Shipping

Ocean Network Express commences calling JCT of SLPA

Views - 27 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 - 21 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


Emirates’ launches complimentary ice cream service

Views - 26 Monday, 18 June 2018 00:00

This summer travel season, Emirates is serving complimentary ice cream to all its customers at Dubai International Airport. Ice cream cups will be given out at the Terminal 3 departure and transit areas from 15 June to 31 August for customers travell


Cathay Pacific to fly new aircraft home using alternative jet fuel

Views - 24 Monday, 18 June 2018 00:00

Cathay Pacific is underscoring its strong commitment to eco-efficiency by planning to use a blend of alternative jet fuel to fly its new fleet of Airbus A350-1000 aircraft home to Hong Kong.


End of TAMP regime to give level-playing field to major ports

Views - 20 Monday, 18 June 2018 00:00

The Hindu: Buoyed by relaxation of Cabotage law, major ports are set to get another bonanza with the Major Ports Authority Bill set to end the Tariff Authority for Major Ports (TAMP) regime.


WISTA committed to create interest in young women to take active roles in shipping industry

Views - 51 Monday, 18 June 2018 00:00

WISTA Sri Lanka Careers Day 2018 program organised by Women’s International Shipping and Trading Association Sri Lanka (WISTA Sri Lanka) was held at the Port of Colombo which was a huge success.


Sagala promotes SL as perfect location to run global program on maritime crime

Views - 14 Monday, 18 June 2018 00:00

Project Management, Youth Affairs and Southern Development Minister and Prime Minister’s Chief of Staff Sagala Ratnayaka said Sri Lanka, especially with its strategic location in the Indian Ocean, was the perfect location to run a global program on


Development of Indian Ports and its impact on Sri Lankan Port performance

Views - 333 Monday, 18 June 2018 00:00

There had been much discussion about the development in Indian Ports and its impact on transshipment volumes to Sri Lanka.


Etihad Airways to launch flights to Barcelona, Spain

Views - 14 Tuesday, 12 June 2018 00:00

Etihad Airways has unveiled plans to launch a scheduled service linking Abu Dhabi, capital of the UAE, and Barcelona, Spain, effective 21 November 2018. The route will initially be operated five times a week with a two-class Airbus A330-200 before be


Emirates starts London Stansted flights as rival airports near capacity

Views - 13 Tuesday, 12 June 2018 00:00

STANSTED, England (Reuters): A first Emirates flight between Dubai and Britain’s Stansted Airport touched down on Friday, making it the first scheduled long-haul airline to fly to London’s third busiest airport as the city’s two bigger hubs are


Qatar Airways to launch Qsuite on Canberra and Sydney Route from July 2018

Views - 17 Tuesday, 12 June 2018 00:00

Qatar Airways’ new Business Class experience, Qsuite, will be available on flights to and from Canberra, its newest Australian destination, via Sydney, from 1 July. The Doha to Canberra flight makes one stop in Sydney, bringing Sydney residents a s


Airlines warned against complacency after dream safety run

Views - 9 Tuesday, 12 June 2018 00:00

Sydney (Reuters): Global airlines, coming off a record-low accident rate in 2017, need to guard against complacency over safety as heavy growth in travel demand stretches the air transport system, industry leaders warned at a conference this week. Th


IATA urges governments to adopt ‘Open Borders Strategy’

Views - 7 Tuesday, 12 June 2018 00:00

Sydney: The International Air Transport Association (IATA) called on governments to intensify efforts to spread the economic and social benefits of aviation by removing onerous barriers to the free movement of people across borders. “Over the next


Akbar Al Baker new IATA Board Chairman

Views - 16 Tuesday, 12 June 2018 00:00

Qatar Airways Group Chief Executive Akbar Al Baker has assumed his duties as Chairman of the IATA Board of Governors (BoG) for a one-year term effective from the conclusion of the 74th IATA Annual General Meeting in Sydney, Australia. Al Baker is the


Online shopping boom keeps hopes high for air freight profits

Views - 27 Monday, 11 June 2018 00:00

Sydney (Reuters): An explosion of e-commerce demand is buoying the air freight business, boosting profit at some


Airbus sales chief defiant on A330neo demand as Boeing seals new win

Views - 15 Monday, 11 June 2018 00:00

Sydney (Reuters): The head of airplane sales at Airbus dismissed concerns about a sharp drop in orders for the A330neo


Emirates SkyCargo to expand footprint in the UK

Views - 11 Monday, 11 June 2018 00:00

Emirates SkyCargo, the freight division of Emirates, is gearing up to facilitate more trade between the UK and the rest of the world


