Shipping

Colombo Dockyard represents Sri Lankan ship repair and shipbuilding at Sea Asia 2019, Singapore

Views - 18 Monday, 22 April 2019 00:10

Sri Lanka’s pioneer shipbuilding and ship repairing facility, Colombo Dockyard PLC participated at one of the leading international shipping exhibitions ‘Sea Asia 2019’ during 9-11 April in Singapore. Colombo Dockyard has been a regular parti


John Keells Logistics crowned for management excellence

Views - 27 Monday, 22 April 2019 00:10

John Keells Logistics Ltd. (JKLL), a premier third party logistics services provider (3PL) in Sri Lanka, was recognised as a ‘Company with Great Managers’ at the Great Manager Awards (2018), held recently at The Kingsbury Hotel, Colombo. Top th


Indian, Australian warships arrive in China for naval parade

Views - 7 Monday, 22 April 2019 00:00

QINGDAO (REUTERS): Warships from India, Australia and several other nations arrived in the eastern Chinese port city of Qingdao on Sunday to attend a naval parade, part of a goodwill visit as China extends the hand of friendship despite regional tens


Chartered Institute of Logistics and Transport Sri Lanka reaches out to provinces

Views - 9 Monday, 22 April 2019 00:00

The Chartered Institute of Logistics and Transport Sri Lanka (CILT SL) which is a leading global professional body associated with the logistics, transport and supply chain industry in the country partnered with the department of manufacturing and in


US Navy ships arrive at Hambantota Port for CARAT exercise

Views - 28 Monday, 22 April 2019 00:00

United States Navy ships USNS Millinocket and USS Spruance arrived at Sri Lanka’s Hambantota Port on Thursday to kick off the 25th annual Cooperation Afloat Readiness and Training (CARAT) exercise series on 19 April. Director Naval Operations Com


World’s first price comparison website offering cross border shipping launches in Sri Lanka

Views - 1124 Monday, 29 October 2018 00:00

It ultimately comes down to what the customer requires when it comes to buying online. A customer requires the best deals and to get it shipped for the least cost. Online buyers have become smarter in making decisions based on the wide variety of cho


CMA CGM offers to buy full control of Ceva

Views - 56 Monday, 29 October 2018 00:00

PARIS/ZURICH (Reuters) : French shipping group CMA CGM has offered to buy full control of Swiss transport company Ceva Logistics, in which it is already a major shareholder, the companies said on Thursday. The plan for a voluntary buyout offer was an


Maersk – A.P. Moeller simplifying supply chains for over 25 years

Views - 62 Monday, 29 October 2018 00:00

Ports and shipping lines share a very symbiotic relationship. It forms the bedrock of EXIM trade of any nation, thus enabling the global trade growth. For Maersk – A.P. Moeller, Sri Lanka has been a trading partner for over 25 years, working closel


IMO pushes ahead with tougher marine fuel rules

Views - 21 Monday, 29 October 2018 00:00

London (Reuters): The United Nations shipping agency pushed back this week on any phased entry for tougher marine fuel rules and further tightened regulations that will come into force in 2020. The International Maritime Organisation will prohibit sh


Key CASA seminar on 1 Nov.

Views - 134 Monday, 29 October 2018 00:00

CASA, the voice of the shipping industry, will hold a seminar on ‘Professional Indemnity Cover for Shipping Agents and Service Providers to the Transport Industry’ on 1 November from 2:30 p.m. onwards at the auditorium of the Ceylon Chamber of Co


Iran seeks EU help as shipping giant CMA CGM pulls out fearing US sanctions

Views - 49 Tuesday, 10 July 2018 00:00

AIX-EN-PROVENCE, France/LONDON (Reuters): One of the world’s biggest cargo shippers announced on Saturday that it was pulling out of Iran for fear of becoming entangled in US sanctions, and President Hassan Rouhani demanded that European countries


GLS enters Lankan logistics market with Eagle

Views - 140 Tuesday, 10 July 2018 00:00

General Logistics Systems (GLS), one of the largest ground-based parcel delivery service providers in Europe started their business in Sri Lanka last week with their network partner Eagle Global Logistics Ltd. (EAGLEX), which is one of the group comp


Shipping Minister to power more ports development post-Hambantota deal

Views - 452 Tuesday, 10 July 2018 00:00

Ports and Shipping Minister Mahinda Samarasinghe, in a recent interview with the Daily FT, recapped the success of concluding the mega-lease deal of Hambantota Port, which he identified as critical, and outlined plans for the development of other p


Ocean Network Express commences calling JCT of SLPA

Views - 88 Tuesday, 19 June 2018 00:00

Ocean Network Express (ONE) commenced calling the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) with the handling of the inaugural vessel MV “Honolulu Bridge” v.100E recently this month. ONE is the ocean carrier formed with th


NIOE and ITC to conduct workshops on dumping, countervailing duties and safeguard measures

Views - 67 Tuesday, 19 June 2018 00:00

National Institute of Exports (NIOE) is the training arm of the National Chamber of Exporters and will spearhead training workshops to clarify issues. The NCE welcomes the enactment of the Anti-Dumping and Countervailing Duties Act and the Safeguard


Indonesia, India plan to develop strategic Indian Ocean port

Views - 40 Thursday, 31 May 2018 00:00

Jakarta (Reuters): Indonesia and India pledged on Wednesday to step up defence and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indo


