Adani’s Vizhinjam Port bags nod to run as a first Transshipment Hub in India

Adani’s Vizhinjam Port bags nod to run as a first Transshipment Hub in India

THIRUVANANTHAPURAM : After receiving the approval for being declared as a Customs-notified port earlier this week, Vizhinjam Port has received approval from the Ministry to operate as India’s first transshipment port. Current regulations require the shipping ministry’s nod to prevent competing projects from being permitted before capacity at operational ports is saturated.

“This approval paves the way for customs to set up an office…
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Source: https://indiashippingnews.com/adanis-vizhinjam-port-bags-nod-to-run-as-a-first-transshipment-hub-in-india/