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Monday November 9th, 2026
Shipping

Sri Lanka’s Expolanka buys US-based IDEA Logistics for $9.7mn

IDEA has logistics operations in South America

August 27, 2021 1 min read

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 to pilot pre-arrival processing of import shipments from May

"We plan on getting cargo information 48 hours before the departure of the ship from the foreign port,"

Sri Lanka's China-backed port starts container transshipment amid Red Sea crisis

The boxes arrived from Rotterdam and will be taken to Dubai

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
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US Dollar 331.7485 330.8514
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today yesterday
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SriLankan Airlines loses Rs9.5bn in four months

Sri Lanka's state-run SriLankan Airlines has lost 9.52 billion rupees in the first four months of 2017, up 55 percent fr...

July 8, 2017 2 min read

Sri Lanka’s CICT voted best container terminal

ECONOMYNEXT – Sri Lanka’s Colombo International Container Terminals (CICT) has been voted the Best Contain...

July 5, 2017 2 min read

Sri Lanka port deal will ease pressure on rupee: shipping minister

ECONOMYNEXT – A deal to lease Sri Lanka’s southern Hambantota harbour to a Chinese firm will have economy-...

July 3, 2017 2 min read

Hambantota deal acceptable to both parties ready: Sri Lanka port minister

ECONOMYNEXT – An agreement with China Merchants Port Holdings to run Sri Lanka’s southern Hambantota port ...

July 1, 2017 2 min read

Sri Lanka to invite bids for ‘Megapolis’ canal ferries

ECONOMYNEXT – Investors interested in providing ferry services along waterways in the Sri Lankan capital Colombo ...

June 16, 2017 1 min read

Dart Global gets land in Sri Lanka logistics zone

Dart Global Logistics has won a 30-year lease on a two-acre block of land in Muthurajawela, a marshland north of Colombo...

June 15, 2017 1 min read

Parakrama Dissanayake made Sri Lanka Ports Authority boss

Parakrama Dissanayake, a veteran shipping professional has been appointed Chairman of Sri Lanka Ports Authority by the n...

June 3, 2017 1 min read

Only a professional to head Sri Lanka Ports Authority, new minister says

ECONOMYNEXT – The new Minister of Ports and Shipping Mahinda Samarasinghe has said only a professional will be ap...

May 24, 2017 1 min read

Sri Lanka's Colombo Dockyard returns to profit

ECONOMYNEXT – Sri Lanka’s Colombo Dockyard returned to profit in the March 2017 quarter, with earnings of ...

May 17, 2017 1 min read

Sri Lanka's Colombo container terminal tender winner by end May

Sri Lanka has promised India that the winner of a competitive tender to build a container terminal in Colombo port will ...

May 1, 2017 1 min read