Hambantota International Port Group (HIPG) will invest $108 million in new container handling equipment to expand capacity and strengthen its role as a regional logistics hub.
The agreement with Shanghai Zhenhua Heavy Industries Co., Ltd. includes six quay cranes, 16 RTGs, and 40 trailers as part of Phase II terminal development.
The new cranes will allow the port to handle the world’s largest container ships. They will also improve yard efficiency and support electrification for lower emissions.
Once deployed, the equipment will activate a 1,300-meter berth and raise total capacity to around 2 million TEUs. The port will also be able to handle multiple large vessels at the same time.
Located near major East–West shipping routes, Hambantota is attracting growing interest as shipping patterns shift. The investment supports Sri Lanka’s goal of becoming a regional maritime and logistics hub.
The port recorded strong growth in 2025, with cargo volumes, RoRo units, and container throughput all rising sharply.
