Chinese Firm Pays $584 Million to Secure 99-Year Lease of Sri Lanka Port
COLOMBO, June 20 (Reuters) – China Merchants Port Holdings has made a $584 million payment as part of a $1.12 billion deal to operate Sri Lanka’s deep sea Hambantota port,...
COLOMBO, June 20 (Reuters) – China Merchants Port Holdings has made a $584 million payment as part of a $1.12 billion deal to operate Sri Lanka’s deep sea Hambantota port,...
by Ranga Sirilal and Shihar Aneez (Reuters) – Sri Lanka signed a long delayed $1.1 billion deal on Saturday to lease its southern Hambantota port to China ignoring an appeal...
COLOMBO, March 1 (Reuters) – Sri Lanka’s cabinet has approved the awarding of a $180 million deal for three offshore patrol vessels for the country’s coast guard to Colombo Dockyard...
By Shihar Aneez and Ranga Sirilal COLOMBO, Aug 5 (Reuters) – On Monday, Sri Lanka commenced the first phase of a $500 million container terminal, part of a Chinese-funded expansion...
Images via Sri Lanka Navy While enroute to Zhangjiagang, China, the chemical tanker Fairchem Sabre responded to a distress call from an overcrowded trawler which was packed full of 73 Sri...
By Ranga Sirilal and Shihar Aneez COLOMBO – Myanmar nationals rescued from a sinking ship by the Sri Lankan Navy have told of throwing 98 people overboard after they died...
By Shihar Aneez and Jonathan Saul COLOMBO/LONDON, Jan 17 (Reuters) – An Iranian-flagged cargo ship has fled Sri Lanka’s waters after weeks of detention by its navy, acting on a...
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