Vizhinjam receives first container ship,
Adani Ports & SEZ announced the arrival of the first mother ship at its Vizhinjam port. This is a milestone event marking India�s entry into the global transshipment and ushering in a new era in India�s maritime history, positioning Vizhinjam as a critical player in the international trade routes. This also marks the debut of India�s first automated port with state-of-the-art infrastructure and facilities, capable of handling large ships, with its modern container handling equipment and world-class automation and IT systems. San Fernando, the 300-meter-long container vessel operated by Maersk with a capacity of 8,000-9,000 TEUs (twenty-foot equivalent units), will be availing the services at the port to offload about 2,000 containers and for 400 container movements within the vessel.Powered by Capital Market - Live News
Adani Ports clocks cargo volume of 37 MMT in June`24,
Adani Ports & Special Economic Zone (APSEZ) announced that for Jun`24, the company clocked 37 MMT of cargo volume (+12% YoY), led by growth in Containers (+33% YoY) and Liquids & Gas (+8% YoY). Kattupalli Port handled its highest ever monthly cargo volume of 1.36 MMT. For the quarter ended 30 June 2024, APSEZ clocked 109 MMT of total cargo (+7.5% YoY). The growth in cargo was primarily driven by Containers (+18%) and Liquids & Gas (+11%). Within the logistics segment, quarterly rail volumes stood at 156,590 TEUs (+19% YoY) and GPWIS volumes were at 5.56 MMT (+28% YoY). Powered by Capital Market - Live News
Adani Ports announces change in CEO-Logistics,
Adani Ports & Special Economic Zone announced the cessation of Sushant Kumar Mishra as CEO-Logistics due to internal restructuring. The company has appointed Divij Taneja as CEO-Logistics. The change is effective from 25 June 2024. Powered by Capital Market - Live News
Adani Ports features in honour list of Institutional Investor Asia Pacific (ex-Japan) Executive Survey,
Adani Ports and Special Economic Zone has demonstrated its leadership on investors engagement by making it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey. In the transportation sector, APSEZ is the only Indian company to feature on the list, coming in at 2nd rank.A total of 1,669 companies from across Asia, broadly categorised across 18 sectors, were voted in by investors. With the top 2-4 companies in every sector making it to the honour list, the total count of companies on the list stands at 55. This includes only 4 from India, including APSEZ that scored 1st rank across four parameters - IR Program, ESG Program, IR team and IR Professionals - from the buy-side and sell-side combined. Also, the company`s board of directors received the 2nd rank and its CEO the top-rank from sell-side analysts.A total of 4,943 buy-side professionals, managing an estimated USD 2 trillion in Asia (ex-Japan) equities, and 951 sell-side analysts voted for the 1,669 companies. The investors rated the companies on several areas, including financial disclosure, services and communication, ESG and Board of Directors as well as attributes for CEOs, CFOs and the Best IR Professionals.Powered by Capital Market - Live News
Four ports operated by Adani Ports feature in World Bank`s Container Port Performance Index 2023,
Adani Ports and Special Economic Zone (APSEZ) has again demonstrated its excellence on the global stage with four of its ports featured in the prestigious Container Port Performance (CPP) Index 2023. While Mundra port was ranked 27, Kattupalli came in at number 57, Hazira at 68 and Krishnapatnam at 71. This recognition underscores APSEZ`s commitment to operational efficiency and world-class service standards. Developed by the World Bank and S&P Global Market Intelligence, the global Container Port Performance Index is a highly regarded benchmark that assesses the performance of ports on parameters such as productivity, efficiency and reliability. It serves as a reference point for key stakeholders, including national governments, port authorities, development agencies, supra-national organisations and private operators, of trade, logistics and supply chain services. Nine ports from India made it to the top 100 list, including four from the Adani portfolio. Powered by Capital Market - Live News
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