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Colombo sets sights on doubling box volume to 10 million TEU by 2020
SRI LANKA's Colombo port authority (SLPA) is looking to grow its container handling volumes by developing the East Terminal, scheduled to open by April 2017, to facilitate its goal of handling 10 million TEU by 2020.
The project has secured a US$300 million loan from the Asian Development Bank.
Container throughput is projected to rise 10 per cent this year compared to 2015 when traffic hit 5.1 million TEU on the back of an anticipated surge in transshipment cargoes, said Colombo International Container Terminals manager Tissa Wickramasinghe, according to Seatrade Maritime News.
But Mr Wickramasinghe is concerned about the increasing size of the mega ships, because calls from vessels of 18,000 TEU would put pressure on existing infrastructure at the deepwater port.
"From the terminal operator perspective, there is a huge impact from these mega ships. Every shipping line wants the same weekly berthing window during the week, and that is the biggest worry on our part," Mr Wickramasinghe told the TOC Asia conference held as part of the Singapore Maritime Week 2016.
The project has secured a US$300 million loan from the Asian Development Bank.
Container throughput is projected to rise 10 per cent this year compared to 2015 when traffic hit 5.1 million TEU on the back of an anticipated surge in transshipment cargoes, said Colombo International Container Terminals manager Tissa Wickramasinghe, according to Seatrade Maritime News.
But Mr Wickramasinghe is concerned about the increasing size of the mega ships, because calls from vessels of 18,000 TEU would put pressure on existing infrastructure at the deepwater port.
"From the terminal operator perspective, there is a huge impact from these mega ships. Every shipping line wants the same weekly berthing window during the week, and that is the biggest worry on our part," Mr Wickramasinghe told the TOC Asia conference held as part of the Singapore Maritime Week 2016.
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