Adani Ports achieves record Cargo Volume in April 2023

Adani Ports and Special Economic Zone Ltd (APSEZ) marked a significant achievement by handling 32.3 million metric tonnes (MMT) of cargo in April 2023, reflecting a robust 12.8 percent year-on-year growth. This surge was driven by a 9 percent increase in dry cargo, notably in iron ore (64 percent), non-coking coal (22 percent), and coastal coal (67 percent). Container volumes also saw an impressive uptick of 13.6 percent. Karan Adani, CEO of APSEZ, attributed this growth to the company's strategic emphasis on operational efficiency. He also announced the successful berthing of the first ship at the Dhamra LNG Terminal.


Adani Ports, India's largest integrated transport utility, reported substantial sequential volume growth in ports including Krishnapatnam (5.2 MMT), Dhamra (3.3 MMT), Tuna (1.15 MMT), and the combined volumes of Katupalli and Ennore (1.7 MMT). Mundra Liquid Terminal achieved a milestone by handling its largest shipment of vegetable oil (soybean oil) at 61,841 metric tonnes, surpassing the previous record of 57,000 metric tonnes of palm oil. The investments in rail infrastructure at the ports played a pivotal role in enhancing Adani Port’s operational performance. Total rail container volumes witnessed a notable 22 percent YoY increase to 47,122 TEUs, while bulk cargo (GPWIS) volumes saw an impressive 40 percent YoY surge to 1.4 MMT in April.

Related Blogs
blog-logo

Share Market

blog-logo

12 mins read . 12 Jul 2024

Ritesh Agarwal: The OYO Founder’s Success Story

  • 0 people read
blog-logo

Share Market

blog-logo

15 mins read . 08 Jul 2024

Best Oil & Gas Stocks in India

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions