Maersk Line’s Largest ship to call Indian shores:
The state of the art Internat...
Maersk Line’s Largest ship to call Indian shores:
The state of the art International Container Transhipment Terminal (ICTT) operated by DP World, today witnessed the berthing of the largest ever container vessel to call a South Indian port. The Singaporean flagged vessel Maersk Sembawang has a length of 319 metres and with a capacity of 6478 TEU is also the largest Maersk Line Vessel to call in India. The previous largest container ship to call South Indian ports was also a Maersk Line vessel, the Maersk Kalamata at Chennai port (length of 303.83 metres, capacity of 6,416 TEUs)
Anil Singh, Sr VP & Managing Director of DP World Subcontinent said “The International Container Transshipment Terminal with its crucial location in the subcontinent is fast emerging as one of the important catalyst to India’s growing trade and our country’s meeting the ambitious targets of the Ministry of Shipping’s Maritime Agenda 2020”
Speaking on the occasion, KK Krishnadas, Chief Executive officer, DP World Cochin said “Maersk Line’s decision to bring the Maersk Sembawang to Cochin reflects the growing faith of global shipping lines in the potential of the infrastructure we have built in Cochin. This is an important milestone for us in Cochin Port, and endorses our capability to handle large mainline container vessels with the highest productivity standards.”
Equipped with the most modern equipment, comprising four super post-panamax twin lift quay cranes, 15 rubber-tired gantry cranes, 600 meters of quay length and dedicated rail connectivity with hinterland destinations, ICTT offers customers a unique value proposition. Connecting key south Indian markets like Bangalore, Coimbatore, Tirupur and Salem, the port has convenient access through rail, road and sea to important south India ports like Tuticorin and Mangalore, making it a crucial backbone to the south Indian hinterland, which contributes to a quarter of India’s trade volume. Barging operations using the inland water ways of Kerala, gives the terminal safer and eco-friendly connections to the markets, seldom seen in most other terminals.
As one of the first container terminals to operate within a SEZ, the port has a dedicated four lane highway, direct rail connectivity to the terminal and excellent coastal connectivity to all the ports in the country offering multimodal options to the trade. With its unique position and proximity to the East-West Trade route and located 11 nautical miles off the Middle East trade route and 76 nautical miles off the Suez route, the terminal is positioned to be a crucial transhipment hub to the Asia –Europe, Africa and Middle East trades.
The state of the art International Container Transhipment Terminal (ICTT) operated by DP World, today witnessed the berthing of the largest ever container vessel to call a South Indian port. The Singaporean flagged vessel Maersk Sembawang has a length of 319 metres and with a capacity of 6478 TEU is also the largest Maersk Line Vessel to call in India. The previous largest container ship to call South Indian ports was also a Maersk Line vessel, the Maersk Kalamata at Chennai port (length of 303.83 metres, capacity of 6,416 TEUs)
Anil Singh, Sr VP & Managing Director of DP World Subcontinent said “The International Container Transshipment Terminal with its crucial location in the subcontinent is fast emerging as one of the important catalyst to India’s growing trade and our country’s meeting the ambitious targets of the Ministry of Shipping’s Maritime Agenda 2020”
Speaking on the occasion, KK Krishnadas, Chief Executive officer, DP World Cochin said “Maersk Line’s decision to bring the Maersk Sembawang to Cochin reflects the growing faith of global shipping lines in the potential of the infrastructure we have built in Cochin. This is an important milestone for us in Cochin Port, and endorses our capability to handle large mainline container vessels with the highest productivity standards.”
Equipped with the most modern equipment, comprising four super post-panamax twin lift quay cranes, 15 rubber-tired gantry cranes, 600 meters of quay length and dedicated rail connectivity with hinterland destinations, ICTT offers customers a unique value proposition. Connecting key south Indian markets like Bangalore, Coimbatore, Tirupur and Salem, the port has convenient access through rail, road and sea to important south India ports like Tuticorin and Mangalore, making it a crucial backbone to the south Indian hinterland, which contributes to a quarter of India’s trade volume. Barging operations using the inland water ways of Kerala, gives the terminal safer and eco-friendly connections to the markets, seldom seen in most other terminals.
