Business
Iran seizes oil tanker St Nikolas near Oman
Iran has seized a Marshall Islands-flagged oil tanker in the Gulf of Oman.
Armed men wearing masks reportedly boarded the vessel St Nikolas, close to the Omani port of Sohar, and ordered it to sail to an Iranian port.
Iranian state media, quoting the navy, said the seizure was in retaliation for the ship and oil it had aboard being confiscated by the US last year.
The St Nikolas was in transit between the Iraqi port of Basra and its intended destination in Turkey.
UK Maritime Trade Operations said on Thursday it had received a report that four to five “unauthorised persons”, reportedly wearing “military style black uniforms with black masks”, had boarded the ship at 03:30 GMT. They added that communications with the vessel had been lost and the authorities were investigating. Iranian state media quoted the army as saying the vessel is American, although it is Greek-owned.
The company that manages it, Empire Navigation, said it was loaded with 145,000 tonnes of crude oil and was carrying 18 Filipinos and one Greek citizen as crew.
The St Nikolas was seized in April by the US under its previous name, the Suez Rajan, as part of sanctions enforcement against Iran. Suez Rajan Limited, which formerly chartered the ship, later pleaded guilty to conspiring to violate sanctions by covertly selling and transporting oil abroad on behalf of Iran.
The US has called for the immediate release of the vessel and its crew, describing the seizure as the latest attempt by Iran to disrupt international commerce. “We believe this kind of action will simply add uncertainty for commercial shipping and for regional and global economies,” said US State Department spokesman Vedant Patel.
This latest act appears to be separate from attacks carried out by Houthi rebels from Yemen in the Red Sea on the opposite side of the Arabian peninsula.
Thursday’s incident was in a different ocean from the Houthis’ usual area of operations – where they have been attacking any ships they suspect of being linked to Israel in retaliation for the country’s actions in Gaza.
The US and UK have hinted they would take military action against Yemen’s Houthi rebels following the largest attack yet.
Carrier-based jets and warships shot down 21 drones and missiles launched by the Iran-backed group on Tuesday night.
The UN Security Council passed a resolution on Wednesday demanding an immediate end to the Houthi attacks.
(BBC)
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.”