News Details

DP World Cochin handles 50,000 TEUs in  50 days of lockdown  


The DP World-operated International Container Transhipment Terminal (ICTT) at Cochin has successfully handled over 50,000 TEUs along with 53 vessels during the 50-day lockdown period. 


As a provider of essential services, ICTT is operational 24x7 and has taken every step to ensure that the nationwide lockdown has minimum impact on trade. The terminal is playing a key role to ensure the constant flow of essential goods like rice, wheat, pulses, fruits, medical equipment and other cargo, said a release. 


To enable trade in the current times when there are challenges around road transportation, DP World Cochin is using alternate modes of transport for evacuating cargo from the port. During the lockdown period, the terminal handled 19 rakes and the rail volume has seen an impressive four-fold increase.  


DP World continues to thrive on initiatives that add value to the supply chain by engaging with customers and stakeholders. This includes successful implementation of Bharat Trade, a digital portal which enables smooth paperless transaction, offers a single window to customers and ensures digital exchange of data on real-time basis. During the lockdown period, the platform saw an increase in the number of users and assisted the trade in facilitating swift online transactions. 


Mr Praveen Joseph, CEO, DP World Cochin, said, “As a provider of essential services, we are ensuring the continuous flow of goods across the country. Our Cochin terminal has continued to operate throughout the lockdown period, keeping the productivity in line with global standards of 30 plus moves per hour. We have taken every possible step to support our customers and to maintain the best possible level of operations, while following strict health and safety guidelines, with the support of Cochin Port Trust, the Ernakulam District and Kerala State Administrations, the Police Department and other stakeholders in the trade.”


The company is also committed to support the local communities during these challenging times and is distributing dry ration kits to those who depend on daily wages or have lost their livelihoods during this time, the release added.

 

Source: Exim News Service: Cochin, May 21 

EXIM INDIA PROFILE

click here!!

Search News

Currency Import Export
U.S.Dollar 75.30 74.37
U.K.Pound 99.27 97.32
Euro 89.63 88.10

As On 06th August, 2020

more forex rates...

Currency Import Export
U.S.Dollar 76.10 74.40
Sterling Pound 96.10 92.85
Euro 87.35 84.25

w.e.f.17th July, 2020

more custom rates...