Adani Ports and Special Economic Zone (APSEZ)

Adani Ports launches operations at Colombo West International Terminal

Adani Ports and Special Economic Zone (APSEZ) has initiated operations at the Colombo West International Terminal (CWIT), located at the Port of Colombo in Sri Lanka.

The terminal is operated by a consortium of India’s major port operator APSEZ, Sri Lanka’s John Keells Holdings and the Sri Lanka Ports Authority, based on a 35-year contract as stated in a recent exchange filing.

The terminal, representing an investment of US$800 million, features a 1,400-meter quay and a depth of 20 meters, which...

https://container-news.com/adani-ports-launches-operations-at-colombo-west-international-terminal/

Adani’s Mundra Port continues to expand Indian container trade market share

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 boosted its market share of Indian containerised trade to 34% last fiscal year (2023-24), from 31% year-over-year, according to exclusive data obtained by Container News. Mundra competes with Nhava Sheva Port for north-western cargo, which makes up the bulk of Indian box volumes.

To...

https://container-news.com/adanis-mundra-port-continues-to-expand-indian-container-trade-market-share/

Adani Ports undercuts Colombo to boost hub prospects for Vizhinjam Port

High port tariffs that have long proved to be a deterrent for container lines to open more direct calls on the Indian coast are becoming more competitive or cheaper.

Buoyed by the initial carrier interest in making trial calls, Adani Ports and Special Economic Zone (APSEZ) has announced significantly attractive service rates at its new Vizhinjam Port.

Vizhinjam, a green-field site located about 10 miles southwest of Trivandrum in southern India, began commercial vessel calls on a trial basis with...

https://container-news.com/adani-ports-undercuts-colombo-to-boost-hub-prospects-for-vizhinjam-port/

Adani Ports secures 30-year concession deal with Tanzania Ports Authority

Adani International Ports Holdings (AIPH), a fully owned subsidiary of Adani Ports and Special Economic Zone (APSEZ), has inked a 30-year concession deal with Tanzania Ports Authority to operate and manage Container Terminal 2 at Dar es Salaam Port in Tanzania.

Dar es Salaam Port is a gateway port with a well-developed network of roadways and railways.

CT2, with four berths, has an annual cargo handling capacity of 1 million TEUs and is expected to handle 0.82 million TEUs of containers in 2023,...

https://container-news.com/adani-ports-secures-30-year-concession-deal-with-tanzania-ports-authority/

Adani Ports bars containers from Iran, Afghanistan and Pakistan

India’s largest port operator, Adani Ports and Special Economic Zone (APSEZ) will no longer handle any kind of containerised cargo from Afghanistan, Iran, and Pakistan. The strategic shift follows the massive drug haul at Mundra port in India.

The trade advisory effective from 15 November read, “Adani Ports and SEZ will not handle EXIM containerised cargo originating from Iran, Pakistan, and Afghanistan at all its terminals.” It will also apply to third-party terminals at ports.

Even though no...

https://container-news.com/adani-ports-bars-containers-from-iran-afghanistan-and-pakistan-after-us2-65-billion-heroin-seizure/

Adani to buy 70% stake in Krishnapatnam Port

The deal will help APSEZ expedite the vision of handling 400 mt of cargo by 2025

Gautam Adani is looking to expand his ports empire by closing in on buying a 65-70 per cent stake in Krishnapatnam Port Company Ltd, the entity promoted by Hyderabad-based CVR Group to run a private deep-water port at Krishnapatnam in Andhra Pradesh’s Nellore district.

Adani Ports and Special Economic Zone (APSEZ), India’s biggest private port operator, is expected to pay more than ₹5,500 crore to buy the stake which...

https://container-news.com/adani-stake-krishnapatnam-port/