India Approves Plan for Domestic Shipping Line in Broad Container Ecosystem
The government of India oversaw the formal signing of agreements on February 3, which set out the plans for the country’s new domestic container shipping line to be known as Bharat Container Shipping Line (BCSL). It is one key element of Prime Minister Narendra Modi’s broader vision for a self-reliant container ecosystem to lessen India’s dependence on foreign carriers and drive job growth and the economy. The memorandum of understanding for the new container line was signed by the leading...
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