December 30, 2024
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5min21
As Hambantota International Port (HIP) gears up to enhance its container operations with the introduction of advanced crane technology in early February 2025, Wilson Qu, CEO of Hambantota International Port Group (HIPG), emphasized the port’s commitment to exploring untapped markets to expand its portfolio. This strategic initiative aims to significantly boost container volumes and solidify […]

December 23, 2024
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4min15
Hambantota International Port (HIP) experienced a modest increase in cruise ship arrivals in 2024, marking a significant shift in the origin of vessels calling at the port. While there was a noticeable decline in cruise ships originating from the Indian subcontinent, the port saw a substantial rise in ships arriving from Europe. Of the 23 […]

December 19, 2024
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3min34
Following Hambantota Port Group’s (HIPG) recent investment in upgrading crane facilities to expand container operations at the Hambantota International Port (HIP), Comfort Mattress Lanka (Pvt) Ltd. has become the first investor to seize the opportunity to set up operations in the port’s industrial park. With an investment of USD 25 million, the project targets key […]

December 16, 2024
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5min17
Hambantota International Port (HIP) has once again received international recognition for its outstanding handling of RORO (Roll-On/Roll-Off) transshipment operations. The accolade was presented during MOL’s (Mitsui O.S.K. Lines) Annual Stevedore Meeting for India and Indian Ocean Region, held in Chennai. MOL commended HIP for achieving zero cargo damage and maintaining safe Pure Car Carrier (PCC) […]

December 5, 2024
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5min13
The Hambantota International Port (HIP) supported a joint initiative by the Japan External Trade Organization (JETRO) and the Hambantota Chamber of Commerce, which are on an initiative to attract investments into the southern hinterland of Sri Lanka. In line with JETRO’s business engagement in India, the delegation of investors consisted mainly of Japan-based business organisations […]

November 22, 2024
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5min2
The Hambantota International Port Group (HIP) was recognised as one of Sri Lanka’s most women-friendly workplaces at the recently held ‘Women Friendly Workplace Awards 2024.’ The prestigious event, organised by leading women’s magazine Satyn in collaboration with AICPA & CIMA, celebrated over 30 companies from various industries, committed to promoting gender equality and empowering women […]

November 7, 2024
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5min0
The Sri Lanka Shippers’ Council, led by its Executive Committee, conducted a comprehensive visit to the Hambantota International Port (HIP) last week, emphasising its critical role in Sri Lanka’s future economic development. Chairman of the Council, Sean van Dort who headed the 42 member delegation said it had been a pleasure for Council members to […]


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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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