
The shipowning group Helvetic Mediterranean Shipping Company (MSC) further increases its presence in the Indian harbour market also this time in cooperation with the Adani Ports and Special Economic Zone Limited (APSEZ), which is the main harbour operator of India. The two parts, in fact, have undersigned yesterday an agreement of purchase and subscription of shares according to which Mundi Ltd., society integrally controlled from Terminal Investment Ltd. (TiL), that is the terminalista division of the group MSC, will acquire 49% of the capital of the Adani Vizhinjam Port Private Ltd. (AVPPL), society that manages the new port of transhipment of Vizhinjam that is inaugurated to half 20 of
(
of
12 July 2024).
The share of 49% of the capital was ceded to 1.397 billion dollars by the APSEZ which maintains the remaining 51%. The acquisition takes place in two stages, with the first that sees TiL pay $539 million to pay the remaining 858 million by the completion of the project at the end of 2028.
Currently the port of Vizhinjam has an ability to containerized traffic pairs to 1,6 million teu per year that, with the completion of the works in course, will be elevated to 5,7 million teu within the end of 2028. The port has a dock line of 800 meters (which at 2028 will be brought to 2.000 meters) with depth of the bottom of -18/20 meters. In the fiscal year 2026, finished last 31 March, the harbour port port port port port port port of call has enlivened 1,3 million teu and in the course of the current month it has served the thousandth ship, included more than 70 ultra large container vessel and 98 fishing vessels greater than 16 meters.
MSC is already partner of the APSEZ in the ports of Mundra and Ennore(
of 3 July 2013 and 15 December 2023).