DP World JV Visakha Container Terminal enjoys record year in 2011
2012 04 20
- Details
INDIA's Visakha Container Terminal (VCTPL), a joint venture of DP World and United Liner Agencies on the east coast of the subcontinent, has declared 2011 as a record year, hitting an all-time high volume of 234,733 TEU.
"We are very optimistic of reaching 350,000 TEU first and later achieving 500,00 TEU a year in a phased manner. Kolkata-Haldia transhipment cargo and local movement from hinterland have led to deployment of larger ships," Ravi Chander said in an interview with the Hindu daily of Chennai.
The drop in freight rates has made using containers for bulk cargo and for bringing cargo earmarked for other ports to Visakhapatnam viable, said Capt Chander with Kolkata-Haldia traffic, diverted to Visakhapatnam, adding to growth.
To meet future requirements, VCTPL is making an effort to develop an additional berth with a length of 350 metres to handle 350,000 TEU a year, said the report.
The length will subsequently go up to 500 metres in the next phase. A quay length of 350 metres with 16.5 metres alongside will enable handling two big ships simultaneously.
Source Shipping Gazette - Daily Shipping News
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