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Global Shipping & Trade
Asia

Adani Ports to sell its 49% stake in group company

by Kalpana Pandey
September 14, 2024
in Asia, Container Terminals, News, Ports & Terminals
Reading Time: 1 min read
A A
Adani Ennore Container Terminal Original

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The box terminal located at Kamarajar Port in Ennore, 24km from Chennai, handles multiple types of cargo. AECTPL with concession ending in 2044 has an annual capacity of 0.8 million TEUs, which can be expanded to 1.4 million TEUs annually. The company entered into a pact with Mundi, an indirect subsidiary of TiL and associate of Mediterranean Shipping Company.

Adani Ennore Container Terminal (AECT) is a state-of-the art box terminal 30 km north of Chennai Port. Located strategically AECT offers 24×7 congestion-free approach roads for seamless cargo movement and on-dock rail siding services to Bengaluru presenting deep hinterland reach. It’s also well connected to all Container Freight Stations (CFSs) in the primary hinterland of Chennai and 4 National Highways.

Tags: Adani Ennore Container TerminalAdani Ports and Special Economic ZoneChennai Port
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Kalpana Pandey

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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