Vizhinjam
Photo: Vizhinjam Port

On the eve of the opening of the first phase of its new Vizhinjam box port, fast-growing Indian container terminal operator Adani is lining up a further $1.2bn investment to develop the second phase of the port, according to Bloomberg.

Vizhinjam was built as a transhipment alternative to the nearby Sri Lankan hub of Colombo, which has been subject to severe congestion since the onset of the Red Sea crisis, and which currently handles some 60% of India’s transshipment cargo. However, ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.