Shipping / Aviation

IndiGo grounds five Airbus planes after P&W engine glitches

Views - 18 Monday, 30 July 2018 00:14

Reuters - IndiGo Airlines has grounded five Airbus A320neo planes at New Delhi airport after issues with Pratt & Whitney aircraft engines, India’s biggest low-cost carrier said last week.


Dead baby found on AirAsia India flight

Views - 19 Monday, 30 July 2018 00:07

NEW DELHI (Reuters) - A dead baby was found abandoned inside the lavatory of an AirAsia India flight that landed in New Delhi last week, police and the airline said.


Cosco Shipping targeted in ransomware attack

Views - 37 Monday, 30 July 2018 00:00

COSCO Shipping Lines, the container shipping arm of state conglomerate China Cosco Shipping Group, has been hit by a cyber attack that has disabled its IT systems in the US.


Europe-South Asia box trade makes strong start to 2018

Views - 25 Monday, 30 July 2018 00:00

Container shipments in the combined eastbound Europe to the Middle East and South Asia trade performed well in the first quarter, rising by 5.2% year-on-year, according to Container Trade Statistics.


New US rules on NVOCC service agreements begin next month

Views - 55 Monday, 30 July 2018 00:00

New US rules governing service contracts and non-vessel operating common carrier (NVOCC) service agreements will enter into force next month as the US seeks to streamline the regulatory costs and burdens for ocean shipping businesses and their custom


CASA holds 52nd Annual General Meeting

Views - 324 Monday, 30 July 2018 00:00

The Ceylon Association of Shipping Agents (CASA), the apex body that represents shipping in Sri Lanka, held its 52nd Annual General Meeting on 25 July at the Balmoral hall of The Kingsbury Hotel amidst a large gathering of over 400 participants.


CILT Sri Lanka holds first ever National Logistics and Transport Excellence Awards

Views - 173 Wednesday, 25 July 2018 00:00

The first ever National Logistics and Transport Excellence Awards ceremony organised by the Chartered Institute of Logistics


National ports master plan ready by end of the month

Views - 70 Wednesday, 25 July 2018 00:00

The Sri Lanka Ports Authority (SLPA) is set to launch a national ports master plan, followed by a comprehensive maritime and logistics policy, a top official confirmed yesterday.


Zim to cooperate with Maersk, MSC on Asia-US trade

Views - 30 Wednesday, 25 July 2018 00:00

Tel Aviv (Reuters): Israel’s Zim Integrated Shipping Services said on 19 July, it will cooperate with Maersk Line and


CILT Sri Lanka conducts membership drive at National Transport Commission

Views - 47 Wednesday, 25 July 2018 00:00

The Chartered Institute of Logistics and Transport (CILT) Sri Lanka held its first membership drive for the year 2018


Bangladesh Government to host 2nd South Asia Maritime and Logistics Forum on 9 and 10 Oct

Views - 158 Monday, 23 July 2018 00:00

In the recent times, Bangladesh has been making strides in her social and economic development, emerging as a functioning democracy and stable and prosperous economy in spite of numerous challenges and constraints.


3rd Sri Lanka-Japan Dialogue on Maritime Security, Safety and Oceanic Issues concludes successfully

Views - 70 Monday, 23 July 2018 00:00

The 3rd Sri Lanka–Japan Dialogue on Maritime Security, Safety and Oceanic Issues was held on 19 July at the Ministry of Foreign Affairs, Colombo.


Korean Air launches Boeing 777F cargo flights to Delhi, India

Views - 13 Monday, 23 July 2018 00:00

Korean Air has launched cargo flights between Incheon and Delhi, India on 17 July.


Alitalia reports double-digit passenger revenue worldwide

Views - 39 Monday, 23 July 2018 00:00

Alitalia, the Flag Carrier of Italy reported double-digit passenger revenues increase (+10.6%) in June. Revenues up by 7.3% in second quarter 2018.


Malaysia to release report on missing flight MH370 on 30 July

Views - 11 Monday, 23 July 2018 00:00

KUALA LUMPUR (Reuters): Malaysia will release on 30 July a long-awaited report into the disappearance of Malaysia Airlines flight MH370, the transport minister said on Friday.


