Adani’s Mundra Port continues to expand Indian container trade market share
AHMEDABAD : Competition between government/landlord ports and Adani Ports and Special Economic Zone (APSEZ) in India is heating up, with the latter making rapid inroads into the emerging market. Adani Group’s flagship Mundra Port
Adani Ports records 18% jump in cargo volumes in Jul’24
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) announced that in Jul’24, the company recorded 37.3 MMT of total cargo (+9.5% YoY). The growth in cargo was primarily driven by containers, which was
Adani Ports Q1 Results: Net profit jumps 47% to Rs 3,113 crore, revenue up 11%
AHMEDABAD : Adani Ports and Special Economic Zones on August 1 reported a 47 percent on-year rise in its consolidated net profit to Rs 3,113 crore for the April-June quarter of fiscal 2024-25 (Q1FY25), helped by
Adani Group mulls investment of $2 billion in Vietnam Port
AHMEDABAD : Adani Group is considering investment of more than $2b in Lien Chieu port, Vietnam’s coastal city of Danang, according to a posting on the Southeast Asian country’s govt website, citing co.’s Chairman
Adani Ports planning to invest $1.2 billion in new transshipment terminal
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. plans to ramp up its investment to Rs 10,000 crore ($1.2 billion) to boost its southern India transshipment container port, according to people with knowledge
Gautam Adani planning to build ships at Mundra Port in Gujarat
AHMEDABAD : The Adani Group is considering building ships at its flagship Mundra Port in the Kutch, Gujarat. This comes as other major ship building ports in China, Japan and South Korea are “booked
Adani Ports’ cargo volumes grow 12% in June
AHMEDABAD : Adani Ports and Special Economic Zone has reported a growth in its operational performance for June 2024 and the April-June quarter. The company has attributed this growth to an increase in containers and
APSEZ received approval of Rs 45,000-cr Mundra Port capacity expansion
AHMEDABAD : Adani Ports & Special Economic Zone (APSEZ) which plans to more than double the capacity at Mundra Port in Gujarat has received the environmental and Coastal Regulation Zone (CRZ) approval from the