The BMCT Phase 2 project is reportedly in discussions over a potential partnership. World leader in global shipping, the Mediterranean Shipping Company (MSC) and Singapore’s PSA International have both expressed interest in jointly developing the Bharat Mumbai Container Terminal (BMCT). Its location is in Mumbai, at the Jawaharlal Nehru Port (JN Port).
According to reports, the collaboration could offer MSC, exclusive use to the terminal. Moroever, the company, headquartered in Geneva could also potentially gain the opportunity to acquire a minority stake in BMCT.
The development’s first phase officially began operations in 2018. It includes a quay length of 1,000 meters, alongside the deepest berths at Nhava Sheva. Furthermore, it can handle super post-Panamax vessels. By April 2025, the project’s targets to have complete its second phase development. Thereafter, the terminal will boast a berth length of 2,000 meters. Alongside a handling capacity of about 4.8 million TEUs in a year.
The BMCT Phase 2 Project Benefits To MSC & PSA
Quite impressively, BMCT Phase 2’s potential partnership with MSC will serve various advantages to the development. For starters, it will help the terminal garner the 50,000, to 60,000 TEUs a month, that the carrier ships, on 9 weekly services, through JN ports. A shipping industry source noted that a major chunk of the volumes are currently shipped by MSC through Dubai’s DP World Ltd terminals. However, the source noted that if the partnership materializes with PSA, the volumes will be diverted to its dedicated facility in BMCT.
As it stands, BMCT currently hosts 13 long-haul weekly sailings, boasting immense overall growth among terminal operators. While commenting on plans for its second phase, PSA Mumbai said that the network expansion will offer better transit experiences. Moreover, the official noted that it will offer more faster and direct transit time, from India as well as the far east.