Shipping / Aviation

WiLAT field visit to Regency Teas

Views - 279 Monday, 6 January 2020 00:04

WiLAT organised a field visit to Regency Teas Ltd. on 1 November 2019 for a study and experience tour on the supply chain value in the tea sector. It was a much-awaited experience as Regency Teas opened up its newly built state-of-the-art facility to


APL Logistics hosts knowledge sharing session: ‘Charting the course to a better supply chain’

Views - 101 Monday, 6 January 2020 00:04

APL Logistics (APLL), global logistics solutions specialist, hosted some of its prime clients to a knowledge sharing session C-Suites Forum under the theme of ‘Charting the course to a better supply chain’, which was held recently at the Galle Fa


Baltic index hits 8-month low on soft demand across vessels

Views - 11 Monday, 6 January 2020 00:01

REUTERS: The Baltic Exchange’s main sea freight index touched its lowest level in eight months on Friday, weighed down by weak demand across all vessel segments. The Baltic index, which tracks rates for capesize, panamax and supramax vessels that f


Adani Ports buys Krishnapatnam Port from CVR Group

Views - 43 Monday, 6 January 2020 00:01

Gautam Adani-led Adani Ports and Special Economic Zone Ltd. (APSEZ) will buy a 75% stake in Krishnapatnam Port Company Ltd., the entity that runs a private deep-water port at Krishnapatnam in Andhra Pradesh’s Nellore district, for Rs. 13,500 crore


Air India no longer available on Sabre GDS

Views - 26 Monday, 6 January 2020 00:00

Sabre has confirmed that flight and fare content from the troubled airline, Air India, is no longer available through its GDS system. The two companies have been partners for over 20 years. Sabre Vice President – Global Communications Kristin Hays


Major commercial plane crash deaths worldwide fell by more than 50% in 2019

Views - 11 Monday, 6 January 2020 00:00

WASHINGTON (Reuters): The number of people killed in large commercial airplane crashes fell by more than 50% in 2019 despite a high-profile Boeing 737 MAX crash in Ethiopia in March, a Dutch consulting firm said last week. Aviation consulting firm To


British Airways to trial AI-powered robots at London Heathrow

Views - 17 Monday, 6 January 2020 00:00

British Airways will trial AI-powered autonomous robots at London Heathrow Terminal 5 next year. The robots, from tech company BotsAndUs, are programmed to interact with passengers in multiple languages using the latest translation technology to answ


2019 aviation industry in retrospect

Views - 692 Monday, 6 January 2020 00:00

Aviation’s main story of the last year has been, of course, the 737 MAX accidents and all the controversy surrounding this aircraft. The significance and commercial impact of this ongoing saga, has masked what was otherwise another successful year


Airbus beats goal with 863 jet deliveries in 2019, ousts Boeing from top spot

Views - 17 Monday, 6 January 2020 00:00

Paris (Reuters): Airbus has become the world’s largest planemaker for the first time since 2011 after delivering a forecast-beating 863 aircraft in 2019, seizing the crown from embattled US rival Boeing, airport and tracking sources said last week.


CMA CGM announces new GRR from Asia

Views - 16 Monday, 6 January 2020 00:00

In a continued effort to provide its customers with reliable and efficient service, CMA CGM has announced a General Rate Restoration (GRR) effective from 15 January 2020. The GRR of $ 200 per TEU is on all cargo dry, reefer, OOG and breakbulk and wil


Suez Canal revenues increase slightly in 2019

Views - 8 Monday, 6 January 2020 00:00

CAIRO (Reuters): Suez Canal revenues increased slightly to $ 5.8 billion in 2019 compared with $ 5.7 billion in 2018, its authority said in a statement on Saturday. The canal kept its transit toll unchanged in 2020 for all types of vessels except dry


CILT supporting 100 years of logistics and transport professionals globally

Views - 160 Tuesday, 31 December 2019 02:06

On 3 November 1919 at a luncheon at London’s Savoy Hotel, administrators, managers and engineers gathered to form a new Institute then known as CIT. It had been championed by the then Minister for Transport Sir Eric Geddes, who subsequently became


CILT YPF Quiz Master 2019

Views - 329 Tuesday, 31 December 2019 01:56

CILT YPF Quiz Master 2019, one of the flagship events of CILT Young Professionals’ Forum was held for the fifth consecutive time. The event was held in The Kingsbury, Colombo and 45 energetic teams competed for the CILT YPF Quiz Master Crown. Apar


Crew assaulted as five ships attacked in Singapore Strait

Views - 40 Tuesday, 31 December 2019 01:53

Five vessels were attacked by pirates in the Eastbound lane of the Singapore Strait on 20 and 23 December with the crew on one assaulted, and tied on up on two, adding to a string of incidents in the busy shipping lane. The tanker Jag Lalit was board


Outlook positive as Hambantota Port grows with opportunities for Sri Lankans

Views - 83 Monday, 30 December 2019 01:29

Xinhua: It was early in the morning as 25-year-old Harshana Tennekoon zipped across southern Sri Lanka’s Hambantota International Port (HIP) in his hatchback to welcome the first roll-on/roll-off (RORO) ship of the day. The massive vessel, carrying


EFL wins big at National Business Excellence Awards 2019

Views - 26 Monday, 30 December 2019 01:28

Leading global logistics provider Expolanka Freight Ltd. (EFL) secured two awards at the National Business Excellence Awards (NBEA) 2019 held at the Hilton Colombo on 13 December. EFL won for Excellence in Corporate Social Responsibility (CSR) and En


CILT Sri Lanka Central Branch organises first field visit to Central Expressway

Views - 133 Monday, 30 December 2019 01:26

In fulfilling its vision “to be the most prominent professional body in the central region facilitating regional development in logistics and transportation”, a group of 15 members of CILT Sri Lanka – Central Branch visited the Central Expressw


Cargo ship runs aground in Istanbul’s Bosphorus strait

Views - 19 Monday, 30 December 2019 01:25

ISTANBUL (Reuters): A foreign cargo ship ran aground in Istanbul’s Bosphorus strait on Friday, requiring a rescue operation and prompting authorities to temporarily close the picturesque and crowded waterway running through Turkey’s largest city.


