Adani further expands India East Coast ports presence

Capt. John

Adani Ports and Special Economic Zone (APSEZ) has entered an agreement to acquire a 56% stake in the SP Group and 39% of Orissa Stevedores Limited (OSL) in Gopalpur Port. Located on the East Coast, Gopalpur has an annual cargo throughput capacity of 20 tonnes and has a particularly important role in handling dry bulk cargo flows, including iron ore, coal, limestone, ilmenite and alumina.

According to a statement from Adani Ports, “This acquisition will drive synergy with our existing ports and...

https://www.themaritimestandard.com/adani-further-expands-india-east-coast-ports-presence/

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