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TCI Seaways acquires vessel in West Coast of India

Capital Market

Through its division TCI Seaways

TCI Seaways, a division of Transport Corporation of India has acquired another vessel in the West Coast of India. The ship has a DWT 13760 with nominal capacity of 712 (TEUs) and was acquired in March, 2017. With this new induction, TCI Seaways will now operate 5 coastal ships covering both the eastern and western ports of India.

The new service will be from Mundra to Kochi - Tuticorin and back. It is intended to serve Punjab, UP, NCR, Rajasthan and Gujrat production areas for consumption in South and return cargo from South.

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First Published: Apr 17 2017 | 5:46 PM IST

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