Shipping / Aviation

Jet Airways to cut flights on some routes after further losses

Views - 10 Tuesday, 13 November 2018 00:33

BENGALURU, REUTERS: Debt-laden Indian carrier Jet Airways Ltd. will cut flights on less profitable routes and add capacity to more lucrative markets, as part of its effort to lower costs and boost revenues as it struggles to stay aloft. Jet, India

Indian project giant NTC Logistics starts operations in Sri Lanka

Views - 53 Tuesday, 13 November 2018 00:32

One of the largest project logistics companies in India, NTC Logistics started their operations in Sri Lanka last week with a joint venture partner Eagle Logistics. NTC Logistics India Ltd., formerly Namakkal Transport Carriers Ltd., is a logistics

Hambantota Port deal and East Container Terminal

Views - 118 Monday, 12 November 2018 00:20

By A Port Retiree In planning of modern ports, ‘Hybrid’ port management systems created by past events in less developed nations, are directed towards one basic system in port management for achieving economic benefits to maritime nations, to mat

Finance conference speakers take more optimistic view of shipping market trends

Views - 17 Monday, 12 November 2018 00:18

The fourth Maritime Standard Ship Finance and Trade Conference, held at Abu Dhabi’s Sheraton Hotel and Resort, was in many ways very different from the preceding three events in this increasingly popular series. While in other years the sense of ch

JCT transhipment volumes increase by 23.3%

Views - 33 Monday, 12 November 2018 00:16

he State-owned Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) witnessed the highest growth of 23.3% in transhipment container throughput for the first nine months (from January to September) in 2018, as against the corresponding pe

Port of Rotterdam Authority partners Samsung and others for container logistics blockchain pilot

Views - 11 Monday, 12 November 2018 00:15

There is still a lot of space in the logistics sector to use digitisation to achieve more transparency and, particularly, more efficiency. In this context, ABN AMRO, the Port of Rotterdam Authority and Samsung SDS, the logistics and IT arm of Samsung

Myanmar agrees smaller deal for China-backed port after ‘debt-trap’ concern

Views - 2 Monday, 12 November 2018 00:13

Yangon (Reuters): Myanmar on Thursday signed an agreement with China’s state-run CITIC Group to begin work on a deep-sea port in the west of the country, after negotiations that saw the initial phase of the project scaled back over fears of a “de

CILT Sri Lanka holds International Conference 2018

Views - 93 Monday, 12 November 2018 00:00

The Chartered Institute of Logistics and Transport (CILT) Sri Lanka hosted its Annual International Conference (IC) 2018 titled ‘Staying Relevant in a Digitally Connected Future’ in Colombo recently focusing on the impact of disruptive technologi

New investment to boost cargo handling at Hambantota International Port

Views - 41 Wednesday, 7 November 2018 02:01

The Hambantota International Port Group (HIPG) made yet another investment to further develop the operations of the Hambantota International Port. The latest investment of over $ 600,000, was made for the purchase of 40-foot Ro-Ro trailers with goose

Ceyline Group Chairman Chief Guest at World Maritime Day celebration in Fiji

Views - 19 Wednesday, 7 November 2018 02:00

Ceyline Group Executive Chairman and CINEC Campus President Captain Ajith Peiris attended the World Maritime Day celebration in Fiji as the event’s Chief Guest, demonstrating the strong ties and mutual respect that exist between the maritime indust

Pathfinder Foundation participates in Goa Maritime Symposium

Views - 53 Wednesday, 7 November 2018 02:00

The Indo-Lanka Initiatives (CILI) of the Pathfinder Foundation (PF) participated in the Goa Maritime Symposium organised by the Naval War College of the Indian Navy. Centre for CILI Director Admiral Prof. Jayanath Colombage represented the PF at the

Major port operators complete eco-friendly initiative

Views - 19 Wednesday, 7 November 2018 01:59

Five of the world’s leading port and terminal operators, including DP World and the Port of Rotterdam, have undertaken a week-long recycling initiative to promote sustainable resource usage. During the fifth annual Go Green Initiative, 8,332 employ

The Great War and the birth of the airline business

Views - 196 Monday, 5 November 2018 00:02

The Great War, which engulfed Europe in August 1914, was supposed to be a short conflict “over by Christmas” in the opinion of the complacent Generals who planned it. In fact, the first sustained conflict between industrial powers turned into a q

Expo Global Distribution Centre announces re-branding to ‘EFL Global Freeport’

Views - 29 Monday, 5 November 2018 00:00

Driving further consolidation of its end-to-end supply chain solutions, EFL (Expolanka Freight) announced a rebranding of its Freeport operations under the new moniker: ‘EFL Global Freeport Ltd’. Representing the first private sector enterprise

Winning the Wheel of Misfortune

Views - 178 Monday, 5 November 2018 00:00

CASA the voice of the shipping industry organised a seminar on ‘Professional Indemnity Cover for Shipping Agents and Service Providers to the Transport Industry’ on 1 November at the auditorium of the Ceylon Chamber of Commerce. The program outli

Maersk launches instant booking service

Views - 19 Monday, 5 November 2018 00:00

A.P. Moller–Maersk has become the first container shipping company to introduce its own instant booking confirmation service for customers. According to a statement by the Danish company, the service will make booking a container with Maersk as eas

DP World JV wins deal to build Free Trade Warehousing Zone at JNPT Mumbai for $78m

Views - 12 Monday, 5 November 2018 00:00

Hindustan Infralog Ltd., (HIPL), a joint venture between DP World (65%) and the National Investment and Infrastructure Fund (NIIF) (35%), has won the bid to develop and operate the Free Trade Warehousing Zone (FTWZ) at India’s largest container gat

China Eastern’s first Airbus A350-900 takes maiden flight

Views - 10 Monday, 5 November 2018 00:00

China Eastern Airlines’ first Airbus A350-900 has performed its maiden flight in Toulouse, France. The aircraft now enters the final phase of production, ground checks and test flights before being prepared for delivery in the coming weeks. China E

East Terminal Saga

Views - 251 Monday, 5 November 2018 00:00

By A South Asian freight analyst While the political chaos is grappling and crippling the country, the port of Colombo is once again in the picture where Sri Lanka could suffer transshipment growth due to political tug of war on expanding capacity t

Asia Pacific airlines passenger load up 6% to 28.2 m in Sept.

