DP World Cochin Launches New 'SIG' Service for Southeast Asia Connectivity
By Rediff Money Desk, NEWDELHI Dec 11, 2023 16:11
DP World Cochin's ICTT introduces a new weekly 'SIG' service operated by ONE Line, strengthening India-Southeast Asia and Middle East trade links.
New Delhi, Dec 11 (PTI) Logistics major DP World on Monday said its International Container Transhipment Terminal (ICTT) at Cochin will host a new weekly mainline service called SIG' operated by ONE Line to strengthen the India-Southeast Asia and the Middle East trade link.
The new weekly service has four vessels deployed with a capacity of 2,800 TEUs (twenty-foot equivalent units) providing direct connectivity between the Middle East and South East Asia, the company said in a statement.
This new service will further provide Cochin and its hinterland with access to destinations in the Far East, Southeast Asia, Australia, New Zealand, Latin America, the United States West Coast, Canada, and vice-versa, the statement said.
The service covers a port rotation between Singapore Nhava Sheva Mundra Dammam Jebel Ali Cochin Colombo Singapore.
Commenting on the launch of the SIG service, Ravinder Johal, COO Ports & Terminals, DP World Subcontinent and MENA region said, The launch of our SIG service marks a significant milestone in our ongoing efforts to strengthen India's connectivity to global trade.
The new weekly service has four vessels deployed with a capacity of 2,800 TEUs (twenty-foot equivalent units) providing direct connectivity between the Middle East and South East Asia, the company said in a statement.
This new service will further provide Cochin and its hinterland with access to destinations in the Far East, Southeast Asia, Australia, New Zealand, Latin America, the United States West Coast, Canada, and vice-versa, the statement said.
The service covers a port rotation between Singapore Nhava Sheva Mundra Dammam Jebel Ali Cochin Colombo Singapore.
Commenting on the launch of the SIG service, Ravinder Johal, COO Ports & Terminals, DP World Subcontinent and MENA region said, The launch of our SIG service marks a significant milestone in our ongoing efforts to strengthen India's connectivity to global trade.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 17.90 ( -3.35)
- 166585989
- Alstone Textiles
- 0.75 (+ 8.70)
- 47681821
- GTL Infrastructure
- 3.27 (+ 4.81)
- 44040612
- Visagar Financial
- 0.91 (+ 12.35)
- 29755394
- YES Bank Ltd.
- 23.70 (+ 0.77)
- 22163699
MORE NEWS
![Indian Economy...](https://im.rediff.com/80-80/money/2020/nov/22economy.jpg)
Indian Economy Growth: Exports, Manufacturing &...
Mumbai, June 30 (PTI) Healthy increase in the country's exports, improvement in the...
![India Launches...](https://im.rediff.com/80-80/news/2020/jul/imports-o.jpg)
India Launches Anti-Dumping Probe on Glass...
New Delhi, June 30 (PTI) India has initiated an anti-dumping probe into the import of...
![IBBI Launches...](https://im.rediff.com/80-80/money/2020/dec/16insolvency.jpg)
IBBI Launches Electronic Forms for Liquidation...
New Delhi, Jun 30 (PTI) To ease the compliance burden for insolvency professionals, and...