Sri Lanka Navy earns USD 20 million from OBST Operations
[Feb 17 2017]
Sri Lanka Navy has earned USD 20 million to-date, from
Onboard Security Team Operations (OBST), said the Navy media. At the
existing currency exchange rate it is approximately Rs. 3 billion which
are directly deposited in the Consolidated Fund of the Government.
OBST Operations since mid-November 2015 has seen more
than 8,200 ship movements' mainly through Galle and Colombo operations
centres, at a monthly rate of 550 OBST moves earning Rs. 200 million.
The report also said that, the Sri Lanka Navy took
over OBST duties following a special directive by the President
Accordingly, Sri Lanka Navy is responsible of
receiving, storing and issuing of weapons, ammunition and equipment
registered with foreign and local On-board Security Teams (OBST), who
operates for merchant shipping companies.