New exclusive data
collected by Container News points to a rebound in box volumes moving via
Mundra Port, India’s busiest cargo hub, in November.
According to the latest
figures, the four Adani Group-controlled Mundra terminals together handled
438,453 TEUs last month, versus 431,334 TEUs during October.
harbour also includes a DP World concession, named Mundra International
Container Terminal (MICT), which handled 90,781 TEUs in November, versus 92,908
TEUs in the prior month. That takes Mundra’s November combined throughput to
529,234 TEUs, up from 524,242 TEUs in October, according to CN data.
trend-up, albeit modest, at Adani’s flagship port is noteworthy, given the
current demand pressure.
Container volumes across the
Adani port network in India (APSEZ) also edged up last month. The group saw
693,624 TEUs, out of six box-handling locations, up 2.5% from October figures,
CN data shows.
In addition to
Mundra, APSEZ has container terminals at Kattupalli, Ennore, Krishnapatnam,
Hazira and Gangavaram.
APSEZ has also
signed a concession agreement for berth mechanisation at Haldia Port, near
Kolkata, taking its Indian footprint to 13 locations.
It is also gearing
up for a new harbour at Tajpur in West Bengal, a greenfield site expected to be
in five years.
APSEZ has also
been actively pursuing investments in global markets. The company recently
signed a US$1.2 billion deal to secure concession rights for the Haifa port,
Israel’s second-busiest gateway.
group has an ongoing terminal development at Sri Lanka’s Colombo Port.
The West Container Terminal (WCT) is targeted for completion in 2025 under a
two-phased development, able to provide an annual capacity of 3.5 million TEUs
when fully operational.
“APSEZ remains committed to
its philosophy of ensuring sustainable growth in partnership with our key
stakeholders,” APSEZ CEO Karan Adani said in a recent statement.