Shipping / Aviation

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

Views - 37 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 - 69 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 - 33 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 - 26 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 - 604 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 - 41 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 - 253 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 - 43 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 - 73 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 - 36 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 - 382 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 - 44 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 - 21 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 - 57 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 - 62 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 - 121 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 - 35 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 - 38 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 - 295 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 - 200 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 - 28 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 - 145 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 - 39 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,

New Minister Sagala makes familiarisation visit to Colombo Port

Views - 181 Monday, 31 December 2018 00:01

Chief of staff to the Prime Minister, Minister of Ports, Shipping and Southern Development Sagala Ratnayaka made familiarisation visit to the port of Colombo on Friday. The Minister visited the Chairman’s office, Harbour Master’s Office, Pilot St

Dubai, Shenzhen City in deal to boost economic ties

Views - 25 Monday, 31 December 2018 00:00

The Executive Council of Dubai has signed a MoU with the Chinese city of Shenzhen with the aim of strengthening cooperation across cultural, economic and technology fields. The MoU was signed by Abdulla Al Basti, secretary general of the Executive Co

USS John C. Stennis leverages logistics hub in Sri Lanka

Views - 118 Monday, 31 December 2018 00:00

Indian Ocean: Taking advantage of a growing naval partnership with Sri Lanka, the Nimitz-class aircraft carrier USS John C. Stennis (CVN 74) established a logistics hub in Sri Lanka to receive support, supplies and services at sea. A C-2 Greyhound ca

Global passenger air traffic rebounds to 6.3% take off in October

Views - 15 Monday, 24 December 2018 00:00

IATA’s global passenger traffic results for October 2018 show that demand (measured in revenue passenger kilometres, or RPKs) rose 6.3% compared to the same month last year. This marked a rebound from 5.5% growth recorded in September, which was an

UK police release two people arrested in Gatwick drone investigation

Views - 20 Monday, 24 December 2018 00:00

LONDON (Reuters): British police on Sunday released without charge two people arrested in an inquiry into the illegal use of drones at London’s Gatwick Airport that crippled operations for three days last week.

Dubai Airports welcomes billionth passenger

Views - 33 Monday, 24 December 2018 00:00

Dubai Airports and representatives from across the aviation sector and the emirate of Dubai gave a warm welcome to the airport’s billionth passenger, nine-year-old Arjun and his family, who arrived last week from Orlando, Florida on Emirates flight

Fiji Ports Terminal wins Fiji Business Excellence Award for 2018

Views - 27 Monday, 24 December 2018 00:00

Fiji Ports Terminal Ltd. is the proud winner of Fiji Business Excellence Awards this year which was given away at a gala ceremony held at Sheraton Fiji resort in Denarau Fiji, last month by the President of the Republic of Fiji Islands Maj. Gen. (Ret

Today's Columnists

Discipline and the devil’s disciples

Monday, 18 February 2019

That coach who repeatedly slapped a boy under his care has generated a storm of controversy on social media. On one side are aunties, bleeding hearts, civil rights champions et al who are outraged or at the very least shocked or surprised. On the oth

SL growth profile: Arrest moving down the staircase immediately to avoid hard landing on the floor

Monday, 18 February 2019

Strong message in the Sri Lanka Development Update 2019 Sri Lanka Development Update for 2019 was released by the World Bank last week. This document contains a review by the bank’s residential staff of the present state of the country’s economy

Prudential banking and saga of MTD Walkers

Monday, 18 February 2019

The matters referred to in the article under this title published in the Daily FT (15 February) are spotlighted in more detail under this scrutiny. While the general attention of the public remains more focused on recently arrested underworld kingpin

Minister Wijeyadasa Rajapakshe’s empty rant

Monday, 18 February 2019

Minister Wijeyadasa Rajapakshe (WR) has joined President Sirisena’s reckless verbal onslaught on the Constitutional Council (CC) that was set up by the 19th Amendment (Daily Mirror 15 February). I use “verbal onslaught” intentionally since, as

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