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Sunday December 3rd, 2023
Shipping

Sri Lanka okays towing X-Press Pearl to deeper waters

President stated that the decision taken should be based solely on technical facts

June 2, 2021 1 min read

Salvors board X-Press Pearl off Sri Lanka after putting out fire

Assessment of the ship being carried out

June 1, 2021 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

May 31, 2021 4 min read

Sri Lanka's John Keells to get 34-pct of container terminal, Adani 51-pct: report

The parties had been given 180 days from May 03, for financial closure

May 31, 2021 1 min read
Sri Lanka Colombo port, container terminals assure normal services despite crisis

Normal and expected levels in the Port of Colombo, despite the economic and political crisis

Sri Lanka's China backed port visited by top Japan foreign officers

Sought information relating to port activity and the economy of the southern part of Sri Lanka

Sri Lanka's Expolanka Freight net up 39-pct

Profits at Sri Lanka's Expolanka Freight Holdings Plc grew 39 percent to 469 million rupees in the December 2018 quarter...

February 8, 2019 2 min read

Colombo Dockyard gets US$3mn deal for Sri Lanka Ports Authority pilot boats

ECONOMYNEXT - Colombo Dockyard has won a 3.12 million US dollar order to build two pilot boats for the Sri Lanka Ports A...

February 5, 2019 1 min read

New Sri Lanka shipping policy sees lower dependence on Indian cargo

ECONOMYNEXT – Sri Lanka’s new national policy for its maritime and logistics sectors foresees reduced depe...

January 31, 2019 2 min read

Sri Lanka to review proposed port tariff hike after protests

ECONOMYNEXT - Sri Lanka has appointed a committee to review a hike in port charges proposed in late 2018, and no change ...

January 29, 2019 1 min read

Kavan Ratnayaka new chairman of Sri Lanka Ports Authority

ECONOMYNEXT - Kavan Ratnayaka, former head of tourism development, has been appointed the new chairman of the state-run ...

January 17, 2019 1 min read

Sri Lanka’s Hambantota port diversifies into cement industry cargo

ECONOMYNEXT – Hambantota International Port (HIP) has handled its first shipment for the cement industry, enablin...

January 16, 2019 2 min read

Sri Lanka’s Hambantota port business diversifying, ship calls up

ECONOMYNEXT – Sri Lanka’s Hambantota port has seen a sharp increase in vessel calls in 2018 with its busin...

January 10, 2019 2 min read

Global player to run bunkering in Sri Lanka’s Hambantota port

ECONOMYNEXT – A global player in the bunkering business will be selected soon to supply ship fuel at Sri Lankaââ...

January 7, 2019 2 min read

Sri Lanka based Hayleys Advantis to manage Abu Dhabi container depot

Sri Lanka-based Hayleys Advantis said it had won a deal to manage a container depot in Abu Dhabi, built by UAE based Tru...

January 6, 2019 2 min read

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...

December 31, 2018 2 min read
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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...

December 31, 2018 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 ...

December 28, 2018 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 ...

December 24, 2018 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...

December 24, 2018 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...

December 24, 2018 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...

December 19, 2018 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...

December 14, 2018 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...

December 13, 2018 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...

December 13, 2018 2 min read

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...

December 5, 2018 1 min read