MSC
Coverage of MSC in the Nexus archive.
- Grand Bahama Bets $3.5bn on Becoming the Caribbean’s Trade Gateway
Grand Bahama has attracted over $3.5bn in investments and commitments since 2021, driven by a 91.2% surge in visitor arrivals and major cruise port projects by MSC and Carnival.
- Adani-MSC deal: State govt. cautious as APSEZ clarifies stance in second letter
The Adani-MSC port deal has raised questions about whether mortgage rights granted to AVPPL during the concession period will extend to MSC. APSEZ clarified that MSC will not hold a monopoly at the port, ensuring non-discriminatory access for all users.
- Shashi Tharoor recalls past security concerns amid Adani’s proposed MSC stake transfer in Vizhinjam port
Congress MP Shashi Tharoor highlighted past security concerns over Adani's proposed stake transfer in Vizhinjam port, noting the project failed to secure bidders multiple times under UPA and NDA governments due to fears of Chinese company involvement.
- Adani-MSC Vizhinjam port deal controversy | Explained
Adani Ports and Special Economic Zone Limited is selling its 49% stake in Adani Vizhinjam Port Private Limited to Switzerland-based MSC Group. The Kerala government has expressed displeasure over being kept uninformed about the transaction.
- Kerala govt begins examining Adani proposal to sell 49% stake in Vizhinjam port to MSC Group
The Kerala government is examining Adani's proposal to sell a 49% stake in Vizhinjam port to MSC Group. Chief Minister V.D. Satheesan criticized Adani Group for not communicating the decision to the state government, stating approval is mandatory for such a move.
- MSC-Adani Vizhinjam port deal: Kerala CM says State govt approval needed for share transfer
Kerala Chief Minister V.D. Satheesan stated that the state government's approval is required for the transfer of a 49% stake in Adani Vizhinjam Port Private Limited to MSC Group. Adani Ports has not yet obtained this approval, despite APSEZ's earlier announcement of the ₹13,220 crore deal.
- Switzerland’s MSC to acquire 49% stake in Adani’s Vizhinjam port in Kerala for ₹13,220 crore
Switzerland’s MSC is acquiring a 49% stake in Adani’s Vizhinjam port in Kerala for ₹13,220 crore. The deal is described as the largest foreign private investment in India’s domestic port infrastructure.
- Supreme Court rules against cruise lines over Cuba voyages
The Supreme Court ruled 8-1 against four major cruise lines (Carnival, MSC, Royal Caribbean, and Norwegian) in a case involving a $440 million judgment over the use of docks at the Port of Havana for voyages operated between 2016-2019. The decision reinstates a $400 million judgment against the cruise companies.
- South Africa’s rail network opens to 11 private firms
South Africa has granted 11 private companies permission to operate trains on its national rail network for the first time in over 100 years, aiming to boost mineral exports and relieve financial strain on state-owned Transnet. This regulatory shift allows private operators like MSC and Grindrol to use a slot system on the network to meet growing global demand for African raw materials. The move is intended to reverse years of infrastructure decline caused by corruption and mismanagement at Transnet.