Home Business & Finance The Port of Colombo – 13th Best Connectivity Port in the World

The Port of Colombo – 13th Best Connectivity Port in the World

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Hon.Miister of Ports and Shipping Mahinda Samarasinghe and the Chairman of SLPA Dr.Parakrama Dissanayake at the jaya Container Terminal (JCT) during a recent inspection tour at the Port of Colombo.

The Drewry Global Container Port Connectivity Index recently announcing the top 20 ports with new entries of Jeber Ali and Algeciras added to the listings for the 4th quarter of Colombo’s rank from 18th to the 13th best connectivity port in the world.

Drewry Port Connectivity Index

The shipping consultancy Drewry that has launched a regular, bespoke index of port connectivity in this latest edition of its Ports & Terminals Insight report aims to show how well connected the world’s container Ports are. The index divides the world into seven major zones, and measures each port’s breadth of connectivity by the number of regions served and how many mainline services call per week.  Routes that involve transshipment are not counted, nor are intra-regional services within a region.

“The Drewry Global Container Port Connectivity Index that signifies the importance of port connectivity as important as size or  scale, consists of two variables, the number of mainline services calling at each port per week and the regions in the world to which each port is directly linked. Having  the widest possible range of direct service is a significant competitive advantage for all ports,”

 Sri Lanka Ports Authority (SLPA)  recently signed a Memorandum of Understanding (MOU)  with the terminals of the Port of Colombo to operate collectively to promote the Port of Colombo. The  meeting had been convened with the initiative of the Minister of Ports and Shipping Mahinda Samarasinghe and with the participation of Dr.Parakrama Dissanayake, the Chairman of Sri Lanka Ports Authority (SLPA). Expressing views at the occasion the Chairman of SLPA Dr.Parakrama Dissanayake said that the terminals would compete with each other but would also co-operate with each other moving between competition and co-operation.  “On the Asia to Europe sector there are 17 loops of which only 03 are calling Colombo. Therefore, obviously, we have got challenges to ensure that collectively we should attract more loops into the Port of Colombo. This means, we have to go beyond the partisan approach of promoting our terminals to protect the Port of Colombo,” the Chairman added

Courtesy : Sri Lanka Ports Authority (SLPA)