The Union Cabinet has approved a proposal to license land to developers of projects at four major ports under public-private partnership (PPP) mode to strengthen the ports' capacity. It cleared one project on lease basis for setting up a cement bagging plant at Cochin Port.
Tag: Cochin Port
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Dip in Cochin port July exports
Exports through the Cochin Port declined 10 per cent in July while imports rose 11.75 per cent, according to Cochin Chamber of Commerce and Industry's Cexports and imports statistics. July import of commodities, components and equipment through Cochin Port and Vallarpadam International Container Trans-shipment Terminal (ICTT) was 2.4 lakh tonne, compared to 2.1 lakh tonne in the previous-year month.
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AME to include ICTT in its service
Shipping firm Asia Med Europe (AME) made International Container Transshipment Terminal (ICTT) on Cochin Port an additional port of call. The service will attach the terminal to Alexandria/Ashdod/Haifa/Mersin. AME would launch the maiden voyage of the weekly service on March 26. The port rotation is as follows:Cochin (ICT
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Expertspeak: New plan needed to achieve Agenda goals
Tuticorin port recently beat its own record, handling 24,550 mt of pet coke in a single day, but we will need many more record-breakers if we have to achieve the Agenda goals.
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The Gamechanger
After a 20-year wait, the brand new ICTT at Vallarpadam is all set to be Kerala maritime’s best brand ambassador yet, further transforming the maritime and logistics landscape of the region. Shashidhar Nanjundaiah writes from Vallarpadam.
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Logistics: A much needed transformation
Among other firsts, Vallarpadam ICTT will also trigger a stream of business activities in its immediate neighbourhood. NA Muhammed Kutty, explains why India’s first transhipment terminal will transform the face of the logistics industry.
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Revamp of Kochi port stalled
Cochin Port Trust’s propoÂsed projects have been facing clearance issues from the Navy with respect to the height of the proposed installations in the flying funnel area in Willingdon Island.
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