Adani
Adani's Mundra port logs highest-ever cargo volume in October
New Delhi/UNI: Adani group's Mundra Port handled 16.1 million metric tonne (MMT) of cargo in October, 2023 recording the highest-ever volume by any port in India, Adani Ports and Special Economic Zone Ltd (APSEZ) said in a statement on Sunday.
The cargo volume growth was 27% year-on-year during this period.
"It (Mundra) is the largest port in the country with 102 MMT of cargo handled on a year to date (YTD) basis, a good 9% Y-o-Y growth," the company said.
Mundra witnessed double-digit growth on a Y-o-Y basis for containers (+10%) and liquids and gas (+14%).
It achieved another milestone of handling 4.2 million TEUs of containers in just 203 days, a feat achieved in 225 days in the previous financial year. It added new cargo types such as Hydrolysis Pi Gas (HPG) to its portfolio.
On YTD basis, it docked over 2,480 ships and serviced over 11,500 rakes.
"Due to its strategic location, Mundra offers some of the best facilities. Given its capability to maintain deep draft, it is well-equipped to handle large vessels," APSEZ said.
Given the cargo volume growth rate, Mundra Port is targeting 200 MMT cargo in FY25.
Billionaire Gautam Adani-controlled APSEZ is India’s largest private port developer and operator with six strategically located ports and terminals on the west coast and five ports and terminals on the east coast.
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