Home / Front Page/ Colombo Port creates history with 5 m TEU mark

Colombo Port creates history with 5 m TEU mark


Comments / {{hitsCtrl.values.hits}} Views / Monday, 21 December 2015 00:00


For the first time in history the Port of Colombo reaches 5 million container operations today.

To mark the occasion, a ceremony to be held at the Jaya Container Terminal  of Sri Lanka Ports Authority, with the initiative of Minister of Port and Shipping Arjuna Ranathunga. 

With the latest initiatives implemented at  Sri Lanka Ports Authority (SLPA), its operational volumes show a rapid growth compared to similar periods during past. 

A number of procedures are being implemented at the Port of Colombo under the guidance of Minister of Port and Shipping Arjuna Ranathunga and under instructions by the Chairman of Sri Lanka Ports Authority (SLPA) Dammika Ranathunga. 

In comparison to ship arrivals at the Port of Colombo  during the first eleven months of 2015 with the corresponding period in the previous year, the total ship arrivals have increased  from 3,409 to 3,854 by 13.1%.  The number of container ships has also increased  from 2,957 in 2014 to 3,333 in 2015 recording an increase of 12.7%, while conventional cargo vessel arrivals have increased from 25 to 45 by 80.0%. Other cargo ships such as Liquid Bulk and RO-RO have increased from 328 to 359 by 9.5%. 

Similarly, other services such as bunkering, repairs and chandelling  have also increased by 18.2%. 

The Port of Colombo has handled 4,742,652 TEUs(Twenty Foot Equivalent Units)  during the first eleven months of 2015, reflecting an increase of 5.9% compared to the previous year’s corresponding volume 4,480,318 TEUs. Transshipment container including Re-stow throughput which accounts for 76.6% of the total Colombo volume has achieved a growth of 5.1%. The domestic volume has also recorded a fair increase of 8.3%. 

The total cargo tonnage handled in the Port of Colombo during the first eleven months of 2015 has increased to 67,255 thousand tones from previous year’s 64,726 thousand tones reflecting an increase of 3.9%.  A large increase of 96.1% has been reported in Break Bulk cargo handling. Containerized cargo shows an increase of 3.5%.

It is apparent that the latest initiatives have developed increased credibility by vessel operators to use  Colombo as the fastest T/S Hub for In- Out cargo. The new management of Sri Lanka Ports Authority (SLPA) is also in the process of making more operational friendly environs at the Port of Colombo with the accommodation of new  operations machinery and increased terminal facilities. 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Automation and machine learning: Helping organisations extract deeper value from data

Tuesday, 22 January 2019

The world is in the midst of a data explosion. Humans are generating an estimated 2.5 quintillion bytes of data every single day1, according to Forbes, and more data was created in the past two years than in all of human history. No wonder data now r


SL tourism: From TOM to experience the brand in 2019

Tuesday, 22 January 2019

Last week I had just crossed the border that separates Laos from Thailand and was on route via land to Thailand. My mind was on Laos – a country branded globally as ‘Simply Beautiful’ (backed by the ADB in 2018) to attract visitors into the cou


Questionable (or absurd) official report on poverty indicators

Tuesday, 22 January 2019

The latest Report issued by the Ministry of National Policies and Economic Affairs on ‘Poverty Indicators’ is both questionable and outrageous.1This Ministry is under the responsibility of the Prime Minister, Ranil Wickremesinghe. Most of the sta


Teaching the younger generation to observe professional ethics is the need of the hour

Tuesday, 22 January 2019

When Sri Lanka got independence in 1948, it was one of the most promising nations both in Asia and in the Commonwealth countries. It had luckily emerged unscathed after the Second World War unlike our neighbours. Sri Lanka furthermore did not have to


Columnists More