Search results for: Colombo Port

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  • 30 July 2012

    The construction work of Sri Lanka’s proposed port city will begin later this year. The government news agency confirmed that the proposed Port City Development Project at a cost of US$ 15 billion will be implemented on schedule with construction work to commence during the latter part of 2012. “Whilst the Sri Lanka Ports Authority […]

  • 21 April 2010

    Dredging and breakwater construction on a new harbour being built next to Sri Lanka’s Colombo port is on schedule, said a senior official of the Asian Development Bank which is funding the work. But talks on a contract to design and build the new deep-water port’s first container terminal were still on… [mappress] Source:lankabusinessonline,April 21,2010;

  • 7 August 2014
    Business & Finance, Equipment, Technology

    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 […]

  • 26 April 2013

    Deputy Prime Minister of Japan, His Excellency Mr.Taro Aso and Parliamentary Senior Vice Minister of Finance, Honourable Ms. Yuko Obuchi will visit Sri Lanka from 1st to 2nd May 2013, as a follow-up to the visit of His Excellency President Mahinda Rajapaksa to Tokyo in March this year. Mr.Aso is also the Finance Minister of […]

  • 18 March 2010

    The Colombo Port Expansion Project (CPEP) launched by the Government is in progress under the two phases the project was planned.The total estimated cost of construction of harbour Infrastructure works is US$ 330 million while the first South Container Terminal will be constructed under BOT terms… [mappress] Source:dailynews,March 18,2010;

  • 6 January 2014
    Business & Finance

    The Shippers’ Academy Colombo (SAC) scheduled an interactive forum with Dr Priyath Bandu Wickrama (Insights Into Port Development 2014 & Beyond), Chairman of the Sri Lanka Ports Authority (SLPA) on January 16 to educate the investor community and the industry on the development projects and discuss the plan of the SLPA beyond 2014. Among the […]

  • 22 February 2018
    Business & Finance

    Port City Colombo has just released this beautiful photo of the trailing suction hopper dredger (TSHD) Wan Qing Sha, during her recent work on the Port City land reclamation scheme. This capital project, conducted by China Harbor Engineering Company (CHEC), is a brand new city development built as an extension of the Central Business District of […]

  • 9 August 2012

    Sri Lanka Ports Authority (SLPA) in a statement yesterday confirmed that the proposed Port City Development Project will be implemented on schedule with construction work to commence during the latter part of this year. As earlier reported in The Island Financial Review, the project is expected commence in October and the entire investment is estimated […]

  • 13 September 2013
    Business & Finance

    UltraTech Cement Lanka (Pvt) Ltd, a leading cement manufacturer announced their strategic involvement with the construction of the Colombo South Harbour. The new South Harbour is the only harbour in South Asia to be able to accommodate Triple E Class vessel and could become one of the main transhipment hubs. Kiran Redkar, the Chief Executive, […]

  • 6 August 2013

    President Mahinda Rajapaksa yesterday officially opened South Asia’s only container terminal that can handle Triple-E vessels and the new breakwater of Colombo Port stretching 400 meters to the sea. Delivering the keynote address, President Rajapaksa said that in the past, the country did not have full control of its ports and as a result, many […]

  • 11 December 2019
    Business & Finance

    Newly reclaimed land for the Port City Colombo project, conducted by China Communications Construction’s subsidiary CHEC, was officially declared as part of Sri Lanka on December 7. According to China Communications Construction, this momentous occasion was celebrated by CHEC Port City Colombo under the patronage of Sri Lankan Prime Minister, Mahinda Rajapaksa, and the Chinese […]

  • 23 June 2014
    Business & Finance

    Asian Development Bank (ADB) President Takehiko Nakao has met with Sri Lanka’s President Mahinda Rajapaksa, as well as several ministers and senior officials, to discuss global, regional and bilateral issues, including challenges and opportunities for the Sri Lankan economy over the short to medium term. During the three-day visit, Mr. Nakao also visited Colombo Port, […]

  • 11 October 2013
    Business & Finance

    On August 5th following the construction of the International Port of Colombo South Container Terminal Project in Colombo, Sri Lanka, an opening ceremony was held to officially open the Port for use. President of Sri Lanka, Mahinda Rajapaksa was present at the site, as well as China Communications Construction Company’ s Assistant President, Song Hai […]

