Colombo box volume up 33pc at private SAGT container terminal

VOLUMES at a Colombo port private container terminal in which John Keells Holdings has a big stake rose sharply in January, albeit from a low base the year before as trade recovers from recession, reports Asia In Focus via Comtex.

South Asia Gateway Terminals handled 162,890 TEU in January 2010, data released by the firm showed. The container volume was up 33 per cent from the same month the previous year when trade volumes had slumped owing to recession.

It was the terminal's second highest-ever monthly volumes, according to analysts.

(Source: www.schednet.com)