• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

A fuel surcharge has been announced for Colombo feeders. Ranging from $25 to $50 per TEU, it will apply to all loaded and empty boxes feedered to and from the Sri Lankan port. Meanwhile, the state-owned container terminal in Colombo has unveiled plans to add berths for feeder vessels in a bid to raise productivity and reduce congestion as the volume of cargo increases and navigation restrictions intensify. The northern entrance to Colombo port is currently closed to ward o ff probable attacks by Tamil Tigers, with the result that only one navigation channel is open to traffic. This has led to congestion, long waiting time and rising costs. The proposed berths will be for smaller regional feeder vessels that call at the port for transhipment to various ports in South Asia via Colombo.

Our Bureau

More Stories on : Shipping | Taxation

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Port projects delayed

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line