International Container Transshipment Terminal, Kochi
Coordinates: 09°58′54″N 76°15′09″E / 9.98167°N 76.2525°E
 Cranes at the Vallarpadam Terminal |
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| Other names(s) | Vallarpadam Terminal |
|---|---|
| General information | |
| Location |  Vallarpadam, Kochi |
| Status | Ongoing |
| Coordinates | 09°58′54″N 76°15′09″E / 9.98167°N 76.2525°E |
| Built by | DP World |
| Opening | 11 February 2011 |
| Technical details | |
| Cost |  3200 crore |
| No of Super-Post Panamax Crane | 4 |
| No of Rubber Tyred Gantry Crane | 15 |
| Maximum Draft | 14.5 m |
| Quay Length | 600 m |
| Terminal Area | 65 ha |
| Depth Alongside | 16 m |
| Container Yard | 2500 TEU ground slots |
| Website | DP Cochin |
The Kochi International Container Transhipment Terminal (ICTT), locally known as the Vallarpadam Terminal , is a container trans-shipment facility which is part of the Kochi Port. It is the only trans-shipment port in India, and is situated in Kochi, in the state of Kerala.
Being constructed in three stages, the first phase of the terminal was commissioned on 11 Feb 2011.[1] This can handle cargo up to one million TEUs (twenty-foot equivalent units) per annum.[1] On completion of the third phase, the terminal will be able to handle 4 million TEUs of cargo per annum.[1] The terminal is presently being operated by the Dubai Ports World (DPW), which will operate it for 30-years after which the control will come back to the Cochin Port Trust.[2]
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[edit] History
On 16 February 2005, Dubai Ports World announced that it has formally signed an agreement with the CoPT to construct, develop and operate an International Container Transshipment Terminal (ICTT) – An India Gateway Terminal – at Vallarpadam.
The project was, formally, launched with the laying of the foundation stone by Mr. Manmohan Singh, the Prime Minister of India. The ceremony was attended by Dr. Jacob Thomas, Chairman, CoPT and Mr. Sultan Ahmed Bin Sulayem, Executive Chairman, DP World. The proceedings were overseen by the Governor of Kerala, Mr. R.L. Bhatia, the Minister of Shipping, Government of India, Mr.T.R. Baalu, and the Chief Minister of Kerala, Mr.Oommen Chandy.
Approval for the agreement was given by the Cabinet Committee of Economic Affairs of the Government of India, Ministry of Finance and meanwhile, the DP World will manage and subsequently transfer its operations at the Rajiv Gandhi Container Terminal in Cochin Port to the new terminal upon its completion. The DP World has been granted a 38-year concession for the exclusive operation and management of the site.
[edit] Overview
Vallarpadam Terminal is the largest single operator container terminal in India and the first in the country to operate in a special economic zone. The terminal makes Kochi a key centre in the shipping world reducing India ’s dependence on foreign ports to handle transshipment.
- In the first phase there will be 600 m Quay length and a draft of more than 15 m , when the terminal may handle 1 million TEU container annually by the end of 2012.
- In the second phase the capacity will be enhanced to 3 million TEU's by the end of 2014.
- In the third phase the terminal may handle even up to 5.5 million TEU's.
The total cost of the project is estimated at 3200 crore .
DP World has estimated that the total initial investment required will be approximately US$20 million which includes the immediate provision of four RTGs and two Mobile Harbour Cranes to the Terminal -to improve yard handling, truck turnaround time and quayside operations.
Strategically, located on the main east-west global shipping lines and offering draft of about 16 m, Cochin is destined to develop as the premier gateway to southern India, as also offering an alternative to Sri Lanka and Singapore for containers being transshipped for the Indian market.
[edit] Location
The terminal is located in the Vallarpadam island in Kochi.
[edit] Opening
On 11 February 2011 the terminal was inaugurated by Manmohan Singh, the Prime Minister of India. The ceremony was attended by A. K. Antony, G. K. Vasan, K.C. Venugopal, R. S. Gavai, V. S. Achuthanandan, K. V. Thomas, Vayalar Ravi, C P Joshi, Mullapaly Ramachandran, and N Ramachandran.
[edit] See also
[edit] Reference
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