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Colombo Port has pivotal role to play

With the rapid economic growth in India, as one of the best ports in the region Colombo port too has a pivotal role to play.

Speaking to Daily News Business Port of Chennai Chairman Capt. Subhash Kumar said "all the major ports in India are sharing cargo and we have to handle a large amount of cargo generated with the economic boom in the country by 2011-2012.


Capt. Subhash Kumar
Picture by Saliya Rupasinghe

Though our ports are undergoing capacity improvement and development process this cannot be only done by Indian ports. Colombo port has to share this cargo with Indian ports," he said.

He said that Colombo port is doing quite well and it is among the best ports in the world.

Compared to India ports charges in Colombo port are low and are lower than other countries such as Singapore.

Cargo moves to the port that gives better service, cost and high efficiency and Colombo port has to focus on this, he said.

Port is a service oriented business entity and efficiency is the key of attracting business to any port.

When it come to adopting latest technologies ports in our region is on par with the other major ports in the world. Ports in the region are equipped with latest technologies, Kumar said.

Despite the global economic meltdown the ports in the South Asian region performed well during last year, he said.

Most of the ports in India did well in 2009 compared to the previous year. The Port of Chennai also showed a 3.5 percent growth.

There is a significant growth in export of cars from Chennai port and nearly 250,000 cars had been handled by Chennai port last year and we are targeting 300000 cars for this year.

The Chennai port is expecting more than 10 percent growth end of this financial year, he said.

The Port of Chennai is on expansion process adding a mega container terminal to the port operations and expects to complete this project within two to three years.

Capacity improvement in the port is vital and the Port of Chennai would achieve this through adding another berth and expanding existing berths, he said.

AS

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