Adani Ports and Special Economic Zone Ltd has achieved a landmark milestone in India's maritime infrastructure as its Mundra Port became the first facility in the country to successfully berth a fully laden Very Large Crude Carrier (VLCC). The historic berthing of Mt New Renown, with a total cargo capacity of 3.3 lakh cubic metres, marks a transformational moment for India's crude oil logistics and energy security.

Historic Achievement in Challenging Conditions

The berthing operation was executed under demanding maritime conditions, including strong currents, winds, and challenging sea states. This successful operation demonstrated the expertise and operational excellence of the marine team and port management at Mundra. The achievement represents years of strategic planning and infrastructure development to create India's first dedicated VLCC-capable jetty.

Global Maritime Significance

Direct jetty berthing of fully laden VLCCs is available at only a limited number of ports worldwide due to the extreme draft, displacement, and infrastructure requirements of these massive vessels. With this achievement, Mundra Port joins an exclusive group of global crude handling hubs, significantly strengthening India's position in the international maritime and energy landscape. The facility eliminates India's dependency on offshore Single Point Moorings or lightering operations traditionally required for such large vessels.

Advanced Infrastructure Specifications

The purpose-built VLCC jetty at Mundra represents a pioneering engineering achievement designed to handle the world's largest crude carriers. The facility incorporates state-of-the-art marine infrastructure and cargo handling systems specifically engineered for ultra-large vessel operations.

Strategic Energy Connectivity

Mundra's VLCC jetty is seamlessly connected via a 489-kilometre crude oil pipeline to the HPCL Rajasthan Refinery at Barmer, one of India's most strategic refining assets. This direct connectivity significantly enhances India's energy security, improves the efficiency of large-scale crude imports, strengthens supply chain resilience, and promotes regional economic growth across Gujarat and Rajasthan.

Mundra Port's Comprehensive Capabilities

As India's largest commercial port, Mundra serves as a critical maritime gateway strategically located in the Gulf of Kutch. The deep-water, all-weather facility operates 27 berths and 2 Single Point Moorings, handling diverse cargo types including dry bulk, break-bulk, project cargo, liquids, containers, automobiles, and crude oil. The port accommodates Cape size vessels, VLCCs, Ultra Large Crude Carriers, and ultra-large container vessels.

This historic achievement reinforces Mundra's position as a world-class, future-ready port infrastructure aligned with India's growing energy and trade requirements, while establishing new benchmarks for maritime operational excellence in the region.

Adani Ports and Special Economic Zone Limited witnessed significant institutional activity with a major block trade executed on the National Stock Exchange (NSE). The transaction represents substantial investor interest in the port infrastructure company.

Block Trade Details

The block trade executed on NSE involved key parameters that highlight the scale of the transaction:

Market Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders to buy or sell substantial quantities of shares without causing significant price volatility in the regular market. These transactions are conducted outside the normal trading mechanism to ensure minimal market disruption.

The transaction price of ₹1,465.20 per share reflects the valuation at which the large-scale trade was executed. Such block deals often provide insights into institutional sentiment and major portfolio adjustments by significant market participants.

Transaction Impact

The ₹95.51 crore transaction represents a meaningful volume of shares changing hands in a single block trade. For Adani Ports and Special Economic Zone Limited, such institutional activity indicates continued investor interest in the company's port infrastructure and logistics operations.

Block trades of this magnitude typically involve sophisticated investors and can signal various strategic moves, including portfolio rebalancing, stake building, or strategic exits by institutional players.