Adani Ports Ventures into Europe with Astro Offshore Expansion

Adani Ports and Special Economic Zone Ltd is set to invest ₹13,000 crore by FY31 to expand its marine business into Europe. Through its Astro Offshore platform, in partnership with Oceaneering International Inc, the company targets ultradeepwater operations and plans to create a fleet of 200 vessels.

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.