Tag: AdaniPorts

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Adani sells 49% Vizhinjam port stake to MSC

Kerala’s Vizhinjam International Seaport is set to get a major global partner, with Adani Ports and Special Economic Zone (APSEZ) agreeing to sell a 49% stake in the project to Terminal Investment Limited (TiL), the port-operating arm of MSC Mediterranean Shipping Company. Valued at around $1.4 billion (about ₹12,000 crore), the deal is expected to accelerate the port’s growth as a global transshipment hub while bringing one of the world’s largest shipping companies into the project.

Adani Ports will continue to hold a 51% stake, retaining management control of the strategically important deep-water port. The partnership is expected to strengthen Vizhinjam’s role in global shipping while attracting fresh investment for its next phase of development.

Located close to one of the world’s busiest east-west shipping routes, Vizhinjam is India’s first deep-water transshipment port. Its natural depth allows some of the world’s largest container vessels to dock without extensive dredging, making it a strategically important asset for the country’s maritime sector.

The collaboration combines Adani Ports’ infrastructure expertise with MSC’s vast global shipping network. The companies expect the partnership to increase container traffic, improve operational efficiency and attract more international shipping services to the Kerala port.

The fresh investment will support the expansion of terminals, cargo-handling facilities and supporting infrastructure. Industry experts believe this will help India reduce its dependence on foreign ports such as Colombo, Singapore and Dubai for transshipment services while strengthening the country’s logistics network.

The deal is also expected to benefit Kerala by creating jobs, boosting trade and increasing economic activity around the port. As cargo volumes grow, Vizhinjam is likely to emerge as a key gateway for international maritime trade in the region.

The transaction will take effect after receiving the necessary regulatory approvals. Industry observers believe the partnership will not only strengthen Vizhinjam’s position on global shipping routes but also enhance India’s maritime infrastructure, helping the country handle a larger share of international container traffic through its own ports.

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Adani Ports to buy Jaypee fertilizers for ₹1,500 cr

Adani Ports and SEZ is set to acquire Jaypee Fertilizers and Industries for about ₹1,500 crore through the insolvency resolution process, according to reports. The acquisition is part of ongoing efforts to resolve stressed assets under India’s bankruptcy framework.

The deal involves taking over the fertilizer assets of the Jaypee Group, which have been under insolvency proceedings due to financial stress. The transaction has been approved through the formal bidding and resolution mechanism under the Insolvency and Bankruptcy Code.

The acquisition is expected to strengthen Adani Ports’ diversification into industrial and logistics-linked businesses beyond its core port operations. The group has been steadily expanding its presence across infrastructure, energy, and manufacturing sectors through strategic acquisitions.

Jaypee Fertilizers operates facilities that are important for chemical and fertilizer production, which are closely linked to agricultural supply chains. The acquisition could help improve operational efficiency and bring in stronger financial backing for the assets.

Industry observers say the deal reflects the continued consolidation of stressed assets in India, with large conglomerates stepping in to acquire and restructure struggling companies. The insolvency framework has enabled faster resolution of such assets, helping revive operations and protect value.

For Adani Ports, the move is seen as part of a broader strategy to build an integrated infrastructure and industrial ecosystem. The group has been actively acquiring assets that complement its logistics, energy, and manufacturing ambitions.

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Adani Ports partners Oceaneering for Europe expansion

Adani Ports has partnered with US-based Oceaneering International to expand its offshore and subsea operations in Europe. The collaboration will be led through Adani’s marine arm, Astro Offshore, as the company strengthens its global presence beyond traditional port operations.

As part of the expansion, Adani Ports has added its first ultra-deepwater vessel, which will support offshore energy and underwater infrastructure projects. The company plans major investments in its marine business over the coming years.

The partnership is expected to help Adani Ports strengthen its position in the global offshore services market and support its long-term plans to build a larger international marine and logistics network.

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Adani Ports ties up with Marseille Fos for IMEC corridor

Adani Ports and Special Economic Zone Ltd has signed an MoU with Port of Marseille Fos to strengthen cargo connectivity between India and Europe and support the India–Middle East–Europe Economic Corridor (IMEC).

