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    Home»Business»Adani Ports Sells 49% Stake in Vizhinjam Port to MSC
    Business

    Adani Ports Sells 49% Stake in Vizhinjam Port to MSC

    Shruti JoshiBy Shruti JoshiJune 30, 2026No Comments4 Mins Read
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    New Delhi [India], June 30: Transshipment ports are playing an ever more significant role in international trade as shipping routes continue to change. Countries are spending a lot of money on infrastructure that will be able to accommodate more cargo, lower logistics costs, and better compete in global supply chains. In the same vein, India is also making efforts to construct world-class ports and make itself a competitive port destination.

    APSEZ has entered into an agreement with a subsidiary of the terminal operating arm of Mediterranean Shipping Company (MSC) Group, Terminal Investment Limited (TiL) for the sale of a 49% stake in its subsidiary, Adani Vizhinjam Port Pvt. Ltd., part of the biggest investments in the Indian port sector this year.

    APSEZ has signed a Share Purchase and Subscription Agreement with Mundi for the purchase of the minority stake, according to the company’s stock exchange filing. With 49% stake in the project, the deal values Adani Vizhinjam Port at $2.85 billion where Mundi will invest $1.397 billion accordingly.

    The investment also merges India’s biggest private port operator with one of the world’s largest container shipping firms. It’s an excellent example of how strategic alliances between infrastructure owners and global shipping operators are gaining greater meaning in a world of increasing cargo.

    APSEZ Whole-time Director and CEO Ashwani Gupta said that the port of Vizhinjam has rapidly emerged as an important transshipment port in a short period. He pointed out that the port has already become the first in India to handle more than 2 million twenty-foot equivalent units (TEUs) of cargo in just 18 months since it started operations, underscoring the rapid growth of cargo volumes.

    The partnership with MSC is likely to enhance the efficiency in the supply chain and bolster India’s connectivity with existing and emerging markets around the world, Gupta added. The partnership will also ensure that the port can continue its expansion and development due to the constant expansion of the global shipping routes.

    The surprising fact is the speedy growth of the Vizhinjam Port. The building of a new port generally requires a number of years to achieve meaningful cargo volumes and to create regular shipping connections. The first time Vizhinjam has delivered its performance, shipping lines looking for an efficient transshipment point in the area are increasingly taking the plunge.

    Adani Vizhinjam Port generated a total revenue of Rs 843.19 crore for the FY ending March 31, 2026. The company’s share capital was Rs 897 crore and its net worth was Rs 2,813.98 crore, indicating a strong financial base and operational growth of the project.

    The deal also represents APSEZ’s general strategy of partnering with overseas businesses and making a more robust logistics and port infrastructure venture. Major port developers are thinking about partnering rather than operating alone, sharing the infrastructure and having organized shipping networks to give long term visibility of cargo.

    APSEZ is the biggest commercial ports operator and an integrated transport and logistics company in India. It has 15 domestic ports and terminals in eight maritime states and international operations in Australia, Colombo, Israel and Tanzania. The company has been slowly expanding business activities from port operations into integrated logistics services, thereby expanding its presence all along the value chain of cargo.

    The performance of operations has been good. In May 2026, the company transported 48.3 million metric tonnes (MMT) of cargo, which is 16% higher year-on-year. As of May, the year-to-date cargo volume reached 91.4 MMT, 15% higher than the volume in the corresponding period of the previous year. The steady increase is despite the fluctuations in world trade and is considered to be a result of the container, bulk and logistics sectors.

    This news was well received by investors. The trading activity in APSEZ’s shares was around 1.75% up for the day. The stock is up 1.3% in the past month, 37.54% in the past three months, and almost 22% year-to-date, suggesting investors have faith in the company’s growth plans and ongoing expansion of its port footprint.

    The partnership between APSEZ and MSC represents a single instance of how India is seeking to step up its contribution to the international trade via the sea. Such cooperation is expected to be increased in the future as India aims to strengthen its international shipping footprint. Not only do they provide capital, but also access to existing shipping networks, which can be as important as the physical and technological infrastructure in the creation of successful transshipment hubs. The new investment seems to be another milestone in the long-term process for Vizhinjam Port.

    PNN Business

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