[vc_row][vc_column][vc_column_text]The International Transshipment Terminal at Vallarpadam (ICTT) has successfully handled volume of five lakh TEU in 372 days. The terminal handled the highest monthly volume of more than 45,000 TEU in March 2017. It recorded a 17 per cent increase in volumes in 2016-17.
The rise in the business volumes could be mainly attributed to the strengthening of the hinterland network through the various rail and road corridors–the launch of a weekly train service connecting Karnataka and Kerala, while maintaining the rail links between Tamil Nadu and Kochi, besides the setting up of the Green Channel for sealed container cargo at the Walayar border, which helped to slash the transaction time.
During the 2016-17 Financial Year(FY), the terminal recorded an increase of over 60 per cent in coir exports, along with a 200 per cent plus jump in apple and orange imports. Vallarpadam also facilitated the direct imports of East African raw cashew. The cashew was further transshipped to the other ports, including Mangaluru and Tuticorin(V O Chidambaranar Port).
“The terminal handled 8.5 per cent more vessels, compared to the previous year, from the bouquet of 14 vessel services including the six mainline services.[/vc_column_text][/vc_column][/vc_row]
