Home Business & Finance Ports Authority: JCT transshipment volumes increase by 23.3%

Ports Authority: JCT transshipment volumes increase by 23.3%

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The Chairman of Sri Lanka Ports Authority (SLPA) – Dr.Parakrama Dissanayake and the Hon.Minister of Ports and Shipping Mahinda Samarasinghe briefing of the latest growth of the Port of Colombo at a recent progress evaluation meeting.

The state owned Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA), witnessed the highest growth of 23.3% in transshipment container throughput for the first nine months (from January to September) in 2018 as against the corresponding period in 2017. During the first nine months of 2018, the transshipment volume handled by Jaya Container Terminal (JCT) reached 1,445,424 TEUs compared to 1,172,542 TEUs handled for the same period in 2017.

Meanwhile, the Port of Colombo has witnessed the highest growth of 19.4% in transshipment container throughput for the first nine months in 2018 as against the corresponding period in 2017. During the first nine months of 2018, the Port of Colombo handled 4,206,630 TEUs of transshipment containers as against 3,522,521 TEUs handled in the corresponding period in 2017.

The Port of Colombo expects to reach the 7 million TEU target by the end this year. In a statement, Hon. Minister of Ports and Shipping Mahinda Samarasinghe added that the port would take   new initiatives forward to promote the Port of Colombo internationally, together with all stake holders and to attract more new shipping lines that work in alliances.

Under the leadership of Hon. Minister of Ports and shipping Mahinda Samarasinghe, and advice by the Chairman of Sri Lanka Ports Authority (SLPA) Dr. Parakrama Dissanayake the positive increase at SLPA controlled terminal, Jaya Container Terminal (JCT), and Colombo International Container Terminal (CICT), and South Asia Gateway Terminal (SAGT) collectively resulted in this increase.

The recognition of credibility towards the management has encouraged the employees of SLPA to dedicatedly contribute towards efficient service along with collaborative support by all parties and stakeholders engaged in the port operations to keep SLPA’s productivity at a steadily and sustainably increasing rate. Creating history, the Port of Colombo for the first time has recorded 6.2 million container operations in year 2017.

Following Hon. Minister Mahinda Samarasinghe assuming  office as the Minister of Ports and Shipping, an exclusive 3 year plan  was introduced to develop the entire port sector to establish  Sri Lanka as the most preferred maritime gateway to South Asia.

The Port of Colombo is ranked as world’s No.01 container growth port among the top 30 container ports for the 1st half of 2018. In container handling, Port of Colombo has recorded a 15.6% growth for the 1st half of 2018 over same period last year according to Alphaliner Monthly 2018. It is also a very significant achievement as it is the first time in history the Port of Colombo reaches the top of a global maritime ranking.  With this growth, Port of Colombo has leaped ahead many other Asian Ports, Major European Ports and Dubai as well.