DP World-operated International Container Transshipment Terminal (ICTT) at Cochin recently added a new weekly Far East West Africa India Express service (FEW3) operated by Maersk Line. The new service, with fixed day weekly sailings, will deploy 13 vessels of between 4,500 and 5,500 TEU capacity.
Providing direct connections from West Africa to Cochin and from Cochin to Far East ports, the launch of FEW3 is expected to boost cashew, raw cotton and timber exports from Kerala and Tamil Nadu enabling them to access direct sailings rather than having to tranship at Colombo. As well as an overall cost advantage, the service will reduce transit times by 7-10 days.
So far this year the ICTT terminal has registered a 48% container volume growth, surpassing the overall South Indian ports growth rate of 23% for the same period. The terminal says it has achieved this growth by enhancing direct vessel connections and strengthening rail connectivity to its hinterland.