On the eve of the opening of the first phase of its new Vizhinjam box port, fast-growing Indian container terminal operator Adani is lining up a further $1.2bn investment to develop the second phase of the port, according to Bloomberg.
Vizhinjam was built as a transhipment alternative to the nearby Sri Lankan hub of Colombo, which has been subject to severe congestion since the onset of the Red Sea crisis, and …
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