Sri Lanks Invest $190mln on ECT Terminal
Sri Lanks will invest a sum of US$ 190 million to installs gantry cairns and also add other infrastructure to the East Container Terminal, said Sagala Ratnayaka, the Minister of Ports, Shipping and Southern Development.He said Sri Lanka Port Authority (SLPA) would initially invest this amount and then get it reimbursed from Japan International Cooperation Agency (JICA) under a loan agreement.Ratnayaka said that the passenger terminal in the Colombo Harbour too would be developed.
Sri Lanka, Japan, India Pact on ECT
The three governments of Sri Lanka, Japan and India have signed a Memorandum of Cooperation (MoC) for the development of the East Container Terminal (ECT) located in the Colombo South Port."As a hub of the Indian Ocean, the development of Sri Lanka and openness of its ports are of great importance. Colombo Port is the leading Port in the region. This joint project reflects the longstanding good will and cooperation among the three countries," said a joint statement.Japan has provided cooperation for the development of the Jaya Container Terminal since the 1980’s.
CMA CGM Upgrades NEMO service
Shipping group CMA CGM has reinforced its Europe / Indian Ocean & Australia offering by upgrading its NEMO service, which liaises North Europe and the Mediterranean to the Indian Ocean Islands and Australia on the southbound leg and Australia to southeast Asia and Europe on the northbound leg.This upgraded service will be effective in September 2019 and operated in partnership with MSC, subject to applicable filing requirements.CMA CGM said the new offer will feature an upgraded fleet and provide expanded port coverage through a better utilization of hubs offering dedicated feeder services.
ZIM-MSC Connecting India and East Mediterranean Ports
ZIM Integrated Shipping Services (ZIM) and MSC Mediterranean Shipping Company have announced a new cooperation on the India sub-continent – Mediterranean trade. The new cooperation is due to commence on the second half of October, connecting India and major East Mediterranean ports. A press statement from the company said: "We are pleased to announce a new cooperation, offering a fast and reliable connection between the sub-continent and the Mediterranean."Rani Ben-Yehuda, ZIM’s EVP Cross Suez and Atlantic BU…
Evergreen Strengthens Asia – East Africa Service
In order to meet increasing and diverse market demands, Evergreen Line has announced enhancements to its current Asia – East Africa service (AEF) – adding to its direct calls in Central & Southern China. Five vessels are currently deployed on the AEF service – three operated by Evergreen Line, the remaining two by COSCO and X-Press Feeders. To accommodate the extended service to China, Evergreen Line and COSCO will each provide one more vessel. As such a total of seven ships with an average capacity of 4,200 TEU will be utilized with a service rotation of seven weeks.
Ocean Network Express Calls APM Terminals Mumbai
NYK ARTEMIS, part of Ocean Network Express’s (ONE) PS3 service made its maiden call at APM Terminals’ Gateway Terminals of India (GTI) offers connectivity to the Far-east Asian ports along with United States West Coast ports of Oakland and Los Angeles. This is the first call by the newly established ONE line to Mumbai’s Nhava Sheva terminal. ONE was established in 2017 by the integration of three Japanese shipping companies - Kawasaki Kisen Kaisha Ltd ("K" Line), Mitsui O.S.K. Lines Ltd (MOL) and Nippon Yusen Kabushiki Kaisha (NYK).
Transshipments at Colombo Port up by 20.4%
Transshipment operations at the Port of Colombo in January have shot up significantly copmared to January of last year according to Sri Lanka Ports Authority. Aa against 362,451 transshipment TEU operations in January 2017, together with the JCT, SAGT and CICT, the Colombo Port witnessed tremendous growth having recorded 436,303 transshipment TEU operations last month. This amounted to an increase of 20.4 percent. Sri Lanka Ports Authority controlled Jaya Container Terminal (JCT) had recorded 114…
Japanese FM Visits Colombo Port
Japanese Foreign Minister Taro Kono has visited the port of Colombo in Sri Lanka. Kono was briefed by Sri Lankan government officials about a project under consideration to expand the port. The Japanese Foreign Minister also visited the newly built control tower and the Colombo Port Expansion Project currently known as the Colombo south Port. Colombo is the largest port in Sri Lanka, which is a strategically important point in Indian Ocean sea lanes. Taro Kono was briefed by the Chairman of Sri Lanka Ports Authority (SLPA) Dr.
New Container Scanner System for Colombo Port
A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials. According to the newest initiative four portals of Eagle P60, state of the art scanning units with complete turnkey solution would be installed by the Rapiscan Systems (Pvt) Ltd, an American based leading global supplier of security inspection. It was learnt the Rapiscan Systems (Pvt), the lowest bidder for the tender was awarded the contract by the government under the purview of customs authority.
CMA CGM Reshuffles Asia to Indian Sub-Continent Service
CMA CGM has announced revamping of dedicated services to Indian Sub-Continent including India West Coast, Pakistan, and Sri Lanka (CIMEX 2N, CIMEX 2CS, and CIMEX 2K) as from mid April 2017 ex Asia. CIMEX 2N [FI3 consortium]: Rotation : Xingang - Dalian - Qingdao - Busan - Kwangyang - Ningbo - Nansha - Singapore - Tanjung Pelepas - Colombo – Nhava Sheva - Mundra - Singapore - Xingang. CIMEX 2CS [2 vessels out of 6 operated by CMA CGM Group]: This service being the result of 2 merged existing loops (CIMEX 2C and CIMEX 2S).
