India’s Krishnapatnam Port promotes trade with Vietnamese partners

16:42 | 30/08/2017 Cooperation

(VEN) - Krishnapatnam Port Container Terminal (KPCT) hosted a 3-day exclusive trade meet in Ho Chi Minh City, between 29th-31st August 2017, which attracted senior officials from government bodies, customs, shipping lines, exporters, importers and other allied trade members. Krishnapatnam Port, the country’s largest all-weather, is the deep water port on the east-coast of India promoted by CVR Group.

The trade meet was endeavored by Krishnapatnam Port to build a common platform for business networking whilst offering an opportunity to undertake active discussion with partners on the business need, offering suitable solutions and views on importan issues.

A weekly mainline service to Vietnam, backed with superior road and rail connectivity to the national grid, Krishnapatnam Port is expected to provide the fastest and most competitive service to the exporters and importers of India especially from key markets like Andhra Pradesh, Telangana, Karnataka and Northern Tamil Nadu to the ports of Vietnam and other South East Asian courtiers.

Mr. Anil Yendluri, CEO of Krishnapatnam Port said: “Vietnam is pushing for stronger ties with India. With 45 years of diplomatic ties, the two countries have explored a strategic partnership and the time is now ripe to step up this association.”

The direct mainline service to Vietnam offers the traders two routes- ACS Routing and CHX Routing. Under the ACS Routing, which is mapped as – port Kelang- Singapore- Cai Lan- Busan- Ulsan- Shanghai- Ningbo- Yantian undertakes the shipping within a record time of 9 days to Ho Chi Minh City and 11 days to Haiphong.

The CHX Routing on the other hand is mapped as – Krishnapatnam- Tanjung Palepas – Xinganag-Quingdao- Busan- Shanghai Nansha undertakes the shipping within a record time of 16 days to Haiphong and 19 days to Ho Chi Minh City.

Krishnapatnam Port with a transit storage area of 6800 acres has the country’s largest waterfront area of 161, and a depth of 20.5 metres. Its current draft of 18.5 metres can accomodate full-sized cape vessel of 200,000 tonne capacity.

My Phung