Adani Ports moves up as its arm wins 10-year marine services contract for Argentina`s first LNG export to India
Adani Ports and Special Economic Zone is currently trading at Rs. 1824.80, up by 1.70 points or 0.09% from its previous closing of Rs. 1823.10 on the BSE.
The scrip opened at Rs. 1818.25 and has touched a high and low of Rs. 1827.50 and Rs. 1802.20 respectively. So far 43578 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1843.10 on 27-May-2026 and a 52 week low of Rs. 1291.00 on 14-Aug-2025.
Last one week high and low of the scrip stood at Rs. 1,843.10 and Rs. 1,675.80 respectively. The current market cap of the company is Rs. 419769.83 crore.
The promoters holding in the company stood at 68.02%, while Institutions and Non-Institutions held 27.10% and 4.88% respectively.
Adani Ports and Special Economic Zone’s (APSEZ) step-down subsidiary -- The Adani Harbour International FZCO has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export, marking APSEZ's entry into South America and expanding its international marine services footprint.
The contract has been awarded to the Adani Harbour International FZCO through a consortium with Argentina-based Meridian Group following a global competitive tender process conducted by Southern Energy S.A. (SESA). The award strengthens APSEZ’s presence across international energy logistics value chains and underscores its growing capabilities in specialised marine services.
Under the agreement, the consortium will provide end-to-end marine services, including tugboat operations for LNG carriers, offshore logistics and supply support and crew transfer services. The scope will be supported by four high-specification tugboats, one anchor handling tug supply vessel and one crew boat.
Argentina is emerging as a major new LNG supplier, with agreements in place to support exports of up to 10 million tonnes (MT) annually to India from 2027. The Southern Energy FLNG project is expected to play an important role in connecting this growing supply base with global demand centres.
The Southern Energy FLNG project is being developed by SESA, a joint venture between Golar LNG and Pan American Energy (PAE). Located in the San Matias Gulf in Argentina’s Rio Negro Province, the project will liquefy natural gas from the General San Martin pipeline aboard the Floating Liquefied Natural Gas (FLNG) vessel Hilli Episeyo, with commercial operations expected to begin in September 2027.
