Vallarpadam Container Terminal Project (VCTP) will be a unique one in infrastructure to boost the containerization in India. The establishment of VCTP will help in bringing larger ships to India and therefore will decrease the dependence on foreign ports.
The important infrastructures in port sector are marine access, cargo infrastructure, land access infrastructure, port superstructure services and port operators. A rapid increase in tariff volume over the years which has opened differerent challenges to restructuring the major and minor ports in India and to handle large tariff in less time, containerization is the need of the hour.
Vallarpadam is a part of the existing Cochin port. The Cochin port became a major port under the Major Port Trust Act 1963 and now has crude handling facilitates, containerization of cargo and electronic data interchange facilities, which have put Cochin in the front as far as port development in the country is concerned. The Cochin port has unique geographical advantages as it is near to international sea trade routes which connects Europe and the Gulf to South East Asia and the Far East.
Vallarpadam, ICTT will help bring trans-shipment of Indian cargo back to India. Raj Mal says, "Since Vallarpadam is part of the existing Cochin port, we hope that the strategic advantage of line owners to the international route will be fully utilized by this terminal." Thus, projects like International Container Trans-shipment Terminal (ICTT) at Vallarpadam, Cochin will be helpful in bringing up India in the international maritime industry. |