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Thursday, September 01, 2011 - 05.45 GMT
Colombo port bunkering capacity to be boost by 50 %

 
The government plans to increase bunkering capacity at Colombo port by more than 50 percent as demand for marine fuel is rising along with an increase in its post-war shipping business.

The capacity at the Colombo port will rise to 45,000 tonnes from 29,500 tonnes with two new bunkering oil tanks, Sri Lanka Ports Authority said .

Sri Lanka has already secured $2.5 billion in investment for port-related activities as it prepares commercial operations in its new Hambantota port later this year.

Sri Lanka has planned to start operations in September at the 82,000 tonne capacity fuel bunkering terminal in Hambantota, located about 2 km from one of the world's busiest east-west shipping lanes.



 
                   
 
   
   
     
   
   

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Last modified: September 01, 2011.

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