Sri Lanka’s Minister of Transport, Bimal Rathnayake, has invited Saudi Arabia to the International Maritime Summit in Colombo, aiming to enhance maritime cooperation. Discussions with Saudi Arabia’s Transport Minister focused on strengthening ties and exploring transport opportunities. The summit will address sustainability and innovation in the maritime sector, attracting various stakeholders.
The Sri Lankan Cabinet has approved the establishment of Colombo Eastern Container Terminal (Private) Limited to manage the Eastern Container Terminal at Colombo Port. This initiative aims to enhance economic returns and operational efficiency while ensuring competitiveness against private operators, all while remaining under the Sri Lanka Ports Authority’s ownership.
Netaji Subhas Dock is a major container terminal on India’s east coast, handling 0.63 million TEU in FY 2024. Serving states like West Bengal, Bihar, Uttar Pradesh, and Assam, it is a key hub for liner vessels en route to transshipment hubs in Port Kelang, Colombo, and Singapore.
