Adani Ports handles 37.9 MMT of cargo volumes in Oct 24

In October 2024, Adani Ports and Special Economic Zone (APSEZ) saw a steady increase in its cargo handling. The company managed a total of 37.9 million metric tons (MMT) of cargo, marking a 2.43% rise from October 2023, when it handled 37 MMT. This growth highlights Adani Ports’ continuing success in managing large volumes of goods at its facilities.

For the year-to-date (YTD) period, APSEZ has handled 257.7 MMT of cargo, which is 8% higher than the same period last year. This increase was mainly driven by container shipments, which went up by 19%, followed by liquid and gas shipments, rising by 9% compared to last year. These areas of growth show the importance of APSEZ in handling a variety of goods, from large containers to essential resources like liquid and gas.

The rail logistics volumes at APSEZ also showed positive growth. By October 2024, the rail volumes grew by 11% year-over-year to reach 0.36 million TEUs (twenty-foot equivalent units). This increase in rail activity highlights the efficiency of APSEZ’s transport services, allowing for quicker and more reliable movement of goods. Additionally, the GPWIS volumes—referring to goods moved through specific logistics networks—increased by 18%, reaching 12.5 MMT.

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APSEZ operates in port infrastructure development and management, focusing on port services and related infrastructure at its facilities. The company also oversees a multi-product Special Economic Zone (SEZ) next to its Mundra port in Gujarat. The SEZ supports different industries, making it a key area for economic growth and trade.

Adani Ports’ efforts reflect the company’s commitment to developing India’s port and transport sectors, ensuring efficient services for local and international trade.