NYK’s Regional Team visits Hambantota International Port
View(s):NYK’s new Regional Managing Director Hiroyuki Noma, stationed in Singapore, made a courtesy visit to Hambantota International Port (HIP) last week.
The delegation also consisted of Keisuke Furukawa, Regional RORO head; Sagara Pieris, Group Management Committee Member; Jeremy Anandappa, Director NYK Lanka (Pvt.) Ltd.; and Dhammika Sampath, Deputy General Manager of Customer Service & Business Development, HIP said in a media release.
The delegation held discussions with Wilson Qu, CEO of Hambantota International Port Group (HIPG) and his Commercial and Marketing as well as Operations teams on the RO-RO operations currently being handled by HIPG. The Hambantota International Port is currently planning on further extending its RORO yard capacity, as well as implementing some key measures to enhance efficiency given the port’s potential for attracting more vessel calls.
The Global RO-RO (Roll-On/Roll-Off) Vessels Market achieved a value of approximately US$24.79 billion in 2022 and this sector is anticipated to experience robust growth, expanding from an estimated $26.08 billion in 2023 to a projected $39.12 billion by the year 2031.
“We plan to sustain the port’s cargo volume growth by maintaining the same levels of 2024 which is a 33 per cent increase compared to the previous year. This is a tremendous achievement for the port, especially considering the compounded annual growth rate of the entire global market which is around 2-3 per cent during the past few years. We attribute our success to several factors such as our strategic location, excellence and experienced handling, with zero tolerance for accidents as well as ample yard space for RORO units awaiting transshipment. Our trained and experienced operational staff are experts in vessel planning and cargo operations, ensuring the smooth discharge of vehicles at destination ports. With expanded infrastructure and expertise, we are wholly geared to meet evolving demands of the global shipping industry,” says Mr. Wilson Qu, CEO of HIPG.
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