Shipping / Aviation

Qatar Airways Cargo recognises EFL as growing global player

Views - 43 Monday, 3 December 2018 00:09

Celebrating the continuing success of one its most dynamic partnerships in Sri Lanka, Qatar Airways Cargo presented EFL with two awards of appreciation at a ceremony hosted at the EFL Campus in Colombo recently. A special team consisting of the seni

GAC Group wins Maritime Services Award

Views - 40 Monday, 3 December 2018 00:08

GAC Group, a global provider of integrated shipping, logistics and marine services, was recently recognised with the Maritime Services Award at the Lloyd’s List South Asia, Middle East and Africa (SAMEA) Awards 2018. The award honours GAC’s ongoi

Maersk enhances customer experience with introduction of instant booking confirmation

Views - 41 Monday, 3 December 2018 00:07

Maersk is enhancing customer experience with introduction of instant booking confirmation. This is a first of its kind initiative for the shipping industry aimed at facilitating ease of doing business via paperless trade. With the release of instant

Port expansion critical: CASA

Views - 899 Monday, 26 November 2018 01:28

The need for deep water terminals was discussed in many platforms this year due to the urgency of increasing port capacity in Colombo to cater to the surge of volume. In 2017, the Colombo Port reached a historic juncture with over 6.2 million contain

Emirates Airlines 1H revenue up 10%; profit down 86%

Views - 29 Monday, 26 November 2018 01:26

The Emirates Group recently announced its half-year results for 2018-19. The Group saw steady revenue growth compared to the same period last year, however profits were impacted by the significant rise in oil prices, and unfavourable currency movemen

Air freight struggles with 2% growth in September

Views - 34 Monday, 26 November 2018 01:26

IATA’s global air freight market data for September 2018 shows that demand, measured in freight tonne kilometres (FTKs), rose 2.0% when compared to the same month in 2017. This pace of growth was relatively unchanged from August 2018, but was less

Maersk warns trade war hit container shipping

Views - 59 Monday, 26 November 2018 01:24

COPENHAGEN (Reuters): Danish shipping group A.P. Moller-Maersk beat third-quarter operating profit forecasts last week, but said a trade war between the United States and China had hit demand for container shipping.

Japan takes South Korea to WTO over financial support for shipbuilders

Views - 26 Monday, 26 November 2018 00:00

Geneva(Reuters): Japan has launched a complaint at the World Trade Organisation to contest what it says is illegal financial support given by South Korea to commercial shipbuilders, according to a WTO filing published recently. “The measures in qu

SLFFA holds biennial dinner dance for a good cause

Views - 86 Monday, 26 November 2018 00:00

Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA), the apex body of freight forwarders in Sri Lanka, held its biennial dinner dance at the Hilton Colombo, on 9 November. SLFFA has always donated the proceeds of this event to support an

CINEC Aviation embarks again

Views - 140 Monday, 26 November 2018 00:00

By consistently staying ahead of development taking place in International Civil Aviation, CINEC Campus has attained the position of being a catalyst for the industry in being able to develop new programs that are not readily available elsewhere in t

The post-war years and the start of the airlines

Views - 150 Monday, 26 November 2018 00:00

On 11 November 1918, at exactly 1100 hours European time, the Armistice that ended the “war to end all wars” came into effect. The guns fell silent after four years leaving Europe devastated. Four great empires had fallen; almost 20 million had d

Jet Airways to cut flights on some routes after further losses

Views - 47 Tuesday, 13 November 2018 00:33

BENGALURU, REUTERS: Debt-laden Indian carrier Jet Airways Ltd. will cut flights on less profitable routes and add capacity to more lucrative markets, as part of its effort to lower costs and boost revenues as it struggles to stay aloft. Jet, India

Indian project giant NTC Logistics starts operations in Sri Lanka

Views - 166 Tuesday, 13 November 2018 00:32

One of the largest project logistics companies in India, NTC Logistics started their operations in Sri Lanka last week with a joint venture partner Eagle Logistics. NTC Logistics India Ltd., formerly Namakkal Transport Carriers Ltd., is a logistics

Hambantota Port deal and East Container Terminal

Views - 271 Monday, 12 November 2018 00:20

By A Port Retiree In planning of modern ports, ‘Hybrid’ port management systems created by past events in less developed nations, are directed towards one basic system in port management for achieving economic benefits to maritime nations, to mat

Finance conference speakers take more optimistic view of shipping market trends

Views - 37 Monday, 12 November 2018 00:18

The fourth Maritime Standard Ship Finance and Trade Conference, held at Abu Dhabi’s Sheraton Hotel and Resort, was in many ways very different from the preceding three events in this increasingly popular series. While in other years the sense of ch

JCT transhipment volumes increase by 23.3%

Views - 93 Monday, 12 November 2018 00:16

he State-owned Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) witnessed the highest growth of 23.3% in transhipment container throughput for the first nine months (from January to September) in 2018, as against the corresponding pe

