Category: Shipping and Transport

Dec 08, 2010 (LBO) – Sri Lanka is considering having “concessionary” bus fares at peak hours to help “private and public workers” one of the country’s transport ministers have told parliament, a media report said The minister for ‘private transport services’ C B Ratnayake was quoted as saying in the Daily Mirror newspaper that a […]

Dec 07, 2010 (LBO) – Container volumes handled by the Sri Lanka Ports Authority (SLPA) hit a record two million in the 11 months to November 2010, up 26. 5 percent from a year ago, a statement said. Total containers handled by the port of Colombo would reach four million TEUs (Twenty-foot container Equivalent Units) […]

Dec 07, 2010 (LBO) – Container volumes at Sri Lanka’s South Asia Gateway Terminals (SAGT), a private transhipment facility in Colombo port, fell to a yearly low in November, latest statistics show. The private terminal has become a key source of profits for JKH in recent years, along with a bunker fuel unit in Colombo […]

Dec 06, 2010 (LBO) – Logiventures, a unit of Sri Lanka’s Hayleys group, expects an anticipated post-war construction boom to increase demand for its portable cabins made of converted cargo containers, a statement said. Since our Convertainers most often accommodate people in site offices, workshops, sanitary units and similar applications, quality management systems pertaining to […]

Dec 03, 2010 (LBO) – An emerging requirement for fast passenger ferries to link Indian island territories with the mainland could be an opportunity for Sri Lanka’s Colombo Dockyard, a visiting Indian official said. Jitendra Kumar Dadoo, the Administrator of the Union Territories of Lakshadweep, India, said faster passenger craft were needed to transport people […]

KUALA LUMPUR, December 2, 2010 (AFP) – Malaysia says it is taking steps to secure the release of a Malaysian-flagged cargo ship and its 23 crew seized by Somali pirates last week in the Indian Ocean. The MV Albedo container vessel was en route from the United Arab Emirates to Kenya when it was hijacked […]

Nov 29, 2010 (LBO) – Indian investors will be encouraged to invest in southern Sri Lanka where China has built a new port, according to remarks by India’s foreign minister, as both countries vie for influence on the island. Visiting Indian Minister of External Affairs S M Krishna said India’s decision to set up a […]

Nov 26, 2010 (LBO) – Sri Lanka and India has inked a deal for a 416 million US dollar credit from India’s export import bank to rebuild railways in the island’s war-torn north, a government statement said. The president’s office said the deal was signed between Nadeem Panketan, managing director of the Indian export import […]

TOKYO, November 21, 2010 (AFP) – A small, unidentified ship opened fire on a container vessel run by a Japanese logistics firm, in an apparent piracy attack in the Indian Ocean, a report said late Saturday. None of container ship’s 24 crew members, all non-Japanese, was injured in the incident Saturday, Kyodo News reported, quoting […]

Nov 18, 2010 (LBO) – Sri Lanka’s new Chinese built port in the Southern city of Hambantota was formally commissioned by President Mahinda Rajapaksa Thursday with the symbolic entry of a converted troopship. Rajapksa said in the second century, under then King Gajaba, there had been a port in the area called Godpabbatha which had […]

Nov 17, 2010 (LBO) – Sri Lanka’s importance as a shipping hub in South Asia has increased after the end of a long drawn out war, an international logistic group that has offices in the Middle East, Asia and Pacific said. “Sri Lanka with its strategic location provides a gateway to the Maldives where we […]

Nov 16, 2010 (LBO) – A luxury passenger vessel, MV Le Diamant, operated by the CMA CGM shipping line, has begun calls at Sri Lankan ports following the end of the island’s 30-year ethnic war. Its second voyage is planned for May 2011. The Sri Lanka Ports Authority said the ship called at the eastern […]