Sri Lanka Ports Authority

U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million

Retrieved on: 
Mercredi, novembre 8, 2023
Maritime, Transport, Other Construction & Property, Logistics, Supply Chain Management, Commercial Building & Real Estate, Construction & Property, Adani Group, DFC, Small business, SEZ, U.S. International Development Finance Corporation, Government, Port of Colombo, Adani Ports & SEZ, Port, Multimedia, John Keells Holdings, JKH, Shri, Special economic zone, Private sector, Sri Lanka Ports Authority, Bay, CWIT, USD, Commerce, Investment, Agriculture, Renewable energy

U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.

Key Points: 
  • U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.
  • Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority – to the tune of USD 553 million.
  • View the full release here: https://www.businesswire.com/news/home/20231107733135/en/
    U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million (Photo: Business Wire)
    DFC, the U.S. government’s development finance institution, partners with the private sector to finance solutions to the most critical challenges facing the developing world.
  • “Sri Lanka is one of the world’s key transit hubs, with half of all container ships transiting through its waters.

Sri Lanka Port Authority has Gone Live with Navis N4 at Colombo Port to Improve Services with Advanced TOS Technology

Retrieved on: 
Jeudi, juillet 1, 2021
Data management, Maritime, Technology, Transport, Logistics, Supply chain management, Software, Kingdom of Kotte, Port of Colombo, Sri Lanka Ports Authority, Argo Navis, Navis, LLC, Cargotec Corporation, NAVIS, LLC, CARGOTEC CORPORATION

The transshipment port operates at 2.5 million TEU annually, and was developed to accommodate deep water berths and the latest mainline vessels.

Key Points: 
  • The transshipment port operates at 2.5 million TEU annually, and was developed to accommodate deep water berths and the latest mainline vessels.
  • As its business was growing, SLPAs Colombo Port needed an advanced TOS to update its offerings and aid in its business goals of modernizing the facility to ensure enhanced safety, efficiency and productivity at its location.
  • The Steering Committee at SLPA noted, Working with Navis on the implementation of N4 at Colombo Port has been a collaborative effort from Access International, Navis & SLPA teams.
  • Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk.