The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with China in international development ...

China is strengthening its grip on Colombo port after securing an agreement to build, operate, and transfer a warehousing hub within the port. The China Merchants Port Holdings Company (CMPH) will ...

COLOMBO (Reuters) - Sri Lanka's Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea have found it a convenient ...

Sri Lankan government declared 13 companies in Colombo Port City as businesses of secondary strategic importance.These companies will benefit from a range of exemptions and incentives under the ...

The announcement comes as Sri Lanka is struggling to recover from a dire financial and economic crisis. The Port of Colombo has been operating near its capacity since 2021, and the new terminal ...

COLOMBO, Sri LankaCOLOMBO, Sri Lanka — The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with ...

COLOMBO, Sri Lanka — The U.S. announced a $553- million project Wednesday to build a new, deep-water shipping container terminal in the Port of Colombo as it competes with China in international ...