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Coscon vessels will come to Colombo

The first vessel of Coscon Shipping, one of the largest shipping lines in China will arrive at Colombo Port in July following an agreement signed with Sri Lanka Ports Authority (SLPA).

Chief Representative in Sri Lanka of China Ocean Shipping (group) Company a subsidiary of Coscon Shipping, Xu Zhi Bin said yesterday at the occasion of signing the agreement that the shipping line decided to come to Colombo port since it is a feeder hub in the region and has very good infrastructure facilities.

"Colombo Port's productivity too has improved and it is also located close to the main sea hub," he said. Chairman SLPA Dileepa Wijesundara said that Coscon Shipping's plan to come to Colombo Port shows the confidence the global leading shipping lines have in the Colombo Port. "This is a major plus point for the Colombo Port," he said.

The Chairman also said that the Port is on an upward trend and they are in sight of achieving their targets. "Last April we recorded a 32 percent increased volume and this was a record," he said. The presence of Coscon Shipping, a fast growing Shipping line would further boost volumes of the Colombo Port, he said.
(DN - 06/06/2005)

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