Freight News, Sea

Port of Montreal signs cooperation agreement with India’s Mundra Port

[ February 13, 2018   //   ]

The Montreal Port Authority (MPA) signed a Cooperation Agreement with Mundra
Port, Gujarat State, north of Mumbai while on a trade mission to India. The agreement aims to develop cooperation in marketing and business development while sharing information on marine operations and industry best practices.
Mundra Port is India’s largest commercial port. A diversified 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 and is by far the fastest growing segment. India alone accounts for 5%, yet was a virtually non-existent as a market just a few years ago. The Port of Montreal and Mundra Port both receive container ships, notably from such major 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.

The signing of the Cooperative Agreement was followed by a reception organized in honor of the Port of Montreal by the Port of Antwerp, Belgium, which also has a Cooperative Agreement with the MPA. The event brought together a hundred or so players in the transport industry. Among those present were: Christine St-Pierre, the Quebec Minister of International Relations and La Francophonie;  Jordan Reeves, Consul General of Canada, Mumbai; Dominic Marcotte, Consul and Director of the Quebec Government Office in Mumbai; Luc Arnouts, Antwerp Port Authority Director of International Relations; Capt. Sandeep Mehta, President of Adani Ports and Special Economic Zone, representatives of shipping lines providing services to Montreal, shippers, freight forwarders and representatives of the Association of Multimodal Transport Operators of India (AMTOI).
The Montreal Port Authority (MPA) was on a trade mission to India from Feb. 12 to 16. This mission, actively involving three members of the MPA and representatives of its railway partners CN and CP, has stops scheduled in Mundra and Mumbai. The mission’s objective is to increase the Port of Montreal’s visibility with the Indian marine transport logistics chain. The MPA also aims to strengthen its business and cooperative ties with Indian ports, specifically Mundra Port, with which it has reached a cooperative and mutual assistance agreement.
Trade between India and the Port of Montreal is growing. From 2016 to 2017, the volume of goods to and from India rose by 40%. Freight transport is provided by the international container shipping giants Maersk, Hapag-Lloyd, CMA CGM, OOCL and MSC, all longstanding partners of the Port of Montreal. A large part of this traffic transits through Mediterranean transshipment ports, mostly in Spain, Italy and Portugal.
The Port of Montreal delegation arrived in Mumbai then travelled to Mundra, where it signed a Cooperative Agreement with Mundra Port before returning to Mumbai. Many meetings are planned there with representatives of major international shipping lines, shipping agencies and other players in the shipping industry.


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