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India Launches State-Backed Container Line

India Launches State-Backed Container Line

India has announced the launch of a state-backed ocean carrier, Bharat Container Shipping Line (BCSL), as part of a push to reduce the country’s reliance on foreign carriers, strengthen control over critical trade lanes, and build out more domestic shipping capacity. According to gCaptain, a memorandum of understanding was signed on February 3, bringing together a [...]

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