Visakhapatnam Port is one of the leading major ports in India. The port is located in the east coast of India. The port has three harbours viz., outer harbour, inner harbour and fishing harbour. The port has 24 berths. Passenger ship from Vizag port to Port Blair (Andaman Nicobar Ilands).
Visakhapatnam Port Trust has mooted construction of an elevated freight corridor from VCTPL near Fishing Harbour to Convent Junction to decongest city roads. VPT Chairman M.T. Krishna Babu says funding for the project will be sought under Sagarmala project. A flyover up to a length of eight km is proposed to decongest traffic via Three Horse Junction, St. Aloysius School Junction and seven-metre high compound wall of the port.
In a significant development, Visakhapatnam Port Trust (VPT) has sought funding for an elevated freight corridor (EFC) under the ambitious Sagarmala project of the Central government to decongest traffic on National Highway. The project, which is in conception stage, envisages laying corridor linking Port Connectivity Road, Gangavaram Port and join highway on Anandapuram-Anakapalle route via Sabbavaram to ensure speedy evacuation of cargo. The project will cost around Rs.800 crore.“We have submitted a report to the Centre. Depending on the response, the modalities will be worked out for implementation of the project mainly aimed at avoiding choking of highway in the city limits,” Visakhapatnam Port Chairman M.T. Krishna Babu . Visakhapatnam Port Trust, one of the 12 major ports in the government sector, is investing huge amount mostly in PPP mode to achieve a cargo handling capacity of 125 million tonne in next three years.
Visakhapatnam Port Trust is planning to set up a Multilevel Logistics Park near Anakapalli in a 400 acres of land with a capital cost of Rs. 500 crores, which will be the first Logistics park in the East Coast of India. This park will be useful for storage/distribution of items imported from Singapore, Malaysia, Japan, South Korea, New Zealand and Australia to the various destinations in the Country. It also fulfil the market needs of 7 States within the range of 600 Kms from Visakhapatnam. 25 Kms long railway line also to be laid from the Vizag Port to the proposed logistics park. In this Logistics park, facilities like warehousing, cold storage, assembling, packing units facilities also to be provided. With this proposed International Standard Logistics Park, Visakhapatnam will become the International Business Center. Government of Andhra Pradesh has allotted 400 acres land to Visakhapatnam Port Trust for setting up Logistics Park near Anakapally.
In a landmark achievement, Visakhapatnam Port Trust received a fully laden gearless Panamax vessel with a draft of 14 metres in the inner harbour on Monday (28.09.2015), signalling the completion of long-awaited capital dredging. This is a highly challenging task involving rock dredging because of which the project conceived 2009 got delayed. This is, perhaps, the first-of-its-kind in the world going by the need for large volume of rock dredging for which several foreign companies had expressed apprehensions over its success.
The Visakhapatnam Port Trust recorded a cargo of 58.04 MT during the Financial Year 2014-15 retaining its fifth rank among other ports with Kandla occupying the top spot followed by Paradeep, JNPT and Mumbai.
06.04.2016 : Ministry of Environment and Forests has approved the expansion of container terminal. The estimated project cost is Rs. 633.11 crore and the work will be commenced soon. Visakha Container Terminal Pvt Ltd (VCTPL) will take up this project. Also, Vizag Port proposed to modernize the Oil Refinery berths OR1 and 2 with an estimated project cost of Rs. 200 crore in the next two to three years.
16.04.2016 : The Maritime India Summit, 2016 in Mumbai proved to be a big boost to the Visakhapatnam Port Trust as it has signed five MoUs with various organisations on Friday. The MoUs and the modernisation programme of the port would boost its capacity to 125 MT in the near future. The MoUs were signed by Deputy Chairman of VPT with representatives of the organisations in the presence of Union Minister for Shipping Nitin Gadkari, Secretary to Ministry of Shipping Rajive Kumar and Chairman of VPT M.T. Krishna Babu.
The VPT has signed an MoU with Visakha Container Terminal Pvt Ltd. for establishment of second container terminal with an investment of Rs. 633 crore on PPP mode and entered into another MoU with HPCL on allotment of land for expansion of the latter’s refinery capacity.
The third MoU was with ITD Cementation for reconstruction of EQ2 to EQ5 berths . The project is expected to be completed in the next 24 months. VPT and a JV between it and NHAI, the Visakhapatnam Port Road Company, agreed on an MoU for extension of the two-lane road connectivity to NH-16 into four lane . The fifth MoU was between VPT and Balmer & Lawrie for establishing Multimodal Logistic Park on 100 acres of VPT land.
25.05.2016 : Vizag Port Trust Chairman Mr. Krishna Babu said that Two Heavy Flyovers to be constructed in Vizag Smart City under Sagarmala Project. Central Govt has agreed in principle for this project and the Detailed Project Report (DPR) will be ready by next month end. 1. Convent Junction to inside the Port for free flow of heavy vehicle traffic into the Port, with an estimated cost of Rs. 100 crores. 2. Sheelanagar to Sabbavaram, 13 kms, with a cost of Rs. 500 crores, which is to be linked with the proposed Anandapuram to Anakapally 6 lane National Highway (NH-16) bypass road.
14.10.2016 : The port handled 30.67 million tonnes in the first half of current financial year compared to last year’s 27.64 million tonnes. The marginal increase in throughput and completion of mechanisation of some of the berths has also given the hope that the port would achieve 61 million tonnes target set by the Ministry of Shipping for the current year 2016-17. The total cargo handled last year 2015-16 was 57.03 million tonnes.
21.11.2016 : 21.11.2016: Four VPT berths set for ‘makeover’. As part of its modernisation move, the Visakhapatnam Port Trust (VPT) has started the process of decommissioning the four berths from EQ 2 to 5 and constructing two new berths in their place in the inner harbour of the major port. The contract for decommissioning of four old berths and construction of two new berths has been awarded to ITD Cementation, VPT officials said, adding that the work is expected to be completed in the next two years. VPT sources said that initially EQ 2 and EQ 3 are being decommissioned.