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TCI orders cargo ships from China

Mint Mumbai

|

October 31, 2024

TCI plans to use the ships to carry cargo along ports spanning the east and west coasts of India

- Subhash Narayan

TCI orders cargo ships from China

As India-China ties thaw, a logistics and supply chain management company, Transport Corporation of India, has zeroed in on buying two cargo ships from China for $38 million (Rs 320 crore) to bolster its operations, especially along the domestic coastline.

The company ordered two new cellular container vessels, which are designed for transporting containers, of about 7,300 deadweight tonnes (DWT) each from Chinese shipyards. The ships are expected to be delivered in two years. TCI plans to use them to carry cargo along ports spanning the east and west coasts of India.

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