Colombo Port continues growth in 2021 TEU levels

Colombo Port in Sri Lanka has processed 7.25 million TEU in 2021, a near 6 per cent growth on 2020 levels.

The growth of the nation’s main port has now moved Colombo to the 22nd largest port in the world, according to the Sri Lanka Ports Authority (SLPA).

SLPA chief Prasantha Jayamanna told the local Daily FT that the improvement was welcome, adding that President Gotabaya Rajapaksa has requested elevating the port’s position to within top 15 by 2025.

The Colombo Port saw volume increases of 5.8 per cent from the previous year, with transshipment volumes growing by 4.2 per cent to 5.85 million TEU.

SLPA terminals specifically saw a 5 per cent growth to 2.2 million TEU for the calendar year.

There are currently three container terminals at the Colombo Port — the Jaya container terminal (JCT) operated by the SLPA, the South Asian gateway terminal (SAGT), and Colombo international container terminal (CICT), which is operated and managed by China Merchants Port.

Earlier this year Colombo Port began phase two of its Eastern Terminal extension which will allow it to handle the largest container vessels.

https://www.porttechnology.org/news/colombo-port-continues-growth-in-2021-teu-levels/