Ahmedabad, March 27 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has operationalised India’s first Port of Refuge (PoR), addressing a long-standing gap in maritime emergency infrastructure, creating a structured mechanism to handle maritime emergencies and vessels in distress.The initiative is backed by a tripartite memorandum of understanding (MoU) with SMIT Salvage, the salvage and emergency response division of Royal Boskalis Westminster NV (Boskalis) and the M…
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Ahmedabad, Feb 21 (IANS) Adani Ports and Special Economic Zone (APSEZ), through its subsidiary Adani Gangavaram Port Limited (AGPL), has signed a strategic memorandum of understanding (MoU) with government-run NMDC Limited and Vale Brazil, it was announced here on Saturday.The MoU, signed at the India–Brazil Business Forum Summit, establishes a strategic framework for the development of an iron ore blending facility and a dedicated Special Economic Zone (SEZ) at Gangavaram Port.The agreement w…
Ahmedabad, Feb 18 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) and the Port of Marseille Fos, France’s leading port and the Mediterranean’s premier gateway, on Wednesday announced a collaboration to deepen cooperation on trade facilitation, port innovation, and energy transition and further boost India-Europe trade connectivity.The Memorandum of Understanding (MoU) proposes the creation of an IMEC Ports Club to strengthen coordination among key ports along the India-Middle East-E…
Mumbai, Feb 3 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported strong financial performance for the December quarter (Q3 FY26), with consolidated net profit rising 21 per cent year-on-year (YoY) to Rs 3,043 crore. The company had posted a profit of Rs 2,518 crore in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.Revenue for the quarter also saw a sharp increase of 22 per cent, reaching Rs 9,705 crore compared to Rs 7,964 cro…