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Colombo Port ranks first in South Asia

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Colombo Port ranks first in South Asia

 According to the Global Port Performance Index (CPPI) rankings Second Edition 2021, the Port of Colombo in Sri Lanka is ranked 22nd out of 370 ports in the world, 3rd in the Indian Ocean region, and the most efficient port in the Indian subcontinent and South Asian region.

It is rated by the World Bank, S&P Global Market Intelligence and recognized financial services.

This data has been included in the second edition of the Global Container Port Performance Index (CPPI) 2021, ranking developed by the World Bank and S&P Global Market Intelligence and Financial Services.

Commenting on the Port of Colombo’s ranking in the CPPI, Dr Prasantha Jayamanna, Chairman, Sri Lanka Ports Authority (SLPA)  stated,  “The World Bank/S&P Administrative  and Statistical rankings of Colombo among the top 7% of the ports in the world and the best in South Asia, is a testament to the Port’s position as the primary transshipment hub in South Asia.”

He said in addition to the valuable contribution made by our own JCT, the ranking acknowledges the significant role played by the partner terminals, Colombo International Container Terminal (CICT) and South Asia Gateway Terminals (SAGT), who together have made the port what it is today.

Dr Jayamanna further said,  “Given SLPA’s role as Regulator and facilitator of port development of Sri Lanka, it is important to record that the Port of Colombo will continue to develop ahead of projected demand and towards this, construction has already begun on two new deep water terminals, the East Container Terminal (ECT) by the SLPA and the West Container Terminal (WCT), by a consortium led by Adani Ports and including John Keells Holdings. These developments will progressively add over 7 million TEU of throughput capacity over the next 2-5 years.”

The Port of Colombo recorded an all-time high throughput of 7.25 million TEUs in 2021 and continues its growth story, recording a year-on-year growth of 2% for the first 5 months of 2022 ending in May.

The present terminals in the Port offer almost 4,500 meters of quay with depths ranging from 12 – 18 meters, are served by 47 Ship-To-Shore Cranes and over 130Ha of yard space.

The SLPA, in addition to its role as regulator and landlord, also holds 15% equity stake in the two private terminals, CICT and SAGT.

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