MSC nears a stake deal with PSA for Nhava Sheva Terminal

Mediterranean Shipping Co. (MSC Group) is reportedly moving close to striking a deal to pick up a minority stake in PSA International’s new terminal at India’s Nhava Sheva Port (JNPT).

PSA Mumbai, also known as Bharat Mumbai Container Terminals (BMCT), began Phase I operations in February 2019, with a capacity of 2.4 million TEUs annually. The Singapore-based company was awarded a 30-year concession for the public-private-partnership (PPP) project in 2014, involving a total investment of US$1...

https://container-news.com/msc-nears-a-stake-deal-with-psa-for-nhava-sheva-terminal/

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