Shipping / Aviation

Singapore Airlines posts 62% surge in Q3 net profit, sees tough market

Views - 11 Monday, 19 February 2018 00:00

SINGAPORE (Reuters): Singapore Airlines posted a 62% jump in quarterly profit, its best third-quarter earnings in seven years

Nippon Cargo Airlines and Singapore Airlines Cargo to codeshare

Views - 10 Monday, 19 February 2018 00:00

Nippon Cargo Airlines (NCA) and Singapore Airlines Cargo (SIA Cargo) have signed a Memorandum of Understanding

Airbus A321LR sets new record with 7,400-km Paris-NY flight

Views - 20 Monday, 19 February 2018 00:00

Airbus has achieved a new aviation milestone with its long-range aircraft A321LR successfully flying nonstop from Paris

Emirates cabin pressure rises as crews feel global airline upturn

Views - 16 Monday, 19 February 2018 00:00

DUBAI (Reuters): Emirates faces calls from its cabin crew to improve conditions and benefits as airline workers show increasing confidence in demanding more from the booming global industry.

Higher wages, fuel prices turn up cost pressure on airlines

Views - 16 Monday, 19 February 2018 00:00

BERLIN (Reuters): With inflation paramount in investors’ minds at a time of rising wages and oil prices, the line separating

Evergreen orders eight 11,000 TEU containerships

Views - 24 Monday, 19 February 2018 00:00

Evergreen Marine Corp. (EMC) has entered into an agreement with Samsung Heavy Industries (SHI) recently to order eight 11,000

Pathfinder, National Maritime Foundation of India conduct first bilateral maritime security dialogue

Views - 39 Monday, 19 February 2018 00:00

The first bi-lateral conference between the Pathfinder Foundation (PF) and National Maritime Foundation (NMF) focused

YSP of CASA presents inaugural CASA Open Quiz 2018

Views - 59 Monday, 19 February 2018 00:00

The Young Shipping Professionals (YSP) of CASA has announced an Open Quiz Competition for the year 2018.

Asian piracy incidents drop in January

Views - 15 Monday, 19 February 2018 00:00

A total of seven incidents of piracy and armed robbery against ships were reported in Asia in January 2018, according to regional piracy watchdog ReCAAP ISC.

India, Iran sign pact during Rouhani visit on leasing port

Views - 4 Monday, 19 February 2018 00:00

NEW DELHI (Reuters): India and Iran on Saturday signed agreements including Tehran leasing to New Delhi operational control of part of the Iranian east coast port of Chabahar for 18 months.

China building huge test site for unmanned ships

Views - 13 Monday, 19 February 2018 00:00

BEIJING, AFP: China has started building the world’s largest test site for unmanned ships – a technology with both civilian

Japan’s ONE starts taking bookings

Views - 41 Monday, 12 February 2018 00:00

Japanese carrier Ocean Network Express (ONE) has begun accepting bookings for its container shipping service in stages from 1 February. The joint venture company of Japan’s shipping trio Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, and Nippon Yusen

Customs to conduct awareness session in paperless procedures

Views - 33 Monday, 12 February 2018 00:00

Sri Lanka Customs in collaboration with the Ceylon Chamber of Commerce will host a special awareness session on ‘Implementation of Paperless Procedures’ on Thursday, 15 February, at the Ceylon Chamber of Commerce at 9 a.m. In an effort to fast-tr

Dato’ Ts Abd Radzak Abd Malek of Malaysia to be CILT International President in 2020

Views - 51 Monday, 12 February 2018 00:00

The Chartered Institute of Logistics and Transport has announced Dato’ Ts Abd Radzak Abd Malek FCILT as International President Elect. Radzak will assume the Presidency in January 2020. As International President, Radzak intends to focus on several

Maersk profit miss, outlook put shipping shift in spotlight

Views - 19 Monday, 12 February 2018 00:00

COPENHAGEN (Reuters): A.P. Moller-Maersk’s move to focus on transport and jettison oil was tested on Friday as the world’s largest container shipping firm missed profit forecasts and gave what analysts saw as a conservative outlook. Shipping, whi

Insidious move to undermine anti-monopoly? CA issues notices on Ocean Network Express and others

Views - 273 Monday, 12 February 2018 00:00

By S.S. Selvanayagam The Court of Appeal issued five notices on Ocean Network Express (O.N.E) and alleged partners on trade monopolisation and others returnable for 19 March. The bench comprised justices P. Padman Surasena (CA President) and Shiran

IATA warns airlines headed for crisis on rising infrastructure costs

Views - 19 Monday, 12 February 2018 00:00

Singapore (Reuters): The growing cost of airport infrastructure poses risks to the global airline industry’s profitability and growth, the head of the International Air Transport Association (IATA) said, adding a crisis due to inadequate infrastruc

Russian plane crashes near Moscow, killing 71 people

Views - 9 Monday, 12 February 2018 00:00

Moscow (Reuters): A plane operated by Russia’s Saratov Airlines crashed in the Moscow region on Sunday, killing all 71 people on board, Russian news agencies said, citing sources in the emergency services. There were 65 passengers and six crew memb

