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

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Resources

16 Sep 2025

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Real Estate

16 Sep 2025

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..