The Sri Lankan
ports of Colombo, Hambantota and Galle have little or no deviation cost for
ships traversing the East West Main Sea Route (MSR) and best suited for landing
cargo than any other port in the region.
MSR between the Far East and Europe
largest and busiest maritime trading lane in the world
the Far East and Europe is the largest and busiest maritime trading lane in the
world. Like Singapore and Tanjung Pelepas in the Straits of Malacca, Sri Lanka
sits bang on the East-West MSR.
estimated 650+ ships pass by Sri Lanka along the MSR daily, an indication of the potential that the island
nation could reap, Romesh David Chief Executive officer at South Asia Gateway
terminal in the Port of Colombo was quoted by the Sri Lankan media.
In 2019, 12-15 ships on average called
ports in Sri Lanka, 90% of ships called Colombo port
4,708 ships called at all ports in Sri Lanka in 2019-an average of 12-15 ships
per day. 90 percent of these ships called at the port of Colombo and 85 percent
of which were container ships.
speaking at an awareness program on Sri Lanka's potential on Logistics and
supplyu chain organized by the Sri Lankan Export development board at Colombo
On ‘Port of
Colombo-opportunities for Sri Lanka’, he said the Colombo Port is already a
well-established hub among global shipping lines for container transshipment.
It is also reasonably well established as a location for boarding and
disembarking of sea Marshals. It is however well established for many other
aspects that make up a maritime hub and are generally associated with competing
with transshipment hubs such as Singapore and Dubai.
added that Sri Lankan missions should look for foreign direct investment
opportunities especially in freight forwarding and logistics service providers,
large scale warehousing and logistics parks, ship crew companies, maritime law
firms and cold chain operations.