Fort Kochi-Vypin Ro-Ro Service Could Become Profitable with Efficient Management: Report

The Fort Kochi-Vypin Ro-Ro service is at a critical juncture as recent audit reports and mobility studies suggest the operation is currently running at a loss. However, a new report suggests that with efficient management, the service could be turned into a profitable venture, a finding expected to be pivotal for the project’s future.

In a report submitted by the Kochi Corporation’s Executive Engineer, it is noted that while the current Ro-Ro service imposes a significant financial burden on the Corporation, implementing more efficient operational strategies could reverse this trend. The audit, which was reviewed by the Finance Standing Committee, examined the agreement between the Kochi Corporation and the Kerala Shipping and Inland Navigation Corporation Ltd (KSINC). Auditors identified irregularities in the income and expenditure figures submitted by KSINC and noted that the Corporation has been forced to cover substantial losses, including costs for annual docking and maintenance.

Consequently, the Kochi Corporation is considering several major decisions based on these findings. Options under consideration include terminating the contract with KSINC, transferring the Ro-Ro operations to the Kochi Water Metro, or inviting tenders to find a new private or public operator.

Operational pressures are accelerating the need for a swift decision. With one of the two Ro-Ro ferries scheduled to undergo dry docking in February, the service capacity will be significantly reduced. Furthermore, a third vessel, ordered from Cochin Shipyard Limited for ₹18 crore in November 2024, has yet to be delivered, threatening to cause long queues and delays for Vypin commuters.

Safety and infrastructure are also primary concerns. A recent incident involving a collision between a Ro-Ro vessel and a barge near Fort Kochi, while resulting in no injuries, has raised alarms. Additionally, many commuters have complained about the poor condition of the walkways at the Ro-Ro jetty.

The Vypin-Fort Kochi Passengers’ Association is advocating for a new management system, suggesting the formation of a Special Purpose Vehicle (SPV) to oversee both Ro-Ro and ferry services. The association has also proposed expanding the route of the Fort Queen boats to reach the Gosree junction, arguing that better connectivity between Gosree, Vypin, and Fort Kochi would attract more passengers and help make the services profitable.