Shipping Corporation of India (SCI) is on track to achieve a profit after tax exceeding Rs 2,000 crore by FY27. This growth is driven by an ambitious fleet expansion plan. SCI aims to add over 34 vessels through joint ventures in the petroleum sector and 51 container vessels in collaboration with CONCOR and four major ports. This expansion will enhance SCI's capacity and operational efficiency, crucial for meeting the increasing demand in maritime logistics. Importers and exporters relying on SCI for shipping services should anticipate improved service capabilities. For further details, refer to the official announcement.
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