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Home > All news > Business, Port > India eyes more Transshipment business

India eyes more Transshipment business

July 11, 2024
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New Delhi - India’s bid to take away transhipment business from established regional leader Sri Lanka is gaining steam.

Cochin Port Authority (CPA) in the far southwest of the country has outlined plans to deepen the channel leading to its International Container Transshipment Terminal (ICTT) from 14.5 m to 16 m in a bid to attract larger ships to call.

Cochin is fighting for box business both from Sri Lanka and Vizhinjam, a nearby port with depths of up to 20 m, set to launch in Q3 this year.

Nearly 75% of . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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