ports June 30, 2026

MSC Acquires 49% Stake in Vizhinjam Port for $1.4bn

Mediterranean Shipping Company (MSC) is expanding its presence in India's container market by acquiring a 49% stake in Adani Ports' Vizhinjam transhipment terminal for $1.4 billion, as reported by Splash247. This transaction values the Kerala port at approximately $2.85 billion.

Vizhinjam (IN)