On a trade mission to India, the Montreal Port Auth..."> On a trade mission to India, the Montreal Port Auth...">

Montreal and Mundra sign MOU

MPAOn a trade mission to India, the Montreal Port Authority (MPA) has signed a Cooperative Agreement with Mundra Port, Gujarat State, north of Mumbai. This agreement aims to develop cooperation in marketing and business development while sharing information on marine operations and industry best practices.

Mundra Port is one of India’s largest commercial port. It handles liquid and dry bulk and more than three million TEUs in annual container traffic. It is operated by Adani Ports and Special Economic Zone Limited (APSEZ).

Asia accounts for 25% of the Port of Montreal’s market which it claims is by far the fastest growing segment. India alone accounts for 5%, yet was virtually non-existent as a market just a few years ago. The Port of Montreal and Mundra Port both receive container ships, notably from international shipping lines as MSC and Hapag-Lloyd, CMA CGM, OOCL and Maersk. They ensure connections between ports on North America’s East Coast and Mundra through transshipment ports in the Mediterranean.

Mundra Port belongs to the Adani Group, a leading player in India’s transportation logistics industry.

Vice-President, Growth and Development at the MPA Tony Boemi: “Asia, and especially India, is an emerging market with enormous potential. It and the Port of Montreal are already solidly connected thanks to container services. This Cooperative Agreement with Mundra Port strengthens our presence in India and showcases the Port of Montreal’s advantages as a strategic gateway of choice for goods destined for the North American market.”

Operated by the Montreal Port Authority (MPA), the Port of Montreal is the second largest port in Canada and a that handles all types of goods: containerized and non-containerized cargo, liquid bulk and dry bulk. 

Image source: MPA

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