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Shipping

Sri Lanka seeks investors to develop historic Galle Port in US$175mn PPP

The project involves deepening the port and building a new breakwater

September 22, 2021 1 min read

Sri Lanka awards coal barge contract to Shreeji Shipping of India

Contract for the period 2021/2022 and 2022/2023

August 31, 2021 1 min read

Sri Lanka’s Expolanka buys US-based IDEA Logistics for $9.7mn

IDEA has logistics operations in South America

August 27, 2021 1 min read

Yacht yard at Sri Lanka's Hambantota port: Namal

US$58mn to be invested

August 9, 2021 1 min read
China attempts to prove its close cooperation with debt defaulted Sri Lanka

"We are always "providing free charcoal in the snow" instead of "collecting rented-umbrellas in the rain", - CMG chief

Sri Lanka's Trincomalee port starts night operations

Japan had handed over a required equipment in a project that concluded on April 17.

Sri Lanka's Hambantota Port, vocational outfit train youth for harbour jobs

The Chinese-run Hambantota International Port (HIP) in southern Sri Lanka said it has tied up with a vocational training...

November 20, 2019 2 min read

Sri Lanka's Expolanka in Rs830mn Sept quarter loss

Sri Lankan logistics group Expolanka Holdings lost 830 million rupees in the September 2019 quarter compared with a prof...

November 7, 2019 1 min read

Costa Cruises begins Indian Ocean fortnightly cruises to Sri Lanka

Italy-based Costa Cruises has kicked of the first of a series of fortnightly cruises to Western India, Maldives and Colo...

November 7, 2019 1 min read

Sri Lanka's Ceyline group to buy bulk carrier

Ceyline Holdings, a diversified Sri Lankan maritime business group, plans to get into ship owning with the acquisition o...

November 6, 2019 1 min read

Sri Lanka lifts floor barrier for bonded warehouses

Sri Lanka's finance minister Mangala Samaraweera proposed to lift the requirement for a minimum 50,000 square feet (abou...

October 18, 2019 1 min read

Sri Lanka's Hambantota port in deal with NYK to tranship vehicles

Hambantota International Port Group (HIPG) said it recently entered into an agreement with Japanese shipping conglomerat...

October 17, 2019 2 min read

Sri Lanka hub status grows despite direct mainline calls to Indian ports

Sri Lanka's Colombo port status as a container hub is growing despite shipping lines making direct calls to Indian ports...

October 9, 2019 2 min read

Sri Lanka's Hambantota port says how automation, new system improved business

A new terminal handling system and moves towards automation has helped Sri Lanka's Hambantota port improve business, a s...

October 7, 2019 2 min read

Sri Lanka to buy fourth gantry crane from China's Zhenhua

State-run Sri Lanka Ports Authority has been cleared to buy a fourth gantry crane from China's Shanghai Zhenhua Heavy In...

September 26, 2019 1 min read

Sri Lanka's Colombo transshipment shrink as India imports plunge

Container transshipment volumes at Colombo Port in Sri Lanka contracted 2.9 percent in July 2019 from a year earlier to ...

September 24, 2019 1 min read
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Sri Lanka's Mercantile Shipping to sell ships for Rs1.8bn to repay debt

Sri Lanka's Mercantile Shipping Company is to sell two cargo ships owned by a subsidiary, Mercantile Emerald Shipping (P...

September 20, 2019 1 min read

Colombo Dockyard gets third pilot launch order from Sri Lanka port

State-run Sri Lanka Port Authority is to award a deal to build a pilot vessel to Colombo Dockyard Plc, a Colobo publicly...

September 18, 2019 1 min read

China-run Hambantota port in Sri Lanka links with Thailand's Ranong

Sri Lanka's China managed Hambantota Port has inked a deal with Thailand's Ranong port with a view to developing shippin...

September 16, 2019 2 min read

Improved ports, airports help Sri Lanka better use trade deals

Improving transportation and logistics infrastructure will help Sri Lanka better use existing and planned free trade agr...

September 9, 2019 3 min read

Sri Lanka port terminal co-operation mooted to ease congestion

Worsening congestion at Sri Lanka’s Colombo port could be eased with more co-operation among its competing cargo termi...

September 6, 2019 2 min read

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...

August 30, 2019 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...

August 29, 2019 1 min read
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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...

August 22, 2019 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...

August 21, 2019 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...

August 16, 2019 2 min read
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