News
Justice Minister alleges NARA causes massive revenue losses, opposes remedial measures
By Shamindra Ferdinando
Justice Minister Dr. Wijeyadasa Rajapakshe, PC, yesterday (31) alleged that the country had been deprived of foreign exchange to the tune of billions of USD over the past three decades due to the failure on the part of the National Aquatic Resources Research and Development Agency (NARA) to establish a system to sell hydrographic maps for ships entering Sri Lankan waters.
Addressing the media at his office near Technical Junction, Minister Rajapakshe said that NARA not only neglected its responsibility but allowed external parties to exploit the situation for their benefit. The Minister alleged that NARA had reached an agreement with the external parties and the payments received were utilised by that institute.
The Justice Minister said the National Hydrographic Bill had been submitted to the Parliament to enable the country to receive full benefits of ensuring safe passage of foreign vessels passing through local waters.
The NARA is the apex national institute vested with the responsibility of carrying out research, development and management of aquatic resources.
Responding to The Island query, Dr. Rajapakshe said it was possible that successive governments had not implemented the proposed system in line with the International Convention for the Safety of Life at Sea (SOLAS) deliberately.
Pointing out that 200 to 300 vessels entered Sri Lankan waters a day, Minister Rajapakshe declared that the Consolidated Fund could have received as much as USD 200 mn (Rs 60-65 bn) annually by providing the hydrographic maps at USD 25 each.
Dr. Rajapakshe explained how the project could contribute towards the government’s efforts to overcome economic difficulties experienced since 2020. Declaring that the Navy was fully capable of undertaking the project, he said that NARA and some surveyors had resisted the government move for obvious reasons.
According to the Minister, NARA wants the status quo to continue and receive payments from those who provide the services to the ships passing through Sri Lankan waters.
Minister Rajapakshe said that the Navy had brought the issue to his notice and he was glad to act on their concerns.
Commodore Kosala Warnakulasooriya functions as the Chief Hydrographer of the Sri Lanka Navy Hydrographic Service (SLNHS). Warnakulasooriya received the appointment at NARA on 10 Aug., this year.
Dr. Rajapakshe said that the Supreme Court had been moved against the proposed Act.
Referring to statistics provided by relevant authorities, Minister Rajapakshe said that all ports save the Hambantota Port had recorded a drop in ship arrivals due to several reasons, including the absence of proper hydrographic maps.
News
Maldives Coast Guard Ship Huravee arrives in Colombo
The Maldives Coast Guard Ship Huravee arrived at the Port of Colombo for replenishment purposes on 02 Mar 26. The visiting ship was welcomed by the Sri Lanka Navy (SLN) in compliance with time-honoured naval traditions.
The ship is a 48.9m long Offshore Patrol Vessel which is commanded by Lieutenant Colonel Ahmed Nafiu Mohamed.
Meanwhile, the ship’s crew is scheduled to visit several tourist attractions in the city of Colombo, during their stay in the island.
News
AKD warns of far reaching economic consequences of Middle East war
President Anura Kumara Dissanayake yesterday called for an immediate and peaceful resolution of the escalating Middle East conflict, warning that the crisis could have far-reaching repercussions on the global economy, including Sri Lanka.
Addressing Parliament, the President stressed that no military conflict benefited humanity, particularly at a time when destructive military technologies were rapidly advancing.
“Any military conflict does not create a favourable situation for any group of people,” he said, urging all parties to make urgent commitments towards peace. “As Sri Lanka, our position is that all parties involved in this war must, as soon as possible, take steps toward a peaceful world.”
He cautioned that Sri Lanka could not remain insulated from the fallout from the conflict, noting that disruptions to global oil and gas supplies, threats to migrant workers in the Middle East, and potential shocks to tourism, remittances, shipping and aviation were real concerns.
A national programme was being formulated to mitigate the impact, he said, adding that its success would hinge on broader international efforts to restore stability, the President said.
Acknowledging public anxiety shaped by past economic hardships, President Dissanayake said social stability could not be ensured through rhetoric alone but required tangible guarantees that citizens would not face another crisis.
While noting that the government had successfully navigated multiple challenges since assuming office, he described the Middle East situation as distinct due to the uncertainty surrounding its duration and outcome.
The government, he said, was closely monitoring developments. The Central Bank had conducted a review with a report on the likely economic impact expected shortly. The Ministry of Finance is also preparing an assessment of the potential effects on public life, alongside measures to ensure the uninterrupted provision of essential services locally and for Sri Lankans overseas.
“The primary responsibility for finding a path out of the crisis rests with the Government,” he said, calling on Parliament and the public to collectively confront the challenge under a unified national plan.
Providing a detailed account of the country’s energy reserves, the President said storage capacity rather than supply remained the key constraint. Excluding the Indian Oil Corporation tanks in Trincomalee, total storage capacity at Kolonnawa and Muthurajawela stands at approximately 150,000 metric tons.
Diesel stocks were currently sufficient for 33 days, with refining contributing around 1,800 metric tons daily. Petrol reserves will last 27 days, with a 35,000 metric ton shipment due on March 7 or 8 expected to extend availability to around 40 days.
Aviation fuel stocks are adequate for 49 days, supported by both daily refining and imports. Scheduled shipments include vessels from RM Parks on March 14, Sinopec on March 17, IOC on March 21 and the Ceylon Petroleum Corporation on March 28.
Crude oil supplies were sufficient to operate the refinery for 26 days, with an additional shipment expected to extend operations by a further 18 days, the President said.
“Because of this, there is no crisis regarding oil,” the President assured Parliament.
News
Pope invited to visit Sri Lanka
President Anura Kumara Dissanayake has invited His Holiness Pope Leo XIV to visit Sri Lanka.
The official invitation was handed over by Minister Bimal Ratnayaka to the Vatican’s Under Secretary for Relations with the States, at the Vatican, yesterday, during the Minister’s official visit to Italy, the President’s Media Division said.
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