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In the first half of the year, Colombo Port handled a significant volume of container traffic, reflecting a steady recovery in trade activities following the disruptions caused by the COVID-19 pandemic.
The port’s success in August also reflects broader trends in the global shipping industry, with increased demand for maritime transport as global trade continues to recover.
The IPA, on the other hand, has highlighted the necessity of reforms to enhance the competitiveness of Indian ports in the global maritime industry.
Mundra Port, operated by Adani Ports and Special Economic Zone (APSEZ), has witnessed a remarkable increase in container handling volumes, contributing significantly to its rising market share.