Concor to reintroduce coastal shipping in India

03 Sep 2024 CW Team

In June 2024, Concor and Shipping Corporation of India (SCI) signed a Memorandum of Understanding (MoU) to explore collaborative business opportunities. This partnership leverages both companies' infrastructure and expertise to offer seamless, cost-effective logistics services to customers through a single window.

Sanjay Swarup, CMD, Concor, emphasized the eco-friendly benefits of coastal shipping. Concor initially launched coastal shipping services in January 2019, establishing routes from Gujarat to the South. However, the service was suspended in 2020 due to the COVID-19 pandemic. Swarup announced that Concor, in collaboration with SCI, will soon restart coastal shipping operations from Gujarat to South India and further extend them to the eastern regions of the country.

The MoU will allow SCI's shipping services to expand Concor's reach into international markets and venture into coastal and inland waterways trade, providing a diverse range of customizable logistics solutions for the broader trade community.

Commodities identified for the coastal routes include waste paper, ceramic tiles, sanitary ware, soda, cotton bales, and consumer durables. Coastal shipping will also enhance Concor's focus on first- and last-mile connectivity, a key element of their logistics strategy.

Concor has also launched a logistics app to support these services. ?First mile, last mile (FMLM) has been a significant success. In the first quarter of FY25, we generated Rs 82 crore in revenue from FMLM services, reflecting a 35% year-on-year growth,? Swarup noted.

The company has set an ambitious growth target of 50% for FY25, driven by the nationwide launch of the app and ongoing customer education efforts. Swarup expressed confidence in achieving this target, further solidifying Concor's role in India's logistics sector.

(Businesstoday)

State-owned Container Corporation of India Ltd (Concor) is set to resume coastal shipping as part of its multi-modal logistics strategy, aiming to provide a cost-effective, faster, and environmentally friendly mode of transportation. In June 2024, Concor and Shipping Corporation of India (SCI) signed a Memorandum of Understanding (MoU) to explore collaborative business opportunities. This partnership leverages both companies' infrastructure and expertise to offer seamless, cost-effective logistics services to customers through a single window. Sanjay Swarup, CMD, Concor, emphasized the eco-friendly benefits of coastal shipping. Concor initially launched coastal shipping services in January 2019, establishing routes from Gujarat to the South. However, the service was suspended in 2020 due to the COVID-19 pandemic. Swarup announced that Concor, in collaboration with SCI, will soon restart coastal shipping operations from Gujarat to South India and further extend them to the eastern regions of the country. The MoU will allow SCI's shipping services to expand Concor's reach into international markets and venture into coastal and inland waterways trade, providing a diverse range of customizable logistics solutions for the broader trade community. Commodities identified for the coastal routes include waste paper, ceramic tiles, sanitary ware, soda, cotton bales, and consumer durables. Coastal shipping will also enhance Concor's focus on first- and last-mile connectivity, a key element of their logistics strategy. Concor has also launched a logistics app to support these services. ?First mile, last mile (FMLM) has been a significant success. In the first quarter of FY25, we generated Rs 82 crore in revenue from FMLM services, reflecting a 35% year-on-year growth,? Swarup noted. The company has set an ambitious growth target of 50% for FY25, driven by the nationwide launch of the app and ongoing customer education efforts. Swarup expressed confidence in achieving this target, further solidifying Concor's role in India's logistics sector. (Businesstoday)

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..