Cochin Port demonstrates significant growth in its liner shipping connectivity index, as reported by the United Nations Conference on Trade and Development (UNCTAD). The index, which signifies a country’s position in global liner shipping networks, shows a remarkable 21.8 percent surge in the second quarter of this year compared to the first quarter.
According to recently-released data, the connectivity index rose from 18.8 in Q1 to 22.29 in Q2, marking the first time since Q3 of 2019 that Cochin Port’s UNCTAD index crossed 20.
Cochin Port currently operates two primary line services, linking various ports in Europe and China, alongside five foreign feeder services and five coastal services.
To enhance India-West Asia connections, DP World, the operator of the International Container Transhipment Terminal, launched a weekly service named ‘PIC2’ a month ago. With this service offering a vessel capacity of 2,407 TEUs, Cochin Port now provides four direct weekly sailings to the Middle East region.
The surge in the index reflects Cochin Port Authority’s effective marketing strategies and concession schemes aimed at boosting port traffic and global logistics positioning. While stakeholders welcome the positive trend, cautious observation of the situation remains essential.
