India’s biggest port, Adani’s Mundra Port, has created history by shipping more than 16 MNT cargo in the month of October. Mundra Port is India’s biggest port and it’s a flagship port of Adani Ports and Special Economic Zone Ltd.(APSEZ). In a statement, APSEZ said that the Mundra port has shipped more than 100 MNT cargo in the last 210 days, which is a record. The previous record was 100 MNT in 231 days, 21 days more than current day counts.
Additionally, the port also handled 4.2 million TEUs (Twenty-Foot Equivalent Units) in the last 203, which was achieved in 225 days in the previous fiscal year. The Mundra port is capable of maintaining deep draft and is well-equipped to handle large vessels. The port plans on achieving the 200 MNT milestone by FY25. Previously, Adani Cleared $130 million of its debt which was aimed towards gaining investors’ confidence after the Hindenburg report’s effects.
Located on the northern shores of the Gulf Of Kutch, Gujarat, Mundra Port holds a very integral role in the Adani Ports and Special Economic Zone Ltd and was set up in 1998. Since then, it has been one of the biggest and most important ports in India. Most large ships are docked in this port. In July 2023, it docked one of the world’s biggest ships, MC MSC Hamburg, which is 399m long and 54m wide. It contained more than 15,000 TEUs at the time it was berthed. Additionally, Adani has also increased the carrying capacity of the trains that connect with the port.