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Home » Global News » Asia » Lancer Container Lines targets 45000 teus capacity by FY26

Lancer Container Lines targets 45000 teus capacity by FY26

Lancer Container Lines plans to keep growing its container inventory by adding 200 to 300 containers on a monthly basis.
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Lancer Container Lines is an integrated shipping and logistics service provider. It aims to increase its cargo handling capacity from 20,000 teus in FY24 to 45,000 teus in FY26. The liner further has mega plans to keep growing its container inventory gradually by 200 to 300 containers every month, to meet the rising demand. The company is actively looking for purchasing a new vessel as well.

The Company is providing services in regions like the Indian Subcontinent, South East Asia, Far Coast, Mediterranean Sea, Red Sea, Black Sea, Asia, Middle East, Africa, CIS Countries, USA, Europe, and Latin America.

The company has a presence in over 30 countries and serve 86 ports and 36 ICD locations. In FY24, Lancer reported total revenue of Rs. 646.8 crore, EBITDA of Rs. 88.1 crore (EBITDA Mn 13.9%) and PAT of Rs. 58.3 crore (PAT Mn 9.2%).

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