The economical and political turmoil in Colombo coupled with the congestion at the Colombo port has come as a blessing for ports in south India, especially the International Container Transshipment Facility (ICTT), Vallarpadam, Kochi, where the cargo traffic has increased by over 62% in March with the mother vessels calling at Cochin port.
According to the statistics available with the Cochin port, the transshipment volume at the ICTT has increased to 13,609 TEUs (Twenty-foot equivalent unit) in March 2022 compared to 8,394 TEUs in March 2021.