Adani Ports Ventures into Europe with Astro Offshore Expansion

Adani Ports and Special Economic Zone Ltd has announced an ambitious plan to invest ₹13,000 crore by the fiscal year 2031 to expand its marine operations in Europe.

The venture hinges on a strategic collaboration between Adani's Astro Offshore platform and Oceaneering International Inc., signaling the company's foray into specialized subsea and ultra-deepwater activities.

The company anticipates deploying a 200-vessel fleet to deliver advanced offshore services, representing a significant milestone in its journey to establishing one of the world's largest integrated marine platforms, combining engineering prowess and logistics capabilities.

(With inputs from agencies.)