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CONCOR joins hands with Vizhinjam Port to build new cargo facility in KeralaContainer Corporation of India Ltd. and Vizhinjam International Seaport Ltd. signed an MoU to develop a Container Freight Station near Vizhinjam International Seaport in Thiruvananthapuram, Kerala.By Megha Rani  February 23, 2026, 4:10:35 PM IST (Published)2 Min Read

Container Corporation of India Ltd. (CONCOR) has signed a memorandum of understanding with Vizhinjam International Seaport Ltd. (VISL) for the development of a Container Freight Station (CFS) near the upcoming Vizhinjam International Seaport.

According to the exchange filing, the MoU, signed on February 23, 2026, in Thiruvananthapuram, is non-binding and non-exclusive and aims to facilitate the development of a CFS in the vicinity of Vizhinjam International Seaport, Thiruvananthapuram, Kerala.

Under the said MoU, the land for development of above-mentioned CFS will be provided by VISL on mutually agreed terms and both organisations intend to jointly work on developing the said CFS which is expected to have facilities such as Customs-bonded area, warehouse, container handling and storage yards, import-export cargo handling facilities, weighbridges and other such related facilities for seamless end-to-end services to the customers, according to the exchange filing.

Subsequent to the signing of this MoU, both parties shall enter into an agreement to frame detailed terms and conditions of mutual collaboration.

The partnership is expected to support the development of an integrated logistics ecosystem contributing to regional and national economic growth.

Shares of Container Corporation of India Ltd. (CONCOR) closed at ₹507.2, up 0.83% on the NSE on Monday.

Also Read: CONCOR Q3 Results: Net profit up 9%, declares ₹3.40 interim dividend

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