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2024

Lancer Container Lines Ltd aims to expand its TEU capacity to 45,000 by FY26

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Mumbai (Maharashtra) [India], June 27: Lancer Container Lines Ltd, one of the leading integrated Shipping and Logistics solution providers in India has announced its mega expansion plans for the next few years. Company aims to expand its TEU capacity to 45,000 by FY26 from nearly 20,000 in FY24 and intends to steadily grow its container inventory by incorporating 200-300 containers each month to meet rising demand. Company aims to become a fully integrated service provider and is actively exploring opportunities to purchase a new vessel. The measures are expected to yield healthy revenue and margin growth in the coming years.