Media release
A REMARKABLE ACHIEVEMENT FOR DP WORLD COCHIN - SETS NEW RECORD WITH HIGHEST THROUGHPUT FOR AUGUST
Cochin, India, September 7, 2017: Global trade enabler DP World operated the India Gateway Terminal Pvt. Ltd. (IGTPL) has set a new monthly container handling record, crossing the 50,000-TEU mark for the first time in August 2017. Compared to August 2016, IGTPL achieved a 16 per cent growth in August 2017.
Efficiency parameters at IGTPL continued to be outstanding, with a Gross Crane Rate (GCR) of 30+ moves per hour, and truck turnaround time of 26 minutes, gate-to-gate which is in line with the best in international industry standards. The terminal in August also successfully hosted more than thousand mainline vessels since its inception in 2011 connecting Cochin with crucial international ports across the globe.
These record-breaking numbers have been achieved by the aggressive marketing efforts undertaken by the Terminal and the Port Trust. IGTPL has been providing mainline vessel options ex-Cochin and an extremely flexible & efficient customer service which has turned out to be an attractive proposition for customers. Additionally, the in-house developed, technologically advanced, intelligent Terminal Operating System (TOS) – ZODIAC provides a high level of automation and helps the Terminal maintain a high productivity and efficiency level.
Mr. Jibu Kurien Itty, CEO, DP World Cochin, said, “We at DP World are dedicated towards providing innovative and efficient services to our customers and partners in the supply chain. IGTPL has substantially strengthened the trade in this region, with better transit via Cochin on mother vessels, helping customers to reach markets faster and reduce working capital requirements. We have facilitated trade by providing faster transit times and best-in-class services to our customers. We would also like to thank the Cochin Port Trust, State & district administration, our esteemed Customers and employees for their support towards this magnificent achievement.”
IGTPL has direct mainlinevessels connecting the ports in Far East, Australia, Southeast Asia, Europe, The Mediterranean and the Middle East. The terminal has three weekly sailings to Middle East, one to Far East & one to Europe & the Mediterranean. In addition to these mainline services, IGTPL also has four weekly sailings to Colombo.It is also well connected to other Indian ports on both coasts, including Mundra,Pipavav,NhavaSheva, Goa, Mangalore,Tuticorin, Chennai,Katupalli,Krishnapatinamand Visakhapatnam.
About DP World:
DP World[1] is a leading enabler of global trade and an integral part of the supply chain.
We operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services to technology-driven trade solutions.
We have a portfolio of 78 operating marine and inland terminals supported by over 50 related businesses in 40 countries across six continents with a significant presence in both high-growth and mature markets. We aim to be essential to the bright future of global trade, ensuring everything we do has a long-lasting positive impact on economies and society.
Our dedicated team of over 36,500 employees from 103 countries cultivates long-standing relationships with governments, shipping lines, importers and exporters, communities, and many other important constituents of the global supply chain, to add value and provide quality services today and tomorrow.
Container handling is the company’s core business and generates more than three quarters of its revenue. In 2016, DP World handled around 64 million TEU (twenty-foot equivalent units) across our portfolio. With its committed pipeline of developments and expansions, the current gross capacity of 84.6 million TEU is expected to rise to more than 100 million TEU by 2020, in line with market demand.
By thinking ahead, foreseeing change and innovating we aim to create the most productive, efficient and safe trade solutions globally.
For further information, please contact:
Sonika Damania+91 98218 67826
[1] As of April 2017