AHMEDABAD : The Adani Ports and Special Economic Zone (APSEZ), which operates the largest private multi-commodity port at Mundra, has tied up with one of the top ports in the US-the Port of Baltimore.
The tie up will help APSEZ gain access to the US port technology.
“With this Memorandum of Understanding (MoU), Mundra and other Adani Group-owned ports shall benefit in terms of technology upgradation or transfer from the US, which has been a leader in this sphere,” said APSEZ Director Mr. Malay Mahadevia.
A MoU was signed by Mr. Malay Mahadevia and Port of Baltimore Director Maritime Commercial Management Mr. Michael W Miller at the Adani House in the city, where top officials from both the ports were present.
US Under Secretary of Commerce for International Trade Francisco Mr. J Sánchez, who is currently leading the Ports and Maritime Technology Trade Mission to India, was also present.
“The tie up will also facilitate trade between Adani group-owned ports and Baltimore as the bilateral trade between the two countries grows,” said Mr. Mahadevia.
APSEZ was originally incorporated as Gujarat Adani Port Limited in 1998, which commenced commercial operations in October 2001.
Apart from the port at Mundra, it operates ports at Dahej and at Abbot Point in Australia.
The Port of Baltimore is ranked as the top port (for the first 11 months of 2011) among 360 US ports for handling farm and construction machinery, autos, trucks.
