After buying a 50 per cent stake in a container-loading facility at Mundra port in Gujarat in last July, Terminal Investment Ltd SA (TIL) , majority owned by Mediterranean Shipping Co SA (MSC), is looking to expand in India further. Terminal Investment Limited SA (TIL) invests in, develops and manages container terminals around the world. The company was founded in 2000 to secure berths and terminal capacity in the major ports used by Mediterranean Shipping Company (MSC).
Tag: Mediterranean Shipping Company
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World’s leading shipping firms mull alliance
The world's three largest shipping firms - Maersk Line, Mediterranean Shipping Company and CMA CGM – decided to form a grand alliance, named P3 Network, by the second quarter of 2014. However, the alliance is subject to regulatory and government approval.The alliance would pool the vessels of the three companies, equivalent to 15 per cent of glob