Shipping / Aviation

WISTA invests in leadership skills development program for members

Views - 19 Monday, 15 October 2018 09:54

The Women’s International Shipping and Trading Association (WISTA) successfully conducted a leadership development session for their members on 3 October at Jetwing Colombo 7. The seminar was titled ‘Discover the leader in you’, conducted by M

Shippers cut Ghana cocoa export freight by 9.4%

Views - 11 Monday, 15 October 2018 00:00

Accra (Reuters): Shippers ferrying Ghana’s cocoa exports to Europe will cut their freight charges by 9.4% for the October-September season to compensate the country for recent global bean price falls, the head of the Ghana shippers authority said o

SIA boosts US presence with world’s longest flight

Views - 10 Monday, 15 October 2018 00:00

Singapore (Reuters): Singapore Airlines Ltd., after a lapse of five years, resumed the world’s longest commercial flight - the near-19 hour non-stop from Singapore to New York last week.

Qatar Airways considers fuel surcharge to help return to profit

Views - 10 Monday, 15 October 2018 00:00

Doha (Reuters): Qatar Airways may consider a fuel surcharge on tickets to help it return to profit amid a regional dispute and rising oil prices, Chief Executive Akbar al-Baker told Reuters.

Thomas Cook says air traffic could halt for a week after Brexit

Views - 12 Monday, 15 October 2018 00:00

Berlin (Reuters): Air traffic could be grounded for up to a week after a disorderly exit of Britain from the European Union due to uncertainty over future air traffic rules, Christoph Debus, head of Thomas Cook Airlines, said on Friday.

Port of Colombo leading in many indices

Views - 143 Monday, 15 October 2018 00:00

The Port of Colombo has been ranked as the world’s fastest growing port from among the top 30 container ports for the first half of 2018 according to Alphaliner.

‘Galle Dialogue’ International Maritime Conference in Colombo on 22-23 Oct.

Views - 12 Monday, 15 October 2018 00:00

Sri Lanka will hold the International Maritime Conference ‘Galle Dialogue – 2018’, organised by the Sri Lanka Navy in partnership with Ministry of Defence, for the ninth consecutive year on 22 and 23 October at the Galle Face Hotel, Colombo.

Traders say US to be big winner of new IMO shipping rules

Views - 11 Monday, 15 October 2018 00:00

London (Reuters): The United States is set to be the big winner from new marine fuel rules, trading house Gunvor Group predicted last week, while rival merchants said the world would not face a shortage of distillates as a result of new rules to cut

Special discussion to revive Port of Oluvil

Views - 17 Monday, 15 October 2018 00:00

With the initiative ofPorts and Shipping Minister Mahinda Samarasinghe, and the participation of Sri Lanka Ports Authority (SLPA) Chairman Dr. Parakrama Dissanayake, a special discussion was held recently with the fisheries organisations and several

Air Freight: FTKs increase 2.3% in August 2018

Views - 9 Monday, 15 October 2018 00:00

IATA’s data for global air freight markets shows that demand, measured in freight tonne kilometres (FTKs), rose 2.3% in August 2018, compared to the same period the year before.

EFL awarded for Delivery Excellence by Huawei 

Views - 49 Monday, 8 October 2018 00:00

Expolanka Freight Ltd. was recognised for its supply chain solution management and delivery excellence in addition to its ability to meet demanding project deadlines in a timely and flexible manner at the Huawei Annual Core Partner Convention 2018 he

Nabeel Hamza creates history; tops global shipping academic rankings

Views - 164 Monday, 8 October 2018 00:00

A Sri Lankan emerged with the top marks in the world across two subjects in the 2017/18 academic year examinations conducted by the Institute of Chartered Shipbrokers, UK (ICS UK).

Stakeholders urge open dialogue on liberalisation

Views - 292 Monday, 8 October 2018 00:00

A national public private dialogue on maritime, logistics and transport reforms was held on 2 October in Colombo.

Eagle 4PL division rebrands as e-VISIBLE

Views - 23 Monday, 8 October 2018 00:00

Eagle Logistics Colombo rebranded their 4PL division as e-VISIBLE in order to cater to a wider area in supply chain logistics.

Emirates to reduce flights during Dubai airport runway closure next year

Views - 14 Monday, 8 October 2018 00:00

Dubai (Reuters): Emirates is to reduce the number of flights it operates by nearly a third for 45 days next year when one of two runways at Dubai International Airport is closed for upgrade work, the airline said last week.

Oman Air receives fourth new Boeing 737 MAX8

Views - 8 Monday, 8 October 2018 00:00

Oman Air, the national carrier of the Sultanate of Oman, is set to take delivery of the fourth of 30 Boeing 737 MAX 8s it has on order.

Shippers Academy Colombo partners CMA Australia

Views - 45 Monday, 8 October 2018 00:00

Shippers’ Academy Colombo (SAC) and CMA Australia have joined hands for capacity building and certification in international trade and logistics.

