Shipping / Aviation

Qatar Airways signs agreement to order five more Boeing 777 Freighters

Views - 10 Monday, 24 June 2019 00:00

Qatar Airways has signed an agreement with Boeing to purchase five additional 777 Freighters. The deal is valued at $ 1.8 billion at list prices. “I am very pleased that Qatar Airways has signed this landmark order for five new Boeing 777 Freighter

Lufthansa Group completes GSA representation in Sri Lanka

Views - 48 Monday, 24 June 2019 00:00

The Lufthansa Group has announced the appointment of United Ventures Ltd. as its new General Sales Agency (GSA) for Lufthansa, Austrian Airlines and Brussels Airlines in Sri Lanka. In its new role as GSA United Ventures will manage onground sales and

Parliament heats up over SriLankan Airlines CCO appointment

Views - 29 Monday, 24 June 2019 00:00

The appointment of an American national with a questionable background as the Chief Commercial Officer (CCO) of SriLankan Airlines was raised in Parliament by Opposition MPs on Friday. UPFA MPs Kanaka Herath and Mahindananda Aluthgamage both question

CNCI seminar on ‘Customs Procedures and Documentation’ at Hotel Taj tomorrow

Views - 7 Monday, 24 June 2019 00:00

The Ceylon National Chamber of Industries (CNCI) has organised a comprehensive full day seminar on ‘Customs Procedures and Documentation’ to be held tomorrow from 9 a.m. to 4 p.m. at Hotel Taj Samudra, Colombo-3. CNCI Secretary General Abeyratn

Chinese firms to pump $ 4 b into giant UAE logistics parks

Views - 36 Monday, 24 June 2019 00:00

It’s boom time for the UAE logistics industry with more and more Chinese companies set to invest over $ 4 billion in development of giant logistics parks in Abu Dhabi and Dubai, said a top official of National Association of Freight and Logistics (

Imports to busiest US seaport complex fall 6% in May

Views - 9 Monday, 24 June 2019 00:00

LOS ANGELES, REUTERS: The Los Angeles and Long Beach port complex - the No. 1 hub for U.S. ocean trade with China - processed 6.3% fewer inbound cargo containers in May, signaling that the escalating U.S.-China trade war is roiling business activity.

HIP joins WISTA Sri Lanka to build gender diversity awareness

Views - 28 Monday, 24 June 2019 00:00

In a bid to increase awareness of gender diversity in the workplace, the Hambantota International Port (HIP) partnered with the Sri Lankan arm of the Women’s International Shipping and Trading Association (WISTA). The association together with the

Felicitation of Tania Polonnowita Wettimuny by Zonta Club 111 of Colombo

Views - 28 Monday, 24 June 2019 00:00

IAS Holdings Ltd. Group Managing Director Tania Polonnowita Wettimuny was felicitated by Zonta Club 111 of Colombo for her contribution and women empowerment in the field of Freight Forwarding and Logistics. Tania Wettimuny went in to become an entre

Colombo Dockyard delivers biggest-ever vessel

Views - 52 Monday, 24 June 2019 00:00

Colombo Dockyard PLC (CDPLC) on Friday delivered the first-ever modern Cable Laying Vessel built for Kokusai Cable Ship Co. Ltd. (KCS) Japan attended by a host of dignitaries. This is the biggest-ever vessel, price-wise as well as length-wise, built

Happy Birthday Airbus!

