Category: Shipping and Transport
Digital Mobility Solutions Lanka (PickMe) Announces IPO
Digital Mobility Solutions Lanka Limited, the innovator behind Sri Lanka’s leading mobility solutions app PickMe, announces its forthcoming Initial Public Offering (IPO) on the Colombo Stock Exchange (CSE). The IPO will feature an offer for sale of 43,474,179 existing ordinary voting shares at a price of LKR 36.00 per share, opening on September 13, 2024. […]
Advanced port technology & automation to make Colombo Port more efficient: SLPA Chairman
“Adopting advanced port technology and automation are some of the latest solutions planned by the Port of Colombo to increase productivity and efficiency in global port operations,” said Mr. Keith D. Bernard, Chairman of the Sri Lanka Ports Authority (SLPA). “Despite facing challenges like congestion, limited space, and equipment shortages, the Port of Colombo remains […]
Port City Colombo attracts 100+ companies as authorised persons
Port City Colombo has achieved a significant milestone, on-boarding 100+ companies as Authorised Persons (AP’s), as of August 24th, 2024. These companies represent a diverse range of sectors identified to the Colombo Port City Special Economic Zone, including IT, Finance, Professional Services, Shipping, Logistics, Tourism, Healthcare, Real Estate Development, and Global Capability Centres. Among these […]
‘s economy
In the high-stakes world of trade and logistics, corruption at Sri Lanka’s customs, IRD, ports, and airports is not just an inconvenience—it’s a crisis that’s crippling the nation’s export sector. Outdated, manual systems have become breeding grounds for corruption, where bribery and inefficiency rule, bleeding exporters dry and stifling economic growth. The country stands at […]
Hambantota International Port projects 50-pct growth in 2024
The Hambantota International Port (HIP) has experienced a substantial increase in volumes, with a 40% growth recorded in 2024 to date. The port’s Commercial and Marketing division says the growth is expected to reach 50% by the year end. “The impressive performance and strategic growth of the port in 2024 demonstrate the Hambantota International Port […]
Colombo Dockyard Lays Foundation Stone To Build Fully-fledged Engineering Workshop At Hambantota Port
Colombo Dockyard (CDPLC) ceremonially laid the foundation to build a full-fledged engineering workshop at Hambantota International Port on 16th August 2024. This ceremonial occasion will kick off the construction of the engineering workshop in line with the contract signed between CDPLC and Hambantota International Port Group (HIPG). The foundation laying commenced with the traditional of […]
SLPA fire fighters completely control fire in the vessel at POC
Fire fighters of the he Sri Lanka Ports Authority (SLPA) Fire Brigade successfully extinguished the fire that broke out yesterday (11) in a ship at the Jaya Container Terminal (JCT) of the Port of Colombo. At present, the fire has been completely extinguished. A sudden fire broke out in the Container vessel MV. MSC CAPETOWN […]
Offshore banking regulations gazetted for banks set to operate at Port City Colombo
Port City Colombo announced that two regulations, Offshore Banking, and Offshore Banking — Prudent Management and Confidence, have been gazetted for commercial operations within the area of authority of the Colombo Port City Special Economic Zone. This was made official through the Gazette Notification <2394/66 and 2394/67> dated 26th July 2024. Being yet another key […]
Onomichi Dockyard MD Visits HIP to Seal Partnership
The Managing Director of Onomichi Dockyard Company, Japan, and Director of Colombo Dockyard PLC (CDPLC), Kunio Kobatake, recently visited Hambantota International Port (HIP). This visit follows a newly signed agreement between CDPLC and the Hambantota International Port Group (HIPG) to construct a state-of-the-art ship repair workshop at the port. Johnson Liu, Chief Representative of CM […]
Colombo Dockyard signs agreement to set up fully-fledged workshop at Hambantota International Port
Colombo Dockyard (CDPLC) inked an agreement with Hambantota International Port Group (Private) Ltd (HIPG), to setup a fully-fledged workshop at the HIPG facility on the 16th of July 2024. Once the workshop is setup, this will augment the service availability and the speed of service to the clients, improving the economics to the end user. […]
Hambantota International Port records High Growth in LPG operations in second quarter 2024
The Hambantota International Port’s (HIP) second quarter report on LPG operations records an increase of approximately 100% in volumes handled compared to 2023 numbers. Bunker volumes at the port have also increased considerably by almost 128%. Building on this success, HIP has expanded its services to accommodate diverse oil and gas operations, including LPG vessel […]
Two Luxury Liners visit Hambantota International Port
Two cruise ships docked at Hambantota International Port on 15th May 2024. MV. Silver Cloud owned by Silversea Cruises, the luxury brand of the Royal Caribbean Group arrived from Cochin carrying 232 passengers while TUI’s Mein Shiff5 arriving from Langkawi carried 2,434 passengers. A group of passengers from MeinShiff5 did their customary e-bike tour to […]