News

PSU Flotilla headed for foreign port ops

January 22, 2025 2 min read
author Anamika Mishra, Sub Editor
India Charts an Ambitious Course for PSU Flotilla in Foreign Operations India is charting an ambitious course to establish a PSU flotilla for foreign operations. It is signaling its intent to strengthen its global maritime presence. Bharat Global Ltd. will feature equity participation by public sector enterprises, such as the Indian Port Rail & Ropeway Corporation, Sagarmala Development Company, and the Shipping Corporation of India (SCI). Bharat Container Shipping Line: Enhancing Trade Resilience As part of this initiative, India plans to operationalize the Bharat Container Shipping Line under SCI to withstand disruptions in global trade. "This consortium will replicate the Chabahar port model at other strategic international locations. It is enhancing foreign port operations and connectivity," stated a senior official. India's Expanding Global Maritime Presence India's commitment to global maritime expansion is evident in its ongoing efforts. The nation already has a presence in Myanmar's Sittwe port. It is developed under the Kaladan Multi-modal Transit Transport Project. It operates Chabahar port in Iran under a 10-year bilateral agreement. India Ports Global manages both ports. It showcases

The only supply chain registration you need

Unrivaled context behind every news and article for free.

Register
logo

Subscribe to Our Newsletter

The week’s best stories, handpicked by JOSC editors in your inbox every week.

Stay informed with exclusive content