Terminal Investment Ltd (TiL), the container terminal operating and investing arm of Swiss MSC Mediterranean Shipping Company, the world’s largest container shipping company, has taken a 49% stake in Adani Ennore Container Terminal Pvt Ltd (AECTPL).
The post MSC arm acquires stake in Adani’s Ennore...
https://www.offshore-energy.biz/msc-arm-acquires-stake-in-adanis-ennore-container-terminal/
MSC’s 49% stake acquisition in Adani Group’s container terminal at Ennore Port, also known as Kamarajar Port, has the potential to boost direct calls out of India’s southern corridor as volumes build.
Ennore is located about 15 miles north of Chennai. Maersk is the main liner customer for the Ennore terminal (AECTPL) at present, with two weekly sailings, while CMA CGM recently added a call there via its NEMO service connecting to North Europe and the Mediterranean.
Under the deal, MSC through its...
https://container-news.com/msc-adani-terminal-deal-at-ennore-poised-to-boost-south-india-trade-flow/