Wednesday Jul 22, 2026
Wednesday Jul 22, 2026
Wednesday, 22 July 2026 06:45 - - {{hitsCtrl.values.hits}}
Hayleys PLC subsidiary, Sri Lanka Shipping Company Ltd., has been awarded over $ 17 million contract to lease two tug vessels for five years, to maintain a sufficient tug vessel system under Sri Lanka Ports Authority (SLPA).
After a comprehensive assessment of the requirements of the SLPA, approval has been granted at the Cabinet meeting held on 6 January 2025 to acquire two tug port vessels with 70-ton Bollard Pull (BP) Twin Azimuth Stern Drive for a specific period of time with the objective of increasing the tug fleet of the authority.
As per the aforementioned Cabinet decision, bids were called from registered suppliers to obtain two tug vessels with a capacity of over 70 tons for five years on a rental basis adhering to the competitive bidding process.
“International competitive bids were invited to obtain tug vessels, and only three bids were received,” Cabinet Co-Spokesman and Minister Dr. Nalinda Jayatissa said at the post-Cabinet meeting media briefing yesterday.
He said Sri Lanka Shipping Company, the minimum satisfactory lowest bidder, for an amount of $ 17.16 million (excluding relevant taxes and duties) for a period of five years, responded substantially following the recommendation of the higher-level procurement committee.
The proposal to this effect was submitted by Port and Civil Aviation Minister Anura Karunathilake.
