Vallarpadam Container Terminal (ICTT), Kochi (Kochi)
India /
Kerala /
Kochi
World
/ India
/ Kerala
/ Kochi
World / India / Kerala / Pattanamtitta
sea port, container / transport / storage terminal
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.The terminal is biggest in its kind in South Asia
Being constructed in three stages, the first phase of the terminal was commissioned on Feb 11, 2011. This can handle cargo up to one million TEUs (twenty-foot equivalent units) per annum. On completion of the third phase, the terminal will be able to handle 4 million TEUs of cargo per annum. 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.
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 Hon’ble 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 His Excellency, the Governor of Kerala, Mr. R.L. Bhatia, the Hon’ble Minister of Shipping, Government of India, Mr.T.R. Baalu,and the Hon’ble 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 Worldhas been granted a 38-year concession for the exclusive operation and management of the site.
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 Indian Rupee symbol.svg 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.
Being constructed in three stages, the first phase of the terminal was commissioned on Feb 11, 2011. This can handle cargo up to one million TEUs (twenty-foot equivalent units) per annum. On completion of the third phase, the terminal will be able to handle 4 million TEUs of cargo per annum. 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.
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 Hon’ble 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 His Excellency, the Governor of Kerala, Mr. R.L. Bhatia, the Hon’ble Minister of Shipping, Government of India, Mr.T.R. Baalu,and the Hon’ble 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 Worldhas been granted a 38-year concession for the exclusive operation and management of the site.
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 Indian Rupee symbol.svg 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.
Wikipedia article: http://en.wikipedia.org/wiki/International_Container_Transshipment_Terminal,_Kochi
Nearby cities:
Coordinates: 9°58'56"N 76°15'8"E
- Willingdon Island 1.4 km
- Thoothukudi 236 km
- Chennai Port - Central 563 km
- Ramayapatnam Seaport & Ship Yard 702 km
- Jafrabad creek 1328 km
- Bharuch 1357 km
- ASTARANGA PORT 1547 km
- Paradip 1595 km
- Paradip Port 1598 km
- DHAMARA PORT 1666 km
- India Gateway Container Transhipment Terminal 0.6 km
- Vallarpadam 1.4 km
- Grand Hyatt Kochi Bolgatty 1.5 km
- Ernakulam Wharf 2.2 km
- Fort Cochin 3 km
- Mulavukad 3.3 km
- Willingdon Island 4.6 km
- Ernakulam 5.2 km
- Vembanad Lake (North) 12 km
- Vembanad Lake - Central (Kochi Lake) 13 km
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