Shipping / Aviation

India orders DP World, Maersk units to withdraw some notices to clients at Mumbai port

Views - 42 Monday, 21 January 2019 00:00

NEW DELHI (Reuters): India’s antitrust watchdog has ordered Denmark’s A.P. Moller-Maersk and Dubai’s DP World to withdraw certain customer advisories which it said could hamper growth of the country’s largest container port in Mumbai, a docum

P.B. Karandawala memorial lecture on Thursday

Views - 6 Monday, 21 January 2019 00:00

The Chartered Institute of Logistics and Transport (CILT) Sri Lanka will hold the P.B. Karandawala memorial lecture on 24 January 2019 at 5:30 p.m. at the Hector Kobbekaduwa Agrarian Research and Training Institute, 144 Wijerama Mawatha, Colombo 7. T

CINEC Campus conducts Aircraft Maintenance Engineering course

Views - 9 Monday, 21 January 2019 00:00

By consistently staying ahead of the development taking place in international civil aviation, CINEC Campus has attained the position of a catalyst for the industry by being able to develop new programs that are not readily available elsewhere in the

Sri Lanka needs better focus on logistics and distribution beyond 2020

Views - 133 Monday, 21 January 2019 00:00

The time has come for Sri Lanka to make all efforts to transform its advantage of speed and connectivity into a major logistics hub in the Indian Ocean which can have many positive spinoff effects in terms of becoming a more vibrant manufacturing, tr

Qatar Airways CEO: not interested in Jet Airways as backed by ‘enemy’ state

Views - 16 Wednesday, 16 January 2019 00:00

MUMBAI (Reuters): Qatar Airways will not buy a stake in Jet Airways as a substantial portion of the debt-laden Indian carrier is held by Etihad Airways, whose owner Abu Dhabi is an “enemy” of Qatar, its CEO Akbar al-Baker said on Tuesday. Abu Dha

Advantis Projects marks completion of logistics services for Matara-Beliatta railway line

Views - 38 Wednesday, 16 January 2019 00:00

Advantis Projects, a subsidiary of Hayleys Advantis Ltd., renowned for its expertise in transporting oversized and specialised cargo, marked the successful completion of logistics service provision for the construction of the Matara-Beliatta railway

Qatar Airways Cargo launches flights to Guadalajara, Mexico

Views - 7 Wednesday, 16 January 2019 00:00

Qatar Airways Cargo has launched freighter services to Guadalajara, Mexico. The twice-weekly freighter departs directly from Macau to Los Angeles in North America and connects onward to Mexico City arriving in Guadalajara, before departing for Doha v

Vietnam start-up Bamboo Airways to launch first commercial flight today

Views - 11 Wednesday, 16 January 2019 00:00

HANOI, (REUTERS): Vietnam’s start-up Bamboo Airways will launch its first commercial flight on Wednesday, the company said. The airline, a unit of the property and leisure firm FLC Group will start selling tickets from Saturday, it said in a state

The birth of airlines in the USA

Views - 32 Wednesday, 16 January 2019 00:00

The first non-stop trans-Atlantic flight took place in 1919, when two English flyers, John Alcock and Arthur Whitten Brown, flew a modified Vickers Vimy bomber from Newfoundland, Canada to County Galway in Ireland. While this won them knighthoods and

Airbus loses to Boeing in annual jet order race

Views - 12 Monday, 14 January 2019 00:30

LONDON, (Reuters): Airbus abandoned a five-year winning streak in the race for jetliner orders in 2018, slumping to its lowest share of the $150 billion jet market in six years but narrowing a gap against US rival Boeing Co in airplane deliveries. T

Air transport industry safety performance improves in 2018

Views - 7 Monday, 14 January 2019 00:29

In 2018, more than four billion passengers worldwide were carried safely on 38 million flights. There were 13 major accidents involving commercial airline operations, which resulted in a total of 523 fatalities. This represented an overall loss rate

First-ever Colombo International Logistics Conference on 1 and 2 Aug.

Views - 495 Monday, 14 January 2019 00:05

Sri Lanka is known as a mega transshipment location in South Asia. In fact, it’s the fastest growing one among major ports of the world, with the rank of 11th best connected port in the world of shipping. Situated in the middle of the Indian Ocean,

Sharp rise in air crash deaths in 2018

Views - 15 Monday, 7 January 2019 02:06

BBC: Last year saw a sharp rise in fatalities from air crashes compared with 2017 but 2018 was still the ninth safest year on record, figures show. Airliner accidents killed 556 people last year compared with 44 in 2017, the Aviation Safety Network (

Shipping industry makes history

Views - 220 Monday, 7 January 2019 02:02

Port of Colombo made history on 31 December 2018 by handling the record highest throughput of seven million TEUs in a calendar year. The seven millionth TEU was brought to the Port of Colombo by MV CPO Hamburg of the MSC Line and was discharged at th

Qatar Airways acquires 5% of China Southern Airlines

Views - 17 Monday, 7 January 2019 02:01

Qatar Airways has completed an on-market purchase of certain A shares and H shares of China Southern Airlines. As a result, Qatar Airways now holds approximately 5% of the total issued share capital of China Southern Airlines. Qatar Airways Chairman

Former Shipping and Ports Minister hails historic performance by SLPA in 2018

Views - 49 Monday, 7 January 2019 01:55

I wish to convey my warm good wishes to all those who worked to enable the record breaking handling of a record seven million containers in Colombo during the year 2018 – a singular achievement in the 39-year history of the Sri Lanka Ports Authorit

