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Saturday November 27th, 2021
Shipping

Sri Lanka's Expolanka Holdings profits soar amid pandemic disruptions

Profits at Sri Lanka's Expolanka Holdings Plc soared to 4.5 billion rupees in the December 2020 quarter, up from 15 fold...

2 min read

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 ...

2 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...

2 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 ...

2 min read

X-Press Pearl salvors mull boarding as Sri Lanka eyes pollution claim

Salvors are exploring the possibility of boarding the ship and making a tow connection

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

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 ...

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...

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...

1 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...

2 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...

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...

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...

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 201.2131 200.9721
UK Pound 267.6235 268.1470
Euro 225.6504 225.2998
Aus Dollar 143.8472 144.8205
Yen 1.7515 1.7421
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6970 2.6953
Korea Won 0.1686 0.1689
Oman Rial 522.6246 522.0190
Saudi Riyal 53.6354 53.5768
UAE Dirham 54.7802 54.7146
Source: Central Bank/Indicative
pts %
S&P SL20 3,767.41 0.44%
CSE All Share 11,025.73 1.06%
Turnover Rs million. 2,191,558,044.10 9,980,315,103
Source: CSE
Latest Last
3-m bill 7.63 7.76
6-m bill 7.88 7.96
12-m bill 8.16 8.20
5-yr bond 10.58 10.47
8-yr bond 11.20 11.21
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

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...

1 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...

1 min read

Sri Lanka's Colombo Port volumes up 14.9-pct by Sept

ECONOMYNEXT - Container volumes at Sri Lanka's Colombo Port rose 14.9 percent to 5,223,292 twenty foot equivalent units ...

1 min read

Sri Lanka looks to raise port charges

Sri Lanka is looking to raise charges and get more revenue from port services, Ports and Shipping Minister Mahinda Samar...

1 min read

Sri Lanka’s Hambantota port gets new gear for heavy load handling

ECONOMYNEXT – Sri Lanka’s Chinese-run Hambantota port on the south coast has got new equipment designed to...

1 min read

Indian shipping modernisation threatens Sri Lankan transhipment volumes

ECONOMYNEXT – The modernisation of Indian ports and liberalisation of regulations could threaten the container tr...

2 min read

Sri Lanka’s ship agency liberalisation will draw foreign investment, cut costs: Eran

ECONOMYNEXT – Liberalising Sri Lanka’s ship agency sector will attract foreign investment, improve efficie...

2 min read

Contentious Sri Lanka shipping reforms under spotlight at forum

ECONOMYNEXT - Sri Lankan government plans to liberalise shipping by removing foreign ownership controls will be discusse...

2 min read

Japan keen on China-run Hambantota Port in Sri Lanka

ECONOMYNEXT - Japan’s aid agency said it is in talks with Hambantota International Port Group (HIPG), a China - ...

1 min read

Sri Lanka's Hambantota Port to boost volumes with K-Line terminal deal

Sri Lanka's Hambantota Port said it has signed a terminal service agreement with Japan's K-Line, which will lead to more...

1 min read

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