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DP World-led ICTT completes 10 years of operations at Kochi - The Hindu BusinessLine

DP World-led ICTT completes 10 years of operations at Kochi February 18, 2021 × ICTT played a key role in making Kochi a strategic hub to enhance trade in South India DP World-operated International Container Transshipment Terminal (ICTT) at Kochi has completed 10 years of existence, achieving its all-time highest monthly throughput of more than 70,000 TEUs in January, registering a 36 per cent growth over January 2020. ICTT is India’s first transshipment hub strategically located in close proximity to major global east-west trade routes. Since inception, the terminal has handled 4.68 million TEUs and 5,661 vessel calls including 1,858 mainline vessel calls. In 2020, despite major business disruptions, the terminal handled 6.31 lakh TEUs, registering marginal decline of 0.35 per cent over 2019 volumes, while the South India market collectively registered an average degrowth of 11.2 per cent.

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