Adani Ports Sets Sail for ₹10,000 Crore Transshipment Terminal

Adani Ports and Special Economic Zone Ltd. is set to invest ₹10,000 crore ($1.2 billion) in the expansion of Vizhinjam port, Kerala, aiming to attract the world's largest container ships. This substantial investment marks the second phase of the Vizhinjam project, slated for completion by 2028.

Sources reveal that the expansion includes extending the existing berth and breakwater to enhance operational capabilities. The port, strategically located near India's southern tip with deep shipping channels, will welcome its first container vessel from Maersk on July 12 for a trial run at the newly constructed 800-meter container berth.

The Vizhinjam port, inaugurated in October, is part of Gautam Adani's vision to position India prominently in global maritime trade, competing with established hubs like Colombo, Dubai, and Singapore. The port aims to attract major container lines such as MSC Mediterranean Shipping Co., A.P. Moller - Maersk A/S, and Hapag-Lloyd, leveraging its proximity to international shipping routes.

Adani Ports' expansion plans also include bunkering facilities, additional cranes, and a cruise terminal to host luxury liners. These enhancements aim to boost the port's capacity and operational efficiency, making it a key transshipment hub.

Representatives from Adani Group, Mediterranean Shipping, and Hapag-Lloyd were unavailable for comment on the expansion plans. The investment underscores Adani Ports' commitment to bolstering India's maritime infrastructure to support larger vessels and international trade.

News by Rahul Yelligetti