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Port of Colombo transshipment throughput up 20% in H1

The Port of Colombo continues its good growth track, with a record 19.8% pace of increase for transshipment throughput in the first half of the year to 2.73m teu from 2.28m teu in the previous corresponding period of 2017.

Among the various terminals, Sri Lanka Ports Authority’s (SLPA) state-owned Jaya Container Terminal (JCT) also saw record 20.6% growth in transshipment volumes for the first half, with 935,848 teu handled compared to 776,002 teu in the first half of 2017.

The Port of Colombo expects to hit a target of 7m teu for the full year. Sri Lanka Ports and Shipping Minister Mahinda Samarasinghe has been reported as saying that the port would make fresh initiatives to promote itself internationally and attract more of the liner alliances, along with all its stakeholders.

Read More: CMPort makes final payment for investment in Hambantota Port

SLPA had earlier signed a Memorandum of Understanding (MoU) with the terminal operators at the port, including state-owned JCT, the John Keells, and AP Moller Group-led South Asia Gateway Terminals (SAGT) and the China Merchants Group-controlled Colombo International Container Terminals (CICT) to collectively promote the Port of Colombo.

SLPA chairman.Parakrama Dissanayake, noting that with only three of the 17 loops on the Asia-Europe trade calling Colombo, “We have a challenge to ensure that collectively we should attract more loops into the Port of Colombo. This means, we have to go beyond the partisan approach of promoting our terminals to protect the Port of Colombo.”

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