Visakhapatnam Port Authority Signed MOU with NTCPWC

On March 4, 2024, the Visakhapatnam Port Authority and the National Technology Centre for Ports, Waterways and Coasts (NTCPWC) in Chennai formally signed a 10-year contract. The acquisition of Vessel Traffic Management Systems services is the main focus of the agreement, which was signed by D Kumaran Raju, Principal Scientist at NTCPWC, and M Angamuthu, Chairperson of the Vizag Port Authority.

Angamuthu emphasized how crucial these systems are to contemporary marine transportation. A complete solution for keeping an eye on and managing vessel traffic in the port area is provided by maritime traffic management systems.

Vizag Port Authority will pay Rs 14 crore over the next ten years in accordance with the conditions of the agreement in order to access these vital services. The purpose of this calculated action is to increase the security and effectiveness of maritime activities in the area.