Marine Services
Hambantota Ship Chandler,
Ship Chandlers in Hambantota
For all your ship chandelling requirements in Hambantota – welcome to Minar Enterprises, the leading ship chandler supplies vessels with provisions, bonded, deck and engine stores. The Hambantota International Port (also known as the Magampura Mahinda Rajapaksa Port or the Magam Ruhunupura Mahinda Rajapaksa Port) is a deep water port in Hambantota, Sri Lanka. It was opened on 18 November 2010, and is Sri Lanka’s second largest port, after the Port of Colombo. In 2020, the port handled 1.8 million tones of LPG and dry bulk cargo.
Construction of the port commenced in January 2008. In 2016, reported an operating profit of US$1.81 million but was considered economically unviable. As debt repayment got difficult, the newly-elected government decided to privatize an 80% stake of the port to raise foreign exchange in order to repay maturing sovereign bonds unrelated to the port. Of the two bidding companies, China Merchants Port was chosen, which was to pay US$1.12 billion to Sri Lanka and spend additional amounts to develop the port into full operation.
In July 2017, the agreement was signed, but CM Port was allowed a 70% stake. Simultaneously a 99-year lease on the port was granted to CM Port.
Hambantota Ship Chandler, Ship Chandlers in Hambantota
For all your ship chandelling requirements in Hambantota – welcome to Minar Enterprises, the leading ship chandler supplies vessels with provisions, bonded, deck and engine stores. The Hambantota International Port (also known as the Magampura Mahinda Rajapaksa Port or the Magam Ruhunupura Mahinda Rajapaksa Port) is a deep water port in Hambantota, Sri Lanka. It was opened on 18 November 2010, and is Sri Lanka’s second largest port, after the Port of Colombo. In 2020, the port handled 1.8 million tones of LPG and dry bulk cargo.
Construction of the port commenced in January 2008. In 2016, reported an operating profit of US$1.81 million but was considered economically unviable. As debt repayment got difficult, the newly-elected government decided to privatize an 80% stake of the port to raise foreign exchange in order to repay maturing sovereign bonds unrelated to the port. Of the two bidding companies, China Merchants Port was chosen, which was to pay US$1.12 billion to Sri Lanka and spend additional amounts to develop the port into full operation.
In July 2017, the agreement was signed, but CM Port was allowed a 70% stake. Simultaneously a 99-year lease on the port was granted to CM Port.
Serving Successfully Since Year 2005
100+
HAPPY CLIENTS
1,500+
VESSELS SUPPLIED
Milestones
SERVICE SINCE
1932
SERVED MORE THAN
1000 SHIPS
SERVICES IN
20 COUNTRIES
OVER
50,000 PRODUCTS
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Copyright © Minar
Copyright © Minar
