An settlement was signed between Siam Metropolis Cement (Lanka) Restricted (INSEE Cement) and Hambantota Worldwide Port Group (HIPG) for the development of the biggest warehouse facility in Sri Lanka for dry bulk cargo inside a port.
The warehouse which is able to retailer uncooked supplies used within the manufacturing of cement, can have a capability of 45,000m3. Will probably be constructed on an space of 17,300m2, within the Hambantota Port Industrial Park. The warehouse will allow INSEE to enhance the effectivity of cargo discharging operations and additional improve their vessel turnaround time which is able to save foreign exchange for the corporate in addition to the nation.
“The warehouse undertaking will tremendously contribute to extend the availability chain effectivity. It’s an funding that may speed up operational effectiveness. INSEE is the primary bulk cargo buyer of the port because the port’s inception and the biggest quantity contributor.
It’s a win-win collaboration between INSEE and HIP,” says Yasas Kasthuriarachchi, Basic Supervisor Provide Chain of INSEE Cement.
INSEE who has labored with HIP since 2018 was the port’s first buyer for dry bulk cargo, enabling the port to deal with a quantity of over 1 million metric tonnes for them final yr. “INSEE Cement, has partnered with HIP to extend their volumes due to the high-quality service we offer. Our companies have helped to streamline their native provide chain,” says Johnson Liu, CEO, HIPG.
“As a result of deep draft of the port, INSEE is ready to deal with greater cargo parcels enabling the economies of scale benefit. The skilled HIP group with environment friendly cargo operations offers INSEE with a service that’s on par with any top-level port on the planet. We now have helped them obtain increased productiveness which is the important thing for any port person,” says Tissa Wickramasinghe, COO, HIPG.
Supply: Hambantota Worldwide Port Group (HIPG)