Change of direction for Sri Lanka Shipping

Change of direction for Sri Lanka Shipping

Sri Lanka Shipping Co has outlined a new business strategy ditching bunkering and port agency businesses in favour of other “niche markets”.

The company revealed in a statement that it has bought a new tug which will serve Colombo port and other ports in the region. The vessel will start operating in February.

“The primary objective is to serve Port of Colombo, failing which we shall position her in the Middle East or Port Qasim in Pakistan who had already indicated a requirement for a 75 ton Bollard Pull tug,” the company said in a statement, adding that a second tug could be bought too.
“The new focus of the company is to capture the opportunities in niche markets in the maritime industry,” Sri Lanka Shipping said.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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