- Recently, the Ministry of Shipping reviewed the development of the country’s first trans-shipment hub – Kochi International Container Trans-shipment Terminal (ICTT).
Back to Basics
- The Kochi International Container Transshipment Terminal (ICTT), locally known as the Vallarpadam Terminal, is the first transshipment terminal in India and the first container terminal to operate in a SEZ.
- It is part of the Cochin Port in Kochi, Kerala.
- It will cut India’s dependence on neighboring hub ports such as Colombo in Sri Lanka, Jebel Ali in Dubai and Port Klang in Malaysia to send and receive container cargo, thus saving time and cost for exporters and importers.
- It is a terminal at a port which handles containers, stores them temporarily and transfers them to other ships for the onward destination.
It basically acts as a switching point for cargo carried by deep-sea vessels operating on trans-continental trade routes.
Source: PIB & Wikipedia