New Sri Lanka shipping service with Yangon, Chennai

ECONOMYNEXT – A dedicated feeder shipping service connecting Sri Lanka’s Colombo port with Yangon in Myanmar and Chennai, in south India, has commenced.

The first vessel under the new service, MV Sea Pearl, made her maiden call at the Sri Lanka Ports Authority (SLPA) controlled Jaya Container Terminal (JCT) on Monday, a statement said.

“Our main goal is to promote the Port of Colombo as the transshipment hub with the increased exports from Yangon to Europe, Middle East and Africa,” said Ashan Malalasekara, chairman of Arinma Holdings, the vessel’s local agent.

Owing to the existing balanced trade between India and Myanmar and increasing exports from Myanmar to Europe/USA and Africa, the company is confident that it could move its cargoes  via Colombo instead of Port Klang and Singapore where they are transshipped at present.

“We have already secured Yangon-exports to Chittagong which will be discharged at the Port of Colombo for on carriage to Chittagong,. Our target is initially to offer an every 10 day frequency and with increased liftings, we  will deploy the second vessel to offer an every 5 day service.” he said.

Upul Jayatissa, chief manager (Marketing and Business Development) of SLPA, said that the new service is important as it opens a new market in Yangon, Myanmar via the Port of Colombo.
(COLOMBO, December 19, 2017)

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