DP World Cochin sets an all-time record for the 2nd consecutive year

DP World Cochin Sets New Container Handling Record with 11% Growth in FY 2024-25

In the fiscal year 2024-25, DP World’s Container Terminal in Cochin set a new volume record, handling 834,665 TEUs with an 11% year-on-year growth. Various segments like transshipment, foreign exports, coastal exports, reefer volumes, and single-vessel transactions also achieved new records. The terminal plays a crucial role in regional trade in South and East India.

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Paradip Port Tops Freight Management with Record 145.38 MMT in Finance 24

India’s Paradip Port Achieves Record Freight Handling and Plans for Major Expansion

In the 2023-24 fiscal year, Paradip Port in India achieved a significant milestone by handling 145.38 million tons of freight, surpassing DEENDAYAL Port to become the country’s highest major port. This growth highlights the port’s increasing importance in the Indian maritime sector. Expansion projects are underway to meet growing demand and enhance capabilities.

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Surge in Containership Orders Driven by Demand and Environmental Compliance

Analysts have observed a sharp rise in containership construction due to demand and fleet modernization. Alphaliner predicts continued growth, with record orders for containerships. Top carriers are investing in new vessels to meet capacity needs and environmental regulations. Fleet renewal and efficiency improvements are driving the surge in orders.

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