A feasibility report conducted by global management consulting firms Typsa Group and Boston Consulting Group has found that a new container transhipment terminal at Colachel Port, South West India, could recapture a large amounts of cargo dispatched from other hub ports in the region, such as the Port of Colombo in Sri Lanka, according to the Journal of Commerce.
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The feasibility report said: “The port will mainly accommodate containers and operate largely as a hub, leveraging its location on international trade route between countries in Southeast Asia, the Middle East and Europe.
“The port has been designed for Triple-E class container vessels and 120,000 deadweight tons [more than 108,000 tonnes] capacity cape-size solid bulk vessels.
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“The container terminal has been designed with the latest automation technology for container handling equipment to ensure excellent operational productivity and efficiency,”
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