Jeena & Co. has succeeded in bringing about the first Memorandum of Understanding (MoU) regarding a business cooperation between an Indian port and an overseas counterpart.
The MoU was signed between Jeena, Chennai Port and the Port of Halifax, Nova Scotia, Canada, earlier this year. Jeena acts as ambassador for the Port of Halifax and played a key role in initiating
and organizing an MOU for sister port cooperation, which Jeena believes create a new era of mutual understanding.
The MoU is evidence of the steps that Jeena is taking to maintain strong growth in a time of general economic certainty, the company has said. Other moves include strengthening its international network by
placing an Indian representative in China by tying up with one of the largest Chinese logistics companies, Cargo Services. Zubin Davar, Jeena delegate to China, will be taking up this responsibility from
July 2009. This partnership will also cover another important market like Hong Kong.