COLOMBO PORT

Aided by Colombo diversions, DP World Cochin lifts transshipment volumes

Global terminal operator DP World is said to have invested about US$600 million in the Cochin terminal, better known as Vallarpadam, betting in large part on the vast volume of Indian containerised cargo usually transhipped over Colombo Port in Sri Lanka.

But the decade-long effort produced little measurable transshipment cargo gains for the alternative gateway, a shortcoming DP World attributed to high port charges for mainline operators seeking to add direct calls at Cochin.

That dismal outlook...

https://container-news.com/aided-by-colombo-diversions-dp-world-cochin-lifts-transshipment-volumes/

Carriers field trains to reroute Indian East Coast shipments via Nhava Sheva

Cargo interests in India’s east coast region are pushing container lines to provide more reliable alternative mainline shipping options via Nhava Sheva/Jawaharlal Nehru Port Trust (JNPT) or Mundra Port as they see no let-up in transshipment bottlenecks at Colombo Port in Sri Lanka.

In conjunction with Container Corporation of India (Concor), Maersk and CMA CGM have now opened new rail connections from India’s East Coast locations to help local exporters divert cargo away from the traditional...

https://container-news.com/indian-ports-raise-bar-on-productivity-despite-traffic-growth-pressures/

Second phase of Colombo East Container Terminal construction begins

President of Sri Lanka Gotabaya Rajapaksa and prime minister Mahinda Rajapaksa have announced the commencement of construction work for the second phase of the East Container Terminal (ECT) at the Colombo Port.

Construction of the terminal, which will be conducted in three phases in a project of US$510 million, is scheduled to be completed in 2024.

The total expenditure expected to be spent for the project is US$510 million and the Sri Lanka Ports Authority (SLPA) will spend US$200 million,...

https://container-news.com/second-phase-of-colombo-east-container-terminal-construction-begins/

Colombo master plan to boost port’s performance

The Sri Lanka Ports Authority (SLPA) has great plans for the future and they will come into fruition with the implementation of the National Master Plan for ports in the country, SLPA Chairman Kavan Ratnayake told the media at the launch of the Colombo International Logistics Conference (CILC).

He said the Colombo Port has been performing well recording the 22nd position in terms of volume and 11th in connectivity, globally.

“The implementation of the master plan will boost the performance of the...

https://container-news.com/colombo-master-plan-boost-port-performance/

Port of Colombo marks significant volumes-increase in April

The Colombo Port container volumes indicates an increase in the month of April 2019 by 9.1% compared to the same period last year.

Together with the Jaya Container Terminal (JCT), South Asia Gateway Terminal (SAGT) and the Colombo International Container Terminal (CICT), the Port of Colombo’s cumulative Volume has increased by 5.9%.

In April 2018 the Colombo Port had handled a total of Transshipments volume of 441,437 TEUs that has increased up to 482,910 for the same period this year....

https://container-news.com/port-colombo-marks-significant-volumes-increase-april/

Navis to optimize strategic Colombo terminal

Navis and South Asia Gateway Terminals Ltd. (SAGT) announced an agreement to utilize Navis optimization and analytics services to help the terminal prepare for further growth. SAGT and Navis signed a strategic agreement at Navis World that builds upon a long successful relationship and allows the Sri Lankan terminal to get even more from Navis N4 to automate and optimize key components of their operations.

The Port of Colombo, located in the South-West corner of Sri Lanka is rated amongst the...

https://container-news.com/navis-optimize-strategic-colombo-terminal/

China to strongly support Colombo port

The state-owned Sri Lanka Ports Authority said on Thursday, March 14, that it would purchase three ship-to-shore gantry cranes from China for its deep water terminal at the Colombo Port to handle bigger container ships.

The Government Information Department said the government had approved a proposal by Minister of Ports, Shipping and Southern Development Sagala Ratnayaka to buy the cranes for the Jaya Container Terminal from China’s Shanghai Zhenhua Heavy Industries Company Limited (ZPMC).

Read...

https://container-news.com/china-support-colombo-port/

VOCPT expansion project gets the geen light – The port ready to challenge Colombo

Deeper channel will help dock bigger box ships and compete with Colombo

The expert appraisal committee attached to the ministry of environment, forest and climate change has recommended environment and coastal regulation zone (CRZ) clearances to V O Chidambaranar Port Trust (VOCPT) to expand the capacity of the Central government-run port located in Tamil Nadu’s Thoothukudi district with an investment of ₹ 5,720 crore.

The expansion of the inner harbour of VOCPT – one of the biggest yet...

http://container-news.com/vocpt-expansion-project-green-light/

The success key of Colombo port

Ports, Shipping and Southern Development Minister Sagala Ratnayaka said dedication was a key to the success of the Colombo Port, referring to its achievement of seven million TEUs in container operations by the end of 2018.

Participating in religious observances to commence Sri Lanka Ports Authority (SLPA) operations for the New Year at the Sri Sambuddhathwa Jayanthi premises of the SLPA on January 1, the Minister said the Colombo Port has reached a victorious juncture in its operations.

He said...

http://container-news.com/success-key-colombo-port/

China-India struggle for investments

Gleaming cranes stretch out on the waterfront in the Sri Lankan capital Colombo as Chinese companies construct a $1.5 billion new commercial district, including hotels, marinas and a motor racing track. They have already built a giant container terminal nearby and a huge port in the south.

Now India, the traditional power in the region, is muscling into port and other projects, pushing back hard against China.

The big fear for India is that Sri Lanka, just off its southern coast and on one of the...

http://container-news.com/china-india-struggle-investements/

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