CICT crowned Best Container Terminal of its capacity in Asia for 7th consecutive year
Colombo International Container Terminals (CICT) has been declared the Best Container Terminal in Asia in 2023 in the Under 4 million TEUs category, winning the coveted title for the seventh consecutive year.
CICT’s impressive triumph on the global stage was announced by Asia Cargo News at the 2023 Asian Freight, Logistics and Supply Chain (AFLAS) awards gala at JW Marriott Singapore South Beach Hotel. CICT CEO Jack Huang accepted the award on behalf of the company, according to a CICT media release.
The three other shortlisted finalists in the running for the prestigious award were Fuzhou International Container Terminal – China, Jakarta International Container Terminal – Indonesia and Laem Chabang International Terminal – Thailand.
Commenting on this achievement, CICT CEO Mr. Huang said: “This award is most significant because it is not just about volumes. The winners are selected by the votes of the people that matter the most – freight and logistics companies and clients from around Asia and the Pacific who have business internationally. The award recognises demonstrated leadership, consistency in service quality, innovation and reliability. CICT has actively embraced technological innovation, promoted digitalisation, emphasized talent development, continuously optimised operational efficiency, and improved customer satisfaction.”
CICT handles more than half of
Sri Lanka's import and export trade volume. Located at a strategic point on the Maritime Silk Road, CICT is near the international shipping routes from the Far East to Europe, and offers a welldeveloped logistics system. CICT currently serves 30 shipping routes and serves as a hub for numerous shipping companies on the Far East to Europe routes.
CICT officially commenced operations in 2014, with a throughput of 680,000 TEUs in its first year. By 2022, the throughput had reached
3.18 million TEUs, achieving a compound annual growth rate of 18.7 per cent over nine years and contributing to the rise in global rankings of the Port of Colombo from 34th place in 2012 to 23rd place in 2022.
Currently, CICT maintains a stable quay crane operating efficiency of 33 moves per hour, leading the South Asian region. As of September 2023, the average vessel turnaround time has been reduced by 1.3 hours compared to the same period in 2022.