Visakhapatnam - Visakhapatnam Port under the dynamic leadership of Dr. M. Angamuthu, IAS, Chairperson, Visakhapatnam Port Authority is implementing the Asset Monetization to become landlord Port. Chairperson, VPA has issued Letter of Award on 23.02.2024 to EVERSUN Marine Trade Private Limited, Visakhapatnam for the PPP Project for the work “Development and Mechanization of existing East Quay – 6 Berth in the Inner Harbour of Visakhapatnam Port for handling all types of Cargos on DBFOT basis” in the presence of Heads of Departments and Head of Project Monitoring Unit. Chairperson, VPA, informed that this facility would add more throughputs to the Port of Visakhapatnam. The proposed facility is a Semi-mechanization of the existing EQ-6 Berth with Berth length of 255Mtrs, which involves installing new Harbour Mobile Crane (HMC) with 1500TPH and Mobile Hopper of 150 T along with other handling equipments i.e. Cranes, Loaders, Trucks, Fork lifts etc. with an investment of Rs. 66.12 Crores, which can handle all types of cargos with handling capacity of 2.62MMTPA.

The facility developed is envisaged for handling vessels upto 50,000 DWT, maximum LoA of 200Mtrs. with beam of 32 Mtrs. at a draft of 11.50 Mtrs. The entire construction work including installation of new HMC and other project facilities is likely to complete within 15 months from the date award of concession. The total Concession Period is 30 years. The proposed facility is likely to generate employment to atleast 100 direct and indirect employments to locals and shall be with State of Art technology.