Shipping / Aviation

US questions COSCO’s takeover of California cargo terminal

Views - 6 Monday, 23 April 2018 00:00

Reuters: A US national security review has raised concerns about a takeover by China’s COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported

Rohan Masakorala to speak for 4th time at SMW

Views - 19 Monday, 23 April 2018 00:00

Driven by the Maritime and Port Authority of Singapore, Singapore Maritime Week gathers the international maritime community for a week of flagship conferences, dialogues, exhibitions and social events in celebration of all things maritime this week.

Sri Lanka Customs completes 20 years on acceding to HS Convention

Views - 4 Monday, 23 April 2018 00:00

7 April 2018 was a memorable day for Sri Lanka’s foreign relations, particularly with regard to functions directly related to Sri Lanka Customs, because, they are completing 20 years on acceding to the world famous International Convention on Harmo

UN shipping agency reaches deal to cut CO2 emissions

Views - 6 Monday, 23 April 2018 00:00

LONDON (Reuters): The United Nations shipping agency has reached an agreement to cut carbon emissions, following years of slow progress.

Qatar Airways signs LOI for five Boeing 777 Freighters

Views - 3 Monday, 23 April 2018 00:00

Qatar Airways has signed a letter of intent with Boeing to purchase five 777 Freighters, valued at $1.7 billion at list prices.

Korean Air chairman says two daughters will step down from company posts

Views - 7 Monday, 23 April 2018 00:00

SEOUL (Reuters): Korean Air Lines chairman Cho Yang-ho said on Sunday his two daughters would immediately step down from their positions at the company.

The world’s largest aircraft, the Antonov 225, landed at Sri Lanka’s second international airport

Views - 14 Monday, 23 April 2018 00:00

in the southern town of Mattala on Wednesday (18 April) for refuelling on its way to Karachi from Kuala Lumpur with a cargo of unspecified heavy machinery.

Airbus suspends A320 revamp study amid output problems

Views - 8 Monday, 23 April 2018 00:00

PARIS (Reuters): Airbus has shelved advanced studies aimed at improving its A320neo jet family, designed in part to fend off a mid-market plane that Boeing hopes to build, two people familiar with the matter said.

Emirates to exercise Airbus A380 options “sooner rather than later”

Views - 6 Monday, 23 April 2018 00:00

HAMBURG (Reuters): Emirates will commit to purchasing options for 16 Airbus A380 jets from a previously announced $16 billion order that handed a lifeline to the slow-selling jet, the airline’s president said recently.

Lufthansa consolidates cargo links with SriLankan Airlines

Views - 5 Monday, 23 April 2018 00:00

Lufthansa Cargo, one of Europe’s leading airlines, operates with 57 freighter aircraft and 197 passenger aircraft recently solidified its cargo links with Sri Lanka through its long time business partner Lewis Brown Air Services Ltd., a member of D

SLPA-run terminals fully occupied during seasonal holidays

Views - 44 Tuesday, 17 April 2018 00:25

With 100% attendance of operations and all other supportive staff during the Sinhala and Tamil New Year season, and especially on 13 and 14 April, the Jaya Container Terminal (JCT) and the Unity Container Terminal (UCT) of the Sri Lanka Ports Authori

Supreme Court dismisses appeal made by Omega Shipping and its employees

Views - 34 Tuesday, 17 April 2018 00:00

The Supreme Court recently dismissed the Leave to Appeal applications filed by Omega Shipping :td., and two of its current employees M. Rushan Hameed and Thilak Wickremasinghe. The two employees were formerly employed at Wilhelmsen Meridian Navigatio

Gayani de Alwis elected CILT Sri Lanka Chairperson

Views - 57 Tuesday, 17 April 2018 00:00

The Chartered Institute of Logistics and Transport (CILT) Sri Lanka held its 34th Annual General Meeting (AGM) on 28 March, at the Victorian Hall of The Kingsbury Hotel, Colombo, attended by an august gathering of members.

Prudential Shipping celebrates 20 years of success

Views - 385 Tuesday, 17 April 2018 00:00

Prudential Shipping recently celebrated its 20th anniversary as a ‘Beacon of the Indian Ocean’, the theme for their 20th year. With a humble beginning 2 decades ago, the company has sailed forward, navigating steadily to its current position as

China gives go-ahead for two largest shipbuilders to merge

Views - 28 Monday, 9 April 2018 00:00

SHANGHAI (Reuters): China’s cabinet has given preliminary approval to merge the country’s two largest shipbuilders, China State Shipbuilding Corp with China Shipbuilding Industry Corp, Bloomberg reported on Friday, citing people familiar with the

Now K-Line admits to cartel conduct in Australian court

Views - 20 Monday, 9 April 2018 00:00

Sydney (Reuters): Kawasaki Kisen Kaisha (K-Line) has pleaded guilty to criminal cartel conduct in the transport of vehicles, Australia’s competition regulator said on Thursday, the second Japanese shipping company to make such an admission.

