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03 AUG 2026 MONDAY
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Adani Ports says MSC’s TiL to invest $1.4 billion for 49% stake in Vizhinjam Port; shares gain over 1% in Port News 01/07/2026 Shares of Adani Ports and Special Economic Zone (APSEZ) gained around 1% to Rs 1,794 in early trade on Tuesday after the company announced that it has entered into a definitive agreement with Terminal Investment Limited (TiL), the container terminal operating and investing arm of MSC Group, for the sale of a 49% stake in Adani Vizhinjam Port Private Limited (AVPPL). According to the stock exchange filing, TiL will invest $1.397 billion, representing its proportionate 49% share of the port’s $2.85 billion enterprise value. The transaction is subject to customary approvals, including regulatory clearances. APSEZ said the partnership represents “the single largest foreign private investment in Indian port infrastructure” and “cements Vizhinjam’s emergence as a dominant transshipment gateway in the Indian Ocean region.” Commenting on the transaction, Ashwani Gupta, Whole-time Director and CEO, APSEZ, said, “Vizhinjam port has emerged as a premier transshipment hub and ramped up at an unprecedented pace, becoming the first Indian port to earn the unique distinction of crossing 2 million TEUs within 18 months of operations.” He added, “I am delighted to expand APSEZ’s long-standing partnership with MSC to Vizhinjam, as we prepare for the port’s next leg of journey. I am confident that our association will deli… The company said the strategic collaboration is expected to deliver enhanced cargo volumes, improve volume visibility, strengthen its presence on East Africa trade routes, increase Bangladesh cargo handled through the port and boost relay cargo volumes. Commissioned in December 2024, Vizhinjam is India’s first deep-draft mega transshipment port with an annual handling capacity of 1.6 million TEUs. The port is being expanded to 5.7 million TEUs by December 2028. APSEZ said Vizhinjam handled 1.3 million TEUs in FY26, crossed 2 million TEUs wi
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news Hellenic Shipping News ·2026-07-01

Adani Ports says MSC’s TiL to invest $1.4 billion for 49% stake in Vizhinjam Port; shares gain over 1%

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