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Monday, May 17, 2021

Sri Lanka's China-run port sees record vehicle transshipment to Mexico, South Africa, EU - EconomyNext

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ECONOMYNEXT – Vehicles transshipped from Sri Lanka’s China-run Hambantota Port has grown 63 percent in the first four months of 2021 to 193,690 units from 118,872 units last year, driven by cars made in India and Korea.

The monthly volume of 62,736 vehicles in April was also the highest on record.

“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,” TissaWickramasinghe, Chief Operating Officer of the Hambantota International Port Group (HIPG) sid.

“We attribute this primarily to the efficiency, reliability, and high productivity of our Port.”

HIPG is a joint venture between China’s CM Port group and Sri Lanka Ports Authority.

The RORO cargo came mostly from Chennai, Mundra, Ennore in India and Gunsan and Pyeongtaek in South Korea, the firm said.

They were sent to Durban (South Africa), Veracruz (Mexico), San Antonio (US), Rotterdam (Netherlands) and Le Havere (France). (Colombo/May17/2021)

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Sri Lanka's China-run port sees record vehicle transshipment to Mexico, South Africa, EU - EconomyNext
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