In 2023-24, DP World’s ICTT recorded its volume at 7.54 lakh TEUs. Registered a growth of 22% in the April to July period of 2024-25, it handled 72,000 TEUs for third consecutive month. Berthed 7,800 vessels since inception, ICTT handled highest-ever transaction on a single vessel (6,157 TEUs with MSC Aurora).
CT Bureau
DP World announced that its International Container Transshipment Terminal (ICTT) at Cochin delivered a record-breaking performance by handling 72,000 TEUs for three consecutive months. ICTT handled 73,636 TEUs in July 2024, delivering 25 per cent volume growth from May to July 2024-25. This performance comes on the back of a robust June 2024—volume of 79,044 TEUs.
In the current year alone, DP World Cochin has facilitated 40 additional vessel calls in a bid to support growth of trade in the region during which the terminal has handled ultra large container vessels such as MSC Aurora, MSC Darlene, and MSC Mariagrazia, all of which are 365 metres in length.
ICTT has recorded the highest growth of 22 per cent in April to July period of 2024-25. The terminal has recorded higher volumes this financial year, with the highest at 79,044 TEUs in June 2024.
In the financial year 2023-24, DP World Cochin achieved its highest-ever combined volume of 7,54,237 TEUs, solidifying its position as the South India’s preferred gateway for trade through consistently enhanced performance.
“DP World Cochin has provided exceptional efficiency, reaffirming our dedication to supporting the state’s infrastructure and driving economic growth. In the first quarter of 2024, we introduced new STS cranes, e-RTGs, and expanded yard space, boosting our capacity to 1.4 million TEUs per annum,” Praveen Thomas Joseph, CEO, DP World Ports & Terminals, Cochin, said.
DP World’s ICTT provides mother vessel (mainline) connectivity to the Far East, Southeast Asia, Middle East, Europe, Mediterranean, and Singapore. This allows 50 per cent of the cargo to connect directly on mother vessels, avoiding congested hubs, resulting in faster transit times. It offers regular connectivity to multiple transshipment hubs such as Singapore, Port Klang, Colombo, Jebel Ali and Mundra.
DP World Cochin has made rapid strides to enhance operational efficiency with gate automation, eliminating paper transactions, and accelerating cargo handling. The terminal has made vessel details available to optimise shipment planning and logistics. The user-friendly interface improves navigation and transparency, making shipment tracking much easier for customers.
To support EXIM trade from the state, DP World opened its 75,000 square feet Cochin Economic Zone that also has a container terminal in order to enable seamless trade. This economic zone is Kerala’s first free trade warehousing zone and the country’s first economic zone within a major port further thereby strengthening its position as South India’s preferred gateway to trade.
