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Global Gateway Initiative: EU and Sri Lanka Align on Logistics Hub Potential

May 28, 2026 at 3:56 am | Uncategorized | No comment

 In a major diplomatic development in Colombo, the EU Delegation to Sri Lanka and AHK Sri Lanka hosted a high-level business roundtable under the EU’s Global Gateway initiative. The focus of the summit was clear: strengthening Sri Lanka’s strategic position as a competitive, highly transparent regional maritime and logistics hub. As geopolitical anxiety regarding Indian […]

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Resilience in Numbers: Sri Lanka’s Exports Breach $5.7 Billion in YTD

May 25, 2026 at 3:38 am | Uncategorized | No comment

The Export Development Board (EDB) has just released phenomenal performance figures: Sri Lanka’s cumulative export earnings for the first four months of 2026 have surpassed $5.78 billion, growing 4.3% compared to last year. Even more impressive is that total exports for April alone hit $1,380.93 million, achieving a 6% year-on-year growth despite severe global shipping […]

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Freight Surcharges Mount: Maersk Announces New PSS for Indian Subcontinent to US Lanes

May 12, 2026 at 3:58 am | Uncategorized | No comment

The financial burden on South Asian trade corridors is tightening as maritime networks adjust to shifting global routes. Global shipping giant Maersk has officially announced a revised Peak Season Surcharge (PSS) for shipments originating from the Indian Subcontinent and Middle East—explicitly including Sri Lanka, India, and Bangladesh—bound for the United States East Coast, Gulf, and […]

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The Cut & Run Strategy: Colombo Port Adapts to the Hormuz Closure

May 8, 2026 at 3:37 am | Uncategorized | No comment

The maritime chokepoints in the Middle East have entered a phase of sustained closure this May. Over 1,550 vessels remain stranded globally, creating severe equipment backlogs. In response, international carriers are systematically adopting a “Cut and Run” strategy—bypassing delayed discharge terminals in the Gulf and redirecting their mainline traffic directly back to transshipment safe havens […]

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HIP Attracts Global Giants: CMA CGM & Evergreen Explore New Hub Potential

May 4, 2026 at 4:14 pm | Uncategorized | No comment

In a major development today, May 4, officials from CMA CGM and Evergreen Marine Corporation held high-level talks with the Hambantota International Port Group (HIPG) regarding the introduction of new container services. Global carriers are increasingly looking at Hambantota (HIP) as a strategic alternative for yard availability and turnaround efficiency. This shift signals the “multi-purpose” […]

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Colombo’s 15 Million TEU Goal: The 2026 Infrastructure Horizon

May 3, 2026 at 4:11 pm | Uncategorized | No comment

The Central Bank of Sri Lanka (CBSL) has projected that with the completion of the East Container Terminal (ECT) and Colombo West International Terminal (CWIT), capacity will nearly double to 15 million TEUs by the end of 2026. However, CBSL warns that geography alone is no longer enough to compete. This is a call for […]

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Trade Deficit Realities: Balancing Growth and Expenditure

May 2, 2026 at 4:08 pm | Uncategorized | No comment

While Sri Lanka’s goods exports rose 9.11% in the start of 2026, the trade deficit remains a focus. Early 2026 data shows the deficit widening to $776 million in February alone, driven by a 35.7% jump in consumer goods imports, including $204.8 million for personal and commercial vehicles. For the logistics sector, managing “empty container […]

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The Human Engine: Driving Progress in the Post-Crisis Era

May 1, 2026 at 4:05 pm | Uncategorized | No comment

On this International Workers’ Day, the focus is on the working people driving Sri Lanka’s economic progress. President Anura Kumara Dissanayake highlighted that despite global challenges like Middle East conflicts and Cyclone Ditwah, the nation has seen export earnings exceed $17 billion. The “Modern Canvas” of a 2026 warehouse requires a digitally literate workforce. Efforts […]

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The QR Pivot: Navigating the Industrial Energy Squeeze

April 29, 2026 at 4:00 pm | Uncategorized | No comment

As of today, April 29, the government has intensified the nationwide QR-based fuel rationing system to manage the ongoing energy crisis triggered by Middle East supply disruptions. While private vehicles face strict limits, the EDB is working to ensure that the “Export Green Channel” remains prioritized to avoid a complete standstill in the supply chain. […]

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The 2030 Vision: National Export Development Plan (NEDP) Gains Momentum

April 28, 2026 at 3:57 pm | Uncategorized | No comment

The Sri Lanka Export Development Board (EDB), in partnership with the Asian Development Bank (ADB), has reported significant progress in formulating the National Export Development Plan (NEDP) for 2026–2030. This strategic framework is designed to transition the country toward a more dynamic, technology-driven export economy. For the warehousing and logistics industry, this isn’t just a […]

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