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Infrastructure Today Magazine | Navayuga Container Terminal crosses 500,000 TEU milestone

Navayuga Container Terminal crosses 500,000 TEU milestone

Web Exclusive  /  Apr 02, 2019

Navayuga Container Terminal (NCT) reached an important milestone by handling 500,000 TEU for the first time in a Financial Year. The half-millionth TEU was handled on vessel M.V. SSL Kutch. NCT witnessed stellar volume growth of almost 9-fold increase in the 5-year period starting from a modest 58,577 TEUs in FY 2013-14. Commenting on the development, Anil Yendluri, Director & CEO, Krishnapatnam Port said, “NCT has taken giant strides in getting established as a Transshipment Hub on the East Coast of India and we are working towards making it the Hub port in the Bay of Bengal.”

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  • Navayuga Container Terminal
  • TEU
  • Anil Yendluri
  • Krishnapatnam Port
  • Bay Of Bengal
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Three Lines Shipping says:
Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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