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TCI Seaways buys its biggest ship
India’s TCI Seaways has bought the 1,900 teu Pacific Star from Myanmar’s Continental Investment Holdings (CIH) for $6.2m, according to Alphaliner. The ship has been renamed TCI Express and is now flying the Indian flag.
The new ship is by some way the largest in the TCI Seaways fleet. Its other ships range in size from 167 to 1,116 teu.
TCI Seaways currently operates five vessels on coastal services between the west and east coasts of India as well as to the Andaman & Nicobar Islands.
The line is part of the Indian TCI Group, involved in shipping, logistics, distribution and real estate.