Gopalpur Port on the Horizon: Adani’s Ongoing Maritime Expansion Adani Ports and Special Economic Zone (APSEZ), India’s largest private port operator, is reportedly in the initial stages of discussions to acquire Gopalpur port in Odisha from the real-estate conglomerate Shapoorji Pallonji Group (SP Group). According to The Economic Times, the [...]
India’s Largest Port Achieves Landmark: Mundra Port’s Record-Breaking 16.1 MMT Milestone In October, Mundra Port, the leading port under APSEZ, achieved a remarkable milestone by handling a record-breaking 16.1 million metric tons (MMT) of cargo, marking the highest volume ever recorded by any port in India. This achievement solidified Mundra [...]
Adani Dhamra Port’s Remarkable Milestone in Cargo Handling Adani Dhamra Port has recently achieved a remarkable milestone in cargo handling, breaking its own records in the process. In the span of just one month, the port managed to surpass its previous achievements and set a new benchmark. On October 27th, [...]
In exciting news, Kerala’s Minister for Ports, Ahamed Devarkovil, recently announced that the first ship carrying cranes from China is set to arrive at Vizhinjam Port on October 4. This development has generated significant buzz in the shipping industry. To mark this milestone, a special event at the Adani-operated Vizhinjam [...]
In August, Adani Ports and Special Economic Zone (APSEZ), the biggest commercial port operator in India, experienced a remarkable increase in the amount of cargo it handled. This impressive 17% rise in cargo activities is a significant achievement not only for the company itself but also for the broader maritime [...]
The auditor of billionaire Gautam Adani’s ports business is planning to resign, people familiar with the matter said, a move that may heighten concerns about accounting quality at the Indian conglomerate targeted by short seller Hindenburg Research. Deloitte Haskins & Sells LLP has communicated to Adani Ports & Special Economic [...]
Adani Ports & Special Economic Zone Ltd. has resumed operations at its Mundra port in Gujarat after a cyclonic storm named Biparjoy passed through the region. The port had halted work for several days due to the storm. Karan Adani, the CEO of Adani Ports, mentioned in a tweet that [...]
Adani Ports and Special Economic Port Ltd (APSEZ) has begun work on expanding the container handling capacity of Mundra port – India’s biggest commercial and container port – with an investment of some Rs1,239 crore as the port company controlled by billionaire Gautam Adani plays ‘catch-up’ with State-run Jawaharlal Nehru Port Authority (JNPA) located near Mumbai, [...]
