- Business
- Lancer Container Lines Ltd Lancer Container Lines Limited (LANCER.NS) provides integrated shipping and logistics services worldwide, specializing in non-vessel operating common carrier (NVOCC) liner services; freight forwarding and project cargo handling; container trading, leasing, and sales of intermodal, cargo, storage, and customized containers; coastal water transport of containers by ship; portable prefabricated structures for construction sites, security, factories, and toll booths; and container yard operations including a 3-acre facility in Navi Mumbai. The company, founded in 2011 and headquartered in Navi Mumbai, India, operates across 86 overseas ports and over 36 inland container depot locations in India, with a fleet exceeding 20,000 TEUs, serving key regions including Asia, Africa, Latin America (LATAM), and Commonwealth of Independent States (CIS) countries through subsidiaries such as Cis Connect Global Logistics Private Limited, LCM Projects Private Limited, KMS Maritime India Private Limited, and Worldwide Container Trading Private Limited. Recent developments include a strategic collaboration with Dubai-based Ocean Voyage Shipping Line LLC (OVSL) in December 2024 for vessel chartering and allied operations to drive multi-fold growth and margin expansion; a leasing agreement in September 2024 with Indonesia's P.T. Map Trans Logistic for 10,000 TEUs; multiple container acquisitions in May 2024 totaling 400 TEUs from suppliers like Singamas Container Holdings and Ningbo CIMC Logistic Equipment Co. Ltd; board approval in November 2025 for a stock-swap acquisition of PKM General Trading L.L.C.; and ongoing fleet expansion targeting 45,000 TEUs by FY26 alongside plans to acquire vessels for fully integrated services.