Mediterranean Shipping Co. (MSC) has strengthened its competitive prowess in India with a €5.7 billion (US$6.3 billion) buy of Bollore Africa Logistics that includes a stake in one of the growing container terminals in the country’s east coast region.
Jointly with local partner Indian Ports & Logistics Pvt. Ltd., Bollore operates Dakshin Bharat Gateway Terminal (DBGT) in Tuticorin Port, also known as V.O. Chidambaranar Port.
Subject to necessary regulatory approvals, MSC concluded the African...
https://container-news.com/msc-adds-indian-east-coast-terminal-presence-via-bollore-buy/