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Friday September 30th, 2022

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...

January 29, 2021 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 ...

January 27, 2021 1 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...

January 25, 2021 1 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 ...

January 25, 2021 1 min read
Sri Lanka recovers X-Press Pearl black box, chief officer questioned on stowage plan

Police have questioned the captain, chief engineer and deputy chief engineer

Sri Lanka official on X-Press Pearl fire: loading conflicts on dangerous goods are usually detected

Goods have to be correctly declared for safe stowage

Sri Lanka shipping sector still corrupt, Shippers’ Council chief says

ECONOMYNEXT – Corrupt practices are is still prevalent in the shipping sector which, along with government polici...

July 11, 2018 2 min read

Sri Lankan industry told to face competition, no protection

ECONOMYNEXT – Sri Lanka’s government is committed to further opening up the economy and industry must be r...

July 10, 2018 2 min read

Maersk extends store-to-door integrated logistics service to Sri Lanka

Danish shipping line Maersk plans to offer its new ‘store-to-door’ service in Sri Lanka, under a global str...

Rohan Gunasekera
July 7, 2018 2 min read

Maersk presses for Sri Lanka ship agency, logistics ownership liberalisation

ECONOMYNEXT – Danish shipping line Maersk has said it is waiting for Sri Lanka’s government to implement p...

Rohan Gunasekera
July 6, 2018 3 min read

Pay hike seen hitting Sri Lanka Ports Authority profit

ECONOMYNEXT – A pay hike demanded by stevedores unions at Colombo port after the Sri Lanka Ports Authority (SLPA)...

July 5, 2018 2 min read

China rejects debt trap charge; says making Sri Lanka logistics hub

China has rejected charges of creating a debt trap in Sri Lanka despite gaining a 99-year lease on a port, which is much...

July 4, 2018 2 min read

Sri Lanka PM says turning white elephants green

The Sri Lankan government has started to turn around Hambantota port, a white elepant that was draining a state port age...

June 30, 2018 2 min read

Sri Lanka says pressing ahead with shipping liberalization, amid Indian moves

Sri Lanka will press ahead with liberalizing the island’s shipping industry Finance Minister Mangala Samaraweera ...

June 29, 2018 3 min read

China’s CM Port makes last payment to Sri Lanka for Hambantota Port

ECONOMYNEXT – Chinese global port operator China Merchant Port Holdings Limited (CM Port) has paid Sri Lanka the ...

June 20, 2018 1 min read

Sri Lanka’s SAGT gets third service from Japanese shipping group

ECONOMYNEXT – Ocean Network Express (ONE), the mega carrier born out of the merger between three Japanese shippi...

June 20, 2018 1 min read
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Sri Lanka’s Hemas group eyes overseas business with logistics centre JV

Sri Lankan conglomerate Hemas Holdings is looking to expand regionally with its new logistics centre housing a container...

June 19, 2018 2 min read

Merged Japanese shipping line ONE starts Sri Lanka calls

Ocean Network Express (ONE), a Japan-based shipping line, has begun calling at Sri Lanka's Colombo, port.

June 15, 2018 1 min read

Sri Lanka port deal with China deadlocked over island dispute: report

A Chinese state firm is holding back a part payment of 585 million US dollars for Hambantota Port over a unresolved issu...

June 10, 2018 1 min read

Sri Lanka port expansion delays cause concern: Hemas

ECONOMYNEXT – Delays in further expanding Colombo port with the addition of more container terminals is a cause f...

June 6, 2018 1 min read

Sri Lanka Colombo Port volumes up 16.2-pct in 1Q, fastest after Singapore

Containers handled at Sri Lanka's Colombo port grew 16.2 percent from a year earlier to 1.7 million twenty foot equivale...

May 29, 2018 1 min read

Sri Lanka Ports Authority profits sharply up in 2017

State-run Sri Lanka Ports Authority said it had made 13.3 billion rupees of profits in 2017, up from 1.03 billion rupees...

May 17, 2018 1 min read

Japanese alliance adds Sri Lanka’s SAGT to new container shipping service

ECONOMYNEXT – Ocean Network Express, a new global container carrier alliance of three Japanese liner companies, h...

April 23, 2018 2 min read

APL opens new office in Sri Lanka, says shipping hub prospects good

APL, one of the world’s leading container shipping lines, said it opened a new office in Colombo, the capital of ...

April 6, 2018 2 min read

Sri Lanka's Colombo ranked 13th best connected port in the world

Sri Lanka's Colombo port has been ranked the 13th best connected port in the world in 2017, moving up five places from 1...

March 26, 2018 2 min read

Sri Lanka's Colombo port targets 7mn boxes in 2018 with joint marketing: Minister

Sri Lanka's Colombo Port expect to handle 7.0 million containers in 2018, up 12.9 percent from the 6.2 million twenty fo...

March 17, 2018 3 min read
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