DP World Cochin handles 50,000 TEUs in lockdown period

Our Bureau Kochi | Updated on May 20, 2020 Published on May 20, 2020

The International Container Transshipment Terminal (ICTT) at Kochi has handled over 50,000 TEUs along with 53 vessels during the 50 days of lockdown period.

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

To enable trade in current times when there are challenges around road transportation, DP World Cochin is using alternative modes of transport for evacuating cargo from the port. In the lockdown period, the terminal has 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 and 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 number of users and assisted the trade in facilitating swift online transactions.

According to Praveen Joseph, CEO, the 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 maintain the best possible level of operations, while following strict health and safety guidelines, with the support of Cochin Port Trust, the Ernakulam District & Kerala State Administrations, the Police Department and other stakeholders in the trade.”

Published on May 20, 2020

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.