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ICTT CREATES HISTORY BY HITTING A LANDMARK OF 40,000 TEU IN APRIL 2016

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DP World operated International Container Transhipment Terminal, at Vallarpadam in Cochin has started FY 16 “ 17 with a record-breaking container handling performance. The terminal in April 2016, handled more than 40,000 TEU, which is the highest volume handled in a single month in the history of ICTT, and a 29% improvement on the volume handled in April last year.

The terminals impressive performance in April came on the heels of a 32% growth in volumes in the first quarter of the current calendar year (January to March 2016). ICTT has grown steadily so far in the current year, and we are happy that we are moving in the right direction at a very healthy pace, said Jibu Kurien Itty, Chief Executive Officer, DP World Cochin. “We have excelled in our operational parameters with an average GCR (gross crane rate) of 31 moves per hour per crane, which has helped us to turn vessels around much faster than other ports in the region, thereby saving both time and money for shipping lines.

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