The Vizhinjam International Seaport has achieved a significant milestone in its journey towards becoming a major transshipment hub, according to its managing company. In an update posted on Facebook, Vizhinjam International Seaport Limited (VISL) announced that the port has been allocated its location code, identified as IN NYY 1, by the Indian government on June 21, 2024. This development was also formally communicated by Kerala's Ports Minister V N Vasavan in the state Assembly on Monday. "This milestone indicates the port's preparedness to operate as a significant transshipment hub," the announcement stated. "The issuance of the new code enhances the port's logistical capabilities, facilitating increased trade and economic activity in the region." Vizhinjam International Seaport, a deep-water international port costing Rs 77 billion, is being developed under a public-private partnership model. The Adani Group is the private partner involved in the port's development, which is poised to become one of the largest ports globally upon its completion. Originally scheduled for commissioning in 2019, the project faced delays primarily due to challenges related to land acquisition.