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Friday July 30th, 2021
Shipping

Sri Lanka to invite investors for BOT port warehouse complex

Sri Lanka's Minister of Ports and Shipping was given the go ahead to call investors to build a warehouse in the capital ...

3 min read

Sri Lanka, India and Japan firms to invest in East Terminal: President

Several companies from India, Sri Lanka and Japan will invest in the East Container Terminal of Colombo Port President G...

3 min read

Bulk carrier MV Eurosun refloated in high tide: Sri Lanka Navy

MV Eurosun, a Liberian flagged vessel, which ran aground in shallows 5.5 nautical miles (10 kilometres) off Sri Lanka's ...

3 min read

Sri Lanka Ports Authority starts electronic payments to clear imports

State-run Sri Lanka Ports Authority said payments for imports could now be made electronically through the internet.

3 min read

X-Press Pearl came to China run terminal, SLPA says rendered all assistance

No notice was given of an acid leak before arriving

Sri Lanka's SAGT orders more twin lift cranes STS cranes, raising capacity

Terminal is constrained by yard space, capping output

Sri Lanka shipping liberalisation before presidential poll: Mangala

ECONOMYNEXT – Sri Lanka’s government will implement delayed plans to liberalise the shipping sector, allow...

2 min read

Sri Lanka's JKH starts building US$14mn logistics park

Sri Lanka's John Keells Holdings has started building a 14 million US dollar logistics park which will provide services ...

1 min read

Maersk mulls increasing container handling in Sri Lanka

ECONOMYNEXT - Maersk A/S, the world’s biggest container shipping line, is considering increasing its container ha...

1 min read

Sri Lanka to make Colombo ‘smart port’ with automated functions

ECONOMYNEXT – Sri Lanka’s ports and shipping ministry said it will spend 929 million rupees to modernise i...

2 min read

Sri Lanka’s shipping ministry dumps defunct Oluvil port on fisheries ministry

ECONOMYNEXT – Sri Lanka’s ports and shipping ministry has decided to transfer the eastern port of Oluvil, ...

2 min read

Sri Lanka yet to decide on liberalising shipping

ECONOMYNEXT – Sri Lanka’s government has not yet decided on a budget proposal to liberalise the shipping s...

2 min read

Northern Sri Lanka port to be developed with Indian aid to handle general cargo

ECONOMYNEXT – Sri Lanka is to develop the northern Kankesanthurai (KKS) harbour with Indian aid to enable it to b...

2 min read

Sri Lanka shipping policy to encourage ship finance

ECONOMYNEXT – Sri Lanka’s new national policy for its maritime and logistics sectors has recommended sever...

1 min read

Sri Lanka's Expolanka Freight net up 39-pct

Profits at Sri Lanka's Expolanka Freight Holdings Plc grew 39 percent to 469 million rupees in the December 2018 quarter...

2 min read

Colombo Dockyard gets US$3mn deal for Sri Lanka Ports Authority pilot boats

ECONOMYNEXT - Colombo Dockyard has won a 3.12 million US dollar order to build two pilot boats for the Sri Lanka Ports A...

1 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.9033 199.9000
UK Pound 278.1954 277.5112
Euro 236.8554 236.3318
Aus Dollar 147.2188 147.1464
Yen 1.8214 1.8210
Source: Central Bank/Indicative
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pts %
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Turnover Rs million. 2,191,558,044.10 1,806,549,564.70
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3-m bill 5.14 5.13
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12-m bill 5.22 5.21
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8-yr bond 7.89 7.88
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
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Source: Central Bank/Indicative

New Sri Lanka shipping policy sees lower dependence on Indian cargo

ECONOMYNEXT – Sri Lanka’s new national policy for its maritime and logistics sectors foresees reduced depe...

2 min read

Sri Lanka to review proposed port tariff hike after protests

ECONOMYNEXT - Sri Lanka has appointed a committee to review a hike in port charges proposed in late 2018, and no change ...

1 min read

Kavan Ratnayaka new chairman of Sri Lanka Ports Authority

ECONOMYNEXT - Kavan Ratnayaka, former head of tourism development, has been appointed the new chairman of the state-run ...

1 min read

Sri Lanka’s Hambantota port diversifies into cement industry cargo

ECONOMYNEXT – Hambantota International Port (HIP) has handled its first shipment for the cement industry, enablin...

2 min read

Sri Lanka’s Hambantota port business diversifying, ship calls up

ECONOMYNEXT – Sri Lanka’s Hambantota port has seen a sharp increase in vessel calls in 2018 with its busin...

2 min read

Global player to run bunkering in Sri Lanka’s Hambantota port

ECONOMYNEXT – A global player in the bunkering business will be selected soon to supply ship fuel at Sri Lankaââ...

2 min read

Sri Lanka based Hayleys Advantis to manage Abu Dhabi container depot

Sri Lanka-based Hayleys Advantis said it had won a deal to manage a container depot in Abu Dhabi, built by UAE based Tru...

2 min read

Sri Lanka's Colombo Port container volumes up 13-pct to 7mn

Sri Lanka's Colombo Port has handled 7 million containers by December 30 2018, up 13.2 from a year earlier, the state po...

2 min read

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...

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 ...

1 min read

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