The Hambantota International Port (HIP) experienced a remarkable 40% increase in the handling of roll-on/roll-off (RORO) vehicles between the second and third quarters of 2024, driven by a resurgence in global shipping activity. By the end of September, the port processed 175,583 units, up from 125,526 units in the previous quarter. This surge was attributed
Jaya Container Terminals Ltd. (JCT Ltd.), a subsidiary of the Sri Lanka Ports Authority (SLPA), recently celebrated its 16th anniversary, marking a significant milestone in the Sri Lankan maritime industry. Since its establishment in 2008, JCT Ltd. has grown into a key player, consistently exceeding revenue and profitability expectations. Chairman and Attorney-at-law Lakmal Ratnayake attributed
The Hambantota International Port (HIP) has achieved significant milestones in 2024, with a 40 percent increase in volumes to date. The port’s Commercial and Marketing division forecasts that growth will reach 50 percent by the end of the year. Lance Zuo, General Manager of Commercial and Marketing at Hambantota International Port Group (HIPG), attributes this