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Adani Ports and Special Economic Zone (APSEZ) handled 32.3 million tonnes of cargo in April 2023, a year-on-year growth rate of 12.8%. This included an overall dry cargo volume increase of 9%, with particularly healthy increases in iron ore shipments, which were up by 64%, non-coking coal, which rose by 22%, and coastal coal shipments, which jumped by 67%. Container traffic also remained positive with a volume increase of 13.6%.
“Growth in cargo volumes across most of our ports reflects the fact that our strategy of improving operational efficiency is delivering results,” said Karan Adani, CEO, APSEZ. He also announced that the Dhamra LNG Terminal berthed its first ship and that natural gas has started flowing in the pipeline network connected to the terminal.
Four APSEZ ports recorded especially significant growth in monthly volumes. These include Krishnapatnam, with 5.2 million tonnes, up 22.6% year-on-year; Dhamra, with 3.3 million, up 36.8%; Tuna at 1.15 million tonnes, a rise of 57.6%; and Katupalli and Ennore combined, with 1.7 million tonnes, an increase of 13.3%.
According to Adani, investments in rail infrastructure at group ports have been one of the main catalysts for the improved operational performance. Recently Dahej Port was connected with overhead electric lines, thereby enabling it to handle rail wagons with electric locomotives from Indian Railways. Furthermore, with the commissioning of the Western Dedicated Freight Corridor (WDFC) line to Dadri in April this year, double-stack container train services from ICD Dadri to Mundra port will now become operational. Supported by the APSEZ ICD at Patli, this connection is expected to further boost volumes at Mundra port, as well as total rail volumes for Adani Logistics, which during April grew 22% year-on-year to 47,122 TEU.
