STO, Colombo Dockyard sign agreement for supply of tugboat, barge

State Trading Organisation (STO) has signed an agreement with Colombo Dockyard Plc regarding the supply of a tugboat and a barge.

The agreement was signed by Managing Director of STO Ahmed Shaheer, and Managing Director of Colombo Dockyard Plc Ranil Wijegunawardena.

Shaheer said that the vessels acquired under this agreement will help speed up and expand STO’s businesses.