Concor to Transport Empty Containers from Cochin Port to Coimbatore Free of Cost for a Period of Six Months

The CONCOR has announced a special scheme to transport empty containers from Cochin Port to their Irugur ICD at Coimbatore free of cost. This major intervention will ensure that empty containers required for stacking export cargo from Coimbatore will be mobilized free of freight cost. It will reduce the overall transport cost of containers exported through Cochin as movement of empty from Cochin was one major contributor to the cost. The last quarter of the previous financial year had witnessed over 15% growth in container handling through Vallarpadam. Among the initiatives that have resulted in growth was the commencement of the regular Saturday container rail service from Coimbatore to Cochin. The present scheme announced for the next six months will further help the exporters of Coimbatore by making empty containers available readily and at less cost. The CONCOR has already put in place free storage for empty containers for a period of six months. The scheme will be effective from the service leaving Vallarpadam on 14.04.2016.

[Source: PIB Press (MoS) Release dated 13^th April 2016]