Wed 4 Dec 2013, 13:16 GMT

GAC scoops awards at Sri Lanka event


GAC Marine Services Pvt. Ltd. wins two awards at the National Business Excellence Awards.



GAC Marine Services Pvt. Ltd. has won two top awards at the National Business Excellence Awards (NBEA) 2013 organised by the National Chamber of Commerce of Sri Lanka (NCCSL).

GAC Marine Services walked away from the presentation ceremony at the Colombo Hilton with the Gold Award in the "Shipping and Shipping-related Services" category, as well as the Silver Award as runner-up in the medium-sized business category, covering all sectors.

The awards were presented to a team of GAC delegates led by Preethilal Fernando, Director/CEO of GAC Sri Lanka, who said they stand as testimony to the overall business performance of GAC Sri Lanka. Last year, GAC Marine Services' sister company, GAC Shipping, won in the same categories.

The National Business Excellence Awards (NBEA) cover more than 27 business sectors in five categories according to the size of the business.

The selection process requires participating companies to prepare a comprehensive report covering seven key areas: Leadership & Strategic Planning; Corporate Governance; Capacity Building; Performance Management; Local and Global Market Reach; Corporate Social Responsibility (CSR); and Business & Financial Results.

The final winners are chosen following an in-depth interview with a panel of judges that includes senior business leaders, prominent professors and the country's International Monetary Fund (IMF) Representative.


Sing Fuels logo. Sing Fuels seeks Asia-based supply trader to bolster bunker procurement team  

Singapore bunkering firm is recruiting a supply trader to manage marine fuel purchasing across Asia.

MOL joint naming ceremony. MOL names world's first ammonia-fuelled Capesize bulk carriers  

Naming of Ruri Mirai, Ruri Sekai and Ruri Hikari signals ammonia's arrival as a marine fuel for large bulk carriers.

Washington State Hybrid-Electric 160-Auto Ferry vessel render. ABB wins Washington State Ferries' third hybrid-electric vessel order  

ABB extends its role in the US ferry operator's electrification programme, which targets emission-free operations by 2050.

Aurora Borealis vessel. Kawasaki Heavy Industries delivers LPG-fuelled carrier Aurora Borealis  

Ship could also be modified in future to allow for ammonia-fuelled operation.

Rendering of Estonia's first shore-charged electric ferry. Estonian State Fleet's shore-charged electric ferry completes model testing in Germany  

Hull and propulsion tests show the vessel's energy consumption remains within contracted limits with room to spare.

Kypros Island vessel. Tsuneishi delivers first methanol dual-fuel Kamsarmax bulk carrier from Chinese yard  

Shipbuilder claims progress towards establishing a mass-production system for vessels designed to reduce environmental impact.

ZIM LNG container vessel. Los Angeles and Long Beach identify LNG and methanol as key near-term marine fuels  

Joint feasibility study maps out demand projections and infrastructure needs to support cleaner shipping fuels at San Pedro Bay

Alexander Treff, Christiania Energy, Christiania Energy welcomes student assistant to Copenhagen office  

Alexander Treff joins marine fuels firm while studying international business at Copenhagen Business School.

Carlotta Cosulich vessel. Cosulich Marine Energy takes delivery of third methanol-ready bunker tanker  

Carlotta Cosulich joins the group’s fleet, bringing its four-vessel bunkering programme closer to completion.

Rendering of a Wallenius Wilhelmsen vessel Wallenius Wilhelmsen orders four dual-fuel PCTCs, extends fleet renewal programme  

Shipping firm signs for LNG-fuelled car carriers with options for eight more, with deliveries from 2030.