The port is part of the Maritime Silk Road that runs from the Chinese coast to the Mediterranean, and via the Upper Adriatic region to Central Europe and the North Sea. MPSEZ expanded its port operations and changed its name to " Adani Ports and Special Economic Zone Limited" (APSEZ) on January 6, 2012. A service agreement was signed in 2008 with Maruti Suzuki India Ltd. Also in 2007, equity shares in MPSEZ were offered to the public and employees and were listed on the National Stock Exchange and Bombay Stock Exchange. A service agreement was signed with Tata Power to produce power for handling coal cargo imports. In 2007, two more berths for bulk cargo were added at Terminal II, and the terminal trial run operations began. and Adani Chemicals Limited were merged with Gujarat Adani Port Ltd., and the company name was changed to Mundra Port and Special Economic Zone Limited (MPSEZ) in 2006. A double-stack container train began to operate. Two new berths at Terminal II became operational to handle bulk cargo. It became India's first multi-product port-based special economic zone. The Mundra Special Economic Zone was incorporated in 2003. In late 2005, the single-point mooring became operational. In 2005, Adani Port Limited and Gujarat Adani Port Limited were merged. In 2003, a sub-concession agreement was signed to add a container terminal in the Port of Mundra, and the terminal began operating that year. In 2002, additional agreements were signed with Indian Oil Corporation Limited to set up a single-point mooring facility and handle crude oil at Mundra. signed an agreement with the Port of Mundra to handle crude oil in the port. In 2002, Guru Govind Singh Refineries Ltd. Also in 2001, the private Mundra- Adipur railway line was completed and in 2002, it was integrated with the Indian Railways. In 2001, the Port of Mundra signed a concession agreement with GMB for development, operation, and maintenance of the port at Mundra. In 1999, multi-purpose berths 3 and 4 opened at Terminal I. MT Alpha-2, a small tanker was the first ship anchored on 7 October 1998. In 1998, a joint-sector company, the Gujarat Adani Port Ltd., was incorporated and multi-purpose berths 1 and 2 at Terminal I began operating. In 1994, the Gujarat Maritime Board (GMB) approved setting up a captive jetty at the Port of Mundra. The combined company was renamed Mundra Port and Special Economic Zone Limited. Incorporated in 1998 as Gujarat Adani Port Limited (GAPL), the company began operating in 2001. The Port of Mundra is a private port and is also a special economic zone.
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