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TRANSSHIPMENT volumes declined for the second straight month in June at the Port of Colombo as some services rerouted to avoid the heavy congestion at the port.
In June, the transshipment volumes handled by the port declined by 5.1 per cent year on year (YoY) to 516,742 TEU, after recording the first decline in the previous month for this year.
There was also a noticeable 20.1 per cent YoY decline in the number of container ships calling at the Port of Colombo in June, report Sri Lanka's Daily Mirror.
"The port yard is operating above full capacity, which has led to inter-terminal delays. This has resulted in an overall decline at the Port of Colombo. Earlier, the transshipment cargo, which was cleared out in a week, now faces delays up to 21 days," an industry source said.
The overall transshipment volumes grew by 9.6 per cent YoY to 3.19 million TEU in the first half of this year, driven by a double-digit growth recorded during the first four months of the year.
https://www.shippingazette.com/news?news_id=9240700000924
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