CONCOR Signs MoU to Operate Container Terminal at Bhavnagar Port

Container Corp. of India Ltd. (CONCOR) on Thursday said it has signed a memorandum of understanding with Bhavnagar Port Infrastructure Pvt. Ltd. to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port in Gujarat.

The company said terms and conditions for the agreement are being finalised.

“This marks a significant strategic move for CONCOR as it ventures into port operations,  aligning with its vision of forward integration,” it added in the filing.