Colombo Dockyard Is Back In Business

Wednesday, July 26, 2000

Colombo Dockyard Ltd resumed operations on Wednesday after successful negotiations with unions following a week-long dispute. The Sri Lankan ship builder stopped operations last Thursday after its workforce protested about overtime limitations. Colombo Dockyard was privatized in 1993 when the government sold a 51-percent stake to Japan's Onomichi Dockyard Co. Ltd.

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