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Latest Business News, Business News India Today | The HinduBusinessLine

Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Modi seeks opposition backing to implement women’s reservation before 2029 polls West Asia crisis: Ludhiana handtool export units face labour, gas supply shortages, high input costs Patent application filings in India rise 30.2% to 1.43 lakh in 2025-26: Goyal Meet the man with 138 degrees: Dashrath Singh, an ex-serviceman, earns latest qualification from IGNOU Europe missed AI bus, but India has potential to catch up: Former WEF Director AIG Hospitals, ICMR team up for digital health innovation Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Legendary playback singer Asha Bhosle dies at 92 Signature Global cuts net debt by 77% to ₹200 crore in FY26 Iran aims to restore majority of refining capability within two months Supreme Court to hear on Monday pleas related to SIR of electoral rolls in West Bengal US, India hold engagements to advance defence cooperation Trump shares article suggesting option with him to enforce naval blockade on Iran NCLAT reaffirms project-specific insolvency proceedings against realty firms Iran-US talks in Pakistan ended without deal as Tehran cites ‘excessive demands’ from US Two supertankers U-turn in Hormuz as US-Iran talks break down Time has come to implement Women's Reservation Act: PM Modi's letter to LS, RS floor leaders Iran war diverts US military, attention from Asia ahead of Trump's summit with China's leader Trump says China will have big problems if it ships arms to Iran India will soon become self-reliant in defence sector, find itself among leading nations of the world: Rajnath Singh Pakistan to continue facilitating US-Iran talks, says Dar; urges ceasefire More than 2,000 people killed by Israeli strikes in Lebanon during Israel-Hezbollah war: officials Iran denies US claims of mine clearing ships’ passage through Strait of Hormuz AI to reduce uncertainties and expand opportunities - RBI DG EAM Jaishankar meets members of Indian community in UAE 4 ways war in Iran has weakened United States in great power game US-Iran talks fail after 21 hours in Islamabad, JD Vance cites nuclear deadlock Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Islamabad talks: US and Iran begin negotiations aimed at ending West Asia conflict 51.5 lakh LPG cylinders delivered, 8.7 lakh Indians return amid West Asia crisis: Government India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports Artemis II astronauts return to Earth after historic lunar flyby and Pacific splashdown US-Iran peace talks in Pakistan: What will be discussed? US Vice President Vance arrives in Pakistan for crucial peace talks with Iran EU condemns ‘illegal’ Israeli expansion: 30 new West Bank settlements spark global outcry US intelligence indicates China preparing weapons shipment to Iran India, Japan discuss Strait of Hormuz security IPL 2026: Ad volume witness marginal dip in first 13 matches MAHE and Helogen Corporation partner for space-based biomedical research Share of Indian employees ‘engaged’ at work on a decline, says report AP CM Naidu asks Centre to expedite Srikakulam–Kakinada natural gas pipeline project PMMY at 11: Funding the unfunded, powering MSME-Led growth Karnataka to collaborate with medical colleges to strengthen govt health centres Army clears Col Purohit for Brigadier rank after Tribunal stays retirement New TB vaccines safe but may not protect against all forms of infection: Phase-3 study Rubio to visit India in May as ties with New Delhi improve Vice president releases latest edition of Constitution in Sindhi ‘Jana Nayagan’ leaks online, makers initiate legal action Jaiprakash Gaur backs Adani Group's acquisition of JAL assets Power demand to rise up to 6% in this financial year amid expected El Nino-led heat: Crisil India records highest-ever annual solar capacity addition of 45 GW in FY 2025-26: Pralhad Joshi Shimla records coldest April night in 46 years, temperature drops to 3.6°C: IMD World shares mostly higher, oil gains ahead of planned US-Iran ceasefire talks No impact of Iran war on India business, says Salesforce’s Arundhati Bhattacharya Global growth to slow to 3.2% in 2026, amid largest energy shock on record due to West Asia crisis: S&P India poised to lead global net zero transition with 150 GW solar milestone: Pralhad Joshi India pushes defense self-reliance amid West Asia conflict In Bengal, will the Left’s vote shift to the Right? Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut Kerala’s mandate at crossroads as social welfare meets job demand and upward mobility US, Iran prepare for ceasefire talks as Netanyahu authorises negotiations with Lebanon BJP unveils Bengal manifesto, pledges to implement Uniform Civil Code, measures against infiltration Sun Pharma shares down 4 per cent on reports of overtures for US-based Organon Steven Spielberg’s Jaws returns to theatres in 4K restoration on April 17 Approach authorities instead of rushing to court, SC tells petitioner who filed 25 PILs NDA promises mega textile hub near Tiruppur; Goyal bats for Edapaddi K Palaniswami leadership Civic issues at the heart of T Nagar’s knife-edge poll battle Political climate gets Madurai temperatures soaring Allahabad HC judge Yashwant Varma resigns a year after cash row; probe continues Zelenskyy says Ukrainian forces shot down Shahed drones in Middle Eastern countries during Iran war India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman ISRO successfully conducts second integrated air drop test for Gaganyaan mission Vedanta Aluminium signs pact with two downstream companies SC regularises interim bail granted to Gujarat-based journalist in money laundering case Trump ramps up threats against Iran on Hormuz before talks FYL91 commences new flights to Hyderabad, Rajahmundry and Vijayawada Telangana’s GST revenue up 15% in last 3 months ASMS launches agri-commerce network AYOU in Hyderabad Ladakh turns to apricot blossoms to stretch short tourism season ADB suggests unified social protection framework to cut duplication Trump's tenuous Iran exit plan isn't healing Republican rifts exposed by the war Vance sets off to Pakistan to lead talks with Iran as war’s ceasefire remains shaky Godrej Properties reports record ₹34,171 crore sales bookings in FY2026, up 16% BCCI mourns passing of former India cricketer CD Gopinath Former Iran FM Kamal Kharrazi dies from wounds sustained in US-Israeli attack: Reports West Asia conflict drives surge in NRI term insurance purchases from India, 35% m-o-m surge: Report Chalet Hotels activates cost saving steps, growth plans remain intact: CEO Shwetank Singh South India Dargah Mosque Association extends support to AIADMK-NDA alliance
Vizhinjam Port scales new heights with record throughput, expansion drive
By V Sajeev Kumar · 2026-06-02 · via Latest Business News, Business News India Today | The HinduBusinessLine
While the yard capacity constraints have forced three to four vessels to wait at outer anchorage, official sources confirmed that these ships are being allocated priority berthing based on the specific requirements of the shipping lines.

