Vizhinjam Port Emerges as Key Trade Alternative Amidst Strait of Hormuz Tensions
Increased instability in the Strait of Hormuz, fueled by Iranian limitations and an U.S. naval visibility, has actually amplified international shipping worries. India’s Vizhinjam Port in Kerala is now being highlighted as a potential solution.
- Strategic Area: Found 10 nautical miles from significant shipping lanes.
- Deep Draft: 18 m draft permits suiting ultra-large container ships.
- Ability: Yearly capacity of 5 million TEUs; dealt with 61 vessels last month.
- Advancement: Developed under public-private partnership (Adani Group), costing 8, 900 crore.
- Future Plans: Aiming to increase framework to fit growing transshipping need.