Container Corporation Signs MoU to Form Bharat Container Shipping Line Joint Venture

Container Corporation of India has entered into a multi-entity partnership aimed at establishing a national container shipping capability, marking a key step in strengthening India’s container logistics and maritime operations. 

MoU Signing and Participating Partners 

Container Corporation of India signed a memorandum of understanding on February 3, 2026, with Shipping Corporation of India, Jawaharlal Nehru Port Authority, V.O. Chidambarnar Port Authority, Chennai Port Authority and Sagarmala Finance Corporation Ltd to form a proposed joint venture company named Bharat Container Shipping Line.  

The agreement was signed in New Delhi and follows the announcement made during India Maritime Week 2025 regarding the launch of India’s first national container shipping line. 

Proposed Ownership and Operational Scope 

Under the proposed structure, Container Corporation and Shipping Corporation of India are expected to hold 30% equity each in Bharat Container Shipping Line.  

Sagarmala Finance Corporation Ltd is expected to hold a 20% stake, while Jawaharlal Nehru Port Authority will hold 10%. V.O. Chidambarnar Port Authority and Chennai Port Authority are expected to hold 5% each.  

The joint venture is planned to acquire, own, lease and operate container vessels, as well as own and lease containers and related assets, serving both EXIM and coastal trade. 

Integrated Logistics and Strategic Objective 

The proposed entity aims to deliver end-to-end logistics solutions by integrating port-based services with land and sea transportation.  

By pooling expertise across container handling, shipping operations and multimodal logistics, Bharat Container Shipping Line is expected to enhance cargo movement efficiency and support India’s growing container trade requirements. 

Read More: SAIL–RITES Signed MoU to Strengthen Logistics Operations! 

Container Corporation of India Share Price Performance  

As of February 4, 2026, at 9:20 AM, Container Corporation of India share price is trading at ₹526.25 per share, reflecting a decline of 0.31% from the previous closing price. Over the past month, the stock has declined by 0.40%. 

Conclusion 

The MoU signed by Container Corporation and its partners lays the foundation for Bharat Container Shipping Line, bringing together major logistics and port entities to build a national container shipping platform with integrated logistics capabilities. 

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