: The projects are worth Rs 85.83 crore under Sagarmala
Tag: Visakhapatnam Port
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New Dredging Corp. chairman takes charge
K Rama Mohana Rao has taken charge as Director & Chairman of Dredging Corp. of India Ltd (DCIL). This is in addition to his present post of Chairman, Visakhapatnam Port Trust.
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Now, Vizag Port can handle Panamax vessels
In order to handle Panamax vessels in the Inner Harbour, Visakhapatnam Port has decided to add two more hi-tech 100-tonne harbour mobile cranes costing around Rs 35 crore each .
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Cargo traffic at major ports up by 5.04% in April-December
Cargo traffic rose by 5.04 per cent to 433.86 mt at 12 major ports during April-December 2014 as compared to the same period of previous year. These Centre-run ports had handled 413.06 mt of cargo during April-December 2013.
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AP advised to improve capacity of existing ports
The East Coast Maritime Business Summit has cautioned that it is as important to build the supporting infrastructure for speedy cargo evacuation from ports as to build new ports or to add to the capacity of the existing ones, as otherwise ports will merely become stockyards.
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Vizag Port gets dedicated berth for coastal cargo
Visakhapatnam Port is planning to develop a dedicated berth for coastal shipping within six months, which will help to save time in handling coastal cargo, according to the Chairman MT Krishna Babu.
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DCI to dredge at Vizag port
Cargo handling is likely to go up significantly at Visakhapatnam port with the authorities deciding to issue work order to Dredging Corporation of India (DCI) for dredging in the northern arm.
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MoEF questions new port project in Nellore
The Ministry of Environment and Forests (MoEF) has questioned the rationale behind setting up a new port in Nellore district of Andhra Pradesh when a major port is already located there.
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Vizag port handles 58 mt in 2013-14
The Visakhapatnam port has handled a little over 58 million tonne of cargo during 2013-14. The port has suffered loss of cargo during the past few years due to several reasons. Stiff competition from the neighbouring ports, the many ongoing projects in the port in
recent years affecting cargo-handling and the fall in iron ore exports are some of the main reasons for slump in the fortunes of the port.
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Essar Ports to invest in Vizag port
For development and operation of three iron ore berths at Visakhapatnam Port, the Essar Vizag Terminals has entered into an agreement with the Visakhapatnam Port Trust. It is to invest Rs 1,200 crore in the project and to be developed on a build-own-operate basis over 30 years. With a combined capacity of 23 million tonne the three berths (two outer harbour berths and one inner) will have a combined capacity of 23 million tonne per year.