Colombo Port to Boost Sri Lanka’s Economy

Sri Lanka has facilities to handle mega carriers with the infrastructure and support system which is on a par with other large ports in the region. Sri Lanka is positioned in a strategic location which should be exploited to boost business in the ports and shipping sector, expert said.

“During the recent past, port sector development has been expedited with the rapid progress of work in the Colombo South Harbor project and the commissioning of the bunkering facilities at the Hambanota Port,” Chairman Ports Authority Chairman Dr Priyath Bandu Wickrema said.

The Colombo Port handled around 4.4 million containers last year.

Port sector experts said that Sri Lanka will be a transshipment hub and compete with other ports in the region. Around 80 percent of cargo coming into Sri Lanka is transshipment cargo.

Sri Lanka Ports Authority, Managing Director, Capt. Nihal Keppetipola said that hinterland connectivity must be developed to enhance the benefits of mega ships. Less trucks coming into ports will help save time and cost and improve competitiveness in pricing and productivity levels.

Source: slpa.lk, August 7, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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