APSEZ EXPANDS STRATEGIC PARTNERSHIP WITH MSC
The Business Guardian|December 17, 2023
Terminal Investment Ltd acquires 49% stake in Adani Ennore Container Terminal Pvt Ltd (AECTPL) for an equity consideration of Rs 247 crore
APSEZ EXPANDS STRATEGIC PARTNERSHIP WITH MSC

Adani Ports and Special Economic Zone Ltd (APSEZ), the largest transport utility in India, has entered into a second strategic partnership with Terminal Investment Limited (TiL), the container terminal operating and investing arm of MSC, the largest container shipping line in the world, for the operation of Adani Ennore Container Terminal Pvt Ltd (AECTPL). This second joint venture builds on the success of the 2013 joint venture with TiL for Adani International Container Terminal Pvt Ltd (AICTPL), which operates CT3 Container Terminal at Mundra Port, the largest private commercial port in India.

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