International Container Transshipment Terminal, Kochi
Encyclopedia
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. This can handle cargo up to one million TEU
s (twenty-foot equivalent units) per annum. On completion of the third phase, the terminal will be able to handle 4 million TEU
s 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.
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.
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.
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 Crane
s 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.
, 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, N Ramachandran.
Container terminal
A container terminal is a facility where cargo containers are transshipped between different transport vehicles, for onward transportation. The transshipment may be between container ships and land vehicles, for example trains or trucks, in which case the terminal is described as a maritime...
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
Kerala
or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....
.
Being constructed in three stages, the first phase of the terminal was commissioned on 11 Feb 2011. This can handle cargo up to one million TEU
Twenty-foot equivalent unit
The twenty-foot equivalent unit is an inexact unit of cargo capacity often used to describe the capacity of container ships and container terminals...
s (twenty-foot equivalent units) per annum. On completion of the third phase, the terminal will be able to handle 4 million TEU
Twenty-foot equivalent unit
The twenty-foot equivalent unit is an inexact unit of cargo capacity often used to describe the capacity of container ships and container terminals...
s 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 WorldDubai Ports World
DP World is a major operator of marine ports with 49 terminals in operation and a further 9 under development across 31 countries. In 2010, DP World handled nearly 50 million TEU across its portfolio from the Americas to Asia...
announced that it has formally signed an agreement with the CoPT
Cochin Port Trust
The Port of Kochi is a major port on the Arabian sea - Indian Ocean sea-route and is one of the largest ports in India. The port lies on two islands in the Lake of Kochi namely the Willingdon Island and Vallarpadam, towards the Fort Kochi river-mouth opening onto the Arabian sea...
to construct, develop and operate an International Container Transshipment Terminal (ICTT) – An India Gateway Terminal – at Vallarpadam
Vallarpadam
Vallarpadam is one among the group of islands, that form part of the city of Kochi, in the state of Kerala, India. It is situated in the Vembanad_Lake known here as Lake of Kochi and has a population of over 10,000...
.
The project was, formally, launched with the laying of the foundation stone by Mr. Manmohan Singh
Manmohan Singh
Manmohan Singh is the 13th and current Prime Minister of India. He is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. A Sikh, he is the first non-Hindu to occupy the office. Singh is also the 7th Prime Minister belonging to the Indian...
, the Prime Minister of India
Prime Minister of India
The Prime Minister of India , as addressed to in the Constitution of India — Prime Minister for the Union, is the chief of government, head of the Council of Ministers and the leader of the majority party in parliament...
. The ceremony was attended by Dr. Jacob Thomas
Jacob Thomas
Jacob Thomas VC was a Welsh recipient of the Victoria Cross, the highest and most prestigious award for gallantry in the face of the enemy that can be awarded to British and Commonwealth forces.-Details:...
, Chairman, CoPT
Cochin Port Trust
The Port of Kochi is a major port on the Arabian sea - Indian Ocean sea-route and is one of the largest ports in India. The port lies on two islands in the Lake of Kochi namely the Willingdon Island and Vallarpadam, towards the Fort Kochi river-mouth opening onto the Arabian sea...
and Mr. Sultan Ahmed Bin Sulayem
Sultan Ahmed bin Sulayem
Sultan Ahmed bin Sulayem is the chairman of Dubai World, a diversified holding company based in the United Arab Emirates and owned by the government of Dubai.-Family background:...
, Executive Chairman, DP World. The proceedings were overseen by the Governor of Kerala, Mr. R.L. Bhatia,
the Minister of Shipping
Minister of Shipping
The Minister of Shipping was a British government post created during the First World War and again during the Second World War. In 1941 it was merged into the position of Minister of Transport which was then renamed Minister of War Transport....
, Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...
, Mr.T.R. Baalu,and the Chief Minister of Kerala
Chief Minister of Kerala
The Chief Minister of Kerala is the elected head of government of the state of Kerala, India. By the Constitution of India, the Chief minister is appointed by the Governor of the state....
, Mr.Oommen Chandy
Oommen Chandy
Oommen Chandy is an Indian politician and the current Chief Minister of Kerala. He has held the Chief Minister of Kerala position earlier from 2004 to 2006, and was the Leader of the Opposition in the Kerala Legislative Assembly from 2006 to 2011.-Early life:Oommen Chandy or 'Kunjoonju' was born...
.
