Punished
WASHINGTON, August 2, 2013 (AFP) – Three convicted Somali pirates escaped the death penalty Friday when a US jury sentenced them to life in prison for …
Shipping and Transport
Even Road
Aug 01, 2013 (LBO) – Sri Lanka has cleared a tax anomaly which can make single cab trucks, especially some Indian brands, cheaper, Deputy Treasury …
Expansion Plan
July 31, 2013 (LBO) – State-run Sri Lanka Ports Authority (SLPA) expects to invest in foreign ports and look for opportunities in terminal management, a …
Personal Travel
July 28, 2013 (LBO) – Scooters are becoming more popular in Sri Lanka making up about a third of all two-wheelers sold in the country now, the agents for …
Risky Journey
CIANJUR, July 25, 2013 (AFP) – The confirmed death toll from the sinking of a boatload of Australia-bound asylum-seekers rose to 11 Thursday, as rescuers …
Refugee Disaster
CIDAUN, July 24, 2013 (AFP) – More than 100 asylum seekers who were feared dead have been rescued after their boat sank off the coast of …
Grim Tale
NAIROBI, July 22, 2013 (AFP) – On Somalia’s pirate coast, more than 50 sailors are being held for ransom in grim conditions, many abandoned by …
Port Road
July 18, 2013 (LBO) – A 260 million dollar circular highway around Sri Lanka’s Northeastern port city of Trincomalee will be built by a Chinese …
Fleet Expansion
July 17, 2013 (LBO) – Sri Lanka’s Tokyo Cement group said it planned to buy two more vessels in the next three years, as the firm expanded. …
Higher Gear
July 16, 2013 (LBO) – Sri Lanka’s re-conditioned or imported used automobile registrations hit a 19 month high in June 2012 with Japanese made …
Piracy
MOGADISHU, July 13, 2013 (AFP) – At least three, and perhaps all, of the 15-man crew of a merchant vessel that sank last week while being held by Somali …
Express Deal
July 12, 2013 (LBO) – A top Chinese toll road company has landed deal to build and run a 1.5 billion US dollar expressway from the capital to central Sri …
Tank Test
July 03, 2013 (LBO) – Sri Lanka’s state-run ports agency said it had begun testing a bunkering tank farm in at its newly built Hambantota port with …
Cargo Service
July 01, 2013 (LBO) – Sri Lanka’s Hemas group, which has interests in consumer goods, leisure power and logistics said it has started building a …
Transit Loss
June 12, 2013 (LBO) – Sri Lanka’s vehicle importers have been badly hit by a sharp increase in theft of parts in vehicles imported via Hambantota …
Moving Foreward
June 08, 2013 (LBO) – Sri Lanka’s Kia automobile distributor which launched the 2013 Sorento sport utility model in Colombo is banking on tax …
Berth Building
May 06, 2013 (LBO) – State-run Sri Lanka Ports Authority has contracted Hyundai Engineering to build a 36 billion rupee berth in an expansion project of …
Saudi Connection
June 6, 2013 (LBO) – Sri Lanka Ports Authority inked a deal for a 44 million US dollar yatch and shipbuilding facility, Thursday with Saudi Arabia based …
Port Call
June 04, 2013 (LBO) – Sri Lanka’s Hambantota Port has drawn about a billion US dollars in investments in a second call for investors, the state …
Fire Fight
June 3, 2013 (LBO) – A fire at a general cargo warehouse at Sri Lanka’s Colombo Port which resulted in about 600 million rupees of damage appeared …