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Concor will expand coastal shipping service to Bangladesh

Container Corporation of India (Concor) will open 20 distribution logistics centres with a combined warehousing space of about 50 million square feet in five years and expand its recently started coastal shipping service to cover India’s east coast and also Bangladesh, its Chairman and Managing Director V Kalyana Rama said.

State-run Concor flagged off its coastal shipping service in January linking Deendayal Port Trust in Kandla with V O Chidambaranar Port Trust in Tuticorin with stops at New Mangalore Port Trust and Cochin Port Trust by a weekly call deploying two 700-TEU capacity ships.

The Navratna PSU opened its first distribution logistics centre in Chennai on March 31.

Read more on The Hindu BusinessLine.

 

Source: The Hindu BusinessLine

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