Hambantota International Port projects 50% growth

Container Cargo vessel docking at HIP

The Hambantota International Port (HIP) has experienced a substantial increase in volumes, with a 40 percent growth recorded in 2024 to date. The port’s Commercial and Marketing division says the growth is expected to reach 50 percent by the year end.

“The impressive performance and strategic growth of the port in 2024 demonstrate the Hambantota International Port Group’s (HIPG) expertise in networking and marketing, managing port operations as well as HIP’s ability to efficiently handle rising volumes. 

This achievement not only showcases the port’s effectiveness but HIPG’s commitment to its continuous development, in terms of increased efficiencies, strategic investments in infrastructure and services. The port’s leadership has been pivotal in driving this success,” said General Manager Commercial and Marketing Lance Zuo.

Significant growth has been noted in Bulk/Break-bulk, Gas, Marine Services, and Container segments, solidifying Hambantota Port’s position as a key player in the maritime market. 

The port is increasingly recognised for its strategic location and efficient services, making it a preferred destination for transshipment and logistical services.