DP World Cochin terminal records 59% volume growth in May

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The International Container Transshipment Terminal (ICTT) at Cochin, operated by DP World, has recorded an impressive growth of 59% over April, which is the highest amongst all the South Indian ports.

The DP World Cochin terminal successfully handled over 42,000 TEUs along with 35 vessels in the month of May. The terminal also handled 1500 TEUs of rail volume during the same period, delivering an impressive five-fold increase in monthly rail volume, vis-à-vis the pre-lockdown monthly rail volume of slightly less than 300 TEUs.

This impressive growth is attributed to the terminal’s persistent efforts in maintaining the flow of goods, enabling smart solutions, and delivering world-class productivity.

The DP World Cochin terminal has continued to operate throughout the lockdown period keeping the productivity at par with global standards of 32 plus moves per hour. The terminal’s in-house developed Terminal Operating System – Zodiac, and RFID-based Automated Gate Management System enabled it to keep the Truck Turnaround Time at as low as 27 mins, which is one of the best amongst all the Indian Ports.

During the lockdown period, DP World Cochin has been successful in implementing 100% usage of electronic document transfer (DO/Form 13) for Coastal Import Laden Containers. This has been facilitated by Bharat Trade, a digital portal which enables smooth paperless transaction and offers a single window to customers and other stakeholders, as well as ensures digital exchange of data on real-time basis at the terminal. It assisted trade to virtually manage the delivery of cargo from the safety of their homes in a cost-effective manner.

Praveen Joseph, CEO, DP World Cochin, said “At DP World Cochin, our emphasis continues to be on providing best-in-class service to our customers, and these times are no exception. This growth reinforces the confidence our customers and partners have in us, and in our ability to service them reliably.”

ICTT continues to strengthen its leadership position in container trade, offering direct services from the Far East, South East Asia, and Middle East to Cochin and from Cochin to Far East, Middle East, Europe and Mediterranean.

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