The relaxation of the cabotage law for the Vallarpadam terminals will certainly mean profitable to Gateway Distriparks since it will see more volumes in Container Freight Stations (CFS). With the relaxation now in force, foreign vessels can now engage themselves in handling coastal cargo through the Vallarpadam terminal, thereby increasing the utilization of the terminal which was set up eighteen months back in Kochi. Gateway Distriparks’ CFS is to become fully operational by November this year. Kerala CII has welcomed the relaxation. Mr.V.K.Mathews, Chairman , Kerala CII State Council, has said in a statement: “ We are happy that this announcement has come just prior to the Emerging Kerala meet happening this week and it gives a positive boost to the entire programme and clear signal that Kerala is indeed emerging”.
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