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Wednesday June 7th, 2023
Logistics

Sri Lanka Ports Authority can raise funds from stock market patriots for ECT: Minister

Sri Lanka Port Authority can raise capital from the Colombo Stock Exchange to build East Container Terminal if there is ...

March 9, 2021 2 min read

India did not nominate party for WCT, Sri Lanka says had direct talks with Adani

Sri Lanka had direct talks with Adani Ports group over giving a concession to build and operate Colombo Port's West Cont...

March 9, 2021 1 min read

Sri Lanka's China-run port sees RO-RO vehicle transshipment racing ahead

Sri Lanka's China-run Hambantota port, which is emerging as a RO-RO transshipment hub said it seeing rapid growth in veh...

March 7, 2021 2 min read

Light Rail Project: Maharagama to be linked to the network

Prime Minister Mahinda Rajapaksa has asked that the Urban Development Authority (UDA) include the city of Maharagama in ...

March 5, 2021 3 min read
Sri Lanka Ports Authority to waive penalties for delayed containers as dollar bites

"We can’t even be sure of the exact number of requested waivers as we have received many in a short period.’’

UAE removes rapid PCR requirement for travellers from Sri Lanka, other countries

A six-hour rapid PCR test was required for passengers departing from countries in the region.

Cargo throughput up 13-pct at Sri Lanka’s CICT facility

ECONOMYNEXT – Sri Lanka’s Colombo International Container Terminals (CICT) said it handled 2.65 million tw...

December 31, 2018 2 min read

Sri Lanka fuel prices fall 17.9-pct, regulated bus fares down 4.2-pct

Sri Lanka bus fares which were raised by state regulation three times this year have come down by 6 percent after a fuel...

December 29, 2018 2 min read

Marella Cruises vessel calls at Sri Lanka's Colombo port

Marella Cruises vessel M V Marella Discovery had called at Sri Lanka's Colombo Port with complement of 1,732 passengers ...

December 28, 2018 1 min read

Sri Lanka's Hambantota Port enters vessel lay-up business

Sri Lanka's Hambantota Port said it has attracted the first vessel for lay-up with a drillship to be moored at the port ...

December 24, 2018 2 min read

Sri Lankan freight forwarders see margin pressure from liner consolidation

ECONOMYNEXT – Consolidation among container shipping lines trying revive profitability is likely to squeeze profi...

December 24, 2018 2 min read

Sri Lanka’s Ports Ministry gets industry professional as secretary

ECONOMYNEXT – Sri Lankan President Maithripala Sirisena has appointed Parakrama Dissanayake, chairman of Sri Lank...

December 24, 2018 1 min read

Sri Lanka’s Hayleys Advantis opens distribution hub

ECONOMYNEXT – Sri Lanka’s Hayleys group said its Hayleys Advantis logistics arm had commissioned its large...

December 19, 2018 2 min read

Sri Lanka’s SAGT nearly doubles design capacity handling 2mn containers

ECONOMYNEXT – South Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka’s first private terminal in Colombo...

December 19, 2018 2 min read

Sri Lanka’s planned light rail seen needing govt subsidies

A planned light rail transit system in Sri Lanka’s capital Colombo will need government subsidies, like elsewhere...

December 19, 2018 2 min read

Sri Lanka's PickMe mulls financial services

ECONOMYNEXT – Sri Lankan ride hailing service PickMe is considering going into financial services in the medium t...

December 18, 2018 2 min read
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US Dollar 285.6164 283.8763
UK Pound 353.8887 352.3039
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Sri Lanka logistics firms mull tie-ups with start-ups

ECONOMYNEXT – Sri Lankan logistics firms are adapting to changing customer behaviour and technology and could str...

December 14, 2018 1 min read

CICT adds capacity for bigger ships at Sri Lanka’s Colombo port

ECONOMYNEXT – Colombo International Container Terminals (CICT) said it was buying more cranes that will enhance d...

December 14, 2018 2 min read

Sri Lanka port capacity crunch could lead to lost business

ECONOMYNEXT – Further delays in adding container handling capacity at Sri Lanka’s Colombo port, which is n...

December 13, 2018 2 min read

Investment opportunities seen in Sri Lanka’s logistics firms

ECONOMYNEXT – Sri Lanka’s logistics businesses offer attractive investment opportunities both among specia...

December 13, 2018 2 min read

SriLankan Airlines carbon emissions higher in 2018

Efficiency of SriLankan Airlines flights have fallen in 2018, and is contributing more towards carbon emissions, but was...

December 11, 2018 2 min read

Fitch downgrades SriLankan Airlines' govt-guaranteed bonds to 'B'

ECONOMYNEXT – Fitch Ratings said it has downgraded the rating on SriLankan Airlines Limited's (SLA) USD175 millio...

December 5, 2018 3 min read

Cruise ship calls grow strongly at Sri Lanka port

ECONOMYNEXT – Calls by cruise ships have grown strongly at Sri Lanka’s main port of Colombo this year with...

December 5, 2018 1 min read

SriLankan Airlines security lapses glossed over: witness

ECONOMYNEXT - Security lapses at state-owned SriLankan Airlines operations, including through controversial Rakna Araksh...

November 29, 2018 3 min read

China Harbhour Engineering wins deal to expand Sri Lanka port anchorage

China Harbhour Engineering Company has been selected to expand the deep water anchorage capacity at a container terminal...

November 22, 2018 1 min read

Civil Aviation ministry secretary appointed Chairman of SriLankan Airlines

ECONOMYNEXT – G. S. Vithanage, Secretary of the Ministry of Transport and Civil Aviation, has been appointed chai...

November 14, 2018 1 min read
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