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Monday, 05 November 2012 - 13:24
Sri Lanka container, bulk cargo handling lower in August
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Ships calling at Sri Lanka's port fell by 38 to 350 in August 2012 from a year earlier and domestic container handling fell sharply as the economy slowed amid a trade contraction, but transshipment volumes were steady.

Data released by the Central Bank showed In August 83,974 containers were handled for domestic activities down 9.8 percent from a year earlier.

In the eight months to August total containers were up 2.6 percent to 697,451 TEUs.

Sri Lanka's economy is expected to grow 6.7 percent in 2012 down from 8.4 percent in 2011, and external trade has contracted with both exports and imports slowing.

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