How Adani Ports unlocked growth potential of India’s seaports after acquisitions
NEW DELHI : India’s largest private port operator, Adani Ports and Special Economic Zone Ltd (APSEZ), announced earlier this month that it handled a record 420 MMT (million metric tonne) cargo in FY24 (including
APSEZ advances Vizhinjam Port expansion to resolve Kerala dispute
THIRUVANANTHPURAM : APSEZ has agreed to advance the capacity expansion of Vizhinjam Port to 2028, much earlier than the initial timeline, to settle arbitration with the Kerala government. The port will handle three million
Adani Ports takes 95% stake in Gopalpur Ports for enterprise value of ₹3,080 crore
AHMEDABAD : Adani Ports & Special Economic Zone Ltd., the largest port operator in India, has entered into definitive agreements to acquire 95% stake in Gopalpur Ports Ltd. from its existing shareholders for a
Adani Ports set to surpass revised cargo volume guidance of 400 MMT for FY24
AHMEDABAD : Adani Ports in focus : Adani Ports and Special Economic Zone (APSEZ) has shown robustperformance in the first 11 months of financial year 2024 (FY24), achieving a cargo volume of 382 million
Adani Ports cargo volumes grow 33% in February, on track to surpass 400 MMT mark in FY24
AHMEDABAD : Adani Ports & Special Economic Zone Ltd., India’s largest ports operator handled 35.4 MMT of total cargo in February, the company said in an exchange filing. The figure is a 33% jump
Adani Group in final legs to acquire Shapoorji Gopalpur Port
CUTTACK : SP Port Maintenance, a Shapoorji entity owns the business group’s holding in Gopalpur Port. SP Port Maintenance is a fully owned subsidiary of SP Imperial Star. The remaining shares are owned by
Adani Ports secures top position for its climate actions and environmental performance
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) has secured the top position for its climate actions and environmental performance in assessments done by four global rating agencies.According to a press release by Adani, the CDP assigned leadership band “A-”
Adani Port’s logistics to boost cargo growth in the next 3-4 years
AHMEDABAD : Adani Ports and Special Economic Zone’s logistics business is expected to catch up with the ports business and drive cargo growth over the next 3-4 years as the company is doubling down on