Latest Container Terminals News & Updates

Adani Ports Partners with MSC Group for Vizhinjam Port Investment

By

Ahmedabad, June 30 (IANS) Adani Ports on Tuesday said it has entered into a definitive agreement with MSC Group under which MSC’s container terminal operating and investing arm Terminal Investment Limited (TiL) will invest for 49 per cent interest in Adani Vizhinjam Port Private Limited (AVPPL), the concessionaire for Vizhinjam port. The strategic collaboration represents the single largest foreign private investment in Indian port infrastructure and cements Vizhinjam’s emergence as a domin…