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17 Apr

Sri Lanka's Colombo port box volume up 5.6-pct in Jan

Sri Lanka's Colombo port box volume up 5.6-pct in Jan

ECONOMYNEXT - Throughput at Sri Lanka's Colombo port rose 5.6 percent to 484,866 twenty foot equivalent units (TEUs) in January 2017 from a year earlier, with transhipment growing 4.2 percent, official data shows.

Domestic container volumes also rose 9.1 percent to 116,746 TEUs.

Transhipment volumes rose 4.2 percent from a year earlier to 362,451 twenty foot equivalent units in January 2017 despite a fall in ship calls, Central Bank data shows.

Ship traffic fell to 406 vessels from 427.

Sri Lanka's deep draught terminals led by Chinese-owned Colombo International Container Terminal have been attracting larger box ships, while traffic to older, smaller terminals has reduced.

Inclusive of re-stowing, total containers handled by Colombo rose 5.6 percent to 484,866 TEUs in January 2017 from a year earlier.

Colombo's throughput grew 10.6 percent in 2016 to 5.74 million TEUs in 2016, with transhipment up 12 percent to 4.355 million TEUs.
(Ceylon FT - 12042017)



Sri Lanka's Colombo port box volume up 5.6-pct in Jan

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