An Echelon Media Company
Friday August 19th, 2022
Shipping

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

Uranium ship leaves Sri Lanka's Hambantota port

A ship loaded with Uranium bound for China which had docked at Sri Lanka's Hambantota Port for emergency repairs had lef...

April 21, 2021 1 min read

Evergreen ship blocking Suez Canal beginning to float helped by Super Moon

A ship blocking Suez canal has been refloated helped by rising tides after several days of work with tugs and dredgers, ...

March 29, 2021 2 min read
Sri Lanka links some turtle deaths to X-Press Pearl fire, whale death probed

Some fish coming ashore have also had plastic nurdles (polypropylene granules) that had spilt from the ship.

X-Press Pearl fully sunk off Sri Lanka, sonar search planned for lost containers

Navigation warning lights to be installed to warn other ships

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

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
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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

60-pct foreign ownership in Sri Lanka shipping, Maersk keen on East Terminal

ECONOMYNEXT – Sri Lanka will raise foreign ownership in ship agencies to 60 percent in the first stage of liberal...

March 15, 2019 2 min read

Sri Lanka Ports Authority to buy three cranes from China

The Sri Lanka Ports Authority is to buy three ship-to-shore gantry cranes from China’s Shanghai Zhenhua Heavy Ind...

March 14, 2019 1 min read
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