Menzell Doehle Group Acquires 40% Stake in Westport Marine 📈

Hamburg-based Menzell Doehle Group has finalized a 40% strategic investment in Colombo’s Westport Marine Ltd, rebranding the entity as Menzell Doehle Lanka. This move integrates Sri Lanka into a global maritime network spanning 110 countries. • Strategic Expansion: The partnership, evolving since 2015, aims to transform Colombo into a more competitive regional hub for port agency and husbandry services. • Sector Impact: Under new CEO Patali Karunarathne, the firm will focus on streamlining vessel support and acting as a local P&I correspondent, boosting the maritime & logistics sector. • Economic Outlook: The investment signals high foreign confidence in Sri Lanka’s maritime potential, expected to drive job creation and technical integration in shipping operations. • Operational Reach: Building on the 2024 launch of Doehle Marine Lanka, the group continues to scale its marine human resource and global fleet support capabilities from Sri Lanka. The rebranding marks a shift toward international service standards, positioning the local industry for increased foreign participation and efficiency.