Visakha Container Terminal Pvt. Ltd (VCTPL) will finalize a consultant for designing layout and to construct a world-class berth as part of extension of the existing container terminal. It will finalize the tenders by August’15 and launch construction either by year-end or early January, 2016. The new project will be operational in mid-2017 with a capacity to handle 0.54 million TEU taking VCTPL’s total capacity to 1.2 million TEU.
Extracted from The Hindu, May 29,’15