Views - 46 Monday, 17 June 2019 00:00

Airbus celebrated its 50th birthdayon 29 May this year. Launchedin 1969 at the Paris Airshow by the French and West German governments, the new conglomeratewas meant to be a foil to domination of the western civilian airline market by the Americans.(

WISTA holds forum on digitisation of ports and women in maritime technology

Views - 159 Monday, 17 June 2019 00:00

The Sri Lankan Chapter of the Women’s International Shipping and Trading Association (WISTA) in association with #DataccioConnect (maritime technology based events) held a one day seminar on the digitalization of ports and technology for crew with

Colombo Dockyard gives message to European market on Sri Lanka’s return to normalcy

Views - 213 Monday, 17 June 2019 00:00

Sri Lanka’s pioneer shipbuilding and ship repairing facility, Colombo Dockyard PLC, was the sole participant from Sri Lanka in one of the leading International Shipping Exhibitions ‘Nor-Shipping 2019’ from 4-7 June in Oslo, Norway. Under the

Colombo Dockyard lays keels of two pilot launches being built for Sri Lanka Ports Authority

Views - 73 Monday, 17 June 2019 00:00

On 11 June, Colombo Dockyard PLC (CDPLC) laid the keels to auspiciously commence shipbuilding work on two pilot launches as per an agreement signed with Sri Lanka Ports Authority (SLPA) on 1 February. The contract was signed after CDPLC successfully

GAC Group successfully holds contract logistics conference in Colombo

Views - 39 Monday, 17 June 2019 00:00

Asia-Pacific is leading the global contract logistics market overtaking Europe. The growth in this region is attributed to the rising retail enactment, strong economic growth, and increase in disposable income in the region. Contract logistics involv

HIP showcased at Transport and Logistics Exhibition in Munich

Views - 55 Monday, 17 June 2019 00:00

Hambantota International Port (HIP) was a key participant at ‘Transport Logistics 2019’, the world’s premier transport and logistics exhibition held in Munich, Germany held last week. The port which is the newest addition to the international m

EFL launches exclusive charter to Pittsburgh, USA

Views - 53 Monday, 10 June 2019 00:36

Global logistics provider EFL recently launched an exclusive weekly charter to Pittsburgh, USA as part of its continuous efforts to develop innovative solutions for global brands. The inaugural shipment of over 90 tonnes was moved on a Boeing 777 fre

Port of Colombo partners in SL Country Pavilion at Transport and Logistics Fair in Germany

Views - 65 Monday, 10 June 2019 00:15

The Port of Colombo through an exclusive delegation from Sri Lanka Ports Authority (SLPA), South Asia Gateway Terminals Ltd. (SAGT) and Colombo International Container Terminals Ltd. (CICT) partnered in the Sri Lanka Country Pavilion at the Transport

ambitious plans afoot to transform maritime sector

Views - 49 Monday, 10 June 2019 00:14

Ports, Shipping and Southern Development Minister Sagala Ratnayaka said in view of the country’s recovery from the Easter Sunday explosions, the Government has embarked on ambitious plans to transform Sri Lanka into a vibrant maritime hub in the re

Hambantota Port attracts luxury cruise liner Europa 2

Views - 42 Monday, 10 June 2019 00:13

Hapag-Lloyd’s luxury cruise liner Europa 2 docked at the Hambantota International Port (HIP) last week for an overnight stay. Over 200 passengers from the cruise liner took advantage of the stopover, making day trips to Yala, Bundala, Udawalawe, Ka

Aitken Spence Maritime facilitates 1st cruise ship to call at SL ports following April attacks

Views - 47 Monday, 10 June 2019 00:06

The luxury cruise ship ‘MS Europa 2’, owned by German operator Hapag-Lloyd Kreuzfahrten Hamburg, recently called at the Ports of Hambantota and Colombo with 309 passengers and 356 crew onboard. Aitken Spence Maritime is the agent in Sri Lanka for

Walkers Colombo Shipyard launches ‘Ocean Lady’

Views - 123 Monday, 10 June 2019 00:01

‘Ocean Lady’, a 35 meter landing craft designed and constructed by Walkers Colombo Shipyard Ltd. (WCS), was launched at a simple ceremony held at its yard at Mutwal last Wednesday (5). Ocean Lady is the second landing craft built by WCS for Sanke

Who killed the Airbus A380?