While the yard capacity constraints have forced three to four vessels to wait at outer anchorage, official sources confirmed that these ships are being allocated priority berthing based on the specific requirements of the shipping lines.

Despite exceeding its designated monthly stacking capacity, Vizhinjam International Seaport recorded its highest-ever monthly throughput in May, handling 130,863 TEUs across 55 vessels.

Over the last six months, the terminal has consistently operated well above its standard baseline capacity of 34,000 TEUs, frequently managing an excess volume of over 40,000 TEUs. According to official sources, this massive surge has not resulted in operational bottlenecks or port congestion. To maintain fluid cargo operations, port authorities have successfully implemented alternative storage arrangements, utilizing the new EXIM container yard and the flanks of the newly constructed national highway access road for overflow container stacking.

While the yard capacity constraints have forced three to four vessels to wait at outer anchorage, official sources confirmed that these ships are being allocated priority berthing based on the specific requirements of the shipping lines. Currently, MSC (Mediterranean Shipping Company) remains the exclusive container line calling at Vizhinjam under a strategic agreement with Adani Ports.

Ancillary facilities

However, the shipping fraternity is looking at more ancillary facilities before the port starting its full-fledged operations by 2028. “As we have been talking for many months, road connectivity --interim and permanent -- are the immediate priority”, Binu K.S. of Kerala Steamer Agents Association told businessline.

The proposed rail connectivity needs to speed up momentum and the same should be in place. Likewise, there are no CFS facilities for cargo clearance and shifting of Exim cargo which need to be done on priority. Liquid cargo storage and supply facilities will attract more business along with cruise terminals, he said.

Official sources pointed out that the port has moved ahead with the second phase of development, which will expand the existing 800-metre container berth to 2,000 metres by December 2028. Once completed, Vizhinjam will have one of the longest container berth in the country and a handling capacity of 5.7 million TEUs, significantly higher than the 3 million TEUs envisaged under the concession agreement. The expansion will also enable the port to berth multiple mother vessels simultaneously.

The second phase includes extending the existing 2.96-km breakwater to 4 km. The project will not require additional land acquisition, as the required area will be created through sea reclamation. The port will also add 21 ship-to-shore cranes and 45 yard cranes to strengthen its handling capacity.

The delays in completing road and rail connectivity projects, which are being executed by government agencies, have held back the commencement of Exim cargo operations. To bridge the gap, the Adani Group has completed a road link connecting the terminal to the NH Bypass and is awaiting approval from the National Highways Authority of India (NHAI) to begin operations.

The temporary road connectivity is expected to facilitate the launch of Exim cargo movement this month. However, a permanent solution is planned through a ₹100-crore cloverleaf interchange on NH-66, which will allow container trailers to access the port directly without affecting highway traffic. Land acquisition for the project is in its final stages and NHAI is expected to commence construction soon, the sources said.

Meanwhile, work for the rail connectivity to the port is progressing, with Konkan Railway reportedly entrusted with constructing the 9-km rail link from Balaramapuram to Vizhinjam at an estimated cost of ₹1,500 crore. The project is expected to be completed by 2028, the sources added.

Published on June 2, 2026