This also opens up avenues for bunkering (re-fueling) of ships as well as ship-repair. Between three and six container berths here could serve as a starting point for an international trans-shipment hub. Consider that Colombo alone currently handles over 1.5 million containers a year, and it has actually run out of capacity! The container traffic into and out of Indian ports has sharply increased to over 2.5 million units today. The trans-shipment market is clear and wide open. On the crude transshipment front, a land based transshipment facility with a storage complex and docking piers, will reduce turn around time for ships as well result in a significant fall in the import price of crude passing through here. We also have to remember that crude oil is India's single biggest import and that the Vizhinjam site lies very close to the main Persian Gulf - Far East shipping lanes used by most supertankers. Finally, Vizhinjam has yet another ace up its sleeve in the fact that it requires very little maintenance dredging, due to its sheltered location. Similarly, unlike East coast ports or those in Gujarat, the Kerala coast suffers comparatively little disruption from cyclone activity.

Vizhinjam International Seaport Limited (VISL) was incorporated under the Companies Act 1956 on 15.12.2004. The main object of the company is to provide external support infrastructure such as road / rail connectivity, water and power supply for the proposed port, besides overseeing the implementation of the port project by the private developer. The company will also be responsible for addressing other development needs like special economic zone, logistic centre, free trade zone & warehousing zone and allied activities. .

Board of Directors

1. Shri. V.S. Achuthanandan, Chief Minister - Chairman
2. Shri. M. Vijay Kumar, Minister for Law, Parliamentary Affairs, Sports and Youth Affairs and Ports - Vice-chairman
3. Dr. Thomas Isaac, Minister for Finance - Director
4. Shri. S. Sarma, Minister for Fisheries and Registration - Director
5. Shri. N.K. Premachandran, Minister for Water Resources - Director
6. Smt. Lizzie Jacob, Chief Secretary - Director
7. Shri. L. Radhakrishnan, Secretary (Ports) - Director

The operations of the company are headed by a Chief Executive Officer. Shri. L. Radhakrishnan IAS, Secretary to Government (Ports) is currently handling full additional charge of Chief Executive Officer.

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