Development of the hub port of Colombo, Sri Lanka

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Abstract

The Port of Colombo, Sri Lanka, is an important hub port in the Indian Ocean. A hub port is a port with mainly transhipment (and in this case container) throughput, which means that most of the cargo is not for the country itself, but for countries in the region. The yearly container throughput at the Port of Colombo reached its full capacity of 1.7 million TEU per year in 1997. Increasing waiting times for ships calling at the port are a result of this. Because of the costs of a waiting ship, shipping lines will choose other ports in the region such as Singapore, Salalah (Oman) or Dubai (United Arab Emirates) for their ships to go to. The aim of this study is to develop a plan for a New Container Terminal, which will give the Port of Colombo enough container throughput capacity for the next 25 years: till the year 2025.

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