website hit counter
Monday, April 21, 2025
Monday, April 21, 2025

HomeBusinessTo get tug vessels on rent basis to Port Authority

To get tug vessels on rent basis to Port Authority

To get tug vessels on rent basis to Port Authority

spot_img

The Sri Lanka Ports Authority (SLPA) has approved the completion of the procurement of two 80 tonne bollard pull tugs on charter basis for operations at Colombo Port and has also initiated a new procurement process for two 70 tonne bollard pull twin azimut sterns. To open in mid-2025, the port tug will require a new set of terminals.
The overall procurement cost rose after the Sri Lanka Ports Authority prematurely halted the procurement of an 80-ton tug due to cost issues arising from the implementation of the Value Added Tax (VAT) Act on January 1, 2024.

International competitive bids were invited in 2022 for the purchase of an 80-tonne single bollard pull tug, and four bids were received. The procurement committee recommended awarding the contract to the lowest responsive bidder. However, negotiations with the supplier to secure the vessel on credit failed, leading to the suspension of the process.

The Sri Lanka Ports Authority then invited tenders for chartering two such vessels and three proposals were received but negotiations to obtain a price reduction with the lowest responsive bidder failed.

Latest articles

Israeli army finds ‘professional failures’ in killing of Gaza medics

The Israeli army said on Sunday that a review of the killing of emergency...

Zelensky accuses China of supplying weapons to Russia

Ukrainian President Volodymyr Zelensky said on Thursday that China was supplying weapons and ammunition...

India, France to sign biggest-ever deal for Rafale-Marine fighter jets on April 28

India and France are expected to sign their biggest-ever defence deal for the sale...

Why RW Tried to Contact Pillayan in Custody, UNP Responds

Former President Ranil Wickremesinghe tried to contact Sivanesathurai Chandrakanthan, also known as Pillayan, while...

More like this

Profit-booking pushes gold to all-time high

Gold fell on Thursday as investors booked profits after gold hit an all-time high...

EPF announces 11% interest after assets rise to Rs 4.38 trillion in 2024

The Employees' Provident Fund (EPF) consolidated its position as the leading institution in the...

People’s Bank Introduces Affinity Credit Card for Bandaranayake College OBA

People’s Bank has proudly unveiled a new Affinity Credit Card in partnership with the...