Govt. mulls to raise port charges

2018-11-08 00:00:54

The government is looking to revise the tariff charges upwards for the services provided at the Colombo port, Cabinet Spokesperson and Ports and Shipping Minister Mahinda Samarasinghe said.

Samarasinghe said the charges for the services provided by the Sri Lanka Ports Authority and Jaya Container Terminal would be raised “in keeping with the present market trends and enabling to provide a more qualitative service and to introduce a uniform method of tariff rates among the harbours”.

He said a proposal by him to this end was approved by the Cabinet of Ministers.  

The Colombo port is a key transshipment hub mainly for Indian traffic. 

During the first eight months of 2018, the Colombo port handled 3.68 million TEUs, up 20.4 percent year-on-year (YoY), while the total container handing for the period rose 15.6 percent YoY to 4.64 million TEUs. 

  Comments - 0

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Name is required

Email is required
Comment cannot be empty

DFCC Bank’s IT Subsidiary, takes centre-stage at 2018 NBQSA Awards for 3 stellar digital solutions

Monday, 12 November 2018 16:20

SYNAPSYS, the Fintech subsidiary of DFCC Bank, won 3 Merit awards for its products - VInnovate (Appl

HSBC to fuel the Creators of Cheer this Season

Monday, 12 November 2018 11:35

With the festive season fast approaching, HSBC has already begun to spread some holiday cheer by rol

Unilever Bags Gold at Presidential Environment Awards 2018

Monday, 12 November 2018 11:03

Unilever Sri Lanka’s Ceytea Factory was recognized for its contribution towards environmental

More News