The network of 13 ports operated by billionaire Gautam Adani's Adani Ports and Special Economic Zone Ltd (APSEZ) handled 339 million metric tonnes (MMT) between April 2022 and March 2023, setting a record. It claimed to have seen growth of 9.5% in March.

In a statement released on Wednesday, the group said that it handled 32 MMT of total cargo in March 2023, the first time the volumes had surpassed 30 MMT since July 2022.

Nonetheless, the figures for FY23 were lower than those for FY22. Adani Ports saw a 26% year-over-year rise in FY22, going from 247 MMT to 312 MMT.

It further stated that the total number of containers handled by APSEZ in India increased to 8.6 MTUs, representing a 5% YoY gain, including 6.6 MTEUs at Mundra alone. The ports handled 155 MMT of cargo in total over the course of the year.

“The APSEZ’s flagship port, Mundra, is outpacing all its closest rivals and continues to be the largest port in the nation in terms of volumes handled. Mundra’s infrastructure meets world standards and provides service levels on par with those of its global competitors, making it India’s gateway for container goods,” said Karan Adani, CEO and Whole Time Director, APSEZ.

According to the company's statement, APSEZ achieved some new benchmarks in FY23 with regard to the number of ships docked (6,573), rakes serviced (40,482), and trucks, trailers, and tankers handled (48,89,941). Additionally, it stated that Adani Ports provided services to 3,068 different customers throughout its various business entities.

The corporation reported a successful year for its logistics business sector. "The 500,000 TEUs, or 24% greater year over year, mark was reached by the container rakes handled during the year. According to the statement, the bulk freight moved topped 14 MMT, representing a 62% increase compared to the previous year.

The company, which is run by Gautam Adani, said that its deep draft ports allowed its clients to ship larger vessel parcels, hence reducing their overall logistical costs.

“Mundra handled the deepest container vessel – MSC Washington with an arrival draft of 17.0 meters – ever handled by any Indian port, and the largest vessel, MSC Fatma, with a vessel length of 366 m and carrying capacity of 15,194 TEUs. The port also docked its first LNG-fueled vessel, Aframax Crude Oil Tanker, at its SPM facility. The draft is 14 metres long with a total displacement of 1,26,810 MT,” the company said.