A first-class gaffe: Cathay to honour cheap ticket error

Views - 15 Monday, 7 January 2019 01:52

HONG KONG, AFP: Scores of savvy travellers will be sipping heavily discounted champagne in first class recliners on Cathay Pacific flights this year after the airline agreed to honour tickets that were mistakenly sold at a fraction of their value. A

Hayleys Advantis signs deal with Group to manage Abu Dhabi container facility

Views - 332 Monday, 7 January 2019 01:51

Hayleys Advantis Ltd. (Advantis), the transportation and logistics arm of Hayleys PLC, announced that it has entered into a landmark deal with Dubai-based Group. Advantis is to operate and manage a state of the art Inland Container Dep

Dutch authorities demand clean-up costs from Swiss shipping line MSC

Views - 21 Monday, 7 January 2019 01:50

AMSTERDAM, REUTERS: Dutch authorities will hold Swiss shipping line MSC liable for the cost of cleaning up debris from more than 270 cargo containers that fell off one of its vessels and washed up on shore, officials said on Friday. The Dutch coast

Oman to launch 4th regional airport this month

Views - 13 Monday, 7 January 2019 01:47

Oman is set to officially launch its fourth regional airport on 14 January at Duqm, located 3,000 km from capital Muscat. The Duqm Airport, which will come up on 27,386 sq. m. area, has an area capacity of half million travellers annually, and the ab

China reveals plans for carrier relocation to Beijing’s new airport

Views - 47 Monday, 7 January 2019 01:47

BEIJING, REUTERS: China’s aviation regulator published last week plans for airline relocation to Beijing’s new mega-airport set to open this year and said it would let foreign carriers decide which of the capital’s airports they will use. Beij

Dedicated contribution and honesty key to success: Sagala to Port staff

Views - 44 Wednesday, 2 January 2019 00:00

SriLanka Ports Authority (SLPA) commenced its operations and duties for the New Year offering priority to religious activities and the Pledge of Public Service on 1 January 2018. A program was conducted to mark this at the Sri Sambuddhathwa Jayanthi

Lanka Shipping & Logistics handles three Russian Naval ships

Views - 104 Wednesday, 2 January 2019 00:00

Lanka Shipping & Logistics Ltd., led by Saliya Senanayake FCILT, proved its professionalism once again by being nominated as the exclusive agent in Sri Lanka to handle end to end logistics and other related services to three Russian Naval ships at th

DP World invests $3 b in 2018

Views - 27 Wednesday, 2 January 2019 00:00

DP World, Dubai-based global operator of shipping terminals, diversified its global business portfolio through investments and acquisitions worth $3 billion in 2018, the company said. It also deepened its engagement with revolutionary new technologi

​OOCL named ‘Company of the Year’

Views - 28 Wednesday, 2 January 2019 00:00

OOCL received resounding applause from industry peers for the coveted ‘Company of the Year’ win at the Lloyd’s List Global Awards ceremony in London recently. This top honour in the awards program pays tribute to an organisation with marked ach

Marine pollution caused by shipping industry: Emerging threat in domain of environmental security

Views - 236 Monday, 31 December 2018 01:16

Oceans play a crucial role in balancing the global ecosystem. Hence, sustenance of a healthy marine environment is of vital necessity for several reasons. At the outset of expansive trade policies in the international arena, freight of goods via sea

A diversion to airships

Views - 189 Monday, 31 December 2018 01:12

Despite all the progress made in the Great War to develop aircraft and engines, significant issues still remained. Even the improved larger aircraft could not fly very far with a significant payload of passengers and cargo. Frequent stops were requir

IATA launches platform for airlines to share turbulence data

Views - 23 Monday, 31 December 2018 01:09

IATA has launched Turbulence Aware, a data resource to help airlines avoid turbulence when planning routes tactically in-flight. Turbulence Aware is designed to augment an airline’s ability to forecast and avoid turbulence by pooling and sharing (i

CILT conducts successful workshop on warehouse management

Views - 135 Monday, 31 December 2018 00:05

The Chartered Institute of Logistics and Transport (CILT) Sri Lanka launched the first workshop for this year on 6 December at the EFL Auditorium. The workshop was organised as part of CILT’s continuing professional development. OSM Holdings Group

Marella Discovery makes her maiden call to Colombo

Views - 33 Monday, 31 December 2018 00:03

Super luxury passenger vessel M.V. Marella Discovery of Marella Cruises, with 1,732 passengers and 764 crew on board, made her maiden call at the Port of Colombo in December 2018. In order to mark the maiden call of the vessel at the Port of Colombo,

Today's Columnists

All the presidents’ mien

Monday, 21 January 2019

I’m conflicted about the presidency we have. Do we need it like a fish needs a bicycle, or a baboon needs a parliament? Has the opportune time come for stakeholders as diverse as civil society led by a free media movement, conscientious objectors t

Banks should subsume technology before technology subsumes them

Monday, 21 January 2019

Returning to IBSL is like ‘coming home’ It is a privilege for me to return to the Institute of Bankers of Sri Lanka, popularly known as IBSL, after the lapse of some 10 years. I had a long association with IBSL from its very beginning – from ar

Ravi K’s discourse on W.A. Wijewardena’s involvement in Treasury bond issue

Monday, 21 January 2019

In his article published previously in the Daily FT, Ravi Karunanayake (the MOF during the period of the infamous CBSL bond scam) appears to have attemptedto pull wool over the eyes andto make a mountain out of a molehill. This exercise gives an impr

Making democracy a national heritage

Monday, 21 January 2019

We are in the year of elections. It is the season of political name calling. Everybody is busy conferring some name on some body. Neo liberal, liberal, dictator, fascist, neo fascist, NGO agent, imperialist lackey are some of these devices that come

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