Thiruvananthapuram (Kerala), May 02 2025 (ANI): On the impact of tariffs, Karan Adani, MD of Adani Ports & Special Economic Zone Ltd, said, "Any disruption in trade routes definitely impacts shipping lines and the movement of cargo. In that way, some of the transhipment points actually benefit from disruptions because, shipping lines will have to re-route some of the cargo. That is from a transhipment perspective. I think from a trade perspective, we are seeing that a lot of manufacturing is moving into India and the export boxes increasing from India to US..."
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00:00Any disruption in trade routes definitely impacts shipping lines.
00:09In that way, some of the transshipment points actually benefit from disruptions
00:17because end of the day, shipping lines will have to reroute some of the cargo.
00:23So that is from transshipment perspective.
00:25But I think from a trade perspective, what we are seeing is a lot of manufacturing moving into India.
00:34The export boxes increasing from India to U.S. I would say.
00:43Where has some impact on the tariffs? What do you feel? What is coming as a result of the tariffs?
00:48In terms of trade?
00:49Yeah, in terms of trade transshipment as well.
00:51So, any disruption in trade routes definitely impacts shipping lines
01:02and impacts the, I would say, the movement of cargo.
01:09In that way, some of the transshipment points actually benefit from disruptions
01:18because end of the day, shipping lines will have to reroute some of the cargo.
01:25I think, so that is from transshipment perspective.
01:28But I think from a trade perspective, what we are seeing is a lot of manufacturing moving into India
01:37and the export boxes increasing from India to U.S. I would say.
01:47So, the primary reason for setting up this terminal is to get Indian transshipment containers that were going via Colombo to the Danfiel.
01:54So, has that really materialized in the sense that out of the 6 lakh TUs, how much of it has been Indian transshipment cargo?
02:02It's just, we've just started, but in our view, give us another year, I think we will be, you will actually see the full-blown effect of transshipment, Indian cargo getting transshipment over here.
02:18We're still in a starting stage.
02:21Right.
02:22We're still in a start-up stage.
02:23Right.
02:24So, my request is don't take the start-up stage as an extrapolated going forward.
02:30Right.
02:31It is, give us some, I think give us a year, we will see, actually eventually you will see that all Indian cargo will get transshipment over here rather than predominantly international cargo.
02:46What is the end of the capacity you are looking at, like TUs?
02:51In phase 1, phase 2?
02:53When it comes to 2098?
02:55We will, we are targeting 5 million TUs of capacity.
03:01By when?
03:032028.
03:0420?
03:0528.
03:062028.
03:07And what is your plan till you are going at, what is your ultimate, what you are trying to achieve from here?
03:14Sorry?
03:15What is your ultimate plan for this port?
03:18Where do you see it?
03:20So, our target is we want to reach not just the capacity but the volume to hit that.
03:26And I think more importantly we want, ultimate goal is it has to help in terms of reducing the shipping cost for the Indian exporters and importers.
03:37And that is our ultimate goal, that how do you help in reducing the transit time, how do you help in terms of reducing the logistics cost for the end consumer.
03:48Because once that happens, the volume will keep increasing, our competitiveness in the global scale will keep increasing.
03:54So that is the ultimate goal.
03:56So that is the ultimate goal.
03:57Let's take a look at this point.
03:58.