Vizhinjam port's phases to be completed by 2028, work to start in October

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Vizhinjam port's phases to be completed by 2028, work to start in October - Business Standard

Quick Summary:

This is India's first transshipment hub and first deepwater container terminal and according to a Bloomberg report, APSEZ itself will be investing around Rs 10,000 crore in the project.

I am delighted to announce that, as soon as we receive the environmental clearance and other regulatory approvals, the Adani Group will begin work immediately on the port’s remaining phases – and this could begin as early as October this year,” he added.

San Fernando, the 300-meter-long container vessel operated by Maersk with a capacity of 8,000-9,000 TEUs (twenty-foot equivalent units), will be availing the services at the port to offload about 2,000 containers and for 400 container movements within the vessel.