DFC Commits Half Billion Dollars to Port Infrastructure in Colombo, Sri Lanka
The U.S. International Development Finance Corporation (DFC) today announced it has committed more than half a billion dollars to support the development of a …
Shipping and Transport
HIP breaks record in RORO Transshipment: Half a Million units handled
The Hambantota International Port (HIP) clocked half a million transshipment units for this year in September 2023, surpassing the port’s previous year’s …
HIP supplies over 80-pct marine bunkers to Sri Lankan market
The Hambantota International Port Group (HIPG) has benchmarked a 500,000 ton volume in their bunkering business during the first eight months of 2023. The …
David Cameron to address Port City Colombo UAE Roadshow unveiling Opportunities & Incentives
Port City Colombo is set to launch a Roadshow in the UAE showcasing investment opportunities and incentives for global investors. This significant event marks …
Two new boats added to HIP’s Marine Services fleet
The Hambantota International Port (HIP), in a bid to expand its marine services, has deployed 2 additional boats to their existing fleet that’s available for …
HIP ‘Sea Fair’ to showcase Hambantota Entrepreneurs
The Hambantota International Port (HIP) has joined hands with the Ministry of Youth Affairs’, Small Enterprises Development Division to bring about …
Colombo Port City received approval for businesses of strategic importance
The Colombo Port City Economic Commission has achieved a significant milestone in its journey, to transform the Colombo Port City into a globally competitive …
Import Controls in Sri Lanka: Political Preference and Incentive Distortions
Battling an unprecedented economic crisis that overlapped the COVID-19 pandemic, Sri Lanka resorted to strict import controls since early 2020. These …
Implement Reforms That Align With Evolving Industrial Practices: Shipping & Logistics Veteran
Renowned shipping and logistics veteran Rohan Masakorala highlighted the need to implement reforms that align with evolving industrial practices, at a recent …
CEAT Kelani debuts new locally-made Truck Bus Radial for transport sector
A new high-performance premium commercial vehicle tyre has begun rolling off the production line at CEAT Kelani Holdings, Sri Lanka’s largest manufacturer of …
CMTA raises concerns about disparities in import regulations and policies
The Ceylon Motor Traders Association (CMTA), one of the longest standing automotive associations in South Asia, has recently raised concerns regarding the …
Opinion: China Helps Sri Lanka’s Aspiration to Become a Major Logistics Hub in The Region
By Maya Majueran Sri Lanka is an island nation situated in a strategically important location in the Indian Ocean Region at the center of maritime trade routes …
Prabath Malavige Elevates to Managing Director at Sri Lanka Ports Authority
Senior Port Management and Logistics Professional Prabath J. Malavige has been promoted to the position of Managing Director at the Sri Lanka Ports Authority. …
Over Two Thousand tourists on Cruise Liner at HIP
Two thousand two hundred passengers arrived at the Hambantota International Port (HIP) yesterday, on board cruise liner, Mein Schiff 5. The vessel is on a 60 …
Hambantota International Port launches Duty Free Complex
The Hambantota International Port (HIP) launched its Duty Free Complex with the opening of 2 duty free shops within the port’s premises. The complex is …
Two Cruise Ships at Hambantota International Port
Two cruise ships, MS Europa 2 and MS Azamara Quest visited Hambantota International Port (HIP) on Tuesday (9th). More than 900 passengers disembarked to visit …
Sri Lanka to start converting three-wheelers from petrol to EVs enhancing e-Mobility
Sri Lanka, like many other global nations, is working towards adopting greener and cleaner approaches for a more sustainable and resilient future. With the …
China Merchants Group investment in Sri Lanka reaches USD 2 Billion
The Chairman of the China Merchants Group (CMG), China’s largest diversified conglomerate, who was on a visit to Sri Lanka says the Group’s latest …
China Merchants Group Chairman in SL; assures further investments into CICT & Hambantota Intl Port
The highest ranking official from the China Merchants Group (CMG) visited the Hambantota International Port on an inspection tour of the facility last week. …
Sri Lanka to build South Asia’s largest logistics complex in Port of Colombo
Sri Lanka’s aspiration to become a major logistics hub in the region took a giant leap forward today with the launch of a project to build the largest …