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Adani Ports Completes Acquisition of 95% Stake in Gopalpur Port https://lnkd.in/dxKggVFM #AdaniPorts #GopalpurPort #Logistics #CargoHandling #Investment Adani Ports and Special Economic Zone (APSEZ) has taken a significant step in its growth strategy by acquiring a 95% stake in Gopalpur Port for Rs 1,349 crore. This acquisition not only enhances APSEZ’s cargo handling capabilities but also aims to achieve better operational synergy between India’s east and west coasts. With projections indicating substantial growth in cargo volume and revenue, this move positions Gopalpur Port as a key player in the region's logistics landscape.

Adani Ports and Special Economic Zone (APSEZ) on Tuesday said its cargo volumes rose 42 per cent in December 2023 to 35.65 MMT (million metric tonne). According to a APSEZ statement, 10 ports in the APSEZ portfolio delivered their highest-ever cargo volumes, recording new operating milestones. The billionaire Gautam Adani’s firm handled 311 MMT of cargo during the nine months of FY24, which is 23 per cent higher year-on-year. Mundra Port alone managed around 5.5 MTEUs in initial nine months, it added. APSEZ CEO and whole-time director Karan Adani said, “APSEZ crossed the 300 MMT cargo mark in just 266 days versus its previous best of 329 days in the previous financial year”. Adani said the company is now targeting over 400 MMT of cargo volumes in FY24, surpassing the upper end of the guidance range (370-390 MMT) provided at the start of the current financial year. #adaniports #cargohandling #revenue #growth #success #sebi #listedcompanies

Adani Ports Stock Surges Following Acquisition of 95% Ownership in Gopalpur Ports for ₹1,349 Crore. Adani Ports & Special Economic Zone Ltd. announced on Tuesday that it has finalized agreements to purchase a 95% stake in Gopalpur Ports Ltd. from its current shareholders. The acquisition is valued at ₹1,349 crore in cash. The transaction involves an enterprise value of ₹3,080 crore and is contingent upon closing adjustments. Adani Ports has acquired a 95% stake, comprising a 56% stake from SP Port Maintenance Pvt. Ltd. and a 39% stake from Orissa Stevedores Ltd. Though approval from the Commerce and Transport Department of the Government of Odisha is required for this transaction, and it is anticipated to be finalized by the first quarter of the financial year 2025. #stockmarket #Investmentstrategy #financialplanning #investmentgoals #financialfreedom #diversifyyourportfolio #InvestmentTips

CBI raids NDTV offices, Founder Prannoy Roy's Home. Result➡️ Adani group Now Owns 64.71% stake in NDTV. CCI Team Raids ACC, Ambuja Cement Offices. Result➡️ Adani Group Now the 2nd Largest Cement Player as Acquisition of Ambuja Cements. ED Raids GVK Group Offices in Mumbai Airport. Result➡️ Adani Airport Holdings Owns Nearly 98% Stake in GVK Airport Developers. Income Tax Officials Raids The Quint's Office in Noida. Result➡️ Adani acquires 49% in Quintillion Business Media for Rs 48 Crore. IT Officers Raid in Nellore Krishnapatnam Port. Result➡️ Adani Ports and SEZ completes Acquisition of Krishnapatnam Port. But... As per Godi Media it's Just a mere Co-incidence and there is no Extortion !! #india #media #journalism #administration #governance

West Bengal’s share in the country's total industrial production : 1947 - 2021 = 24% - 3.5% , A decline of 85%

🚀 Big news from Adani Ports and SEZ and Special Economic Zone (APSEZ)! They've completed the acquisition of a 95% stake in GOPALPUR PORTS LIMITED(GPL) for Rs 1,349 crore, following a March agreement. Key Highlight ↗️, https://shorturl.at/RKOhv ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED acquired 56% from SP-PSA International Port Maintenance and 39% from Orissa Stevedores. GPL, established in 2006, handled 7.4 million metric tonnes in FY 2022-23, with projected growth to 11.3 MMT this year and revenue of Rs 520 crore. Karan Adani emphasized that this integration will boost cargo volume parity between India’s east and west coasts. #AdaniPorts #GopalpurPort #PortDevelopment #Portnews #SmartPorts #SustainablePorts #MaritimeGrowth #MaritimeIndustry #MaritimeNews #DSTnews #DSTdaily #DSTdigital

CBI raids NDTV offices, Founder Prannoy Roy's Home. Result - Adani Group now Owns a 64.71% stake in NDTV. CCI Team Raids ACC, Ambuja Cement Offices. Result - Adani Group is Now the 2nd Largest Cement Player in the Acquisition of Ambuja Cements. ED Raids GVK Group Offices in Mumbai Airport. Result - Adani Airport Holdings Owns Nearly 98% Stake in GVK Airport Developers. Income Tax Officials Raids The Quint's Office in Noida. Result - Adani acquires 49% in Quintillion Business Media for Rs 48 Crore. IT Officers Raid in Nellore Krishnapatnam Port. Result - Adani Ports and SEZ completed the Acquisition of Krishnapatnam Port. Who is running the Indian govt currently? BJP or Adani or Both? #electoralbondscam

The Weekly Review is in! 🚢🗞️ Join us as we unravel the stories from the Shipping, Maritime, and Logistics sectors. Follow #DST for more riveting updates like these from the shipping industry! Know more:- www.dst.news PSA India Total Transport Systems Limited Association of Multimodal Transport Operators of India (AMTOI) DP World Container Corporation of India Ltd Adani Ports and SEZ JSW Infrastructure CMA CGM Bahri | البحري #DSTdigital #DSTnews #DailyShippingTimes #Shippingnews #Logisticsnews #maritime #ExportImport #Portnews #LogisticsUpdate #ShippingIndustry #Tradenews

APZEZ Reports 14% Growth In Cargo Volumes In September During H1 FY25, APSEZ handled 219.8 MMT of total cargo, clocking its highest ever H1 cargo. Adani Ports & Special Economic Zone (APSEZ) announced that during Sep 24, APSEZ handled 37.5 MMT of total cargo. The growth in cargo was primarily driven by containers, which was up 31% YoY, followed by liquids & gas cargo. During H1 FY25, APSEZ handled 219.8 MMT of total cargo, clocking its highest ever H1 cargo. This growth was supported by containers, which was 19% YoY, followed by liquids & gas cargo. With Vizhinjam and Gopalpur contributing to cargo volume during the second half of the financial year, APSEZ expects to better deliver cargo volumes. Mundra Port achieved a significant milestone by crossing 100 MMT mark in 181 days (101.1 MMT in H1). Sweating of logistics assets continued with H1 FY25 rail volumes growing by 11% YoY to 0.31 Mn TEUs and GPWIS volumes growing by 20% YoY to 10.7 MMT. Adani Ports and SEZ

Great news for the Indian shipping industry! Adani Ports and Special Economic Zone saw a significant increase in #cargo volumes in June 2024, up 12% year-over-year. This growth was driven by strong performances in both the containers and liquids & gas segments, which increased by 33% and 8%, respectively. Attributing this success to their world-class infrastructure and operational efficiency, Adani Ports also highlighted that #Kattupalli Port handled its highest ever monthly cargo volume of 1.36 MMT, demonstrating their commitment to efficient cargo movement. https://lnkd.in/dFKgVpTh #AdaniPorts #CargoGrowth #IndianShippingIndustry #MaritimeGrowth #Logistics #CargoVolume #EconomicDevelopment #PortOperations #GlobizzSynergy #SEZ