MSC to pay $1.4B for 49% of Adani's Vizhinjam port
What's the deal? Adani Ports and Special Economic ZonesDealroom has a profile for this one. Try Dealroom → (APSEZ) has agreed to sell a 49% stake in AVPPL — the concessionaire for India's Vizhinjam port — to Terminal Investment LimitedDealroom has a profile for this one. Try Dealroom → (TiL), the container terminal arm of shipping giant MSC GroupDealroom has a profile for this one. Try Dealroom →. TiL is expected to pay around $1.397 billion for the shareholding.
What each side brings: APSEZ operates Vizhinjam, a deep-draft transhipment facility on India's southern coast capable of handling the world's largest container vessels. TiL invests in and operates container terminals globally, giving MSC a direct stake in an emerging Indian Ocean gateway.
Why now? Vizhinjam was commissioned only in December 2024, yet it has scaled quickly. It handled 1.3 million TEU during the 2026 financial year, becoming the fastest Indian port to pass 1 million TEU, and crossed 2 million TEU within 18 months of opening — another national record.
What's the endgame? The port has an annual capacity of 1.6 million TEU and is undergoing an expansion to reach 5.7 million TEU a year by December 2028. The deal ties MSC's cargo volumes to that growth as Vizhinjam positions itself as a transhipment hub.
The signal: APSEZ calls the transaction the single largest foreign private investment in Indian port infrastructure. It marks a bet by one of the world's biggest shipping lines on India's ambition to capture transhipment traffic that has long flowed through rival regional ports.
Read more: The Maritime Standard
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