South Korean shipping conglomerate Hanjin Shipping India made its maiden call at Krishnapatnam Port Container Terminal (KPCT) on February 1, 2016.
KPCT’s April, 2015–January, 2016 volumes surpassed the financial year of 2014-2015, which offers immense opportunities for new service calls to tap its hinterland.
Read: KPCT added as a Port of Call by Hanjin Shipping
Both Mr Jithendra, COO of KPCT and Mr V K Sasidharan, Regional General Manager of Hanjin Shipping, welcomed the vessel by presenting the memento to the captain Tuvindra Chaterjee.
The container shipping service will cater to all import and export businesses from the Far East, US East Coast, US West Coast, Latin America, Europe and Inter-Asia.
Technical Paper: Krishnapatnam Port: India’s Gateway to Future Growth
The service will open several trade opportunities for exporters and importers between these countries and is expected to give a filling to the trade on the East Coast, particularly for dry bulk exports.
KPCT expects the new service to demonstrate its commitment to provide diverse options to the growing EXIM trade in its hinterland of Andhra Pradesh, Telangana, Karnataka and Northern Tamil Nadu.