<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">Global shipping giant <b>Maersk</b> has initiated

high-level discussions with the <b>Sri Lanka Ports Authority (SLPA)</b> aimed

at significantly enhancing the operational efficiency of the Port of Colombo.

This strategic engagement focuses on streamlining terminal productivity to

reinforce Colombo’s position as a premier transshipment hub in South Asia.<o:p></o:p></span></p>

<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">Strategic Objectives &amp; Operational

Focus<o:p></o:p></span></b></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Throughput

Optimization</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: The primary goal is to increase the

speed of container handling and reduce vessel turnaround times, ensuring

Maersk’s high-capacity vessels are serviced with maximum efficiency.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Digital

Integration</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: Discussions include the

implementation of advanced terminal operating systems and real-time data

sharing to improve berthing windows and yard management.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Infrastructure

Synergy</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: Maersk and SLPA are evaluating ways

to better integrate current infrastructure with upcoming terminal

expansions to handle the next generation of Ultra Large Container Vessels

(ULCVs).<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Sustainability

Goals</span></b><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">: Both parties explored "green port"

initiatives, looking at how improved productivity can lead to lower

emissions per TEU handled within the terminal.<o:p></o:p></span></li>

</ul>

<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">Regional Impact &amp; Competitive Edge<o:p></o:p></span></b></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Strengthening

the Hub</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: As competition among regional ports

intensifies, this partnership is vital for Colombo to maintain its lead as

the primary gateway for Indian Subcontinent cargo.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Supply

Chain Reliability</span></b><span style="font-size:14.0pt;line-height:

115%;font-family:&quot;Times New Roman&quot;,serif">: By improving terminal

productivity, Maersk aims to offer more reliable schedules for its

customers, particularly for cargo moving between Asia, Europe, and Africa.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Mutual

Growth</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: The collaboration underscores

Maersk's long-term commitment to the Sri Lankan maritime ecosystem and

SLPA’s openness to private-sector expertise to drive public infrastructure

performance.<o:p></o:p></span></li>

</ul>