Moneycontrol PRO
LAMF
LAMF

DP World's ICTT to develop advanced cargo handling facilities at Cochin Port

The pact, signed during the International Maritime Week that concluded here last Friday, includes enhancing marine infrastructure to support future vessel requirements at DP World's Terminal in Cochin, with support from the central government, DP World said.
November 03, 2025 / 16:46 IST
markets

DP World-operated International Container Transshipment Terminal (ICTT) on Monday signed an initial pact with the Cochin Port Authority for developing advanced cargo handling facilities at Cochin Port.

The pact, signed during the International Maritime Week that concluded here last Friday, includes enhancing marine infrastructure to support future vessel requirements at DP World's Terminal in Cochin, with support from the central government, DP World said.

Ministry of Ports, Shipping and Waterways-supported strategic collaboration signifies another step towards transforming Kerala's maritime and logistics capabilities, the company said.

"Strengthening Kerala's maritime infrastructure will support India's vision of leadership in global trade. We see Cochin Port Authority as a critical enabler of India's trade and supply chain integration, and this memorandum of understanding (MoU) reinforces that vision," said Rizwan Soomar, CEO & MD for MENA and India Subcontinent at DP World.

The partnership with DP World marks a new chapter in Cochin Port's modernisation and maritime capabilities, said B Kasiviswanathan, Chairperson at Cochin Port Authority.

"The proposed enhancement of ICTT's infrastructure, enabling the berthing of large vessels, will unlock new opportunities for trade, logistics, and industrial growth," he said.

PTI
first published: Nov 3, 2025 04:46 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347