An Echelon Media Company
Monday November 9th, 2026
Shipping

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

Sri Lanka to probe spill-like satellite images of X-Press Pearl wreck: Minister

Up to June 09 no oil spill was reported on the vessel that carried sodium hydroxide

June 10, 2021 2 min read

Sri Lanka should modernise maritime policy, review role of shipping agents: Shippers' Council

Maritime conventions have to be ratified, firefighting and other services upgraded

June 9, 2021 4 min read

Sri Lanka scrapes 1,075 tonnes of X-Press Pearl waste off shores

"We are doing a complete study (adyanayak) about the incident."

June 9, 2021 2 min read
Japan trains Sri Lanka Coast Guard on oil spill response

The Japan Coast Guard (JCG) has trained 37 officers of the Sri Lanka Coast Guard (SLCG) on how to handle oil spills,

Sri Lanka's boat builders head to Dubai

Boat builders in Sri Lanka are headed to the Dubai International Boat show to showcase their capabilities

Sri Lanka ex-President says Hambantota port deal worst alternative

Sri Lanka's ex-President Mahinda Rajapaksa says a decision to sell 80 percent of Hambantota Port for 99 years to China M...

January 10, 2017 8 min read

Sri Lanka hopes to finalize Hambantota port deal in two weeks: Malik

Sri Lanka hopes to wrap a deal with China to run the Hambantota Port in the next two weeks, International Trade Minister...

January 5, 2017 1 min read

Sri Lanka still negotiating with China over Hambantota port: PM

Sri Lanka is still negotiating with China over several agreements relating to the Hambantota Port, Prime Minister Ranil ...

January 5, 2017 1 min read

Container volumes up 28-pct at Chinese terminal in Sri Lanka port

ECONOMYNEXT – Sri Lanka's Colombo International Container Terminals (CICT), run by China Merchants Port Holdings ...

January 2, 2017 2 min read

Sri Lanka can cut losses and benefit from Chinese investment in Hambantota: Samarajiva

Sri Lanka can reap benefits from Chinese investments in Hambantota which is now a dead weight with cost million in loan ...

December 29, 2016 5 min read

Sri Lanka Ports Authority to hire female gantry crane operators

ECONOMYNEXT – The Sri Lanka Ports Authority will next year employ its first female gantry crane operators present...

December 23, 2016 1 min read

Sri Lanka shipping minister touts opportunities in maritime sector

ECONOMYNEXT – High income jobs are available in the maritime industry for which Sri Lankan youth should train, Sr...

December 22, 2016 1 min read

Sri Lanka may cancel Colombo container terminal PPP: report

Sri Lanka may cancel the process to seek a private partner to build a container terminal at Colombo port, which attracte...

December 18, 2016 1 min read

Sri Lanka port strike damaged investor confidence: Eran

ECONOMYNEXT – A strike at Sri Lanka’s southern Hambantota port by dockers who prevented two ships from lea...

December 15, 2016 1 min read

Sri Lanka Minister says pushing for better terms in port sale to China

ECONOMYNEXT - Sri Lanka's Ports Minister Arjuna Ranatunga says he is still pushing to win more favourable terms for the ...

December 15, 2016 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 port to resume operations; dock workers given ultimatum

Sri Lanka's Hambantota Port will resume full operations on December 15, with striking dockworkers given until December 1...

December 14, 2016 1 min read

Sri Lanka navy breaks up dock worker strike

Sri Lankan security forces fired warning shots Saturday to disperse striking dock workers who have prevented a Japanese ...

December 10, 2016 2 min read

Sri Lanka, China Merchants Port Holdings in deal to operate Hambantota port

ECONOMYNEXT – The Sri Lankan government has approved a deal in which China Merchants Port Holdings will operate t...

December 7, 2016 1 min read

Controversy brews over Hong Kong length lease of Sri Lanka port to China: report

Sri Lanka's Ports Minister Arjuna Ranatunga had objected to a proposed 99-lease of Hambantota port to China, questioning...

November 21, 2016 2 min read

Scientists meet in Sri Lanka to build Indian Ocean forecasting system

ECONOMYNEXT – Scientists from Indian Ocean countries are meeting in Sri Lanka this week aiming to build a weather...

November 18, 2016 2 min read

Sri Lanka’s Dockyard makes Rs189mn loss in Sept quarter

ECONOMYNEXT – Sri Lankan shipyard Colombo Dockyard said it made a loss of Rs189 million in the September 2016 qua...

November 16, 2016 1 min read

Maersk keen on Sri Lanka port container terminal

ECONOMYNEXT – Denmark’s Maersk Group, which operates the world’s biggest container shipping line, i...

November 3, 2016 2 min read

Sri Lanka govt to service Hambantota loans; budget cash from asset sale

ECONOMYNEXT - Sri Lanka is expecting to raise a $1 billion upfront from the sale of an 80 percent stake in the Southern ...

November 3, 2016 2 min read

Sri Lanka terminal key growth business for China Merchant Port Holdings

ECONOMYNEXT – The deep-water container terminal in Sri Lanka’s Colombo port has shown the fastest growth a...

October 7, 2016 2 min read

Sri Lanka shipping line renegotiates loan for new ships

ECONOMYNEXT – Sri Lanka’s national carrier, Ceylon Shipping Corporation (CSC) is renegotiating a $70 milli...

October 7, 2016 2 min read