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Colombo cashes in on Red Sea rerouting at expense of Saudi majors

Jeddah and King Abdullah continue to bear the brunt of container shipping’s Red Sea

Transhipment traffic may have ground to a halt in the Red Sea, but Sri Lanka’s hub-and-spoke specialist has reaped the rewards of the trunk liner trades’ southern migration. For ships rerouting around the Cape of Good Hope, Colombo is positioned as an unrivalled wayport option for Middle East and Indian subcontinent cargoes

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