Visakhapatnam Port Authority has secured a 30-year concession with Vizag Multipurpose Terminal, an equal joint venture between JM Baxi Ports & Logistics Limited and Indian Potash Limited. The project includes mechanization of the EQ-07 berth in PPP mode for handling fertilizers and other bulk cargo.
In PPP with Visakhapatnam Port Authority (VPA), Visakha Multipurpose Cargo Terminal is a 50:50 joint venture between JM Baxi Ports & Logistics and Indian Potash Limited. The terminal is located at berth East Quay 07 (EQ-07) with a quay length of 255 metres. It has an available draft of 14.5 meters and can handle Panamax vessels up to 70,000 DWT and 240 meters LOA.
As a multipurpose bulk terminal, it will be able to handle all dry bulk cargo, including a state-of-the-art mechanized fertilizer handling facility. The automatic conveying, bagging and rail loading facility makes the fertilizer import handling system efficient and environmentally friendly. The terminal enjoys the advantage of the Port of Vizag’s strategic location and excellent rail and road connections to the hinterland.
Planned start: September 2025
Source: www.maritimegateway.com
Share it now
More Stories
Hyundai to retrofit CoolCo’s LNG carriers with reliquefaction units.
Survitec Launches Interactive Safety Management Solution for Onboard Fire Protection.
SHI’s Hull Stress Monitoring System receives ABS SMART approval for ship safety.