Sri Lanka reduces transhipment tariffs by 9.5% after India removes cabotage restrictions

The Hindu Business Line. 2 August. 7 minute read.
After India lifted cabotage restrictions on foreign ships, allowing them to operate on local routes, Colombo has upped the ante by reducing its transhipment rates by 9.5 per cent. Colombo is one of the major container transhipment hubs in the region along with Jebel Ali, Singapore, and Port Klang and a large part – 45 per cent – of its transhipment volume comprises India-bound or originating containers.
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By | 2018-08-11T03:59:45+00:00 August 10th, 2018|Global Trade|Comments Off on Sri Lanka reduces transhipment tariffs by 9.5% after India removes cabotage restrictions