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Friday, December 5, 2025
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Colombo Port

Explosion sinks ship, shipowner receives $1 billion sky-high fine

Recently, Singapore-based feeder container ship owner X-Press Feeders was ordered by the Supreme Court of Sri Lanka to pay $1 billion in compensation for...

INS Jalashwa to sail from Colombo port carrying around 700 Indians to Tuticorin on June 1

As part of Vande Bharat Mission, INS Jalashwa of the Indian Navy will sail from Colombo port in Sri Lanka carrying around 700 Indian...

Sri Lanka Orders $1B in Compensation for Damage from Loss of X-Press Pearl

The Supreme Court of Sri Lanka issued a sweeping condemnation of the events surrounding the fire aboard the containership X-Press Pearl in May 2021...

Sri Lankan Court Orders Initial Compensation of $1 Billion in X-Press Pearl Case

Sri Lankan Supreme Court gave verdict on the X-Press Pearl case which has been going on since 2021 and X-Press Feeder group has been...

Port operational updates from around the world (17 – 23 July 2025)

Ghana Tema: The average vessel waiting time remains around 3 days this week due to the bunching of off-window vessels. Recent...

Sri Lanka Ports Authority Seeks to Strengthen Collaboration with Port of Antwerp-Bruges

SLPA and PoABI acknowledged the complex environment in which modern ports operate, including fluctuations in trade volumes, evolving regulatory requirements, rapid digital transformation, and...

Antwerp-Bruges partners with SLPA to strengthen digital connectivity

A delegation from the Sri Lanka Ports Authority (SLPA), led by Managing Director Eng. Ganaka Hemachandra, visited the Port of Antwerp-Bruges to enhance collaboration...

The premium for VLSFO weakens; HSFO discounts remain stable

Spot premiums for Asia’s very low sulphur fuel oil (VLSFO) traded lower on Wednesday, while spot discounts for high sulphur fuel oil (HSFO) were...

SLPA, Port of Antwerp-Bruges to strengthen digital port connections

The Sri Lanka Ports Authority (SLPA) delegation has visited the Port of Antwerp-Bruges to advance cooperation on port operations, digital innovation, and sustainability. ...

35% live coral turns Hambantota port into Model for marine sustainability

Hambantota International Port (HIP) is redefining what industrial infrastructure can achieve, not just as a logistics hub, but as a thriving marine ecosystem and...
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