Shipping / Aviation

DHL Express Sri Lanka clinches ‘Customer Services Department of the Year’ at 2017 Stevie Awards

Views - 62 Monday, 2 October 2017 00:05

DHL Express, the world’s leading international express services provider, clinched Gold for ‘Customer Services Department of the Year’ for its Sri Lankan office at the 14th Annual International Business Awards announced by Stevie Awards USA.

Boeing boosts Southeast Asia order forecast on strong demand

Views - 10 Monday, 2 October 2017 00:04

SINGAPORE (Reuters): Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible.

Dubai airport passenger traffic up 6.6% in August, busiest month on record

Views - 13 Monday, 2 October 2017 00:02

Reuters: Dubai International Airport, the world’s busiest for international traffic, recorded its busiest month ever in August for passenger traffic, which the operator said was boosted by a seasonal increase in travellers.

SIA, Lufthansa Group operationalise joint venture partnership

Views - 9 Monday, 2 October 2017 00:01

Singapore Airlines (SIA) and Lufthansa Group have confirmed 1 October 2017 as the launch date for their joint venture co-operation covering flights between Singapore, Australia and Germany, Switzerland, Austria and Belgium.

Qatar Airways chief wants to expand fleet, look for US investments

Views - 16 Monday, 2 October 2017 00:00

EVERETT, Wash., (Reuters): Qatar Airways Chief Executive Akbar Al Baker said last week the carrier plans to expand its fleet, stepping up orders for Boeing Co aircraft and accepting four Airbus aircraft that it had cancelled in July because of delays

Tilak and Anil to discuss disruptions in aviation and maritime sectors at CILT Intl. conference

Views - 118 Wednesday, 27 September 2017 00:00

Tilak Dissanayake, Engineer, and Anil Kumar, Principal Surveyor and Area Business Development Manager – South Asia of Lloyd’s Register Asia are scheduled to address the 2017 International Conference of the Chartered

Alibaba takes control of logistics business, pledges $ 15 b to expand network

Views - 21 Wednesday, 27 September 2017 00:00

Hong Kong/Beijing (Reuters): Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($ 15 billion) over five years to build out a global logistics network, underscoring aggressive expan

The importance of staying competitive in the face of digitalisation

Views - 68 Monday, 25 September 2017 00:00

Sri Lanka is driving towards establishing itself as a regional maritime and logistics hub. Being blessed with a geographical positioning to complement this objective along with a heritage of shipping and trading, we are making steady progress towards

Top economist to keynote CILT International Conference on 3 Oct.

Views - 23 Monday, 25 September 2017 00:00

Eminent scholar and economist Dr.Ganeshan Wignaraja is slated to deliver the keynote address at the Chartered Institute of Logistics & Transport (CILT) Sri Lanka International Conference –2017 to be held on 3 October at the Balmoral Hall of The Kin

DHL Express announces 2018 rate adjustments

Views - 8 Monday, 25 September 2017 00:00

DHL Express, the world’s leading international express services provider, has announced its annual general average price increase, effective 1 January 2018. In Sri Lanka, the average price increase will be 4.9%.

Far Shipping (FAR) Singapore marks 15 years of success

Views - 27 Monday, 25 September 2017 00:00

Far Shipping (FAR) Singapore recently celebrated 15 years of service excellence as a leading feeder services provider in the Indian Subcontinent and Bay of Bengal. With Sri Lanka positioned as its primary hub, the organisation operates in collaborati

FedEx raises TNT integration costs by $75 m

Views - 12 Monday, 25 September 2017 00:00

Reuters: Package delivery company FedEx Corp said last week it expects to incur roughly $350 million in integration costs related to its acquisition of Netherlands-based TNT Express during 2018, some $75 million higher than previous estimates.

Leading global relocations player Santa Fe collaborates with EFL Relocations

Views - 159 Monday, 25 September 2017 00:00

Pioneering freight and logistics provider EFL (Expolanka Freight) has officially partnered with global family moving giant Santa Fe Relocation Services.

National Single Window and Trade Information Portal to be introduced to streamline and improve trans

Views - 81 Monday, 25 September 2017 00:00

In order to raise awareness on National Single Window and Trade Information Portal in the process of streamlining trade and improving transparency

Eagle Logistics specialised on 4PL

Views - 16 Monday, 25 September 2017 00:00

Eagle Logistics Colombo has become the first 4PL provider in Sri Lanka to be involved with many corporate customers and be an integrator that accumulates resources

Hong Kong port looks to ride out container shipping turmoil

Views - 18 Monday, 18 September 2017 10:30

LONDON (Reuters): Hong Kong’s port expects a slight rise in container shipping volumes this year despite continuing global turmoil in the sector.

