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. At a target of 70 million tonne, the port is likely to finish 2-3 mt short. The port’s performance should be viewed in perspective, as it is facing stiff competition from Gangavaram port for the past two years. The new port has grabbed 5 mt or more of the cargo, which used to be handled by the Vizag port, coking coal imported by Visakhapatnam Steel Plant and other cargoes. Gangavaram port is conveniently located for VSP, and the port has also installed mechanised handling facilities. In spite of the loss of a substantial chunk of cargo, Vizag has done fairly well. It has taken up a number of projects, such as the upgrading of the outer harbour general cargo berth and construction of more berths in the inner harbour with private participation, to face the challenges posed by private ports.
FlashNews:
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Road construction industry to launch RAHSTA Expo 2024
Highways to Progress
We want to backward integrate to the maximum: TRSL
Embrace emerging financing architecture: IIFCL MD
Home » Vizag vs Gangavaram
Vizag vs Gangavaram
Ports & Shipping
April 1, 2011April 1, 2011
Leave a Reply
You must be logged in to post a comment.