The Board of Trustees of the Cochin Port Trust has decided to make vessel-related charges at the proposed international container transhipment terminal (ICTT) at Vallarpadam competitive, in line with the charges at other transhipment ports in South and Southeast Asia, reported The Hindu.

DP World, promoters of the ICTT through its holding company India Gateway Terminal Private Ltd (IGTPL), has also decided in-principle to make the terminal handling charges for transhipment containers in line with that of other international transhipment ports in the region.