Colombo Port, according to the Sri Lanka Ports Authority, will see its current its 7.1m teu capacity double to 14.3m teu by 2023, rising to 35m teu by 2040.<\/p>\n
The country\u2019s two other ports, Hambatota and Trincomalee will focus on hydrocarbons and transhipment, respectively.<\/p>\n
Triconmalee on Sri Lanka\u2019s east coast is one of the largest natural harbours in the world and has 20 metre depth at the inner anchorage and thirty metres at the outer anchorage.<\/p>\n
It\u2019s home to 1.9bn people, 25% of the world\u2019s population, who it will ultimately serve via transhipment. More immediately, it is active in bulk transhipment, especially locally produced phosphates.<\/p>\n
Hambantota, on the island\u2019s south coast, will see its first private sector investment with LAUGFS, an LPG import, storage and re-export firm, establishing a terminal.<\/p>\n
\u201cThrough this terminal we will be expecting $1.3bn in exporting energy,\u201d chairman WKH Wegapitiya told the conference.<\/p>\n
Other ports in South Asia are also developing with Bangladesh developing both Chittagong and Sonadia and with Pakistan\u2019s Gwadar now taking cargoes.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sri Lanka aims to be more than a transhipment centre for India, according to comments from the port authority at the recent Colombo International Maritime Conference.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[32],"tags":[],"sponsor":[],"class_list":["post-2418","post","type-post","status-publish","format-standard","hentry","category-asia"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/2418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/comments?post=2418"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/2418\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/media?parent=2418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/categories?post=2418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/tags?post=2418"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/sponsor?post=2418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}