COLOMBO Archives - Page 2 of 2 - Maritime Shipping News

Bangladesh shippers hard hit by low-sulphur bunker fuel surcharges

27 January 2020

Shippers in Bangladesh sending a 40ft container from Chittagong to the deepsea transhipment hubs of Colombo and Singapore must pay a $100 per box bunker adjustment factor (BAF) low-sulphur surcharge.
“Some operators have been collecting the surcharge since December and some in January to adjust the fuel oil price hike,” said Iqbal Hassan, general manager of local ship agency and customs brokerage QC Shipping.
He added that from Chittagong to Europe and the …

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Ambitious Sri Lanka wants to become a global maritime and logistics centre

13 November 2019

Sri Lanka has ambitions to move up from being a south Asia transhipment hub to a global maritime and logistics centre on a par with Dubai and Singapore.
“Geographically, what a lot of people don’t understand, is Sri Lanka has immense advantages,” said Rohan Masakorala, chief executive of Shippers’ Academy Colombo.
“We’re in the middle of the Indian Ocean, with these two hubs almost equally either side: Sri Lanka is four days’ …

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Another trade route for Bangladesh with new Biman flights to Manchester

7 October 2019

Bangladesh has found a new trade route, at a time when its export market is booming.
Exports hit an all-time high of BDT279.82bn ($3.3bn) in July, the latest data available, showing a near-20% rise on June.
As the world’s second-biggest apparel exporter, after China, it is likely to have benefited from US tariffs on Chinese goods.
From January, Biman Bangladesh Airlines will operate a thrice-weekly service between Manchester and Dhaka, using a 787, via the …

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Container terminal – alternative to the Colombo planned

4 July 2019

The Andaman and Nicobar Islands Administration plans to develop a container transshipment terminal with the Free Trade Warehousing Zone in South Bay, Great Nicobar Island, to provide Indian shippers an alternative to the Colombo, Singapore and Port Klang (Malaysia) transshipment ports.

The Port Management Board, Andaman and Nicobar Islands, has called for an Expression of Interest (EoI) from global players to participate in the terminal development under the private-public-partnership mode. The...

https://container-news.com/container-terminal-alternative-colombo-planned/

Win-win deal between SL and Bangladesh

8 October 2018

Sri Lanka and Bangladesh have finalized the much awaited Coastal Shipping Agreement, and it will be signed shortly, Development Strategies and International Trade Minister Malik Samarawickrama told a recent forum in Colombo.

The agreement will allow third party access for Sri Lankan vessels to East Indian ports, he said.

“Coastal Shipping agreement between Sri Lanka and Bangladesh will be signed very soon after receiving Cabinet approval, which will also permit third country port usage— meaning...

http://container-news.com/win-win-deal-sl-bdesh/

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