Economics

Hambantota Port Sees 40% Increase in Vehicle Handling

  • October 8, 2024

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

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Business

German Ministry Explores Business Opportunities at Hambantota Port

  • September 23, 2024

Tobias Pierlings, Director and Head of Division for South Asia and Southeast Asia at the German Federal Ministry for Economic Affairs and Climate Action, along with a delegation from the German Embassy in Sri Lanka, visited Hambantota International Port (HIP) last week to explore potential business opportunities and assess the port’s capabilities. During the visit,

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