Win-win deal between SL and Bangladesh

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/

Milestone for Colombo yard

Colombo Dockyard PLC (CDPLC) ceremonially launched its first ever Cable Laying Vessel, which is being built for Kokusai Cable Ship (KCS) of Japan, on 3rd September 2018. This is the biggest ever vessel, price-wise as well as length-wise, to be built by CDPLC in its history and is the first ship of its type to be constructed in Sri Lanka for Japanese clients.

The ceremonial launching of a vessel is the process of transferring the vessel to the water for the first time, breaking a ‘pot of milk’...

https://www.themaritimestandard.com/milestone-colombo-yard/