An Echelon Media Company
Monday November 9th, 2026
Shipping

No hazardous chemicals in Liberian vessel that called on Colombo Port: official

Officials said the vessel is a frequent caller at Colombo, but this time it was on its way to Europe.

October 5, 2021 2 min read

Sri Lanka's JKH to invest US$70mn for 34-pct West Terminal

The debt funding for the project has been secured

September 30, 2021 1 min read

Sri Lanka seeks investors to develop historic Galle Port in US$175mn PPP

The project involves deepening the port and building a new breakwater

September 22, 2021 1 min read

Sri Lanka awards coal barge contract to Shreeji Shipping of India

Contract for the period 2021/2022 and 2022/2023

August 31, 2021 1 min read
Sri Lanka's Colombo Port volumes up 24-ct on Red Sea attacks

New ship-to-shore cranes at the ports East Container Terminal can further boost volumes

Iran rescues 21 Sri Lanka sailors from storm tossed tanker

Cook Islands-flagged tanker had been caught in heavy storms

Sri Lanka asks Qatar to partner with SriLankan Airlines

ECONOMYNEXT - Sri Lanka's President Maithripala Sirisena had asked Qatar to partner with the island's troubled national ...

October 26, 2017 2 min read

Sri Lanka Navy rescues crew of sunken Indian vessel

Sri Lanka's Navy said it had rescued seven crew members of an Indian merchant vessel which sank on route to the Maldives...

October 22, 2017 1 min read

Maersk Triple E containership calls at Sri Lanka's Colombo port

MV Maersk Milan, a Denmark flagged vessel owned by Maersk has called at Colombo Port in Sri Lanka, making it the biggest...

October 21, 2017 1 min read

New attitudes key for Sri Lanka to be logistics hub: Harsha

ECONOMYNEXT – Changing attitudes towards global integration and removing barriers to trade are important if Sri L...

October 13, 2017 2 min read

Sri Lanka’s Walkers gets ADB loan for shipyard project

ECONOMYNEXT – The Asian Development bank (ADB) has approved a US$4 million loan to Walkers Colombo Shipyard (Pvt)...

October 12, 2017 1 min read

Sri Lanka to try again to set up ferry service with India

Sri Lanka will recall expressions of interest to set up a ferry service between Colombo port and Tuticorin in India, Inf...

October 4, 2017 1 min read

Sri Lankan logistics firms told to go digital to stay competitive

Sri Lankan logistics companies need to embrace disruptive digital technologies to remain competitive and gain an edge, t...

October 4, 2017 2 min read

Sri Lanka’s Walkers Shipyard launches tug

ECONOMYNEXT – Walkers Colombo Shipyard (Pvt) Ltd, a subsidiary of Sri Lanka’s MTD Walkers PLC group, said ...

September 28, 2017 1 min read

Sri Lanka’s Colombo Dockyard to build cable ship

ECONOMYNEXT – Colombo Dockyard has begun building a cable-laying vessel for Kokusai Cable Ship Co. Ltd., the Sri ...

September 8, 2017 1 min read

Sri Lanka's Expolanka unit sued by US logistics firm

RCS Logistics, a New Jersey USA based firm said it had sued a New York based unit of Sri Lanka-based Expolanka Holdings ...

September 7, 2017 1 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 Shipping Corporation in trouble after controversial China vessel deal

Sri Lanka's state-run Ceylon Shipping Corporation Ltd has warned that ships ordered from China in 2014 were overpriced a...

September 1, 2017 3 min read

Hayleys buys Sri Lanka Shipping Company for Rs4.9bn

Diversified Hayleys group said its logistics division had bought Sri Lanka Shipping Company Limited for 4.9 billion rupe...

August 29, 2017 1 min read

Sri Lanka's Colombo container transhipment up 5.8-pct

Sri Lanka's Colombo port handled 2.95 million containers, up 6.1 percent from a year earlier, with transhipment volumes ...

August 28, 2017 1 min read

Sri Lanka's MTD Walkers to expand shipyards, eyes Maldives

Sri Lanka's MTD Walkers, a publicly traded construction and engineering group, said it is eyeing a third shipyard in Gal...

August 22, 2017 1 min read

Loose talk hurts govt credibility, Sri Lanka business lobby warns

ECONOMYNEXT – The Ceylon Chamber of Commerce, Sri Lanka’s top business lobby, has urged the government to ...

August 15, 2017 2 min read

CM Port on negative rating watch after Sri Lanka deal

China Merchant Ports (CM Port), port has been put on negative rating watch by S&P, a rating agency after the firm announ...

July 31, 2017 2 min read

Sri Lanka to ink Hambantota port deal with China Saturday: PM

Sri Lanka will go ahead with singing a deal to sell Hambantota port to China Saturday Prime Minister Ranil Wickremasieng...

July 28, 2017 1 min read

Sri Lanka finalises $1.12 bn port deal with China

AFP - Sri Lanka's government Tuesday approved the sale to China of a majority stake in a loss-making but strategically-s...

July 25, 2017 2 min read

Sri Lankan logistics experts push for professionalism in transport planning

ECONOMYNEXT – Sri Lankan logistics professionals are pushing for a more scientific approach to transport planning...

July 19, 2017 4 min read

Sri Lanka Ports Authority lost Rs572mn in first four months of 2017

ECONOMYNEXT - Sri Lanka Ports Authority (SLPA) made a loss of 572 million rupees in the first four months of this year a...

July 13, 2017 1 min read