The logistics industry is buzzing about Vizhinjam Port’s recent operationalization, especially because of its competitive trans-shipment charges. By providing more affordable options than Colombo Port, Vizhinjam has established itself as a competitive substitute for international trade routes.
Vizhinjam Port’s Strategic Advantages Vizhinjam Port, situated in Kerala, is strategically positioned close to international sea routes, which promotes effective cargo movement. Not only does this port help India logistically, but it also benefits foreign shipping companies trying to cut costs and optimize their routes. Its appeal as a transshipment hub is increased by its closeness to the world’s major East-West shipping axis.
The fees for bringing cargo and ships into the international port of Vizhinjam have been made public. The Gross Registered Tonnage, or GRD, is evaluated in order to determine the rates. Port dues, pilot fees (for bringing ships into the ports from the outer seas), and berth hire fees (for loading and unloading cargo) are typical fees assessed at the ports.
At the Colombo port, transshipment fees for a single day can cost anywhere from 20,000 to 25,000 USD; however, Vizhinjam only charges 10,000 USD.