- Business
- Lancer Container Lines Limited Lancer Container Lines Limited engages in integrated shipping and logistics solutions as an India-based provider of non-vessel operating common carrier (NVOCC) services, freight forwarding, container trading and leasing, clearing and forwarding, and coastal water transport of intermodal containers; it sells second-hand and new shipping containers, cargo containers, storage containers, customized containers, and portable prefabricated structures including those for construction sites, security, factories, and toll booths; the company also offers project cargo handling, break bulk cargo services for heavy machinery and large pipes, inland transport, customs clearance, warehousing, cargo consolidation, container yard operations with maintenance and repairs, and ISO tank logistics for liquids. Lancer Container Lines Limited operates across approximately 95 overseas ports in Asia, Africa, Latin America (LATAM), and CIS countries, alongside 36 Inland Container Depots (ICDs) in India, with a fleet exceeding 22,000 twenty-foot equivalent units (TEUs) and a three-acre container yard in Navi Mumbai; it serves diverse sectors such as agriculture, furniture, FMCG, retail, and trade through subsidiaries including Cis Connect Global Logistics Private Limited for CIS shipping, LCM Projects Private Limited for freight forwarding and projects, KMS Maritime India Private Limited for customized services, and Worldwide Container Trading Private Limited for container trading. Founded in 2011 and headquartered in Navi Mumbai, Maharashtra, the company listed on the BSE Mainboard in 2016 and maintains eight subsidiaries with owned representations in over 16 Indian locations. Recent developments include multiple container acquisitions such as 200 units from Singamas Container Holdings Limited in 2024, 100 TEUs from Ningbo CIMC Logistic Equipment Co. Ltd, and additional brand-new TEUs from Chinese suppliers to expand its fleet toward a 45,000 TEU target by FY26; strategic partnerships encompass a 2024 collaboration with Dubai-based Ocean Voyage Shipping Line LLC (OVSL) for vessel chartering and allied operations, a tie-up with P.T. Map Trans Logistic for leasing expansion, and board approval in November 2025 for a stock-swap acquisition of PKM General Trading L.L.C via issuance of 10.29 crore new shares, pending approvals.