Category: Shipping and Transport

Aug 04, 2011 (LBO) – The Sri Lankan government has approved the award of contracts for manufacturing plants in a new port in the south where a remaining rock obstacle will be blasted soon to enable big ships to enter. “Port development takes a good 5-10 years to develop. Today we are competing with other […]

Aug 04, 2011 (LBO) – Metallurgical Corporation of China, a Chinese state-run building and engineering firm is to design and build a section of a highway around the capital Colombo that will connect three other expressways now under construction. The Colombo-Katunayake Expressway is to be completed by end of 2012 and the first two phases […]

Aug 04, 2011 (LBO) – Sri Lanka is to host an annual meeting of the international ports association alongside an air freight and shipping exhibition to promote the island as a logistics hub after the end of a war. “South Asia including Sri Lanka is expected to increase container throughput at a faster speed than […]

Aug 02, 2011 (LBO) – A newly started ferry service between India and Sri Lanka is becoming more popular and the group which operates the ferry from the Indian side, Flemingo Liners plans to add more services, an official said. Some passengers have also started to make use of a facility to take their cars […]

Aug 02, 2011 (LBO) – The Sri Lanka Ports Authority has started work on widening a bridge inside Colombo port to ease traffic congestion within the harbour caused by an influx of cargo as trade recovers after a war. We have fulfilled a long awaited requirement of purchasing new operation equipment. Currently, 03 new gantry […]

Aug 01, 2011 (LBO) – Singapore-based carrier Pacific International Lines (PIL) has added Sri Lanka’s Colombo port on its East Africa – Far East Service, with a weekly frequency calling on Fridays. The new service connects the Far East and East Africa and transshipment cargo from the Indian sub-continent, a Sri Lanka Ports Authority statement […]

July 31, 2011 (LBO) – An American salvage company has begun clearing wrecks from a port in Sri Lanka’s former northern war zone ahead of dredging and repair work that will enable resumption of commercial activity. Resolve Salvage and Fire (Asia), a Singapore subsidiary of US-based Resolve Marine Group, said it was awarded the contract […]

DUBAI, July 28, 2011 (AFP) – A petrol tanker belonging to the United Arab Emirates hijacked by Somali pirates on July 16 has been released, state news agency WAM reported Thursday. Last month, the UN Security Council warned that Somali pirates were attacking growing numbers of ships in the Indian Ocean and that the attacks […]

July 27, 2011 (LBO) – Sri Lanka’s first expressway is likely to charge a toll of 300 rupees for the full journey from the capital Colombo to the southern town of Galle, deputy highways minister Nirmala Kothelwawala said. The highway can cut down the journey to Galle from Colombo from the current three hours to […]

July 27, 2011 (LBO) – Sri Lanka’s new car registrations rose 10 fold to 29,883 in the first half of 2011, amid 63 percent overall rise in vehicle registrations following a tax cut that increased citizen’s access to vehicles, official data shows. During the six months to June, Sri Lankans have registered 248,572 new vehicles […]

July 22, 2011 (LBO) – The Sri Lanka unit of Indian Oil Corporation has said strong sales of bunker fuel to ships in the last three months of the last financial year helped offset losses in the previous three quarters. Lanka Indian Oil Corp chairman G C Daga said that during the financial year ended […]

July 21, 2011 (LBO) – India is to provide Sri Lanka with grants and soft loans to rebuild Kankesanturai port in the northern Jaffna peninsula that was damaged during the ethnic war, under a deal signed Thursday. India has already committed 20 million US dollars for the work which involves a hydrographic survey, wreck removal […]