Hambantota Port signs Terminal Service Agreement with K-Line | Sunday Observer

Hambantota Port signs Terminal Service Agreement with K-Line

16 September, 2018
CEO of HIPG, Ray Ren and President and CEO of KLPL, Makoto Hashizume in discussion before the signing of the agreement.
CEO of HIPG, Ray Ren and President and CEO of KLPL, Makoto Hashizume in discussion before the signing of the agreement.

The Hambantota International Port Group (HIPG) has entered into its 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 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 and CEO of KLPL, Makoto Hashizume arrived at the Hambantota Port recently to sign the agreement.

They welcomed by the CEO of HIPG, Ray Ren and COO Tissa Wickramasinghe. 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 afuture 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.

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