News / Shipping Corp of India edging closer to a VSA with USWC carrier

Photo: SCI

With its privatisation plan in limbo, Shipping Corporation of India (SCI) is making a renewed pitch to pump up its sagging container profile in the long-haul trades, according to industry sources.

The national carrier – of which the government owns 63.75% – was put on the block in 2019 as part of a larger government divestment programme, but the process has been painfully slow because of regulatory and due diligence hiccups. And there are no definite indications when it will be ...