11.4 C
Hamburg
Sunday, June 8, 2025
Home Port News Vizag Port Trust all set to become transhipment hub

Vizag Port Trust all set to become transhipment hub

With all-out efforts being under way to elevate its ranking to third position among major ports after Kandla and Paradip, the Visakhapatnam Port Trust has set in motion an exercise to emerge as a transhipment hub.

The VPT, which ranked fourth by handling a cargo of 65.30 million tonne during 2018-19, has already received 3.8 million tonne more than the corresponding period last year witnessing the highest growth rate among major ports in the country. “We are expecting to handle a throughput of 70 million tonne to take over third position during the current fiscal,” VPT Chairman K. Ramamohan Rao has told The Hindu.

As a preparation to become transhipment hub to handle mainland vessels with an overall length (LOA) of 397 metres to carry 15,000 to 16,000 containers from the present 320 LOA containing 6,000 to 7,000 containers, the VPT conducted simulation studies at FORCE Technology, Singapore, sometime ago which proved the scope for handling bigger size vessels technically viable.

Read more on The Hindu.





Latest Posts

Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...
error: Content is protected !!