Category: Shipping and Transport
‘s Register
The Hambantota International Port (HIP) has received FSS certification (Fitness for Service) for their tank farm facility. The certification was issued by Lloyd’s Register (LR), the World’s leading provider of classification, compliance and consultancy services to marine and offshore industries. This is a landmark achievement that will further strengthen the HIP brand in the maritime […]
CICT celebrates 10th anniversary, projects record 3.1 million teus in 2021
Colombo International Container Terminals (CICT) is ending 2021 on a high note, celebrating its milestone 10th anniversary in Sri Lanka on 22nd December and reaching the milestone of 3 million teus within a year for the first time. The company said its throughput for the full year is expected to reach approximately 3.1 million teus […]
‘s first Bonded Warehouse Project
Prime Minister Mahinda Rajapaksa was on a multi-faceted inspection tour of the Hambantota International Port (HIP) to appraise the ongoing development projects at the port. The Prime Minister was accompanied by H.E. Qi Zhenhong, Ambassador of China to Sri Lanka. The PM’s visit also coincided with the port achieving the milestone of 500,000 RORO vehicles […]
Industrial Development Board establishes Smart Facilitation Centre at Hambantota Intl. Port
The Hambantota International Port Group (HIPG) entered into a sublease agreement with the Industrial Development Board (IDB), to establish a smart Facilitation Centre at the Hambantota Maritime Center (HMC). The new center will smoothen the path for foreign investors focused on establishing projects in the Southern Province. The agreement was signed by Johnson Liu, CEO, […]
Aitken Spence Logistics Expands its Reefer & GP Container Fleet
Aitken Spence Logistics, the pioneer in integrated logistics, strengthened its mobile storage solutions operations by acquiring the reefer and GP (General Purpose) container fleet of a competitor business. Aitken Spence Logistics introduced the concept of mobile cold storage solutions using reefer containers on rent, with 24-hour backup maintenance which has been widely accepted by the […]
MY Kalizma – First Superyacht to berth at Port City Colombo Marina
The Port City Colombo Marina welcomed the MY Kalizma – The Classic Superyacht, once owned by Hollywood screen idols Elizabeth Taylor and Richard Burton. The first Superyacht to sail into the Port City Colombo Marina, established Colombo as a calling port in the Indian Ocean with facilities for berthing luxury Superyachts. Pierre Pringiers, Chairman of […]
Hambantota Port first Sri Lankan Port to receive ISO Integrated Management System Standards
Hambantota International Port (HIP) was the recipient of ISO Integrated Management System standards for its quality, environmental consciousness and health and safety. The ISO Integrated Management system will enhance performance driving everyone from bottom to top levels for better quality, environmental consciousness and health and safety standards and practice. HIP is the first Sri Lankan […]
HIPG signs MoU with BOI; joint shared services for industries in Southern Province
Hambantota International Port Group (HIPG) and the Board of Investment of Sri Lanka (BOI) signed a cooperative “Shared User Services” Memorandum of Understanding (MoU) on the 26th of October 2021. Johnson Liu, Chief Representative of China Merchants Port Holdings in Sri Lanka and CEO of HIPG, and Sanjaya Mohottala, Chairman of BOI, signed the Strategic […]
PwC evaluates potential economic impact of Port City Colombo
PwC, on Tuesday, presented their latest assessment of the Port City’s economic impact to the Economic Commission. The assessment evaluates the potential impact of the Port City Colombo across five key macroeconomic variables: Employment, Gross Domestic Product, Foreign Direct Investment, Balance of Payments, and Government Revenue. Having initiated the original report in early 2020, the […]
HIP reaffirms gateway status with first shipment for local manufacturer
The Hambantota International Port (HIP) recently facilitated the shipment of locally manufactured trailers, marking the beginning of its services to the local industry as a gateway port. “The master plan of the Hambantota International Port clearly spells out supporting the development of Sri Lankan industries servicing overseas markets.This shipment for Dutch Lanka Trailers emphasizes HIP’s […]
“JKH Group Q2 EBITDA records growth of 93-Pct; significant turnaround in Leisure sector business
Summarised below are the key operational and financial highlights of our performance during the quarter under review: • Group EBITDA recorded a significant improvement to Rs.6.41 billion during the quarter under review, which is a 93 per cent increase against the comparative period [2020/21 Q2: Rs.3.32 billion]. • The Group’s businesses, except for Consumer Foods […]
Expolanka achieves record 1st half FY 2021/22 performance
Announcing its financial results for the 2nd quarter of the financial year, Expolanka Holdings PLC once again reported exceptional results driven by the continued growth of its Logistics business. For the quarter ended 30 September 2021 (Q221), Expolanka recorded a Profit After Tax of Rs 12 Bn, at a 166% increase Year on Year (YoY). […]