In a bid to expand its operations, India Gateway Terminal Private Limited (IGTPL) – the Indian arm of DP World that operates India’s first transshipment terminal in the southern port city of Kochi – is planning to increase its capacity over the next two years by adding two additional shipping berths, according to Gulf News.
Jibu Kurien Itty, CEO of IGTPL said: “The terminal in Kochi has recorded a 28% growth year-on-year for January 2016, against the same period last year.
“Our current capacity with two berths can handle a maximum of one million TEU per year, while the designed capacity of the terminal is four million TEU per year.
“So with one of the youngest operations in the global maritime industry, we can definitely look forward to reasonably strong growth in the future under the right kind of circumstances.”
Itty concluded: “With an industry benchmarked turnaround time of 25 minutes per truck, we have optimised our efficiency and provide ample opportunities for trans-shipment for companies to leverage our strengths and save substantial costs.”