Business

Colombo Dockyard Makes a Splash at Singapore’s APM 2024

Sri Lanka’s economic revival is turning heads, and Colombo Dockyard PLC (CDL) is feeling the wave. With a recently bolstered business environment, CDL participated in the prestigious 18th “APM 2024” exhibition in Singapore, marking their first time as an active exhibitor at this crucial event.

This strategic move targeted a key market segment: Singaporean ship owners and managers, who control a significant portion of the world’s commercial shipping tonnage. The exhibition served as a platform to showcase CDL’s latest offerings, including their newly formed Rapid Response Afloat repair team. This team can be swiftly deployed to any Sri Lankan port to address various afloat repair needs.

During the event, CDL representatives emphasized several key advantages that position them as a prime choice for ship repair and building. First, Colombo’s strategic location boasts proximity to major maritime trade routes, offering vessels an alternative to the turbulent Red Sea passage and minimizing diversions for ships calling on the Indian coast. Beyond location, CDL highlighted their commitment to quality repair services, a safe working environment, and competitive rates. They also emphasized the invaluable expertise gained through their collaboration with Japan’s Onomichi Dockyard, ensuring efficient turnaround times.

The shipbuilding sector showcased its diverse product portfolio, capable of handling even complex vessel builds. As an added note of pride, 2024 marks the 50th anniversary of Colombo Dockyard’s establishment, solidifying their position as a leader in Sri Lanka’s maritime industry. The participation in APM 2024 signifies CDL’s commitment to capitalizing on the nation’s economic resurgence and further solidifying their reputation as a world-class ship repair and building facility.