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Home Port News Adani Ports records annual container growth

Adani Ports records annual container growth

Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 5% increase in its container volumes from April 2022 until March 2023 with 8.6 million TEUs moved through its box terminals. Port of Mundra continues to be the largest and busiest container port in India, handling 6.6 million TEUS in the mentioned period.

"The engagement with container lines and the resolve to deliver on commitments has led to more new services at APSEZ terminals, raising volumes," noted APSEZ in a statement.

Karan Adani, CEO and whole time director of APSEZ, commented, “The APSEZ’s flagship port, Mundra, is outpacing all its closest rivals and continues to be the largest port in the nation in terms of volumes handled. Mundra’s infrastructure meets world standards and provides service levels on par with those of its global competitors, making it India’s gateway for container goods.”

Meanwhile, APSEZ handled 32 million metric tones (MMT) of total cargo in March, implying year-on-year growth of 9.5%. For the first time since July 2022, the volumes crossed the 30-MMT mark. With 339 MMT in the fiscal year 2023 (April 2022 - March 2023), APSEZ recorded its largest port cargo volumes ever, which represents a 9% year-on-year growth.

This financial year witnessed APSEZ setting some new milestones on the count of ships docked (6,573), rakes serviced (40,482), and the trucks, trailers and tankers handled (48,89,941). Additionally, Adani Ports serviced 3,068 unique customers across its different business units.

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