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Wan Hai adds Colombo call as Sri Lanka recovers from unrest damage

Author:   Posttime:2023-05-25

TAIWAN's Wan Hai Lines has added a call at Colombo, Sri Lanka, to its Asia-US East Coast service with the newly built 13,000 TEU Wan Hai A10 docking at Colombo on May 16 as part of the adjusted AA7 service.

The stop at Colombo International Container Terminal (CICT) intends to tap on growing cargo volumes from the Indian subcontinent; Sri Lanka is a major textile exporter, according to London's Loadstar.


The AA7 service now calls at Shanghai, Ningbo, Taipei, Shekou, Cai Mep, Singapore, Colombo, New York, Norfolk, Charleston and Savannah.


Wan Hai said that it has been working in the Indian and Sri Lankan markets for more than 20 years, and opened a New Delhi office on May 5, showing its commitment to the subcontinental market.


The Taiwanese operator, which is primarily an intra-Asia carrier, moved into the Transpacific lane in 2020. Wan Hai said that it has cultivated the markets of India and Sri Lanka for more than 20 years, and its shipping network now covers all major ports on the east, west and south coasts of India, as well as Colombo, the transshipment hub for the Indian subcontinent.


Colombo's container throughput declined by 5 per cent year on year in 2022, to 6.86 million TEU, as mainline operators skipped Sri Lanka's main container port due to political and supply chain instability. The situation saw Maersk Line diverting transshipment cargo from India, opting to rail the containers to Europe.


Sri Lanka's government is striving to remedy the situation, and early this year, created a business promotion scheme involving Ministry of Ports and Shipping, Sri Lanka Ports Authority, CICT, SAGT Terminal, Sri Lanka Shipping Agents Association and Sri Lanka Ship Owners Association.


Minister of Ports, Shipping and Aviation Nimal Siripala de Silva said that about US$19 million has been allocated for CICT's upgrading, which is being expedited.
 

source:SchedNet

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