Aegis Logistics commissions cryogenic LPG terminal in Mangalore

Aegis Logistics Limited (BSE:AEGISLOG) announced today the commissioning of a cryogenic Liquified Petroleum Gas (LPG) terminal at Mangalore, India. The terminal is operated by Sea Lord Containers Limited ("SCL"), a wholly-owned subsidiary of Aegis Logistics. The facility boasts a static storage capacity of 82,000 MT and will be used for the storage and terminalling of liquified petroleum gases. Developed by SCL on behalf of Aegis Vopak Terminals Limited, an associate company, the terminal will be transferred to Aegis Vopak Terminals Limited subsequently, and exchanges will be intimated separately. This development aligns with Aegis Logistics' strategic expansion in the LPG sector and is expected to contribute positively to the company's operations.