Thursday, September 17, 2026

Adani Ports arm incorporates 100% subsidiary in UAE for offshore marine operations

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Adani Ports and Special Economic Zone Limited on Friday (June 5) said its step-down subsidiary, The Adani Harbour International FZCO, has incorporated a wholly-owned subsidiary named Harbour International Shipping FZCO in the UAE.The company said Harbour International Shipping FZCO was incorporated on June 5, 2026.


According to the filing, the newly-incorporated entity will undertake ship management and operation activities. Adani Ports said the entity has been established to conduct offshore operations locally as part of the company’s marine strategy to diversify its fleet globally.Also Read: Adani Ports shares remain a ‘near-consensus buy’ among analysts after May update; check price targets

The company added that the development is aimed at supporting its plan to build an integrated marine platform while expanding the geographic reach of its marine business.

Harbour International Shipping FZCO has been incorporated with an authorised capital of 100 shares of AED 1,000 each. The Adani Harbour International FZCO, a step-down subsidiary of Adani Ports, holds 100% shareholding in Harbour International Shipping FZCO.This week, Adani Ports and Special Economic Zone Ltd said it handled cargo volume of 48.3 million metric tonnes (MMT) in May 2026, registering a 16% year-on-year increase.

Also Read: Adani Ports expands logistics footprint with ₹1,500 crore Jaypee Fertilizer deal

The growth was led by liquid cargo, which rose 33% year-on-year, and containers, which increased 17% from the year-ago period. For the year-to-date period ended May 2026, Adani Ports and Special Economic Zone handled cargo volumes of 91.4 MMT, up 15% year-on-year.

Container cargo volumes during the period increased 17% from a year earlier. The company said logistics rail volumes during May 2026 stood at 48,170 TEUs, down 19% year-on-year. Year-to-date logistics rail volumes stood at 96,660 TEUs, a decline of 18% from the corresponding period last year.

Shares of Adani Ports and Special Economic Zone Ltd ended at ₹1,823.10, up by ₹32.60, or 1.82%, on the BSE today, June 5.

Also Read: Adani Ports Q4 Results: FY27 revenue may grow up to 16% to ₹45,000 crore

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