DP World Cochin recovers faster; records 59% growth in May over April
June 18, 2020, Cochin: The global logistics company DP World operated International Container Transshipment Terminal (ICTT) at Cochin handled over 42,000 TEUs along with 35 vessels in the month of May.
June 18, 2020, Cochin: The global logistics company DP World operated International Container Transshipment Terminal (ICTT) at Cochin handled over 42,000 TEUs along with 35 vessels in the month of May. The terminal has recorded a growth of 59 pecent over April, which is the highest amongst all the south Indian ports.
The DP World Cochin terminal handled 1500 TEUs of rail volume as well in the month of May. The terminal has delivered a five-fold increase in monthly rail volume in May, vis-à-vis the pre-lockdown monthly rail volume of slightly less than 300 TEUs.
“The 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,” says the release.
During the lockdown period, DP World Cochin implemented 100 percent 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 the digital exchange of data on a 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 offer direct services from the Far East, South East Asia and the Middle East to Cochin, and from Cochin to the Far East, the Middle East, Europe and Mediterranean.