The promoters of the Company are the Parekh and Somani families. The Company has three strategic foreign investors in the company namely Coeclerici Logistics S.p.A of Italy, Logiscor Ltd. (Scorpio Group) of Marshall Island and Oxbow Coal B.V. of USA, who are world leaders in various fields of shipping activities and trading. The Company has also got investment through some of the companies of Mr. Vallabh Bhansali (who is the leading financial consultant in India) and family. The Company has lost its Managing Director, Mr. Sunil S. Parekh in terror attack in Mumbai on 26/11/2008. Mr. Parekh had devoted his entire life to bring USL's business to great heights in the shipping and logistics sector. After this tragic loss, his father, Mr. S. J. Parekh, who is the Chairman, has taken over the additional responsibility of Managing Director, ably supported by a team of competent execu-tives, who have the zeal to take forward the vision of Late Mr. Sunil S. Parekh. The investors along with the promoters have shown consolidated faith in the Company, even after the loss of Mr. Sunil Parekh and have committed themselves to ensure that USL remains at the pinnacle of logistic and shipping industry in India for times to come.