Adani Ports and Special Economic Zone, India’s largest port infrastructure developer, recorded a big jump in its net earnings in the third fiscal quarter on the back of continued capacity expansion.
11 Feb 2016
Kamarajar Port Limited, which runs the port at Ennore in the state of Tamil Nadu on India’s eastern coast, is investing close to $1.2 billion in five projects that will add its first container terminal and nearly double capacity over the coming three years.
31 Dec 2015
Adani Ports’ aggressive efforts to woo more ship calls at its newly-acquired Kattupalli Port on India’s east coast appear to be bearing fruit.
29 Dec 2015
Adani Ports and Special Economic Zone on Monday named Karan Adani, its current executive director, to the position of chief executive officer, as India’s biggest port operator sets forth an ambitious growth plan amid sluggish global demand.
28 Dec 2015
Adani Ports and Special Economic Zone last week received the first batch of new marine equipment that India’s biggest port operator plans to install at its under-construction Adani CMA Mundra Terminal, a joint venture with France shipping giant CMA CGM.
07 Dec 2015
Construction on India’s much-awaited Vizhinjam International Container Transshipment Terminal project began at the weekend with a ground-breaking ceremony attended by Shipping Minister Nitin Gadkari, Kerala State Chief Minister Oommen Chandy and port developer Adani Group Chairman Gautam Adani.
10 Nov 2015
Adani Ports and Special Economic Zone, the biggest India port operator, reached an agreement to acquire Kattupalli Port, a minor port complex built by domestic engineering group Larsen & Toubro Ltd.
04 Nov 2015
India’s biggest port operator, Adani Ports and Special Economic Zone, whose second-quarter earnings took a hit due to slowing volume growth at its flagship Mundra Port, has a reason to cheer.
02 Nov 2015
Adani Ports and Special Economic Zone increased its net income and revenue in the second fiscal quarter, but it did so at a slower rate than last year as India’s biggest non-government port operator struggled to maintain its growth momentum amid a global shipping slowdown.
21 Oct 2015
Kattupalli International Container Terminal’s prolonged and difficult push to woo more ship calls received some support last week when Taiwanese carrier Wan Hai Lines made its maiden call at the private, minor facility on India’s east coast.
20 Oct 2015
Adani Ports hopes to replicate the success of its flagship Mundra Port, India’s biggest non-government cargo gateway, at its new container terminal project at Vizhinjam, a deep-water, green-field site that is designed to counter the growing dominance of Sri Lanka’s Colombo Port for Indian transshipment cargo.
13 Oct 2015
Privately-operated Mundra Port recorded double-digit container throughput growth in the first fiscal half, driven in part by diversions from Jawaharlal Nehru Port disruptions and congestion that dragged down volumes at India’s largest public container handler during the same period.