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VCT sets a new high

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The container terminal of Visakhapatnam port authority reported a 28% increase in BOX volumes to reach 6.65 Lakh TEU’s.

This is the highest number of TEUs that the terminal has handled since its inception in 2003.

VCT has seen its container traffic grow over the past 2 fiscals by handling 527117 TEUs in FY 23 and 511794 TEUs in FY 22.

It has been informed that the Port has withdrawn Priority Berth Hire Charges, extending concession on Vessel Related Charges up to 70% and additional 10% rebate on VRC for encouraging Transhipment.

The terminal operator M/s. JM Baxi and VPA have also been jointly conducting customer meets for attracting potential customers.

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