Thursday, Apr 25 2024 | Time 19:15 Hrs(IST)
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Business Economy


VPA inks MoU with Chennai based NTCPWC for VTMS services

Visakhapatnam, Mar 4 (UNI) Visakhapatnam Port VPA) entered into an MoU with National Technology Centre for Ports, Waterways and Coasts (NTCPWC), Chennai, for providing Vessel Traffic Management Systems (VTMS) Services.
The agreement was signed by VPA Chairperson Dr. M. Angamuthu and NTCPWC Principal Scientist Dr. D. Kumaran Raju, the port said in a release here on Monday.
Speaking on the occasion, Dr Angamuthu informed that Vessel Traffic Management Systems (VTMS) is an integral part of modern maritime transportation, where these systems provide a comprehensive solution for monitoring and controlling vessel traffic in Port area.
An amount of Rs.14.03 crores is being incurred by VPA for the services provided for a period of 10 years by VTCPWC from the date of agreement, he added.
Durgesh Kumar Dubey, Deputy Chairperson, Capt. T. Srinivas, Deputy Conservator, T. Venu Gopal , Secretary, VPA and other HODs were also present on the occasion.
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