The Port of Colombo has reported a record net profit of Rs. 32.2 billion for the first eight months of 2025, marking a 71% increase from Rs. 18.9 billion during the same period in 2024. This surge surpasses the projected Rs. 21 billion target by Rs. 11 billion, underscoring the port’s robust performance amid ongoing infrastructure developments and enhanced operational efficiencies.
According to the Sri Lanka Ports Authority (SLPA), the profit growth is attributed to several key factors, including a 5.7% year-on-year increase in container throughput, improved cost management, and the completion of major infrastructure projects such as the East Container Terminal (ECT) and the Jaya Container Terminal.
These developments have significantly boosted the port’s capacity and operational capabilities.The ECT, with an annual capacity of 2.4 million TEUs, is now operational, contributing to the port’s enhanced efficiency. Phase two of the ECT is expected to commence operations by the end of the year, further augmenting capacity.
Additionally, the fifth phase of the Jaya Container Terminal is on schedule for completion within 2025, which will further increase capacity.
In terms of container traffic, the port handled 5.43 million TEUs from January to August 2025, up from 5.14 million TEUs during the same period in 2024. Transshipment volumes rose by 3.8% to 4.35 million TEUs, while domestic container movements saw a significant jump of 13.7% to 858,324 TEUs.
Looking ahead, the SLPA plans to utilize the profits to implement strategic initiatives aimed at positioning the Colombo Port as a leading regional transshipment hub. These initiatives include further expansion of terminal facilities, adoption of advanced technologies, and enhancement of logistics connectivity to meet the growing demand in global trade.
The SLPA’s proactive approach in infrastructure development and operational optimization has not only bolstered the port’s financial performance but also reinforced its strategic importance in the global maritime industry. As the port continues to expand and modernize, it is poised to play a pivotal role in enhancing Sri Lanka’s position as a key player in regional and international trade.
