DP World Cochin sustains growth momentum in July
Registers growth of 22% in April–July period of FY2025, handles more than 72,000 TEUs for third consecutive month.
DP World, a leading global provider of smart end-to-end supply chain solutions, announced that its International Container Transshipment Terminal (ICTT) at Cochin handled 73,636 TEUs in July 2024 - three consecutive months of handing over 72,000 TEUs.
DP World Cochin has facilitated about 40 additional vessel calls to support growth of trade in the region during which the terminal has successfully handled ultra large container vessels (ULCVs) such as MSC Aurora, MSC Darlene and MSC Mariagrazia - all of which are over 365 metres in length, says an official release.
"ICTT has recorded the highest growth at 22 percent in the Apr-July period of FY24-25. The terminal has consistently recorded higher volumes this FY with the highest at 79,044 TEUs in June 2024."
Praveen Thomas Joseph, CEO, DP World Ports & Terminals, Cochin says: “DP World Cochin has consistently provided exceptional efficiency to our customers, reaffirming our dedication to supporting the state's infrastructure and driving economic growth. In Q12024, we introduced new STS cranes, e-RTGs, and expanded yard space, boosting our total capacity to approximately 1.4 million TEUs per annum, solidifying DP World Cochin as one of the largest terminals in South India.”
DP World Cochin achieved its highest-ever combined volume of 754,237 TEUs in the financial year 2023-24, the release added.
To support EXIM trade from the state, DP World opened its 75,000 sq. ft. state-of-the-art Cochin Economic Zone that is co- located with a container terminal to enable seamless trade. The newly launched economic zone is Kerala’s first free trade warehousing zone (FTWZ) and India’s first economic zone within a major port.
