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India plans new container line, sees maritime path to global goals
Anamika Mishra,
Sub Editor
Anamika Mishra,
Sub Editor
In a move that underscores the country’s expanding global ambitions, India announced a multifaceted maritime initiative to bolster trade and widen the country’s reach in seaborne comerce.
Plans call for the launch of a new liner operator, Bharat Container Line, which New Delhi hopes will reduce India’s reliance on foreign vessel operators.
The project initially envisions a fleet of 100 vessels to ply what published reports described as key trade routes.
By comparison, the world’s largest container carrier, Mediterranean Shipping Co., operates almost 900 vessels.
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