Higher Costs
April 15, 2009 (LBO) - A Chinese contractor building a part of an expressway to Sri Lanka's south has more than doubled the original contract value following …
Shipping and Transport
Peoples’ Burden
April 15, 2009 (LBO) - Sri Lanka's over-staffed and inefficient state-owned bus and railway services made heavy losses in 2008 despite higher revenues after …
Acid Suit
April 12, 2009 (LBO) – Sri Lanka may sue the owners of Turkish ship which sank off the island's northeastern coast with a cargo of sulphuric acid, under …
Sea Crew
April 10, 2009 (LBO) - Belgium will recognize seafarer certificates issued by Sri Lanka allowing seamen from the island to serve aboard Belgian flagged vessels …
Missing Miles
April 01, 2009 (LBO) - Sri Lanka is in talks with the Asian Development Bank on ways to raise funds to build the last stretch of a key highway linking the …
Port Moves
March 24, 2009 (LBO) - Two big shipping lines, four Sri Lankan conglomerates, and a Middle East port operator were among the prospective bidders for a new …
No Scrapping
March 20, 2009 (LBO) - Sri Lanka has ruled out ship breaking as an industry under its efforts to promote the island as a maritime hub, going against the trend …
Supply Chain
March 13, 2009 (LBO) - Global logistics firm DHL said it will invest eight million dollars in Sri Lanka to set up a joint venture for supply chain services, …
Late Justice
ROME, March 11, 2009 (AFP) - An appeals court in southern Italy sentenced a Pakistani shipowner to 30 years in prison for his role in the drowning deaths of …
Docking Trends
March 07, 2009 (LBO) - Sri Lankan ship builder Colombo Dockyard said net profit rose 32 percent to almost 1. buy metformin online …
New Lease
Mar 06, 2009 (LBO) – A Sri Lankan motor company is offering a 'buy now, pay later' auto leasing scheme, which it hopes will boost sales that have plunged …
Broken Axle
March 04, 2009 (LBO) – Sri Lanka's once prosperous motor industry has seen a sharp fall in sales, hit by shrinking credit, a fast depreciating rupee and …
Long Voyage
March 04, 2009 (LBO) - Sri Lanka's Hemas Holdings has got two seats on the board of directors of Mercantile Shipping Company, a ship owner and operator in …
Big Guys
Feb 26, 2009 (LBO) - A call for bids to build a new container terminal in Colombo port has drawn the interest of some of the world's top port operators and …
Slowing Trade
Feb 17, 2009 (LBO) - A container terminal that is one of the main money-spinners for Sri Lanka's John Keells Holdings (JKH) has seen a fall in volumes owing to …
Clean Seas
Feb 06, 2009 (LBO) - Sri Lanka has called for fresh bids from private investors to set up a collection facility in Colombo port for waste oil from ships which …
Port Bids
Feb 05, 2009 (LBO) - The Sri Lanka Ports Authority has issued a long-awaited call for bids for a container terminal in a new deep-draft port being built next …
Heavy Lift
Jan 27, 2009 (LBO) - Colombo port will start taking delivery of the first batch of new cargo handling equipment to replace aging cranes from May this year, Sri …
Long Voyage
Jan 23, 2009 (LBO) - Sri Lanka's Galle port is sprucing itself up with a new yacht marina in a bid to attract the high-spending sailors who sail past the …
Dollar Account
Jan 23, 2009 (LBO) - The Sri Lanka Ports Authority (SLPA) is awaiting government approval to operate a 'dollar account' to cut mounting foreign exchange losses …