  • 23 January 2019
    Business & Finance

    Sri Lanka’s CHEC Port City Colombo marked another significant milestone last week with the completion of land reclamation operations.  At a ceremony held on January 16, Xin Hai Long, the last of the four state-of-the-art dredgers used for the sand mining operation left the project site. The 269 hectares of land from the ocean is […]

  • 22 July 2014
    Business & Finance, Equipment, Technology

    The construction of Sri Lanka Ports Authority owned single berth of the Colombo Port Expansion Project (CPEP) is known as the East Container Terminal (ECT) and with the completion of its Phase I soon, it is expected to cater the shortfall in the capacity of container handling in the Port of Colombo. The quay wall […]

  • 25 July 2014
    Business & Finance, Project & Tenders

    Government of Sri Lanka has identified Colombo Port Expansion Project (CPEP) to cater to the increasing demands of services in the international shipping industry. The project consists of two phases such as construction of breakwaters, dredging for new harbour basin and navigation channel and rerouting of crude oil pipe line. The other component includes construction […]

  • 21 December 2011

    The construction of the Colombo Port’s third container terminal is scheduled to be completed and operative by 2016. The US $ 500 million project will be undertaken in three stages, with the first stage expected to be completed by 2013. Perceived as a PPP venture, the expansion will increase the number of liners calling the […]

  • 23 October 2014
    Business & Finance, Project & Tenders

    Atkins has been appointed by China Harbour Engineering Company (CHEC) to assess the opportunity of incorporating a marina into the proposed 2.5sqkm mixed use Colombo Port City development in Sri Lanka. The study is multifaceted and will establish the overall demand for marina facilities, the size of the marina, appropriate berthing mix and seek to […]

  • 28 December 2018
    Business & Finance

    China Communications Construction Company (CCCC) has released this amazing photo from the Sri Lanka’s Colombo Port City Project, being developed by CCCC’s subsidiary CHEC. Sri Lanka, an island country in South Asia, is located in the Indian Ocean to the southwest of the Bay of Bengal and to the southeast of the Arabian Sea. Due to its […]

  • 3 July 2011

    The Government intends to reclaim the country’s position as the pearl of the Asian silk route after completing the over US$330 million … By Olindhi Jayasundere (dailymirror) [mappress] Source: dailymirror, July 3, 2011;

  • 23 August 2013
    Business & Finance

    On August 5th following the construction of the International Port of Colombo South Container Terminal Project in Colombo, Sri Lanka, an opening ceremony was held to officially open the Port for use. President of Sri Lanka, Mahinda Rajapaksa was present at the site, as well as China Communications Construction Company’ s Assistant President, Song Hai […]

  • 2 January 2019
    Business & Finance

    Dredging Today brings you some of the most popular photos that marked the past dredging season.   PHOTO: DEME’s TSHD Bonny River Launched in China DEME’s new trailing suction hopper dredger (TSHD) ‘Bonny River’ was launched last Sunday (April 15) at COSCO Guangdong Heavy Industry shipyard in China.   PHOTO: GLDD Backhoe Dredge New York at […]

  • 24 August 2012

    China will finance the expansion of Hambantota Port in the island’s south with two loans of 600 million US dollars and one billion yuan, cabinet spokesman Keheliya Rambukwelle said. The dollar denominated loan will come from the Exim Bank of China and the yuan loan will come from the government of China. “The second phase […]

  • 13 January 2014
    Business & Finance, Equipment, Technology

    SLPA has record a growth of 12.3% TEUs in transshipment operations during last year compared to the same period of 2012. Against 1,584,985 TEUs handled in this regard in 2012, SLPA has handled a total transshipment volume of 1,779,882 TEUs in 2013. SLPA has also shown a 1.8% growth in domestic operations in 2013 compared […]

  • 20 March 2014

    Bank of Ceylon signed a financing agreement for LKR 10.50 Billion with Sri Lanka Port authority (SLPA) for the development of East Container Terminal (ECT) under Colombo Port Expansion project. This project is facilitated through leading infrastructure development provider Hyndai Engineering and Construction Co. Ltd in Korea. Ltd and is expected to complete in 2015. […]

  • 10 May 2010

    Hambantota District MP, Namal Rajapaksa and several newly appointed members of the new parliament made an extensive inspection visit at the… [mappress] Source: dailymirror, May 10, 2010;