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Jaya Container Terminals celebrates 16 years of success with record-breaking growth

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(Left to right) Lakmal Ratnayake, Attorney-at-law and Chairman of Jaya Container Terminals Limited & Dr.Sisira Kodagoda, Managing Director of Jaya Container Terminals Limited

Jaya Container Terminals Limited (JCT Limited), a fully owned subsidiary of the Sri Lanka Ports Authority (SLPA) recently commemorated its 16th anniversary. Since its inception in 2008, JCT Limited has established itself as a cornerstone of the Sri Lankan maritime industry, consistently exceeding expectations and achieving remarkable milestones.

Over the past three years, JCT Limited has witnessed phenomenal growth, shattering previous records for revenue and profitability. This achievement is a testament to the company’s strategic agility and unwavering commitment to serving diverse client needs.

Lakmal Ratnayake, Attorney-at-law and Chairman of Jaya Container Terminals Limited shared his thoughts, “It is fantastic to see JCT reach such phenomenal heights. This success wouldn’t be possible without the dedication of our entire team, and the unwavering support of the Ministry of Ports, Shipping & Aviation, and the Sri Lanka Ports Authority. We are incredibly grateful for their contribution to our journey. Our success also stems from the trust placed in us by our partners, stakeholders, and loyal clientele. Their continued support has been instrumental in propelling JCT Limited to the forefront of the industry. We look forward to building upon this foundation and achieving even greater heights together in the coming years.”

JCT’s remarkable growth can be attributed to several key factors. The company’s ability to adapt to market demands, including providing critical Marine Gas Oil to various private sectors during Sri Lanka’s fuel crisis, played a significant role. Additionally, JCT’s proactive transition to Low Sulphur Fuel (LSF) compliance with International Maritime Organization (IMO) regulations allowed them to cater to a wider range of vessels.

In response to the Red Sea crisis that began in November 2023, JCT’s oil banks have experienced a significant surge in sales. As of the end of February, volumes sold have increased by 36%. Revenue and fuel sales peaked in January 2024, reaching Rs. 72.1 million and 53,805 MT respectively. While there was a slight decline in February, with 53,805 MT of fuel sales and Rs. 66.6 million in revenue, JCT’s overall performance during the crisis has been exceptionally strong.

The year 2022 was a remarkable year for the company, JCT Limited recorded the highest profit ever in its history, surpassing Rs. 245 million. In 2023, JCT Limited recorded the highest revenue in history of Rs. 612 million and the profit stood as Rs. 243 million. In 2024, the company’s performance has been even more impressive. Revenue up to August 2024 reached Rs. 489 million with operating profits of Rs. 204 million. JCT’s profit up to August 2024 is around Rs. 181 million, and compared to August 2023 it’s a 10% increase. These figures demonstrate the company’s resilience and ability to capitalize on opportunities, even in challenging market conditions.



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SLEIS 2026 to examine Sri Lanka’s energy transition and its implications

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Reliable and affordable energy is essential to Sri Lanka’s economic growth, industrial development and competitiveness. As the country seeks to strengthen energy security while reducing its dependence on fossil fuels, the energy sector will be a key area of discussion at the Sri Lanka Economic & Investment Summit 2026, organised by The Ceylon Chamber of Commerce on 12-13 October 2026.

The session, “Beyond Fossil Dependence: Balancing Security, Sustainability, and Growth,” will examine how Sri Lanka can diversify its energy sources, accelerate renewable energy adoption and attract investment while ensuring a reliable energy supply for businesses and households. Discussions will also consider the infrastructure and policy frameworks needed to support the country’s transition towards a modern and competitive energy system.

Ms. Edore Onomakpome – Regional Infrastructure Industry Manager – Bangladesh, Sri Lanka and Nepal, at the International Finance Corporation will keynote the session, and join the panel discussion featuring G.M.R.D. Aponsu – Secretary to the Ministry of Energy, Damitha Kumarasinghe – Director General (Chief Executive Officer), Public Utilities Commission of Sri Lanka, and Manjula Perera – Managing Director, WindForce PLC. The discussion will be moderated by Sheran Fernando – Senior Advisor, Plus94.

