Shipping / Aviation

Emirates orders 36 A380s worth $ 16 billion

Views - 12 Monday, 22 January 2018 00:03

Emirates, the world’s largest international airline, announced a $ 16 billion (AED 58.7 billion) deal for 36 additional Airbus A380 aircraft, with 20 firm orders and 16 options.

Global air freight demand up 8.8% in November: IATA

Views - 7 Monday, 22 January 2018 00:02

The latest global air freight data from IATA shows that demand, measured in freight tonne kilometres (FTKs), climbed 8.8% in November 2017 compared to a year ago.

Air transport industry achieves safest year on record in 2017

Views - 10 Monday, 22 January 2018 00:01

The international air transport industry achieved its safest year on record in 2017, with a total of 10 major accidents involving western built aircraft resulting in 55 fatalities.

China Merchants Port marks 100 m TEU milestone in 2017

Views - 189 Monday, 22 January 2018 00:00

China Merchants Port Holdings Company Ltd. (CMPort) reached a milestone during 2017 as it handled over 100 million TEUs during the year. For the year ended 31 December 2017, the port’s total throughput was at 102.9 million TEUs, up 7.5% from the pr

MOL jointly with Furuno to develop Voyage Information Display System using AR technology

Views - 30 Monday, 15 January 2018 00:00

TOKYO-Mitsui O.S.K. Lines, Ltd. has announced an agreement with Furuno Electric Co. Ltd. and MOL Techno-Trade Ltd., to jointly develop a system that supports ship operation during voyages using augmented reality (AR) technology.

Maersk launches booking system with cancellation penalty

Views - 17 Monday, 15 January 2018 00:00

Maersk Line has launched a pilot of a new online platform that will initially offer selected freight services from North China to South America and Africa.

Possible disruption again on Europe-Asia in Q1

Views - 13 Monday, 15 January 2018 00:00

The perfect storm that hit the Europe-Asia backhaul container trade in the first quarter of 2017 is unlikely to be repeated this year, although shippers should still prepare for challenges as lines make further changes to networks, according to liner

OOCL advances forward with next phase of OCEAN Alliance products to better serve customers

Views - 26 Monday, 15 January 2018 00:00

Following the success of the Day One products introduced earlier this year, OOCL has announced the forthcoming launch of the second phase of the OCEAN Alliance products in April 2018, an improved suite of products providing industry-leading services

India to fund Rs. 7 b for KKS Harbour upgrade

Views - 52 Monday, 15 January 2018 00:00

An agreement for Indian financial assistance of $ 45.27 million (Rs. 6.9 billion) for upgrading Kankesanthurai (KKS) Harbour was signed on 10 January in New Delhi by Export-Import Bank of India Managing Director David Rasquinha and Treasury Secretary

CASA optimistic about use of LNG in shipping industry

Views - 76 Monday, 15 January 2018 00:00

Ocean shipping is essential for global trade.

India allows foreign investors to own up to 49% of Air India

Views - 16 Monday, 15 January 2018 00:00

NEW DELHI (Reuters): India cleared a proposal last week to allow foreign investors to own up to a 49% stake in state-run carrier Air India, paving the way for global airlines to bid for the loss-making flagship carrier.

China to ease investment access to aviation industry

Views - 6 Monday, 15 January 2018 00:00

SHANGHAI (Reuters): China will make it easier for state and private enterprises to invest in its fast growing civil aviation industry from Jan. 19, but retain the state’s grip over key airlines and airports in sensitive regions.

Boeing unveils new unmanned cargo air vehicle

Views - 9 Monday, 15 January 2018 00:00

CHICAGO: Boeing has unveiled a new unmanned electric vertical-takeoff-and-landing (eVTOL) cargo air vehicle (CAV) prototype that will be used to test and evolve Boeing’s autonomy technology for future aerospace vehicles.

Airbus rolls out super transporter aircraft

Views - 13 Monday, 15 January 2018 00:00

TOULOUSE, France: Airbus has rolled out the first structurally complete airframe for the new BelugaXL, the first of a fleet of the next-generation airlifters from its assembly hangar in Toulouse, France.

Turkish Airlines inks deal for new A350 aircraft

Views - 8 Monday, 15 January 2018 00:00

PARIS: Turkish Airlines and Airbus have signed an MoU to acquire 20 A350-900 aircraft, with the option of purchasing an additional five.

Emirates SkyCargo posts strong growth in 2017

Views - 13 Monday, 15 January 2018 00:00

Emirates SkyCargo, the freight division of Emirates, has completed a year of strong growth in 2017, with overall cargo handling volumes increasing and introduction of new services for customers during the year.

Yang Ming to provide new Asia Subcontinent Express Service

Views - 26 Monday, 8 January 2018 00:00

Yang Ming Marine Transport Corporation has announced a new Asia Subcontinent Express service (Loop Code: AS1) with effect from ETB Qingdao on 16 January 2018.

