Sri Lanka's Port of Colombo was the world's second-fastest growing port in Q1, handling 1.7 million TEUs, according to Alphaliner Monthly. Colombo Port's transshipment volumes grew 20.9 percent to 1.32 million TEUs, with March volumes up 19.4 percent to 477,043 TEUs. The 16.2% YoY increase trailed Singapore's 16.5% growth. In terms of total volume, India's ports handled 1.04 billion TEUs during Q1 2017, up from 0.97 billion a year earlier.
Sri Lanka's Port of Colombo was the world's second-fastest growing port in Q1, handling 1.7 million TEUs, according to Alphaliner Monthly. The 16.2% YoY increase trailed Singapore's 16.5% growth. In terms of total volume, India's ports handled 1.04 billion TEUs during Q1 2017, up from 0.97 billion a year earlier.