Front Page,Shipping

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

Views - 1058 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 - 52 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 - 51 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 - 18 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 - 131 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 - 42 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 - 111 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 - 428 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 - 80 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 - 64 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 - 37 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 - 60 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 - 28 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 - 29 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 - 21 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 - 48 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 - 44 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 - 37 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 - 67 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 - 65 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 - 30 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 - 218 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 - 143 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 - 77 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

Women’s representation in logistics and transport less than 3%

Views - 447 Thursday, 8 March 2018 00:00

On the invitation of the World Bank, Dhashma Karunaratne, who is responsible for executing the commercial and marketing strategy of South Asia Gateway Terminals, Port of Colombo, is scheduled to speak on ‘Women Empowerment’ at the 6th SAARC Busin

Belt & Road expert shares valuable insights at CILT Logistics Leaders’ Evening

Views - 406 Monday, 21 August 2017 00:00

The Chartered Institute of Logistics & Transport (CILT) Sri Lanka Logistics Leaders’ Evening was held on 2 August with a lecture titled ‘China’s Belt & Road Initiative – A realisation of an Aspiration’ by Prof

Shippers’ Academy Colombo organises first exclusive program on all aspects of modern warehousing sol

Views - 441 Monday, 21 August 2017 00:00

Towards a new age distribution centre – making Sri Lanka a hub in the Indian ocean Warehousing and warehouse management are part of a logistics management system, which is itself a component in supply chain management. 

National Chamber to hold workshop on import procedures

Views - 550 Monday, 14 August 2017 00:08

The National Chamber of Commerce will conduct a one-day workshop on imports procedures and documentation – with special attention on WTO Goods Valuation Agreement, WTO Trade Facilitation Agreement (TFA) and Goods Classification & Harmoni

‘Meet the Customs Chief’ at National Chamber on 23 August

Views - 547 Monday, 14 August 2017 00:07

The National Chamber of Commerce of Sri Lanka in collaboration with Sri Lanka Customs will conduct a business forum with a team of high ranking officials of Sri Lanka Customs on Wednesday 23 August from 3.00 p.m. to 5.00 p.m. at the National Chamb

Today's Columnists

Discipline and the devil’s disciples

Monday, 18 February 2019

That coach who repeatedly slapped a boy under his care has generated a storm of controversy on social media. On one side are aunties, bleeding hearts, civil rights champions et al who are outraged or at the very least shocked or surprised. On the oth

SL growth profile: Arrest moving down the staircase immediately to avoid hard landing on the floor

Monday, 18 February 2019

Strong message in the Sri Lanka Development Update 2019 Sri Lanka Development Update for 2019 was released by the World Bank last week. This document contains a review by the bank’s residential staff of the present state of the country’s economy

Prudential banking and saga of MTD Walkers

Monday, 18 February 2019

The matters referred to in the article under this title published in the Daily FT (15 February) are spotlighted in more detail under this scrutiny. While the general attention of the public remains more focused on recently arrested underworld kingpin

Minister Wijeyadasa Rajapakshe’s empty rant

Monday, 18 February 2019

Minister Wijeyadasa Rajapakshe (WR) has joined President Sirisena’s reckless verbal onslaught on the Constitutional Council (CC) that was set up by the 19th Amendment (Daily Mirror 15 February). I use “verbal onslaught” intentionally since, as

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