Container volumes at Sri Lanka’s Colombo port have surged ahead in the first quarter of the year. Recently released statistics show that container traffic throughput rose by 16.2% in the first three months of 2018 compared with the equivalent period in 2017. As such, the port authority claims that Colombo was the second fastest growing major container port in the world, behind only Singapore.
The increase was largely due to strong growth in transhipment activity, which grew by almost 21% in this period. By comparison, domestic import and export traffic rose by only 1.4%.
Other types of traffic also performed well in the first quarter of the year and overall Colombo handled 25.47 million tonnes, 13.4% up on last year.