After giving relaxation in coastal shipping rule to Vallarpadam port in Kerala a year back, Adani Ports and Visakha Container Terminal are still are also waiting for the Union Shipping Ministry to relax the stringent coastal shipping rule that has the potential to double their transshipment business.
Tag: Visakha Container Terminal
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Vizag port to get Rs 633 cr container terminal
Visakhapatnam Port has revised plans to finalise bids for extension of the existing container terminal at a cost of Rs 633 crore.
After scrapping the Letter of Award issued to Visakha Container Terminal to extend existing terminal following serious differences over sharing of revenue, the board of trustee of the port decided at its recent meeting to issue Request for Proposals (RFP) among seven firms who were declared qualified.
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VPT to shortlist bidders for berth project
Reports suggest that the Visakhapatnam Port Trust would examine the seven bids received for the Rs 300-400 crore second container berth project and would short