Buoyant International container trade and growth in container traffic in India at a CAGR of 14 percent during the last decade has led to a trend towards agglomeration (increased vessel sizes on order). This necessitates the establishment of an international transshipment terminal close to southern tip of Indian peninsula and the proposed terminal will be ideal for attracting mother vessels ranging from Post-Panamax to Malaccamax in a phased manner.
Detailed traffic assessment study indicates that Vizhinjam could be configured to meet these transshipment requirements of the region.
A container shipment economic study has further established the above for routing of containers economically.
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