Marine segment revenue rose 91% year on year to ₹773 crore (about $8.5m), while EBITDA surged 135% to ₹428 crore (about $4.7m) At group level

India’s Adani Ports & Special Economic Zone (APSEZ) has built up its fleet to its highest-ever level as it seeks to become a major shipping player. The Adani Group terminals and vessel operating unit said in its third-quarter report that it now controls 129 ships, mainly offshore support units and tugs.“Ongoing vessel acquisitions” accelerated marine Ebitda in the three months to 31 December to INR 4.2bn ($46.5m), a rise of 135% year on year, while revenue was INR 7.7bn,

The wider Adani Group is listed with 166 ships,

The wider Adani Group is listed with 166 ships, including general cargo ships and four capesize bulkers. Two vessels were acquired during the quarter, APSEZ said. In the previous three months, the owner revealed it had expanded its geographical presence to West African waters via en-bloc purchase of four platform supply vessels and a workboat The group has set up what it calls a strategic command centre for marine operations, enabling real-time vessel tracking and enhanced operational control.

Taking a controlling stake in Dubai shipowner Astro Offshore

In 2024, APSEZ stepped up its interest in shipping by taking a controlling stake in Dubai shipowner Astro Offshore.
It paid $185m in an all-cash deal for 80% of a company controlling 26 offshore support vessels. India’s biggest terminals and logistics company said the acquisition was part of its “road map to becoming one of the world’s largest marine operators”.In September, Adani Group banned tankers sanctioned by the US, UK and European Union from its ports

Sanctioned vessels are not accepted,

To safeguard the legal and commercial interests of the port, we hereby emphasise that sanctioned vessels are not accepted,” Adani Ports & Logistics said in a circular seen by Reuters. APSEZ net profit was INR 30.4bn in the last three months of 2025, from INR 25.2bn a year earlier. Revenue grew 22% to INR 97bn.

A deal with refiner Bharat Petroleum

The group has also signed a deal with refiner Bharat Petroleum to launch India’s first ship-to-ship LNG bunkering operations at Vizhinjam port.The port will serve as a dedicated LNG refuelling hub for vessels along the East-West corridor, APSEZ said.

Marine segment revenue rose 91% year

On the other hand Marine segment revenue rose 91% year on year to ₹773 crore (about $8.5m), while EBITDA surged 135% to ₹428 crore (about $4.7m) At group level, consolidated quarterly revenue reached ₹9,705 crore (about $106.7m), EBITDA climbed to ₹5,786 crore (about $63.6m) and profit after tax increased to ₹3,043 crore (about $33.5m).

About :Adani Ports and (APSEZ)

Adani Ports and Special Economic Zone Ltd (APSEZ) is India's largest private multi-port operator. Established in 1998, the company has grown to become a pivotal player in the country's trade and logistics sector. With headquarters in Ahmedabad, APSEZ has revolutionised port operations, offering integrated services that connect India to global markets.

Under the leadership of Karan Adani, APSEZ has expanded its footprint

Under the leadership of Karan Adani, APSEZ has expanded its footprint across the nation's coastline, operating ports and terminals in strategic locations. The company's commitment to excellence is evident in its advanced maritime infrastructure and efficient supply chain solutions. APSEZ's special economic zones foster economic growth, enabling seamless trade facilitation and enhancing India's competitiveness on the world stage.

Related : Adani Ports will invest ₹30,000 crore to fast-track Vizhinjam port expansion

source : Tradewinds +Other sources 

#Adani Ports #(APSEZ) #Bharat Petroleum # Karan Adani #West African waters # Marine segment revenue # 129 vessels # Fleet