APSEZ doubles Colombo terminal capacity to 3.2 million TEUs
In short
APSEZ has doubled its Colombo terminal capacity to 3.2 million TEUs with a $750 million expansion. The expanded terminal is expected to handle nearly a quarter of the Port of Colombo’s 13 million TEU target by 2028.
This matters for shipping and port traffic in Colombo. The report does not say when the expansion finished or what parts of the project are still pending.
What the reporting says
APSEZ doubled its Colombo terminal capacity to 3.2 million TEUs with a $750 million expansion, according to a publisher-supplied summary. The expanded terminal is expected to handle nearly a quarter of Port of Colombo’s targeted 13 million TEU capacity by 2028. The report does not state the completion date or whether the full target has regulatory or operational approval.
Why it matters
The reported expansion raises APSEZ’s Colombo terminal capacity to 3.2 million TEUs, backed by a $750 million investment. It is expected to serve a large share of the Port of Colombo’s 2028 capacity target, which matters for shipping lines, port operators and regional trade flows. The source does not state the completion timeline or any operational constraints.