VPT third major port in country in cargo traffic- The New Indian Express

Read Time1 Minute, 41 Second

By Express News Service

VISAKHAPATNAM: The Visakhapatnam Port Trust (VPT) stood third among major ports in cargo traffic during April to July in the current financial year. The VPT  moved to 3rd position from 4th position it got in the last financial year 2018-19.

The VPT handled cargo traffic of 23.70 million tonnes during April to July 2019 as compared to 21.52 million tonnes of corresponding  period of previous year; thus, an incremental volume of 2.18 million tonnes is achieved. The growth of more than 10 per cent achieved by the VPT is the highest among major ports.

Increase in volumes of iron ore and pellets, coking coal, crude oil and petroleum products and container cargo have collectively contributed   to the growth in traffic at the VPT. Cargo traffic handled at Visakhapatnam Port is continuing to be on growth trajectory for the  fourth consecutive year.

The Trust has constituted a Business Development Team and adopting innovative marketing strategies. The VPT has taken up providing  end-to-end logistics solutions to its customers. An MoU was signed on Saturday with Tangedco for undertaking end-to-end service of transportation of coal from mines to the power plant in Tamilnadu. The logistic solution include undertaking services outside  the State.

The VPT’s boundary by monitoring wagon loading at mine heads, liaising with railways for transportation to the port besides  providing port services like unloading from rakes, storage of cargo and loading into ships.

Similar end-to-end service is offered for coal transportation to the Nagarnar steel plant of NMDC which is actively pursued. These  measures are yielding positive results.Meanwhile, VPT chairperson Rinkesh Roy congratulated the VPT team, PPP operators, stevedores, shipping agents and the  stakeholders for the achievement. He expressed confidence that the port will continue the buoyancy and retain the third rank by  the end of the year and also expressed hope that the port will be able to reach 70 million tonne mark.

Source link

0 0
Next Post

CPI leader consoles families- The New Indian Express

By Express News Service ONGOLE: Communist Party of India (CPI) State secretary K Ramakrishna on Saturday visited families of several farmers who had committed suicide in the district. He consoled seven families who had lost their breadwinners at Santhi Nagar village in Ballikurava mandal, Addanki, Korisapadu, Gudipadu, Vinodarayudu Palem, K […]