Hambantota Port signs historic TSA with K-Line

The Hambantota International Port Group (HIPG) has entered into its very first Terminal Service Agreement (TSA) with K-Line Ltd. (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 its throughput via the Hambantota Port, as the international standard service delivery levels consistently achieved and maintained by HIPG met with its own exacting levels.

A high-powered delegation from K-Line led by KLPL President and CEO Makoto Hashizume arrived at the Hambantota Port recently and was welcomed by HIPG CEO 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 were 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.