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Thursday September 29th, 2022
Shipping

Blazing X-press Pearl off Sri Lanka triggers Tier II oil spill warning

The fire began in containers carrying chemicals

May 25, 2021 3 min read

Singapore flagged X-Press Pearl under watch off Sri Lanka after fire

Sri Lanka vessels monitoring the vessel for fresh fires

May 21, 2021 2 min read

Sri Lanka's China-run port sees record vehicle transshipment to Mexico, South Africa, EU

Vehicles arrived from Chennai, Mundra, Ennore in India and Gunsan and Pyeongtaek in South Korea

May 17, 2021 1 min read

Sri Lanka exporters, importers battle high rates, box shortfalls to maintain trade lifeline

Sri Lanka's exporters and importers are working against multiple global and domestic disruptions in logistics in the pos...

April 23, 2021 6 min read
Nihal Keppetipola takes over as Chairman of Sri Lanka Ports Authority

He had been managing director of the agency and Harbhour Master in Colombo

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...

August 16, 2019 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...

July 29, 2019 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...

July 24, 2019 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...

July 24, 2019 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 ...

July 22, 2019 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...

July 12, 2019 1 min read

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 ...

July 1, 2019 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
June 28, 2019 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 ...

June 22, 2019 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...

June 21, 2019 2 min read
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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...

June 12, 2019 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...

May 28, 2019 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...

May 14, 2019 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...

May 3, 2019 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 ...

May 2, 2019 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...

April 17, 2019 3 min read

Sri Lanka Ports Authority to buy more cranes

ECONOMYNEXT – Sri Lanka Ports Authority (SLPA) is to buy three Ship to Shore (STS) cranes from China under the ex...

April 11, 2019 2 min read

Sri Lanka investment agency opens centre in Hambantota port

ECONOMYNEXT – Sri Lanka’s Board of Investment (BOI) has set up a ‘one-stop’ service centre at...

April 3, 2019 2 min read

Student enrolment propels 40-pct growth in Sri Lanka logistics institute membership

ECONOMYNEXT – Membership of the Chartered Institute of Logistics and Transport (CILT) in Sri Lanka grew 40 percen...

April 3, 2019 2 min read

GAC Sri Lanka gets new chief, eyes outsourcing business

ECONOMYNEXT – Ravi Edirisinghe has been appointed director and chief executive in Sri Lanka of GAC Group, a globa...

March 25, 2019 2 min read
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