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• APSEZ and the Mediterranean Shipping Company (MSC) Group have signed binding agreements worth USD 1.4 billion to expand their long-standing partnership in India's ports and logistics sector.
• As part of the deal, MSC will acquire a 50% stake in Adani Ennore Container Terminal Pvt. Ltd. (AECTPL), strengthening collaboration in container terminal operations.
• The two companies will also establish a 50:50 joint venture to develop and operate the North Tug Berth container terminal at Nhava Sheva, enhancing container handling capacity at one of India's busiest ports.
• The partnership is expected to improve port infrastructure, boost operational efficiency, support growing maritime trade and reinforce India's position as a major global logistics and shipping hub.
Adani Ports and Special Economic Zone Ltd. (APSEZ) and the Mediterranean Shipping Company (MSC) Group have entered into binding agreements worth USD 1.4 billion, reinforcing their long-standing partnership in India's maritime and logistics sector. The agreements are aimed at expanding container terminal operations, enhancing port infrastructure and strengthening the country's role in global trade.
A key component of the transaction involves MSC acquiring a 50% stake in Adani Ennore Container Terminal Pvt. Ltd. (AECTPL), which operates a modern container terminal at Kamarajar Port in Tamil Nadu. The partnership is expected to combine APSEZ's port development expertise with MSC's extensive global shipping network, enabling higher operational efficiency and greater cargo handling capabilities.
The two companies have also agreed to establish a 50:50 joint venture to develop and operate the North Tug Berth container terminal at Nhava Sheva (Jawaharlal Nehru Port), India's largest container gateway. The proposed facility is expected to increase terminal capacity, improve vessel turnaround times and support rising container traffic at one of the country's busiest ports.
According to APSEZ, the agreements represent another milestone in its strategic relationship with MSC, one of the world's largest shipping and logistics companies. The collaboration is intended to strengthen India's maritime infrastructure by combining international operational expertise with world-class port assets and long-term investment.
The partnership aligns with APSEZ's strategy of expanding capacity through strategic collaborations while improving service quality across its port network. The company believes the investment will support growing trade volumes, facilitate efficient cargo movement and contribute to the development of integrated logistics solutions for customers.
MSC, through its global shipping and terminal operations, serves trade routes across multiple continents and has maintained a long-standing commercial relationship with APSEZ. The expanded partnership is expected to enhance connectivity between Indian ports and international shipping networks while supporting higher levels of containerisation and trade efficiency.
The agreements are subject to customary regulatory approvals and closing conditions. Once completed, the investment is expected to strengthen port infrastructure, improve operational capabilities and generate long-term value for both partners while supporting India's ambitions of becoming a leading global maritime and logistics hub.
APSEZ stated that the collaboration reflects its continued commitment to investing in high-quality port infrastructure and expanding strategic partnerships that can improve capacity, drive operational excellence and support the country's growing trade and logistics requirements.
Source- Adani
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