An Echelon Media Company
Monday November 9th, 2026
Shipping

Sri Lanka importers see freight costs plunge after US tightening

Today a container from Shanghai to Colombo is 1,100 US dollars. Back to normal.

December 22, 2022 2 min read

Sri Lanka Navy rescues 104 Myanmar boat people

In rough sea conditions, the Navy made a strenuous effort and rescued those 104 Myanmar nationals

December 19, 2022 1 min read

Sri Lanka offers East Container Terminal to Japan: President

Sri Lanka cancelled the ECT deal with India and China unilaterally in February 2021

December 5, 2022 1 min read

Sri Lanka Ports Authority East Terminal contractor paid: Minister

Every penny we collect as dollars we are keeping them separately

December 4, 2022 2 min read
Sri Lanka, India plan second ferry connection

Officials should work towards early recommencement of the passenger ferry service between Rameshwaram and Talaimannar

India's Adani drops US funding request for Sri Lanka terminal with JKH

."We have withdrawn our request for financing from the DFC."

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
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

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 Lankaâ�...

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

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