The terminal loaded 1,65,000 MT of iron ore on M V Star Eleni vessel
Tag: Vizag Port
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Vizag Port to run on solar power from next month
Vizag port in APis set to run its entire operations on solar power from March, its chairman MT Krishna Babu said. Visakhapatnam Port Trust has commissioned 2 MW solar capacity and will add another 8 MW by March 20, he said.
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IL&FS Maritime Infrastructure
Indian Ports comprising 13 Major and 187 Non Major ports form the backbone of the EXIM trade in India and handle 95 per cent by volume and 70 per cent by value of the trade.
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Radiological Detection System at Vizag port
In a first of its kind in India, Visakhapatnam Port Trust has installed Radiological Detection System worth Rs 1.25 crore at East Quay-7 in order to screen entry of vehicles with radioactive contamination.
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Vizag port operations resumed
The Vizag port has resumed normal cargo-handling operations and is taking steps now to restore some of the damaged installations, according to the Port Chairman MT Krishna Babu.
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India awards 13 port projects during April-Nov
During the last April-November period, the Union Shipping Ministry has awarded 13 port projects with a total capacity of 80 million tonne (mt). Last year, the Centre had awarded 14 PPP port projects. This is 30 per cent less than the total capacity of 114 mt awarded last year at an investment of Rs 5, 515 crore.
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Vizag port offers sops to customers to beat competition
Private ports in Andhra Pradesh are giving a tough competition to the government-owned major port, Visakhapatnam or Vizag port. Gangavaram and Krishnapatnam are the two private ports in the state's east coast and their competition has caused a fall in Vizag airport's iron ore exports in recent times. Visakhapatnam port is mainly dependent on bulk cargoes. However, Gangavaram port is grabbing a sizable chunk of cargo of Vizag port's business.
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Vizag to implement ` 20 billion worth projects through PPP route
Ajeya Kallam, Chairman of Vizag Port informed that the port expects to complete Rs 2,000 crore worth of capacity augmenting projects through public-private partnership mode by 2015-16.
Through these projects, the port authority plans to raise its cargo handling capacity to 140 million tonne from the present 66 million tonne. Of the nine projects, the port has already taken up six under the PPP mode with an investment of Rs 1,500 crore, he said.
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Vizag vs Gangavaram
The Visakhapatnam port has improved its performance from the last financial year, but it is still likely to fall short of the target set by the Union Shipping Ministry.