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


The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

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
Real Estate

Ahmedabad civic body's approves changes to Makarba TP scheme

The civic body's town planning committee has approved changes to the Makarba town planning (TP) scheme 204, covering plots designated as R3 (Residential-3) zone in the western part of Ahmedabad. According to sources, a significant change has been approved, allowing development permission for plots of 300 sq m in the R3 zone. Previously, the minimum area required for development in the R3 zone was set at 1,000 sq m after the implementation of Comprehensive General Development Control Regulations (CGDCR) in 2017, but construction was permitted on plots of 500 sq m. Now, development permission w..

Next Story
Real Estate

NAREDCO and FSAI ink MoU

The National Real Estate Development Council (NAREDCO) on October 5 said that it has signed a Memorandum of Understanding (MoU) with the Fire and Security Association of India (FSAI) to collaborate on improving fire safety, life safety, and security standards in India's real estate sector. The partnership aims to foster the exchange of knowledge, expertise, and technical advancements in fire protection, life safety, and security systems for the benefit of real estate stakeholders across the country, NAREDCO said in a statement. “The MoU with FSAI establishes a more integrated approach to r..

Next Story
Real Estate

Ahmedabad civic body to finalise land deal with LuLu

The Ahmedabad Municipal Corporation (AMC) had recently sold a large plot of land to LuLu International Shopping Malls Pvt Ltd for a staggering Rs 5.19 billion. However, the civic body was unable to provide full possession of the land to the buyer as it did not have ownership of the plot. The proposal for the deal states that a 66,168 sq m plot in Chandkheda was sold to LuLu International Shopping Malls Pvt Ltd at the rate of Rs 78,500 per sq m. However, approximately 10,672 sq m of this plot was under cultivation, and the Ahmedabad Municipal Corporation was yet to obtain full possession of t..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000