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DP World Cochin witnesses 25% growth in October 2017

November 3, 2017: Global trade enabler DP World operated India Gateway Terminal handled more than 51,000 TEUs in October. The growth is due to the rise in cargo traffic from the hinterland of Tamil Nadu which consists of cargoes like coir, coco peat, garments, activated carbon and various machinery.

DP World and NIIF bag concession to build Free Trade Warehousing Zone at JNPT Mumbai for $78m
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DP World and NIIF bag concession to build Free Trade Warehousing Zone at JNPT Mumbai for $78m

November 3, 2017: Global trade enabler DP World operated India Gateway Terminal handled more than 51,000 TEUs in October. The growth is due to the rise in cargo traffic from the hinterland of Tamil Nadu which consists of cargoes like coir, coco peat, garments, activated carbon and various machinery. The terminal witnessed a 25 percent growth in volume in October 2017 compared to its performance in October 2016.

Jibu Kurien Itty, CEO, DP World Cochin, said, “We at DP World are committed towards providing the best services to our customers and partners in the supply chain. Our teams are focused on increasing the productivity through adoption of new technology and undertaking innovative initiatives such as building last mile connectivity along with providing flexibility in accepting late cargo. These have resulted in an increase in the movement of commodities from the Tamil Nadu hinterland to rest of the world.”

The terminal hosts three direct sailings to the Middle East, and four sailings to Colombo per week. Through its feeder network, it is connected to other Indian ports on both coasts, including Mundra, Pipavav, Nhava Sheva, Goa, Mangalore, Tuticorin, Chennai and Visakhapatnam.

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