Adani Ports’ cargo volume touches lifetime high of 202.6 MMT in H1 FY24

Adani Ports’ total cargo for the first half of the 2023-24 fiscal reached 202.6 million metric tonnes (MMT), crossing the 200 MMT milestone in the initial six months of the year.
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APSEZ has recorded a 26% growth year-on-year in cargo volume in September. The growth was contributed by all three cargo types — dry bulk (32 per cent), containers (20 per cent) and liquids and gas (+21 per cent).

It further said all key ports in the APSEZ portfolio led to the growth with container cargo witnessing an increase of 18 percent to 74.8 MMT and dry bulk recording growth of 10 per cent to 106.3 MMT.

“Logistics business continues to record significant growth, with the highest-ever half-yearly rail volumes of 279,177 TEUs (+25 percent YoY) and GPWIS volumes of 8.92 MMT (+42 per cent),” the firm added.

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