Exploring the Development Opportunities of Vizhinjam Mother Port: A Strategic Gateway for Maritime Growth

Authors

  • Pooja Sasi V S Research Scholar PG Department of Commerce Government College Attingal Thiruvananthapuram
  • Adwaith Gopan Research Scholar Department of Economics Government College Attingal Thiruvananthapuram

DOI:

https://doi.org/10.33516/maj.v59i9.55-58p

Keywords:

No Keywords.

Abstract

Vizhinjam is set to become India's largest mother port, capable of handling the world's largest ships and significantly increasing the country's maritime trade capacity. Its development will make it an important hub in the world's shipping network and lessen India's reliance on foreign ports for transshipment, like Colombo. Larger vessels and larger cargo quantities will be handled with the use of sophisticated infrastructure, which will simplify logistics and save costs for Indian importers and exporters. This extension would improve the robustness of India's maritime infrastructure, reduce congestion at ports like Cochin, and promote regional growth. Vizhinjam will become a top-tier port featuring substantial upgrades like deep-draft berths, cutting-edge container processing facilities, better connectivity, and rigorous security measures. These developments will attract worldwide trade, promoting Vizhinjam as a premier gateway for international merchandise. Simultaneously, it will drive economic growth and consolidate India’s pivotal place in foreign trade.

Downloads

Download data is not yet available.

Published

2024-11-13

How to Cite

V S, P. S., & Gopan, A. (2024). Exploring the Development Opportunities of Vizhinjam Mother Port: A Strategic Gateway for Maritime Growth. The Management Accountant Journal, 59(9), 55–58. https://doi.org/10.33516/maj.v59i9.55-58p

Issue

Section

Cover Story

References

Business Line. (2023). Eyeing private investments, Cochin Port revived its outer harbour project.

Chen, D., & Yang, Z. (2019). Investment in container ports along the Maritime Silk Road in the context of international industry transfer: the case of the port of Colombo. Maritime Economics and Logistics, 21(2), 241–257.

Cochin Port Authority. (2024). Cargo throughput (Apr23 to Feb-24) |. https://www.cochinport.gov.in/index.php/cargo-throughput-apr-23-feb-24

Daily Mirror. (2021). Container throughput at Colombo port hits an all-time high. Maritime Gateway.

Dissanayake, I., & Mudunkotuwa, R. (2021). Logistics Performance and Its Impact on the Transshipments Operations at Port of Colombo. CINEC Academic Journal, 5(1), 145–152.

The Hindu, (2024). The DP World Cochin achieved a record throughput in February.

IBEF. (2024). Transforming India’s Logistics Sector: Challenges and Opportunities.

Kavirathna, C. A., Hanaoka, S., Kawasaki, T., & Shimada, T. (2021). Port development and competition between the Colombo and Hambantota ports in Sri Lanka. Case Studies on Transport Policy, 9(1), 200–211.

Magli, D. (2024). Transshipments at Port of Colombo soar for the third consecutive month - Port Technology International. Port Technology International.

Similar Articles

<< < 7 8 9 10 11 12 13 14 15 16 > >> 

You may also start an advanced similarity search for this article.