Shipping / Aviation

Aviation X Lab to reinvent the next era of air travel

Views - 9 Monday, 11 November 2019 00:40

Aviation X Lab, the ambitious aviation-specific incubator that brings some of the largest global pioneers under one umbrella, was unveiled at Area 2071 earlier in the week. Aviation X Lab establishes a long-term partnership between Emirates and Airbu


China’s rising giants

Views - 206 Monday, 11 November 2019 00:37

China’s evolution into a global powerhouse with the world’s second largest economy is a familiar story. Less well-known though is the tremendous growth of the nation’s state-sponsored aviation sector, which now has a global reach. Serving the w


EASA extends global certification of SL Engineering

Views - 7 Monday, 11 November 2019 00:34

By Divya Thotawatte SriLankan Engineering last week announced that the European Aviation Safety Agency (EASA) had extended the EASA Part- 145 certification of the aircraft maintenance provider, strengthening its positioning as a key provider of engin


Browns Tours launches total logistical solutions for tourists and corporates

Views - 8 Monday, 11 November 2019 00:33

Browns Tours, in partnership with 12Go Asia, has launched a total logistics solution for tourists to travel within Sri Lanka thus allowing them to visit distant areas that may have been otherwise missed. It is believed that this in turn will bring so


Aitken Spence Maritime ushers in first cruise ship for the season, Costa Victoria

Views - 15 Monday, 11 November 2019 00:31

Aitken Spence Maritime launched the passenger cruise season with Italy’s biggest tour operator Costa Cruises. The luxurious passenger vessel Costa Victoria called at Colombo Port on 5 November carrying 1,739 passengers and 790 crew members on board


Walkers Colombo Shipyard spruces up Hiru 3 in 7 days

Views - 31 Monday, 11 November 2019 00:30

Text and pix by P.D. De Silva Walkers Colombo Shipyard Ltd. carried out hard scraping, power buffering and painting of the hull of Hiru 3, a 23.5 m long fishing vessel in a record time of seven days. Hiru 3, a long liner fishing vessel owned by Hori


Eagle Awards Night 2019

Views - 10 Monday, 11 November 2019 00:29

In commemoration of their 14th anniversary, Eagle Group held their Annual Awards Night on 26 October at Elevate, Access Towers in Colombo. The Awards Night is held every year, with the aim of rewarding the top achievers at the company and recognising


Ship Finance and Trade conference speakers stress on need for collaborative working

Views - 9 Monday, 11 November 2019 00:28

The fifth annual The Maritime Standard Ship Finance and Trade Conference took place the Sofitel Abu Dhabi Corniche, on 6 November. The event highlighted the importance of the shipping, ports and other maritime sectors working more closely with the fi


Baltic index inches lower on weaker panamax demand

Views - 8 Monday, 11 November 2019 00:27

Reuters: The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Wednesday on weaker demand for panamax vessels. The Baltic index, which reflects rates for capesize, panamax and supr


Trincomalee Port set to double capacity with night navigation and 24-hour operations

Views - 88 Wednesday, 6 November 2019 00:00

In keeping with Ports, Shipping and Southern Development Minister Sagala Ratnayaka’s promise to install night navigation at the Trincomalee Port before the end of this year, the Sri Lanka Ports Authority (SLPA) says it has successfully completed th


MIT Cargo awarded Bronze at 27th NCE Awards 2019

Views - 29 Wednesday, 6 November 2019 00:00

MIT Cargo Ltd., a pioneer in the freight forwarding and logistics industry, was recognised with the Bronze Award under the Service Providers category - Logistics Sector (Large Scale), at the recently concluded National Chamber of Exporters Awards 201



Colombo Dockyard signs agreement to set up office at HIPG Maritime Center – Hambantota

Views - 25 Wednesday, 6 November 2019 00:00

Colombo Dockyard (CDPLC) inked an agreement with Hambantota International Port Group Ltd. (HIPG), to open an office at the HIPG ‘Maritime Centre’ on 1 November. The strategic maritime location of Hambantota, in close proximity to the key maritim


WiLAT ‘Ignite’ 6.0 mentoring induction tomorrow

Views - 77 Wednesday, 6 November 2019 00:00

Women in Logistics and Transport (WiLAT) Sri Lanka, the women’s forum of Chartered Institute of Logistics and Transport (CILT), will be holding its flagship ‘Ignite’ mentoring program in its sixth edition on 7 November at the Winchester, The Ki


EFL 3PL strengthens online presence

Views - 32 Wednesday, 6 November 2019 00:00

Sri Lanka’s top logistics multinational conglomerate EFL launched a website for its third-party logistics (3PL) cluster, complementing its revamped approach towards providing supply chain solutions. EFL 3PL who thrives at being responsive is taking


In for fundamental redrawing of supply chains, will Sri Lanka take advantage?

