Shipping / Aviation

Why is SriLankan losing money? An analysis

Views - 269 Monday, 20 November 2017 03:42 SriLankan Airlines – the national airline of Sri Lanka – has been in the news lately, mostly for the wrong reasons. And the criticism is justified.

WISTA Sri Lanka to strengthen women in maritime

Views - 39 Monday, 20 November 2017 00:00

Women’s International Shipping & Logistics Association (WISTA) Sri Lanka plans to hold a sequel to its rural women’s development initiative Village in the City 2016 on 2 December this year at the Bayleaf, Colombo.

Is there anything more to liberalise in shipping industry?

Views - 85 Monday, 20 November 2017 00:00

‘Liberalisation’ has become a hot topic in Sri Lanka following the budget proposal to liberalise the shipping industry.

Test of endurance to Government of Sri Lanka

Views - 33 Monday, 20 November 2017 00:00

The Government of Sri Lanka made a courageous decision to open the shipping and logistics sector after 40 years of liberalising the economy by President J.R. Jayewardene, that made the island nation achieve a middle-income status even with a brutal t

Rohan Masakorala to speak at Intermodal Europe 2017 in Amsterdam

Views - 12 Monday, 20 November 2017 00:00

Intermodal Europe 2017 is a major event for any professional within the container shipping industry and will be held from 28 to 30 November in Amsterdam.

Hayleys Advantis continues investing in Sri Lanka’s future by inspiring future logisticians

Views - 28 Monday, 20 November 2017 00:00

Hayleys Advantis Ltd. recently completed the second program in their capacity building initiative under the theme ‘Inspiring Logistics in Sri Lanka’.

CDL undertakes special survey and drydocking repairs for Qatari Chemical tanker

Views - 8 Monday, 20 November 2017 00:00

The chemical/product tanker owned by Qatar Fuel/Woqod Marine Services Comt. Sidra Ras Laffan (DWT: 34671, LOA:172 M, Beam: 28.00 M) called in for dry-docking and layup repairs.

Walkers Colombo Shipyard hands over ‘Fat Lady’ to Sanken Overseas Maldives

Views - 18 Monday, 20 November 2017 00:00

Walkers Colombo Shipyard Ltd., a subsidiary of MTD Walkers PLC, has successfully completed the construction of ‘Fat Lady’, a landing craft designed and constructed for Sanken OverseasMaldives Ltd.

Liberalisation of shipping/freight forwarding a courageous move: Experts

Views - 88 Monday, 13 November 2017 00:00

The liberalisation of effective entry barriers for foreign firms to Sri Lanka’s shipping and freight forwarding industry via the 2018 Budget presented last week is being hailed as a courageous move by logistics experts.

Case for the liberalisation of shipping and freight forwarding

Views - 64 Monday, 13 November 2017 00:00

The Government’s vision 2025 has made a key policy proposal to make Sri Lanka an Indian Ocean hub. At the same time, port capacities in Colombo, Hambantota and Trincomalee will be expanded to maintain the competitive advantage to increase transship

World Dream, the newest luxury cruise ship, calls at Colombo Port

Views - 26 Monday, 13 November 2017 00:00

World Dream,’ the newest luxury cruise ship belonging to Dream Cruises, berthed at the East Container Terminal in Colombo Port on Friday.

Budget proposal destroys local shipping and freight forwarding industry: CASA and SLFFA

Views - 282 Monday, 13 November 2017 00:00

The Ceylon Association of Shipping Agents (CASA) and Sri Lanka Logistics and Freight Forwarders Association (SLFFA), the voices of the shipping and logistics industries, strongly object to the Government’s Budget proposal to lift the remaining rest

CASA congratulates first winner of Maritime Cadet Employment Award

Views - 69 Monday, 13 November 2017 00:00

The Maritime Standard (TMS) and Kuwait Oil Tanker Company (KOTC) have collaborated on a unique project to recognise the region’s best maritime cadet through a special employment award.

Emirates soars with 111% rise in 1H profit to $ 452 m

Views - 5 Monday, 13 November 2017 00:00

The Emirates Group has announced its half-year results for 2017-18. The Group saw steady revenue growth and a rebound on profitability compared to the same period last year, in spite of the continuing downward pressure on margins, a rise in oil price

Budget 2018: Progressive and positive to build a modern Sri Lanka

Views - 234 Monday, 13 November 2017 00:00

In my opinion, a progressive budget has been announced by the Minister of Finance reflecting directional change to this country which is badly needed.

SL does not wish to be sandwiched in geopolitical conflict: Ports Minister

Views - 39 Thursday, 9 November 2017 00:00

Ports and shipping Minister Mahinda Samarasinghe yesterday reiterated the Government’s earlier assurance that any foreign military activity at the strategically located Hambantota Port will be decided through a mutually

Ralph Anandappa new Secretary General of CASA

Views - 86 Monday, 6 November 2017 00:00

Ceylon Association of Shipping Agents (CASA) has appointed Ralph Anandappa as its Secretary General effective 1 November.

