HIP invests US$ 8 mn in new RoRo yard

19 June 2023 01:30 am Views - 653

A Glovis vessel unloading vehicles for transshipment at the currently available yard facility, adjacent to the new 68,000 m² RORO yard being built

 

With more roll-on-roll off (RoRo) ships calling at the Hambantota International Port (HIP), the port will be adding a further 5,000 slots to accommodate transshipment vehicles. 
HIP, which currently has the capacity to accommodate approximately 28,000 units, services nine main shipping lines who actively use the port for transshipment of RoRo cargo.   
With large volumes expected via several shipping lines in the coming months, the port management considers the rapid expansion of the RoRo yard an urgent necessity.


In line with that, HIPG has made a US$ 8 million investment to build another 68,000 m² of parking space. The facility which will be completed within the next 7 months, will have a yard to berth distance of 55m.
“HIP is becoming an attractive destination for RoRo transshipment due to a combination of factors, the top most marketable aspect being our reliability, closely followed by our safety standards, speed of execution and strategic location.

 As the global economy gradually improves, we expect to see a further increase of our volumes,”Hambantota International Port Group COO Tissa Wickramasinghe said.
“In order to give confidence to its customers, HIPG will continue to make investments in areas of strategic importance to the long-term development of HIP. This is a continuous process and is done in line with global trends to build capacity ahead of demand,” he added.
RoRo volumes at HIP have reached over 271,000 units as at May 2023, and the port plans on seeing a significant growth in the number by the close of the year.