Crime Today News
The International Container Transhipment Terminal (ICTT) in Cochin, operated by DP World, has registered 11 per cent growth by handling 834,665 TEUS in FY2024-25. The earlier record was 754,237 TEUS achieved in the previous fiscal.
The transhipment volume also set a new record at 169,562 TEUS. Volume records were also set across various business segments, including foreign exports, coastal exports, reefer volumes, and the highest single-vessel volume transaction. The company recorded one of the highest number of vessel calls per annum in South and East India at 640, according to a press release.
In the FY 2024-25, DP World Cochin has expanded its capacity with strategic infrastructure upgrades, including the introduction of new Ship-to-Shore (STS) cranes, electrified Rubber-Tyred Gantry Cranes (e-RTGs), and an expanded yard space—boosting the terminal’s total capacity to 1.4 million TEUs. The terminal’s power infrastructure upgrades from 3 to 5 MVA ensure seamless operations during peak demand, while the 100% electrification of yard cranes along with the in-house solar plant reduces the carbon footprint for cargo, offering customers a sustainability-driven competitive edge.
The terminal operator also handled multiple Ultra Large Container Vessels (ULCVs) over 350 meters in length in the past year, demonstrating its ability to accommodate growing trade volumes.
Besides, Kerala’s first Free Trade Warehousing Zone (FTWZ)—India’s only such facility within a major port—has achieved a significant milestone by handling 2,255 tonnes of cargo in FY2024-25.
Praveen Joseph, CEO, DP World Ports & Terminals, Cochin, said, “Along with capacity expansion, we were able to bring in new solutions like the Free Trade Warehousing Zone to support the growth ambitions of the regional Exim and Coastal trade. We will continue to focus on ease of doing business, fast delivery times, high productivity and sustainability to benefit the trade. Building on this positive momentum, we will strive to strengthen the synergies between our terminal operations and the Free Trade Warehousing Zone”.
DP World Cochin offers direct mainline (mother vessel) connectivity to key regions, including the Far East, Southeast Asia, and the Middle East. This enables 50 per cent of the cargo to be transported directly on mother vessels, bypassing congested hubs and significantly reducing transit time.
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