Concor enters Coastal Shipping in India

India measures around 2,933 Kms from West to East and around 3,214 km from South to North and boasts a coastline of around 7,516..

Given such distances and the volume of goods handled, rail transport was found to be one of the cheaper options for all cargoes over medium to long distances..

Indian Railways entered the cargo market for moving door-to-door domestic cargo in special DSO containers starting in 1966..

The first ISO containers were handled in India from Kochi since 1973 but only in 1981, the first ISO container was moved inland by the Indian Railways to India’s first Inland Container Depot (ICD) at Bengaluru, also managed by the Indian Railways..

Container Corporation of India Ltd. (CONCOR), was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways..

From that humble beginning, Concor has become the undisputed market leader operating a large network of 81 ICDs/CFSs in India (73 terminals and 8 strategic tie-ups) providing inland transport by rail for containers also expanding to managing Ports, air cargo complexes and cold-chain facilities..

Considering the inadequacies in the rail and road sector, in recent years, Coastal Shipping has become a major priority of the Government of India and has gained considerable ground following the relaxation of cabotage rules combined with inducement initiatives such as tariff concessions and dedicated berth infrastructure for vessels operating in that trade..

Amid increasing competition and a rapidly changing market, driven by weak demand and digitization, Concor has decided to enter the coastal shipping market in India..

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Source: shippingandfreightresource.com