Minister of State for Shipping (I/C) Shri Mansukh
Mandaviya 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.
Shri Mandaviya directed officials to chalk out the
strategy to tackle the various challenges and actualize the vision of
Trans-shipment Hub of India and pioneer hub in the South Asia.Shri Mandaviya
said “We are developing trans-shipment facility on Indian port to ensure that
Indian cargo trans-ship through Indian Port. Resolving various issues of
Vallarpadam Terminal is one of the top priority of the Ministry of
Shipping.”
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 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 & 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.
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.
Courtesy: pib.gov.in
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