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Sunday September 19th, 2021
Shipping

Sri Lanka's China-run port drives vessel lay-up business

Sri Lanka's China-run Hambantota Port said it is supporting a vessel lay-up business expanding the island's role as a ma...

6 min read

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 ...

6 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...

6 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...

6 min read

Sri Lanka beefs up defences for possible oil spill from X-Press Pearl

Fisheries Minister Kanchana Wijesekera said a plan had been devised to contain any possible oil spill

X-Press Pearl stern hits bottom aborting tow, Sri Lanka renews oil spill watch

Salvors abort tow after the stern of the partially sunken vessel settles on the ocean floor

Germany presses for lifting Sri Lanka foreign ownership limits in logistics

German logistics companies are keen to invest in Sri Lanka, given its location and transport infrastructure, but want fo...

2 min read

Sri Lanka to proceed cautiously on shipping liberalisation

Sri Lanka is keen on liberalizing shipping agency businesses and freight forwarding to promote more foreign investment b...

1 min read

1

French firms eye investments in Sri Lanka, envoy says

French companies are looking for investment opportunities in Si Lanka, the Ambassador of France to Sri Lanka Eric Lavert...

1 min read

India’s Nicobar container port plan seen threat to Sri Lanka transhipment business

India has called for proposals to build a container port in Andaman & Nicobar Islands in the Bay of Bengal that could th...

2 min read

Sri Lanka’s Colombo Dockyard loss widens to Rs1bn in June quarter

ECONOMYNEXT - Sri Lankan ship yard Colombo Dockyard’s losses widened sharply to just over a billion rupees in the...

2 min read

Sri Lanka’s Mercantile Shipping to sell ships to repay debt

Sri Lanka’s Mercantile Shipping Company is to sell two cargo ships owned by a subsidiary, Mercantile Emerald Ship...

2 min read

Sri Lanka to buy cranes for Colombo Port East Terminal

Sri Lanka’s Cabinet of ministers this week approved buying cranes for a new state-owned container terminal in Col...

1 min read

Call to ban entrepôt trade in Sri Lanka over waste controversy

Sri Lanka's Marxist Janatha Vimukthi Peramuna has called for an end to all entrepôt trading over alleged import and p...

2 min read

Sri Lanka Hayleys rejects allegations of waste imports, to re-export used mattresses

ECONOMYNEXT – Sri Lanka’s Hayleys group rejected allegations of importing waste, saying its logistics arm ...

3 min read

Sri Lanka Navy arrests un-flagged drug runner

Sri Lanka's Navy said it had arrested a suspected foreign fishing vessel without a flag in the seas of Galle, with 60 ki...

1 min read

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Sri Lanka Ports Authority makes Rs10.5bn profit in first quarter of 2019

Sri Lanka Ports Authority, which runs the island’s harbours for merchant shipping, made a profit of 10.5 billion ...

1 min read

Sri Lanka’s Expolanka diversifies into tech products shipments, expands warehousing

Sri Lanka’s Expolanka Holdings is diversifying its core logistics business into moving technology products, in ad...

Tania Madies

2 min read

Colombo Dockyard delivers Japanese cable ship, eyes Sri Lanka dredger deal

ECONOMYNEXT – Colombo Dockyard has delivered a submarine cable-laying ship for Japan’s Kokusai Cable Ship ...

3 min read

Sri Lanka’s port master plan stresses efficiency to stay competitive

Sri Lanka’s new national port master plan has recommended that Colombo port move fast to improve efficiency and i...

2 min read

Hambantota positioned as Sri Lanka's multi-purpose port

A Chinese-managed Hambantota port on Sri Lanka’s south coast is being positioned as a multi-purpose port with fac...

2 min read

Sri Lanka, Japan, India ink memo for East container terminal

Sri Lanka, Japan and India has inked a memorandum of co-operation to operate a container terminal in Sri Lanka's Colombo...

2 min read

Sri Lanka’s CICT invests in dangerous goods storage facility

ECONOMYNEXT – Sri Lanka’s Colombo International Container Terminal (CICT) said it has opened a Dangerous G...

2 min read

Sri Lanka Ports Authority profits down in 2018 amid higher forex losses

ECONOMYNEXT – Pre-tax profits at state-run Sri Lanka Ports Authority fell 27.5 percent to 8.7 billion rupees in 2...

1 min read

Sri Lanka's Hambantota Port signs deals with vehicle carriers

ECONOMYNEXT - Hambantota International Port Group (HIPG) said it has signed Terminal Service Agreements (TSAs) with top ...

2 min read

China's Sinopec to operate Sri Lanka's Hambantota oil tank farm

China's Sinopec Fuel Oil Sales Co. Limited (SFO) has won a tender to operate a bunker oil tank farm in the Hambantota Po...

3 min read

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