Colombo port set to lose out from new direct container shipping service between Chattogram and Dubai

28 September 2022 06:11 am Views - {{hitsCtrl.values.hits}} 8 Bookmark

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A direct container shipping service is to be launched between Chattogram, Bangladesh and Dubai avoiding the Colombo Port, a Bangladeshi media report said.
Imports from Dubai now come to Chattogram via Sri Lanka’s Colombo port. The consignments are unloaded from the mother vessel and then loaded into smaller feeder vessels in Colombo. Export consignments are also sent to Dubai via Colombo.

Saif Powertec Limited is set to launch a direct container shipping service on Chattogram-United Arab Emirates route, slashing the shipping time to 18 days from current 45 and reducing freight cost by US$ 150-200 per 20-foot equivalent unit (TEU), a news report by The Business Standard said.

Three of Saif Powertec vessels will sail from Dubai in the UAE in November.
According to the news report the Colombo, transshipment pushes up both the freight cost and shipping time. The direct service will cut out the freight handling charges and time at the Lankan port.

Saif Powertec ships will be carrying 1,700 TEUs of goods on each trip, and commute from Chattogram to Dubai every ten days, said Ruhul Amin Saif Powertec Managing Director, Ruhul Amin.

Comments - 8

Punchi Wednesday, 28 September 2022 07:43 AM

If the Indians improve port facilities in Kerala or Tamil Nadu, Andra Pradesh. It will eat into our transshipment income. Sayonara Paradise

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Robin Banks Wednesday, 28 September 2022 08:31 AM

While Ranil and his merry men are busy trying to safeguard themselves and their stolen loot, leaders of other countries are progressing their country by exploiting Sri Lanka's weak leadership.

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allen selwyn Wednesday, 28 September 2022 09:09 AM

Who wants Silly Lanka anyway ..........

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BuffaloaCitizen Wednesday, 28 September 2022 09:14 AM

Now what, we are too late for everything. We do not have competent nor expertise in anything to pre-plan and configure. Even the shipping expert or President of this country has the brain of a three wheel driver even though he may have a degree. This is our cultural calamity.

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Daya Wednesday, 28 September 2022 11:44 AM

The construction of new port terminals will not help without adequate feasibility studies on future trends which are lacking in Sri Lanka. I doubt if we have experts in this field currently. We need someone like Dr. Parakrma Dissanayaka (ex-Chairman of SLPA and current Board member of Aitken Spence Group).

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Wrong, Wrong wrong Wednesday, 28 September 2022 05:56 PM

Nothing can be done, as we were making money as a middle man, who added many days moving containers off and onto other ships. It was only a matter of time before any less useful functions like the middleman business that has been cut out would happen. There was also no way even if being a middle man to do better than the new time, as the time saving of not coming in to Sri Lanka is so great. No point pointing fingers about our country, as we even had the opportunity because the shipping was previously not as advanced (as now) to allow for larger ship to go direct.

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Mahila Thursday, 29 September 2022 04:41 AM

MaRa is the best to lead the Colombo Port (development) Project (CPP), so that like Hambantota Port Project (HPP) he will get the Chinese to fund the construction with his 20% assured??!! Parakrama Dissanayaka, has been choice of MaRa and sure in the past, is happy to work with him! They did initiate and complete in TANDEM HPP I and II – rock blasting the HPP entry channel??!! Then CPP would be elevated to be the TWIN of HPP? What a wonder of South Asia, if not Asia?? LOTUS Tower in Shadowed??!!

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Mahila Thursday, 29 September 2022 04:41 AM

MaRa is the best to lead the Colombo Port (development) Project (CPP), so that like Hambantota Port Project (HPP) he will get the Chinese to fund the construction with his 20% assured??!! Parakrama Dissanayaka, has been choice of MaRa and sure in the past, is happy to work with him! They did initiate and complete in TANDEM HPP I and II – rock blasting the HPP entry channel??!! Then CPP would be elevated to be the TWIN of HPP? What a wonder of South Asia, if not Asia?? LOTUS Tower in Shadowed??!!

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