After buying a 50 per cent stake in a container-loading facility at Mundra port in Gujarat in last July, Terminal Investment SA, majority owned by Mediterranean Shipping Co. SA (MSC), is looking to expand in India. Terminal Investment, the worldÂ’s sixth biggest container terminal operator, will submit initial bids for building a Rs 8,200 crore container-loading facility at Jawaharlal Nehru (JN) port near Mumbai.
The terminal will be able to load as much as 4.8 million standard containers a year when fully developed. That will make it IndiaÂ’s biggest single container terminal by capacity and cost. The Union government-owned Jawaharlal Nehru port is IndiaÂ’s busiest container gateway. Terminal Investment will bid for the project in partnership with Adani Ports and Special Economic Zone Ltd (APSEZ).
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