Colombo Port sets new transshipment mark with 6.31mn TEUs in 2024
- 5opn1
- January 21, 2025
- Business News
- Colombo Port sets new transshipment mark with 6.31mn TEUs in 2024
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The transshipment volumes handled by the Port of Colombo jumped by 9.7 percent year-on-year (YoY) to a record high of 6.31 million 20-foot equivalent units (TEUs) in 2024, with the transshipment volumes accounting for 81 percent of the port’s container throughput during the year.
Driven by transshipment growth, partly attributed to the Red Sea crisis, the port went on to record an all-time high container throughput of 7.78 million TEUs in 2024, registering a 12.1 percent YoY jump, surpassing the 6.91 million TEUs handled in the previous year.
In December last year, the transshipment volumes handled by the port climbed by 5.4 percent YoY to 544,266 TEUs, extending its growth streak.
The Sri Lanka Ports Authority (SLPA) is targeting to surpass nine million TEUs in container throughput this year, with over two million additional capacities from the East Container Terminal (ECT) and Colombo West International Terminal (CWIT) set to boost the port’s capacity to over 10 million TEUs within this year.
