India’s Vizhinjam port a game changer in international transshipment
Abstract
This paper attempts to understand the port industry of India and what heck is a transshipment port and how it will help the export and import dealers of India and the way it will influence the progress of economy. Transshipment ports play a crucial role in worldwide trade and shipping. These ports serve as intermediaries where cargo is transferred from larger vessel to smaller feeder vessels or between different shipping routes. The primary purpose of transshipment ports is to optimize shipping routes, decrease transportation costs, and to obtain improvement in overall efficiency of the maritime supply chain. Some examples of well-known transshipment ports include Singapore, Rotterdam, Dubai's Jebel Ali, and Panama's Colon. These ports have become key players in the global shipping network, contributing to the smooth flow of goods across continents. India’s upcoming port at Vizhinjam near Trivandrum in Kerala is going to become a game changer in south Asia’s logistic and supply chain management operations. The said port has location advantage, as it is positioned near India’s southernmost tip and just ten nautical miles from international east west shipping route.
How to Cite This Article
Dr. Laxmana Rao G (2023). India’s Vizhinjam port a game changer in international transshipment . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 4(6), 948-950.