Colombo Port Volumes Surpasses 2mln TEUs
Colombo International Container Terminals (CICT) has reported a throughput of two million TEUs for the 12 months ending 31 December 2016, a year-on-year growth of 28 percent in volume, enabling the Port of Colombo to register overall incremental growth during three consecutive years. Announcing the milestone achievement, CICT said ULCCs (Ultra Large Container Carriers) and VLCCs (Very large Container Carriers), many of a size that only the Colombo South Terminal is capable of handling, had contributed 70 percent to the volumes it achieved in 2016.
Concor Consortium to Bid for Colombo Container Terminal
Container Corporation of India (Concor) has formed a consortium with APM Terminals B.V., John Keells Holdings and Maersk Line in order to bid for the development of East Container Terminal in Colombo, reports Hindu Business Line. The total project value is likely to be about $550-600 million. The Colombo Port currently has four container terminals. In 2008, a new harbour basin, the Colombo South Harbour was developed to accommodate deep draft vessels and the Sri Lanka Ports Authority (SLPA) decided to develop four new terminals…
Sri Lanka Wants Indian Subcontinent Firm Involved in $400 mln Port Contract
Sri Lanka is seeking a consortium that must include a company from the Indian subcontinent to bid for a $400 million contract to build a port terminal, the ports minister said on Thursday. The move to include an Indian subcontinent firm could neutralise growing Chinese influence in Colombo's port. Arjuna Ranatunga, Sri Lanka's ports minister, said at least a 20 percent stake in consortia bidding for the Colombo East terminal construction contract must be held by a firm from the Indian subcontinent.
MSC Expands India-Africa Service
Geneva-based Mediterranean Shipping Co SA has expanded the port rotation of its India-South Africa service by introducing a direct call at Hazira, a privately-operated cargo complex on India’s west coast, in an attempt to pick up additional hinterland cargo. Hazira Port, which is about 120 nautical miles north of JNPT, is operated by Adani Ports and Special Economic Zone, India’s biggest port infrastructure developer. "MSC would like to inform customers that we have strengthened…
Colombo Port Boosts Volumes
The Chinese-built Colombo International Container Terminals (CICT), which opened for business in 2014, has made significant gains in container handling last year surpassing 1.5 million TEUs, according to local media. The Terminal has set a record in 2015 with handling 1.561 million TEUs representing 1.57 percent increase over the year before and 67 percent of this volume is from ULCC (Ultra Large Container Carrier) and VLCC (Very large Container Carrier) segments. CICT is the…
Time to Expand Lanka Port, Says Maersk
Boosting Sri Lanka’s international investment profile, the world’s largest shipper Maersk Line is moving for Sri Lanka entry. The Danish multinational Maersk Line has been the world’s largest container shipping company since 1996. It operates 604 container vessels across the world and calls on 343 ports in 121 countries. New Delhi based Danish Ambassador for Sri Lanka Peter Taksøe-Jensen revealed the Maersk Line's breakthrough entry plans for Sri Lanka when he paid a courtesy call on Sri Lankan Minister of Industry and Commerce Rishad Bathiudeen.
Colombo Port to be Among Top 20 Soon - Minister
Port and Shipping Minister Arjuna Ranathunga said he plans to bring the Colombo Port to be among the top 20 global container ports. He said every possible step has been taken to facilitate all employees and staff of the institution to perform their fullest duty towards Sri Lanka Ports Authority without disputes and as same as the previous year. Sri Lanka Ports Authority (SLPA) Chairman Dammika Ranathunga said the institution is by now acquiring a rapid progress. He said compared to the decrease in TEU operations in 2015…
Colachel to Become Major Port
The government of India would soon build a major port at Colachel in the southernmost tip of Tamil Nadu at an estimated cost of $3.2 billion (Rs 21,000 crore), envisaged to emerge as a southern gateway of transshipment in the country, reports PTI. He said that the Government of Tamil Nadu has given its consent to the Centre to facilitate developing the port. The port would be developed in three phases and it would take three years for completing the construction," he said.The minister…
WISTA-Sri Lanka Celebrates 1st Anniversary
WISTA International Board Member and INDIA President Ms.Sanjam Sahi Gupta attended the first Annual General Meeting (AGM) of WISTA Sri Lanka that was held on 22nd of July 2015 .The event was graced by government heads such as the Hon. Minister of Shipping and Aviation Mr. Arujuna Ranatunga , State Minister Mrs. Rosy Senenayake together with other industry heads in the Maritime sector and WISTA members. After a highly successful year, the Sri Lankan branch of the Women’s International Shipping & Trading Association (WISTA)celebrated a year during which its members worked together…
Sri Lanka to Establish Terminal for Cruise Ships
A fully-fledged cruise terminal is to be set up at Colombo port given the increasing number of calls by cruise vessels, according to Lakdas Panagoda, chairman of the Sri Lanka Ports Authority (SLPA). The SLPA plans to convert the Bandaranaike Quay (BQ) of Colombo port into a “fully-fledged international cruise terminal,” Panagoda said. This was one of the initiatives taken by the SLPA during the new administration in the past six months, he said. Cruise lines revived calls at Sri Lankan ports like Colombo after the end of the island’s 30-year ethnic war in 2009.
Evergreen Line Extends Indian Ocean Network
Evergreen Line is teaming up with United Africa Feeder Line (UAFL) to extend its service network in the Indian Ocean. Evergreen announce a new ISC-Mauritius-Mozambique-Africa (IMMA) Service linking the Indian sub-continent, Indian Ocean Islands and Mozambique will be launched in late April. Employing three 2,500 TEU vessels, the biweekly service will have its inaugural sailing from Karachi on the 22nd of April 2-13. The port rotation will then follow as Mundra - Colombo - Port Louis - Tamatave - Durban - Maputo - Nacala - Karachi.