Trans­ship­ment at Colombo Port up by 20.4 per cent

Maritime Gateway - - International News -

to im­pose trade tar­iff. Over $5 bil­lion worth of Afghan trade will be con­ducted through the Chaba­har Port once the In­ter­na­tional North-south Trans­port Cor­ri­dor be­comes op­er­a­tional. Trade be­tween Pak­istan and Afghanistan has dropped by $2 bil­lion in the cur­rent fis­cal. Bi­lat­eral trade cur­rently stands at around $500 mil­lion. Cargo han­dling ca­pac­ity of the Port of Colombo has in­creased sig­nif­i­cantly show­ing con­tin­u­ous growth in the con­tainer han­dling op­er­a­tions since the fourth quar­ter of 2017. Against 362,451 teu trans­ship­ment op­er­a­tions in Jan­uary 2017, to­gether with the JCT, SAGT and CICT, the Colombo Port has recorded 436,303teu trans­ship­ment op­er­a­tions for the month of Jan­uary this year mark­ing a com­pet­i­tive in­crease of 20.4 per cent.

Sri Lanka Ports Au­thor­ity con­trolled Jaya Con­tainer Ter­mi­nal (JCT) which recorded 114,282 teu trans­ship­ment op­er­a­tions in Jan­uary 2017, has recorded 164,252 teu trans­ship­ment op­er­a­tions in Jan­uary this year mark­ing an in­crease of 43.7 per cent.

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