Container volumes have hit 2M TEUs in 18 months since launch. The shift to EXIM aims to cut logistics costs and lift export competitiveness across southern India.
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The Vizhinjam International Seaport in Kerala will begin full export-import operations from Aug. 18, shifting from a transshipment relay to a direct cargo gateway, the state government said Saturday.
Chief Minister V.D. Satheesan will flag off the first export container. The same day the state plans to hold the 'Mission Samudra' Business Summit, a conference for shipping lines, logistics firms, exporters and investors, according to a statement from the Chief Minister's Office.
The government will also formally launch 'Mission Samudra', its long-term maritime development plan that aims to tie together ports, manufacturing, inland waterways and multimodal transport, the statement said.
Vizhinjam is a public-private partnership between the Kerala government and Adani Ports and Special Economic Zone (APSEZ). The port has handled two million twenty-foot equivalent units (TEUs) in the 18 months since commercial operations began and has received some of the world's largest container ships, the CMO said.
The EXIM launch is part of the state government's 100-day action plan. Officials said the move would cut logistics costs, improve supply-chain efficiency and lift export competitiveness while generating new investment and jobs.
Vizhinjam is India's first deep-water transshipment port and South Asia's first fully automated container terminal. The statement said it would continue as an open-access, common-user port open to all shipping lines on equal terms.
For context on Adani's broader port operations, see stock market analysis.
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