Airbus, Boeing maintenance push forces incumbents to rethink strategies

Views - 11 Monday, 12 February 2018 00:00

Singapore (Reuters): A push by Airbus SE and Boeing Co to capture more of the $ 77 billion global commercial aircraft maintenance, repair and overhaul (MRO) market is leading incumbents to seek partnerships and explore new business lines to stay comp

Oman Air receives Boeing 737 Max aircraft

Views - 8 Monday, 12 February 2018 00:00

Oman Air last week received its latest addition, the Boeing 737 Max aircraft, the first of an order of 30. Oman Air Chairman and Minister of Transport and Communications Dr. Ahmed bin Mohammed Al Futaisi said the Boeing 737 MAX was at the forefront o

Global air freight demand grew 9% in 2017; APAC up 7.8%: IATA

Views - 8 Monday, 12 February 2018 00:00

IATA’s full-year 2017 data for global air freight markets shows that demand, measured in freight tonne kilometres (FTKs) grew by 9.0%, more than double the 3.6% annual growth recorded in 2016. Freight capacity, measured in available freight tonne k

Asia Pacific airlines passenger traffic up 6.2% to 316.8 m in 2017

Views - 12 Monday, 12 February 2018 00:00

Preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) for the full calendar year 2017 show that both international air passenger and air cargo markets enjoyed robust growth, underpinned by an acceleration in economic activi

SL to make request to set up maritime operations secretariat against sea piracy off Somali coast

Views - 39 Monday, 5 February 2018 00:00

The Sri Lankan Government plans to make a formal request to the Contact Group on Piracy off the Coast of Somalia (CGPCS) to establish the proposed maritime operations secretariat for suppression of sea piracy off Somalia coast in the country.

Hamburg Süd to launch new services between West Coast, South and Central America and Asia

Views - 26 Monday, 5 February 2018 00:00

Beginning in April, Hamburg Süd is launching a new service network between Asia and South America West Coast, Mexico, Central America and the Caribbean.

CASA facilitates seminar on Sri Lanka’s maritime hub aspirations on 20 Feb.

Views - 75 Monday, 5 February 2018 00:00

Following the launch of Vision 25 outlining the Government’s economic development program, there were many thoughts and discussions on making Sri Lanka a maritime hub.

Hemas Integrated Logistics rebrands as Spectra Integrated Logistics

Views - 56 Monday, 5 February 2018 00:00

Hemas Integrated Logistics, known across the industry for its service excellence, proven track record and corporate backing, turned a new chapter in its journey when the company rebranded itself as Spectra Integrated Logistics.

CILT SL Logistics and Transport National Excellence Awards and Scholarships 2018

Views - 157 Monday, 5 February 2018 00:00

The official Awards ceremony of the Chartered Institute of Logistics and Transport Sri Lanka (CILT SL), organised with the intention of recognising individuals and corporates that have immensely contributed to the development of the logistics and tra

Walkers Colombo Shipyard launches 4th vessel ‘Sea Gulf 3’

Views - 23 Monday, 5 February 2018 00:00

Walkers Colombo Shipyard Limited, a subsidiary of MTD Walkers PLC, has successfully completed the construction of its fourth vessel, a 10 ton bollard pull tug ‘Sea Gulf 3’.

Etihad takes Airbus cargo jets out of service

Views - 37 Monday, 29 January 2018 00:00

The UAE’s Etihad Airways has grounded its Airbus freighter fleet as the Gulf carrier works on a new strategy following its biggest loss of $ 1.87 billion in 2016, its first loss since 2010, said a report.

Turkish Airlines performs well beyond expectations in 2017

Views - 12 Monday, 29 January 2018 00:00

Turkish Airlines has completed the year 2017 with a great success. The number of passengers in 2017 compared to previous year was increased of 9.3% and carried 68.6 million passengers.

Today's Columnists

Tamil actor Kamal Haasan stars in new role as political leader

Saturday, 24 February 2018

Srinivasan Kamal Haasan is one of India’s foremost film actors. Known popularly as Kamal, the talented and versatile thespian has not only excelled as an actor onscreen, but has successfully engaged in other cinematic spheres too. The multi-faceted

Yameen’s economic offensive to counter political adversity ahead of presidential poll

Saturday, 24 February 2018

The embattled Maldivian President Abdulla Yameen, who is facing intense political opposition both in and out of the country, hopes to win the September, 2018 presidential election using a combination of political belligerence and a strong economic pr

In the end, there was nothing

Saturday, 24 February 2018

Much more than a storm in a tea cup! To a non-discerning person, it all seemed like the final battle of the counter revolution. President Sirisena was up in smoke trying to oust Prime Minister Ranil Wickremesinghe for no articulated reason. He asked

Shouldn’t Govt. prevent parliamentary system from decay and destruction?

Friday, 23 February 2018

The wrong people teach us the best lessons. As a clever nation, we had always used our ballot and chased the wrong people

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