Category: Shipping and Transport
Colombo Chamber wants pre-shipment collateral-free loans to boost exports
May 17, 2020 (LBO) – Colombo Chamber of Commerce appeals to the President for intervention to instruct banks to support the SME and MSME exporters with pre-shipment collateral-free loans up to 75% of the value of export order with a maximum cap of Rs 5 million based on actual export orders and firm contracts. Addressing […]
New procedure for MCC & LCL delivery of cargo to ease delays
May 05, 2020 (LBO) – Sri Lanka Ports Authority (SLPA) is to introduce a new procedure for MCC and LCL delivery of cargo to curb any delays that may occur in their operations during Covid – 19 period. The new arrangements will be enacted with effect from 05 May 2020 through the Logistics Division of […]
Sri Lanka Ports Authority urges importers to clear vehicles
Apr 30, 2020 (LBO) – Sri Lanka Ports Authority (SLPA) reiterates that the prevailing Covid-19 restrictions are no obstacle to clear the vehicles at the Colombo Port. About 400 vehicles have already been parked at the East Container Terminal (ECT) of the Port of Colombo whilst a considerable number has been parked at the Unity […]
Clearing of vehicles from Hambantota port slow
Apr 28, 2020 (LBO) – The clearance of cars at the Hambantota Port is slow, and the port is concerned that they would not meet the April 30th deadline for clearing imported vehicles. “No vehicles were cleared over the weekend, and the number cleared on Monday was 203 while port dues have been paid for […]
Concessionary period for port occupational charges extended up to 07 May
Apr 28, 2020 (LBO) – The Ministry of Ports and Shipping has informed Sri Lanka Ports Authority (SLPA), SAGT and CICT on 27 April 2020 to extend the concessionary period for occupational charges in the Port of Colombo and all commercial ports in Sri Lanka, up to 07 May 2020. Due to the prevailing Covid-19 […]
Hambantota Port urges importers to clear vehicles without delay
Apr 25, 2020 (LBO) – Hambantota International Port (HIP) is ready to move over five thousand vehicles out of the port in the next few days, following a directive by the government that the port should remain clear for essential services. Full statement HIP had previously informed all stakeholders, in their letter, that demurrage costs […]
Sri Lanka missions abroad seek to re-position exports to meet new market conditions
Foreign Secretary Ravinatha Aryasinha has observed that even as the Foreign Ministry was preoccupied with endeavouring to mitigate a multitude of problems faced by Overseas Sri Lankans, it was in parallel also seeking to re-position Sri Lanka’s exports in the context of market conditions that have arisen as a result of the COVID-19 crisis. He […]
VIDEO: Discussion on impact of COVID-19 on Sri Lankan export industry
The Advocata Institute hosted an online discussion featuring Ashroff Omar (CEO, Brandix), Dilhan Fernando (CEO, Dilmah Tea), Romesh David (CEO, SAGT) and Prabhash Subasinghe (Chairman, Sri Lanka Export Development Board), moderated by Murtaza Jafferjee (CEO, JB Securities). The discussion covered the current challenges faced by Sri Lankan businesses and route to recovery, with a special […]
How to manage public transport in post-COVID: Recommendations by CCC
Apr 17, 2020 (LBO) – The Ceylon Chamber of Commerce has formulated and submitted a proposal to the government on how to manage passenger transport safely as the government considers exit strategies from the current curfew status. The working paper was formulated by the Sub Committee on Passenger Transport of the National Agenda Committee (NAC) […]
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 […]