Evergreen Marine inks MoU valued at Rs 10,000 cr. for the development of Vadhvan Port
Nov 4, 2025
Evergreen Marine, one of the world’s leading container shipping lines, has signed a Memorandum of Understanding (MoU) with Jawaharlal Nehru Port Authority (JNPA) regarding ‘Intent to participate in the development of terminals at Vadhvan Port Project’, the proposed mega gateway set to come up north of JNPA in the Palghar district of Maharashtra.
The MoU was inked and the documents exchanged at the recent India Maritime Week 2025 - in the august presence of Mr Shantanu Thakur, Union Minister of State for Ports, Shipping and Waterways and Mr U. Aung Kyaw Tun, Transport and Communications Deputy Minister of Myanmar - between Mr Jack Wu, President of Evergreen India, and Mr Unmesh Sharad Wagh, IRS, Deputy Chairman, JNPA and CMD, Vadhvan Port Project Ltd (VPPL).
The deal, valued at an astounding Rs 10,000 crore, will enhance operations and connectivity at the new port.
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