Air Italy’s new Boeing 737 MAX 8 aircraft centre of attention at Farnborough International Airshow 2

Views - 14 Monday, 23 July 2018 00:00

Air Italy showcased its brand-new Boeing 737 MAX 8 aircraft in the airline’s new livery for the first time at Farnborough International Airshow 2018. The aircraft was delivered to the airline just last week and flew straight to the airshow for spec


Boeing wins air show as Airbus gets boost from AirAsia

Views - 16 Monday, 23 July 2018 00:00

FARNBOROUGH, England (Reuters): Boeing claimed victory after outselling rival Airbus at last week’s Farnborough Airshow, where the world’s largest planemakers repeated last year’s comparable haul of around 900 orders with the help of leasing i


Pathfinder Foundation Law of the Sea Centre conducts national seminar and workshop on port security

Views - 72 Monday, 16 July 2018 00:00

Centre for the Law of the Sea at the Pathfinder Foundation headed by Admiral Professor Jayanath Colombage, conducted a three-day national level seminar/workshop on International Ship and Port Facility Security Code (ISPS Code) at Mahapola Ports and M


China’s imports to US ports start peaking early amid tariff threat

Views - 22 Monday, 16 July 2018 00:00

LOS ANGELES (Reuters) - Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consume


Hapag-Lloyd CEO says cutting costs as fuel prices rise

Views - 35 Monday, 16 July 2018 00:00

FRANKFURT (Reuters) - German shipping company Hapag-Lloyd is cutting costs to cope with a rise in fuel prices that led it to slash full year earnings forecasts last month, its chief executive told shareholders last week.


SLFFA holds 37th Annual General Meeting

Views - 222 Monday, 16 July 2018 00:00

The Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA) held its 37th Annual General Meeting on 6 July at the Colombo Hilton Residences.


CILT Sri Lanka to host National Logistics and Transport Excellence Awards 2018

Views - 204 Monday, 16 July 2018 00:00

The first-ever National Logistics and Transport Excellence Awards 2018 organised by The Chartered Institute of Logistics and Transport (CILT) Sri Lanka will be held at The Kingsbury Hotel, Colombo, on 17 July.


Iran seeks EU help as shipping giant CMA CGM pulls out fearing US sanctions

Views - 30 Tuesday, 10 July 2018 00:00

AIX-EN-PROVENCE, France/LONDON (Reuters): One of the world’s biggest cargo shippers announced on Saturday that it was pulling out of Iran for fear of becoming entangled in US sanctions, and President Hassan Rouhani demanded that European countries


GLS enters Lankan logistics market with Eagle

Views - 74 Tuesday, 10 July 2018 00:00

General Logistics Systems (GLS), one of the largest ground-based parcel delivery service providers in Europe started their business in Sri Lanka last week with their network partner Eagle Global Logistics Ltd. (EAGLEX), which is one of the group comp


Shipping Minister to power more ports development post-Hambantota deal

Views - 351 Tuesday, 10 July 2018 00:00

Ports and Shipping Minister Mahinda Samarasinghe, in a recent interview with the Daily FT, recapped the success of concluding the mega-lease deal of Hambantota Port, which he identified as critical, and outlined plans for the development of other p


Training in Customs Harmonized (HS) Commodity System 2018

Views - 45 Monday, 9 July 2018 00:00

The annual training program in Customs Harmonized Commodity System better known as HS has been organised by the Shippers’ Academy Colombo (SAC) which will be held for the seventh consecutive year to educate the trading and the service industry who


CASA responds to article ‘All at sea over mysterious shipping Gazette No. 2069/38’

Views - 383 Monday, 9 July 2018 00:00

The Ceylon Association of Ships Agents (CASA) has sent the following statement over the Daily FT article of 5 July under the headline ‘All at sea over mysterious shipping Gazette No. 2069/38’ (see http://www.ft.lk/opinion/All-at-sea-over-mysterio


Aden Wong of Drewry Maritime to speak at 2018 WISTA AGM and 4th year anniversary celebrations

Views - 48 Monday, 9 July 2018 00:00

The Sri Lankan arm of the Women’s International Shipping and Trading Association (WISTA) will hold its AGM and annual conference on 13 July at the Jubilee Ballroom, Galle Face Hotel.


48th AGM of Sri Lanka Shippers’ Council today

Views - 100 Monday, 9 July 2018 00:00

Sri Lanka Shippers’ Council, the apex body that represents the interest of shippers, will hold its 48th Annual General Meeting followed by “the Post Business Session” and cocktails today, 9 July) at 5:30 p.m. at Lotus Ballroom, Shangri-La Hotel


Colombo Dockyard’s repair sector busy with tankers and dredger

Views - 40 Monday, 9 July 2018 00:00

Colombo Dockyard has been providing required repair support to regional owners as well as international ship owners over the past four decades, operating in collaboration with Onomichi Dockyard Co. Ltd. since 1993.


Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit


Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi


The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


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