(MENAFN- Colombo Gazette) A container ship caught fire off the Colombo harbour resulting in a major operation being launched to extinguish the flames. The Sri Lanka Navy said that it responded ...
A couple of weeks ago, Mazagon Dock Shipbuilders Limited (MDL), the Mumbai-based Government of India defence shipyard best ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...
The Indian Ocean has no shortage of distressed strategic assets: financially stressed yards, ports, and logistics ...
The MV X-Press Pear burned for 13 days just outside the Colombo harbour before rescue workers finally extinguished the blaze - Copyright AFP/File Manan VATSYAYANA The ...
China Merchants Port Holdings (CM Port) has invested the final tranche of USD 584.2 million in Sri Lanka’s Hambantota Port after acquiring an 85 percent stake in the port last year. The cheque to the ...