Friday, June 27, 2025
Login / Register
Home Port News Adani Ports to acquire Indian port
Port News

Adani Ports to acquire Indian port

Adani Ports and Special Economic Zone (APSEZ) said on Friday (Jan 3, 2020) it would buy a 75% stake in Krishnapatnam Port Co Ltd (KPCL) for an enterprise value of 135.72 billion rupees ($1.89 billion).

The deal will take its domestic market share to 27% from 22% on a pan-India basis, the company said here in a filing to exchanges.

Read more on Reuters.





Container News Teamhttps://www.container-news.com
Previous articleAPL announces Lunar New Year void sailings
Next articleHapag-Lloyd to apply PSS to Middle East

RELATED ARTICLES

News

RSGT expands operations across four key Red Sea ports

Alexandros Itimoudis - 0
Red Sea Gateway Terminal (RSGT) and a subsidiary of the Sustainable Infrastructure Holding Company (SISCO), has announced a major strategic expansion into multi-purpose terminal...
Read more
News

Port of Los Angeles signs agreement to boost Central Valley export trade

Alexandros Itimoudis - 0
The Port of Los Angeles has entered into a landmark Memorandum of Agreement with the City of Shafter and The Wonderful Company, aimed at...
Read more
News

Port of Barcelona strengthens position as investment magnet with new agreements

Alexandros Itimoudis - 0
Port of Barcelona Management Board has approved four strategic initiatives to enhance competitiveness, expand logistics capacity, advance sustainability, and modernize facilities. At first, Terminal Investments...
Read more

Latest Posts

Shipping alliances carriers and MSC control over 80% of market

News Giannis Nikolakis - 0
As the container shipping industry continues its transformation, strategic cooperation among carriers remains a key force shaping global trade. According to updated Alphaliner data,...
Read more

Konecranes delivers crane package for BAE Systems’ in Scotland

News Alexandros Itimoudis - 0
Konecranes has completed a turnkey crane project for BAE Systems’ brand-new shipbuilding hall in Govan, Scotland. The installation, finished in June 2025, includes two electric...
Read more

Kalmar launches digital tool to streamline equipment inspections

News Alexandros Itimoudis - 0
Kalmar has introduced Inspector, a new digital application designed to streamline daily inspections of material handling equipment. Inspector enhances the efficiency of routine equipment checks...
Read more

Tariff fever fuels shipping surge, hangover looms

CN Premium Articles Alexandros Itimoudis - 0
Global merchandise trade is enjoying a sudden growth spurt, but shipping executives warn the boom could prove as short-lived as a sugar rush. As Bloomberg...
Read more

Matson raises quarterly dividend

News Alexandros Itimoudis - 0
Matson has announced an increase to its quarterly dividend, with the Board of Directors declaring a third-quarter dividend of US$0.36 per common share. This represents...
Read more

 

Container News Mobile App on Android Google Play   Container News Mobile App on iOS App Store

Contact us: info@container-news.com

Sign up to our free daily newsletter

 

© Copyright Container News 2021, All Rights Reserved. Reproduction in whole or in part without permission is prohibited. Privacy Policy • Usage Terms

Powered by Digital Dream

error: Content is protected !!