en.Wedoany.com Reported - Mediterranean Shipping Company (MSC) is poised to acquire a 49% stake in the Vizhinjam International Container Terminal in Kerala.

Specifically, according to a report by the Economic Times of India, the surging demand from global top liner shipping companies for Indian port assets is gradually materializing, with MSC likely to acquire a substantial stake in the Vizhinjam container terminal in Kerala.

According to the report, Adani Ports and Special Economic Zone Limited (hereinafter referred to as "APSEZ") has initiated negotiations with MSC to sell approximately 49% of the equity in the port's international container transshipment business.

In fact, APSEZ and MSC are no strangers to each other, having already established a cooperative relationship. Currently, the Indian company operates two container terminals at Mundra Port through separate 50-50 joint ventures with MSC's subsidiary TIL and the French CMA CGM Group.

Furthermore, the Economic Times of India noted that the terms of APSEZ's Vizhinjam port concession allow the operator to dilute its stake to 26%, providing room to bring in strategic investors.

The Vizhinjam container port officially commenced operations in December 2024 and has already handled over 2 million TEUs, demonstrating significant growth potential.

In short, driven by India's "Maritime Vision 2047," a large number of investors and liner shipping companies are continuously increasing their investments in India through acquisitions, establishing joint ventures, ordering new ships, and reflagging vessels.

According to the latest data from Alphaliner, MSC operates 1,001 container ships, including 751 owned vessels and 250 chartered vessels, with a total capacity of 7.329 million TEUs, commanding a market share of 21.6%. Additionally, MSC holds orders for 125 newbuild ships totaling 2.142 million TEUs.

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