Category: Shipping and Transport
First bunkering ship discharges low sulphur fuel at Hambantota Intl. Port
Apr 08, 2020 (LBO) – Bunkering vessel Mt. Melody docked at the Hambantota International Port (HIP) last week to discharge approximately 25,000 MT of oil into the port’s newly furbished tanks. With the first shipment of Very Low Sulphur Fuel Oil (VLSFO) 380 CST in their tanks, HIP will soon begin bunkering for ships that […]
We have underutilised capacity that can be deployed at any time: PickMe CEO
Apr 02, 2020 (LBO) – With a fleet of 40,000 vehicles ready to be utilized for the delivery of essentials to Sri Lanka, PickMe says they have under utilized capacity that can be deployed at any time at short notice. “Currently, we have the full strength of cars, three-wheelers, and motorcycles spread across the country […]
Ships at Sri Lankan Ports exempted from demurrage & entry charges
Mar 27, 2020 (LBO) – President Gotabaya Rajapaksa has instructed the Sri Lanka Ports Authority (SLPA) to immediately provide necessary facilities to ships calling at Ports in the country during the curfew period. Accordingly, the Chairman of SLPA General Daya Rathnayake said all ships have been exempted from demurrage and entry charges. The President had […]
Women in the workforce and why it matters for Sri Lanka: World Bank
To mark this year’s International Women’s day, we’re discussing how Sri Lanka can benefit from more women joining the workforce and what can be done to improve their job prospects and remain at work. World Bank Country Director for Maldives, Nepal and Sri Lanka Dr. Idah Pswarayi-Riddihough was featured in a “Spotlight Series” interview with […]
COVID-19 outbreak likely to affect Sri Lanka’s economic performance : Central Bank
Mar 05, 2020 (LBO) – The exact impact on the Sri Lankan Economy would depend on the extent of the global spread of the COVID-19 outbreak, its persistence and policy responses of major economies and trading partners, the Central Bank said. “Sri Lanka’s economic links with China could be directly affected as significant volumes of […]
‘s oil spill combat expertise
An expert team of five Japan Coast Guard (JCG) officials including two National Strike Team members specialized for combatting oil spill incidents and two Mobile Cooperation Team members specialized for the capacity development in Japan was dispatched to Sri Lanka for the period from 18 February to 27 February to conduct technical transfers to Sri […]
Uber announces new safety features for Sri Lanka
Feb 28, 2020 (LBO) – Uber announced the introduction of several new safety features such as an Uber Safety Helpline, RideCheck – a feature that detects trip irregularities – and Pin Verification to keep its community of riders and drivers safer. The new features, which will be available in a few weeks, underscore Uber’s continued […]
SLTB deploys 16 luxury buses to operate Hambantota – Colombo expressway
Feb 25, 2020 (LBO) – Sri Lanka Transport Board (SLTB) has deployed 16 luxury buses to operate along the Hambantota – Colombo expressway. The deployment of buses took place this morning at the Hambantota bus stand with the participation of the Transport Minister Mahinda Amaraweera. These buses are to be operated on the expressway from […]
SLPA signs consultancy deal to conduct feasibility for Colombo North Port
Feb 24, 2020 (LBO) – Sri Lanka Ports Authority (SLPA) has signed the consultancy service agreement to conduct a feasibility study for the proposed Colombo North Port development project. SLPA said in a statement that they have signed the agreement with AECOM Infrastructure & Environment UK Limited on 20 February 2020. SLPA needs a long […]
Safer roads to add over USD1 Tn to South Asian economies
South Asia’s eastern subregion, comprising Bangladesh, Bhutan, India, and Nepal, needs to invest an estimated extra $118 billion in road safety over the next decade to halve its road crash fatalities, says a new World Bank report, noting that this will bring $1.2 trillion in economic benefits annually, equivalent to 3.75 percent of regional GDP. […]
Railway e-Ticketing service for pensioners goes online
Feb 19, 2020 (LBO) – Sri Lanka Railway Department on Wednesday launched an online booking system to facilitate the reservation of railway seats for pensioners with railway warrants. In the past, the department has been doing this on the recommendation of the Grama Niladhari of the area and the approval of the Divisional Secretary. Due […]
Sri Lanka vehicle registrations rebounds in Jan 2020
Feb 18, 2020 (LBO) – Sri Lanka’s total car registrations recorded 2,536 units in January up from 2,057 units in Dec but down from 3,147 units 12 months ago, a new report shows. “The recent policy interventions both in terms of fiscal policy (taxation) or capital moratoriums did not target vehicle registrations,” research firm JB […]