en.Wedoany.com Report on Mar 31st, The Hambantota International Port Group (HIPG) of Sri Lanka announced that it will invest $108 million to purchase new container handling equipment, aiming to enhance the port's throughput capacity and consolidate its position as a regional logistics hub.

According to the agreement, HIPG will procure six quay cranes, 16 rubber-tired gantry cranes, and 40 trailers from Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) as part of the second phase of terminal development. This equipment will help Hambantota Port handle ultra-large container vessels, optimize yard operations, and advance electrification to reduce carbon emissions.

Once the equipment becomes operational, it will activate a 1,300-meter-long berth, increasing the port's total capacity to approximately 2 million twenty-foot equivalent units (TEUs) and enabling the simultaneous handling of multiple large vessels. Located near major East-West shipping routes, Hambantota Port's strategic position is becoming increasingly prominent as global shipping patterns adjust. This investment supports Sri Lanka's goal of becoming a regional maritime and logistics center.

In 2025, Hambantota Port demonstrated strong growth momentum, with significant increases in cargo volume, roll-on/roll-off units, and container throughput. This expansion plan is expected to further improve port efficiency and attract more international shipping business.

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