7.2 C
Hamburg
Friday, April 26, 2024
Home Port News CICT handles 40% of Colombo Port's volumes

CICT handles 40% of Colombo Port’s volumes

Colombo International Container Terminals (CICT), which is a joint venture operated by China and Sri Lanka at the Colombo South Terminal in the Port of Colombo, said that it handled a total of 2.9 million TEUs (twenty-foot equivalent units) or 40 percent of volumes at Colombo Port in 2019.

CICT said in a statement that the terminal has seen an 8.6-percent increase in throughput compared to 2018, and a 322-percent increase compared to 2014. Strong growth at CICT has helped the Port of Colombo increase its total throughput by 2.6 percent in 2019.

Read more on Xinhua.





Latest Posts

CMA CGM announces new FAK rates from Asia to North Europe

CMA CGM, the French carrier, has announced new Freight All Kinds (FAK) rates effective from 15 May 2024 (loading date) until further notice as...

OOCL launches new service for express Asia-Mexico connection

OOCL has introduced a new service, Transpacific Latin Pacific 5 (TLP5), in its Asia–Latin America network to enhance port coverage in the regions. In addition...

DP World and Asian Terminals launch new terminal in the Philippines

DP World and Asian Terminals Inc. (ATI) have jointly inaugurated the Tanza Barge Terminal in Cavite in the Philippines, enhancing the efficiency of goods...

MSC and GSBN partner to enhance lithium battery shipment safety

MSC announced its partnership with the Global Shipping Business Network (GSBN), a neutral, non-profit consortium dedicated to promoting paperless, accessible, and sustainable growth in...

DAKOSY and dbh introduce digital authorization for pick-up

A new digital release process for containers arriving at German seaports, called "Secure Release Order," is set to be implemented. Developed by DAKOSY, a leading...