The latest confrontation between the United States and Iran has drawn global attention to a critical weakness in international trade: the dependence of the world economy on a small number of maritime
Sri Lankan President Anura Kumara Dissanayake has appointed Dr. Mahinda Parakrama Dissanayake as Presidential Advisor on Maritime, Ports and Logistics, strengthening the government’s focus on revitalising one of the country’s most strategically
More
The Port of Colombo recorded its highest-ever annual container throughput in 2025, handling 8,291,178 TEUs and setting a new benchmark in its operational history. The achievement builds on a strong performance in
More
Maersk, the world’s largest container shipping company, announced plans to resume navigation through the Red Sea and the Suez Canal as soon as conditions permit, CEO Vincent Clerc said on Tuesday. The
More
by Our Economic Affairs Editor Between 2015 and 2025, the Mediterranean Shipping Company’s global rise unfolded alongside an accumulation of environmental crises, safety lapses, and governance failures that now define a decade
More
Hambantota International Port (HIP) has reported a remarkable surge in cargo volumes, reaching over 6 million metric tons by September 2025, representing a 151 percent increase compared to the same period last
More
Colombo Dockyard PLC (CDPLC) has signed a major shipbuilding contract with Orange Marine of France to construct two state-of-the-art cable laying and repair vessels, marking the largest shipbuilding contract in the company’s
More
Traffic through Egypt’s Suez Canal has jumped by more than 10% in recent months, local authorities said, reflecting renewed shipping confidence following the Gaza peace summit. Between July and October, a total
More
In a swift and decisive operation, the Sri Lanka Navy successfully rescued all 14 crew members of the Merchant Vessel (MV) INTEGRITY STAR, which was reported in distress due to engine failure
More
The International Maritime Organization’s (IMO) Extraordinary Session of the Marine Environment Protection Committee (MEPC), held from 14 to 17 October 2025 in London, concluded without agreement on the proposed Net-Zero Framework for
More
China’s Jiaolong manned submersible has carried out the world’s first joint underwater operation with a remotely operated vehicle (ROV) in the Arctic Ocean, the China Media Group (CMG) reported on Saturday. The
More