CINEC Campus and Air Seychelles join hands in aircraft maintenance training

Views - 19 Monday, 8 October 2018 00:00

Air Seychelles, the national airline of the Republic of Seychelles, signed a memorandum of understanding (MoU) with the Colombo International Nautical and Engineering College (CINEC) based in Sri Lanka to provide internship opportunities in aircraft

Sheikh Hasina to inaugurate 2nd South Asia Maritime and Logistics Forum in Dhaka

Views - 49 Monday, 8 October 2018 00:00

For the very first time, a major maritime and logistics conference, the South Asia Maritime and Logistics Forum (SAMLFORUM) will be held in Dhaka, Bangladesh on 9 and 10 October to showcase the emerging South Asian economies.

Mercmarine Training announced as Maritime Standard Awards 2018 finalist

Views - 24 Monday, 1 October 2018 00:00

Mercmarine Training, Sri Lanka’s leading maritime training institute, has been announced as a finalist for the ‘Maritime Education and Training Award’ at the prestigious Maritime Standard Awards 2018.

John Diandas Memorial Lecture on Thursday

Views - 15 Monday, 1 October 2018 00:00

The John Diandas Memorial Lecture 2018, organised by the Chartered Institute of Logistic and Transport Sri Lanka, will be held on Thursday at 5.30 p.m. at the Institution of Engineers Auditorium, Colombo 7.

ITC to host major public-private dialogue on maritime, logistics and transport reform

Views - 99 Monday, 1 October 2018 00:00

A public-private dialogue (PPD) will take place tomorrow to discuss reforms of the maritime, logistics and transport sector, with the participation of key public and private sector stakeholders.

CIPE, WiLAT and Verité Research to launch project to position Sri Lanka as Multi-Country Consolidati

Views - 34 Monday, 1 October 2018 00:00

The Centre for International Private Enterprise (CIPE), together with Women in Logistics and Transport (WiLAT) Sri Lanka and Verité Research,will launch the Global Alliance for Trade Facilitation (GATF) project on ‘Positioning Sri Lanka as a hub f

CINEC Campus recognised at MASS CO Annual Awards

Views - 14 Monday, 1 October 2018 00:00

The Colombo International Nautical and Engineering College, widely known as CINEC Campus, was recognised at the most prestigious educational and event award at the recently concluded MASSCO award ceremony held at Hotel Ramada Colombo.

HTL Logistics first to complete 40 years of dedicated freight-forwarding services in Sri Lanka

Views - 29 Monday, 1 October 2018 00:00

HTL Logistics, a global logistics provider with a superiority of covering all aspects of freight forwarding celebrated 40 years of excellence at a grand ceremony held at the Shangri-La Colombo recently.

EFL wins ‘Highest Foreign Exchange Earner’ for logistics services at Presidential Export Awards

Views - 49 Monday, 1 October 2018 00:00

Leading global logistics provider Expolanka Freight Ltd. (EFL) won the award for Highest Foreign Exchange Earner – Logistics Services at the recently held Presidential Export Awards 2017/2018.

CASA facilitates seminar to celebrate World Maritime Day

Views - 148 Monday, 1 October 2018 00:00

CASA, the voice of the shipping industry, organised a seminar to coincide with World Maritime Day on 25 September at the Main Ballroom of Hotel Galadari.

John Keells Logistics appointed exclusive 3PL services provider for Godrej Consumer Products

Views - 203 Wednesday, 26 September 2018 00:00

Godrej Consumer Products Ltd., a leading FMCG player in India and Sri Lanka, and part of the over 121 year old Godrej Group, has appointed John Keells Logistics Ltd. (JKLL) as the exclusive 3rd party logistics services provider for its Sri Lankan ope

DHL Express announces its 2019 price adjustments in Sri Lanka

Views - 32 Wednesday, 26 September 2018 00:00

DHL Express, the world’s leading international express services provider, yesterday (25) announced its annual price increase, effective 1 January 2019. Compared to 2018, in Sri Lanka the average shipment price increase will be 4.9%. “DHL Express

Maersk announces new brand

Views - 32 Wednesday, 26 September 2018 00:00

Maersk has announced it will combine its intra-regional brands MCC, Sealand and Seago Line into one unified brand name, Sealand – A Maersk Company. According to a statement, Maersk, the biggest container line in the world, is rebranding the lines t

Today's Columnists

Finishing the job of ending poverty in South Asia

Thursday, 18 October 2018

“I have a four-year-old son back in my village. I want to make a better life for him,” says Sharmin Akhtar, a 19-year-old employee in one of Dhaka’s many flourishing garment factories. Like thousands of other poor women, Sharmin came down to B

Depreciating rupee: Avoiding a money-go-round

Wednesday, 17 October 2018

Sri Lanka’s excessive reliance on foreign capital to finance investment under favourable external financial conditions is now leading to disruptions, as those conditions change in a decisive interest rate tightening phase in the United States. As U

Responsible water stewardship in Sri Lanka

Wednesday, 17 October 2018

Unlike many of our regional neighbours, Sri Lanka is blessed with an abundant water table. However, many companies do not feel the full value of this precious resource due to the limited regulation and monitoring of fresh water extraction for busines

Economy in disarray, banks flourishing; can this be true?

Wednesday, 17 October 2018

It is earlier reported that the growth in bank credit accelerated in August despite the tight credit and money conditions and rising non-performing loans in the banking sector. It is further reported that the year-on-year (YoY) growth in credit accel

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