ndia's Shipping Ministry aims to commence construction of the international transshipment port at Galathea Bay, Great Nicobar island, in the Bay of Bengal, in the coming year. Estimated at ₹44,000 crore, the port will be developed in four phases on a public-private partnership basis, with a total capacity of 16 million TEUs. The first phase, operational by 2028, is expected to handle nearly 4 million TEUs and serve as a feeder between Singapore and Colombo. Interest from international players, including Adani Ports and SEZ and Royal Boskalis Westminister, has been noted.

SOURCE: GOOGLE