PORT OF COCHIN IN DEEP DRAUGHT CLUB

Port of Cochin has joined the club of deep draught ports in the world servicing 14.5-metre vessels with the call of the main line container vessel M V Petrohue on July 13, 2015 at the International Container Transhipment Terminal (ICTT) Operated by Dubai Ports World

M V Petrohue is part of the shipping service GALEX (GLX—a consortium of ESL, KMTC, RCL and Hanjin) connecting Pusan, Shanghai, Ningbo, Chiwan, Singapore, Port Klang, Colombo, Cochin, Nhava Sheva, Mundra and Jebel Ali. GALEX, having seven vessels of 6,500 TEUs capacity each, reinforces ICTT  position as a transhipment hub with state-of-the-art facilities. GALEX vessels will call at Cochin on a weekly basis -generally on Monday every week.

Cochin Port Trust had made 14.5 metres draught available at the ICTT basin in April 2013.Cochin Port Trust  on Tuesday said CPT offers rebate up to 85 per cent on vessel-related charges to match the rates with that of Colombo Port.This rebate is available to all mainline vessels calling at ICTT, the CPT said. “As per the circular dated 26-06-2015, the discount of 85 per cent is available to mainline vessels having less than 13 metres draft handling a minimum of 300 TEUs containers at the Terminal, mainline vessels  having 13 to 13.5 metres draft handling a minimum of 800 TEUs containers at the terminal, and mainline vessels  having 13.5 to 14.5  metres draft, handling a minimum of 1800 TEUs containers at the terminal,” the port said in a statement. Any how for shipping companies to get concession "Bring more Teus and get Maximum Rebate"