Aegis Logistics commissions cryogenic LPG terminal in Mangalore via subsidiary Sea Lord Containers
By Aditya Bhagchandani Published on June 12, 2025, 11:52 IST
Aegis Logistics Limited announced that its wholly owned subsidiary, Sea Lord Containers Limited (SCL), has successfully commissioned a cryogenic Liquified Petroleum Gas (LPG) terminal in Mangalore as of June 12, 2025. The terminal boasts a static storage capacity of 82,000 metric tonnes and is intended for storage and terminalling of LPG.
This new infrastructure asset was developed by SCL on behalf of Aegis Vopak Terminals Limited, an associate company. Aegis stated that the transfer of this terminal to the associate entity will be communicated separately to the stock exchanges in due course.
The commissioning marks a significant milestone in Aegis Logistics' expansion in the LPG storage and handling space, strengthening its infrastructure presence along India's western coast.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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