Views - 12 Monday, 5 November 2018 00:00

Preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) for the month of September 2018 show sustained growth in both international air passenger demand and air cargo markets, amid continued moderation in the global manufactu

No-deal Brexit risks travel chaos, nightmare at airports: IATA

Views - 21 Monday, 29 October 2018 00:00

LONDON (Reuters) - A no-deal Brexit could wreak chaos for travellers and a nightmare at airports, global airline industry body IATA warned, calling on British and European Union aviation authorities to put in place a plan to avoid such a worst-case s

Asia air cargo market gets e-commerce boost as trade war yet to bite

Views - 21 Monday, 29 October 2018 00:00

JEJU, South Korea (Reuters) - Strong e-commerce demand is fuelling Asia’s air freight market, with the U.S.-China trade war having minimal negative impact so far and in some cases even boosting shipments, industry executives said recently. E-commer

Emirates SkyCargo lifts a quarter of Sri Lanka’s total air exports in 2017/18

Views - 27 Monday, 29 October 2018 00:00

Many of Sri Lanka’s exports are colourful, tasty or fragrant and must arrive at their destinations on time and in pristine condition, a service Emirates SkyCargo continues to provide with distinction. According to figures released by the Colombo of

The miracle of flight: How it all began

Views - 102 Monday, 29 October 2018 00:00

17 December 1903. This is a date that dictated the future of mankind. On a cold winter’s day, on a desolate beach in a little known corner of America, two bicycle mechanics, Wilbur and Orville Wright, made the first sustained and controlled flight

World’s first price comparison website offering cross border shipping launches in Sri Lanka

Views - 807 Monday, 29 October 2018 00:00

It ultimately comes down to what the customer requires when it comes to buying online. A customer requires the best deals and to get it shipped for the least cost. Online buyers have become smarter in making decisions based on the wide variety of cho

CMA CGM offers to buy full control of Ceva

Views - 38 Monday, 29 October 2018 00:00

PARIS/ZURICH (Reuters) : French shipping group CMA CGM has offered to buy full control of Swiss transport company Ceva Logistics, in which it is already a major shareholder, the companies said on Thursday. The plan for a voluntary buyout offer was an

Maersk – A.P. Moeller simplifying supply chains for over 25 years

Views - 25 Monday, 29 October 2018 00:00

Ports and shipping lines share a very symbiotic relationship. It forms the bedrock of EXIM trade of any nation, thus enabling the global trade growth. For Maersk – A.P. Moeller, Sri Lanka has been a trading partner for over 25 years, working closel

IMO pushes ahead with tougher marine fuel rules

Views - 11 Monday, 29 October 2018 00:00

London (Reuters): The United Nations shipping agency pushed back this week on any phased entry for tougher marine fuel rules and further tightened regulations that will come into force in 2020. The International Maritime Organisation will prohibit sh

Key CASA seminar on 1 Nov.

Views - 122 Monday, 29 October 2018 00:00

CASA, the voice of the shipping industry, will hold a seminar on ‘Professional Indemnity Cover for Shipping Agents and Service Providers to the Transport Industry’ on 1 November from 2:30 p.m. onwards at the auditorium of the Ceylon Chamber of Co

UK competition regulator to study British Airways trans-Atlantic alliance

Views - 6 Monday, 22 October 2018 00:00

London (Reuters): Britain’s Competition and Markets Authority (CMA) said it would investigate British Airways’ revenue-sharing partnership on trans-Atlantic routes ahead of the 2020 expiry of a previous competition deal agreed with the airlines.

Today's Columnists

Constitutional paradox: There is no such thing called Election Commission

Wednesday, 14 November 2018

Our Constitution, which was certified by Parliament on 31 August 1978, has 19 amendments; the First Amendment to the Constitution was certified by the Speaker in the same year on 20 November. By the end of 1988, there had been 14 amendments made to t

‘So Sri Lanka’ – upgrade staff, processes, infrastructure at BIA arrivals to be world’s best!

Wednesday, 14 November 2018

24 October, time 12:47 p.m., place – my residence in Colombo My phone buzzes with a WhatsApp message from my old colleague Prasad Fernanado now with Saudi British Bank in Saudi. I am thrilled to see the message ‘Sri Lanka top country for travel i

Qatar crisis: From the Sri Lankans’ point of view

Wednesday, 14 November 2018

The aim of this article is to examine the Saudi blockade over Qatar and its impact in the past 17 months on the country. A special focus will be given to the Sri Lankan workers who have been living in Qatar for the past two decades. The reason why th

The reality of Sri Lanka – household end!

Wednesday, 14 November 2018

Whilst Sri Lanka is debating what is right and wrong on the governance of the country, the Sri Lankan household is falling part due to escalating costs, as per the latest data released by respected research agency Nielsen. For the seventh quarter in

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