India to buy more second-hand vessels to raise container capacity, official says

India plans to acquire additional second-hand vessels to enhance its container shipping capacity, a senior shipping official announced on Thursday. This decision follows discussions with various government ministries aimed at reducing shipping costs and boosting exports.

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India will purchase more second-hand vessels to add to the country's container shipping capacity, a senior shipping official said on Thursday after talks with multiple government ministries to cut shipping costs and increase exports. (You can now subscribe to our Economic Times WhatsApp channel ).