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Sri Lanka's Hambantota port backed by China's Sinopec to expand bunkers offering

First cruise ship since Covid-19 pandemic calls at Hambantota

August 6, 2021 2 min read

Sri Lanka's Adani-JKH US$650mn port terminal gets 25-year tax holiday

First 600mn phase to be operation in 36-months

August 4, 2021 2 min read

Sri Lanka Ports Authority profits Rs4.9bn up to April 2021

SLPA revenues had grown 23 percent to 17,024 million rupees

August 2, 2021 1 min read

Sri Lanka's ExpoLanka Holdings profits surge in June 2021

"This was driven by a surge in consumer demand in the US retail markets"

July 30, 2021 2 min read
China Merchants, Sri Lanka's Access to build US$392mn logistics hub

The 530,000 CBM facility will begin construction in 2023 and be completed in 2025

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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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

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
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