Sri Lanka’s Hambantota Port enters vessel lay-up business

ECONOMYNEXT – Sri Lanka’s Hambantota Port said it has attracted the first vessel for lay-up with a drillship to be moored at the port for six, months, which will be supervised by a unit of Colombo-based Hayleys Advantis.

Aban Abraham, a drillship was berthed last week at Hambantota for a six-month warm lay-up.

Under Sri Lanka’s flag requirements a minimum crew will be on board.

Hambantota is run by Hambantota International Port Group (HIPG), a joint venture with China’s CM Port group.

"We leveraged heavily on the global marine network access of CMPort and were supported by the Sri Lanka Ports Authority, to make this operation a reality,’ Chief Operating Office of HIPG Tissa Wickramasinghe said in a statement.

Wickramasinghe said the HIPG’s marketing team had competed with established ports in the region to win the deal.
 “The market is well aware of more established ports and the fact that the Hambantota International Port was chosen despite this, clearly proves that we are benchmarking international standards," he said.
"The hard work put in by the HIP team has paid off and we are now well positioned as a multipurpose port.”

Under a warm lay-up, a minimum crew will keep equipment running from time to time, or prepare for other work, so that it can be decommissioned quickly.

The vessel will be under the supervision of Martime Agencies (Pvt) Ltd, an Hayleys Energy Services Ltd, units of Sri Lanka’s Hayleys Advantis logistic group. (Colombo/Dec24/2018)

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