Search results for: Sri Lanka

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  • 24 February 2016
    Business & Finance

    The Asian Development Bank (ADB) and the Sri Lanka Ports Authority (SLPA) have signed a transaction advisory services agreement to develop the East Container Terminal (ECT) of Colombo Port through public–private partnership (PPP). The $500 million project will include operationalization of the existing 400 meters of deep water berth and the full design, build, finance, operation […]

  • 18 April 2011

    Sri Lanka government sources say that a cabinet paper will be brought soon to establish a new corporation to streamline the conservation…   (colombopage) [mappress] Source: colombopage, April 18, 2011    

  • 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;

  • 25 January 2018
    Business & Finance

    China Harbor Engineering Company (CHEC) has signed two Memorandums of Understanding (MoUs) with Sri Lanka’s Ministry of Megapolis and Western Development, the Urban Development Authority and the CHEC Port City Colombo, for funding the Colombo International Finance City (CIFC) Building Complex. The structure, to be built on reclaimed land of the Colombo Port City Development […]

  • 23 September 2011

    The Board of Investment and the Sri Lanka Ports Authority have signed an agreement with Colombo International Container Terminals Limited to…   By Hemanthi Guruge (dailynews) [mappress] Source: dailynews, September 23, 2011;

  • 24 June 2011

    The Sri Lanka Ports Authority (SLPA) has secured a 700 million US dollar investment to build a ‘port city’ on land reclaimed on the… (lankabusinessonline) [mappress] Source: lankabusinessonline, June 24, 2011

  • 28 March 2011

    The Sri Lanka Ports Authority (SLPA) said yesterday that a greater part of the breakwater for the Colombo Port Expansion Project (CPEP)… By Nabeela Hussain (dailymirror) [mappress] Source: dailymirror, March 28, 2011

  • 24 August 2011

    Sri Lankas port authority on Tuesday said it has asked China for $40 million loan to demolish a massive seabed rock obstructing the entrance… (sundayobserver) [mappress] Source: sundayobserver, August 24, 2011;

  • 4 September 2013
    Business & Finance

    The newly constructed Oluvil commercial port and fisheries harbour together with the ice manufacturing plant constructed in the Eastern Province with aid from Denmark was vested in the public by President Mahinda Rajapaksa Sunday afternoon. Sri Lankan Government in its plans to give momentum to its economic development under the five hub concept had decided […]

  • 23 February 2010

    The Chairman of the Sri Lanka Ports Authority (SLPA) Priyath Wickrama has said that the port was in the final stages of negotiations with a private investor consortium, led by China Merchant Holdings, for the construction of a new deepwater container terminal. [mappress] Source: Baird Maritime, February 23, 2010

  • 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 […]

  • 1 June 2013
    Business & Finance

    Lithuania: Klaipeda Port Dredging Completed May 2013 is a historical date for the port of Klaipėda as a record breaking dredging works of the port channel were accomplished, which shifted the port to a new qualitative level.   VIDEO: “ALBERTO ALEMÁN ZUBIETA” Dredging Trials (Panama) IHC Merwede delivered last week the new backhoe dredger ALBERTO […]

  • 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 […]

  • 31 October 2012

    Seven board members from the Asian Development Bank visited the Colombo Port Expansion Project (CPEP) on 29 October 2012. The delegation consisted of Maurin Sitourus, Ashok K. Lahir, Kazuhiko Koguchi, Jerome Destombes, Richard Edwards, Khin Khin Lwin and Wilson Kamit. Ranjith Pemasiri, Secretary of the Ministry of Ports and Highways, Anuradha Wijekoon, Additional Secretary of […]

  • 25 October 2017
    Business & Finance

    Megapolis and Western Development Minister, Patali Champika Ranawaka, today toured the Port City land reclamation operations in Colombo, Sri Lanka. According to Minister Ranawaka, China Harbor Engineering Company (CHEC) completed 50% of all land reclamation work so far. The Port City project is currently the single largest private-sector development project in Sri Lanka, and it is envisioned […]

  • 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 […]

  • 9 November 2012
    Business & Finance

    In parallel to construction of Magam Ruhunupura Mahinda Rajapaksa Port (MRMR Port) in Hambantota, Sri Lanka Ports Authority (SLPA) received investment proposals from prospective local and foreign investors to establish businesses within the port premises. Out of the 27 proposals received, the Cabinet of Ministers has approved 7 investment proposals, subsequent to the recommendations by […]

  • 10 October 2016
    Business & Finance, Project & Tenders, Vessels

    The handing over ceremony of Asia’s largest trailing suction hopper dredger (TSHD) JUN YANG 1 is being held this morning in Guangzhou City, China. Built by Royal IHC in the Netherlands, the dredger will be handed over to China Communications Construction Company’s Guangzhou Dredging Co., Ltd. (GDC). The first gig for the vessel will be Colombo Port City […]

  • 29 December 2010

    Sri Lankan logistics firm FPS Lanka is considering setting up offices in the new southern port of Hambantota and in eastern Trincomalee … (lankabusinessonline) [mappress] Source: lankabusinessonline, December 29, 2010;

  • 27 May 2014
    Business & Finance, Equipment, Technology

    The Hambantota Sea Port Project will greatly accelerate economic development in Sri Lanka’s Southern Province, the Hambatota Sea Port Project Manager Liu Hong Shen said. Shen was addressing an awards ceremony at Kirala Kele Hotel at Ambalantota where the best performers in the phase two of the Hambantota Sea Port Project for the first quarter […]

  • 29 March 2012

    DMK Union ministers are urging the implementation of the Setusamudram canal project which will widen the narrow Palk Strait that divides India and Sri Lanka, reports zeenews.com. The Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi were contacted on Thursday and urged to speed up the proceedings. The Setusamudram project has an aim to boost […]

  • 16 May 2013
    Business & Finance

    Making “Mahinda Chinthana” development policy of the Present Government of His Excellency the President Mahinda Rajapaksa a reality, to build Sri Lanka the Regional Maritime Hub with the advantage of its unique geographical location, Sri Lanka Ports Authority led by its Chairman Dr.Priyath B.Wickrama under the instructions by Hon.Minister of Port and Highways (Project) – […]

  • 28 January 2018
    Business & Finance, Project & Tenders

    Dredging Today brings you an overview of the most popular stories from the past week (January 22-28, 2018).   Group Ocean Orders Two Damen Vessels Recently, at the New Orleans Workboat Festival in the United States, Damen Shipyards Group signed a contract with Canada-based Group Ocean for the delivery of two Modular Multi Cats 1205.   […]

  • 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. […]

  • 15 March 2013

    Sri Lanka Ports Authority is planning to call for tenders for the construction of the second terminal of Colombo South Harbour by 2017. Sri Lanka Ports Authority Chief Engineer (Planning and Development), Susantha Abeysiriwardena told Daily News Business that SLPA would call for international tenders for the construction of the second terminal of Colombo South […]

  • 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 […]