News / India's flag-carrying box line hunting tonnage to boost market share

Photo: SCI

Shipping Corporation of India (SCI), India’s only long-haul liner operator, is attempting to regain lost ground as the country’s export potential brightens amid the trade diversification in Asia.

The 63%-state-owned carrier wants to acquire up to six second-hand containerships, from mid-size to ultra-large, to beef-up operations that have been severely constrained due to tonnage problems and government divestment strategies.

The move comes after the national carrier added one 9,000-teu ship to the India-Europe trade, a market ...