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Monday June 3rd, 2024
Shipping

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

X-Press Pearl: Sri Lanka forms expert groups for environmental, economic costs

To get maximum compensation and channel to affected persons

June 8, 2021 3 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

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.

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

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 Lankaââ...

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
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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

CICT adds capacity for bigger ships at Sri Lanka’s Colombo port

ECONOMYNEXT – Colombo International Container Terminals (CICT) said it was buying more cranes that will enhance d...

December 14, 2018 2 min read

Sri Lanka port capacity crunch could lead to lost business

ECONOMYNEXT – Further delays in adding container handling capacity at Sri Lanka’s Colombo port, which is n...

December 13, 2018 2 min read

Investment opportunities seen in Sri Lanka’s logistics firms

ECONOMYNEXT – Sri Lanka’s logistics businesses offer attractive investment opportunities both among specia...

December 13, 2018 2 min read

Cruise ship calls grow strongly at Sri Lanka port

ECONOMYNEXT – Calls by cruise ships have grown strongly at Sri Lanka’s main port of Colombo this year with...

December 5, 2018 1 min read

China Harbhour Engineering wins deal to expand Sri Lanka port anchorage

China Harbhour Engineering Company has been selected to expand the deep water anchorage capacity at a container terminal...

November 22, 2018 1 min read

Sri Lanka's Colombo Port volumes up 14.9-pct by Sept

ECONOMYNEXT - Container volumes at Sri Lanka's Colombo Port rose 14.9 percent to 5,223,292 twenty foot equivalent units ...

November 12, 2018 1 min read

Sri Lanka looks to raise port charges

Sri Lanka is looking to raise charges and get more revenue from port services, Ports and Shipping Minister Mahinda Samar...

November 7, 2018 1 min read
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