Visakhapatnam Container Terminal Private Limited, a BOT operator of Visakhapatnam Port Trust (VPT), which runs the country’s deepest container terminal, has set March, 2021 as the deadline for completion of its expansion project.
“We are confident of increasing the capacity from 0.6 million twenty foot equivalent units to 1.5 million TEUs per annum after launching the work on a war footing,” a senior official of VCTPL told The Hindu.
He said they would make VPT’s dream to transform the major port into a transhipment hub true by making it a gateway port for several countries in the region. Shipliners like Maersk are also evincing lot of interest to scale up their operations due to locational advantage of Visahapatnam Port.
Read more on The Hindu.