Search results for: Sri Lanka

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A list of search results

  • 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 […]

  • 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 […]

  • 7 May 2013
    Business & Finance

    High Commissioner of India H.E. Ashok K. Kantha, participated in a brief ceremony on 6 May 2013 at Kankesanthurai (KKS) Harbour to mark the completion of the dredging operation. The “Joint Post Dredging Survey” chart was formally handed over by the High Commissioner to Capt. Nihal Keppetipola, Managing Director of Sri Lanka Port Authority (SLPA). […]

  • 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 […]

  • 15 October 2014
    Business & Finance, Vessels

    Self-Propelled Grab Hopper Dredger SAYURU was built by Japanese-based shipbuilder Kegoya Dock for the Ceylon Fishery Harbors Corporation (CFHC). The design and construction work of the dredger commenced in October 2013 and its delivery will take place, October 18th, ahead of the original schedule. The overall length of the dredger is 49.90m, with a breadth […]

  • 6 May 2013
    Business & Finance

    Colombo International Container Terminal Plc, (CICT) a unit of China Merchant Holdings (International) will begin discussions with potential customers shortly with the first berth due to open in July. “The port of Colombo can accommodate mega vessels,” CICT chief executive Yunshu Liu said on the sidelines of ports and logistics conference organized by Seatrade a […]

  • 18 March 2013
    Business & Finance, Equipment, Technology, Vessels

    The Government of Japan provided grant assistance amounting to Japanese Yen 2,678 million (approximately Rs. 3.7 billion) towards the following four projects for meeting the urgent needs in sectors such as; fisheries, roads and health. This assistance was conveyed by Prime Minister Shinzo Abe at the Summit Meeting with President Mahinda Rajapaksa, during his visit […]

  • 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 […]

  • 5 March 2012

    China Harbour successfully won the bid for Phase I Tide Terminal Project of Lae Port Development Project of Papua New Guinea. This is not only a good start of Sri Lanka Regional Company in the first quarter and the first step of the Company in the market of Papua New Guinea but also laid down […]

  • 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 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 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 […]

  • 20 January 2019
    Business & Finance, Equipment, Technology, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (January 14 – 20, 2019).   Coast Guard Recovers Body of Volvox Asia Crew  After two day of intensive search operation, the Indian Coast Guard earlier this week recovered the body of a crew member of the trailing suction hopper dredger (TSHD) […]

  • 28 August 2017
    Business & Finance, Equipment, Technology

    The Negombo Lagoon cleanup project in Sri Lanka was recently completed by using a multipurpose Watermaster amphibious dredging machine.  The Negombo Lagoon suffers from heavy siltation and the presence of urban debris, making big trouble for the fishing and sightseeing boats to enter the certain parts of the lagoon. Watermaster’s Urban Dredging Concept was utilized […]

  • 30 January 2013
    Business & Finance

    Making a yet another significant landmark in the container handling saga of Sri Lanka, the State-owned Jaye Container Terminal (JCT) received an 11,660 TEU capacity Container Carrier, “MV MSC LUCIANA”, operated by the Geneva-based Mediterranean Shipping Company (MSC). “MV MSC LUCIANA” which made a history as the largest ever container vessel thus far called over […]

  • 28 May 2013
    Business & Finance

    Government of Sri Lanka (GOSL) has identified the expansion of Port of Colombo to cater the increasing demand of services in the international shipping industry. After comprehensive studies the proposed development in South of Colombo Port was identified essential. This entire infrastructural development project is called “Colombo Port Expansion Project (CPEP)”. The proposed Colombo South […]

  • 29 August 2013

    Cabinet approval has been granted for the implementation of the Weras Ganga Storm Water Drainage and Environment Improvement Project. The project is executed to mitigate the frequent flooding in Weras Ganga Basin and also to promote sustainable development activities and enhance environment improvement which will promote tourism industry in the relevant areas. The project involves […]

  • 16 April 2014
    Business & Finance, Equipment, Technology

    The Hambantota Port will receive two ships to shore cranes and they will be placed inside the port by the end of this month.  “These ships to shore cranes are essential for the new ports like Hambantota, because those cranes have arms which are much longer than the gantry cranes,” said Parakarma Pillapitiya, the Business […]

  • 8 September 2013
    Business & Finance

    Ravestein to Build Dredger for ETERMAR SA (The Netherlands) Ravestein has been awarded the contract for the design and construction of a backhoe dredger type Ravestein 750 B for ETERMAR SA.   Van Oord: Artemis at World Port Days 2013 (The Netherlands) For the 36th time Rotterdam opens the doors to Europe’s largest port during […]

  • 29 January 2014
    Business & Finance, Equipment, Technology

    Wencai Zhang, the Vice Chairman of the Asian Development Bank (ADB), recently inspected the Colombo Port Expansion Project, according to news360.lk. During this visit, Priyath Bandu Wickrama, the SLPA Chairman, explained the ongoing development work in the Colombo Port. Colombo International Container Terminals Ltd. started these expansion works in December 2011. With an envisaged investment […]

  • 7 October 2016
    Business & Finance

    Fiqran International Trading Ltd, a private sector joint venture between the UAE and Bangladesh, plans to purchase three dredgers from the Dutch dredger builder Royal IHC, according to The Financial Express (FE). Two companies signed a Memorandum of Understanding (MoU) earlier this week in Chittagong, Bangladesh. These high capacity dredging vessels will be used for dredging operations […]

  • 25 August 2014
    Business & Finance

    The Coast Conservation Department together with the Ministry of Fisheries and Aquatic Resources have taken steps to develop 18 lagoons in the island. The development of the new lagoons is scheduled for completion before the end of 2015. Arrangements are in place to remove unauthorized establishments in the lagoon areas and develop them without harming their […]

  • 30 January 2012

    Aitken Spence has announced that they have finalized the formalities of the sale of 30 % shareholding in CICT to China Merchants Holdings (international) company Limited (CMHI) their joint venture partner. The Sale was on normal commercial terms which have been determined through arms length negotiations between the parties. The directors consider the sale is […]

  • 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;

  • 2 January 2013
    Business & Finance

    Sri Lanka Ports Authority (SLPA ) commenced duties in the new year on 1st January 2013 at a ceremony with Buddhist religious activities held at its Chaithya Premises. Parallel to the event other religious activities were also conducted at Catholic, Muslim and Hindu religious premises at SLPA. At a time several mega port development programmes […]

  • 13 November 2009
    Project & Tenders

    Under the Government initiatives to set up a modern port system in the country, many ports are being constructed throughout the coastal belt… Source: Ceylon Daily News, November 14, 2009;