Adani Ports handles record cargo in just 99 days
PORTS & SHIPPING

Adani Ports handles record cargo in just 99 days

Adani Ports and Special Economic Zone (APSEZ), India's largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23.

APSEZ hit this record volume on July 8, 2022. The milestone is significant as it demonstrates the rapidly improving efficiency of APSEZ, which needed a year to achieve 100 MMT cargo volume in FY2014.

“In 2021, we stated our ambition to emerge as the world's largest private port company and India's largest integrated transport utility by 2030," said Karan Adani, CEO and Whole Time Director of APSEZ.

"When APSEZ's operations spanned five ports, it took 14 years for the company to achieve 100 MMT of annual cargo throughput. In the following five years and with operations across nine ports, APSEZ doubled cargo throughput to 200 MMT. We then achieved the milestone of 300 MMT in just three years. We are now poised to grow our cargo volumes by 60 per cent to 500 MMT by 2025 and emerge as the world's largest port operator by 2030."

The ability of APSEZ to handle 100 MMT cargo volume in less than one-third time when compared to the time taken in 2014 is driven by tech-based innovations to integrate conventional business processes with new age digital technologies. Other major factors that have catalysed APSEZ's cargo highpoints are improved efficiencies in fleet and fuel management, asset monitoring, mobility, operational intelligence and performance monitoring of the applications.

Adani Ports and Special Economic Zone (APSEZ), India's largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23. APSEZ hit this record volume on July 8, 2022. The milestone is significant as it demonstrates the rapidly improving efficiency of APSEZ, which needed a year to achieve 100 MMT cargo volume in FY2014. “In 2021, we stated our ambition to emerge as the world's largest private port company and India's largest integrated transport utility by 2030, said Karan Adani, CEO and Whole Time Director of APSEZ. When APSEZ's operations spanned five ports, it took 14 years for the company to achieve 100 MMT of annual cargo throughput. In the following five years and with operations across nine ports, APSEZ doubled cargo throughput to 200 MMT. We then achieved the milestone of 300 MMT in just three years. We are now poised to grow our cargo volumes by 60 per cent to 500 MMT by 2025 and emerge as the world's largest port operator by 2030. The ability of APSEZ to handle 100 MMT cargo volume in less than one-third time when compared to the time taken in 2014 is driven by tech-based innovations to integrate conventional business processes with new age digital technologies. Other major factors that have catalysed APSEZ's cargo highpoints are improved efficiencies in fleet and fuel management, asset monitoring, mobility, operational intelligence and performance monitoring of the applications.

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Next Story
Infrastructure Urban

Mphasis Partners with Sixfold to Revolutionize Insurance Underwriting with AI

Mphasis, a leading provider of cloud and cognitive technology solutions, today announced a strategic partnership with Sixfold, a US and UK-based artificial intelligence (AI) underwriting company, to enhance and streamline insurance underwriting processes. As a certified implementation partner, Mphasis will integrate Sixfold’s AI-powered platform to help insurers significantly accelerate submission intake, improve risk assessment accuracy, and reduce underwriting turnaround times. The solution, already in production at several leading carriers, is designed for Life & Disability, Comm..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?