Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Lancer Container Lines Ltd. Posts stellar Q2 Results; PAT Zooms 162% Business
  • Golden Tulip Successfully Launched the Indian Edition of ‘Club Des Chef’ Business
  • Mana La Excellence Academy Announces APPSC/TSPSC Group 1 Mains RRP Plus Program – Think Beyond Test Series Business
  • Mynd Integrated Solutions Acquires Artificial Intelligence Platform Move78© Business
  • Vishwakarma Institutes & University CEO Bipin Sule felicitated as Trendsetters 2022 by Maharashtra Times Press Release
  • XLRI’s Indo-French-Danish Knowledge Collaboration Business
  • The Economic Times partnering with Concept Medical honours ET Business Transformation Leaders 2022 Business
  • Skybridge Ventures LLP Acquires 24.5% Stake in India Home Loan Limited Business

Adani Ports Sells 49% Stake in Vizhinjam Port to MSC

Posted on June 30, 2026 By

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

Business Tags:Business

Post navigation

Previous Post: Kratikal Tech Limited raised Rs 11.22 Crore via Anchor Investors Prior to IPO Launch
Next Post: Tier-II & Tier-III Healthcare: India’s Next Growth Story

Related Posts

  • Gujarat Natural Resources Limited Rs. 48.15 Crore Rights Issue to Open On December 12 Business
  • CII School of Logistics, Amity University Kolkata to Host MBA Admission Counselling Session 2024 Business
  • Pratilipi Launches Double Tap Films with 150 plus Microdramas Across 10 plus Platforms Business
  • Growatt Shines Bright with Shine Elite India – Hyderabad Edition and Launches Innovative PV Inverter Business
  • Legendary Indian Cricketer Virender Sehwag Announces Entry on Koo App Business
  • Pahuja Law Academy is helping aspirants realise dream of a career in judiciary Business

Recent Posts

  • Vinit Mobile Limited SME IPO Open for Subscription, Looks to Raise Rs. 34.13 Crores
  • CoGrad School Incubation Program Brings Together Leading Education Leaders to Drive Future-Ready School Transformation in India
  • Tier-II & Tier-III Healthcare: India’s Next Growth Story
  • Adani Ports Sells 49% Stake in Vizhinjam Port to MSC
  • Kratikal Tech Limited raised Rs 11.22 Crore via Anchor Investors Prior to IPO Launch

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Sunsky Logistics Limited IPO Opens on Sept 30, 2025 Business
  • Arjun Sen’s Book Raising A Father Celebrates Daughter Father Connection Lifestyle
  • Ayuvya announces its arrival in the Indian Wellness Industry with 1lakh+ customers Business
  • Talemahmad Khan D. Tunvar attempts to give the steel industry a sustainable future Business
  • Cash Ur Drive Acquires 50 Percent Stake of Charjkaro Greentech Mobility; Strengthens EV Ecosystem Presence Business
  • Content is King: How Dinesh Vijan’s Maddock Films Ruled 2024 with Rs 1,300 Crores in Box Office Success Entertainment
  • Instant Loans Up to Rs. 5 Lakh for Your Immediate Needs Finance
  • Cellecor Gadgets Ltd. – Elevating Experience with Innovation: Announces New Launches, SKUs Additions & Strategic Collaborations Business

Copyright © 2026 Daily News India.

Powered by PressBook News WordPress theme