Krishnapatnam Port wins big at CII EHS awards
The Dollar Business Bureau Krishnapatnam Port has been recognized as an engine driving the economic growth in Andhra Pradesh and as a port that sets new efficiency and operational benchmarks in the Indian port sector. KPCL being a National asset, strongly believes that its contribution is not only towards the economic growth of the country but also in improving standards of living of the Society and be a change agent in protecting the environment through sustainable practices, which are well beyond the statutory requirements. This core belief and sustainable practices of KPCL were recognized by India’s renowned industrial body – CII at its SR Excellence Awards for 2015-16 held in Chennai on 8th July 2016. Krishnapatnam Port won two awards including the First place ...
Krishnapatnam Port launches new services
The Dollar Business Bureau As part of its expansion plans, Krishnapatnam Port is coming up with more number of container terminals. The port has recently launched the weekly service of a container, M V Maersk Bentonville that directly plies between Krishnapatnam and Salalah (Oman). The container will be servicing the importers and exporters of Telengana, AP, Karnataka and Northern Tamil Nadu to the ports of Africa, Europe, Mediterranean and the US East Coast. The Salalah – Krishnapatnam Port service will greatly minimise the cost and transit time in the ports that come during the course of its journey. This will be advantageous to the Krishnapatnam Port Container Terminal (KPCT) customers. The Salalah – Krishnapatnam Port service will also get a boost from ...
Krishnapatnam Port plans to become Indias largest container terminal by 2020
Sisir Pradhan | @TheDollarBiz Krishnapatnam Port, on the eastern coast of India, plans to become the single largest container terminal in India by FY2020 with a total annual capacity of 6.0 million TEUs, up five-times from the current capacity of around 1.2 million TEUs per annum, Krishnapatnam Port Company Limited CEO Anil Yendluri told The Dollar Business. According to the Ministry of Shipping, global container throughput will reach 1 billion TEUs by 2020 and India’s container traffic (excluding transshipment) is likely to grow between 18% and 23% in the next 4-5 years. The growth in container traffic exhibits a strong linkage to GDP growth and most developing container traffic at Indian ports has registered growth at a CAGR of ...