National Chamber hosts seminar on ‘Quarantine procedures on exports and imports’

Views - 62 Monday, 18 September 2017 10:29

The National Chamber of Commerce recently held a seminar on ‘Quarantine procedures on exports and imports’. High ranking officials from the National Plant Quarantine Service gave very enlightening and valuable information on the strict measures a

CILT partners Hinrich Foundation for talent development program

Views - 11 Monday, 18 September 2017 10:29

The Hinrich Foundation is a non-profit organisation dedicated to promoting sustainable global trade. The foundation provides career development opportunities for talented individuals in emerging Asia through the Global Trade Leader Development progra

Green light to COSCO-OOCL deal

Views - 26 Monday, 18 September 2017 10:28

China’s State owned Assets Supervision and Administration Commission (SASAC) has approved the bid from COSCO Shipping Holdings Co to take over Orient Overseas (International) Ltd.

CMA CGM confirms order for giant ships as market upturn lifts profits

Views - 21 Monday, 18 September 2017 10:27

PARIS (Reuters): CMA CGM, the world’s third-largest container shipping firm, said it expected operating profits to improve further in the second half as the market continues to recover, and confirmed an order for nine giant vessels.

Air Berlin’s administrator takes in bids from Lufthansa, others

Views - 13 Monday, 18 September 2017 10:24

BERLIN (Reuters) - Lufthansa and several other parties had put in bids for parts of Air Berlin by th

India invites bids to appoint banks, lawyers for Air India sale

Views - 12 Monday, 18 September 2017 10:23

NEW DELHI (Reuters): India has invited bids to appoint two financial advisors and one legal advisor for the privatisation of national carrier Air India and its subsidiaries, the Ministry of Finance said in a newspaper advert last week.

South African Airways to shrink services as part of revamp

Views - 13 Monday, 18 September 2017 10:23

CAPE TOWN (Reuters) - South African Airways will fly 23% fewer flights by the end of the year as it retires five aircraft, the national carrier said last week, part of a revamp aimed at returning to profit. Loss-making SAA, which flies one of Africa

Malaysia Airlines signs MOU for 16 Boeing aircraft

Views - 17 Monday, 18 September 2017 10:22

Malaysia Airlines has signed a Memorandum of Understanding with Boeing for 16 airplanes. The MOU converts eight of Malaysia Airlines’ existing order for Boeing 737 MAX aircraft into eight 787-9 Dreamliners and includes eight additional purchase rig

Qatar Airways Cargo to launch flights to Pittsburgh, Pennsylvania

Views - 7 Monday, 18 September 2017 10:22

Pittsburgh will be Qatar Airways Cargo’s fifth freighter destination in the Americas launched this year.

Global air freight demand soars to double-digit growth in July

Views - 4 Monday, 18 September 2017 10:21

The latest global air freight data from IATA shows that demand, measured in freight tonne kilometres (FTKs), increased by 11.4% in July 2017 compared to the same period a year ago.

South Asia Maritime and Logistics Forum takes off in grand scale

Views - 175 Monday, 18 September 2017 09:06

History was created on 7 September, when two countries of South Asia, India and Sri Lanka private sector industry leaders launched the first ever South Asia Maritime and Logistics Forum (SAML Forum) in Mumbai, India. Over 250 delegates from, India, S

CASA discusses regulations and policy with Director General of Merchant Shipping

Views - 31 Monday, 18 September 2017 08:25

The Chairman and the Executive Committee of the Ceylon Association of Shipping Agents (CASA) met with the Director General Merchant Shipping, A.W. Seneviratne, to discuss the regulations and policy governing the maritime sector recently.

Cathay Pacific finalises order for 32 Airbus A321neo aircraft

Views - 7 Monday, 18 September 2017 08:20

Cathay Pacific has finalised an order with Airbus for 32 A321neo single-aisle aircraft.

JCT commemorates ceremonial berth of Pendulum Express Lines inaugural call M.V. Amalthea at Colombo

Views - 25 Wednesday, 13 September 2017 00:00

Hong Kong-registered Pendulum Express Lines’ (PEL) MV Amalthea berthed its maiden voyage at Jaya Container Terminal in Colombo, Sri Lanka recently.

Today's Columnists

Constitutional reform – A reply to Dr. Wijeyadasa Rajapaksa

Wednesday, 22 November 2017

The lengthy article by Dr. Wijeyadasa Rajapakshe PC on constitutional reform published in the newspapers recently appears to contain several errors of fact and of law

Ranil’s reluctant tryst with truth

Wednesday, 22 November 2017

Twenty years ago in 1998, Dr. Jayadeva Uyangoda writing in the periodical ‘Frontline’ traced our peculiar path of progress in the 50 years of independence

Omni-Channel Synchroniser for banks and financial institutions: An vision to simplify banking

Wednesday, 22 November 2017

Today, as a society we are noticing a historical shift from cash-based transactions to digitisation of financial transactions, and from the use of traditional banking channels to e-channels.

Extending the net of AML/CFT: The need for public awareness

Tuesday, 21 November 2017

By Press Notice, the Central Bank of Sri Lanka (CBSL) through its Financial Intelligence Unit(FIU), has drawn the attention of the public to “Extraordinary Gazette Notification No. 2015/56 dated April 21, 2017 prescribing

Columnists More