Shipping Minister Inaugurates Visakhapatnam Projects
PORTS & SHIPPING

Shipping Minister Inaugurates Visakhapatnam Projects

The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, officially dedicated projects worth Rs. 216 crore in Visakhapatnam to the nation on Monday. These projects included the state-of-the-art Vizag International Cruise Terminal (VICT).

Additionally, the Minister inaugurated the Covered Storage Shed-2 in the Port area, a Truck parking terminal, and an Oil refinery berth, all aimed at enhancing the capacity of the Vizag Port (VPA) with the goal of transforming it into a regional hub for both cruise and cargo traffic in the near future. During his address at the event, Sonowal emphasized the significance of a development strategy centered around our ports to achieve this vision. He reaffirmed the commitment to modernize, equip, and empower our ports to play a pivotal role in the development of the region.

Sonowal also highlighted significant achievements in the sector, noting that before 2014, the cargo handling capacity stood at 821 million metric tons (MMT), and it has now surged to 1681 MMT across 12 major ports, more than doubling our capacity within nine years. Furthermore, the Minister mentioned a substantial improvement in cargo unloading efficiency, reducing the time it takes to unload cargo from a ship from 44 hours before 2014 to the current 26 hours, as per an official release.

See also:
Centre to fund nearly 30% of national green shipping ventures
Karnataka plans to develop two greenfield ports


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, officially dedicated projects worth Rs. 216 crore in Visakhapatnam to the nation on Monday. These projects included the state-of-the-art Vizag International Cruise Terminal (VICT). Additionally, the Minister inaugurated the Covered Storage Shed-2 in the Port area, a Truck parking terminal, and an Oil refinery berth, all aimed at enhancing the capacity of the Vizag Port (VPA) with the goal of transforming it into a regional hub for both cruise and cargo traffic in the near future. During his address at the event, Sonowal emphasized the significance of a development strategy centered around our ports to achieve this vision. He reaffirmed the commitment to modernize, equip, and empower our ports to play a pivotal role in the development of the region. Sonowal also highlighted significant achievements in the sector, noting that before 2014, the cargo handling capacity stood at 821 million metric tons (MMT), and it has now surged to 1681 MMT across 12 major ports, more than doubling our capacity within nine years. Furthermore, the Minister mentioned a substantial improvement in cargo unloading efficiency, reducing the time it takes to unload cargo from a ship from 44 hours before 2014 to the current 26 hours, as per an official release. See also: Centre to fund nearly 30% of national green shipping venturesKarnataka plans to develop two greenfield ports

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement