Essar Global Limited

04/28/2022 | Press release | Distributed by Public on 04/28/2022 05:08

Essar Ports Vizag Terminal handles the largest dry bulk vessel, and records largest parcel in Vizag Port

April 28, 2022

Achievements galore for Vizag Terminal

Located within one of the 13 designated 'major ports' of India, Essar Ports Vizag Terminal Ltd (EVTL), Andhra Pradesh, is the largest iron ore handling complex in India. On 20th April 2022, the M.V. Star Eleni, a bulk carrier built in 2018, sailing under the flag of Liberia was successfully berthed at EVTL. This was the largest bulk carrier that the terminal has handled to date with following particulars:

  • DWT- 2,07,555 MT
  • LOA- 299.88 Meters
  • BEAM- 50 Meters

The terminal created another milestone by successfully loading a record 1,65,000 Metric Tons (MT) of iron ore fines on M.V. Star Eleni vessel.

Rapid operations with sustainable practices

Essar Ports Vizag terminal's fully mechanised eco-friendly infrastructure delivers a performance which can be benchmarked with the best across the globe, while also enabling lower logistics' cost for customers. The terminal is strategically located in the Bay of Bengal in close proximity to iron-ore mines located in Chhattisgarh, southern Odisha and Jharkhand. The all-weather deep draft facility has the wherewithal to serve the rapidly growing markets of Southeast Asia including China, Japan and Korea, in addition to coastal movement for the steel industry within India.

With the Vizag team achieving such massive scale in a seamless manner, Mr. Rajiv Agarwal, Operating Partner (Infrastructure), Essar and Managing Director, Essar Ports, commented, "I congratulate the team at Vizag. The demand of our terminals is strong and we believe our terminals are well placed to offer sustainable advantage to our customers and trade."

Marking the occasion, Mr CH Satyanand, CEO, EVTL, said: "The milestone is a matter of pride for us at EVTL. We strive to deliver the best in class services to our customers"

Working for India's port-led growth

Essar Ports, one of Essar Global Fund's investments in the infrastructure sector, is one of the largest private sector port and terminal developers & operators in India by capacity and throughput. It has four operational terminals in India across Hazira and Salaya (in the state of Gujarat) on the west coast, and one each in Visakhapatnam and Paradip on the east coast. Current operational port terminal capacity in India is 110 MTPA. Having invested ₹ 11,000 crore in developing world-class terminals in three Indian states, Essar Ports is facilitating and enabling the vision of Atmanirbhar Bharat in the port and shipping sector.