Norway targets IMO to halve global shipping emissions by 2050

Views - 9 Monday, 9 April 2018 00:00

Oslo (Reuters): Global shipping should set a goal of halving greenhouse gas emissions by 2050, Norway’s government and shipowners’ association said on Thursday before talks by the International Maritime Organization (IMO) in London this week.

Advantis Projects and COSCO Shipping handle logistics for country’s first 10MW biomass power plant

Views - 37 Monday, 9 April 2018 00:00

Continuing to support the nation’s power and energy sector, Advantis Projects announced that it had been appointed as the logistics solutions provider for COSCO Shipping Project Logistics Co., Ltd. who secured the total transportation of the countr

APL reaffirms commitment to Sri Lanka

Views - 25 Monday, 9 April 2018 00:00

APL reaffirmed its commitment to contribute to Sri Lanka’s regional hub ambitions as the global ocean carrier inaugurated its new office premises in the business centre of Colombo.

Opinion SriLankan Airline can only be resuscitated by Harry Jayawardena

Views - 2069 Monday, 9 April 2018 00:00

Successive governments have ruined SriLankan Airlines in many ways. The real ruin started with the appointment of Nisthantha Wickremasinghe – Mahinda Rajapaka’s cameo BIL.

India to sell 76% stake in state-run carrier Air India

Views - 13 Monday, 9 April 2018 00:00

NEW DELHI (Reuters):India said it plans to sell a controlling stake in Air India along with roughly $5.1 billion of the state-run carrier’s debt, one of the biggest divestments undertaken by Prime Minister Narendra Modi’s government.

Partners to rivals: Air New Zealand, Virgin Australia end 7-year alliance

Views - 11 Monday, 9 April 2018 00:00

Reuters - Air New Zealand said it would end its seven-year alliance with Virgin Australia Holdings , meaning the airlines will now compete head-to-head for passengers in the hotly competitive route between the two countries.

Jet Airways to buy 75 more Boeing 737 MAX jets

Views - 8 Monday, 9 April 2018 00:00

Boeing and Jet Airways have announced a new order for 75 737 MAX airplanes as India’s premier international airline looks to the new and improved 737 jet to power its future growth.

Qatar Airways signs MOU to buy 25% stake in Russia’s Vnukovo International Airport

Views - 8 Monday, 9 April 2018 00:00

Qatar Airways has signed a MOU with Moscow’s Vnukovo International Airport, Russia’s third-largest airport, to potentially acquire up to 25% of the airport’s total shares.

Asia Pacific airlines February passenger numbers up 7.7% to 28 m

Views - 7 Monday, 9 April 2018 00:00

Preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) for the month of February show further growth in both international air passenger and air cargo markets, underpinned by positive business and consumer sentiment across m

$ 3 b worth ONE put to sea

Views - 44 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 - 31 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 - 20 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 - 128 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

Dialog Axiata and Royal College Colombo bag first ever Exim and Logistics Quiz

Views - 183 Monday, 2 April 2018 00:00

For the past, eight years, the Shippers’ Academy Colombo (SAC) pioneered and introduced high quality corporate quizzes to the Sri Lankan industry.

Today's Columnists

Designers of Sri Lanka’s Future: Episode I Nihal Ranasinghe

Monday, 23 April 2018

To sustain economic growth, Sri Lanka needs a critical pool of daring people who would see things differently and design a new future.

Lalith: An invincible legacy

Monday, 23 April 2018

The twenty third day of April, 1993 is among a handful of blots in our national hall of shame. It was the day on which a lone gunman, perhaps with conspirators yet unknown, acted to neutralise a political threat by depriving all Sri Lankans of the in

Sri Lanka lost its maritime aspirations 60 years ago

Monday, 23 April 2018

Protectionism was the key factor that prevented Sri Lanka becoming a maritime hub 60 years ago,when our leaders could not see beyond the horizons to develop the nation in the late 50s and early 60s, which opened the doors to Singapore to be what it i

‘The Ants’ as a ‘disruptive’ teledrama: Managerial insights

Monday, 23 April 2018

I hardly watch teledramas, not only because I value my time but also because of their questionable value.

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