Union government-owned Cochin port has decided to drop its vessel-related charges for ships calling at India’s first international container transhipment terminal (ICTT) to match the rates prevailing at rival ports in South and South-East Asia. DP World Pvt. Ltd, majority owned by the Dubai government, is developing the ICTT at Vallarpadam in Cochin port with a capacity to handle one million standard containers, investing about Rs3,000 crore in the first phase.
News
about 16 years ago
Cochin port drops rates at ICTT terminal to match rivals
Union government-owned Cochin port has decided to drop its vessel-related charges for ships calling at India’s first international container transhipment terminal (ICTT) to match the rates prevailing at rival ports in South and South-East Asia. DP World Pvt. Ltd, majority owned by the Dubai governme
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