Overview:
The Vizhinjam International Seaport is a deepwater transshipment port located in the state of Kerala, India. It is designed to cater to container transshipments and multi-purpose bulk cargo. The port is being developed in a landlord model with a Public Private Partnership (PPP) component.

Statement 1: It is designed to cater to container transshipments and multi-purpose bulk cargo.
The first statement is correct. The Vizhinjam International Seaport is specifically designed to handle container transshipments and multi-purpose bulk cargo. Container transshipment refers to the process of transferring containers from one vessel to another at a hub port, allowing for more efficient and cost-effective transportation. This type of port plays a crucial role in global trade, facilitating the movement of goods between different regions.

The Vizhinjam International Seaport aims to capitalize on its strategic location on the Arabian Sea, which provides direct access to international shipping routes. The port has a natural depth of 20 meters, making it capable of accommodating large container vessels. It is equipped with modern infrastructure and facilities to handle containerized cargo efficiently.

Additionally, the port is designed to handle multi-purpose bulk cargo. This includes commodities such as coal, iron ore, petroleum products, and other raw materials. The port's infrastructure includes dedicated berths and storage facilities to handle such bulk cargo efficiently.

Statement 2: It is developed in a landlord model with a Public Private Partnership component.
The second statement is also correct. The development of the Vizhinjam International Seaport follows a landlord model with a Public Private Partnership (PPP) component. Under the landlord model, the government or port authority owns and operates the basic infrastructure of the port, while private entities are responsible for providing various services and facilities.

In the case of the Vizhinjam International Seaport, the Government of Kerala is the port authority, and it has entered into a PPP agreement with a private consortium called Adani Ports and Special Economic Zone Limited (APSEZ). The agreement involves the development, operation, and maintenance of the port for a specified period.

The private consortium is responsible for investing in the construction of port infrastructure, such as berths, terminals, and other facilities. They are also responsible for operating the port and providing various services, including cargo handling, storage, and maintenance.

The PPP model allows for the sharing of risks and responsibilities between the public and private sectors. It enables the government to leverage private sector expertise and investments while ensuring the efficient and effective development and operation of the port.

Conclusion:
In conclusion, both statements regarding the Vizhinjam International Seaport are correct. The port is designed to handle container transshipments and multi-purpose bulk cargo. It is being developed in a landlord model with a Public Private Partnership (PPP) component, with the government as the port authority and a private consortium responsible for its development and operation.