SriLankan Airlines concludes award-winning year

Views - 1806 Monday, 30 December 2019 01:20

The national carrier of Sri Lanka and a member of the Oneworld alliance SriLankan Airlines, reaffirming the success of its marketing communication endeavours, concludes the year with seven global awards. The airline’s communication focus that signi


Emirates to bring crowd-puller flagship A380 to Kuwait Aviation Show 2020

Views - 14 Monday, 30 December 2019 01:19

Emirates, the world’s largest international airline, is set to showcase its latest flagship Airbus A380 to visitors and spectators on 15 January at the Kuwait Aviation Show 2020. Visitors to the show will be able to tour the popular double-decker


Sixth prototype of China’s C919 jet completes first test flight

Views - 15 Monday, 30 December 2019 01:18

BEIJING, REUTERS: The sixth prototype of China’s home-built C919 narrow body passenger plane completed its first test flight on Friday, marking a milestone in the program’s testing schedule as China races to compete with Airbus SE and Boeing Co.


Hyundai takes control of Asiana Airlines for $2.2 b

Views - 20 Monday, 30 December 2019 01:16

SEOUL, AFP: A South Korean construction firm on Friday signed a deal to acquire Asiana, the country’s second-largest airline, which has long been plagued by financial problems. The HDC Hyundai Development Company said its consortium closed on a 2.5


Boeing CEO resigns after two deadly 737 Max crashes

Views - 13 Monday, 30 December 2019 01:16

Boeing CEO Dennis Muilenburg resigned last week over the deadly 737 Max debacle that has plunged the aircraft maker into crisis and damaged its reputation as one of the stalwarts of American industry. The company’s board said a change in leadership


Gen. Daya Rathnayake assumes duties as new Chairman of Sri Lanka Ports Authority

Views - 127 Monday, 23 December 2019 01:09

General Daya Rathnayake, former Commander of the Army and former Commissioner General of Rehabilitation, assumed duties as the new Chairman of Sri Lanka Ports Authority (SLPA), amid blessings of venerable Maha Sangha, on 20 December at the Chairman


McLarens Group opens new office in Hambantota Port

Views - 128 Monday, 23 December 2019 01:08

The McLarens Group celebrates another milestone in its drive for expansion when it opened an office on the 7th floor of the Sayurupaya building, the Hambantota Maritime Service Centre, located within the port of Hambantota. The expansion comes amid t


A.P. Moller – Maersk announces new Executive Board to accelerate strategy execution

Views - 21 Monday, 23 December 2019 01:07

A.P. Moller – Maersk has taken the next steps towards a more integrated company and changes the structure of its Executive Board by appointing Vincent Clerc as CEO of Ocean and Logistics and Henriette Hallberg Thygesen as CEO of Towage, Manufacturi


Two Carnival Corp cruise liners collide off Mexico

Views - 8 Monday, 23 December 2019 01:04

MEXICO CITY, REUTERS: Two Carnival Corp cruise ships collided on Friday in the port of Mexico’s Caribbean resort of Cozumel, the luxury cruise operator said, crushing the stern of a 952-foot-long vessel and leaving passengers stunned at the loud im


APL launches intra-Asia service

Views - 21 Monday, 23 December 2019 01:04

APL has announced the launch of Asia Subcontinent Express 8 (AS8), a weekly direct service from Thailand to India and Pakistan. With a direct connection from Laem Chabang to Pipavav, Port Qasim and Karachi, AS8 offers a faster alternative to relayin


MSC re-routes cargoes due to French strikes

Views - 13 Monday, 23 December 2019 01:04

PARIS, REUTERS: Container shipping company MSC said on Friday it was implementing contingency plans to re-route container ships away from French ports when necessary due to strikes in the country. Two weeks of nationwide industrial action in France h


Baltic index falls for 13th consecutive session

Views - 10 Monday, 23 December 2019 01:03

Reuters: The Baltic Exchange’s main sea freight index declined for a 13th straight session on Friday, weighed down by declining rates across all vessel categories. The Baltic index, which tracks rates for capesize, panamax and supramax vessels that


Today's Columnists

‘Stutiyi’, my dearest Sri Lankan friends

Monday, 24 February 2020

My heartstrings have been pulled every day during the past few weeks. When following closely my home-country’s all-out efforts to fight the COVID-19 epidemic, I’m always being touched by the most concrete solidarity and the most sincere friendshi


COVID-19 in China: Testing the quality of humanity

Monday, 24 February 2020

Many opinions have been penned across the world over the outbreak of the new strain of influenza. It has killed thousands of innocent Chinese according to official figures. As it came from China, no candlelight vigil has been held in major cities in


Extremes of two world economies – Communist and Capitalist

Monday, 24 February 2020

Up until now, two major economies have dominated the world – the communist economy, militarily controlled and with only state enterprises (or so it was believed outside of their military borders) and the so-called capitalist economy that commenced


Parliamentary debate on forensic audit reports: Only two constructive suggestions

Monday, 24 February 2020

A debate without substance I spent two afternoons last week in watching the live debate on the forensic audit reports by Sri Lanka’s Parliamentarians. Sadly, there were only two Parliamentarians who made constructive suggestions that should merit a


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