Sri Lanka’s CICT adjudged the Best Container Terminal in Asia in the under four million TEUs category

Sri Lanka’s CICT adjudged the Best Container Terminal in Asia in the under four million TEUs category

Colombo International Container Terminals (CICT) at the Colombo Port in Sri Lanka has reportedly been adjudged the Best Container Terminal in Asia in the under four million TEUs category for a record fourth consecutive year.

The winner of this coveted award was announced earlier this month at the 2020 Asian Freight, Logistics and Supply Chain (AFLAS) awards gala in Hong Kong, Sri Lanka’s state owned Daily News reported.

CICT, which is managed by China Merchants Port Group (CMport), beat three other shortlisted finalists in its category – Busan New Container Terminal (South Korea), Dalian International Container Terminal (China) and Jakarta International Container Terminal (Indonesia) – to win the award, the news report stated.

Accordingly, CICT’s victory at the best container terminal awards has placed the port it in the company of globally-respected terminals of the calibre of PSA Singapore Terminals, the Asia winner in the Over 4 million TEU’s category and PSA Antwerp, adjudged the best container terminal in Europe.

CICT CEO, Jack Huang has been quoted as saying, “Besides the intense competition among terminals across the region, these are challenging times for all players in sectors linked to international transportation, and retaining our position at the top is a great demonstration of our consistency even in hard times. This award is therefore a valuable tribute to the entire CICT team, the management and all our stakeholders.”

“We are also grateful to the Sri Lanka Ports Authority for its support, and to our staff whose commitment enabled CICT to be 100% operational during the difficult time of the pandemic, minimising the adverse impact to the port and the country.”

Hosted by Asia Cargo News, the AFLASawards are reportedly designed to honour leading service providers.

Huang has attributed CICT’s achievement to the terminal’s persistently high levels of productivity leading to fast ship turnaround times.

Nominees for the AFLAS awards are judged on adherence to criteria standards encompassing higher operational productivity, efficient turnaround of trucks delivering and picking up containers; provision of suitable container shipping-related infrastructure; cost competitiveness, customer service level and customer satisfaction; timely and adequate investment in new facilities to meet future demand; innovative operating environment, facilitation of ancillary services and ease of doing business activities; and effective and easy-to-use IT systems.

OSL take:

Sri Lanka’s geographical positioning in the Indian Ocean and the many trade agreements as well as trade concessions enjoyed by the country have made it a business hub in the South Asian region. It has also increased the business/investment opportunities in Sri Lanka’s port, shipping and maritime sectors. Sri Lanka’s Colombo Port has gained international recognition over its operations resulting in many countries like China and India showing interest in investing in the port. Sri Lanka’s port, shipping and maritime sectors have great business potential and its expanding business/investment opportunities provide great opportunities for foreign businesses/investors. 

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