Category: Shipping and Transport
Troubled Transportation: Lessons for Colombo from Manila, Bangkok and Hong Kong
One of the most critical implications of Sri Lanka’s current economic crisis is the hard hit on the transport sector. The foreign exchange shortage has made importing fuel a major challenge, severely affecting road transportation and further impeding the performance of an already crippled economy. This Policy Insight gives context to the ongoing transportation issues […]
Towards a Developed Urban Transportation System: Lessons for Sri Lanka
A new publication from the Institute of Policy Studies of Sri Lanka (IPS) calls for a legally binding master plan for public transportation in Sri Lanka, whereby urban transport will become a fully integrated system instead of a collection of projects. The study notes that despite a broad planning context, the progress made in public […]
Newly arrived cranes at HIP to be used for raw material discharge for Lanwa Cement Factory
Two brand new Chinese manufactured cranes will be fitted at berth number 6 of Hambantota International Port (HIP). The shore cranes, shipped by barge from the Port of Zhenjiang in China to HIP, came fully assembled, and took nearly 6 weeks to complete their journey. The cranes built to fit HIP regulations are customised to […]
Hambantota Port achieves Record numbers for transshipment
Hambantota International Port (HIP) recently handled the largest RORO shipment of 2022 to date. M.V. Glovis Champion carrying 8,147 vehicles and 18 HH (High and Heavy) vehicles, called at the port last week and the port completed the operation within 28 hours. The high efficiency and productivity was achieved as a result of HIP’s skilled […]
Colombo Port ranked most efficient in South Asia and Indian sub-continent : World Bank and S&P
No. 1 in South Asia/Indian Sub-Continent No. 3 among ports in the Indian Ocean Rim No. 22 among 370 ports Globally The Port of Colombo has been ranked as the most efficient port in South Asia and the Indian Sub-Continent, 3rd in the Indian Ocean rim and 22nd among 370 ports globally, in the second […]
Now Uber Eats Delivery through push cycles in Sri Lanka
Uber Eats in Sri Lanka has reiterated its commitment to the market by dialing up support to Courier partners on its platform during the current challenging times. To soften the impact of the ongoing economic crisis, the company has announced initiatives that will help create new earning opportunities and provide a cushion to courier partners. […]
Serious concerns of current crisis as outlined by Sri Lanka Shippers’ Council
The Sri Lanka Shippers’ Council expresses its grave concern at the violence unleashed on peaceful protestors in Colombo on 9th May 2022. While recognizing the right for peaceful protest, we condemn all forms of violence which took place on 9th May 2022 and reiterate that it should be dealt with by the law of the […]
Chinese steel giant Baowu to conduct feasibility study on making investment in Hambanthota
Ambassador of Sri Lanka to China, Dr.Palitha Kohona visited the Baowu Steel conglomerate offices in Ma’anshan, Anhui and met with senior management to discuss investment potential in Sri Lanka. Baowu Steel will prepare a feasibility study on making a substantial investment in Hambanthota, Sri Lanka. China Baowu Steel Group Corp., Ltd., commonly known as Baowu, […]
Hambantota Port Declares 2022 the ‘Year of Construction’
The Hambantota International Port (HIP) has declared 2022 as a ‘Year of Construction’, with several ongoing projects reaching different stages of building their respective plants in the Port’s Industrial park. HIP is fully concentrated on getting the projects off the ground so that the first phase of the park would be up and running by […]
Hambantota Port to begin MGO fuel bunkering operations; first supply vessel calls at port
Oil tanker ‘Sunny Bay’ carrying 15,000 metric tons of Marine Gas Oil (MGO), called at the Hambantota International Port (HIP) on the 23rd January. The vessel was the first to discharge MGO for storage at the port’s tank farm. HIP, with its global partner Sinopec, launched bunkering operations for VLSFO last year. Now, with the […]
CEAT tyres chosen as original equipment for Lanka Ashok Leyland commercial vehicles
CEAT Kelani Holdings has moved into the new year with the added impetus of its appointment as an Original Equipment Manufacturer (OEM) for a range of heavy-duty trucks, tippers and light commercial vehicles assembled in Sri Lanka by Lanka Ashok Leyland PLC (LAL), a joint venture company of Ashok Leyland India. Under this OEM agreement, […]
Second phase constructions of Eastern Container Terminal at Colombo Port commenced
The construction work of the second phase of Eastern Container Terminal at the Colombo Port commenced this morning (12) under the patronage of the President and Prime Minister.Construction works of the terminal, which will be conducted in three phases, are scheduled to be completed in 2024.The Terminal which is spread over an area of 75 […]