The Hambantota International Port (HIP) has reported a significant 40 percent increase in the handling of RORO (Roll-on/Roll-off) vehicles between the second and third quarters of 2024. The number of units handled rose from 125,526 in the second quarter to 175,583 by the end of September.
This growth is attributed to the addition of new shipping lines and ports to HIP's transshipment network, including Shanghai, Ulsan, Taicang, Pyeongtaek, Dafeng, and Baltimore. The increase in RORO traffic was part of a strategic plan initiated two years ago, prompting HIP to expand its yard space to accommodate higher volumes.
Lance Zuo, General Manager of Commercial and Marketing at Hambantota International Port Group (HIPG), noted a shift in the types of vehicles being transshipped, with a rise in high and heavy vehicles from contracted clients contributing significantly to revenue. He highlighted the port's service excellence and safety record as key factors in attracting new shipping lines.
Wilson Qu, CEO of HIPG, emphasized the port’s commitment to enhancing service value and customer satisfaction, as well as its strategic investments to sustain growth. With a comprehensive master plan in place, HIP aims to further solidify its position in the global maritime industry.