Steps to be taken to boost cargo traffic at ICTT

A joint meeting of stakeholders of the Cochin Port Trust today decided to implement a concerted plan to attract new shipping services to Vallarpadam International Container Transhipment Terminal (ICTT) that has not been able to attract much cargo so far.
Noting that there were rooms for more cost reduction, the meeting resolved to proceed with a diagnostic approach to identify the existing factors leading to comparative disadvantages and put in place remedial measures.
"For this, it was decided to jointly engage a study by a consultant to come up with plans to bring cost competitiveness and service reliability while using ICTT," a port trust release said.

The stakeholders included Cochin Chamber of Commerce and service providers like Terminal Operator, Steamer Agents Association, and Custom House Agents Association.