ictt

Global maritime trade faces disruptions with the Strait of Hormuz closure impacting energy supplies. India is bolstering its maritime capabilities, investing heavily in port infrastructure like the Great Nicobar Island Project. This strategic move aims to enhance economic and military influence, securing trade routes and reducing reliance on foreign transhipment hubs.

The Strait of Hormuz crisis highlights global maritime vulnerabilities. For China, the Strait of Malacca presents a similar, long-term strategic risk. India's Andaman and Nicobar Islands offer proximity and surveillance capabilities, providing significant leverage. This geographical advantage allows India to create uncertainty and pressure, impacting China's vital trade and energy lifelines.

For the first time in the last 10 years, the International Container Transhipment Terminal (ictt) here has registered a fall in container handling. From 7.35 lakh twenty-foot equivalent units (TEUs) in 2021-22, it has come down to 6.95 lakh TEUs in 2022-23.

According to the agreement between ictt and the developer Cochin Port Trust, domestic cargo, except bulk, has been shifted to ictt.

The International Container Transshipment Terminal (ictt), Vallarpadam has achieved a record growth rate of 21 per cent in throughput this October.

The Centre has not yet taken a decision on waiving the Cabotage Law for the Vallarpadam International Container Transhipment Terminal.

The officials of the Special Economic Zone (SEZ), on Wednesday, started efforts to amicably settle the disputes between the customs wing and the various agencies working at Vallarpadom International Container Transshipment Terminal (ictt).

Efforts are on to resolve simmering tensions between the customs wing and various agencies providing security at the Vallarpadom International Container Transshipment Terminal (ictt).

Another container of red sanders, which was smuggled to Dubai from the Vallarpadom International Container Transshipment Terminal (ictt) here, was successfully traced and brought back from Dubai by the Directorate of Revenue Intelligence (DRI) on Thursday.

The International Container Transhipment Terminal (ictt) here on Tuesday will receive a mainline vessel, which will have containers to be transhipped to Colombo, marking a historic reversal of roles, between the ports of Cochin and Colombo.

According to the latest reports, the NEMO/EAX Service to Europe from ictt may withdraw the Kochi call in the backdrop of the latest developments.

The Directorate of Revenue Intelligence (DRI) seized 13.5 tonnes of red sanders from a container at Vallarpadom International Container Trans-shipment Terminal (ictt) on Friday.

The Directorate General of Export Promotion (DGEP) has issued an 'office memorandum' to resolve the long-pending row over the customs inspection at the International Container Transhipment Terminal (ictt) at Vallarpadam.

The national flag carrier Shipping Corporation of India (SCI) is ready to deploy more vessels to the International Container Transshipment Terminal (ictt) Vallarpadam, in case of increased cargo flow here.

The International Container Transshipment Terminal (ictt) at Vallarpadam is likely to get exemption from cabotage regulations soon, Union shipping secretary K Mohandas told TOI here.

The Union cabinet on Thursday decided to give cabotage waiver to the International Container Transshipment Terminal (ictt) at Vallarpadam.

The issue of the evictees of Moolampilly for the Vallarpadom International Container Trans-shipment Terminal (ictt) project seems to be haunting the ruling front.

"We will be visiting Tirupur soon to convince exporters that ictt is taking more business-friendly steps.

As per the guidelines, there should be a processing area and a non-processing area within the SEZ.

Labour officials, on Monday evening, held talks to resolve the truck drivers' strike at the International Container Transshipment Terminal (ictt) in Vallarpadam.

Plagued by a series of rows and regulatory frameworks, the growth of International Container Transshipment Terminal (ictt) at Vallarpadam seems to be heading backward.

Cabotage waiver likely to be approved in Jan

In a major achievement towards making Kochi a transshipment hub of the country, the Cochin Port Trust (CPT) has managed to garner the highest-ever transshipment container traffic of 1.

Following a spike in fatal accidents, the district administration announced a total ban on parking trucks along the 17.2-km-long International Container Transshipment Terminal (ictt) Road on Friday.

With central and state intelligence agencies suspecting trafficking of various contrabands and goods through International Container Transhipment Terminal (ictt) at Vallarpadam, the customs department has decided to approach the Centre to speed up measures to install scanners at the terminal.