Latest news with #AdaniPortsandSEZLtd
NDTV
09-06-2025
- Business
- NDTV
Karan Adani Welcomes MSC IRINA, World's Largest Container Ship At Vizhinjam
The MSC IRINA, the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, made an entry into India on Monday and docked at the Adani Group's Vizhinjam International Seaport in Kerala. The ship, with a capacity of 24,346 TEUs, will remain berthed at the port until Tuesday, June 10. Celebrating the arrival of the vessel, Karan Adani, the managing director of Adani Ports and SEZ Ltd (APSEZ), wrote on X, "Proud to welcome MSC Irina, the world's largest container ship with a capacity of 24,346 TEUs, to our Vizhinjam Port. This marks the vessel's maiden visit to South Asian shores, making it a milestone not just for Vizhinjam but for India's emergence as a key player in global transhipment. A bold vision now in motion." Proud to welcome MSC Irina, the world's largest container ship with a capacity of 24,346 TEUs, to our Vizhinjam Port. This marks the vessel's maiden visit to South Asian shores, making it a milestone not just for Vizhinjam but for India's emergence as a key player in global… — Karan Adani (@AdaniKaran) June 9, 2025 The arrival of MSC IRINA marks a major milestone for the Vizhinjam International Seaport. This is the first time a vessel of such scale has docked at an Indian port, signalling Vizhinjam's readiness to handle mega container traffic and underlining its strategic potential in global shipping routes. The ship's docking came a month after the port was officially inaugurated by Prime Minister Narendra Modi on May 2. Developed under a public-private partnership between Adani Ports and Special Economic Zone Ltd (APSEZ) and the Government of Kerala, the Rs 8,900-crore facility received its commercial clearance in December 2024 following a successful trial run. The inauguration ceremony in May was also attended by Kerala Governor Rajendra Arlekar, Chief Minister Pinarayi Vijayan, Adani Group Chairman Gautam Adani and Thiruvananthapuram MP Shashi Tharoor. Prime Minister Modi then highlighted the port's strategic importance, saying, "It is designed to accommodate large cargo ships, addressing a critical need. Until now, 75% of India's transhipment activities were conducted at foreign ports, resulting in significant revenue losses for the country." The Vizhinjam International Transshipment Deepwater Multipurpose Seaport is built to handle large-scale container transhipment, as well as multi-purpose and break-bulk cargo, making it one of the most advanced maritime infrastructure projects in the region. The natural depth of the waters off Vizhinjam Port - ranging between 18 to 20 metres even up to a kilometre from the shore - makes it suitable for very large vessels, including massive tankers and mother ships. In May, the port welcomed Turkiye, the world's largest eco-friendly container ship operated by the Mediterranean Shipping Company, cementing Vizhinjam's position as a key deepwater hub on India's coastline.
India Today
09-06-2025
- Business
- India Today
World's largest container ship MSC IRINA docks at Vizhinjam Seaport
The world's biggest container ship, MSC IRINA, docked at Vizhinjam International Seaport in Kerala on Monday, marking a milestone moment for India's newest deepwater vessel's arrival is the first time a container ship of this size has called at an Indian port, and it puts Vizhinjam firmly on the global shipping map. Built to carry 24,346 TEUs (twenty-foot equivalent units), MSC IRINA holds the record for the highest container capacity in the port, operated by Adani Ports and SEZ Ltd (APSEZ), is India's first Mega Transshipment Container Terminal. It sits just 10 nautical miles off one of the busiest east-west shipping lanes, connecting Europe, the Persian Gulf, Southeast Asia and the Far East. Vizhinjam's location, at the centre of the Indian coastline and close to key trade routes, is what gives it an edge over older Indian nearly 400 metres long and 61 metres wide, MSC IRINA is nearly four times the length of a football pitch. It can stack containers up to 26 tiers high, and is powered by energy-efficient tech that cuts emissions by around 4%. Flying the Liberian flag, the ship was launched in March 2023 and set out on its maiden voyage a month docking at Vizhinjam signals growing confidence in the port's readiness to handle Ultra-Large Container Vessels (ULCVs), and more importantly, its potential to emerge as a transshipment hub capable of competing with Colombo, Singapore and recent weeks, Vizhinjam has also seen visits from other massive carriers, including MSC Turkiye and MSC Michel Cappellini. But MSC IRINA's arrival is a league port, inaugurated last month by Prime Minister Narendra Modi, is now being watched closely by global shippers and trade India's container traffic projected to grow sharply in the coming years, Vizhinjam's ability to draw and handle the biggest ships in the world could redefine the country's role in international trade.
