Adani Ports

Shipping
IN: ADSEZ
India

"The Adani Group has removed a ban on exports and imports to and from Afghanistan, Pakistan and Iran at its Mundra port, reversing an order made in October. The company said it removed the ban after consultations with terminal and vessel operators, customs broker associations and importers who had agreed to adhere to security compliances. The Adani Group had banned the import and export of containerised cargo from Afghanistan, Iran and Pakistan at its Mundra port on October 11. Mundra is the largest commercial port in India and emerged as the largest container handling port in the financial year 2020-21 (surpassing JNPT) with a market share of 32% (a gain of around 5%), according to the conglomerate's latest annual report." (The Economic Times, "Adani Group opens cargo traffic from Iran, Afghanistan and Pakistan at Mundra port," 12/10/21)

--

According to publicly accessible ship-monitoring data, SDN-listed vessel ALVAN (IMO: 9165798) visited the Port of Mundra, Adani Mundra Container Terminal in May 2019.

--

In December 2017 Adani Ports was shortlisted on a tender floated by India Ports Global Ltd to manage, operate and maintain the container and multi-purpose terminals at Chabahar port in Iran.

--

In April 2017 Adani expressed an interest in managing and operating two terminals at Iran’s Chabahar port.

--

"India is inching closer to establishing its presence near the Persian Gulf with billionaires Gautam Adani and the Essar group's Ruia brothers flagging interest in managing terminals at Iran's Chabahar port, which India first agreed to develop 14 years ago, according to people with knowledge of the matter. Adani Ports & Special Economic Zone Ltd., operator of India's largest port, and Essar Ports Ltd. are among companies that have expressed an interest in managing and operating two terminals at Chabahar, said the people, asking not to be identified discussing confidential matters. India Ports Global Ltd., the company mandated to drive India's investments in overseas ports, on March 17 invited firms to express interest if they want to be considered for a strategic partnership." (Bloomberg, "Indian Billionaires Are Interested Managing Delayed Iran Port: Sources," 3/30/2017).