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Monday November 9th, 2026
Shipping

Sri Lanka awaits salvage of X-Press Pearl wreck to make second damage claim

Salvage had been delayed due to bad weather

February 1, 2023 2 min read

Sri Lanka's Expolanka net down 87-pct as Fed stops printing money

Both air and sea freight see contraction as global trade volumes fall

January 29, 2023 2 min read

Sri Lanka cabinet clears China backed cargo service centre

It will be developed with a 150 million US dollar investment

January 24, 2023 1 min read

Sri Lanka's ECT revenue rises as government awaiting for Japan offer response

Sri Lanka's dilomatic ties with Japan, India severed after it unilaterally cancelled a tripartite deal

January 2, 2023 2 min read
Sri Lanka's China-backed Hambantota industrial park gets mattress export firm

Firms in the industrial zone will be able to use the container terminal in the Hambantota Port

Sri Lanka investment agency opens centre in Hambantota port

ECONOMYNEXT – Sri Lanka’s Board of Investment (BOI) has set up a ‘one-stop’ service centre at...

April 3, 2019 2 min read

Student enrolment propels 40-pct growth in Sri Lanka logistics institute membership

ECONOMYNEXT – Membership of the Chartered Institute of Logistics and Transport (CILT) in Sri Lanka grew 40 percen...

April 3, 2019 2 min read

GAC Sri Lanka gets new chief, eyes outsourcing business

ECONOMYNEXT – Ravi Edirisinghe has been appointed director and chief executive in Sri Lanka of GAC Group, a globa...

March 25, 2019 2 min read

60-pct foreign ownership in Sri Lanka shipping, Maersk keen on East Terminal

ECONOMYNEXT – Sri Lanka will raise foreign ownership in ship agencies to 60 percent in the first stage of liberal...

March 15, 2019 2 min read

Sri Lanka Ports Authority to buy three cranes from China

The Sri Lanka Ports Authority is to buy three ship-to-shore gantry cranes from China’s Shanghai Zhenhua Heavy Ind...

March 14, 2019 1 min read

Sri Lanka’s Dockyard eyes LNG storage, hi-tech, smaller vessels

ECONOMYNEXT – Colombo Dockyard, Sri Lanka’s listed shipyard, is changing its shipbuilding strategy and aim...

March 13, 2019 2 min read

Sri Lanka shipping liberalisation before presidential poll: Mangala

ECONOMYNEXT – Sri Lanka’s government will implement delayed plans to liberalise the shipping sector, allow...

March 6, 2019 2 min read

Sri Lanka's JKH starts building US$14mn logistics park

Sri Lanka's John Keells Holdings has started building a 14 million US dollar logistics park which will provide services ...

March 1, 2019 1 min read

Maersk mulls increasing container handling in Sri Lanka

ECONOMYNEXT - Maersk A/S, the world’s biggest container shipping line, is considering increasing its container ha...

February 28, 2019 1 min read

Sri Lanka to make Colombo ‘smart port’ with automated functions

ECONOMYNEXT – Sri Lanka’s ports and shipping ministry said it will spend 929 million rupees to modernise i...

February 25, 2019 2 min read
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Latest Last
US Dollar 331.7485 330.8514
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today yesterday
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Sri Lanka’s shipping ministry dumps defunct Oluvil port on fisheries ministry

ECONOMYNEXT – Sri Lanka’s ports and shipping ministry has decided to transfer the eastern port of Oluvil, ...

February 21, 2019 2 min read

Sri Lanka yet to decide on liberalising shipping

ECONOMYNEXT – Sri Lanka’s government has not yet decided on a budget proposal to liberalise the shipping s...

February 21, 2019 2 min read

Northern Sri Lanka port to be developed with Indian aid to handle general cargo

ECONOMYNEXT – Sri Lanka is to develop the northern Kankesanthurai (KKS) harbour with Indian aid to enable it to b...

February 14, 2019 2 min read

Sri Lanka shipping policy to encourage ship finance

ECONOMYNEXT – Sri Lanka’s new national policy for its maritime and logistics sectors has recommended sever...

February 12, 2019 1 min read

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