Business
Cement raw material shipments kick off Hambantota Port operations 2022
Hambantota International Port (HIP) had a robust start to the new year, with 6 supply cargo ships at the port in January 2022, discharging raw materials for the cement industry. The consignees were Lanwa Sanstha Cement Corporation (Pvt) Ltd., and INSEE Cement, leading cement manufacturers operating in the Southern part of the country. Both companies entered into strategic partnerships with HIP in the latter part of 2021, to increase their supply chain efficiency. HIP handled a total volume of 265,163.34 MTs of cement raw material for the 2 manufacturers in January this year.
Vessels Tang Binh 245, Unity and Dubai Crown carried shipments of clinker, gypsum and slag for Lanwa Sanstha Cement. These were the first ships calling at the port with raw material for Lanwa Sanstha Cement, following the signing of the agreement with HIP last year to establish a covered conveyor belt and two ship unloaders within the port premises. The facility which is currently under construction, will deliver raw material consignments directly to their manufacturing plant at the Mirijjawila BOI zone.
Tang Binh 245 at the Hambantota Port to discharge 27,607 MT of clinker.
“Two major cement manufacturers, INSEE and Lanwa are currently working with HIP. While HIP is developing and offering services as a multipurpose port it is also supporting industries and enabling the development of adjacent areas. As much as HIP will see a considerable increase in our bulk volumes, with the commencement of the Lanwa factory, we expect Lanwa Sanstha Cement to have a significant advantage through the logistical arrangements of our port operations,” says Johnson Liu, CEO of HIPG.
Thusith Gunawarnasuriya, CEO of Lanwa Sanstha Cement says their plant, which will be the first of its kind using cutting edge European technology, will soon commence operations. “We will commence manufacturing during the first quarter of this year and optimise production to meet market demand. We are very happy with our collaboration with Hambantota International Port, and the handling of our first three cargo ships for the year carrying raw material for our manufacturing process went smoothly. The port crew was efficient and worked with remarkable speed, which is of great value to us,” he said.
There were 3 consignments of clinker and slag for INSEE Cement also in January. INSEE who has worked with HIP since 2018 was the port’s first customer for dry bulk cargo, enabling the port to handle a volume of over 1 million metric tonnes for them last year.
The Hambantota International Port expects their partnerships with the two cement manufacturers to strengthen their supply chains and productivity, enabling them to meet the high demand for cement in the construction industry. HIP, which is on a steady track to becoming a fully functional multi-purpose port, with continuous testing of its systems for optimum efficiency, is now delivering productivity levels setting benchmarks in the region.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”