An Echelon Media Company
Monday November 28th, 2022

Sri Lanka's Colombo port ranked 22 in world, 1 in South Asia

In the next 2 to 5 years the two terminals will add 7 million TEUS in capacity

June 3, 2022 1 min read

Sri Lanka LOLC Holdings net up 440-pct in March

LOLC has foreign operations and the Sri Lanka rupee fell steeply in March

June 1, 2022 1 min read

Sri Lanka's Colombo port to use bicycles amid assurances of fuel and power

Ceylon Association of Shipping Agents (CASA) has gifted 100 bicycles to the port

May 31, 2022 2 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

May 25, 2022 2 min read
Sri Lanka to release 950 containers held at port

The clearing of the containers will reduce congestion in the container yards at Colombo Port.

Sri Lanka Ports Authority to call international tender to buy tug

Port activity is increasing

Yacht yard at Sri Lanka's Hambantota port: Namal

US$58mn to be invested

August 9, 2021 1 min read

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

Sri Lanka's Adani backed container terminal finalizing design, structuring: John Keells

Work is progressing well towards meeting the conditions stipulated in the LOI

July 29, 2021 1 min read

China firm proposes US$200mn cargo services centre in Colombo Port

Panel to evaluate the proposal

Imesh Ranasinghe
July 27, 2021 1 min read

Sri Lanka container volumes up 19-pct in May 2021

Transshipment containers grew 14 percent to 464,269 unit though down from 483,732 pre-Covid

July 15, 2021 1 min read

Sri Lanka shippers welcome ruling on extra import freight charges

Delivery order fees capped

July 14, 2021 6 min read

Sri Lanka's China-backed Hambantota port volumes up 186-pct in 2021 first half

Cargo handled was 1,206,425 metric tonnes up from 420,421 metric tonnes a year ago.

July 11, 2021 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7757 371.7599
UK Pound 442.7119 438.8584
Euro 387.1945 385.3880
Aus Dollar 253.0234 251.0798
Yen 2.6686 2.6603
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4818 4.4863
Korea Won 0.2748 0.2747
Oman Rial 944.1068 944.1068
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.9627 98.9627
Source: Central Bank/Indicative
pts %
S&P SL20 2,464.20 -3.19%
CSE All Share 8,087.04 -2.47%
Turnover Rs million 1,626,658,918 1,576,314,848
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka detectives drop another bombshell in X-Press Pearl probe

More communication records missing

June 30, 2021 3 min read

X-Press Pearl - Sri Lanka's shipping agents group explains background on dangerous cargo

Most ships routinely carry hazardous cargo subject to rules

June 29, 2021 8 min read

Boxship MSC Messina hit by engine room fire after leaving Sri Lanka

Another vessel within sight

June 25, 2021 1 min read

Nihal Keppetipola takes over as Chairman of Sri Lanka Ports Authority

He had been managing director of the agency and Harbhour Master in Colombo

June 23, 2021 1 min read

Sri Lanka links some turtle deaths to X-Press Pearl fire, whale death probed

Some fish coming ashore have also had plastic nurdles (polypropylene granules) that had spilt from the ship.

Imesh Ranasinghe
June 19, 2021 5 min read

X-Press Pearl fully sunk off Sri Lanka, sonar search planned for lost containers

Navigation warning lights to be installed to warn other ships

June 17, 2021 2 min read

X-Press Pearl chemicals likely to get diluted off Sri Lanka seas: official

Plastics collection is a key focus

June 15, 2021 3 min read

Sri Lanka arrests X-Press Pearl captain under pollution law, seeks IMO expertise

IMO expertise also sought

June 14, 2021 1 min read

Sri Lanka seeks US$40mn in interim damages from X-Press Pearl

Expert Committees to assess longer term damage

June 12, 2021 1 min read

Partially sunken X-Press Pearl off Sri Lanka leaching grey material into sea

Vessel carried over 800 tonnes of caustic soda and also urea

June 11, 2021 2 min read