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The International Container Transshipment Port (ICTP), also called the Galathea Bay Port is a proposed container transshipment port at Galathea Bay, Great Nicobar Island in the union territory of Andaman and Nicobar Islands, India, to be constructed at a cost of ₹ 44,000 crore. [1] It has a natural depth of more than 20 meter. [2]
28 Jan 2023 - bids opened: Bids submitted by vendors for the ₹41,000-crore (US$8 b) mega international container transhipment port (ICTP) at Galathea Bay were opened today, phase-1 with 4 million twenty foot equivalent units (TEUs) will be completed by 2028, and capacity will be eventually increased to 16 million TEU. [16]
India is a signatory to Hong Kong International Convention for the safe and environmentally sound recycling of ships. India plans to pass the "Recycling of Ships Act, 2019" to ratify the Hong Kong treaty. This will allow India to capture its targeted 60% in the global ship breaking business while doubling the annual to US$2.3 billion target. [15]
On 16 February 2005, Dubai Ports World announced that it has signed an agreement with the Cochin Port Trust (CoPT) to construct, develop and operate an International Container Transshipment Terminal (ICTT) – An India Gateway Terminal – at Vallarpadam.
The vast majority of containers moved by large, ocean-faring container ships are 20-foot (1 TEU) and 40-foot (2 TEU) ISO-standard shipping containers, with 40-foot units outnumbering 20-foot units to such an extent that the actual number of containers moved is between 55%–60% of the number of TEUs counted. [1]
Port Container Port Body of water Oceania: Australia, ... Cochin Port (includes International Container Transshipment Terminal, Kochi) Arabian Sea: South Asia:
Transshipment, trans-shipment or transhipment is the shipment of goods or containers to an intermediate destination, then to another destination. One possible reason for transshipment is to change the means of transport during the journey (e.g., from ship transport to road transport), known as transloading. Another reason is to combine small ...
A container port, container terminal, or intermodal terminal is a facility where cargo containers are transshipped between different transport vehicles, for onward transportation. The transshipment may be between container ships and land vehicles, for example trains or trucks, in which case the terminal is described as a maritime container port.
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