Record Commodity Traffic at Cochin Port Trust


Kochi: The Cochin Port Trust (CPT) has registered a commodity traffic of 25.01 Million Metric Tonnes Per Annum (MMTPA) in the 2016-17 fiscal, the highest in its history.
Speaking to mediapersons here, Venkata Ramana Akkaraju, Deputy Chairman, CPT said the traffic increased by 13.2 per cent to 25.01 MMTPA in 2016-17 from 22.10 MMTPA in 2015-16. Container movement rose to 4,91,089 TEUs in the year from 4,19,550 TEUs a year earlier.

The port also witnessed an increase in the arrival of vessels during the year, with cargo vessel arrivals rising to 1,211 from 1,169 last year and cruise vessel arrivals to 46 from 33.
While the operating income of the port has gone up to Rs. 486.57 crore in 2016-17 from Rs. 437.25 crore in 2015-16, the operating expenditure dropped to Rs. 362.51 crore from Rs. 366.35 crore, leaving a surplus of Rs. 124.06 crore.

As part of its new projects, the CPT is planning to install CCTV cameras on wharfs, which would reduce the number of CISF personnel deployed on them. The number of personnel at ICTT has already been brought down to 300 from 600, thereby saving around Rs. 3 crore every month.
The other projects taken up by the CPT is the Outer Harbour Terminal, which will be executed with financial assistance from the Indian Navy, and the development of the Marina. The CPT is  awaiting a report from consultants to develop the International Cruise Terminal at Ernakulam Wharf, spending Rs. 10 crore.