Box Terminal
Sept 22, 2011 (LBO) - A Sino-Lanka consortium that is to build a container terminal in Colombo's new deep-water South Port has signed a deal with Sri Lanka's …
Shipping and Transport
Motor Move
Sept 21, 2011 (LBO) - The Sri Lankan agency for South Korea's KIA Motors is to invest about a billion rupees in the next three years to expand its service …
Box Movements
Sept 21, 2011 (LBO) - Container cargo volumes at Sri Lanka's Colombo port fell in July although still higher so far this year compared with the same period in …
Train Crash
September 17, 2011 (AFP) - At least three people including a Korean national were killed and about 25 injured near the Sri Lankan capital when a passenger …
Rural Links
Sept 09, 2011 (LBO) - Cleveland Bridge UK has signed a 56 million US dollar contact with Sri Lanka's Ministry of Economic Development to provide up to 210 …
Speed Bump
Sep 05, 2011 (LBO) - The long-delayed opening of Sri Lanka's first expressway will be delayed further although construction of the road is over because toll …
Port Premium
Sep 02, 2011 (LBO) - The state-run Sri Lanka Ports Authority (SLPA) is to provide medical insurance for its employees with the cost borne by the authority …
Ferry Orders
Aug 31, 2011 (LBO) - Sri Lanka's Colombo Dockyard said it has won an order to build two passenger ferries for India's Laskshadweep island administration, on …
Freight Fortunes
Aug 31, 2011 (LBO) - New freight forwarding businesses in east Asia helped improve sales and profits for Sri Lanka's Expolanka Holdings, which aims to further …
Vessel Hire
Aug 30, 2011 (LBO) - Sri Lanka's Mercantile Shipping Company is renegotiating vessel hire fees and trying a profit-share deal after slipping into the red last …
Cost Account
Aug 25, 2011 (LBO) - Sri Lanka's Hambantota port needs extra loans of 147.9 million dollars to cover equipment including cranes, cost escalations in building …
Supply Vessels
Aug 25, 2011 (LBO) - Sri Lanka's Colombo Dockyard has won a deal from a Singapore-based owner to build four 78-metre Multipurpose Platform Supply Vessels …
Rocky Tale
Aug 25, 2011 (LBO) - Bunkering at Hambantota port in Sri Lanka's South is to start next month after spending 40 million dollars to demolish a rock blocking the …
Port Parley
Aug 24, 2011 (LBO) - An international conference on ports opened in Sri Lanka Wednesday with the head of its port authority saying ports need to urgently need …
Financial Closure
Aug 16, 2011 (LBO) - China Development Banking Corporation will loan 350 million US dollars for a 500 million US dollar container terminal in Colombo to be …
BOT Deal
Aug 15, 2011 (LBO) - A 35-year build operate transfer deal has been signed between state-run Sri Lanka Ports Authority and Colombo International Container …
Pole Position
Aug 11, 2011 (LBO) - Sri Lanka's brand new automobile market is dominated by India's Maruti and Toyota is leading the re-conditioned or imported used car …
Auto Profits
Aug 10, 2011 (LBO) - Sri Lanka's Diesel and Motor Engineering Company, an auto importer and distributor said net profits in the June 2011 quarter rose 321 …
Fusion Mode
Aug 05, 2011 (LBO) - A service station to repair and maintain hybrid cars in Sri Lanka, whose use has risen sharply after an import tax cut, has been set up in …
Logistics Net
Aug 04, 2011 (LBO) - Profits at Sri Lanka's Expolanka group, whose key business is in logistics, rose 15 percent to 273 million rupees in the June 2011 quarter …