Colombo terminal sees throughput rise 28pc in 2016 to 2 million TEU

January 08 2017 Print This Article
Sri Lanka's Colombo International Container Terminals (CICT) handled two million TEU during 2016, a year-on-year growth of 28 per cent driven by calls by mega containerships that contributed 70 per cent to the total volume.

CICT is a joint venture between Hong Kong's China Merchants Port Holdings and the Sri Lanka Ports Authority.

"The overall growth achieved by the port of Colombo bears out the rationale for CICT's successful operation" said CICT chief executive Ray Ren, reports Lanka Business Online.

In 2015, its first full year of operation, CICT handled 1.561 million TEU.