Govt. should opt for PPP model for BIA expansion

Views - 362 Monday, 11 June 2018 00:00

Airports, mainly international airports world over, are major revenue generators and economic drivers. They create direct and indirect


India scraps cabotage rule; opens domestic freight to foreign-flagged vessels

Views - 68 Monday, 11 June 2018 00:00

In the biggest policy reform yet in the shipping sector, the Centre has allowed foreign-flagged container ships to carry export-import


CMPort to promote ‘Port-Park-City’ model under Belt and Road initiative

Views - 27 Monday, 11 June 2018 00:00

China Merchants Port Holdings Company Ltd., (CMPort) on 1 June held its Annual General Meeting (AGM) in Hong Kong with Chairman Fu Gangfeng presiding.


Hapag Lloyd effects Peak Season Surcharge in Trans Pacific Trade

Views - 15 Monday, 11 June 2018 00:00

Hapag-Lloyd will implement a Peak Season Surcharge (PSS) in the eastbound trade from East Asia, Indian Subcontinent


ONE slaps Bunker cost Recovery Surcharge

Views - 14 Monday, 11 June 2018 00:00

ONE has encountered progressive and significant inflation of fuel costs over recent months. Bunker


Abandon ship: oil tanker scrappage to hit multi-year high as earnings sink

Views - 25 Monday, 11 June 2018 00:00

Singapore (Reuters): The shipping industry will this year scrap the largest number of oil tankers in over half-a-decade,


Delta unveils plans to launch Mumbai flights

Views - 18 Tuesday, 5 June 2018 00:00

Delta Air Lines has unveiled plans to launch nonstop flights between the United States and Mumbai, India, next year. Delta also intends to expand its existing codeshare relationship with partner Jet Airways to provide seamless connections to other de


KLM CEO says more restructuring needed at Air France

Views - 12 Tuesday, 5 June 2018 00:00

SYDNEY (Reuters): More restructuring is needed at French flag carrier Air France, the head of Dutch sister airline KLM said on Monday. The two national airlines merged to form Air France-KLM in 2004 but Air France’s economic performance has broadly


Global airlines issue warning over trade tensions

Views - 9 Tuesday, 5 June 2018 00:00

SYDNEY: (Reuters): Growing tension over international trade could damage the airline industry and the world economy, global airlines and aviation executives warned on Sunday. The US government has renewed tariff threats against China and imposed duti


Qantas and Air NZ sign alliance as downunder tourism booms

Views - 13 Tuesday, 5 June 2018 00:00

SYDNEY (Reuters): Australia’s Qantas Airways Ltd. and Air New Zealand announced a codeshare deal on Friday, amid a redrawing of airline alliances in the region as booming tourism lifts carriers on both sides of the Tasman Sea to record profits. The


Aircraft cabin crew empowered to prevent human trafficking

Views - 9 Tuesday, 5 June 2018 00:00

Montréal and Geneva: Aircraft cabin crew will now have better tools to help them prevent human trafficking on commercial flights after the launch of new ICAO-OHCHR Guidelines for Training Cabin Crew on Identifying and Responding to Trafficking in Pe


Global airlines slash profit outlook as fuel costs jump

Views - 6 Tuesday, 5 June 2018 00:00

SYDNEY (Reuters) - Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of geopolitical tensions would add to operating risks. The International Air Tra


Cargo ship drops containers off Australia, nappies wash up on beaches

Views - 24 Monday, 4 June 2018 00:00

Sydney (Reuters): A cargo ship lost 83 containers over-board during heavy seas off Australia and items including nappies and sanitary pads are washing up on beaches while there are fears the ill-fated containers will pose a hazard for shipping and wh


Today's Columnists

Strong trade agreements need 30-50 consultations

Wednesday, 20 June 2018

Coming from a multinational working background, I strongly support free trade given that open competition tends to sharpen


The case of our concealed subservience to China

Wednesday, 20 June 2018

If one takes a close look at the general trend of discourse and debate that has been going on in Sri Lanka, one cannot but be


Muslim markers in Sri Lanka: Changes and challenges

Wednesday, 20 June 2018

If we exclude from our consideration the wars that owe their origin to religious hatred, or to difference in fundamental principles


A 10-point guide on bank credit facilities that suit your business best

Tuesday, 19 June 2018

As a businessman when you visit a bank seeking credit facilities you are faced with a lot of banking jargon with which you are often not conversant. You tend to learn about them only when you start utilising such facilities. Further, if are young and


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