Adani Ports Doubles Down: USD 1.2 Billion Boost for Transshipment Terminal

Adani Ports and Special Economic Zone (APSEZ) has announced plans to increase its investment to USD 1.2 billion to enhance the Vizhinjam transshipment container port in Kerala. This expansion marks the second phase of the project, set for completion by 2028, aiming to establish Vizhinjam as a key player in international maritime trade.

Strategically located near the southern tip of India, close to international shipping routes, Vizhinjam port boasts some of the deepest shipping channels. The port is preparing to welcome its first container vessel from Maersk for a trial run at its 800-meter container berth. APSEZ is working to attract major container lines, including MSC Mediterranean Shipping Company, A.P. Moller - Maersk A/S, and Hapag-Lloyd.

The substantial investment will extend the existing berth and breakwater at the port. Additionally, the terminal will feature bunkering facilities to refuel ships, new cranes to increase capacity, and a cruise terminal for large luxury liners.

Inaugurated in October 2023, Vizhinjam port is set to become India’s first container transshipment hub, facilitating the transfer of cargo from smaller vessels to larger ships. This development positions Vizhinjam to capture a significant share of the international maritime trade market.

News by Rahul Yelligetti