Vizag Port signs pact to incorporate traffic management system services
VISAKHAPATNAM : The Visakhapatnam Port Authority on Monday entered into an agreement with the National Technology Centre for Ports, Waterways and Coasts (NTCPWC), Chennai for Vessel Traffic Management Systems services.
Visakhapatnam Port Chairman Mr. M Angamuthu and National Technology Centre for Ports, Waterways and Coasts (NTCPWC) principal scientist Mr. D Kumaran Raju signed the deal in the port city.
“Vessel traffic management systems is an integral part of modern maritime transportation, where these systems provide a comprehensive solution for monitoring and controlling vessel traffic in port area,” said Mr. Angamuthu in a press release.
For availing vessel traffic management systems services, Visakhapatnam Port will pay Rs 14 crore for a period of 10 years.