Adani Ports and Special Economic Zone said on Tuesday its marine platform Astro Offshore has partnered with US-based engineering and applied technology firm Oceaneering International, to expand into Europe’s specialised subsea and offshore services market, as the Indian ports-to-logistics conglomerate targets Rs 13,000 crore in capital expenditure by FY31 to build a 200-vessel global marine fleet.
The partnership marks APSEZ’s entry into specialised subsea operations in Europe and forms part of the company’s broader strategy to build one of the world’s largest integrated marine platforms spanning offshore logistics, underwater engineering and deepwater infrastructure services.
