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Lancer Container Lines’ arm enters into JV, forms subsidiary

27 Sep 2023 Evaluate

Lancer Container Lines’ 100% wholly owned foreign subsidiary -- Lancia Shipping LLC (Dubai Based out) has entered into a Joint Venture & formed a subsidiary company named ‘Agro Anchor shipping service L.L.C’ which would be catering into Freight forwarding & Liner operations business. Equity Sharing Ratio between Lancia Shipping LLC & Agro Anchor Shipping Service LLC is 51% & 49%.

Lancer Container Lines is engaged in providing logistics services.


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