The partnership links India’s largest private port operator with France’s biggest maritime gateway and is aimed at creating faster, more reliable supply chains for bilateral and global trade. By improving port-to-port coordination, the two sides plan to reduce transit time and enhance cargo movement for Indian exporters entering European markets.

The agreement covers logistics integration, digital port solutions, knowledge exchange and joint efforts in sustainable shipping. Both ports will also explore projects in decarbonisation, alternative fuels and energy-efficient operations as the global maritime sector moves towards greener standards.

For Adani Ports, the pact strengthens its international network and positions it as a key player in the emerging IMEC trade route, which will connect India to Europe through the Middle East using a mix of sea, rail and logistics infrastructure. The corridor is expected to diversify supply chains and offer an alternative to traditional trade routes.

Marseille Fos, a major Mediterranean hub, provides direct access to southern and central Europe, making it a strategic entry point for Indian cargo. The collaboration is also seen as part of the broader India–France push to deepen cooperation in infrastructure, clean energy and resilient trade systems.

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Adani Ports completes Australia NQXT deal

Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of North Queensland Export Terminal (NQXT) in Australia, strengthening its global ports portfolio and expanding its presence in the Asia-Pacific region.

The deal was executed as an all-share transaction, under which APSEZ acquired 100 per cent ownership of Abbot Point Port Holdings, the company that owns and operates NQXT. In return, APSEZ issued over 14.38 crore equity shares to Carmichael Rail and Port Singapore Holdings. The acquisition received all required regulatory and shareholder approvals in India and Australia.

NQXT is a deep-water, multi-user export terminal located at Abbot Point in Queensland. It currently has a handling capacity of 50 million tonnes per year and primarily supports bulk exports. A large part of its volumes is secured under long-term take-or-pay contracts, ensuring steady and predictable revenue. For FY25, the terminal reported strong operating performance with healthy earnings.

With this acquisition, APSEZ gains a strategically located asset close to key Asian trade routes. The company expects NQXT to play an important role in its long-term growth plans, including its goal of handling one billion tonnes of cargo annually by 2030. APSEZ also sees scope to expand the terminal’s capacity over time, supported by contract renewals and operational improvements.

Following the completion of the transaction, APSEZ has upgraded its financial guidance. The company now expects higher cargo volumes and improved earnings for the coming financial year, reflecting the addition of NQXT to its portfolio. The Australian terminal also brings foreign currency earnings, adding stability and diversification to APSEZ’s revenue base.

Company management described the acquisition as a key milestone in APSEZ’s international expansion strategy. They highlighted NQXT’s strong fundamentals, long asset life and potential for future growth, along with its location in a stable and developed market.

The NQXT deal adds to APSEZ’s growing list of overseas assets, which includes ports and terminals in Israel, Sri Lanka and Africa. With this move, Adani Ports continues to position itself as a global port and logistics player, focused on scale, long-term contracts and steady cash flows.

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Adani’s Dighi port to export 2 lakh cars annually with Motherson

Dighi Port, part of Adani Ports and Special Economic Zone Limited (APSEZ), is set to handle 200,000 cars annually following a strategic partnership with Motherson. The collaboration, through Motherson’s joint venture Samvardhana Motherson Hamakyorex Engineered Logistics Limited (SAMRX), will establish a dedicated RoRo (Roll-on/Roll-off) terminal at the port in Maharashtra.

The new facility will serve as a key automobile exports hub for the Mumbai-Pune auto belt, supporting India’s “Make in India” initiative by enabling smooth import and export of vehicles to global markets.

Mr. Ashwani Gupta, CEO of APSEZ, said the partnership aims to redefine automotive logistics in India. “Combining APSEZ’s infrastructure with Motherson’s expertise creates a seamless and resilient network for vehicle movement, accelerating trade and enhancing supply chain efficiency,” he added.

Mr. Laksh Vaaman Sehgal, Vice Chairman of Motherson Group, emphasized that the terminal will reduce logistics costs for OEMs while strengthening India’s automotive supply chain.

The RoRo terminal will feature end-to-end vehicle logistics, including single-window operations, AI-driven yard optimization for real-time vehicle tracking, and fast OEM evacuation via NH-66. The port will also support electric vehicle exports with EV-ready infrastructure and provide integrated dashboards for live tracking of cargo volumes.

