FINANCIAL CHRONICLE – Hambantota International Port (HIP), developed by Chinese interests, has achieved a significant milestone by surpassing one million twenty-foot equivalent units (TEUs) in […]
Category: Shipping
Colombo Has Just Doubled the Capacity of Its Newest Terminal. India Is Building Ports Too
Colombo West International Terminal has doubled its annual capacity from 1.6 million to 3.2 million containers after handling more than 2 million TEUs in its […]
Sri Lanka Considers Joint Venture for ECT as Shipping Companies Express Interest, Says Minister
Sri Lanka is currently seeking collaborations with shipping companies to enhance the capabilities of the East Container Terminal (ECT), which is managed by the state-owned […]
US FMC Chair Advocates for Maritime Regulator in Sri Lanka to Boost Investment Opportunities
FINANCIAL CHRONICLE – Laura DiBella, the Chairman of the United States Federal Maritime Commission (FMC), emphasized the necessity for Sri Lanka to create an independent […]
CIMC Launches Initiatives in Sri Lanka to Enhance Shipping and Logistics Services
COLOMBO — In response to the evolving landscape of global shipping amid geopolitical challenges and vulnerabilities at critical chokepoints, Sri Lanka has officially inaugurated the […]
Hambantota Port in Sri Lanka Receives Latest Generation NYK Shipping Vessel
FINANCIAL CHRONICLE – The Hambantota International Port in Sri Lanka has marked a significant milestone with the arrival of the NYK vessel Azalea Leader, which […]
U.S. FMC Delegation Heads to Sri Lanka to Enhance Trade Relations
FINANCIAL CHRONICLE – Laura DiBella, the Chairman of the US Federal Maritime Commission (FMC), along with Commissioner Robert J. Harvey, is set to travel to […]
HIPG of Sri Lanka Provides Update on Vehicle Storage Regulations
FINANCIAL CHRONICLE – The Hambantota International Port Group (HIPG) in Sri Lanka has issued a clarification regarding its policy on vehicle storage. The organization emphasized […]
Sri Lanka Greenlights $17.16 Million Tugboat Lease for Port Operations
FINANCIAL CHRONICLE – The Sri Lankan cabinet has given the green light to procure two tugboats from Sri Lanka Shipping Company Limited for a total […]
Sri Lanka Pursues Maritime Partnership with the U.S., Extends Invitation to FMC Chair for Colombo Visit
FINANCIAL CHRONICLE — A prominent delegation from Sri Lanka has engaged with US maritime regulatory officials in Washington, D.C., to deliberate on maritime shipping oversight […]
2026 Sri Lanka Maritime and Logistics Conference Set to Launch from September 9-11
FINANCIAL CHRONICLE — The Colombo International Maritime and Logistics Conference (CIMC) will host its eighth edition from September 9 to 11, 2026, at the Radisson […]
Cargo Traffic at Sri Lanka’s Hambantota Port Surges Amid Changing Global Shipping Trends
FINANCIAL CHRONICLE – In June 2026, Sri Lanka’s Hambantota International Port (HIP) achieved unprecedented milestones in both roll-on/roll-off (RoRo) and container operations, largely due to […]
Sri Lanka’s Eastern Terminal Remains Public as Minister Confirms No Privatization Plans
According to Ports, Civil Aviation, and Energy Minister Anura Karunathilaka, no decisions have been made regarding the leasing or transfer of ownership of the Eastern […]
Pakistan’s Defence Secretary Engages in Talks on Aviation and Port Collaboration with Sri Lankan Minister
FINANCIAL CHRONICLE – During a visit to Sri Lanka, Pakistan’s Defence Secretary Muhammad Ali engaged in discussions with Anura Karunathilaka, the Minister of Ports, Civil […]
U.S. enables the participation of eight Sri Lankans in the Indian Ocean Ports and Supply Chains Forum.
FINANCIAL CHRONICLE – Last week, the U.S. Embassy in Sri Lanka played a crucial role in supporting a delegation of eight high-ranking officials from Sri […]
Sri Lanka Yet to Fully Enact Several Key International Maritime Conventions
Colombo, Sri Lanka — Sri Lanka’s maritime sector is facing renewed scrutiny amid concerns that several major international maritime conventions accepted by the country have not […]
The world’s most critical waterway has been effectively sealed. No ships have passed since 4 May?
The Strait of Hormuz, through which roughly a fifth of the world’s seaborne oil and liquefied natural gas once flowed daily, has been reduced to […]
ANALYSIS – Strategies to Revitalize Sri Lanka’s Colombo Port Amid Declining Trends
FINANCIAL CHRONICLE – The Colombo West International Terminal (CWIT), under the management of Adani Ports, is a glimpse into the future of port operations. The […]
