Adani Ports and Special Economic Zone (APSEZ) Mundra achieved a significant milestone as it welcomed CMA CGM Fort Diamant, the first-ever Liquefied Natural Gas (LNG)-powered container vessel to dock at the port’s Container Terminal-CT4. The announcement was made by APSEZ in a statement on Thursday.
Following the news, Adani Ports and SEZ share price surged by 4.01%, reaching an intra-day high of ₹1,229.95 at 2:08 PM (IST). According to BSE data, the stock recorded a total traded volume of 1.19 lakh shares, generating a turnover of ₹14.34 crore.
The LNG-powered vessel, CMA CGM Fort Diamant, measures 268 meters in length and 43 meters in beam. It is the third in a series of LNG-powered ships, each with a capacity of 7,000 containers. The vessel operates on the CIMEX2K/AS-1 service, linking the Indian subcontinent with China and strengthening global trade routes.
APSEZ highlighted that the seamless berthing of the vessel at Mundra Port demonstrates Adani Ports’ dedication to innovation, sustainability, and operational excellence. The adoption of LNG as a fuel source underscores the shipping industry’s commitment to reducing carbon emissions, offering a cleaner and greener alternative to traditional marine fuels. This move aligns with the global transition towards sustainable maritime practices.
Mundra Port, the largest port in India and a flagship of APSEZ, is renowned for its state-of-the-art infrastructure. Equipped to handle vessels with up to 21 meters of depth, the port is supported by robust connectivity, including highways, rail corridors, and the Dedicated Freight Corridor (DFC). Over the years, Mundra Port has hosted some of the largest container ships to dock in India, including MSC Anna and APL Raffles, further cementing its position as a leading container hub in South Asia.
The historic arrival of CMA CGM Fort Diamant is a testament to Adani Ports’ pioneering role in advancing sustainable practices and modernising logistics infrastructure. APSEZ continues to meet the evolving demands of global trade, contributing to the development of efficient and environmentally friendly logistics solutions.
Adani Ports and Special Economic Zone Limited (APSEZ) is India’s largest commercial ports operator, accounting for nearly one-fourth of the country’s cargo movement. The company operates across 13 domestic ports in seven maritime states, including Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu, and Odisha.
APSEZ’s port facilities boast cutting-edge cargo-handling infrastructure, capable of managing diverse cargo types such as dry cargo, liquid cargo, crude oil, and containers. The ports are designed to handle the largest vessels visiting Indian shores.
Through its subsidiary, Adani Logistics Ltd, APSEZ operates three logistics parks located in Patli (Haryana), Kila-Raipur (Punjab), and Kishangarh (Rajasthan). These facilities enhance the company’s integrated logistics capabilities, supporting its mission to streamline cargo movement and boost India’s trade efficiency.
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Published on: Dec 26, 2024, 2:37 PM IST
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