New China-built Sri Lanka Container Terminal to Rival Majors

MarineLink.com
Monday, August 12, 2013
Dignitories at CICT opening ceremony: Photo credit China Merchants

The newly-opened $500 million Chinese-built Colombo terminal is situated about mid-way on the important East/West shipping route and is claimed to have facilities on a par with Singapore and Dubai.

The Colombo International Container Terminal (CICT), which is 85 per cent owned by the state-run China Merchant Holdings International, is designed to handle mega ships -- a first for Sri Lanka which is aiming to become the region's shipping hub.

His Excellency, Mahinda Rajapakse, the President of the Democratic Socialist Republic of Sri Lanka and Mr. Li Jianhong, the President of China Merchants Group attended the ceremony, and cut the ribbon to officially commission the lifting of the first container.

In the morning of the opening the 12,000 teu container vessel CMA CMG Pegasus berthed alongside the brand new CICT berth, whcih created history by being the first ever ultra large container carrier to enter the Port of Colombo.

Prior to the opening ceremony, Dr. Hu Jianhua, Mr. Liu Yunshu, Chief Operation Officer of CMHI and CEO of CICT, Mr. Farid T. Salem, Executive Officer and Director of CMA CGM and Captain Nihal, Managing Director of Sri Lanka Ports Authority, boarded the Vessel for the traditional exchange of plaques between the Ship and the Terminal.

Also during the day, Mr. Li Jianhong was interviewed by Xinhua News Agency at the opening ceremony site and answered the journalist's questions regarding CICT's influence on Sri Lanka and the Asian Pacific regions. He emphasized the leading role played by China Merchants Group especially in the field of Shipping and Container Terminal industry and discussed future investment opportunities in Sri Lanka.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Sellick Equipment to Open New Facility

On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager,

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

EU Clears CMA CGM, NOL Merger, with Conditions

The European Commission said on Friday it had cleared French shipping group CMA CGM's $2.4 billion takeover of Neptune Orient Lines on condition that NOL pulls out from a rival shipping alliance.

News

Pacific Nations Take a Stand on Shipping Emissions

On Earth Day, Pacific leaders queued among 175 countries to sign the Paris Agreement in New York. Earlier that day in London, the International Maritime Organization (IMO),

Sellick Equipment to Open New Facility

On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager,

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Logistics

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Royal Caribbean's Revenue up 5.6%

Royal Caribbean Cruises Ltd reported a 5.6 percent rise in quarterly revenue, helped by higher passenger ticket revenue and onboard spending, sending the company's

Aging Seaborne Steel Products

In 2015, seaborne steel products trade accounted for around a fifth of minor bulk trade, having grown on average by 6 percent per annum since 2010, according to Clarksons Research.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1338 sec (7 req/sec)