January 31, 2024
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4min
Over 300 oil and gas cargo vessels visited the Hambantota international Port (HIP) in 2023, recording a 132 percent increase in vessel calls compared to 2022.  A key reason for this is the port’s bunkering partner Sinopec actively operating in the market, bringing significant value addition to the HIP’s commercial operations.     The overall […]

January 23, 2024
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3min
Hambantota International Port (HIP) in partnership with the Sri Lanka Coast Guard and the Sri Lanka Navy, conducted an oil spill drill last week, to enhance their emergency preparedness.     “While all health and safety measures are in place to prevent accidents, we are also prepared for the unexpected.  Therefore, drills of this nature […]

January 8, 2024
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5min
On 30th December 2023, the Hambantota International Port (HIP) proved itself as the fastest growing RO-RO transshipment port in the region.  With 700,000 transshipment vehicles handled, the port marked a significant 26% increase from 2022 figures.  The milestone figure was achieved with Glovis vessel MV. HAE SHIN V.003B handling 3626 units for transshipment to Ulsan […]

November 27, 2023
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6min
      The Hambantota International Port (HIP) was awarded in the Corporate Social Responsibility category at the 10th Maritime Standard Awards 2023. HIP, who won the accolade for the second consecutive year, has actively worked on integrating its community programs to harmonise the operational aspects of the port with its sustainability initiatives. Johnson Liu, CEO […]

October 19, 2023
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4min
      In the complex world of maritime commerce, the efficiency of port operations plays a pivotal role in global trade. One crucial aspect that has gained prominence in recent years is Ship-to-Ship (STS) transfer operations. Prudential Shipping by MendisOne, one of Sri Lanka’s fast-growing Shipping Agencies, joins forces with Pace Marine, India to […]

September 26, 2023
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6min
      The Hambantota International Port Group (HIPG) has benchmarked a 500,000 ton volume in their bunkering business during the first eight months of 2023. The throughput which is five times in volume compared to 2022, is attributed to the port’s strategic partnership with Sinopec Fuel Oil Lanka Limited (SFOL), for the supply and […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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