International apparel brands have shown their interests in using Vallarpadam Terminal for their export consolidation
FlashNews:
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
Tag: ICTT
Vallarpadam emerging as hub for empty containers
Shipping lines have started using Vallarpadam Terminal as a transhipment hub for empty containers.
Speedy clearance of exports in Kochi port
An export processing centre and Gate Module have been launched by the Customs Department at ICTT Vallarpadam for speedy export clearance
Moving of boxes to a pvt station from Kochi port postponed
Following objections raised by Kochin port users, Kochi Customs has postponed by three months its decision to implement the en-bloc movement of import containers from ICTT to a private container freight station. The stakeholders at the port alleged that the decision would involve an additional expenditure of Rs 5,000/teu for moving the boxes.
Dredging cost may hit profitability of ICTT
The profitability of the Vizhinjam international container transhipment terminal (ICTT) is under question because of the annual maintenance requirement after every monsoon season. According to hydrographic surveyor Commander John Jacob Puthur (retd), the terminal requires dredging after each monsoon to remove at least 3 million cubic metre of silt at a minimum annual maintenance cost of Rs 3
ICTT receives Maersk main line vessel
The first direct Maersk main line service which has called at International Container Transshipment Terminal (ICTT) recently. ICTT received the mainline cargo vessel MV Newyorker with 1,185 twenty foot equivalent units (TEUs) of cashew from West Africa. The vessel, operated by the global shipping major Maersk Line, also has transshipment containers for Tutic
Govt charters vessel from Waterways Shipyard
The Ports Department of Kerala government chartered a vessel from the Waterways Shipyard, Goa with a capacity of 154 TEU containers and a built-in crane facility. The vessel would be operated by the Kerala State Maritime Development Corporation (KSMDCL) to ferry cargo between Kollam Port and the International Cont
DP World Cochin raises draft at ICTT
The maximum draft of ships calling at the Vallarpadam International Container Transshipment Terminal (ICTT) is raised to 14 meter (about 46 feet) following harbor and channel dredging by DP World Cochin. Dubai-based DP World is operating the Vallarpadam terminal along with Cochin Port Trust (CoPT) in a public-private partnership (PPP) model
Govt project may upgrade connectivity to ICTT
Kerala government's plan to construct Azheekode Munambam Bridge and a coastal corridor from Vallarpadam to Kozhikode via Ponnani may benefit International Container Transshipment Terminal (ICTT) at Vallarpadam, reports suggest. The present congestion on National Highway (NH) 17 will be reduced once this corridor becomes a reality. The proposed bridge and the corridor may enable smo
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