As one of the first container terminals to operate within a SEZ, the port has a dedicated four lane highway, direct rail connectivity to the terminal and excellent coastal connectivity to all the ports in the country offering multimodal options to the trade. With its unique position and proximity to the East-West Trade route and located 11 nautical miles off the Middle East trade route and 76 nautical miles off the Suez route, the terminal is positioned to be a crucial transhipment hub to the Asia –Europe, Africa and Middle East trades.
Dear Colleagues
Today we have once again underlined our leading position in th...
Dear Colleagues
Today we have once again underlined our leading position in the industry with the announcement this morning of a 14% increase in container throughput from our portfolio of 50 terminals that were operational in 2010 when compared to 2009.
We have handled almost 50 million TEU during the year which is a new record for DP World and a remarkable achievement given where global markets were as recently as last year. It is particularly pleasing to see almost all terminals returning to peak levels last recorded in 2008.
I am proud to note that the UAE Region, driven by the performance of our flagship Jebel Ali terminal, had a particularly strong second half of the year reporting a return to peak levels last seen in the second half of 2008. This reflects the strengthening economy in both the UAE and broader Middle East region which Jebel Ali serves.
And while nobody has a crystal ball to see what the future will bring, we remain confident about the long term outlook for the container terminal industry and our strong competitive position within it.
I believe that these achievements stem from our commitment to strategic building of capacity when and where required by our customers. And hence, our investments during 2011 and beyond will remain focused on efficient ports and efficient supply chains that are best equipped to aid recovery, stimulate trade and support sustainable economic growth.
Congratulations my colleagues on the successes of 2010. I look forward to yet another exceptionally successful year in 2011, which will, because of its great people, be a great year for DP World.
Regards
Mohammed Sharaf
CEO
Today we have once again underlined our leading position in the industry with the announcement this morning of a 14% increase in container throughput from our portfolio of 50 terminals that were operational in 2010 when compared to 2009.
We have handled almost 50 million TEU during the year which is a new record for DP World and a remarkable achievement given where global markets were as recently as last year. It is particularly pleasing to see almost all terminals returning to peak levels last recorded in 2008.
I am proud to note that the UAE Region, driven by the performance of our flagship Jebel Ali terminal, had a particularly strong second half of the year reporting a return to peak levels last seen in the second half of 2008. This reflects the strengthening economy in both the UAE and broader Middle East region which Jebel Ali serves.
And while nobody has a crystal ball to see what the future will bring, we remain confident about the long term outlook for the container terminal industry and our strong competitive position within it.
I believe that these achievements stem from our commitment to strategic building of capacity when and where required by our customers. And hence, our investments during 2011 and beyond will remain focused on efficient ports and efficient supply chains that are best equipped to aid recovery, stimulate trade and support sustainable economic growth.
Congratulations my colleagues on the successes of 2010. I look forward to yet another exceptionally successful year in 2011, which will, because of its great people, be a great year for DP World.
Regards
Mohammed Sharaf
CEO
Railways conduct trial run to Vallarpadam:-
In the first of a series of trials o...
Railways conduct trial run to Vallarpadam:-
In the first of a series of trials on the rail link between Edappally and the International Container Transhipment Terminal site on Vallarpadam Island, an electric locomotive test-run was conducted here on Tuesday.
The test-run went off smoothly and the line was expected to be commissioned in the first week of February, sources in Rail Vikas Nigam Limited (RVNL) said.
The test-run was conducted in the presence of officials from RVNL, the special purpose vehicle which executed the work, and officials from Southern Railway, which will maintain the rail track.
The completion of the rail link to Vallarpadam was announced at the end of March last year and the first railway engine arrived at the Vallarpadam project site on March 31. The 8.86-km rail link, costing approximately Rs. 360 crore, is a key component of the container transhipment project, due for inauguration in the second week of February. A total of 12.5 hectares was acquired for the project.
The new rail link will be part of the railway lore of India as it also contains the longest rail bridge in the country, spanning 4.62 kms over Kochi's iconic Vembanad Lake.
Work on the project, an engineering challenge, began in June 2007.
