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Updated: Ranks third among major ports for second successive year Share Article AAA VPT has signed about 27 MoUs worth around ₹28,875 crore and ongoing projects are on schedule, says its Chairman K. Rama Mohana Rao. | Photo Credit: DEEPAK KR Ranks third among major ports for second successive year The Visakhapatnam Port Trust grossed up 69.84 million tonnes for the fiscal 2020-21, which is about 4% less than that of the previous year’s 72.72 million tonnes. Of the 69.84 MT, about 38.73 MT were imports and 30.08 MT were export cargoes. The remaining was under transhipment, as year the closed. Addressing the annual press conference here on Saturday, the Chairman of VPT, K. Rama Mohana Rao, said that despite COVID-19 pandemic hitting the all-round trade, the port was able to come close to its target and was successful in keeping its third position among major ports intact for the second successive year. This was also the third highest annual ca ....
Andhra Pradesh: Visakhapatnam Port Trust Signs Pacts Worth Rs 30,000 Crore For Expansion Plans A ship anchored at Visakhapatnam Seaport (Abhijit Bhatlekar/Mint via Getty Images)Â Ahead of the Maritime India Summit 2021 which is scheduled to begin from 2nd March, the Visakhapatnam Port Trust (VPT) on Friday (26 February) has signed memorandum of understanding (MoUs) worth about Rs 30,000 crore with various industries and government agencies, reports The New Indian Express. The pacts were inked for capacity expansion, beach nourishment, development of fishing harbour, LPG plant and various other projects. Hindustan Petroleum Corporation Limited (HPCL), ArcelorMittal Nippon Steel India (AM/NS India), Dredging Corporation of India, JD Fisheries and Integral Logistics Services are some of the entities that have entered into an agreement with VPT. ....
DCI kicks off beach nourishment work for VPT dredgingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dredgingtoday.com Daily Mail and Mail on Sunday newspapers.