Port of Rotterdam Authority partners Samsung and others for container logistics blockchain pilot

Views - 30 Monday, 12 November 2018 00:15

There is still a lot of space in the logistics sector to use digitisation to achieve more transparency and, particularly, more efficiency. In this context, ABN AMRO, the Port of Rotterdam Authority and Samsung SDS, the logistics and IT arm of Samsung

Myanmar agrees smaller deal for China-backed port after ‘debt-trap’ concern

Views - 17 Monday, 12 November 2018 00:13

Yangon (Reuters): Myanmar on Thursday signed an agreement with China’s state-run CITIC Group to begin work on a deep-sea port in the west of the country, after negotiations that saw the initial phase of the project scaled back over fears of a “de

CILT Sri Lanka holds International Conference 2018

Views - 160 Monday, 12 November 2018 00:00

The Chartered Institute of Logistics and Transport (CILT) Sri Lanka hosted its Annual International Conference (IC) 2018 titled ‘Staying Relevant in a Digitally Connected Future’ in Colombo recently focusing on the impact of disruptive technologi

New investment to boost cargo handling at Hambantota International Port

Views - 63 Wednesday, 7 November 2018 02:01

The Hambantota International Port Group (HIPG) made yet another investment to further develop the operations of the Hambantota International Port. The latest investment of over $ 600,000, was made for the purchase of 40-foot Ro-Ro trailers with goose

Ceyline Group Chairman Chief Guest at World Maritime Day celebration in Fiji

Views - 66 Wednesday, 7 November 2018 02:00

Ceyline Group Executive Chairman and CINEC Campus President Captain Ajith Peiris attended the World Maritime Day celebration in Fiji as the event’s Chief Guest, demonstrating the strong ties and mutual respect that exist between the maritime indust

Pathfinder Foundation participates in Goa Maritime Symposium

Views - 79 Wednesday, 7 November 2018 02:00

The Indo-Lanka Initiatives (CILI) of the Pathfinder Foundation (PF) participated in the Goa Maritime Symposium organised by the Naval War College of the Indian Navy. Centre for CILI Director Admiral Prof. Jayanath Colombage represented the PF at the

Major port operators complete eco-friendly initiative

Views - 31 Wednesday, 7 November 2018 01:59

Five of the world’s leading port and terminal operators, including DP World and the Port of Rotterdam, have undertaken a week-long recycling initiative to promote sustainable resource usage. During the fifth annual Go Green Initiative, 8,332 employ

The Great War and the birth of the airline business

Views - 220 Monday, 5 November 2018 00:02

The Great War, which engulfed Europe in August 1914, was supposed to be a short conflict “over by Christmas” in the opinion of the complacent Generals who planned it. In fact, the first sustained conflict between industrial powers turned into a q

Expo Global Distribution Centre announces re-branding to ‘EFL Global Freeport’

Views - 43 Monday, 5 November 2018 00:00

Driving further consolidation of its end-to-end supply chain solutions, EFL (Expolanka Freight) announced a rebranding of its Freeport operations under the new moniker: ‘EFL Global Freeport Ltd’. Representing the first private sector enterprise

Winning the Wheel of Misfortune

Views - 189 Monday, 5 November 2018 00:00

CASA the voice of the shipping industry organised a seminar on ‘Professional Indemnity Cover for Shipping Agents and Service Providers to the Transport Industry’ on 1 November at the auditorium of the Ceylon Chamber of Commerce. The program outli

Maersk launches instant booking service

Views - 32 Monday, 5 November 2018 00:00

A.P. Moller–Maersk has become the first container shipping company to introduce its own instant booking confirmation service for customers. According to a statement by the Danish company, the service will make booking a container with Maersk as eas

DP World JV wins deal to build Free Trade Warehousing Zone at JNPT Mumbai for $78m

Views - 32 Monday, 5 November 2018 00:00

Hindustan Infralog Ltd., (HIPL), a joint venture between DP World (65%) and the National Investment and Infrastructure Fund (NIIF) (35%), has won the bid to develop and operate the Free Trade Warehousing Zone (FTWZ) at India’s largest container gat

China Eastern’s first Airbus A350-900 takes maiden flight

Views - 35 Monday, 5 November 2018 00:00

China Eastern Airlines’ first Airbus A350-900 has performed its maiden flight in Toulouse, France. The aircraft now enters the final phase of production, ground checks and test flights before being prepared for delivery in the coming weeks. China E

East Terminal Saga

Views - 292 Monday, 5 November 2018 00:00

By A South Asian freight analyst While the political chaos is grappling and crippling the country, the port of Colombo is once again in the picture where Sri Lanka could suffer transshipment growth due to political tug of war on expanding capacity t

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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