The Perfect Holiday Gift Gift Now

Colombo Dockyard charts new course

Daily FT

|

December 23, 2025

COLOMBO Dockyard PLC (CDPLC) is charting a course toward calmer waters after navigating a prolonged period of turbulence.

During these challenging times, the Ship Repair Sector played a pivotal role in sustaining the organisation by ensuring steady cash flow to support all business units. True to the saying, “Hard times create strong men”, the Ship Repair Sector successfully established itself in several new market segments that value quality, safety, timely delivery, and technical competence—all while delivering superior financial returns.

These new segments not only enhance profitability but also address a longstanding challenge: ensuring consistent dock utilisation. With this progress, Colombo Dockyard is well-positioned for a more stable and promising journey ahead.

Shipbuilding at Colombo Dockyard always concentrates for compact specialised vessels with number of machineries. These are high value assets demand precision and high quality. Hence every few shipyards dare to serve in such niche segments. One of such segments where the Shipbuilding sector of Colombo dockyard had marked its position at top is the Cable Ship Segment.

In 2019, Colombo Dockyard delivered its first cable-laying vessel, “KDDI Cable Infinity”, to Kokusai Cable Ship Co., Japan. This milestone marked Colombo Dockyard’s entry into the specialised field of cable-ship construction.

In 2023, the shipyard further strengthened its position in the global subsea-vessel market by delivering the cable-repair ship “CRV Sophie Germain” to Orange Marine, France.

PLUS D'HISTOIRES DE Daily FT

Daily FT

Daily FT

Sri Lanka’s collision with nature: Lessons from India to address agrarian question and employment

NATURE seems to be at war with a market-driven investment pattern slowly decaying the means of survival for the masses.

time to read

9 mins

January 03, 2026

Daily FT

Thikshila de Silva rattles CCC

BOTTOM of the table Chilaw Marians CC had CCC in a bit of bother, capturing four wickets for 62 runs by the close of the first day after they had been dismissed for 185 in their Major Club 3-day League match played at the Colts grounds yesterday.

time to read

2 mins

January 03, 2026

Daily FT

Global markets open 2026 higher

GLOBAL stock markets began 2026 on a positive note, with major indices in Britain and South Korea reaching record levels as investor optimism around artificial intelligence extended into the New Year.

time to read

1 mins

January 03, 2026

Daily FT

Daily FT

Rooted in Change: Kelani Valley's bold climate crusade with UN Global Compact Network Sri Lanka

IN a world gasping under the weight of its own carbon footprint, where floods wash away futures and droughts rewrite destinies, sustainability leadership can no longer be a lofty ambition-it must be a grounded commitment.

time to read

4 mins

January 03, 2026

Daily FT

Daily FT

Russel's hosts Christmas decorations competition at head office

Russel's successfully hosted its annual Christmas Decorations Competition among its divisions at the Russel's Head Office in Punchi Borella, bringing together employees to celebrate the true spirit of Christmas through creativity, unity, and festive cheer.

time to read

1 min

January 03, 2026

Daily FT

Daily FT

What is local governance?

LOCAL governance is about managing public affairs at the community level.

time to read

5 mins

January 03, 2026

Daily FT

AMF withdraws proposed listed high-yield bond issue

ASSOCIATED Motor Finance Company PLC (AMF) yesterday announced the withdrawal of its proposed listed, rated, unsecured, subordinated, redeemable high-yield bond issue to raise Rs.

time to read

1 min

January 03, 2026

Daily FT

Oil posts sharpest yearly drop since pandemic

OIL prices recorded their steepest annual decline since the COVID-19 pandemic in 2025, with markets facing continued pressure from excess supply as producers pump more crude than the global economy requires.

time to read

1 min

January 03, 2026

Daily FT

Cleantech and Pepsi partner to accelerate Sri Lanka's circular economy journey

CLEANTECH Ltd., since 1998 has played a pivotal role in maintaining cleanliness and hygiene across key areas in Colombo.

time to read

2 mins

January 03, 2026

Daily FT

Sports Ministry issues clarification on provision of Sugathadasa Stadium for musical concert

THE Sports Ministry yesterday issued the following clarification over the situation that has arisen concerning the use of the Sugathadasa Stadium for a musical concert.

time to read

1 min

January 03, 2026

Listen

Translate

Share

-
+

Change font size