Shipping / Aviation

Kuwait ‘to soon award tenders for Mubarak Port project’

Views - 29 Monday, 17 September 2018 00:00

Kuwait is in the process of awarding six tenders to execute projects related to loading and unloading cargo by 2021 – the agreed time-frame, said a report.


CMA CGM is benefiting from trade war

Views - 18 Monday, 17 September 2018 00:00

Reuters: CMA CGM, one of the world’s largest container shipping lines, is benefiting from strong trade flows between China and the United States for now, the French group’s chief executive said.


Rodrigo Reyes to speak at CILT Int’l Conference 2018

Views - 18 Monday, 17 September 2018 00:00

Renowned expert and a promoter of e-cargo programs, Rodrigo Reyes will be addressing at the Chartered Institute of Logistics and Transport (CILT) ‘International Conference 2018’ to be held on 19 September at the Balmoral Hall of the Kingsbury Hot


Super luxury MV Viking Orion calls Colombo

Views - 22 Monday, 17 September 2018 00:00

The super luxury MV Viking Orion made her maiden call at the Port of Colombo last week. In order to mark the occasion, a plaque exchange ceremony was held on board the vessel.


SriLankan Airlines delays Canton flight over typhoon

Views - 7 Monday, 17 September 2018 00:00

SriLankan Airlines’ flight UL880 from Colombo to Guangzhou (Canton) on 16 September was delayed by an estimated 11 hours due to the closure of Guangzhou Airport on account of the approach of Typhoon Mangkhut.


CASA facilitates seminar to celebrate World Maritime Day

Views - 100 Monday, 17 September 2018 00:00

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


Colombo Dockyard represents Sri Lankan ship repair and shipbuilding at SMM 2018 in Germany

Views - 18 Monday, 17 September 2018 00:00

Sri Lanka’s pioneer shipbuilding and ship repairing facility, Colombo Dockyard PLC participated at one of the biggest international shipping exhibitions ‘SMM 2018’ during 4-7 September in Hamburg, Germany.


Hamburg Süd adjusts NERA and SERA services

Views - 18 Monday, 10 September 2018 00:58

As a reflection of seasonal reduction of market demand in Asia, Hamburg Süd has announced the following adjustments to its services. NERA 2 – Service Suspension


OOCL unveils new Asia – East Africa service

Views - 19 Monday, 10 September 2018 00:56

OOCL has announced the introduction of its new Asia – East Africa products, namely the Asia–East Africa Service 1 (EAX1), Asia–East Africa Service 2 (EAX2), Asia–East Africa Service 3 (EAX3) and Asia–East Africa Service 4 (EAX4) from Septem


OOCL unveils new Asia – East Africa service

Views - 11 Monday, 10 September 2018 00:56

OOCL has announced the introduction of its new Asia – East Africa products, namely the Asia–East Africa Service 1 (EAX1), Asia–East Africa Service 2 (EAX2), Asia–East Africa Service 3 (EAX3) and Asia–East Africa Service 4 (EAX4) from Septem


IORA Member States finalise setting up Working Group on Maritime Safety and Security in SL

Views - 19 Monday, 10 September 2018 00:55

The Member States of the Indian Ocean Rim Association (IORA) met in Colombo last week and finalised the terms of reference (ToR) at an initial workshop held for the setting up of the Working Group on Maritime Safety and Security.


Dagang Net Technologies M’sia Head of Business Eva Chan to speak at CILT International Conference

Views - 11 Monday, 10 September 2018 00:54

Trade and customs expert Eva Chan Chaw Peng is scheduled to deliver a profound speech at the Chartered Institute of Logistics and Transport (CILT) ‘International Conference 2018’ to be held on 19 September at the Balmoral Hall of the Kingsbury Ho


China engages in Australia’s largest maritime drill for first time

Views - 8 Monday, 10 September 2018 00:40

Sydney (Reuters): China is participating for the first time in Australia’s largest maritime exercise as more than 3,000 personnel from 27 countries engage in joint training off the strategic northern port of Darwin.


Pership partners Danish logistics giant DSV

Views - 56 Monday, 10 September 2018 00:38

Local transport and logistics company Pership has announced its partnership with global industry giant DSV with the official launch of DSV Pership. DSV is a Danish logistics and transport company offering worldwide services in land, sea, air and rail


Relaxed cabotage rules may move transhipment to Indian ports from Colombo

Views - 61 Monday, 10 September 2018 00:37

MUMBAI: Relaxation in cabotage rules that were prohibiting foreign flagged vessels from ferrying domestic cargo will help transferring transshipment activity to Indian ports and can help save forex and also create jobs opportunities locally, a trade


Surge in Q2 profit masks underlying challenges for AirAsia

Views - 13 Monday, 10 September 2018 00:04

Reuters - AirAsia Group reported a surge in second-quarter net profit on the back of a tax benefit, but operating profit fell sharply as fuel and maintenance costs increased. The Malaysian budget carrier said that net profit for April-June rose by 14


India plans relief package for airlines as forecast losses mount

Views - 8 Monday, 10 September 2018 00:02

NEW DELHI (Reuters) - India said recently it was working on a relief package for its airline industry, which is forecast to lose up to $1.9 billion this financial year due to rising costs and low fares.



