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In October last year, a ship owned by Adani Ports slowed to less than one knot near Malta. It held that position for over seven days, directly above the cables linking Malta to Sicily. It was no accident.
India's largest private port operator has quietly built a fleet of more than a hundred vessels across 12 countries. Their job is servicing the world's offshore energy infrastructure. The business grew 134% in a single year.
Ports made Adani rich. But there are only so many ports you can build.
What the conglomerate does next may depend on waters far from any dock.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
India's largest private port operator has quietly built a fleet of more than a hundred vessels across 12 countries. Their job is servicing the world's offshore energy infrastructure. The business grew 134% in a single year.
Ports made Adani rich. But there are only so many ports you can build.
What the conglomerate does next may depend on waters far from any dock.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Creators and Guests
What is Daybreak?
Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.
Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.