KOTTAYAM PORT inks MoU to develop cargo warehouses

Inland Container Depot (ICD) in Kottayam (Kottayam Port) announced to work together with the Kuwait-based Azimar Shipping & Logistics LLP in container movement and setting up modern consolidated cargo warehouse in Kottayam. Abraham Varghese, MD, Kottayam Port, and Ani Peter, managing partner, Azimar, signed a MoU in this regard in the presence of Industries Minister P. Rajeeve and Registrations Minister V. N. Vasavan in Thiruvananthapuram on Monday. Azimar will invest in building a new barge with a capacity to carry 30 TEU (20-foot equivalent unit) of cargo. “With the arrival of Azimar, we expect that to cross 600 units in the beginning and touch 1,000 units later,” said Roopesh Kumar, GM, Kottayam port.