India launches first ever direct cargo ferry with Maldives

India and the Maldives have launched the first-ever direct Cargo Ferry Service on 21 September 2020 to boost trade between the two countries. The cargo ferry service will connect the Indian ports of Tuticorin and Cochin ports with Kulhudhuhfushi and Male ports in the Maldives.

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This initiative will help to cut costs and reduce the time taken to transport goods between the two countries. The Cargo Ferry Vessel MCP Linz operated by the Shipping Corporation of India (SCI) will be used to connect the Indian and Maldivian ports.

Important takeaways for all competitive exams:

• Shipping Corporation of India (SCI) MD & Chairman: Mrs H.K.Joshi.
• Shipping Corporation of India (SCI) Headquarters: Mumbai, Maharashtra.
• Shipping Corporation of India Founded: 1950.

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