Shipping Woes
Feb 20, 2012 (LBO) - Sri Lanka's Mercantile Shipping Company said it made a net loss of 12 million rupees in the December 2011 quarter compared with a profit …
Feb 20, 2012 (LBO) - Sri Lanka's Mercantile Shipping Company said it made a net loss of 12 million rupees in the December 2011 quarter compared with a profit …
Feb 17, 2012 (LBO) - Sri Lanka's plans to become a logistics hub stand to gain from the shift in Asian manufacturing from China to countries like Vietnam that …
Feb 14, 2012 (LBO) - December 2011 quarter net profit at Sri Lankan auto importer and distributor Diesel and Motor Engineering Company (Dimo) fell 27 percent …
Feb 13, 2012 (LBO) - Sri Lanka's bus fares will be raised by 20 percent and striking buses will return to the streets from Tuesday, Gemunu Wijeratne, head of …
Feb 09, 2012 (LBO) - Shipping lines are coming together and concentrating their power to survive a downturn in trade that is causing losses but a recent …
Feb 07, 2012 (LBO) - Global ship agency and offshore marine service provider GAC has set up a supply base in Galle to support ship-to-ship (STS) services, a …
Feb 02, 2012 (LBO) - Sri Lanka's southern expressway linking the capital Colombo with the south is to be extended to link the eastern port town of Trincomalee, …
Feb 02, 2012 (LBO) - A large number of vehicles breaking down on Sri Lanka's first expressway may require motorists to get roadworthiness certificates to use …
Jan 31, 2012 (LBO) - Sri Lanka Ports Authority plans to install bar code readers at Colombo port to speed up the movement of vehicles moving containers, a …
Jan 27, 2012 (LBO) - The Sri Lanka Ports Authority wants to raise its stake in a new container terminal being built in Colombo and can use funds expected from …
Jan 26, 2012 (LBO) - Sri Lanka's Aitken Spence group said it booked a gain of 630 million rupees by selling a 30 percent stake in a container terminal project …
Jan 26, 2012 (LBO) - The Sri Lanka Ports Authority is to start trials of an electronic cargo payment system at Colombo port in a tie-up with state-owned Bank …
Jan 26, 2012 (LBO) - Sri Lanka will sign an agreement with Italy authorities allowing Sri Lankan certified seafarers to work on Italian flagged vessels, …
Jan 23, 2012 (LBO) - China Merchant Holdings (International), a Hong Kong listed Chinese state firm, is to up its stake in a container terminal venture at Sri …
Jan 19, 2012 (LBO) - Sri Lanka's road development agency has allowed heavy vehicles to use the island's first expressway opened late last year linking the …
Jan 19, 2012 (LBO) - IRCON International Ltd, an Indian company in railway infrastructure, has completed and handed over part of a rail track in southern Sri …
Jan 13, 2012 (LBO) - Sri Lanka's Aiken Spence group has confirmed it was renegotiating a contract to build a deep-water container terminal with a Chinese …
Jan 12, 2011 (LBO) - Sri Lanka's Maxim Holdings (Pvt) Ltd, will build a 700 million rupee warehouse complex with a packing plant for its own use and for lease …
Jan 12, 2012 (LBO) - Sri Lanka will build three elevated highways to ease traffic congestion in the capital Colombo connecting two central locations with …
Jan 11, 2012 (LBO) - Sri Lanka's Aitken Spence, may be forced to pullout from a container terminal project in Colombo after financing from a Chinese bank fell …