Dighi Port, strategically located on India’s west coast, is already equipped to handle various cargo types with excellent road connectivity and direct berthing facilities. Its expansion into RoRo operations aligns with APSEZ’s vision of building future-ready logistics hubs.

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Adani Ports becomes first Indian transport firm to join TNFD

Adani Ports and Special Economic Zone Ltd (APSEZ) has joined the Taskforce on Nature-related Financial Disclosures (TNFD) as an adopter, committing to begin nature-related risk and impact disclosures from FY26.

With this move, APSEZ, which is India’s largest integrated transport utility, has become the first Indian integrated transport utility to embrace the TNFD framework.

TNFD is an initiative backed by the United Nations Environment Programme Finance Initiative (UNEP FI), UNDP, WWF and Global Canopy. It is aimed at helping companies identify, manage and disclose nature-related dependencies, risks and opportunities.

The company said it will align its future corporate reporting with TNFD recommendations as part of its broader ESG strategy. The initiative builds on APSEZ’s existing environmental practices, including climate-risk assessments and large-scale mangrove restoration. The firm has afforested over 4,200 hectares and is conserving an additional 3,000 hectares, making it India’s largest private-sector contributor to mangrove ecosystem restoration.

“As we advance towards COP30, we firmly believe that responsible business practices drive long-term success. Our adoption of the TNFD framework reflects our commitment to integrate nature into corporate decision-making and to enhance our contribution to biodiversity conservation,” said Ashwani Gupta, Whole-Time Director & CEO of APSEZ.

APSEZ joins a small global league of port operators prioritising biodiversity and marine ecosystem protection. The company said adopting the TNFD framework would strengthen its position as a sustainability leader in maritime logistics.

APSEZ, part of the Adani Group, operates 15 ports and terminals across India, handling about 28% of the country’s total port volumes. It plans to expand its cargo handling capacity from the current 633 million tonnes per annum to 1 billion tonnes by 2030.

According to TNFD’s official announcement, APSEZ is among the latest adopters committing to science-based, transparent nature-related reporting.

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Adani Ports Q2 Profit Up 29% as Logistics, Marine Shine

Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday reported a 29% year-on-year jump in consolidated net profit to ₹3,120 crore for the July–September quarter of FY26, boosted by higher cargo volumes and strong growth in its logistics and marine segments.

Revenue rose 30% to ₹9,167 crore, while EBITDA increased 27% to ₹5,550 crore. For the first half of FY26, revenue stood at ₹18,294 crore, up 25% from a year ago, and profit after tax climbed 17% to ₹6,431 crore.

The company’s domestic ports business achieved a record EBITDA margin of 74.2%, with overall cargo volumes growing 12% year-on-year to 124 million metric tonnes. Market share rose to 28.1%, while container share expanded 150 basis points to 45.9%.

Logistics revenue nearly doubled to ₹2,224 crore in H1 FY26, driven by the ramp-up of trucking and international freight operations, while marine revenue surged 213% to ₹1,182 crore following new vessel acquisitions. International ports delivered a lifetime-high H1 revenue of ₹2,050 crore, reflecting strong performance at Haifa, Colombo, and Dar es Salaam.

Ashwani Gupta, Whole-time Director and CEO, said the results reflect “the success of APSEZ’s Integrated Transport Utility model,” adding that expanding port capacity, marine fleet, and logistics networks is creating a seamless supply chain from “port gate to customer gate.”

Credit ratings agencies turned more optimistic on the company’s outlook. Fitch revised APSEZ’s outlook to “Stable” from “Negative” and reaffirmed its “BBB–” rating, while S&P Global upgraded its outlook to “Positive.”

The company also reported progress in sustainability, ranking among the top 5% of global transportation firms in the S&P Global Corporate Sustainability Assessment and achieving Zero Waste to Landfill certification for 12 ports.

During the quarter, APSEZ announced plans to acquire Australia’s NQXT Port, expand capacity at Dhamra and Karaikal ports, and invest ₹600 crore in a new 70-acre logistics park in Kochi. It aims to handle one billion tonnes of cargo annually by 2030.

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