For DP World Cochin, which has been aggressively wooing mainline calls to bolster its sagging hub fortunes, ad-hoc calls resulting from the Colombo logjam have proved to be a tailwind in lifting business activity.
30 Nov 2020
Besides the Colombo logjam and acute container shortages, last week’s cyclone-related disruptions at Chennai and other nearby ports dealt another blow to supply chains out of India’s east coast corridor.
19 Nov 2020
Indian shippers are preparing for other carriers to levy equipment surcharges for US-bound cargoes after Mediterranean Shipping Co. said it will do so starting Dec. 3.
18 Nov 2020
Feeder vessels are seeing over 48 hours berthing delay in Colombo and nearly 36 hours in Singapore, lowering the number of possible voyages and raising costs.
11 Nov 2020
Many of Cochin’s competitive disadvantages are rooted in the high level of port call charges that carriers face there, which DP World estimates are roughly 60 percent higher for mainline calls.
04 Nov 2020
Colombo commands the bulk of India’s transshipped volume, especially for trade in and out of the country’s east coast corridor.
26 Aug 2020
With carriers refocusing on Colombo or other regional hubs for predictable cost advantages in tighter market conditions, Indian cargo owners may have to wait longer to enjoy more competitive, direct shipping solutions.
19 Feb 2020
Colombo had respectable container volume growth last year, but saw its dominance over Indian cargo begin to slip following cabotage reform enacted in mid-2018.
31 Dec 2019
There is no denying the Indian government has in recent years demonstrated a stronger intent to recapture domestic cargo transshipped through Sri Lanka’s Colombo and other foreign hubs, but there appears to be no quick fix on the table in 2020.
31 May 2019
The two governments have agreed to help fund Sri Lanka’s East Container Terminal (ECT), a second facility under the Colombo South Harbor development program.
11 Oct 2018
“We want to use the Colombo port for transshipment of goods towards Europe and America, as it will help us cut lead time by nearly 10 days,” said Bangladesh Garment Manufacturers and Exporters Association president Siddiqur Rahman.
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