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2 clusters · 5 sources · 1 days · First seen · Last updated

VOC Port terminal development and management

Overview

Developments at the VO Chidambaranar (VOC) Port in Tamil Nadu involve both the expansion of terminal capacity and the resolution of ownership structures.

In one project, several major companies including DP World, JSW Infrastructure, Essar Ports, and Vedanta Group have submitted bids to develop a new container terminal at Berth No. 7 under a public-private partnership model. This expansion, estimated at ₹517.19 crore, aims to support projected increases in container traffic through 2030.

Simultaneously, Mediterranean Shipping Company (MSC) has secured Union government clearance to take full ownership and management of the Dakshin Bharat Gateway Terminal (DBGT) at the port. This follows a three-year delay related to MSC’s acquisition of Bolloré Africa Logistics. The approval also concludes a legal dispute regarding revenue-sharing, with MSC withdrawing its request to reduce its share and maintaining its original commitment.

Entities

Yuvraj Narayan · Vedanta Group · VO Chidambaranar Port · DP World · India Ports and Logistics Ltd

Timeline

  1. 19 days ago

    [BUSINESS] 2 sources
    MSC gains control of VOC Port’s DBGT terminal in India

    MSC has secured government clearance to take full control of the Dakshin Bharat Gateway Terminal at Tamil Nadu’s VOC Port, ending a three-year delay and resolving a revenue-sharing dispute.

  2. 19 days ago

    [BUSINESS] 4 sources
    DP World and JSW Infra among bidders for new VOC Port terminal

    Companies including DP World and JSW Infra are bidding for a new container terminal at India's VOC Port, amid concerns regarding low terminal utilization and poor hinterland connectivity.

Sources

africaports.co.za · indiaseatradenews.com · indiashippingnews.com · logisticsinsider.in · maritimegateway.com