Mumbai: The Shipping Corporation of India Ltd. (SCI) has entered into a multi-party collaboration aimed at strengthening India’s end-to-end logistics ecosystem for EXIM and coastal trade.
As part of a Government of India initiative led by the Ministry of Ports, Shipping and Waterways (MoPSW) and the Ministry of Railways, SCI has signed a Memorandum of Understanding (MoU) with Container Corporation of India Ltd. (CONCOR), Jawahar Lal Nehru Port Authority (JNPA), V.O. Chidambarnar Port Authority (VOC Port), Chennai Port Authority (CPA), and Sagarmala Finance Corporation Ltd. (SMFCL).
The MoU focuses on the acquisition, ownership, leasing, and operation of container vessels, containers, and other related logistics assets. The collaboration aims to support both export-import (EXIM) and coastal trade, subject to mutual agreement among the participating entities.
According to the disclosure, the partnership’s broader objective is to provide customers with a comprehensive, end-to-end logistics solution by integrating port-based services with land and sea transportation. The initiative leverages the combined expertise and infrastructure of shipping, rail, port, and financing entities involved in the agreement.
SCI disclosed the development to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The event occurred on February 3, 2026, at 4:00 PM, as per the company’s regulatory filing.