Hambantota International Port reaches 1 million MT benchmark for 2019

Commercial & Marketing

05 December 2019: The Hambantota International Port (HIP) had a busy week with 7 RORO ships calling at the port, discharging 18,722 vehicles of which 16, 830 vehicles were for transshipment and 1458 vehicles were for the local market. The discharging operation for these vessels were carried out simultaneously. The vessels were from the shipping lines Hoegh, NYK, Glovis and Seals Japan all of who have Terminal Service Agreements (TSA) with HIP. The port recently reached its 1 million MT benchmark for 2019 with volumes from three sectors i.e. RORO, Bulk and Liquid cargo.

As HIP completes two years of operations on December 10th it is now gearing to break new ground in bunkering and port related industries.  The port has already entered into an agreement with global giant Sinopec who will be their strategic bunkering partner in supplying low sulphur fuel at very competitive rates. “Our partnering with a leading bunkering operator will enable HIP to give very good rates which is possible, due to the economies of scale that Sinopec enjoys internationally,” Ray Ren CEO of HIPG says.

While bunkering will play a key role, transshipment of LPG and LNG will also become a part of the energy hub mix at HIP. Recently the Belgian LPG tanker EUPEN called at the Port to discharge cargo for transshipment,

Eupen discharged 22,209.12 MT of LPG consigned to the LAUGFS Terminal at HIP for transshipment to three destinations i.e. port Mongla in Bangladesh, the port of Male and the Port of Colombo.

Shipment volumes to and from Hambantota Port stood at 1,061,796.51 in late November, more than double the 416,016.10 metric tonnes handled by the port for the whole of 2018.

Shipment volumes are divided into three categories, roll-on/roll-off (RORO), dry bulk and liquid bulk. From January 1 to November 27 this year, the total shipment volume at Hambantota Port was 459,881.53 metric tonnes of RORO, 507,133 metric tonnes of dry bulk, and 94,781.98 metric tonnes of liquid bulk.

The Hambantota International Port is managed by Hambantota International Port Group (HIPG) and Hambantota International Port Services (HIPS), two new companies set up under a PPP between China Merchant Port Holdings (CMPort) and the Sri Lanka Ports Authority (SLPA).