Views - 143 Monday, 4 November 2019 00:00

By Darshana Abayasingha The Chartered Institute of Logistics and Transport of Sri Lanka (CILT) celebrated the 100th anniversary of the institute globally, with an international conference titled ‘Shifts in International Trade – Shaping the Future


Arjuna leads Sri Lankan delegation to 40th Session of ICAO Assembly in Montreal

Views - 22 Monday, 28 October 2019 00:00

Minister of Transport and Civil Aviation of Sri Lanka Arjuna Ranatunga and Sri Lanka’s High Commissioner to Canada Asoka Girihagama attended the 40th Session of the International Civil Aviation Organization (ICAO) Assembly held from 24 September to


Saudi Arabian Airlines takes delivery of first Boeing 787-10 Dreamliner

Views - 15 Monday, 28 October 2019 00:00

Saudi Arabian Airlines has taken delivery of its first Boeing 787-10 Dreamliner. In addition to the 787-10, Saudia operates 13 787-9 Dreamliner airplanes, and 33 777-300ER (Extended Range) jets. As a stretch of the 787-9, the 787-10 increases cargo c


Tata and SIA’s Vistara launches Mumbai-Colombo flights

Views - 1256 Monday, 28 October 2019 00:00

Vistara, India’s finest full-service carrier and a joint venture of Tata Sons and Singapore Airlines, has announced a daily (except Wednesdays) direct service to Colombo, Sri Lanka from 25 November 2019 onwards, making it the fourth international d


Airbus delivers 1,000th A320neo family aircraft

Views - 11 Monday, 28 October 2019 00:00

Airbus has delivered the 1,000th A320neo Family aircraft. The aircraft, an A321neo produced in Hamburg, Germany, was delivered to the Indian airline, IndiGo. IndiGo is the world’s biggest customer for the A320neo Family with orders totalling 430 ai


Advantis Engineering showcase modular construction brilliance at Jaffna International Airport

Views - 27 Monday, 28 October 2019 00:00

Due to fast-moving economic conditions present in Sri Lanka, utmost importance is placed on the lead time of construction projects in order to satisfy all key stakeholders. Advantis Engineering, an industry leader in rapid, innovative and bespoke spa


Global air cargo volume down 4% in August

Views - 29 Monday, 28 October 2019 00:00

IATA’s latest data for global air freight markets shows that demand, measured in freight ton kilometres (FTKs), contracted by 3.9% in August 2019, compared to the same month in 2018. This marks the 10th consecutive month of year-on-year decline in


Marine Insights masterclass on understanding Bill of Lading frauds

Views - 18 Monday, 28 October 2019 00:00

Billions of dollars’ worth of merchandise are globally shipped around through multi-modal transport modes to reach customers. Almost 90% of it is done by ocean cargo, while the rest is done by air and land transportation. Under different internati


All for maritime and supply chain

Views - 179 Monday, 28 October 2019 00:00

Immediate Past Navy Commander and present Secretary Ministry of Ports and Shipping and Southern Development Admiral S.S. Ranasinghe, retired former Navy Commander Admiral Jayantha Perera, retired Master Mariner Capt. Rohith Fernando, retired former N


Lankan envoy meets Polish State Minister of Maritime Economy

Views - 10 Monday, 28 October 2019 00:00

Sri Lanka’s Ambassador in Poland C.A.H.M. Wijeratne recently met with State Minister of Maritime Economy and Inland Navigation at the Ministry in Warsaw. During the meeting the Minister presented the scope of tasks carried out by the Ministry of Ma


Ship supplies firm OceanServe Lanka serves AS Sophia

Views - 133 Monday, 28 October 2019 00:00

A team of individuals from OceanServe Lanka Ltd., a part of Lanka Shipping and Logistics Ltd., attended the vessel, AS Sophia, which arrived in Colombo on 9 October. The team aptly supplied the requirements of the vessel, with special attention being


Jaffna International Airport

Views - 2033 Tuesday, 22 October 2019 00:40

17 October was a great day for residents of Jaffna and for all Sri Lankans, when an ATR-72 turboprop airliner of Alliance Air (a regional subsidiary of Air India) landed at the brand-new Jaffna International Airport (JIA), the first international fli


Botched airport opening ceremony: Sri Lanka cries

Views - 1209 Tuesday, 22 October 2019 00:35

Last Thursday (16 October) was a great day for Sri Lanka; the Jaffna International Airport was opened. It offered a great opportunity for integrating Jaffna with the rest of Sri Lanka; for tourists from Tamil Nadu (the largest number of tourists comi


Cathay Pacific expands inflight entertainment selection

Views - 29 Tuesday, 22 October 2019 00:32

The Cathay Pacific Group is giving customers more of what they love, with four times the entertainment available to discover and enjoy every time they fly. This significantly enriched inflight entertainment offering epitomises Cathay Pacific’s eff


EFL 3PL partners with Millennium IT ESP to deliver innovative 3PL solutions

Views - 235 Monday, 21 October 2019 00:00

Expert supply chain management is EFL’s forte, driven by its award-winning 3PL (Third Party Logistics) solutions, which has a reputation for solutions with extreme agility – most recently demonstrated with a new model initiated for its business w


Today's Columnists

Why NPP for minorities and the nation?

Tuesday, 12 November 2019

The two minority communities, Tamils and Muslims, and their ethnic political parties are once again caught up in a dilemma in choosing one or the other of the two leading presidential candidates, Sajith and Gota. The Tamil parties drew a set of 13 d


Why NPP for minorities and the nation?

Tuesday, 12 November 2019

The two minority communities, Tamils and Muslims, and their ethnic political parties are once again caught up in a dilemma in choosing one or the other of the two leading presidential candidates, Sajith and Gota. The Tamil parties drew a set of 13 d


Corporate treasurers should make more use of derivatives to hedge risks

Monday, 11 November 2019

Humans have never liked the idea of uncertainty. More so, they did not like the idea of economic uncertainty. Hence, the need to hedge this uncertainty gave rise to the evolution of derivatives. Derivatives have been used by mankind for a very long


China’s rising giants

Monday, 11 November 2019

China’s evolution into a global powerhouse with the world’s second largest economy is a familiar story. Less well-known though is the tremendous growth of the nation’s state-sponsored aviation sector, which now has a global reach. Serving the w


Columnists More