Safe Berth

Jan 26 (LBO) – Sri Lanka upped container security at its ports on Thursday to detect illicit shipments bound for foreign shores and speed up international trade. Jan 26 (LBO) – Sri Lanka upped container security at its ports on Thursday to detect illicit shipments bound for foreign shores and speed up international trade. The US National Nuclear Security Administration’s Megaports Initiative is meant to deter terrorist attacks, by detecting radioactive and nuclear material.

Sri Lanka’s total international trade is worth US$ 14 billion, with key export revenue earners like the apparel and tea sectors also dependant on the port to reach their market on time.

The project also boosts the island’s plans to become a regional shipping hub, with transhipment cargo making up some 70 percent of the over 2.2 million TEU (Twenty-foot Equivalent Unit) moved by the Colombo Port annually.

Colombo is the first port in Asia, and only the second port in the world, to benefit from the Container Security Initiative (CSI) and the Mega Ports project.

“The global trading system is interconnected. What affects one nation has an impact on others, especially in thi