SLPA to host 19th Conference on International Network of Affiliated Ports on 7-8 Nov

Views - 60 Monday, 6 November 2017 00:00

The 19th conference on International Network of Affiliated Ports (INAP) will be held on 7 and 8 November at the Kingsbury Hotel Colombo.

GMR led Hyderabad International Airport gets coveted ACI ASQ World’s # 1 Airport Award Trophy

Views - 19 Monday, 30 October 2017 00:00

GMR Hyderabad International Airport Ltd. (GHIAL), which operates Rajiv Gandhi International Airport (RGIA), Hyderabad last week announced that it has received Airports Council International (ACI) Airport Service Quality (ASQ) World # 1 Airport Award

Oman Air’s Supply Chain Management certification to ISO 9001:2015 standards

Views - 10 Monday, 30 October 2017 00:00

Oman Air’s Supply Chain Management (SCM) has been awarded the ISO 9001:2015 certification by Bureau Veritas under UKAS accreditation, with certificate number IND17.4532 U/Q. ISO 9001:2015 is the latest internationally recognised standard for qualit

First Airbus A330-800 to enter final assembly before 2018

Views - 18 Monday, 30 October 2017 00:00

As Airbus prepares for the first flight of the A330-900, production of the second member of the A330neo Family, the A330-800, is well underway with the first parts advancing at Airbus sites throughout Europe.

First Airbus A330neo completes maiden flight

Views - 20 Monday, 30 October 2017 00:00

The first of three A330neo Family development aircraft to fly – MSN1795, an A330-900 variant – landed at Toulouse-Blagnac, France at 14:10 on Thursday after successfully completing its first flight which lasted 4 hours and 13 minutes.

Double digit demand growth for air freight in August 2017

Views - 20 Monday, 30 October 2017 00:00

IATA’s latest data for global air freight markets shows that demand, measured in freight tonne kilometres (FTKs), increased by 12.1% in August 2017, compared to the same period a year ago.

Maritime Standard Awards showcase regional quality and achievement

Views - 29 Monday, 30 October 2017 00:00

The fourth annual Maritime Standard Awards, held on 23 October at the iconic Atlantis Ballroom of The Palm set a new standard for regional awards ceremonies, with exceptional levels of grandeur, glamour and professionalism. Hosted by well-known Boll

Tanker conference focuses on environmental and human capital challenges, growth opportunities

Views - 11 Monday, 30 October 2017 00:00

The second The Maritime Standard Tanker Conference, which took place at the Grosvenor House Hotel, Dubai, on 24 October, underlined the potential which exists for growth and development within the region’s tanker sector.

MAC bags Gold at NCE Awards

Views - 27 Monday, 30 October 2017 00:00

MAC Supply Chain Solutions Ltd. was presented with the highest recognition by being awarded the prestigious Gold award at the NCE Export Awards in the Suppliers and Service Providers to Exporters Sector – Extra Large Category which was held on 29 S

CICT highlights Colombo Port as pivotal player in global trade at CILF

Views - 30 Monday, 30 October 2017 00:00

The pivotal role played by the Port of Colombo in global trade and its contribution towards the betterment of the South Asian region was the focus of a presentation made by Colombo International Container Terminals (CICT) recently at an international

PM assures trade and tariff reforms to achieve export growth target

Views - 23 Monday, 23 October 2017 00:00

Prime Minister Ranil Wickremesinghe on Friday said wide range of trade and tariff reforms will be implemented as part of measures to double exports to $ 20 billion per year within three years.

Singapore Airlines set to sign $13.8b order with Boeing

Views - 16 Monday, 23 October 2017 00:00

Singapore Airlines (SIA) hopes to sign an agreement with Boeing for planes worth $13.8 billion during Prime Minister Lee Hsien Loong’s visit to Washington this week, reports said.

Emirates to receive 100th Airbus A380 aircraft next week

Views - 18 Monday, 23 October 2017 00:00

Emirates, the world’s largest Airbus A380 operator, will receive its milestone 100th A380 aircraft on 3 November. Over 80 million passengers have flown on the superjumbo in the nine years since it first joined Emirates’ fleet.

Today's Columnists

Constitutional reform – A reply to Dr. Wijeyadasa Rajapaksa

Wednesday, 22 November 2017

The lengthy article by Dr. Wijeyadasa Rajapakshe PC on constitutional reform published in the newspapers recently appears to contain several errors of fact and of law

Ranil’s reluctant tryst with truth

Wednesday, 22 November 2017

Twenty years ago in 1998, Dr. Jayadeva Uyangoda writing in the periodical ‘Frontline’ traced our peculiar path of progress in the 50 years of independence

Omni-Channel Synchroniser for banks and financial institutions: An vision to simplify banking

Wednesday, 22 November 2017

Today, as a society we are noticing a historical shift from cash-based transactions to digitisation of financial transactions, and from the use of traditional banking channels to e-channels.

Extending the net of AML/CFT: The need for public awareness

Tuesday, 21 November 2017

By Press Notice, the Central Bank of Sri Lanka (CBSL) through its Financial Intelligence Unit(FIU), has drawn the attention of the public to “Extraordinary Gazette Notification No. 2015/56 dated April 21, 2017 prescribing

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