VISAKHAPATNAM: Plans to develop the abandoned Bangladesh cargo ship MV MAA into a floating restaurant under Public Private Partnership (PPP) mode near Tenneti Park may be delayed as there is not much progress in the project.
The cargo ship ran aground at Tenneti Park during a cyclone in October 2020. The owners of the ship were unable to bear the cost of salvaging it and dumped the ship here in Vizag city. Vizag-based firm Gill Marines took over the abandoned ship from the insurers PNI Club (North of England) for a price of 1.25 crore.