• India
  • May 02
  • Sreesha V.M

PM Modi commissions Vizhinjam seaport

Prime Minister Narendra Modi officially commissioned the Vizhinjam International Seaport in Thiruvananthapuram, which was completed at an estimated cost of Rs 8,800 crore.

Vizhinjam International Seaport

• Vizhinjam International Deepwater Multipurpose Seaport is the country’s first dedicated container transshipment port.

• Vizhinjam Port is a strategic maritime project near Thiruvananthapuram in Kerala. 

• The deepwater port has been developed by Adani Ports and Special Economic Zone Ltd (APSEZ), part of the Adani Group, under a public-private partnership.

• The world class, future ready port is closest to the international shipping routes. 

• It has a natural draft of 20-24 m and minimal littoral drift. Some of the largest container vessels in the world will be able to dock here. 

• Vizhinjam Port offers large scale automation for quick turnaround of vessels with state-of-the-art infrastructure to handle megamax containerships. 

• The port is expected to transform India’s role in international trade and shipping.

• Vizhinjam’s strategic location near international shipping routes significantly reduces transit times for vessels, making it a pivotal point for maritime trade.

• The development of the Vizhinjam Port is poised to boost Kerala’s economic growth by creating jobs, enhancing trade, and attracting investments. 

• Vizhinjam Port, having strategic importance, has been identified as a key priority project which will contribute in strengthening India’s position in global trade, enhance logistics efficiency, and reduce reliance on foreign ports for cargo transshipment. 

• Vizhinjam is set to become a key player in regional trade, potentially serving as a gateway for commerce between Southeast Asia, the Middle East, and Africa.

Why India needs deepwater container transshipment port?

• India has 12 major ports, but lacks a landside mega-port and terminal infrastructure for ultra-large container ships.

• As a result, nearly 75 per cent of India’s transshipment cargo is handled at ports outside India, primarily in Colombo, Singapore, and Klang.

Developing a port into a transshipment hub offers several benefits:

i) Forex savings

ii) Foreign direct investment

iii) Increased economic activity at other Indian ports

iv) Development of related logistics infrastructure

v) Employment generation

vi) Improved operational/logistics efficiencies

vii) Increase in revenue share.

viii) It also stimulates related businesses, including ship services, logistics, and bunkering.

ix) A deepwater container transshipment port can attract a significant share of the container transshipment traffic currently diverted to Colombo, Singapore, and Dubai.

(The author is a trainer for Civil Services aspirants.)

Notes