{"id":600,"date":"2024-05-17T09:29:33","date_gmt":"2024-05-17T01:29:33","guid":{"rendered":"http:\/\/www.hajomech.com\/sri-lanka-container-volumes-rise-near-50-per-cent\/"},"modified":"2024-05-17T09:29:33","modified_gmt":"2024-05-17T01:29:33","slug":"sri-lanka-container-volumes-rise-near-50-per-cent","status":"publish","type":"post","link":"http:\/\/www.hajomech.com\/sri-lanka-container-volumes-rise-near-50-per-cent\/","title":{"rendered":"Sri Lanka container volumes rise near 50 per cent"},"content":{"rendered":"<div style=\"max-width:900px; margin:0 auto; background-color:rgb(246,246,246); padding:20px;line-height:30px\">\n<p><strong>The Sri Lanka Ports Authority (SLPA) has reported a record 48 per <\/p>\n<p>cent year-on-year (YoY) rise in container volumes in the first quarter (Q1 <\/p>\n<p>2024).<\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.hajomech.com\/wp-content\/uploads\/2026\/10\/1715909332329679-1.jpg\" alt=\"Sri Lanka container volumes rise near 50 per cent.jpg\" title=\"Sri Lanka container volumes rise near 50 per cent\" style=\"width: 100%; height: 100%; padding:20px 0px\"\/><\/p>\n<p>The total grew from 441,032 to 652,766 TEU. SLPA ascribed this spike to a <\/p>\n<p>number of issues, including the Red Sea crisis and its broader <\/p>\n<p>ramifications.<\/p>\n<p><\/p>\n<p>SLPA\u2019s transshipment throughput in the first three months of this year <\/p>\n<p>totalled 582,403 TEU, a 49.81 per cent increase over the same period last <\/p>\n<p>year.<\/p>\n<p><\/p>\n<p>This growth contributed to the Port of Colombo\u2019s (POC) overall <\/p>\n<p>transshipment volume, which reached 1.72 million TEU in the first three months <\/p>\n<p>of this year, a 24.20 per cent increase over the same period in 2023.<\/p>\n<p><\/p>\n<p>Keith Bernard, Chairman of the SLPA, emphasised that the port is ready to <\/p>\n<p>become a vital transshipment hub for the Middle East, as many shipping lines <\/p>\n<p>reroute boats to avoid current concerns in the Red Sea and the Suez Canal.<\/p>\n<p><\/p>\n<p>\u201cSLPA staff and workers have handled this situation diligently and <\/p>\n<p>efficiently, in the face of challenges,\u201d he said.<\/p>\n<p><\/p>\n<p>SLPA and the POC have effectively managed the situation which has resulted <\/p>\n<p>in a significant increase in throughput.<\/p>\n<p><\/p>\n<p>The POC experienced a substantial surge in volumes, reaching 2 million TEU, <\/p>\n<p>a notable increase of 24 per cent.<\/p>\n<p><\/p>\n<p>Furthermore, the completion of the East Container Terminal (ECT) Stage II <\/p>\n<p>and the acquisition of new ship-to-shore (STS) cranes will further enhance POC\u2019s <\/p>\n<p>position as a leading shipping hub in the region.<\/p>\n<p><\/p>\n<p>The new cranes will enable the port to handle ultra-large GMX 24 ships, <\/p>\n<p>allowing it to accommodate higher volumes in the future.<\/p>\n<p><\/p>\n<p>Additionally, ongoing infrastructure developments by SLPA will further <\/p>\n<p>strengthen the POC\u2019s competitiveness in attracting more volume and enhancing its <\/p>\n<p>capabilities in handling larger vessels.<\/p>\n<p><\/p>\n<p>This month, the Port of Tianjin in China expressed its willingness to <\/p>\n<p>assist in transforming the Port of Colombo, which is currently operating as a <\/p>\n<p>global container port, into a green port.<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Sri Lanka Ports Authority (SLPA) has reported a record 48 per cent year-on-year (YoY) rise in container volumes in the first quarter (Q1 2024).The total grew from 441,032 to 652,766 TEU. SLPA ascribed this spike to a number of issues, including the Red Sea crisis and its broader ramification&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"hj_lang":[3],"class_list":["post-600","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/posts\/600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/comments?post=600"}],"version-history":[{"count":0,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/posts\/600\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/media?parent=600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/categories?post=600"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/tags?post=600"},{"taxonomy":"hj_lang","embeddable":true,"href":"http:\/\/www.hajomech.com\/wp-json\/wp\/v2\/hj_lang?post=600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}