The stature of Visakha Container Terminal (VCT), the privately-run facility at State-owned Visakhapatnam Port Trust, is all set to be strengthened further.
For, container lines Hapag Lloyd, ONE, YML, COSCO and OOCL will jointly run a new direct service from VCT to the Mediterranean and Europe, which will also bring connectivity with Africa and the America.
According to the terminal operator, the commercial benefits offered by Visakhapatanam Port Trust makes the terminal even more attractive in the long run by being the gateway to the East for both northern and southern regions extending right up to Bangladesh and even Myanmar.
Majority owned by International Cargo Terminals & Infrastructure Pvt Ltd, the terminal is located centrally and strategically on the East Coast of India between Kolkata and Chennai.
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