A relatively young island, it formed in the late 18th century, from the sediment outflow carried by the waters of the Koringa River, a distributary of the Godavari. The area between Kakinada coast and Hope Island is known as Kakinada Bay, enclosing an area of around 146 km2 (56 sq mi). Hope Island protects the city of Kakinada from the strong storm surges coming from the Bay of Bengal. Hope Island acts as natural barrier for storm surges and possible tsunami events and provides tranquility to the ships anchored in Kakinada Bay which makes Kakinada Port one of the safest natural ports in the Eastern Coast of India.
The northern tip of the island is called "Godavari Point", which overlooks the entry point into the Kakinada Bay and the Kakinada harbour.
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