Sri Lanka's Colombo ranked 13th best connected port in the world
Mar 26, 2018 08:13 AM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka's Colombo port has been ranked the 13th best connected port in the world in 2017, moving up five places from 18, a year earlier, In an index compiled by Drewry, a UK based shipping and maritime consultancy.
Sri Lanka Ports Authority, a state agency that owns Colombo port and is landlord to two private container terminals said Colombo has also been ranked the best connected port in South Asia.
Colombo had scored 28.6 points in the Drewry Connectivity Index in 2017, with 59 mainline services calling each week, putting it head of Savannah port in the US with 53 calls and Jebel Ali in the UAE with 52 calls.
Colombo was just behind Antwerp in Belgium with 61 calls.
Shanghai was the best connected port with 172 mainline calls a week and a score of 100 points, followed by Ningbo with 163 calls and 94.8 points.
Singapore was third with 158 mainline calls and a score of 91.9 points.
Drewry in developing the index said the some of the smaller ports in the world offered better connectivity than the biggest ports.
"For shippers, port connectivity is as important as port size or scale," the consultancy said.
"Having the widest possible range of direct services is a significant competitive advantage for all ports."
Based on 2016 data Colombo was the 25th busiest port in world terms of volumes in a Lloyds' ranking.
SLPA recently signed a deal with South Asia Gateway Terminal and Colombo International Container Terminal (CICT) operated by China's CM Port.
Sri Lanka is targeting 7.0 million containers in 2018. (Colombo/Mar26/2018)