The newly commissioned single point mooring (SPM) berth at Visakhapatnam port may save over Rs 180 crore annually for the public sector refinery Hindustan Petroleum Corporation Ltd (HPCL). The earlier berth at Vizag port could handle only up to 150,000 tonne capacity ship tankers to unload crude oil. As a result, HPCL had to hire only small capacity ships to import crude oil, the freight charges of which were very high in the international market.

Contact: Hindustan Petroleum Corporation Ltd.
Tel: 022- 2286 3900.
Website: www.hindustanpetrole um.com