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Visakhapatnam Port Trust to ramp up cargo handling capacity

Despite the pandemic, the port saw a 9% increase in cargo operations in August

Govt's Rs 2,500 cr port development plan gains traction

India plans to develop seven operational cargo berths by private companies

Gammon infrastructure to sell stake in Vizag Seaport

Gammon infrastructure plans to sell stakes in Vizag Seaport

Visakhapatnam Port Trust to develop cruise terminal

The Visakhapatnam Port Trust (VPT) will set up a cruise terminal at the green channel in the port close to the Vedanta and Adani berths in August at a cost of Rs.1.03 bn.

Visakhapatnam Port Trust to develop Rs 103 cr cruise terminal

The project will be taken up after submission of detailed project report by IIT Chennai

VPT plans to set up new conveyor system

The Visakhapatnam Port Trust (VPT) is mulling plans to construct a closed conveyor facility for handling coal and to avoid the movement of vehicles carrying coal near Jnanapuram Bridge as part of pollution control measures.

Land approval awaited for Vizag Port

The Visakhapatnam Port Trust (VPT) has been awaiting approval from the Greater Visakhapatnam Municipal Corporation to rezone the land in the city for commercial development under the public private partnership model.

Visakhapatnam Port Trust terminal to be extended

Works for extending the container terminal at Visakhapatnam Port Trust terminal is expected to begin soon.

Vizag Port to commence cruise, cargo terminal works

Vizag Port will take up the construction of a cruise and coastal cargo terminal worth Rs 770 mn in the coming months, with financial assistance from the Centre. The Ministry of Tourism has reportedly agreed to bear half the cost needed for the project as a grant.

Bail-out plan for stressed PPP projects

The Shipping Ministry has approved a bail-out plan for stressed public-private partnership (PPP) projects of major port trusts, in addition to identifying stressed projects.

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