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
Infrastructure Transport

RVNL wins North Eastern Railway bridge project worth Rs 1.66 billion

Rail Vikas Nigam Limited (RVNL) announced on 27 October that it has emerged as the lowest bidder (L1) for a significant infrastructure project awarded by the North Eastern Railway, as part of its routine business operations. The project involves the construction of the substructure for Important Bridge No. 50, which will comprise 14 spans of 61 metres each. It will feature a Double D-type well foundation designed for a double line and adhere to the RDSO 25T axle loading standard. The bridge will be built over the river Gandak, situated between Paniyahwa and Valmikinagar stations, as part of ..

Next Story
Infrastructure Transport

Northern Railways plans direct Kashmir link with India

Following the successful launch of twin Vande Bharat trains on the Srinagar–Katra route, marking the completion of the Udhampur–Srinagar–Baramulla rail link in June, Northern Railways is now working towards providing direct rail connectivity between Kashmir and the rest of the country, an official has confirmed. Senior Divisional Commercial Manager of the Jammu Division, Uchit Singhal, said that efforts are underway to resolve operational and security challenges to achieve this milestone for Jammu and Kashmir. Speaking to PTI after introducing a two-minute stoppage for the semi-high-sp..

Next Story
Infrastructure Transport

Railway Board approves new station at Nedumbassery airport

The Railway Board has approved the construction of a new railway station at Nedumbassery, fulfilling a long-standing demand from air passengers using the Cochin International Airport. Union Minister George Kurian’s office announced on Wednesday that the decision marks a major step towards enhancing rail connectivity to the airport, which serves as one of southern India’s key transport hubs. According to the statement, Kurian had earlier met Railway Minister Ashwini Vaishnaw, who assured him that the project would be expedited. The plan gathered momentum following Vaishnaw’s visit last ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?