header logo
Asia asset finance
Latest
China delivers two new tuna vessels to Sri Lanka
Jan 10, 201809:04 PM
China delivers two new tuna vessels to Sri Lanka

A Chinese shipbuilding company has said it looks forward to further opportunities to develop Sri Lanka’s fisheries industry, after delivering two new tuna line vessels to the country, reports Eworldship. 

 

The two new tuna line vessels -- built in a Chinese shipyard in Longhai, Fujian province -- were delivered to Sri Lanka in December. Zhou Jingshun, chairman of Fujian Zishun Shipping Co, said after taking delivery of the vessels its Sri Lankan counterparts had expressed interest in further cooperation. 

 

Zhou added that his firm had helped train Sri Lankans in the technology, maintenance, and practical use of the vessels. 

 

Sri Lanka’s government aims to increase its seafood exports to $1.3 billion by 2020 and to $5bn by 2030, Eworldship states.

 

The country’s location in the Indian Ocean makes it strategically important for China, which has grown its presence in the country. In December, China secured a 99-year lease for Sri Lanka’s southern port of Hambantota, seen as a linchpin in China’s ‘one belt, one road’ project. 

 

- UCN
- Agencies 

 

 

 

MostRead
Mobitel 5g
VideoStories
Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Lassana Flora