Sri Lanka Ports Authority (SLPA)

Sri Lanka unveils new port plans in Colombo

Sri Lanka Ports Authority (SLPA) announced that development of Port of Colombo focuses on the container transshipment and related logistics businesses instead of growth of domestic market.

The South Port of Colombo has planned to cater the container transshipment demand from the Indian sub continent and having any other commodity terminal services in the South port of Colombo is inappropriate.

As the energy demand of the country increases rapidly with the large developments taking place in the...

https://container-news.com/sri-lanka-unveils-new-port-plans-in-colombo/

Sri Lanka keen on enhancing connectivity with Indian ports

The Sri Lanka Ports Authority (SLPA) is keen on enhancing connectivity with Indian ports using ferry services to facilitate easier trade and tourism, its chairman Kavan Ratnayaka said.

“If the two countries can set up a ferry service connecting Kankesanthurai port (KKS) in Jaffna with Karaikal near Puducherry, and similarly between Colombo and Tuticorin in south India, there is scope for increased trade activity and tourism,” he told The Hindu.

The ferry connection, he said, would primarily...

https://container-news.com/sri-lanka-keen-enhancing-connectivity-indian-ports/

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/

ECT to begin operations second half of next year

  • Sri Lanka likely to get US$500-800 mn soft loan from Japan 
  • Agreement for terminal operating company to be finalised within next three months

The East Container Terminal (ECT) is to be operational by second half of next year under the proposed terminal operating company (TOC) that will be jointly formed by Sri Lanka Ports Authority (SLPA), Japan and India in which SLPA would have 51 percent stake, SLPA Chairman Kavan Ratnayaka told Mirror Business.

The SLPA officials estimate that the first...

https://container-news.com/ect-begin-operations-second-half-next-year/

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/

Japan, India to support Sri Lanka in developing East Container Terminal

The government is gearing to fast-track the development of East Container Terminal (ECT) at the Port of Colombo jointly with Japan and India with the setting up of a terminal operating company (TOC), ensuring that the full ownership of ECT will remain with Sri Lanka.

According to informed government sources, Sri Lanka Ports Authority (SLPA) will own 51 percent equity stake in the TOC while parties nominated by Japanese and Indian governments will collectively hold the remaining 49 percent.

The...

https://container-news.com/japa-india-support-sri-lanka-east-container-terminal/

Sri Lanka to purchase new cranes to Jaya Container Terminal

Ports, Shipping and Southern Development Minister Sagala Ratnayaka announced that Sri Lanka Ports Authority (SLPA) was in the process of purchasing three Ship to Shore (STS) cranes in view of the Jaya Container Terminal (JCT) 5 expansion.

“I am glad to announce that the SLPA, upon Cabinet approval, is now in the process of purchasing three STS cranes for the JCT 5 expansion. The US$ 25 million investment has been approved by a Cabinet-appointed procurement committee,” Minister Ratnayaka tweeted.

“...

https://container-news.com/sri-lanka-purchase-cranes-jaya-container-terminal/

MV Beijing Bridge calls Port of Colombo

MV Beijing Bridge under its AGI Service made the maiden call at the Port of Colombo’s Sri Lanka Ports Authority (SLPA) controlled Jaya Container Terminal (JCT) on 13 February.

In order to mark the vessel’s maiden call at the Port a plaque exchange was also held between SLPA Additional Managing Director Upali De Zoysa and MV Beijing Bridge Captain Rodie Barcoma. Welcoming MV Beijing Bridge at Sri Lanka Ports Authority (SLPA), Upali De Zoysa stated that Sri Lanka Ports Authority being the land...

https://container-news.com/mv-beijing-bridge-calls-port-colombo/

SLPA accused of hiking prices without notice

The Sri Lanka Ports Authority (SLPA) has landed an upward tariff revision on 1 January, increasing cost for exporters and importers allegedly without notifying the trade or the new Minister.

Industry sources said the Port’s wharfage tariff for export containers and import containers and handling of their LCL (Less than Container Load) cargo has been exorbitantly increased by more than double, which is a dollar-based calculation. Additionally, demurrage free times have been reduced, too.

The 20ft...

http://container-news.com/slpa-accused-hiking-prices-without-notice/

What happens with East Container Terminal?

The Port of Colombo has been ranked as the world’s fastest growing port among the top 30 container ports for the first half of 2018. This is a positive sign of the development of the shipping and ports industry of the country where Sri Lanka covers a huge portion of its annual dollar requirement. In the wake of these positive signs it is important defining the challenges for the proposed East Container Terminal (ECT).

President Sirisena and Ports and Shipping Minister Mahinda Samarasinghe had...

http://container-news.com/what-happens-east-container-terminal/

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