Vizhinjam Port: As Adani Ports welcomes mothership, what Karan Adani said about Concor

Vizhinjam Port: As Adani Ports welcomes mothership, what Karan Adani said about Concor

New Delhi: Adani Ports operated Vizhiniam Port welcomed the mothership, Maersk Line Vessel San Fernando, at the outer point on July 12, 2024, in what Adani Ports CEO called a “historic day”.

Today is a historic day for all of us at @Adaniports. A dream has finally come true for Vizhinjam, for Kerala and for India! 🇮🇳

We proudly welcomed the first mothership to Vizhinjam port, marking its debut as the country’s first automated container port. Super proud!… pic.twitter.com/QhtpdKQiLy

— Karan Adani (@AdaniKaran) July 11, 2024

Vizhinjam Port will cut the cost of logistics for importers, said Adani. Since most cargo is routed via Singapore and Colombo, and the goal is to make India a hub for transhipment, he added. The company plans to enhance the port’s capacity to 500 TEUs.

Out of a total capex of Rs 3,800 crore, Adani Ports’ share was Rs 3,600 crore for phase 1 of Vizhinjam Port, CNBCTV18 reported, citing junior Adani. Vizhinjam Port is likely to galvanise traffic in the South, as well as a larger volume from across the country, said Karan Adani.

While Adani Ports is eyeing expansion in the Far East as well as high growth, high population and high manufacturing countries, Adani added that CONCOR is a very strategic asset on account of the Inland Container Depots (ICD) locations they have will add value to the company’s overall value and Adani Group will consider it at the right price.

 

Vinzhinjam Port features

The Vizhinjam Port has an operational quay length of 600 m with 7,500 container yard slots planned.
The port is expected to have 1.5 million 20-foot equivalent unit (TEUs) container capacity.
A total investment of Rs 20,000 crore is envisaged in the port.
It is India’s only port that lies directly adjacent to a global shipping lane.

This will enable India to have more transhipment traffic, positioning the country as a major hub for international trade routes that connect:

The US
Europe
Africa
The Far East

Once the 800-m berth is complete, Vizhinjam Port will be able to accommodate 2 mother ships simultaneously. A mothership is the moniker given to a large container vessel. Vizhinjam Port’s waters are 1-20 metres deep, making it amenable to the arrival of the world’s largest container vessels.

All about the San Fernando mothership

The Maersk Line vessel San Fernando, the first mothership to arrive at Adani Group-operated Vizhinjam Port in Kerala, is a 300-metre-long vessel.

The San Fernando is capable of carrying up to 9000 TEUs of cargo
It will offload 2,000 containers at Vizhinjam Port
The San Fernando will also undertake 400 container movements within its structure at the port

The first mothership of Vizhinjam International Seaport, San Fernando, a Maersk Line Vessel arrives at the seaport’s outer point, in Thiruvananthapuram.

Vizhinjam International Port, developed under a public-private partnership model, began construction in 2015. pic.twitter.com/EJmM1Ks8ym

— DD News Malayalam (@DDNewsMalayalam) July 11, 2024

 Vizhinjam Port: Adani Ports welcomed the Maersk San Fernando mothership, a major container ship capable of carrying 9,000 TEUs of cargo. Know what Karan Adani said about Adani Group’s interest in Concor.  Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today