The session will also explore the role of public-private collaboration in developing new energy solutions, encouraging investment and creating opportunities within Sri Lanka’s evolving energy sector. It will consider how energy policy and investment decisions can support both economic expansion and the country’s longer-term sustainability objectives.

The Sri Lanka Economic & Investment Summit 2026 is supported by its valued sponsors and partners. Platinum Sponsor – Standard Chartered Bank Sri Lanka, Gold Sponsor – VISA Worldwide (Pvt) Ltd., Bronze Sponsor – South Asia Gateway Terminals (Pvt) Ltd., Strategic Development Partner – Asian Development Bank, Telecommunication Partner – Dialog Telecommunication, Television Partner – Dialog Television, Session Sponsors – David Pieris Motor Company (Pvt) Ltd., Hemas Holdings PLC, Sunshine Holdings PLC, International Construction Consortium (Pvt) Ltd., Official Logistics Partner – Hayleys Advantis Limited, Official Airline – SriLankan Airlines Ltd., Official Hospitality Partner – Shangri-La Colombo, Airline Partner – China Eastern Air Holding Co. Ltd.

Registrations are now open at https://sleis.chamber.lk/. For more information, contact Alikie on 011 558 8805 (alikie@chamber.lk) or Shanuka on 0701082541 (events.division@chamber.lk).

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A fresh chapter for the George Keyt Foundation: A renewed commitment to the Sri Lankan art ecosystem

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The George Keyt Foundation (GKF), dedicated to preserving the legacy of modernist painter George Keyt and fostering local art, has announced strategic appointments to its leadership team, bringing together a mix of global academic expertise, corporate leadership, and artistic passion. These enhancements aim to inject fresh expertise and academic depth into the Foundation’s long-term vision.

Establishment of the New Advisory Committee

To broaden its operational reach and deepen its engagement with the global art market, the George Keyt Foundation has established an Advisory Committee. The newly appointed committee members include:

• Dr Sujatha Meegama is a Senior Lecturer in Buddhist Art History at the Courtauld. She is an acclaimed art historian, author and academic, bringing specialised knowledge in South Asian art history to guide the foundation’s curatorial and educational directives.

• Dr Shamil Wanigaratne: A clinical psychologist, author, and avid art historian, Shamil will lend his unique perspective to help the foundation design meaningful public outreach and cultural preservation strategies.

• Abbas Esufally: A veteran corporate leader and patron of the arts, Abbas is transitioning from his role as a GKF Trustee to this advisory position, where he will continue to offer his sharp business acumen and extensive network.

New Trustee Appointment

Leesha Captain has been appointed to the Board of Trustees. Inspired by Sri Lankan artists, Leesha is a recognised supporter of the local art scene. Leesha’s hands-on perspective will strengthen the foundation’s core team as they develop and design new art programs.

A Vision for the Future

“These new appointments mark an exciting chapter for us as we build on our decades-long history of promoting Sri Lankan artists,” says Malaka Talwatte, Chairman of the Foundation. “The combination of Leesha on the board, alongside the diverse expertise of our new Advisory Committee, will significantly amplify our efforts in curating high-profile exhibitions and expanding local and international partnerships”.

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Sun Siyam Pasikudah celebrates World Tourism Day with culture, cuisine and community

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Sun Siyam Pasikudah, part of the Privé Collection under Maldivian-owned Sun Siyam Resorts, will mark World Tourism Day on 27 September 2026 with a full day programme celebrating the culture, cuisine and natural beauty of Sri Lanka’s east coast, paired with community focused sustainability activities.

The celebrations open with a special buffet of authentic Sri Lankan cuisine, followed by a street food festival showcasing regional snacks and traditional sweets rarely found on resort menus. A signature World Tourism Day mocktail and cocktail, created for the occasion, will be served through the day, while traditional Sri Lankan cultural dance performances bring the island’s heritage to life for guests.

Beyond the festivities, the resort has planned a tree planting activity with guests and a beach or park clean up campaign, both reflecting Sun Siyam Pasikudah’s ongoing commitment to responsible tourism along Sri Lanka’s northeast coast.

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