IMC to build liquid cargo berth at Vizag Port
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PORTS & SHIPPING

IMC to build liquid cargo berth at Vizag Port

01 Sep 2010 1 Min Read Editorial Team
Visakhapatnam Port will enter into a partnership with IMC (Indian Molasses Company) to construct a liquid cargo berth at its inner harbour. The project will be based on public-partnership model. IMC will invest around Rs 55 crore to set up the 160 m berth and other handling equipment on a DBFOT (design, built, finance, operate and transfer) basis. The berth will have a capacity to handle 1.5 mtpa of liquid cargo.

Visakhapatnam Port will enter into a partnership with IMC (Indian Molasses Company) to construct a liquid cargo berth at its inner harbour. The project will be based on public-partnership model. IMC will invest around Rs 55 crore to set up the 160 m berth and other handling equipment on a DBFOT (design, built, finance, operate and transfer) basis. The berth will have a capacity to handle 1.5 mtpa of liquid cargo.

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