DP World Ltd has raised the productivity
at its International Container Transhipment Terminal (ICTT) at Cochin Port as
carriers weigh alternate hubs in the wake of the economic crisis in Sri Lanka
that has hurt Colombo port, a regional transhipment hub.
The ICTT recently
clocked 150 moves per hour, its highest ever vessel productivity since the February 2011 start,
on ‘M V TCI Anand’, surpassing the previous best of 137 moves per hour achieved
in July 2019.
With new services and ad hoc calls by
lines, the ICTT boosted its transhipment throughout to the highest ever of
1,56,159 twenty-foot equivalent units (TEUs) in FY22, a growth of some 80% over
the previous year. Overall, the ICTT handled 7,36,000 TEUs in FY22.
The ICTT maintained its top position
among South Indian terminals in April with a volume of over 66,000 TEUs.
The ICTT is well connected with major
cargo generating ports in the east and west coast of India through a coastal
It has direct services to the Far East,
Mediterranean, Middle East, Europe, and South-East Asia.
Located close to the international sea
routes with minimum deviation for carriers, the ICTT is the gateway port for
the export-import (EXIM) cargo of South India, providing good connectivity by
road and rail besides offering “competitive transhipment solutions in the
The terminal is well positioned with the
presence of allied industries like bunkering and a shipyard in the vicinity.
The newly added WIS service, and the ISG
service connecting Cochin with the Middle East and the East Coast of India has
helped achieve significant volume growth, especially in transhipment