Business

Sri Lanka to expand container transshipment through Port of Colombo

President Maithripala Sirisena said that the government would facilitate multi-national companies such as Maersk A/S to expand container transhipment through the Port of Colombo as that would help the Sri Lankan economy immensely.

Maersk Chief Executive Officer Soren Skou met with President Sirisena at the Presidential secretariat Wednesday (27) and briefed the President on expansion plans of Maersk container handling in Sri Lanka.

He said that Maersk’s business partner, South Asia Getaway Terminal Pvt Ltd is holding discussions with the Ministry of Ports and Shipping and the Sri Lanka Ports Authority (SLPA) regarding the expansion of container transshipments in Sri Lanka.

Furthermore, the Maersk handles 20% of Twenty Foot Equitant Unit containers (TEUs) at the Port of Colombo and bulk of Sri Lanka’s imports and export freight.

Senior Director of Maersk (South Asia) A P Moller, John Keells Holdings Chairman Krishan Balendra, South Asia gateway Terminal CEO, Romesh David and Additional Secretary to the President, Esala Weerakoon were also present at this discussion.