Capitalizing on the success of Sri Lanka’s the first ever feeder service linking Sri Lanka with India and Myanmar,the Herbilan Group launched their second service yesterday.
The total investment for the project is US$100 million. Herbilan Shipping Chairman, Herbi Silva said that the first service was very successful and it was met with high praise especially from Myanmar.
“This service has also opened a new virgin market for Sri Lankan exporters and we are happy to observe that many are capitalizing on it. At present there is no dedicated feeder in operation on this route.”
Sri Lanka was also losing considerable amount of transshipment cargo destined to the Middle East Europe, Africa,the US East Coast and Europe due to non availability of dedicated feeder connecting Yangon and Colombo. We have come forward to fill this void as well.”
“We are going to help the Colombo Port to increase the transshipment cargo volumes,” De Silva said.
He said that they will also look at increasing the service.