Views - 1082 Monday, 10 June 2019 00:00

As American author Mark Twain remarked in 1897, “The report of my death was an exaggeration.” The Airbus A380, flagship of the world’s largest airliner manufacturer and culmination of an estimated $ 16 billion development program, is alive and

YoungShip Sri Lanka presents The CASA Youngship Open Quiz 2019

Views - 114 Tuesday, 4 June 2019 00:00

Youngship Sri Lanka presents its latest event, an open quiz competition for the year 2019. The quiz would be conducted by the renowned International Quizzing Association (Sri Lanka branch) with an independent quiz master and judges. It would be held

HIP responds to medical emergency on the high seas

Views - 40 Tuesday, 4 June 2019 00:00

Hambantota International Port (HIP) might be a relatively new destination on the world maritime map, but it is now becoming a safe haven for sailors in distress. Although Hambantota’s maritime connections go back centuries, its transformation from

Deploying energy to maritime business: CDPLC launches Rapid Response Afloat Repair Service

Views - 132 Tuesday, 4 June 2019 00:00

Setting up to provide discerning ship owners and managers with fast response, reliable afloat repair service, while the ship is in port or anchorage, Sri Lanka’s pioneer ship building and ship repairing centre, the Colombo Dockyard PLC (CDPLC) offi

Lanka Shipping and Logistics celebrates decade of success

Views - 604 Monday, 27 May 2019 00:00

Lanka Shipping and Logistics Ltd. (LSL) was founded nine years back and is gearing up for the 10th year celebrations in the year 2020. 2020 in the maritime world is going to be a significant year with many changes to take place and it is ironic that

Sri Lanka’s port development and the role of the BRI

Views - 137 Monday, 27 May 2019 00:00 Sri Lanka is strategically located at the centre of the Indian Ocean and is in close proximity to the traditional east-west shipping route. As Sri Lanka gears up to become a regional hub, many other countries are turning to port

Expolanka Airline Division rebrands as part of expansion plans

Views - 70 Monday, 27 May 2019 00:00

Having arrived at its milestone 25-year mark, Expolanka Airline Division has announced that it will embark upon the new era by rebranding itself as EAM (Expo Airline Management). The fresh new name and logo represents the company’s plans to aggress

WiLAT holds 6th Annual General Meeting

Views - 153 Tuesday, 21 May 2019 00:00

The sixth Annual General Meeting of the Women in Logistics and Transport (WiLAT) was held on Thursday, 9 May, at the Auditorium of the National Chamber of Commerce amidst a large gathering of the industries eminent personalities and members of the as

Logistics is not… transportation

Views - 409 Tuesday, 21 May 2019 00:00

Google it. Go for a lecture or attend a seminar, mostly one will notice the first picture that appears or explains logistics would be a ship, an airplane, truck or railway connecting two places via transport networks. Ask a managing director what log

Today's Columnists

Soaring heights of NPLs in banking

Thursday, 27 June 2019

Capital inadequacy, political interference, abuse of power, wasteful and unproductive expenditure, corrupt deals, circumventions of regulatory directions, unscrupulous lending operations, imposed IMF and WB conditions for reforms, and window-dressed

New Land Policy: Ideal alternate development strategy, but accompanying policies needed

Thursday, 27 June 2019

It is reported that the Government has prepared a law to grant freehold possession of farm land held under lease from the Government. This may be a revision of the Land Development Ordinance (LDO) of 1935. This article proposes to discuss the pros a

Need for an education revolution: Future of our kids and the nation is at risk – Part II

Thursday, 27 June 2019

Lessons to be learnt from the Asian educational giants A journalist of New York Times requested Hideki Shirakawa, a Nobel laureate, to describe Japanese culture. He said, “Fundamentally, Japanese culture is based on rice farming. Rice cultivation r

Country’s reconciliation with English and Moragahakanda

Thursday, 27 June 2019

When the country received independence from British, it was blessed with an efficient administration, a high standard in education, and also sound foreign exchange reserves; the country was admired by other countries. The three major and several mino

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