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V. O. Chidambaranar Port is a port in Thoothukudi, Tamil Nadu, and is one of the 13 major ports in India. It was declared to be a major port on 11 July 1974. It is the second largest port in Tamil Nadu and third largest container terminal in India. V.O. Chidambaranar Port is an artificial port. [4]
The port recently commenced the operation of 2nd Container Terminal by ABG (DBGIT) Pvt Ltd. The port handled 0.5 million TEU's in 2013–2014 to become third largest container port among Major Ports of India. The port is also a significant port due to the fact that it is located close to East-West International Sea Route. [3]
India is a signatory to Hong Kong International Convention for the safe and environmentally sound recycling of ships. India plans to pass the "Recycling of Ships Act, 2019" to ratify the Hong Kong treaty. This will allow India to capture its targeted 60% in the global ship breaking business while doubling the annual to US$2.3 billion target. [15]
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V.O. Chidambaranar Port Authority in the district was declared as the tenth major seaport in India also provides container services. Tuticorin Airport is situated at Vaigaikulam and currently has flights to and from Chennai and Bengaluru .
It was declared to be a major port on 11 July 1974. It is second-largest port in Tamil Nadu and fourth-largest container terminal in India. This is the third international port in Tamil Nadu and its second all-weather port. was constituted under the Major Port Authorities Act, 2021. It is an ISO 9001:2008,ISO 14001:2004 and ISPS compliant port.
India has specific laws for its SEZs. India was one of the first countries in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. In order to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of ...
Shri A. Subbiah, IAS chairman, Tuticorin Port Trust & Chairman and managing director, Sethusamudram Corporation Limited Sethusamudram Shipping Canal Project ( lit. ' Setu Ocean Shipping Canal Project ' ) is a proposed project to create a shipping route in the shallow straits between India and Sri Lanka .