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Global Shipping & Trade
Asia

DP World Cochin sets an all-time record for the 2nd consecutive year

by Maritimegateway
April 2, 2025
in Asia, News, Ports & Terminals
Reading Time: 2 mins read
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DP World’s Container Terminal (ICTT) in Cochin has set an all-time high-volume record in FY 2024-25, handling 834,665 TEUs, registering around 11% year-on-year growth. The earlier record was 754,237 TEUS achieved in the previous financial year. The transshipment volume also set a new record at 169,562 TEUS. Volume records were also set across various business segments, including foreign exports, coastal exports, reefer volumes, and the highest single-vessel volume transaction. DP World Cochin recorded one of the highest number of vessels calls per annum in South and East India at 640, reinforcing its pivotal role in regional trade and supply chain efficiency during this period.

In the FY 2024-25, DP World Cochin has significantly expanded its capacity with strategic infrastructure upgrades, including the introduction of new Ship-to-Shore (STS) cranes, electrified Rubber-Tyred Gantry Cranes (e-RTGs), and an expanded yard space—boosting the terminal’s total capacity to ~ 1.4 million TEUs. The terminal’s power infrastructure upgrades from 3 MVA to 5 MVA ensures seamless operations during peak demand, while the 100% electrification of yard cranes along with the in-house solar plant reduces the carbon footprint for cargo, offering customers a sustainability-driven competitive edge. DP World also successfully handled multiple Ultra Large Container Vessels (ULCVs) over 350 meters in length in the past year, demonstrating its ability to accommodate growing trade volumes.

Additionally, Kerala’s first Free Trade Warehousing Zone (FTWZ)—India’s only such facility within a major port—has achieved a significant milestone by handling 2,255 metric tons of cargo in FY2024-25.  This reinforces FTWZ’s role as a key enabler of trade efficiency and economic growth in the region.

Commenting on the successful performance, Praveen Joseph, CEO, DP World Ports & Terminals, Cochin, said, “We had another successful year in our endeavor to become the most preferred gateway port for the South Indian market. Along with capacity expansion, we were able to bring in new solutions like the Free Trade Warehousing Zone to support the growth ambitions of the regional Exim and Coastal trade. We will continue to focus on ease of doing business, fast delivery times, high productivity and sustainability to benefit the trade.  Building on this positive momentum, we will strive to strengthen the synergies between our terminal operations and the Free Trade Warehousing Zone. We appreciate the excellent support provided by the Cochin Port Authority in enabling us reach new milestones.”

DP World Cochin offers direct mainline (mother vessel) connectivity to key regions, including the Far East, Southeast Asia, the Middle East. This enables 50% of the cargo to be transported directly on mother vessels, bypassing congested hubs and significantly reducing transit time.

DP World remains steadfast in their mission to lead the industry in safety and innovation, continually striving to provide the best-in-class solutions.

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