Archive · 26 Jan 2026
India Launches Bharat Container Line
India is starting a new shipping company called Bharat Container Line.
This company is a team effort between several big Indian organizations.
Right now, India relies a lot on foreign shipping companies to move goods, which costs a lot of money.
The new company aims to handle more of India's shipping needs, making the country more self-reliant.
This will help India save money and become stronger in the global shipping industry.
The company will use the existing infrastructure and resources of its partners to boost coastal shipping and increase cargo volumes at major ports.
India is launching Bharat Container Line to reduce dependency on foreign shipping lines.
The joint venture includes SCI, CONCOR, Sagarmala Finance Corporation, and three major port authorities.
India currently handles only 5% of its export-import cargo, resulting in an annual freight outflow of USD 75 billion.
The shareholding structure is 30% each for SCI and CONCOR, 20% for Sagarmala Finance Corporation, and 10% for Jawaharlal Nehru Port Authority, with the remaining 10% shared equally between Chennai and V.O. Chidambaranar Ports.
The Bharat Container Line aims to boost coastal shipping, increase cargo volumes, and strengthen India's position in global container trade.
- Who
- Shipping Corporation of India (SCI), Container Corporation of India (CONCOR), Sagarmala Finance Corporation, Jawaharlal Nehru Port Authority, Chennai Port Authority, V.O. Chidambaranar Port Authority
- What
- Launch of Bharat Container Line, a domestic container shipping company
- When
- Memorandum of Understanding to be signed in the coming days
- Where
- India
- Why
- To reduce dependency on foreign shipping lines and boost India's position in global container trade
- Partners
- Shipping Corporation of India (SCI), Container Corporation of India (CONCOR), Sagarmala Finance Corporation, Jawaharlal Nehru Port Authority, Chennai Port Authority, V.O. Chidambaranar Port Authority
- Shareholding Structure
- SCI: 30%, CONCOR: 30%, Sagarmala Finance Corporation: 20%, Jawaharlal Nehru Port Authority: 10%, Chennai and V.O. Chidambaranar Ports: 5% each
- Current Indian Share
- 5% of export-import cargo
- Annual Freight Outflow
- USD 75 billion
- CONCOR's Logistics Backbone
- 66 terminals, 410 container trains, 56,000 ISO containers, 4 million sq ft warehousing