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Velox Shipping inks pact to acquire 98% stake in CCSL Dubai
Dec-20-2025

Velox Shipping and Logistics has signed an agreement for the acquisition of 98% stake in Consolidated Container Shipping Line LLC Dubai (CCSL Dubai) to establish its business operations in international markets. The cost of the acquisition is Rs 5 crore. The acquisition is likely to be completed on or before December, 2026.

Velox Shipping and Logistics (Formerly Velox Industries) trades, merchants, imports, exports, buys and sells all kinds of materials and commodities including machinery, equipment, textiles, leather goods, vanaspati, and chemicals.

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