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:
Avoid Tunnel Vision Syndrome
World Cement Association Founder Director to be star speaker at Indian Cement Review Conference 2023 at 14th Cement EXPO, Delhi
Jury selects Indian Cement Review award winners; Awards to be presented at Cement EXPO 2023
14th Cement EXPO to kick-start from Dec 14, 2023 in New Delhi
Indian road sector: Highway of economic growth
Innovations in CE to meet tomorrow’s infrastructure needs
Unlocking investment potential in the North East region
Why carbon data is the key to improving sustainability and reducing emissions
Infrastructure: The growth catalyst of Indian economy
Reinforcing compliance management in industrial estates
Digital twinning: Keeping structural designs alive in perpetuity
Innovative technologies to construct green resilient roads
Laying the concrete foundation for India’s economic triumph
Warehousing, now a serious player’s playground in India
Supply chain drives growth for India’s logistics sector
Wooing investors to unlock India’s infrastructure potential
NF Railway enabling sustainable infra growth of North East
Four pillars of development for India’s IT infrastructure
A deep dive into India’s four pillars of economy
Home » Vizag vs Gangavaram
Leave a Reply
You must be logged in to post a comment.