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INSEE to transfer raw materials via Hambantota Port

26 Nov 2021

INSEE Cement is to transfer raw materials to the company’s factory in Galle via the Hambantota Port, with the aim of enhancing operational efficiency. Hambantota International Port Group (HIPG) Chief Executive Officer (CEO) Johnson Liu expressed his appreciation of the partnership with INSEE. He stated: “INSEE Cement was Hambantota International Port’s (HIP) first customer for dry bulk cargo and we greatly appreciate the trust they placed in us. We have worked with them from 2018 and have been able to greatly increase our productivity in handling dry bulk volumes. Recognising the value the companies bring to each other, we decided to strengthen the partnership by entering into an agreement that will continue creating win-win opportunities that will be of mutual benefit.” An agreement was signed between INSEE Cement CEO Gustavo Navarro and Liu during a ceremony held at the Hambantota Maritime Centre yesterday (25). The Hambantota Port had handled a dry bulk volume of over one million metric tonnes (MT) in 2021, for the first time exceeding the one million mark under a single customer. Navarro stated: “Due to the limitations we have experienced in our previous operations, we couldn’t bring bigger vessels with larger volumes. HIP has been a great business partner for us; the port came up with some creative solutions to get our raw materials delivered efficiently and in a timely manner, which made a positive impact on our operation. This has not only benefited our company, but also the local economy in terms of dollar savings, because it reduced freight costs we otherwise paid to foreign vessels.” INSEE Cement Director – Procurement and Logistics Thusith Gunawarnasuriya further mentioned that with HIP, they were able to use larger vessels to carry their raw materials due to the port’s deep draft facilities.


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