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Posts tagged as “ships”

risis-hit Sri Lanka eyes $200 million yearly from foreign ships

report in ECONOMYNEXT, Nov 25, 2023– Sri Lanka is eying to earn $200 million annual income from foreign ships traversing in its water by developing Electronic Navigation Charts (ENCs), the State Defence Minister said as the island nation is in the process of coming out of an unprecedented economic crisis. President Ranil Wickremesinghe, who is also the Defence Minister, has already issued a gazette for navy to start the creation of ENCs, State Defence Minister…