Category: Shipping and Transport
President Vows to Keep Vehicle Imports Open for Sri Lankan Market
President Anura Kumara Dissanayake has announced that there will be no further tax increases or restrictions on vehicle imports. In a stern message, he also criticized those spreading rumors for creating “unnecessary panic” and putting “pressure on the dollar.” Addressing the Parliament, the President sought to provide stability and confidence to the local automotive market […]
“Dream Destination” Project Commenced Renovation of 100 Railway Stations
President Anura Kumara Disanayake stated that the primary objective of the current Government is not to pursue incremental reforms within the existing framework, but rather to transform and elevate the nation to a significantly higher level of development. The President emphasized that the current political leadership has already taken steps to break away from the […]
PickMe Delivers Rs. 1.17 bn PAT for FY2024/25 — Stellar First Full-Year Results Post-IPO
PickMe announced its financial results for the fiscal year ended 31 March 2025, reporting a Profit After Tax (PAT) of Rs. 1.17 billion, marking a 72% year-on-year increase. The Company also recorded its strongest quarterly performance to date, with accelerated growth across both revenue and profitability metrics. Group revenue grew by 49% to Rs. 5.8 […]
Korean Ambassador Explores Investment Opportunities at Hambantota Intl. Port
The Ambassador for the Republic of Korea in Sri Lanka, Ms. Miyon Lee visited the Hambantota International Port (HIP), in late May, to explore potential business collaborations and assess the port’s operational capabilities for Korean investment and trade. During a guided tour of HIP’s state-of-the-art facilities, the Ambassador and her entourage comprising Deputy Head of […]
Hambantota International Port Group Enhances Vehicle Clearance Efficiency
Hambantota International Port Group (HIPG) has responded decisively to recent complaints regarding delays in vehicle clearance. Since February 2025, more than 9,151 vehicles, both used and brand new, have entered the country through the HIP, placing increased demand on port operations. In light of this, the Hambantota International Port Group (HIPG) has implemented a series […]
Sri Lanka Ports Authority Welcomes MSC MARIELLA – The Largest Container Vessel Ever to Call at Sri Lanka
Marking a historic milestone for Sri Lanka’s maritime industry, the ultra-large container vessel (ULCV) MSC MARIELLA, one of the largest container vessels in the world and the largest in the MSC fleet, made its maiden call at the Colombo East Container Terminal (CECT) of the Sri Lanka Ports Authority (SLPA) at the Port of Colombo […]
IGT 1 officially on-boards at Business Centre at Port City Colombo
IGT 1 Outsourcing Lanka (Private) Ltd, hereafter referred to as ‘IGT 1 Lanka’, the subsidiary of IGT Holding I Sweden AB, and sister company of IFS Sri Lanka, recently signed an agreement to officially on-board as office tenant at the Business Centre at Port City Colombo. The leasing agreement was signed by Sal Laher, IGT […]
First Seven Seals RORO Vessel Carrying Used Vehicles Arrives at HIP Post Removal of Import Restrictions
Hambantota International Port (HIP) received a consignment of 1,560 used vehicles last week, marking the first shipment on a Seven Seals vessel to the port since the lifting of the import ban. Among the arrivals were four High and Heavy units, with the rest comprising popular models such as the Toyota Land Cruiser, Prado, BMW, […]
CMA CGM SILVERSTONE Makes Maiden Call at Hambantota International Port
The Hambantota International Port (HIP) welcomed vessel CMA CGM Silverstone, a pure car carrier operated by CMA CGM, marking her first-ever call at a Sri Lankan port. This milestone emphasises the growing significance of HIP as a regional hub for vehicle transshipment. The 200-meter-long, LNG powered, CMA CGM Silverstone sailing under the Maltese flag, was […]
Second Lot of Vehicles for Domestic Market Discharged at HIP
Continuing to strengthen its role as a key automotive shipment hub, Hambantota International Port (HIP), successfully discharged the second batch of vehicles for the domestic market last week. A total of 1,159 vehicles were handled during the ship’s call, including 462 BYD vehicles designated for the Sri Lankan market. The overall operation entailed the discharge […]
Hapag-Lloyd Senior Delegation Meets with Sri Lanka Ports Authority Leadership
A high-level delegation from Hapag-Lloyd, one of the world’s leading shipping lines, met with the Sri Lanka Port Authority’s Chairman -Admiral Sirimewan Ranasinghe and the Managing Director – Eng. Ganaka Hemachandra on March 4, 2025. SLPA’s Vice Chairman – Eng. Herath M.P. Jayawardhana, Director (Operations) – Mrs. G. Zavia Miskin and Director (Marketing and BD) […]
Japan to Invest in Sri Lanka’s Digital Transformation and Port Development
President Anura Kumara Disanayake met with Ambassador of Japan to Sri Lanka, H. E. Mr. Akio ISOMATA, this morning (27) at the President’s Office. During the meeting, the Ambassador officially invited President Disanayake to visit Japan and expressed appreciation for the new government’s policy framework. The Japanese Ambassador stated that efforts have been made to […]