Search results for: Port of Colombo

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  • 17 July 2019
    Business & Finance

    Construction of Port City Colombo, a brand new city development built as an extension of the Central Business District of Sri Lanka’s vibrant commercial capital, is steaming ahead, creating history for Sri Lanka day by day.  According to the Port City Colombo’s latest announcement, the Parliament of Sri Lanka is scheduled to take up a […]

  • 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 […]

  • 23 February 2018
    Business & Finance

    Sri Lanka’s Port of Colombo reached 6.2 million containers in December 2017, for the first time in its history.

  • 24 July 2018
    Business & Finance

    The trailing suction hopper dredger (TSHD) Xin Hai Feng, owned by CHEC Dredging Co., Ltd., conducted a rescue mission in the Port City Colombo’s outer breakwater area last week. Two fishermen, aged 64 and 57, had gone deep sea fishing in a rented boat on the 14th of July and had run into trouble when the engine […]

  • 24 December 2015

    Sri Lanka’s Port of Colombo has handled five million containers so far this year, for the first time in the port’s history. The port of Colombo has handled 4.7 million TEUs during the first eleven months of 2015, reflecting an increase of 5.9% compared to the previous year’s corresponding volume 4.4 million TEUs. Transshipment containers, including […]

  • 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 […]

  • 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 […]

  • 22 February 2016
    Business & Finance

    Sri Lanka Ports Authority (SLPA) is looking for a shipping company or a terminal operator to take over 49% of the remaining shares in its East Container Terminal (ECT) in Colombo. Sri Lanka’s Ports and Shipping Minister Arjuna Ranatunga revealed that the authority is launching a Request for Proposals (RFP) to continue the project in a more transparent […]

  • 19 April 2012

    According to Sri Lanka Ports Authority, as an effective measure to ease the long berthing delays experienced by Roll on Roll off vessels at the Port of Colombo, SLPA has decided to route all such vessels to the Magam Ruhunupura Mahinda Rajapaksa Port with effect from May 31, 2012 with consultation of shipping lines and […]

  • 3 January 2017
    Business & Finance

    Sri Lanka-based Colombo International Container Terminals (CICT) has recorded a 28 percent increase in its yearly container volume, handling 2 million TEUs in 2016, compared to 1.56 million TEUs seen in 2015. The high container volume has enabled the Port of Colombo, where the container terminal is located, to see overall growth in the three […]

  • 15 March 2013

    Colombo International Container Terminals Ltd. General Manager Tissa Wickramasinghe was invited to be a guest speaker at the third annual Global Liner Shipping Conference which was held in Dubai on 25 and 26 February 2013. Being the only speaker from Sri Lanka, the subject allocated to him was the latest port development in Colombo and […]

  • 30 January 2018
    Business & Finance

    Jaya Container Terminal (JCT) witnessed a steady growth of operating volumes since October 2017.

  • 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 […]

  • 25 November 2014
    Business & Finance

    CMA CGM Group is dividing its Asia-East Africa (ASEA) service into two distinct services starting December 2014, the world’s third largest shipping company said in a release. ASEA Kenya will provide 4-day reduction in transit times to Kenya on the following rotation: Singapore, Tanjung Pelepas, Port Kelang, Colombo, Mombasa, Colombo, Singapore; while ASEA Tanzania will provide 8-day reduction in […]

  • 11 October 2013
    Business & Finance

    On August 5th following the construction of the International Port of Colombo South Container Terminal Project in Colombo, Sri Lanka, an opening ceremony was held to officially open the Port for use. President of Sri Lanka, Mahinda Rajapaksa was present at the site, as well as China Communications Construction Company’ s Assistant President, Song Hai […]

  • 11 December 2019
    Business & Finance

    Newly reclaimed land for the Port City Colombo project, conducted by China Communications Construction’s subsidiary CHEC, was officially declared as part of Sri Lanka on December 7. According to China Communications Construction, this momentous occasion was celebrated by CHEC Port City Colombo under the patronage of Sri Lankan Prime Minister, Mahinda Rajapaksa, and the Chinese […]

  • 24 February 2016
    Business & Finance

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

  • 22 April 2005

    A scheme to make the shallow strait between India and Sri Lanka navigable has upset environmentalists and the port of Colombo. To its supporters, it is a dream project, no less than the

  • 19 April 2012

    As an effective measure to ease the long berthing delays experienced by Roll on Roll off vessels at the Port of Colombo, SLPA has decided to route all such vessels to the Magam Ruhunupura Mahinda Rajapaksa Port with effect from May 31, 2012 with consultation of shipping lines and importers. However some parties have made […]

  • 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. […]

  • 5 January 2016

    Sri Lanka’s port of Colombo wants to secure a spot among the top 20 global container ports and now seems to be the perfect time to do so seeing that major global ports have seen their cargo throughput decline in 2015 whereas Colombo experienced growth. Namely, the Port of Colombo marked a growth of 5.9% compared to […]

  • 28 July 2014
    Business & Finance

    The Sri Lanka Government has identified Colombo Port Expansion Project (CPEP) as a way to cater to the increasing demand for services in the international shipping industry.   The project consists of two phases, the first being harbour infrastructure works such as construction of breakwaters, dredging for new harbour basin and navigation channel and rerouting […]