Logistics Sector Alerts: $50M Annual Forex Loss at Colombo Port

Sri Lanka's logistics industry has raised concerns about an estimated $50 million in annual foreign exchange leakage stemming from how Colombo Port charges are incorporated into freight billing.

The issue appears to stem from port fee structures that create currency conversion inefficiencies or accounting practices that disadvantage local shippers.

This represents a structural cost problem affecting the competitiveness of Sri Lankan trade and the viability of logistics operations at one of South Asia's key transshipment hubs.