New Delhi, Feb. 3 -- The Union Government on Tuesday moved a step closer to building an integrated, domestically anchored container ecosystem, as a Memorandum of Understanding (MoU) was signed to establish the Bharat Container Shipping Line (BCSL).

The MoU signing was held in the presence of Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal and Union Minister for Railways, Information and Broadcasting, and Electronics and Information Technology, Ashwini Vaishnaw, signalling a coordinated push across shipping, ports and rail-linked logistics. The Union Minister of State for MoPSW, Shantanu Thakur, also attended the ceremony.

According to a release, the BCSL MoU was signed among the Shipping Corporation of India ...