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ITTC of 2 million teu second full year of operation

Bornes Colombo International Container (CICT) reported a return of 2 million TEUs during the 12 months ending on December 31, 2016, achieving impressive growth of 28 percent in volume.

This new volume has allowed the port of Colombo to register a progressive global growth for three consecutive years since its entry into service of the ISTC, said the company.

In announcing the milestone, the ISTC declared the ULCC (Ultra Container Containers) and VLCC (Very Large Container Carriers), a large number of dimensions that only South Colombo Terminal is capable of managing contributed to 70 The volume reached in 2016.

The additional volume managed by ISTC was one of the factors contributing to the overall performance of the port of Colombo growing at about 11 percent in 2016, the company said. The ISTC is the first and currently the only deep-water terminal in South Asia equipped with facilities to handle larger vessels afloat.

"The overall growth achieved by the port of Colombo has confirmed the rationale for the smooth running of the ISTC," said CTIC CEO Ray Ren. "We are delighted with the new venture that ISTC has attracted the port of Colombo in 2016 and we are proud of our contribution to the overall growth achieved by the Port."

Mr. Tissa Wickramasinghe, Managing Director of ISTC Commercial and Commercial, added: "It should be noted that this historic achievement of 2 million teu was achieved mainly through the synergies developed by our parent company China Merchants Port Holdings (CMPH) The ability to access the global CMPH network was key to obtaining and attracting new volumes of transhipment to the port factor of Colombo, with the introduction of new services and shipping lines, the ISTC Tendency for the port of Colombo to avoid international competition for highly sensitive and volatile transshipment cargo, an exhausted global shipping market. "

In 2015, its first full year of operation, the 2015 ISTC processed 1,561 million teu, VLCC and ULCC with segments making a 67% contribution to this volume. The advantage of these mega-carriers that call the port is cascaded to the other terminals and reinforces the status of Colombo as an important transhipment center.

Over the past two years, the ISTC has led Colombo to some of the largest ships traveling Asia-Europe routes. The MSC Maya, with 19,224 TEUs, is the largest container ship in the world, MV Mogens Maersk (18,300 TEU), MSC New York (16,652 TEU), CMA CGM Marco Polo (16,020 TEU), YML YM Wondrous And Edith Maersk and EMC Thalassa Hellas (each 14,000 TEU plus) and its twin ships are now regularly called in the ISTC.

In addition to its significant contributions to the growth of the port of Colombo in terms of volume, the ISTC is also responsible for several first-service innovations and green operations. In early 2016, the company launched a US $ 10 million program to convert its fleet of rubber gantry cranes operated by diesel cranes rubber gantry cranes (E-RTGs) that have zero carbon emissions.

The ISTC was also the first terminal in the port of Colombo to present electronic boat invoices, innovates in efforts to reduce the role in export documents and the first to launch a mobile application in order to maintain the terminal .

The year also ends saw the ISTC won the prestigious award "Highly Recommended" in the category of "Port Operator" in the Middle East list of Lloyd and Indian Subcontinent Awards, and cited as a factor in its Parent company - China Merchants Port Holdings (CMPH) - Operadora Portuaria being awarded the year to 2016 Lloyd's Global List Awards.

 
 

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