21.3 C
Monday, June 5, 2023
Evergreen Line
Evergreen Line
Evergreen Line
Home Port News Adani Ports bars containers from Iran, Afghanistan and Pakistan

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 specific reason has been cited for the recent action, it is believed that this signified the company drawing a line in response to the seizure of heroin worth US$2.65 billion from two containers at the Western port of Mundra, with the investigation revealing that the drugs originated in Afghanistan and had been dispatched from the Bandar Abbas Port in Iran.

Defending themselves after the seizure, the group issued a statement emphasising the restrictions on terminal operators to examine containers and their content.

The recent travel advisory has brought along growing concerns over the impact on supply chain and trade routes. The supply of agricultural imports like dry fruits, cereals along with chemicals, mineral fuels and aluminium is expected to be hit the worst.

With Mundra port, the largest commercial port of India closed to imports worth more than US$260 million, traders expect the cargo to be diverted to JNPT at Nhava Sheva which might result in a spike of more than 20% in export costs.

Ankur Kundu

Latest Posts

Container Shipping Guide

International ocean freight shipping is one of the most preferred ways to securely ship your goods. However, you need to consider several things -...

Port of Felixstowe and Westwell sign agreenment for 100 autonomous trucks

UK's Port of Felixstowe and Shanghai Westwell Technology Co., Ltd (Westwell) have signed an agreement for an additional 100 battery-powered autonomous Q-Trucks.The order follows...

AD Ports inks 25-year agreement with Crystal Offshore

AD Ports Group has signed a 25-year agreement with Singapore-based Crystal Offshore, a provider of one-stop logistics solutions for the marine and offshore industry.More...

COSCO signs methanol fuel supply system deal for four boxships

COSCO SHIPPING Heavy Industry Technology (Weihai) inked an order agreement for methanol fuel supply system for four 16,000 TEU container ships with COSCO SHIPPING...

PSA BDP opens new EV battery warehouse in France

PSA BDP, a provider of globally integrated and port-centric supply chain, transportation, and logistics solutions, announced the inauguration of its new Electric Vehicle (EV)...