Boosting Sri Lanka’s international investment profile, the world’s largest shipper Maersk Line is moving for Sri Lanka entry. The Danish multinational Maersk Line has been the world’s largest container shipping company since 1996. It operates 604 container vessels across the world and calls on 343 ports in 121 countries. New Delhi based Danish Ambassador for Sri Lanka Peter Taksøe-Jensen revealed the Maersk Line's breakthrough entry plans for Sri Lanka when he paid a courtesy call on Sri Lankan Minister of Industry and Commerce Rishad Bathiudeen. He was joined by the Leading Lankan Businessman and Danish Honorary Consul General in Colombo Harold (Harry) Jayawardena and a visiting New Delhi based Danish embassy official. “The political developments in Sri Lanka are very interesting to follow. Still we also need to focus on bilateral economic objectives” said Danish Ambassador Taksøe-Jensen. Taksøe added: “Some of the largest Danish multinational firms are interested in investing in Sri Lanka. The world’s largest container shipper Maersk Line is a Danish firm. I am pleased to say that it is planning to enter Sri Lanka and looking to invest in a new container facility and join the Colombo port expansion-and set up a warehouse facility as well."
Noting that security of India and Sri Lanka was "indivisible", Indian Prime Minister Narendra Modi strongly pitched for enhanced cooperation in key areas of maritime security and counter-terrorism. India’s PM addressing the Sri Lanka Parliament said India and Sri Lanka are two countries at the crossroads of the Indian Ocean and Sri Lanka's leadership and partnership will be vital for building a peaceful, secure, stable and prosperous maritime neighborhood.
Sri Lanka Navy thwarted Liberation Tigers of Tamil Eelam militant attacks and saved the lives of 854 unarmed soldiers, who traveled from Kankesanthurai to Trincomalee in a passenger vessel on August 1. According to report Sri Lanka Naval sea unit confronted a cluster of LTTE suicide boats at the harbor entrance of Trincomalee. Naval sources confirmed that the passenger vessel has been navigated to a distance safely into the international waters and no casualties were caused during the
ShipConstructor Software Inc. (SSI) is expanding its presence in Korea, India, Bangladesh, Sri Lanka and Pakistan with the appointment of new dealers Nova Solution Corporation and Harsha Marine Designers. The former be SSI’s dealer in the Korean market, and the latter will represent India, Bangladesh, Sri Lanka and Pakistan.
The European Commission proposed a ban on imports of fish from Sri Lanka for not tackling illegal fishing properly and lifted a ban on fish imports from Belize following the reform of its vessel inspection practices. The Commission on Tuesday also lifted warnings on Fiji, Panama, Togo and Vanuatu, saying they had implemented concrete measures to combat illegal fishing. The four countries thus avoided being placed on the "red list" of nations that are not allowed to sell fish to
Sri Lanka and India exchanged the fishermen who were detained in each other's jails for trespassing into their territorial waters. A total of 15 Indian fishermen, who were in the custody of Sri Lankan authorities, reached Karaikal, while Indian Coast Guard handed over 10 Lankan fishermen and two of their boats to the Island's Coast Guard. According to an official release, Coast Guard ship ICGS Rajdhwaj received the Indian fishermen from Lankan authorities near the Indo
Sri Lanka Declared War Risk Zone, Shipowners to Pay Sri Lanka said Lloyds of London has declared the country as a war-risk zone which could result in hefty surcharges for ships entering the country's main port and hurt the trade-dependent economy. Surcharges of up to $150,000 could be slapped on larger ships entering Colombo port along with further charges for the amount of cargo carried. "Reinsurers in London have imposed a surcharge on insurance which we feel is completely unreasonable
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)
Indian Prime Minister Narendra Modi assigned senior officials in the Ministry of Defence with a task to “identify” and “support” maritime needs of smaller nations in the IOR is being undertaken so as to counter the Chinese presence in the region, says government sources. This forms a strategy in which the government is looking at supporting the maritime infrastructure of friendly foreign countries
Mitsui O.S.K. Lines (MOL) announced launch of the new China/West Coast India service (CIS). This new service is in addition to MOL’s existing Nhava Sheva Karachi Express (NKX) service which together will enhance coverage between ports in India and China, Singapore, Malaysia and Sri Lanka. Port Rotation (Turn Around: 42 days) Qingdao – Shanghai – Ningbo – Shekou – Singapore – Port Kelang –
China's CCCC said on Tuesday it had approval to restart the construction of its $1.4 billion real estate project near Colombo's port that was suspended a year ago on the orders of the Sri Lankan government. Sri Lanka's cabinet last week granted approval for China Communication
Maersk Line becomes the first liner to operate from Kakinada port which offers customers global coverage. Maersk Line India has added a new port of call into Kakinada connecting Colombo and onwards connectivity to West Africa and South Africa
Sri Lanka's Minister of State for Defence Ruwan Wijewardene visited the Goa Shipyard Limited (GSL) at the Vasco town, located around 40 kms from Panaji in India and inspected Sri Lankan ships under construction, the Press Trust of India reported.
