Sri Lanka’s Hambantota Port Eyes Growth as Suez Recovers
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4 Articles
Sri Lanka’s Hambantota port eyes growth as Suez recovers
ECONOMYNEXT – Sri Lanka’s Hambantota International Port Group (HIPG) said it expects the return of container shipping through the Red Sea and Suez Canal to create growth opportunities. The recovery of the main East-West shipping corridor could strengthen Hambantota’s position as a regional transshipment and maritime services hub, the port operator said, after using the disruption in the Red Sea to establish its container business. “The Red Sea d…
Hambantota Port Eyes Growth as Red Sea–Suez Shipping Recovery Approaches - India Seatrade News
Hambantota International Port Group (HIPG) is anticipating fresh growth opportunities from a sustained return of container shipping to the Red Sea and Suez Canal route, as it prepares to increase annual container handling capacity to 2 million TEUs in the first quarter of 2027. The outlook follows maritime consultancy Linerlytica’s October 2026 forecast of a full-scale return of container shipping to the Suez route by Q1 2027. Although some serv…
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