Approval for the agreement was given by the Cabinet Committee of Economic Affairs of the Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic 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.
Overview
Vallarpadam Terminal is the largest single operator container terminal in IndiaIndia
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
and the first in the country to operate in a special economic zone. The terminal makes Kochi
Kochi
-Places:* Kochi, a city in the state of Kerala, India, formerly known as Cochin* Kingdom of Cochin, a former feudal city-state on Malabar Coast, India** Fort Kochi, one of the three main urban components which constitute the present day city of Kochi, Kerala, India...
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 Crane
Mobile crane
-Defination:Mobile Crane A cable-controlled crane mounted on crawlers or rubber-tired carriers. A hydraulic-powered crane with a telescoping boom mounted on truck-type carriers or as self-propelled models..-History:...
s 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
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
and Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
for containers being transshipped for the Indian market.
Opening
On 11 February 2011 the terminal was inaugurated by the Mr. Manmohan SinghManmohan Singh
Manmohan Singh is the 13th and current Prime Minister of India. He is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. A Sikh, he is the first non-Hindu to occupy the office. Singh is also the 7th Prime Minister belonging to the Indian...
, Prime Minister of India
Prime Minister of India
The Prime Minister of India , as addressed to in the Constitution of India — Prime Minister for the Union, is the chief of government, head of the Council of Ministers and the leader of the majority party in parliament...
.
The ceremony was attended by A. K. Antony
A. K. Antony
Arackaparambil Kurien Antony is an Indian National Congress politician, a former Chief Minister of Kerala, and the current Defence Minister of India....
, G. K. Vasan
G. K. Vasan
G. K. Vasan, is a prominent Congress leader from Tamil Nadu. He did his schooling from the prestigious Madras Christian College Hr. Secondary School and later his graduation from the New college. He is the son of late Veteran Congress leader G K Moopanar who later formed his own political outfit...
, K.C. Venugopal
K.C. Venugopal
K.C. Venugopal is an Indian politician and Union Minister of State for Power in Indian Government. He is the Member of Parliament of Alappuzha Lok Sabha Constituency.- Personal life :...
, R. S. Gavai, V. S. Achuthanandan
V. S. Achuthanandan
Velikkakathu Sankaran Achuthanandan is an Indian politician and a former Chief Minister of the state of Kerala. He had been a member of the Politburo of the Communist Party of India since 1985, and until July 2009, when he was reverted to the Central Committee of the party owing to his...
, K. V. Thomas
K. V. Thomas
Kuruppasserry Varkey Thomas , formally known as K. V. Thomas, is an Indian politician hailing from Kumbalangi in Ernakulam District, Kerala, India. He is currently the Minister of State in the Ministry of Agriculture and Minister of State in the Ministry of Consumer Affairs, Food and Public...
, Vayalar Ravi
Vayalar Ravi
Vayalar Ravi is a prominent Indian politician, currently the Union Cabinet Minister of Overseas Indian Affairs and Minister of Civil Aviation. He is a member of the Rajya Sabha.-Political Life:...
, C P Joshi , Mullapaly Ramachandran, N Ramachandran.
See also
- Vembanad Bridge Vembanad Rail BridgeVembanad Rail Bridge in the state of Kerala is a rail connecting Edappally and Vallarpadam in Kochi . It is the longest rail bridge in India. The line is dedicated only for goods traffic.-Construction :...
- National Highway 47C (India)National Highway 47C (India)National Highway 47C or NH 47C starts at Kalamassery and ends at Vallarpadam International Container Transhipment Terminal in Kochi, Kerala, India...
- Inland portInland portThe term inland port is used in two different but related ways to mean either a port on an inland waterway or an inland site carrying out some functions of a seaport.- As a port on an inland waterway :...
- Kochi LNG TerminalKochi LNG TerminalKochi LNG is a proposed liquefied natural gas regasification terminal in Puthuvypeen, Kochi, India.The LNG terminal is under construction and is scheduled for commissioning by the third quarter of 2012.- Facilities :...
Reference
- Prime Minister inaugurates Rs 3,200 cr ICTT at Cochin Port
- PM to open container terminal in Kerala
- Vallarpadam terminal: DP World submits plan to Kochi port
- Ineptness delays Vallarpadam container terminal
- Kochi Port can opt to operate box terminal -Trade Union
- 6 new generation cranes arrive at Vallarpadam
- Radioactive detectors to be installed at ports
- Mammoth cranes for Vallarpadam arrive