{"id":35953,"date":"2024-09-05T20:08:17","date_gmt":"2024-09-05T14:38:17","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=35953"},"modified":"2024-09-05T20:08:17","modified_gmt":"2024-09-05T14:38:17","slug":"msc-poised-to-become-anchor-customer-for-vizhinjam-international-seaport","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/maritime-trade\/msc-poised-to-become-anchor-customer-for-vizhinjam-international-seaport\/35953\/","title":{"rendered":"MSC poised to become anchor customer for Vizhinjam international seaport"},"content":{"rendered":"<p>Mediterranean Shipping Company (MSC), the world\u2019s largest container shipping line, is in advanced talks to become the anchor customer for the Vizhinjam International Seaport, a major upcoming port project in Kerala, India. The partnership, if finalized, is expected to elevate Vizhinjam\u2019s profile as a key maritime hub, positioning it as a strategic point for global shipping routes.<\/p>\n<p>Vizhinjam International Seaport, developed by the Adani Group, is set to become one of India\u2019s most significant deepwater ports. With its natural deep draft of 20 meters, the port is designed to handle some of the world\u2019s largest container ships, providing a crucial gateway for trade between Asia, Europe, and Africa. MSC\u2019s potential involvement would bring substantial business to the port, helping it attract additional global shipping lines and expanding its operational reach.<\/p>\n<p>Discussions between MSC and Adani Ports are centred on long-term commitments, enabling the seaport to cater to MSC\u2019s vast shipping network. The move is part of MSC\u2019s broader strategy to strengthen its footprint in South Asia, leveraging Vizhinjam\u2019s location on key shipping lanes to streamline its operations. The seaport\u2019s proximity to major international trade routes, coupled with MSC\u2019s global shipping network, is expected to transform Vizhinjam into a major transshipment hub, reducing dependency on ports like Colombo and Singapore.<\/p>\n<p>The Vizhinjam project, scheduled for partial completion by December 2023, is expected to have a significant economic impact on India\u2019s maritime trade. Once operational, the port is anticipated to handle over a million TEUs (twenty-foot equivalent units) annually, with MSC\u2019s potential anchor presence offering a steady flow of cargo. This would not only boost local employment and infrastructure but also cement India\u2019s position as a competitive player in global trade logistics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vizhinjam International Seaport, developed by the Adani Group, is set to become one of India\u2019s most significant deep-water ports. With its natural deep draft of 20 meters, the port is designed to handle some of the world\u2019s largest container ships, providing a crucial gateway for trade between Asia, Europe, and Africa.<\/p>\n","protected":false},"author":412,"featured_media":35957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15275],"tags":[18293,20847,15696,20849,20848,16862],"class_list":["post-35953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-trade","tag-global-shipping-lines","tag-global-trade-logistics","tag-indias-maritime-trade","tag-mscs-vast-shipping-network","tag-teus-twenty-foot-equivalent-units","tag-vizhinjam-international-seaport"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/35953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/412"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=35953"}],"version-history":[{"count":3,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/35953\/revisions"}],"predecessor-version":[{"id":35989,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/35953\/revisions\/35989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/35957"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=35953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=35953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=35953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}