Shipping Risk
June 30, 2008 (LBO) – The Sri Lankan government is considering establishing a fund based on a levy charged from merchant vessels to handle emergencies …
Shipping and Transport
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Greek Deal
June 24, 2008 (LBO) - Ceylon Shipping Corporation (CSC), Sri Lanka's national shipping line, has struck a deal with a member of a famous Greek shipping dynasty …
Southern Anchorage
June 20, 2008 (LBO) – The Sri Lanka Ports Authority has called for bids to build a new port in southern Galle, next to the existing harbour, an official …
Not Correct
HONG KONG, June 18, 2008 (AFP) - China has no plans to try and dominate the shipping lanes of the Indian Ocean, its ambassador to India said in Hong Kong …
Harbour View
June 16, 2008 (LBO) – The Sri Lanka Ports Authority (SLPA) is getting ready to make commercial use of its vast landholdings around the harbours in the …
Rail Loan
June 12, 2008 (LBO) – Sri Lanka's cabinet of ministers had given the nod to borrow 100 million US dollars from India to upgrade a part of the island's …
Debt Tool
June 10, 2008 (LBO) – The Sri Lanka Ports Authority (SLPA) plans to get a credit rating that will enable it to borrow abroad to fund harbour expansion …
Port Bids
June 09, 2008 (LBO) – Sri Lanka has re-appointed project committees to award a container terminal concession to expand Colombo port, with fresh bids …
Full Ahead
May 29, 2008 (LBO) – Colombo Dockyard, Sri Lanka's sole listed ship builder, said Thursday its March quarter net profit went up 22.5 percent to 245 …
On Track
May 27, 2008 (LBO) – Sri Lanka railways will almost double rail fares to reduce losses and its dependence on government handouts as fuel prices continue …
Gas Conversion
May 27, 2008 (LBO) – Sri Lanka's will give state assistance to convert petrol driven three-wheeler taxis to liquefied petroleum gas which can slash …
Bus Fares
May 25, 2008 (LBO) – Sri Lanka's bus fares will go up by an average 27.2 percent from Monday following a 37 percent rise in diesel prices on Saturday, an …
Port Contract
May 15, 2008 (LBO) – Sri Lanka has approved the award of a 46 million euro contract for a Denmark based firm to build a port in the eastern coast of the …
Repeat Business
May 14, 2008 (LBO) – Sri Lanka's Colombo Dockyard, a unit of Japan's Onomichi and the country's sole listed shipbuilder, has won two new orders from …
Fresh Start
May 08, 2008 (LBO) – The Asian Development Bank has agreed to change conditions on a loan to the Sri Lankan government to build a new deep-water harbour …
Eastern Anchorage
May 05, 2008 (LBO) – Construction work on a new port in Oluvil on Sri Lanka's east coast is to start on Tuesday as part of government efforts to revive …
Ship Building
May 02, 2008 (LBO) – Colombo Dockyard, Sri Lanka's sole listed ship builder, said it plans to invest 473 million rupees this year to upgrade yard …
Port Race
May 02, 2008 (LBO) – The Asian Development Bank (ADB) said Friday it has reached agreement with the Sri Lankan government on a 300 million dollar loan to …
Toll Expressway
May 02, 2008 (LBO) - The highway from the Sri Lankan capital Colombo to hill country town of Kandy will be developed into a toll expressway at a cost of 30 …
No Fixing
April 21, 2008 9LBO) A European Union directive to abolish shipping line 'conferences' or cartels by October should lead to more competition and enable …