Hambantota Port sees 40% surge in vehicle handling as global transshipments rise

RORO cargo awaiting transshipment

The Hambantota International Port (HIP) saw a 40 percent jump in the number of roll-on/roll-off (RORO) vehicles handled between the second and third quarters of 2024, as the global shipping activity picked up. 

The port processed 175,583 units by the end of September, up from 125,526 units in the second quarter, driven by an increase in transshipment operations and the addition of new ports to its network.

The key ports added to the HIP’s portfolio include Shanghai, Ulsan, Taicang, Pyeongtaek, Dafeng and Baltimore, contributing to the higher vehicle volumes. The surge was anticipated in the HIP’s strategic planning two years ago, prompting an expansion of yard space to accommodate the growing demand.

Hambantota International Port Group (HIPG) General Manager Commercial and Marketing Lance Zuo attributed much of the growth to transshipment, noting a shift in the types of vehicles being handled. 

“We experienced an increase in the arrival of high and heavy vehicles from our contracted clients, which has significantly contributed to the port’s revenue,” Zuo said. 

“Several RORO shipping lines launching new services to new destinations through the HIP shows their growing confidence in the port, especially considering the significant increase in the number of high-end vehicles we transship.”

HIPG CEO Wilson Qu emphasised the port’s focus on operational excellence as a key driver of its recent success. 

“While there are several factors connected to our increase in the RORO numbers, such as the port’s location and yard space, the key factor is our service excellence and experienced handling, with zero tolerance for accidents,” Qu said. 

He added that by maximising the advantages of the HIP’s prime location, expanding infrastructure to manage higher volumes effectively and utilising their experienced team, the facility is well-positioned to meet the evolving demands of the global shipping industry.

Qu further highlighted the port’s commitment to enhancing service quality and customer satisfaction, with plans for continued growth. 

“As we continue to grow, we are excited about the new dimensions we bring to the industry and the opportunities that lie ahead,” he said.

With a robust master plan and strategic investments, the HIP is on track to sustain its growth and strengthen its position in the maritime industry.