SL and Korea sign MOU on cooperation in Aids to Navigation during visit of Minister Samarasinghe

Views - 65 Thursday, 31 May 2018 00:00

The Minister of Ports and Shipping of Sri Lanka Mahinda Samarasinghe and the Minister of Oceans and Fisheries of the Republic of Korea Kim Young-Choon signed a Memorandum of Understanding between the Ministries of Ports and Shipping of Sri Lanka and


Judges announced, it’s time to prepare for The Maritime Standard Awards 2018

Views - 30 Tuesday, 8 May 2018 00:00

The Maritime Standard Awards 2018 will take place at iconic The Atlantis, the, Palm, Dubai, on Monday, 15 October. Clive Woodbridge, Editor of The Maritime Standard, and Chairman of the judging panel, says, “We are giving companies a bit of a hea


Gold Star Line announces upgraded service between China and Indonesia

Views - 33 Tuesday, 8 May 2018 00:00

Gold Star Line will triple its container capacity to meet growing demand on an improved weekly service connecting major ports in China and Indonesia on existing CTI service due to upgraded vessel size from 2500 to 4000 TEU. This new CTI service will


Turkmenistan seeks to tap into East-West cargo flows with new $ 1.5 b seaport

Views - 21 Tuesday, 8 May 2018 00:00

TURKMENBASHI, Turkmenistan (Reuters): Turkmenistan last week opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe. The Central Asian country


DP World launches new passenger terminal in Cyprus

Views - 23 Tuesday, 8 May 2018 00:00

Dubai-based global marine terminal operator DP World has launched a new cruise passenger terminal at its unit in Limassol, Cyprus. The new terminal at DP World Limassol was inaugurated by Cyprus President, Nicos Anastasiades; Minister of Transport, C


TCI Vice Chairman and MD Agrawal pays courtesy call to Colombo Dockyard

Views - 54 Tuesday, 8 May 2018 00:00

Colombo Dockyard had the privilege of a courtesy call from D.P. Agarwal, the Vice Chairman and Managing Director of Transport Corporation of India (TCI) on 4 May. A veteran in the transportation industry with more than 51 years experience, Agrawal he


SLPA nets rercord revenue of Rs. 45.6 b; ups net profit to Rs. 13.3 b

Views - 52 Tuesday, 8 May 2018 00:00

The Sri Lanka Ports Authority (SLPA), as a leading public sector institution, has achieved a revenue of Rs. 45.6 billion in 2017. This is a significant increase compared to 2016. The net profit after tax for 2017 was Rs. 13.3 billion compared with th


Hyundai’s new Asia-Europe Express service offers best transit times

Views - 39 Tuesday, 8 May 2018 00:00

Hyundai Merchant Marine (HMM) has launched its new Asia-North Europe Express (AEX) service that included Port of Colombo, in April from Pusan. The AEX service which is independently run by HMM offers exporters the fastest transit times to Europe base


$ 3 b worth ONE put to sea

Views - 73 Wednesday, 4 April 2018 00:00

Japanese trio Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, and Nippon Yusen Kabushiki Kaisha have completed the investment


COSCO Shipping’s takeover of OOCL to complete by end-June

Views - 77 Wednesday, 4 April 2018 00:00

Shanghai (Reuters): COSCO Shipping’s planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed


Hapag-Lloyd sees calmer waters for shipping industry

Views - 33 Wednesday, 4 April 2018 00:00

HAMBURG (Reuters): Demand for shipping is growing and could outpace the supply of new vessels next year, helping


Seacare celebrates 15 years of success

Views - 234 Wednesday, 4 April 2018 00:00

Seacare Forwarders Ltd. is a group of companies established in 2003 as a provider of total logistics support services


Oviklo International wins at 2017 National Business Excellence Awards

Views - 150 Thursday, 8 March 2018 00:00

In recognition of its excellence in business and contributions towards the logistics sector in the country, Oviklo International Ltd. was named the Silver Winner in the Logistics and Transport sector at the National Business Excellence Awards 2017. O


Maersk Line says four missing after container vessel catches fire

Views - 84 Thursday, 8 March 2018 00:00

Reuters: Maersk Line, the world’s biggest container shipper, said on Wednesday four crew members were missing after one of its container vessels caught fire in the Arabian sea, while 23 crew members were safely evacuated. Maersk Line said the crew


Today's Columnists

In the tropical terrain, tourism thrives, but!

Friday, 26 April 2019

In business school an oft repeated refrain in the marketing module is ‘get your product right’. It’s a task easier said than done, especially when it’s a service. Marketing of a service characteristically has to negotiate both lucidity and am


A secular public space is essential for the safety and wellbeing of all

Friday, 26 April 2019

The heart is heavy and the pen is slow. The environment is thick with the shared sorrow of many. Pain and suffering caused by deaths of hundreds and maiming of more on Easter of 2019 will linger for the rest of our lives. But life must go on and we m


Social media could be our egregious enemy, sometimes

Friday, 26 April 2019

One of the first moves the Government considered after the 21 April tragic events of coordinated Easter Sunday bombings of churches and hotels in Colombo, Negombo and Batticaloa was a temporary block of social media. There was no debate about requisi


Terrorism, violence, and incompetent political leadership

Friday, 26 April 2019

Incompetent people, the researchers found, are not only poor performers, they are also unable to accurately assess and recognise the quality of their own work. These low performers are also unable to recognise the skill and competence levels of other


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