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Sri Lanka’s Colombo Port volumes up 14.9-pct by Sept

ECONOMYNEXT – Container volumes at Sri Lanka’s Colombo Port rose 14.9 percent to 5,223,292 twenty foot equivalent units (TEUs) growing at one of the fastest rates seen among major ports in the world.

Broadbased growth has been seen in all terminals in Colombo, Sri Lanka Ports Authority said with its own terminal growing at the fastest pace.

SLPA’s Jaya container terminal (JCT), which cannot handle ‘mega ships’ grew its transshipment volumes by 23.3 percent to 1,445,425  TEUS.

South Asia Gateway Terminals had grown 16.5 percent and Colombo International Container Terminals grew 13.2 percent.

Total transshipment volumes grew 19.4 percent to 4,206,630 TEUs, up from 3,522,521 TEUs a year earlier.

In 2017 Colombo Port had handled 6.2 million containers. SLPA said it expects to handle 7 million containers in 2018.

SLPA said Ports and Minister Mahinda Samarasinghe and Chairman Parakrama Dissanayake had launched a three year program to boost performance of the port

Port of Colombo for the first time has recorded 6.2 million container operations in 2017.

Alphaliner, a shipping publication had already ranked Colombo as the fastest growing among the top 30 large container ports in the world after recording 15.6 percent growth in the first half of 2018. (Colombo/Nov12/2018)





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