Time of India
02-05-2025
- Business
- Time of India
‘Together, we sail towards a stronger, bolder India': Gautam Adani on Vizhinjam Port
NEW DELHI: Gautam Adani , chairman of the Adani Group , expressed his gratitude towards Prime Minister Narendra Modi and Kerala chief minister Pinarayi Vijayan for their support in the development of India's first deep-sea automated port , the Vizhinjam International Deepwater Multipurpose Seaport . Adani called the port a significant step towards making India a stronger and bolder nation. Speaking after Prime Minister Narendra Modi dedicated the Rs 8,900 crore port to the nation, Adani described the project as a combination of vision, resilience, and collaboration. "Today, at Vizhinjam, history, destiny, and possibility came together as a 30-year-old dream of Kerala became India's gateway to the world,' Adani said in a post on X. He added, 'We are proud to have built India's first deep-sea automated port. A future global transshipment hub. This is a triumph of vision, resilience, and partnership.' — gautam_adani (@gautam_adani) The strategic Vizhinjam port is expected to play a key role in strengthening India's position in global trade. Its location near one of the busiest sea trade routes, combined with a natural deep draft of nearly 20 metres, ensures that it will be pivotal in reducing India's reliance on foreign ports for cargo transshipment. Karan Adani, managing director of Adani Ports and SEZ Ltd (APSEZ), also praised the joint efforts of the Central and state governments, as well as the administration and people of Kerala. "A historic day. Grateful to the Central and State Governments, and the administration and people of Kerala, especially Thiruvananthapuram, for their support in making this port stand as a testament to India's strategic and bold maritime ambitions," Karan Adani posted on X. The new port is expected to reduce logistics costs for Indian manufacturers by 30-40 per cent, significantly enhancing the country's export competitiveness. With a capacity increase planned to 5 million TEUs (Twenty-foot Equivalent Units) by 2028, the port is set to become a key player in India's maritime infrastructure. The Adani Group, in collaboration with both the central and state governments, has already invested over Rs 4,500 crore in the Vizhinjam project. Further investment of Rs 20,000 crore is expected in the upcoming phases, creating more than 5,000 jobs and significantly boosting the local economy. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
NDTV
02-05-2025
- Business
- NDTV
"It's Much Better Equipped": Karan Adani On Kerala's Vizhinjam Port
New Delhi: Karan Adani, the Managing Director of Adani Ports and SEZ Ltd (APSEZ), on Friday said Kerala's Vizhinjam Port is "much better equipped" and said it will "enable the growth" of the country. The Vizhinjam International Seaport in Kerala - India's first mega transshipment container terminal - was formally inaugurated by Prime Minister Narendra Modi on Friday It has been built by the APSEZ, the country's biggest port developer and part of the Adani Group, in partnership with the government under a public-private model. The project cost around Rs 8,900 crore and received its commercial go-ahead in December last year after a successful trial phase. Speaking to reporters after the inauguration event, Mr Adani thanked PM Modi and Kerala Chief Minister Pinarayi Vijayan for their support. He also said that the APSEZ is targeting 90 per cent utilisation of the resources. Speaking on the impact of tariffs imposed by US President Donald Trump, Mr Adani said that any disruption in trade routes "definitely impacts shipping lines and the movement of cargo". "In that way, some of the transhipment points actually benefit from disruptions because shipping lines will have to re-route some of the cargo. That is from a transhipment perspective. I think from a trade perspective, we are seeing that a lot of manufacturing is moving into India and the export boxes increasing from India to the US," he added.
Hans India
02-05-2025
- Business
- Hans India
Together, we sail towards a stronger, bolder India: Gautam Adani
Gautam Adani, Chairman of the Adani Group, on Friday said he is grateful to Prime Minister Narendra Modi and Kerala Chief Minister Pinarayi Vijayan for their support towards building India's first deep-sea automated port which is a future global transshipment hub, adding that together, 'we sail towards a stronger, bolder India'. This is a triumph of vision, resilience, and partnership, said Gautam Adani as PM Modi dedicated to the nation the Vizhinjam International Deepwater Multipurpose Seaport worth Rs 8,900 crore. 'Today, at Vizhinjam, history, destiny, and possibility came together as a 30-year-old dream of Kerala became India's gateway to the world,' said the billionaire industrialist in a post on X. 'We are proud to have built India's first deep-sea automated port. A future global transshipment hub. This is a triumph of vision, resilience, and partnership,' Gautam Adani added. The Adani Group Chairman further stated that 'together, we sail towards a stronger, bolder India.' Vizhinjam Port, having strategic importance, has been identified as a key priority project that will contribute to strengthening India's position in global trade, enhance logistics efficiency, and reduce reliance on foreign ports for cargo transhipment. Its natural deep draft of nearly 20 metres and location near one of the world's busiest sea trade routes further strengthen India's position in global trade. 'A historic day. Grateful to the Central and State Governments, and the administration and people of Kerala, especially Thiruvananthapuram, for their support in making this port stand as a testament to India's strategic and bold maritime ambitions,' said Karan Adani, Managing Director of Adani Ports and SEZ Ltd (APSEZ), in a post on X. The port is expected to significantly lower logistics costs for Indian manufacturers by 30-40 per cent, enhancing the country's export competitiveness. With plans to increase capacity to 5 million TEUs by 2028 with the latest technology, the port is set to play a crucial role in India's maritime infrastructure. Working closely with the state government and the Central government, the Adani Group has already invested over Rs 4,500 crore in the Vizhinjam International Seaport project. The Adani Group is expected to invest another Rs 20,000 crore in the project's upcoming phases, creating more than 5,000 jobs and boosting the local economy to unprecedented heights.
