Business, China in Sri Lanka, News

Hambantota Port signs first TSA deal with Japanese transportation giant

13 Sep, 2018

The Hambantota International Port Group (HIPG) has entered into their very first Terminal Service Agreement (TSA) with K-Line PTE Limited (KLPL), one of the world?s largest Ro Ro operators and a member of the global giant in transportation, Kawasaki Kisen Kaisha Ltd of Japan.

The TSA was a result of K Line?s decision to partner HIPG to improve their throughput via the Hambantota port, as the international standard service delivery levels consistently achieved and maintained by HIPG, met with their own exacting levels.

A high powered delegation from K-Line lead by President & CEO of KLPL, Makoto Hashizume arrived at the Hambantota Port recently, and was welcomed by the CEO of HIPG, Ray Ren and COO, Tissa Wickramasinghe.

The reception was followed by the signing ceremony that took place at the administration offices of HIPG.

Leveraging synergies and views on future cooperation were points of discussion between K-Line and HIPG during the signing ceremony.

Key amongst the subjects taken up, was the improvement of future service quality, and ways of improving throughput volumes.

The signing of the TSA is not only a first for HIPG but a milestone for the Sri Lankan industry as this is the first such agreement to be signed with a Ro Ro operator in the country?s history. (Colombo Gazette)

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