Business

4 Adani Ports Shine In Container Port Performance Index 2023

On 19 June, Adani Ports and Special Economic Zone Limited (APSEZ) announced that four of its ports have secured positions in the prestigious ‘Container Port Performance (CPP) Index 2023’, developed by the World Bank and S&P Global Market Intelligence.

Mundra Port led the pack, securing the 27th position, followed by Kattupalli at 57th, Hazira at 68th, and Krishnapatnam at 71st in the Top 100 list.

This achievement underscores APSEZ’s stature as a significant player in the global container port industry.

“We are proud of our team’s dedication and our consistent commitment to providing exceptional service to our customers,” stated Ashwani Gupta, CEO and Whole Time Director of APSEZ, acknowledging the accolade.

The CPP Index evaluates ports worldwide based on metrics such as productivity, efficiency, and reliability, serving as a benchmark for stakeholders in trade, logistics, and supply chain sectors globally.

Among the top 100 ports listed, 9 are from India, with 4 belonging to APSEZ, highlighting the company’s focus on operational excellence and service quality.

In a separate recognition last week, APSEZ was lauded by CDP (formerly the Carbon Disclosure Project) for its robust efforts in addressing climate change and implementing best Environmental, Social, and Governance (ESG) practices.

APSEZ received an “A-” rating from the global non-profit organization for both climate change initiatives and supplier engagement.

APSEZ operates 7 ports and terminals on India’s western coast and eight on the eastern coast, managing approximately 27% of the nation’s total port volumes.

Also Read: Indian Fast Fashion Industry To Become $50 Million By FY31: Report

Mankrit Kaur

Recent Posts

Dr Rajeshwar Singh To Honour Forest Personnel At Environment Warriors 4.0

The Environment Warriors organisation will host its monthly wildlife conservation and public awareness event in…

4 hours ago

CM Yogi Inspects Ganga Expressway Progress; Highlights Technological Excellence

Chief Minister Yogi Adityanath reviewed the ongoing construction of the Ganga Expressway connecting Meerut to…

7 hours ago

Pahalgam Attack: Karnataka Minister Says Terrorists Did Not Ask Victims’ Religion

Karnataka Minister Timmapur on Pahalgam attack: Terrorists didn’t ask victims' religion before shooting, says they…

8 hours ago

Canada: Nine Die As Driver Rams Crowd At Lapu Lapu Filipino Festival

A black SUV plowed into a crowd at Vancouver's Lapu Lapu Filipino Festival, killing nine…

9 hours ago

Indian Navy Successfully Conducts Anti-Ship Missile Drills; Reaffirms Combat Readiness

The Indian Navy successfully carried out an anti-ship missile exercise on Sunday, demonstrating its preparedness…

10 hours ago

From Apples To Saffron: PM Modi Celebrates India’s Agricultural Innovations

PM Modi praised India’s environmental achievements and the 'Ek Ped Maa Ke Naam' initiative during…

11 hours ago