Trade Relations

X-Press Feeders Expands Fleet, Secures Position as World’s Largest Feeder Operator

X-Press Feeders, headquartered in Singapore, has solidified its position as the world’s largest common feeder operator, significantly widening the gap over its main competitor, Unifeeder. Ranked 13th in the Alphaliner Top 100, X-Press has expanded its fleet capacity by 21.8%, adding 35,000 TEUs since October 2023. This growth outpaces the global liner fleet, which has

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Business

Jaya Container Terminals Celebrates 16 Years of Success with Record-Breaking Growth

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

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Business

Colombo Port Named World’s Best Growing Port for Q1 2024

Colombo Port has been recognized as the World’s Best Growing Port for the first quarter of 2024 by Alphaliner, a leading global shipping and logistics news portal and research publication. The nomination highlights the port’s impressive increase in cargo volumes and revenue, achieving a remarkable growth rate of 23.6% in 2024, according to K. D.

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