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Tags Port of Colombo

Tag: Port of Colombo

Sri Lankan government invests US$132 million in port development

The Sri Lankan government will spend around US$132 million on port development projects, as stated by the minister of ports, shipping, and aviation Nimal...

MSC America, first vessel under port promotion programme calls Colombo

MSC America, the first container vessel under the business promotion programme to bring new services to the Port of Colombo (POC), arrived on 7...

Sri Lanka box terminal introduces new trucks for inter-terminal transfers

South Asia Gateway Terminals (SAGT), Sri Lanka’s first Public Private Partnership Container Terminal, has announced new port equipment, including 30 new prime movers and...

Major box carriers to raise peak-season levy for India-US trades

After a brief gap that has seen some signs of freight rate softening and corrections, container lines actively operating on India-US trades are looking...

Colombo Port sees modest growth in transshipment boxes despite Sri Lanka’s economic crisis

The Port of Colombo attained a handsome growth in handling transshipment containers in March although Sri Lanka's major port saw severe congestion while the...

Colombo delays lead Hapag-Lloyd to suspend bookings from Europe to India

The current backlog in transshipment cargo from the port of Colombo in Sri Lanka to Visakhapatnam, India will be causing delays that are expected...

World’s largest container vessel calls at Colombo port

The largest container vessel in the world, the 24,000TEU class Ever Ace has made its inaugural call at the Port of Colombo, docking at...

SLPA signs US$700 million deal for new container terminal in Colombo

The Sri Lanka Ports Authority (SLPA) and Adani Ports and Special Economic Zone Limited (APSEZ) have signed a 35-year agreement to jointly develop the Colombo West...

Navis changes hands while its TOS attracts new entries

The California-based technology investment firm, Accel-KKR has completed the acquisition of Navis LLC with all business units and employees transferred by the end of 2021. The...

Adani Ports signs LoI to develop Colombo’s WCT

Adani Ports & SEZ announced it has signed a Letter of Intent (LoI) with the Sri Lankan government to develop and operate the strategic...
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Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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