BS reported that Shipping Corporation of India has entered into an agreement with Geneva based Mediterranean Shipping Company to run its European service.
SCI has deployed four vessels while MSC has deployed three vessels for the European service. The rotational service begins from Jawaharlal Nehru Port and goes to Mundra, Salalah, Barcelona, Hamburg, Rotterdam, Jeddah and Colombo.
As per report, SCI signed the agreement after four of its partners in the European service withdrew because of fall in trade.
Mr JN Das director of SCI told PTI that "We are continuing our European service with Mediterranean Shipping Company after our old partners withdrew.”
ZIM Israel, Yang-Ming Lines of Taiwan, MISC of Malaysia and K-Line of Japan are the SCI partners who withdrew.
(Sourced from Business Standard)
