To improve its capacity, the Visakhapatnam Port is to mechanise cargo-handling to face challenges from the private ports. It has also taken up nine major projects under the public-private partnership (PPP) mode, 2 of which have been finished and the rest being in various stages, said Deputy Chairman of the port GVL Satya Kumar.
Tag: GVL Satya Kumar
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Vizag Port to mechanise its cargo-handling
To improve its capacity, the Visakhapatnam Port is to mechanise cargo-handling to face challenges from the private ports. It has also taken up nine major projects under the public-private partnership (PPP) mode, 2 of which have been finished and the rest being in various stages, said Deputy Chairman of the port GVL Satya Kumar.
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Fall in Vizag port cargo handling in current fiscal
Visakhapatnam port's cargo handling has come down by by 1 million tonne during the current financial year compared to last year. The port Chairman GVL Satya Kumar attributed the dip in the cargo handling to fall in intake of iron ore by China, government restrictions on iron ore mining and slump in transshipment of petroleum products and crude during the year.