Bangladesh world’s 49th top merchandise importing country

Views - 24 Monday, 3 September 2018 00:00

Bangladesh has been ranked as the 49th top merchandise importing country in the past year, according to the World Trade Organization – Trade Profiles 2018.


Agreement on world’s biggest trade deal set for November

Views - 34 Monday, 3 September 2018 00:00

SINGAPORE (Reuters): Singapore’s trade minister said on Saturday that broad agreement on the world’s biggest trade deal should be reached at a summit of leaders from participating nations in the city-state in November, six years since talks began


ZIM upgrades India-Med Express Line

Views - 20 Monday, 3 September 2018 00:00

Starting September, ZIM India-Med Express Line (IMX) will have a new rotation, with significantly faster transit time, making the fastest on the trade.


CMA CGM reshuffles EPIC 1 service between North Europe and Indian Subcontinent

Views - 16 Monday, 3 September 2018 00:00

In a continued effort to provide our customers with reliable and efficient service, CMA CGM will reshuffle its EPIC 1 service connecting North Europe with the Indian Subcontinent.


PIL ceremonially names Southern Pearl

Views - 31 Monday, 3 September 2018 00:00

PIL has announced that a naming ceremony of Southern Pearl had taken place at Kouan Shipyard in China on 14 August.


China-Europe freight train completes 10,000th trip

Views - 32 Monday, 3 September 2018 00:00

China-Europe freight train completes 10,000th trip People next to a China-Europe freight train that completed its 10,000th trip as it returned from Hamburg, Germany, to Wuhan, Hubei Province, China, 26 August 2018


COSCO Shipping 1H profit falls 98%

Views - 20 Monday, 3 September 2018 00:00

SHANGHAI (Reuters): China’s COSCO Shipping Holdings Co. Ltd. on Thursday said first-half profits fell 97.8% as it grappled with higher costs and a slide in freight rates.


Shippers benefit through falling freight rates

Views - 110 Monday, 3 September 2018 00:00

Container freight rates have fallen by over half in the past 20 years after inflation is taken into account, according to a new analysis by Alphaliner.


Upali Gunawardena receives fellow membership of CILT

Views - 45 Monday, 3 September 2018 00:00

Chartered Institute of Logistics and Transport (CILT) Sri Lanka recently awarded fellow membership (FCILT) status to experienced transport professional Upali Gunawardena.


CDC Events together with Gensoft launches ‘Asia Logistics Forum 2018’

Views - 50 Monday, 27 August 2018 00:00

CDC Events & Travels together with Gensoft Ltd. will be organising the ‘Asia Logistics Forum 2018’ which will take place on 4 and 5 September at the Cinnamon Grand, Colombo.


Maersk sends first container ship through Arctic route

Views - 41 Monday, 27 August 2018 00:00

COPENHAGEN (Reuters): A Maersk vessel loaded with Russian fish and South Korean electronics will next week become the first container ship to navigate an Arctic sea route that Russia hopes will become a new shipping highway.


DHL Express Sri Lanka helps local exporters harness power of e-commerce growth

Views - 46 Monday, 27 August 2018 00:00

Inaugural e-commerce workshop held in collaboration with the Export Development Board of Sri Lanka for over 90 SMEs


Today's Columnists

STEAMing STEM – Moving from horoscopes to telescopes!

Thursday, 20 September 2018

Walking into an inventors’ exhibition should give one an experience similar to an immersion into the future. The world change with inventions and inventors lead the change. The creativity displayed is an indicator of the creativity of the society f


STEAMing STEM – Moving from horoscopes to telescopes!

Thursday, 20 September 2018

Walking into an inventors’ exhibition should give one an experience similar to an immersion into the future. The world change with inventions and inventors lead the change. The creativity displayed is an indicator of the creativity of the society f


There is smoke in the eyes of those who do not want to see!

Thursday, 20 September 2018

Shyamon Jayasinghe, a former citizen of Sri Lanka, now living in Victoria, Australia, writing to Daily FT in a Guest Column article has given an old college try at the President of Sri Lanka by announcing about a cloaked portentous writing on the wal


Modi celebrates birthday whilst making India strong – Lesson for SL

Thursday, 20 September 2018

The Indian Prime Minister celebrated his birthday earlier this week in the backdrop of India growing at a blistering performance of 7.1%. The January-March quarter saw the highest GDP growth in the last seven quarters with India becoming the sixth la


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