Sri Lanka’s Hambantota Port sees highest RORO volume in April
Sri Lanka’s Hambantota International Port (HIP) has reportedly stated that it has seen a significant increase in its RORO figures during the first four months of 2021 in comparison to the corresponding period last year.
The first four months of this year has seen 193,690 vehicles come into the port for transhipment as against 118,872 vehicles during the same period last year; 62,736 vehicles were transhipped last month, marking the highest volume of RORO the port has handled in a month so far.
The April figures have topped increased RORO volumes HIP experienced in December 2020 and January 2021, local media reports stated.
According to reports, the ports of loading of RORO cargo arriving for transhipment at HIP are Chennai, Mundra, Ennore in India and Gunsan and Pyeongtaek in South Korea while the main ports of discharge are Durban (SA), Veracruz (Mexico), San Antonio (US), Rotterdam (Netherlands) and Le Havere (France) as well as some of the main shipping lines operating to and from HIP include NYK, MOL, Hyundai Glovis, Kline, ZIM, Hoegh, SEALS Japan, Eastern Car Carrier lines.
“While globally the export market still seems to be fluctuating, it is encouraging to see the Hambantota International Port being selected as the port of choice by the major shipping lines, and the numbers keep growing. We attribute this primarily to the efficiency, reliability, and high productivity of our Port. This is coupled together with the focus on safety and quality as per the global standards of CMPort,” Hambantota International Port Group (HIPG) COO Tissa Wickramasinghe, has been quoted as saying in the local media.
The port’s operations are carried out under strict Covid-19 regulations stipulated by the Government and port authorities.
OSL take:
Sri Lanka’s geographical positioning in the Indian ocean has helped boost the country’s ports, maritime and shipping sectors. It is this reason that has placed Sri Lanka prominently in China’s belt and road initiative (BRI). The many trade agreements as well as trade concessions enjoyed by the country have further helped boost the country’s maritime industry. All this has resulted in Sri Lanka becoming a business hub in the South Asian region. Foreign businesses/investors could therefore explore business/investment opportunities in Sri Lanka’s ports, shipping and maritime sectors.
| Article Code : | VBS/AT/20210520/Z_2 |