Sri Lanka

Sri Lanka

31 Aug 2015
China Merchants Holdings (International)’s first half net profit jumped 29 percent year-over-year to HK$2.8 billion ($US 361 million) after throughput gains at Chinese terminals exceeded China’s overall container growth rate and traffic through overseas facilities rose at a double-digit clip.
10 Jul 2015
The Sri Lankan government is to looking to attract overseas involvement in the running of two new port terminals in Colombo and Hambantota.
27 May 2015
China is looking at investing in the outer reaches of the One Belt One Road trade footprint as state-owned China Merchants Group considers a deal with Lithuania’s port of Klaipeda on the Baltic Sea.
19 May 2015
Container carrier APL said it will replace its current Singapore West Asia Express (SWX) service in the intra-Asia trade with a new weekly service, branded the Asia Sub-continent (AS1), starting at the end of this month.
17 Apr 2015
China’s grand dream of a maritime Silk Road for the 21st Century is paving the way for Chinese port operators to spread their way of conducting domestic business beyond Chinese borders.
13 Mar 2015
APL Logistics will establish a regional consolidation hub for South Asia in Sri Lanka by the second half of 2015, the Singapore-based forwarder has announced.
05 Feb 2015
Beijing’s bid to increase its strategic foothold in Sri Lanka was back on track after the island nation’s cabinet said a $1.5 billion port city would go ahead, dismissing a threat to scrap the deal signed with China by the previous government.
17 Dec 2014
The largest container ship handled by an Indian port was the 14,000 TEU capacity vessel MSC Valeria at Mundra in 2013, a record that has little chance of being broken any time soon.
Ocean carrier rate revision roundup for Nov. 21
21 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Ocean carrier rate revision roundup for Nov. 7
07 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
02 Oct 2014
CMA CGM has teamed up with Sri Lankan logistics group Hayleys Advantis to set up a shared service center in Colombo.