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

&quot;Times New Roman&quot;,serif">The <b>Sri Lanka Ports Authority (SLPA)</b> has

released its definitive operational scorecard for the first four months of

2026, revealing a robust expansion in container volumes. Driven by a major

realignment of global trade routes, the deep-water Indian Ocean hub is

preparing a multi-million-dollar infrastructure expansion to lock in its

long-term competitive advantage.<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">Record Handling Volumes &amp;

Transshipment Dominance<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">The

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

font-family:&quot;Times New Roman&quot;,serif">: Cumulative container throughput at

the Port of Colombo from January to April 2026 reached <b>2.91 million

TEUs</b>, marking a sharp <b>13.9% increase</b> compared to the 2.56

million TEUs handled over the same period in 2025.<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">The

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

font-family:&quot;Times New Roman&quot;,serif">: Single-month operational data for

April 2026 reached <b>761,096 TEUs</b>, translating to a massive <b>22%

year-on-year surge</b> over April 2025 volumes.<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">Transshipment

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

font-family:&quot;Times New Roman&quot;,serif">: Reflecting its geographic position

along the primary East-West maritime shipping lane, the SLPA confirmed

that <b>transshipment cargo continues to account for over 80%</b> of

Colombo's total container operations.<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">Strategic Countermove: Launching WCT Phase

II<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">Capacity

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

font-family:&quot;Times New Roman&quot;,serif">: To stay ahead of aggressive

regional port developments on the Indian mainland, the SLPA announced it

will formally invite <b>Expressions of Interest (EOI) before the end of

2026</b> for the second phase development of the <b>West Container

Terminal (WCT)</b>.<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">The

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

font-family:&quot;Times New Roman&quot;,serif">: The Phase II expansion is

engineered to inject <b>over 3 million TEUs</b> of brand-new annual

handling capacity into the port network.<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">Productivity

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

&quot;Times New Roman&quot;,serif">: The infrastructure roadmap follows a newly

formalized operational partnership between the SLPA and <b>A.P.

Moller–Maersk</b> aimed at introducing automated cargo handling systems,

cutting vessel turnaround times, and buffering the hub against potential

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

</ul>