Introduction
Mudra Port, the flagship of Adani Ports and Special Economic Zone (APSEZ), continues to break records in India’s maritime industry. With its strategic location, superior infrastructure and consistent growth, the port has achieved remarkable milestones, including handling over 16.1 million metric tons (MMT) of Cargo in October 2023. This article explores the significant achievements of Mudra Port, its historical timeline and its ambitious target of reaching 200 MMT in cargo volumes by FY25.
A Swift Journey to 100 MMT
Mundra Port’s remarkable feat does not stop at just one record. It crossed the 100 MMT-mark in a mere 210 days, surpassing its previous record of 231 days from the previous year. This impressive accomplishment the port’s commitment to increasing its cargo handling capacity, making it a vital part of India’s trade network.
Year-on-Year Growth
In addition to its rapid growth in cargo volume, Mudra Port also demonstrated impressive year-on-year growth in various sectors. The port witnessed double-digit growth in containers, with a 10% increase and in liquids and gas, a 14% increase. This growth demonstrates its versatility and adaptability to handle various types of cargo efficiently.
Container Cargo Achievements
The port has excelled in container cargo as well, achieving a YTD basis record of 4.2 million twenty-foot equivalent units (TEUs) in just 203 days. This impressive feat outpaces the previous financial year’s timeline by 22 days. With a double-digit Y-o-Y growth in container volumes (+10%), Mundra Port continues to be a key player in India’s container trade.
Diverse Cargo Types
Mundra Port’s commitment to excellence extends beyond numbers. It has expanded its portfolio by adding new cargo types, including Hydrolysis Pi Gas (HPG). This diversification enables the port to cater to a broader range of industries and cargo, enhancing its role in facilitating trade and economic growth.
Exceptional Handling Capacity
The port’s strategic location and deep draft capability allow it to handle large vessels with ease. In July 2023, Mundra Port berthed the MV MSC Hamburg, one of the largest ships ever, measuring 399 meters in length and 54 meters in width. Such achievements showcase the port’s advanced infrastructure and capabilities.
Strong Hinterland Capacity
Mudra Port is well-connected to the hinterland, particularly through the Western Dedicated Freight Corridor (WDFC). All major rail lines and Inland Container Depots (ICDs) connecting to Mudra Port can now handle double-stack container trains, improving efficiency and reducing transit times.
Mudra’s Ambitious Target
With a remarkable growth rate in cargo volumes, Mudra Port has set an ambitious target of reaching 200 MMT in cargo volumes by FY25. This ambitious goal aligns with India’s vision to enhance its logistics performance and promote higher seaborne trade, contributing to the country’s economic growth and its aspiration to become a $5 trillion economy.
About Mudra Port
Opened: 1998
Operated by: Adani Ports & SEZ Limited
Owned by: Adani Group
No. of Berths: 24
Mundra Port, in Gujarat, India, is the largest private and commercial port, part of Adani Ports & SEZ Limited (APSEZ), handling over 1.6 million tonnes of cargo, including about 33% of India’s container traffic.
Historical Timeline of Mudra Port
Mudra Port’s remarkable journey is characterized by several key milestones:
- 1998: Berths 1 and 2 turn operational
- 1999: Berths 3 and 4 join operations
- 2001: Rail connectivity established, making Mundra a key hub on the national railway grid
- 2003: Container Terminal 1 commences operations
- 2005: Operations expand with SPM and Container Terminal 2
- 2007-2013: The addition of T2, an auto terminal, West basin, and T3
- 2019: LNG, LPG operations commence