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TCI to Acquire Ships for Coastal Seaway Business Expansion

29 May 2026

Transport Corporation of India (TCI) plans to acquire two cargo ships worth USD 35-40 million in FY2025 to strengthen its coastal seaways business, marking a significant expansion of the company’s maritime operations. Fleet Expansion Plans The company has allocated ₹375 crore for investment in FY25,

Transport Corporation of India (TCI) has announced a strategic investment of USD 35-40 million to acquire two new cargo ships during FY2025. This significant fleet expansion, backed by an allocation of ₹375 crore, aims to bolster the company's coastal seaways business across major Indian ports. By increasing its maritime footprint, TCI intends to enhance domestic logistics efficiency and strengthen supply chain connectivity, marking a pivotal shift in India’s coastal shipping capabilities and long-term maritime infrastructure development goals.

The integration of these new vessels into the TCI fleet necessitates strict adherence to international maritime safety and environmental standards. Compliance with the International Maritime Organization (IMO) SOLAS Chapter II-1 regarding construction and machinery, alongside MARPOL Annex VI regulations for air pollution prevention, remains mandatory for all coastal tonnage. Furthermore, vessels must meet the stringent requirements set by classification societies such as IRS or DNV. Adhering to these regulatory frameworks is essential for operational certification, ensuring that TCI maintains high safety benchmarks while navigating India's busy coastal corridors.

This fleet expansion will directly impact employment opportunities for masters, navigating officers, and chief engineers. These professionals must prepare for increased demand for expertise in coastal navigation, vessel maintenance, and compliance reporting. Officers should focus on updating their certifications and familiarizing themselves with the specific technical specifications of the new cargo ships. Staying proactive regarding vessel-specific safety management systems will be crucial for those seeking career advancement within TCI’s growing maritime division during this fiscal year.

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