Global terminal operator DP World is said to have invested about US$600 million in the Cochin terminal, better known as Vallarpadam, betting in large part on the vast volume of Indian containerised cargo usually transhipped over Colombo Port in Sri Lanka.
But the decade-long effort produced little measurable transshipment cargo gains for the alternative gateway, a shortcoming DP World attributed to high port charges for mainline operators seeking to add direct calls at Cochin.
That dismal outlook...
https://container-news.com/aided-by-colombo-diversions-dp-world-cochin-lifts-transshipment-volumes/