To develop a dependable and effective National Fleet of Ships Shipping & logistic facilities for the country and being a Stakeholder in the path to the Maritime Hub in the Region.
Ceylon Shipping Corporation Ltd., is a Government owned entity originally established in 1971 as a State corporation under Act No. 11 of 1971. On 6th June 1992, Ceylon Shipping Corporation was converted to a fully Government owned company under the companies Act. Being the country’s National Sea Carrier, CSC enjoys a worldwide network of sea transportation as a carrier operating in many global shipping routes as well as a service provider by its own and through reputed agency network.
Since its inception, CSC has grown immensely to become a leading organization in the country’s advancing development as a notable profit making contributor to the national economy, as an “A Class” public enterprise. Sri Lanka Ports Authority recognized CSC as the Highest Revenue Contributor to the port of Colombo in three consecutive years in 1989, 1990 and 1991. Performances of CSC were also recognized by the world renowned Lloyd’s of London with the Port of London Authority in the years 1995 and 1997, and Lloyd’s of London with the Freight Liner of the UK by awarding the Star Performer Award for CSC’s Container Liner Service from UK and Continent to the South Asian region in years 1993 and 1994.
It still operates services worldwide. CSC is proud to be the first South Asian carrier to commence container services from south Asia to Europe in way back as 1980. In addition, it was influential in modernizing the Port of Colombo as the country’s premier container hub-port, which highlighted some remarkable achievements of the South Asian region as a strategic point in international shipping map during 1970s. This organization is considered the Alma Mater of many seafarers who excel at sea as well in the shipping industry at present.
CSC holds shares in several leading public enterprises and private entities in Sri Lanka and abroad such as CEYLON Shipping Lines (156,948), Ceylon Port Services Ltd (5000) Mercantile Shipping Company (238,506), Ceylon Shipping Agency Pvt. Ltd., Singapore (24,500), Associated Newspaper of Ceylon Ltd.,(31,206), Sri Lanka Port Management Consultancy Ltd., (1,500), and Lanka Coal Company Ltd., (200,000). The management led by Mr. Shashi Dhanatunge as the Chairman (2015 January to date) has taken new initiatives to bring back the glorious era enjoyed by the organization in the past while focusing on achieving status of a modern maritime transporter in the global maritime industry.
The organization is richly divided into 12 departments that execute its goals in a in an effective manner thus concentrating on both the business and support services. As a Public Corporation, it is expected to provide national service while contributing substantial volume of income to the national economy.
Proposed New business opportunities
Sri Lanka being strategically placed in between the shipping lane of east & west, it is envisaged to promote the country as a Maritime Hub in the region. In that light, shipping industry has a pivotal role to play and CSC being the national sea carrier of Sri Lanka it has to be in the fore front in this endeavors.
Looking ahead, this industry is in for a period of change with the shift of world economic power to the Asia-Pacific region and it being considered as the functional ‘growth engine’ for now. The IMF predicts steady growth rates of 5.6% year-over-year in 2015 and 5.5% in 2016.
The shipping industry in South Asia is set to thrive over the upcoming decades, as the region is picking up new momentum. India is showing a strong recovery and a promising growth.
In line with this the demographics will change too. People will have greater disposable income and South Asian region will further expand its economic and trading activities and link to the world as a major manufacturing region, as well as increase growth in intra- Asia trade.
China and India being in this region, their strengths alone depict the future of maritime growth; these nations are set to maintain a GDP growth more than 7% per annum.
The region is also showing greater opportunities for shipping and logistics businesses as maritime reforms are taking place to encourage greater investment to service the global and regional demands of the shipping industry.
In 2015 the Sri Lankan government introduced 24-hour customs services and other major concessions to encourage connectivity through Colombo and to increase efficiency.
In addition, Sri Lanka offers skilled labour, low-cost resources and attractive investment opportunities in maritime sector.
Ceylon Shipping Corporation Ltd.
No.27, MICH Building, Sir Razik Fareed Mawatha, Colombo 01, Sri Lanka.
Tel + 94 11 2328772 –3
Hot Line +94 11 2497800
Fax + 94 11 2449486
CSC as a fully owned government organization offers fast, safe and reliable service with greater value to its customers.
CSC has sustained and increased revenue on its own from the services offered in the last five years as shown in the graph below;
Company Goals & Objectives
Towards the Trade and Customers:
Towards the Country and Society:
At our office premises
In operating ships
Towards the Owners:
Highest contribution to the Government coffers by maximizing profit and saving much needed.of foreign exchange.
Chairman and Board of Directors
Shashi Dhanatunge Chairman
G.D.M De Silva Gunasekara Executive Director
A.K.Senevirathne Director (Treasury Representative)
M. Wijeyewickrema Director
Team of Management
S. M. D. N. Dharmapriya General Manager
E. M. S. Perera (Mrs.) Deputy General Manager (Legal/Insurance & Human Resources)
C. Jayasinghe (Mrs.) Business Development Manager
M.M.J. Indraneela (Miss) Manager (NVOCC, Logistics, Documentation & Marketing)
Prasanna Samaranayaka Legal & Insurance Manager
Y.Ponnamperuma Internal Auditor
I.Danthanarayane Manager (Chartering & Agency)
Lalith Gunarathne Head of Administration
Vikum Pradeepa Finance Manager
S. L. Rajapakse Technical Manager
CSC’s human resource strength is comprised of;
CSC provides Foreign and Local training opportunities to its employees to enhance their knowledge and skills specially in the maritime sector in keeping with the policy of creating capable & knowledgeable work force in the organization.
Since its inception, CSC has grown immensely to become a leading organization in the country and a profit making as “A Class” public enterprise.
Sri Lanka Ports Authority recognized CSC as the Highest Revenue Contributor to the port of Colombo in three consecutive years in
Performances of CSC were also recognized by the world renowned Lloyd’s of London with the Port of London Authority in the years
Lloyd’s of London with the Freight Liner of the UK by awarding the Star Performer Award for CSC’s Container Liner Service from UK and Continent to the South Asian region in years,
This organization is considered the Alma Mater of many seafarers in Sri Lanka who excel at sea as well in the shipping industry at present. CSC provides seafarer training to the youth of the country. It also intended to expand this opportunity with the launching of 02 new ships and commencing its operation as there are two special decks designed on board both vessels enabling to accommodate marine cadets.
With the backing of government as a fully owned Government Organization, CSC welcomes new business opportunities with prospective partners for diversification of its services and activities.
10 Fintech 101
When being part of a generation on which the flag of entrepreneurship seems to be constantly waving in the sea of young professionals looking to succeed in the business world, more often than not, we tend to drown in the... Read More