Sri Lanka's cabinet has approved the awarding of a $180 million deal for three offshore patrol vessels for the country's coast guard to Colombo Dockyard , a government document said on Wednesday. Colombo Dockyard has agreed to arrange a loan for the deal, with 40 percent provided by the Japanese Funding Institution of JBIC, another 40 percent from Bank of Tokyo Mitsubishi UFJ, and the rest from a tied commercial term loan facility, the document said. Dockyard, located in Colombo port, is Sri Lanka’s largest engineering facility in the business of ship repair, shipbuilding, heavy engineering and offshore engineering. (Reporting by Shihar Aneez)
According to a report from the Daily News out of Sri Lanka, the Colombo Dockyard undertook to handle two LPG carriers which will generate around $1.6m to the country, Colombo Dockyard Managing Director Mangala Yapa told Daily News Business. The Shipping Corporation of India, owned LPG carriers Nanga Parbat (17,601DWT) and Anapurna (17,601DWT) sister ships called in for lay up and dry docking repairs during February and March 2011 respectively. (Source: Daily News)
Colombo Dockyard Ltd. (CDL) said it was in the preliminary stage of talks with Croatian shipbuilders on possible collaboration but says there is no joint venture plan for a yard in Hambantota. It said in a statement to the Colombo Stock Exchange that the idea of possible collaboration in shipbuilding between Croatia and Sri Lanka was mooted by the Sri Lanka mission in Vienna. Last Thursday, minister for enterprise development and investment promotion, Sarath Amunugama
According to a report from the Sunday Times, Colombo Dockyard, of which Japan's Onomichi Dockyard has a 51% stake, has released its financials for the twelve months to end-December 2010, indicating a group revenue of Rs. 14.5b, compared to Rs. 13.49b for the same period last year. However, it was an increase in group cost of sales to Rs. 11.22b, from Rs. 9.98b. (Source: the Sunday Times)
Singapore's Greatship Global Offshore Services Pte. Ltd. takes delivery of the vessel from Colombo Dockyard, Sri Lnaka. Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a Platform/ROV Support Vessel, Greatship Ragini. Greatship Ragini is a DP2 vessel
For the first time in history the Port of Colombo reaches 05 million container operations. To mark the ocassion, a ceremony will be held tomorrow, Monday 21st December 2015 at the Jaya Container Terminal of Sri Lanka Ports Authority , with the initiative of Hon.Minister of Port and Shipping Arjuna Ranathunga. With the latest initiatives implemented at Sri Lanka Ports Authority (SLPA), its operational volumes show a rapid growth compared to similar periods
CMA CGM has introduced its new Bengal Bay Express service, operated with 11 vessels of 6,500 TEU on a weekly basis, in a continuous effort to provide its customers with the best quality service. Bengal Bay Express has the following features: New direct Thailand, Singapore and Colombo calls to US East Coast and Canada Fast connection from Chittagong and South East India via Colombo to US East Coast and Canada
On 10 September EUNAVFOR Operation ATALANTA assets intercepted and forcibly stopped a suspected Somali Pirate skiff which was involved in the abduction of a crew member from the French Sailing Yacht (SY) TRIBAL KAT. The successful operation resulted in the safe release of Mrs Colombo, who was unharmed. Seven persons suspected of carrying out the pirating and abduction have been detained. On 8 September, responding to a distress call
Containerized volumes are steadily increasing on the East Coast of India. Keeping pace with the growth, Krishnapatnam Port Co. Ltd. (KPCT) now offers a new service to the Gulf sector. Simatechin association with Evergreen Line recently launched a joint CCG Service.The first sailing of this weekly service commenced at KPCT by the maiden call of M.V. Taroko on May 21, 2015. This 28 day service will utilize four container ships of around 2
Sri Lanka's cabinet said on Thursday it would allow a $1.5 billion "port city" deal with China to go ahead, apparently dropping its earlier threats to cancel the project, approved by the last government. Cabinet Spokesman Rajitha Senaratne said new President Maithripala Sirisena would however discuss with Beijing controversial arangements over the freehold of land to be used, when he visited China in March.
As Denel gets ready to revive the Naval Dockyard facilities in Simonstown, the company is collaborating with thyssenkrupp Marine Systems (tkMS) for joint support of the South African Navy frigates and submarines. Denel, which is a global supplier of defense products and solutions
As Denel gets ready to revive the Naval Dockyard facilities in Simonstown, the company is collaborating with ThyssenKrupp Marine Systems GmbH (tkMS) for joint support of the SA Navy frigates and submarines. Denel, which is a global supplier of world-class defence products and
INS Darshak, a Hydrographic Survey ship of Eastern Naval Command (ENC), India departed on a two-month long deployment for undertaking two Joint Hydrographic surveys along with the Sri Lankan Navy on 03 March 2017. The pioneer surveys will be conducted with Sri Lankan
Tanker shipping company d’Amico Tankers agreed with Hyundai Mipo Dockyard Co.Ltd. – South Korea to postpone the delivery of its first newbuilding LR1 (Long Range – 75,000 dwt)from April 2017 to October 2017. This agreement follows a specific request of an oil major
Odfjell SE has announced the signing of long term charter agreements for two chemical tankers with stainless steel cargo tanks, for construction in Japan. The agreement includes two vessels of 35,500 dw tonnes and 28 stainless steel cargo tanks
Seychelles Coast Guard Patrol Ship (SCGPS) Topaz has completed her Medium Refit and has been handed over to Colonel Simone A Dine, Commander Seychelles Coast Guard by Rear Admiral Narayan Prasad, NM, Admiral Superintendent, Naval Dockyard, Visakhapatnam on 16 February 2017.
In line with the West Africa market trend, CMA CGM Group adapts its service offering while continuing to improve its service reliability and cost efficiency. Starting 1st week of March 2017, CMA CGM Group has decided to streamline its product offering from 5 to 4 direct weekly
Scorpio Tankers Inc. announced today that the Company has received commitments for a loan facility of up to $172 million from a group of financial institutions including Macquarie Bank Limited (London Branch), DekaBank Deutsche Girozentrale ("DekaBank")
Colombo International Container Terminals (CICT) has reported a throughput of two million TEUs for the 12 months ending 31 December 2016, a year-on-year growth of 28 percent in volume, enabling the Port of Colombo to register overall incremental growth during three consecutive years.
The top four Korean shipbuilders have 2.3 trillion won ($1.9 billion) in notes maturing next year, the most in Bloomberg-compiled data going back to 1997. Bloomberg reports that some of them may have trouble paying debts without help from the government or group firms
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.” Lindanger - World’s First Methanol Fueled Tanker
To enhance bilateral maritime relations, Indian Chief of Naval Staff Admiral Sunil Lanba, has embarked on a five-day visit to Sri Lanka. According to an official statement: "The visit is intended to consolidate and enhance the bilateral maritime relations between India and Sri
The Shipping Corporation of India Ltd. (SCI) accepted delivery of a secondhand Multipurpose Support Vessel (MPSV) M.V. “SCI Sabarmati” today i.e. 18th November, 2016 at Singapore. This vessel is 2013 built, at Colombo Dockyard Ltd
The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea
Members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line, signed a document entitled the Day One Product, which sets out the proposed OCEAN ALLIANCE’s network, including port rotation for each service loop.