Wan Hai Lines unveils China-India Service III (CI3) service

Views - 32 Monday, 8 January 2018 00:00

Wan Hai Lines has announced the launch of China – India Service III “CI3 service” on 23 January 2018.

RCL’s Colombo to Tuticorin service debuts today

Views - 50 Monday, 8 January 2018 00:00

RCL has announced the launch of inaugural Colombo to Tuticorin service, providing twice sailings per week, with Service Code RTC.

Iranian oil tanker burns, 32 missing after collision off China’s coast

Views - 14 Monday, 8 January 2018 00:00

BEIJING (Reuters) - A tanker carrying Iranian oil and run by the country’s top oil shipping operator was ablaze and spewing cargo into the East China Sea on Sunday after colliding with a Chinese bulk ship, leaving its 32 crew members missing, the C

EFL leads the way in sustainable logistics to obtain ISO 14064 certification

Views - 50 Monday, 8 January 2018 00:00

Leading global logistics provider, Expolanka Freight (EFL) once again set a new industry benchmark with the obtaining of the ISO 14064 certification for the second consecutive year in recognition of its outstanding efforts in recording, monitoring an

CASA conducts seminar on E-vessel clearance

Views - 81 Monday, 8 January 2018 00:00

Ceylon Association of Shipping Agents (CASA), the voice of the shipping industry, conducted a seminar on E-vessel clearance in collaboration with Sri Lanka Customs (SLC) on 29 December 2017 at the Ceylon Chamber of Commerce Auditorium.

Japanese Foreign Minister visits Colombo Port

Views - 60 Monday, 8 January 2018 00:00

Minister of Foreign Affairs of Japan Taro Kono on Friday paid a special visit to the Sri Lanka Ports Authority (SLPA) during his official visit to Sri Lanka.

Why SriLankan cancelled the A350s, SriLankan has its say

Views - 807 Monday, 8 January 2018 00:00

Following is the response from the management of SriLankan Airlines to the opinion article titled “Cancellation of the four Airbus A350-900 leases and the downfall of SriLankan Airlines” written by Sanjana Fernando.

Cancellation of the four Airbus A350-900 leases and the downfall of SriLankan Airlines

Views - 3619 Monday, 8 January 2018 00:00

The cancellation of the four Airbus A350-900 leases, executed under the current management led by the pilot CEO, was one of the most controversial decisions ever taken in the history of the airline.

Boeing in talks with Embraer; Brazil backs jetliner alliance

Views - 31 Tuesday, 2 January 2018 00:00

SAO PAULO/RIO DE JANEIRO (Reuters): Planemakers Boeing Co and Embraer SA are discussing a “potential combination,” they said, in a move that could consolidate a global passenger jet duopoly provided Brazil’s government gives its blessing. The B

Airbus sprints from behind in bid to upset Boeing order lead

Views - 17 Tuesday, 2 January 2018 00:00

PARIS (Reuters): Airbus is pulling out the stops to try and take the lead in its annual order contest with Boeing, lining up a spree of billion dollar deals to close a traumatic year dominated by management upheaval and corruption investigations. Dea

Emirates ends 2017 on a high note reaching fleet and product milestones

Views - 19 Tuesday, 2 January 2018 00:00

Emirates, the world’s largest international airline, is concluding another banner year of growth and innovation, marking significant milestones across its fleet, network, and product innovation initiatives, cementing its position as a market leader

CASA’s predicament

Views - 361 Wednesday, 27 December 2017 00:00

As the new year dawns, Sri Lanka will enter a new era of the promised development agenda which was delivered through the 2018

UCL Logistics enters new era with focus on brokerage solutions

Views - 194 Wednesday, 27 December 2017 00:00

UCL Logistics (a member of Expolanka Holdings) recently announced the establishment of its restructured inbound ocean brokerage division to offer contemporary brokerage solutions under the existing Expolanka banner.

Today's Columnists

The country needs more Ironmen (and women)

Monday, 26 February 2018

Commendation to Yasas, Julian and the team for a world class event that will have far-reaching positives for Brand Sri Lanka.

Failure at Local Elections: Inability of the Govt. to care for needs of the people

Monday, 26 February 2018

The purpose of this article is to discuss the causes of the massive failure of the Government at the local government elections held on 10 February 2018 and their impact on the economy.

Lessons from LG ElectionsPart 1 Number-twisting game may be self-pleasing but not in accord with eco

Monday, 26 February 2018

The local government elections that concluded on 10 February 2018 have shaken the ruling United National Party(UNP)to its foundation.

Tamil actor Kamal Haasan stars in new role as political leader

Saturday, 24 February 2018

Srinivasan Kamal Haasan is one of India’s foremost film actors. Known popularly as Kamal, the talented and versatile thespian has not only excelled as an actor onscreen, but has successfully engaged in other cinematic spheres too. The multi-faceted

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