News Letter

Popular News

Berthing Programme

Vessel
ETA
NOBLE BREEZE
1300 19/05

CONTI CANBERRA
2000 20/05

ANTON SCHEPERS
0300 21/05

VEGA KAPPA
0500 21/05

MSC LANA
EX: 2MN

LE RONG
2300 20/05

MED
0300 22/05

EVER DIAMOND
0730 22/05

ST JOHN ARK
1200 22/05

MASTERY D
1600 22/05

VICTORIA STRAIT
1900 22/05

KOTA LAYAR
1900 22/05

X-PRESS PUMORI
1900 22/05

TIGER GOMAN
EX. SAGT

OEL COLOMBO
1200 23/05

OEL INDIA
1400 23/05

MSC SUSANA
1400 23/05

SANAD
1800 23/05

HC JADE
2100 23/05

OOCL WASHINGTON
2200 23/05

SARAYU
2200 23/05

19 Aug

SLPA chief calls for independent regulator for ports sector

SLPA chief calls for independent regulator for ports sector

A top Sri Lanka Ports Authority (SLPA) official said the government must look at establishing an independent regulator for the country’s ports sector so that the debt-ridden institution can direct its focus towards the highly competitive global logistics industry.

“In the short-term there is a need of having an independent regulator who will sit above all of us (terminal operators) and regulate the entire industry.

This would also help in establishing a level playing field,” SLPA Managing Director Sarathkumara Premachandra told a forum in Colombo. Calling for immediate structural reforms, Premachandra stressed that SLPA cannot continue to play dual roles as an operator and the regulator as it hampers the efforts made in reaching the overall objective of the authority.

It was pointed out that while the current Act entails sufficient laws for the institution to regulate the industry, it is unable to do so due to competition.

“We need to focus on that. For us to carry on without any hindrance, a ports regulator is a must. Not only to create a level playing field but also to bring about reasonable price levels that would help attract the much needed investors”, Premacahndra reiterated.

The current role of the SLPA involves the formulation, implementation and monitoring of policies on ports sector, improvement and development of shipping services, and the co-ordination and supervision of shipping development.
(DFT - 01082016)



SLPA chief calls for independent regulator for ports sector

Copyright © Ports Authority 2016. All rights reserved.

Created by: Ports Authority IS Division