* Maersk Line will introduce a simplified process for obtaining the Landing Certificates from May 1st , 2016 * Maersk line waives off the Landing Certificate fee of INR 1000 Mumbai, 25th April, 2016: Maersk Line India has taken a major leap towards simplifying the Landing
Port and Shipping Minister Arjuna Ranathunga said he plans to bring the Colombo Port to be among the top 20 global container ports. He said every possible step has been taken to facilitate all employees and staff of the institution to perform their fullest duty towards Sri Lanka Ports
U.S. Pacific Fleet Commander, Admiral Scott Swift questioned the motive behind China deploying submarines for anti-piracy operations in the Indian Ocean, reports PTI. The comments come in the backdrop of India’s growing concerns over rapid expansion of Chinese maritime
GAC Dubai’s introduction of a suite of practical innovations to improve safety in working conditions and reduce the company’s carbon footprint has won it the Group Chairman’s Award for HSSE (Health, Safety, Security and Environment) Excellence for 2015.
The Chinese-built Colombo International Container Terminals (CICT), which opened for business in 2014, has made significant gains in container handling last year surpassing 1.5 million TEUs, according to local media. The Terminal has set a record in 2015 with handling 1
As of February 1, Mohammed Ahmed is appointed new Regional Manager of Svitzer Middle East & Africa, including the Indian subcontinent and Sri Lanka. Ahmed has been with the Maersk Group for 11 years, most recently working as Maersk Line Cluster Manager of Africa Horn Cluster in Addis
Lloyd’s Register (LR), world’s leading engineering, technical and business services organization announced today that it has been appointed by LAUGFS Gas PLC (LAUGFS) to handle key safety and quality checks of the LPG terminal at Hambantota Port
APM Terminals Mumbai became the first Indian container terminal to go paperless by providing shipping lines electronically with the required Export Form 13 for export containers entering the terminal by truck. Building upon the success of the Export e-Form 13
The world’s largest container shipping company Maersk Line said that it will increase the rate from north Europe to west central Asia by US$100 per TEU, $150 per FEU and 40-foot high cube from March 1. This will apply to shipments from Finland, Russia, Lithuania, Estonia
India’s biggest private port operator Adani Ports and Special Economic Zone (APSEZ) is actively looking at acquisitions to complete its “string of pearls” ports strategy, reports Livemint. CEO Karan Adani is leading the drive, it adds.
A runaway container vessel which was involved in a hit and run accident with two other vessels was seized by the Malaysia Maritime Enforcement Agency (MMEA) DM 7 Tanjung Sedili District in the waters of Tanjung Ramunia. The accident
Mesawa service will improve transit time into Pointe Noire, Matadi and Libreville Maersk Line to focus on increasing market share into these territories The enhanced Mesawa service called on Mundra Port, on the 8th of March, 2016