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Board of APSEZ to meet on Aug 1

Board of APSEZ to meet on Aug 1

On August 01, 2013, the Board of Directors of Adani Ports and Special Economic Zone would meet to consider and adopt Unaudited Financial Results for the quarter ended June 30, 2013. Adani Ports & Special Economic Zone (APSEZ) is a part of IndiaÂ’s leading infrastructure conglomerate the Adani Group

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APSEZ plans to set up shipbreaking yard at Mundra

APSEZ plans to set up shipbreaking yard at Mundra

Within the special economic zone (SEZ) limit of Mundra Port, Adani Ports and Special Economic Zone (APSEZ) proposes to set up a ship-breaking yard in about 40 hectare land. The Adani Group firm reportedly plans to set up the yard close to a boundary of the existing Mundra West Port in the next one or two years with an initial target of dismantling and recycling 40 ships every year

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Mundra port handles largest container ship

Mundra port handles largest container ship

Adani Ports and Special Economic Zone (Adani Ports) said its Mundra Port handled the largest container vessel up to now with nominal capacity of 14,036 TEUs, the first of its kind to call at any Indian port, thereby making history in the Indian maritime sector.

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Large container ship calls at Mundra Port

Large container ship calls at Mundra Port

The ultra-large container ship MSC Valeria, having a capacity of 14,000 twenty feet equivalent unit (TEUs), recently called at the new container terminal of the Mundra port. TEUs, or twenty feet equivalents, are the standard units for quantifying cargoes at the container ships. The ship has an overall length of 365.5 metre (1,199.2 feet) and Mundra port is said to be the first in the country to handl

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Mundra port set to handle more cargo than Kandla port

Mundra port set to handle more cargo than Kandla port

Mundra port in Gulf of Kutch (Gujarat), which is operated by Adani Port and Special Economic Zone (APSEZ), handled 21 percent more cargo at 82 mn t during 2012-13 compared to the previous year. The port is expected to surpass the cargo volume of Kandla Port, which is also based in Gujarat, by next year. In 2012-13, Kandla Port handled over 89 mn

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Mundra port attains 2nd rank in container volume

Mundra port attains 2nd rank in container volume

Gujarat-based Mundra port overtook Chennai port to become the countryÂ’s second biggest container gateway in 2012-13. The Gautam Adani-operated Mundra port loaded 1.57 million standard containers in fiscal 2013. The number one spot in this cargo category has been held for a long time by union government-controlled Jawa

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Cargo handling at Mundra rises over 20%

Cargo handling at Mundra rises over 20%

The cargo handling at Mundra Port is rising over 20 percent per annum and the port is set to exceed the cargo volume of Kandla Port, reports suggest. Mundra Port, which first began operations as a captive jetty in the Gulf of Kutch in 1994, handled 59 million tonne per annum (mn tpa) of cargo during Apr-Dec

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Cargo handling at Mundra rises over 20%

Cargo handling at Mundra rises over 20%

The cargo handling at Mundra Port is rising over 20 percent per annum and the port is set to exceed the cargo volume of Kandla Port, reports suggest. Mundra Port, which first began operations as a captive jetty in the Gulf of Kutch in 1994, handled 59 million tonne per annum (mn tpa) of cargo during Apr-Dec

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Mundra Port may witness cargo volume growth

Mundra Port may witness cargo volume growth

Analysts feel that Mundra Port, which is operated by Adani Port and Special Economic Zone (APSEZ), may continue to witness growth in cargo volumes owing to better connectivity to power projects on the west coast. According to one research report, capacity constraints at India's major ports have led to a flat gro

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Ministry to exempt new projects from TAMP norms

Ministry to exempt new projects from TAMP norms

Shipping ministry decided to exempt the regulation of the fixation of tariffs by the Tamp (Tariff Authority for Major Ports) for new port projects. However, the decision to abolish the tariff setting regulator's oversight is "in principle", the ministry said. The move would enable private players to take deci