SLPA steps up efforts to be key maritime hub in Asia

Monday, 12 June 2023 02:35 - - {{hitsCtrl.values.hits}}

SLPA Chief Bernard Keith says Colombo port sees boost in business
Colombo Port will double capacity to handle around 15 m TEUs by 2025
Handles 569,000 TEUs, generating Rs. 22 b income in first 4 months
Over 1,350 ships called at Colombo port
Says JCT peer extension will be completed next month, work on ECT and WCT progressing as per plan
Galle port to develop as a tourism hub, Trincomalee as an industrial, KKS a tourism and commercial hub

By Charumini de Silva

Sri Lanka Ports Authority Chairman Keith Bernard

Sri Lanka Ports Authority (SLPA) is stepping up efforts to boost capacity and services in ports around the island to reinforce its status as a key maritime hub in Asia.

“Despite challenges faced, we see improved business and progress in development activities in all the port activities countrywide. The development of the port infrastructure and service remains a key priority,” SLPA Chairman Keith Bernard told the Daily FT.

He also said that during the first four months, a total of 1,358 ships were called at the Colombo Port and handled 569,000 TEUs whilst generating an income of around Rs. 22 billion.

The SLPA Chief expressed confidence that Colombo port will have the capacity to handle a forecast demand of around 15 million TEUs by the year 2025, with the completion of two new East and West container terminals.

In 2022, the total number of vessels that arrived in Colombo dropped by 2.6% year-on-year to 4,073 amidst the worst economic downturn. Total cargo handled in Colombo port was just over 96 million tons and total transhipment containers handled by all three terminals was at 5.83 million TEUs

Highlighting the ongoing projects within the Colombo Port, Bernard said the extension of the peer of Jaya Container Terminal (JCT) will be completed by the end of next month, whilst work on East Container Terminal (ECT) and West Container Terminal (WCT) are progressing as per the plan.

“In terms of the ECT, around 600 meters of work on the berth, yard work, fixing of several Rail Mounted Gantry (RMG) cranes and implementation of six of the 12 Ship to Shore Gantry (STS) cranes will be completed by the end of this year,” Bernard said.

The ECT and WCT terminals are expected to be completed by 2025 and 2027.

The United Nations Conference on Trade and Development (UNCTAD) in its Review of Maritime Transport 2022 has revealed that the Port of Colombo is the highest-performing port in South Asia and ranked 24th best port in the world. At present, the Colombo port can handle over 7 million TEUs.

“The comprehensive development work at the Colombo Port will make it a container and logistics hub,” he added.

He also outlined development plans already implemented in the other ports. “The Galle Port will be built to cater to the tourism industry with a mixed development project having cruise terminals and the port of Trincomalee will be made an industrial port, whilst Kankesanthurai Port will be developed for tourism and commercial purposes,” he explained.

Pic by Ruwan Walpola