Besides the longest railway bridge in India, the project also contains four smaller bridges, built on 1.2 diameter piles driven to an average depth of 55 metres. The project was built using 11,700 tonnes of reinforced steel; 58,000 tonnes of cement; 99,000 cubic metres of metal aggregates and 73,500 cubic metres of sand.
In the first of a series of trials on the rail link between Edappally and the International Container Transhipment Terminal site on Vallarpadam Island, an electric locomotive test-run was conducted here on Tuesday.
The test-run went off smoothly and the line was expected to be commissioned in the first week of February, sources in Rail Vikas Nigam Limited (RVNL) said.
The test-run was conducted in the presence of officials from RVNL, the special purpose vehicle which executed the work, and officials from Southern Railway, which will maintain the rail track.
The completion of the rail link to Vallarpadam was announced at the end of March last year and the first railway engine arrived at the Vallarpadam project site on March 31. The 8.86-km rail link, costing approximately Rs. 360 crore, is a key component of the container transhipment project, due for inauguration in the second week of February. A total of 12.5 hectares was acquired for the project.
The new rail link will be part of the railway lore of India as it also contains the longest rail bridge in the country, spanning 4.62 kms over Kochi's iconic Vembanad Lake.
Work on the project, an engineering challenge, began in June 2007.
Besides the longest railway bridge in India, the project also contains four smaller bridges, built on 1.2 diameter piles driven to an average depth of 55 metres. The project was built using 11,700 tonnes of reinforced steel; 58,000 tonnes of cement; 99,000 cubic metres of metal aggregates and 73,500 cubic metres of sand.
Vallarpadam container terminal to be inaugurated on Feb 11
Prime Minister Manmohan Singh willdedicate to the nation on February 11 the Rs 3,200-croreInternational Container Transhipment Terminal (ICTT) at nearbyVallarpadam, a major expansion project of Cochin Port Trust.Dubai Ports World (DPW), the terminal''s operator, hadcompleted construction of the modern terminal which would havestate-of-the-art cargo handling equipment, Cochin Port TrustChairman N Ramachandran told reporters here.
As per the agreement between CPT and DPW, the constructionof the terminal, its equipment and operations would be theresponsibility of DPW while the port would ensure road andrail connectivity to the project site and deepening of theshipping channels.
DPW has invested close to Rs 1,600 crore for the terminaland the union government, through CPT, another Rs 1,600 crorefor the road and rail connectivity of the project taken upthrough Private Public Participation (PPP) mode.DPW will operate the terminal for a 30-year period afterwhich the assets will come back to CPT as per the agreement,Ramachandran said adding one third of the gross revenue wouldgo to the CPT while the rest to DPW.
Emke group to invest Rs 600 cr in hotel cum convention centre in Kochi
Abu Dhabi-based Emke group will invest Rs 600 crore to set up a convention centre and hotel in Kerala. The convention centre and hotel complex is coming up in 26 acre land nearby Bolghatty.
"Talks are on with three Internationl hotel chains -- Ritz Carlton, Hyatt and Hilton group for the 7,000-room hotel complex", Chairman M A Yusuf Ali told at a press conference organised by the Ernakulam Press club here.
"Within a month, we will finalise it and by April, the work would start", he siad.
About 4,000 people would get direct employment once the hotel-cum convention centre is completed.
Kerala is a investment-friendly state, he said, besides the Rs 600 crore project, work on the Rs 1,500-crore shopping mall, claimed to be the biggest in the country, is also fast coming up here.
Eighty per cent of the work in the mall has been completed and by January next, the work is expected to start in full swing, he said.
Yusuf Ali, who has been appointed by the state government to iron out differences with the Dubai-based Tecom, promoters of the Kochi Smart city project, said he was happy that he could convince the Dubai government about the feasiblity of the Rs 1,500-crore IT infrastructure project.
Being an elected member of Abu Dhabi chamber of commerce, which is a government body, he could get appointments with the Dubai government officials for talks regarding the smart city project, he said.
When asked why Kochi Smart city CEO Fareed Abdul Rehman was not called for yesterday's talks with the state government, Yusuf Ali said it is Dubai government's decision on who should or should not come for talks.
He parried off further questions on the project saying he was not a politician.
Yusuf Ali also said his hyper mall in Egypt and its 41 staffs were safe.
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