Adani Ports’ May Cargo Rises 17% To 41.8 Million Tonnes

Adani Ports and Special Economic Zone Ltd. said it handled 41.8 million tonnes of cargo in May, a 17% year-on-year increase, driven by a 22% rise in container volumes and 17% growth in dry cargo.

For April–May, volumes rose 10% to 79.3 million tonnes, supported by a 21% rise in container traffic.

Its logistics rail operations moved 60,000 twenty-foot equivalent units (TEUs) in May, up 13%, while volumes under the general purpose wagon investment scheme rose 4% to 2.01 million tonnes.

For the two-month period, rail volumes stood at 120,000 TEUs, up 15%, with GPWIS volumes at 3.8 million tonnes, up 4%, the company said.