Event Details
TCI Seaways, a division of Transport Corporation of India Limited, has taken delivery of one 500-TEU cellular container carrier on October 29, 2026. The vessel is named TCI SETU.
This delivery is in continuation of the company's previous disclosure dated July 27, 2024, which announced an agreement with Taizhou Sanfu Ship Engineering Co. Ltd. (a Chinese company) for the construction and delivery of two cellular container vessels, each with a deadweight capacity of approximately 7,300 metric tonnes.
Capacity Details
Existing Capacity: The TCI-Seaways division currently operates six ships with a total capacity of 78,120 DWT and over 8,500 marine containers.
Existing Capacity Utilization:
- Four ships deployed on East Coast routes: Chennai–Andaman–Chennai, Chennai–Myanmar–Chennai, and Visakhapatnam–Andaman–Visakhapatnam
- Two ships deployed on West Coast routes: Kandla–Kochi–Tuticorin–Kandla and Kandla–Mangaluru–Kochi–Kandla
New Capacity Addition: One 500-TEU cellular container carrier
Delivery Date: October 29, 2026
Financial Details
Investment Required: ₹178,81,97,273.61 (One hundred seventy-eight crore eighty-one lakh ninety-seven thousand two hundred seventy-three rupees and sixty-one paise)
Mode of Financing: Internal Accruals
Rationale
The capacity addition is intended to augment the existing capacity of the Company's shipping operations.
Additional Information
The disclosure is signed by Hansa Sharma, Company Secretary & Compliance Officer (Membership No.: A42616) and is available on the Company's website at www.tcil.com.