Cargo Trends

Dec 07, 2010 (LBO) - Container volumes handled by the Sri Lanka Ports Authority (SLPA) hit a record two million in the 11 months to November 2010, up 26.









5 percent from a year ago, a statement said. Total containers handled by the port of Colombo would reach four million TEUs (Twenty-foot container Equivalent Units) before the end of the year, also a new high, the SLPA said.

There has been a 37 percent increase in local import and export containers handled by the state-run SLPA terminals and a 21 percent increase in transshipment traffic, reflecting a sharp recovery in both domestic and regional trade.

The SLPA attracted about eleven new shipping services to Jaya Container Terminal, the main SLPA terminal, managing director Nihal Keppetipola said.
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He said the SLPA was expanding its capacity with the construction of two deep-water ports, one next to the existing one in Colombo and the other in southern Hambantota.

"Phase 1 of the Colombo South Harbour project, which gives an additional 2.

4 million TEU capacity, will too be ready by early 2013, ensuring Sri Lanka retains its status as South Asia's container hub."