(The Gist of PIB) Vallarpadam Terminal
(The Gist of PIB) Vallarpadam Terminal
[July-2020]
Vallarpadam Terminal
- Minister for Shipping has reviewed the development activities of Vallarpadam Terminal of Cochin Port. It is envisaged as first trans-shipment port of India, managed by DP World.
About:
- Trans-shipment Hub is the terminal at the port which handles containers, stores them temporarily and transfers them to other
- ships for the onward destination.
- The Kochi International Container Trans-shipment Terminal (ICTT), locally known as the Vallarpadam Terminal is located strategically on the Indian coastline. It successfully fulfils all the criteria which are needed to develop it as trans-shipment hub.
- Vallarpadam Terminal of Cochin Port is proposed to be developed as most preferred gateway for South India and leading trans-shipment hub of South Asia.
It successfully fulfills all the criteria which are needed to develop it as trans-shipment hub which include:
- It is best positioned Indian port with regard to proximity to International sea routes;
- It is located at least average nautical distance from all Indian feeder ports;
- It entails a connectivity which has multiple weekly feeder connections to all ports on West and East Coast of India, From Mundra to Kolkata;
- It has proximity to key hinterland markets of India;
- It has the infrastructure to manage large ships and capacity to scale it up as per requirement.
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Courtesy: PIB