• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Vizag port is targeting soya traffic.

VCTPL, a joint venture between United Liner Agencies and Dubai Port International running Visakhapatnam port's container terminal, Visakha Containter Terminal (VCT), is now targeting soya traffic for exports through the terminal and accordingly held meetings with the Soyabean Processors Association of India recently.

There being a bumper soya crop this year, an estimated eight million tonnes, it is expected that about five million tonnes will be offered for exports. Since the major buyers are Indonesia, Thailand, Korea, Japan and China, VCT feels that it makes sense to route the exports to these countries through the Visakhapatnam port rather than the west coast ports.

Apart from the cost advantage of the east coast port being closer to the Far-East destinations, there are other benefits in terms of cheaper inland haulage and availability of warehousing space. Connectivity between hinterland and terminal being good, the consignments can brought to the terminal either by road or by rail.

OUR BUREAU

More Stories on : Shipping | Oilseeds & Edible Oil

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
A guide to global logistics and freight forwarding

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line