Shipping Corporation of India Seeks New Container Ships Amid National Maritime Push
The Shipping Corporation of India (SCI) is actively looking to expand its container vessel fleet following its privatization. The company has issued a request to charter four secondhand ships as an initial step. This move is part of a larger strategy that includes ordering newbuild vessels in the near future. SCI's expansion aligns with the Indian government's 'Amrit Kaal Vision 2047', which aims to significantly increase the nation's shipping capacity and global maritime presence. The carrier is now debt-free and holds substantial cash reserves to fund this growth.
Official Source: https://theloadstar.com/sci-shops-around-for-new-box-ships-amid-indias-maritime-push/
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