sri lanka

Embattled billionaire Gautam Adani pulled out of a loan deal with an American agency to fund a port terminal in Sri Lanka’s capital, ending an agreement

By Dan Strumpf Nov 24, 2024 (Bloomberg) –A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri

The Sri Lanka Ports Authority (SLPA) successfully averted a potential disaster after a fire broke out on a containership berthed at Jaya Container Terminal

by John Konrad (gCaptain) In the Red Sea, Operation Prosperity Guardian (OPG) is witnessing a gradual increase in naval strength. Led by the United States, OPG

(Bloomberg) — The US will provide $553 million in financing for a port terminal in Sri Lanka’s capital being developed by Indian billionaire Gautam

By Subhadip Sircar (Bloomberg) –India and China traded insults over their diverging interests in Sri Lanka, after a controversial Chinese scientific

By Elizabeth Low and Faseeh Mangi (Bloomberg) An unprecedented energy crisis that’s gripping some of the most densely-populated and impoverished parts of

By Ann Koh and Anusha Ondaatjie (Bloomberg) –Sri Lanka’s political turmoil is prompting some shipping lines to detour to Indian ports instead of

By Anusha Ondaatjie, Asantha Sirimanne and Elizabeth Low (Bloomberg) –Sri Lanka is receiving Russian crude oil that it will use to make fuel as the

By Uditha Jayasinghe COLOMBO, April 2 (Reuters) – Sri Lanka’s government imposed a weekend curfew on Saturday, even as hundreds of lawyers urged

By Rajendra Jadhav and Uditha Jayasinghe MUMBAI/COLOMBO, April 2 (Reuters) – Indian traders have started loading 40,000 tonnes of rice for

A fire erupted in the cargo area of a containership anchored near Colombo, Sri Lanka on Thursday, and officials suspect chemicals could be to blame. The Sri

COLOMBO, June 20 (Reuters) – China Merchants Port Holdings has made a $584 million payment as part of a $1.12 billion deal to operate Sri Lanka’s

by Ranga Sirilal and Shihar Aneez (Reuters) – Sri Lanka signed a long delayed $1.1 billion deal on Saturday to lease its southern Hambantota port to

COLOMBO, March 1 (Reuters) – Sri Lanka’s cabinet has approved the awarding of a $180 million deal for three offshore patrol vessels for the

By Shihar Aneez and Ranga Sirilal COLOMBO, Aug 5 (Reuters) – On Monday, Sri Lanka commenced the first phase of a $500 million container terminal, part of

Images via Sri Lanka Navy While enroute to Zhangjiagang, China, the chemical tanker Fairchem Sabre responded to a distress call from an overcrowded trawler

By Ranga Sirilal and Shihar Aneez COLOMBO – Myanmar nationals rescued from a sinking ship by the Sri Lankan Navy have told of throwing 98 people

By Shihar Aneez and Jonathan Saul COLOMBO/LONDON, Jan 17 (Reuters) – An Iranian-flagged cargo ship has fled Sri Lanka’s waters after weeks of