Shipping / Aviation

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 - 385 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

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.

ICAO releases preliminary audit results on Safety Oversight Capabilities on Sri Lanka 2018

Views - 27 Friday, 6 July 2018 00:00

According to the preliminary results released by International Civil Aviation Organization (ICAO) on 15 June, Sri Lanka has

Hong Kong’s first Airbus A350-1000 comes home

Views - 13 Friday, 6 July 2018 00:00

Cathay Pacific welcomed the newest member to its fleet as the first of its 20 Airbus A350-1000 aircraft prepares to fly from Toulouse

CILT Sri Lanka holds 1st Logistics Leaders’ Evening for the year for aviation industry

Views - 88 Friday, 6 July 2018 00:00

The Chartered Institute of Logistics & Transport (CILT) Sri Lanka held its first Logistics Leaders’ Evening for the year on 19 June

IWS Aviation launches Sri Lanka’s first state of the art aviation aerodrome

Views - 188 Tuesday, 3 July 2018 00:25

IWS Aviation launches Sri Lanka’s first privately owned fully fledged aerodrome in Welisara, Sri Lanka. Facilities at the helicopter include landing and parking spaces, line and base maintenance for Airbus and Bell Helicopters, AOG (Aircraft on Gro

Hapag-Lloyd slashes profit forecast as freight rates struggle to recover

Views - 23 Monday, 2 July 2018 00:00

FRANKFURT (Reuters): German container shipping line Hapag-Lloyd slashed its full-year profit forecast, saying that freight rates had recovered more slowly than expected while fuel and charter costs had ballooned.

Cabotage relaxation a huge opportunity to woo Indian vessels to change flag to Sri Lanka

Views - 63 Monday, 2 July 2018 00:00

In a rather surprising move, the Shipping Ministry in India sent out an unannounced notification that commencing late May the cabotage rule in India will be relaxed for a variety of cargo segments, opening up India’s coastal trade to foreign ships.

Shipping group CMA CGM’s founder Saade dies at 81

Views - 32 Monday, 2 July 2018 00:00

PARIS (Reuters): Jacques Saade, who founded France’s CMA CGM 40 years ago as a one-vessel firm and built it into a global container shipping giant, has died aged 81, the company said last week.

DP World plans to set up new logistics hub in Ethiopia

Views - 26 Monday, 2 July 2018 00:00

DP World is planning to set up a logistics facility in Ethiopia to facilitate transport of goods to landlocked countries in Africa, said its top official.

CICT supports National Chamber of Exporters as Strategic Partner

Views - 39 Monday, 2 July 2018 00:00

Colombo International Container Terminals (CICT), South Asia’s only terminal that provides a state of the art facility, equipped to handle the largest vessels afloat, has joined hands with the NCE, as the strategic partner of the Chamber.

WiLAT Sri Lanka attends international convention in Poland

Views - 140 Monday, 2 July 2018 00:00

A three member Women in Logistics and Transport (WiLAT) Sri Lanka delegation attended the WiLAT International Convention, which was held on 3 June as part of the CILT International Convention at the DoubleTree Hilton hotel in Wroclaw, Poland.

CILT Sri Lankan delegation attends CILT Annual International Convention in Poland

Views - 137 Monday, 25 June 2018 00:00

The Annual International Convention of the Chartered Institute of Logistics and Transport (CILT), which is a much-awaited global gathering of logistics and transport professionals, was held from 3-6 June at the DoubleTree Hilton Hotel in Wroclaw, Pol

Ocean pollution: Is it on your boardroom agenda?

Views - 81 Monday, 25 June 2018 00:00

We all know that human activities are threatening the health of the world’s oceans. More than 80% of marine pollution comes from land-based activities. From coral bleaching to sea level rise, entire marine ecosystems are rapidly changing.

ONE launches third service at SAGT

Views - 114 Monday, 25 June 2018 00:00

Ocean Network Express (ONE), the mega carrier born out of the merger between three Japanese giants of the shipping industry NYK, MOL and K Line launched its third service at South Asia Gateway Terminals (SAGT), Port of Colombo with a maiden call on 7

Hemas Maritime awarded ISO 9001:2015 certification

Views - 50 Monday, 25 June 2018 00:00

Hemas Maritime Ltd. was awarded ISO 9001:2015 Quality Management System Certification by DNV – GL – Country Manager Rakitha De Silva recently.

Ocean Network Express commences calling JCT of SLPA

Views - 68 Tuesday, 19 June 2018 00:00

Ocean Network Express (ONE) commenced calling the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) with the handling of the inaugural vessel MV “Honolulu Bridge” v.100E recently this month. ONE is the ocean carrier formed with th

NIOE and ITC to conduct workshops on dumping, countervailing duties and safeguard measures

Views - 39 Tuesday, 19 June 2018 00:00

National Institute of Exports (NIOE) is the training arm of the National Chamber of Exporters and will spearhead training workshops to clarify issues. The NCE welcomes the enactment of the Anti-Dumping and Countervailing Duties Act and the Safeguard

Emirates’ launches complimentary ice cream service

Views - 41 Monday, 18 June 2018 00:00

This summer travel season, Emirates is serving complimentary ice cream to all its customers at Dubai International Airport. Ice cream cups will be given out at the Terminal 3 departure and transit areas from 15 June to 31 August for customers travell

Cathay Pacific to fly new aircraft home using alternative jet fuel

Views - 38 Monday, 18 June 2018 00:00

Cathay Pacific is underscoring its strong commitment to eco-efficiency by planning to use a blend of alternative jet fuel to fly its new fleet of Airbus A350-1000 aircraft home to Hong Kong.

Today's Columnists

Accessibility at buildings and places – Indispensable need to enjoy civil rights

Wednesday, 26 September 2018

Have you not yet realised that the chances are now very high that at any stage or any moment in life, for a short time or for a long time, for different reasons, you or your loved ones could experience physical and/or sensory impediments, and fall in

Over-tourism: The new buzz word in tourism

Wednesday, 26 September 2018

Periodically the tourism industry is in the habit of coming up with some interesting name to describe a new emerging trend or situation in the industry. Sometimes the phenomena is not new, but has become relevant and topical enough to ‘package’ a

Depreciation of the rupee and Sri Lanka’s dilemma

Wednesday, 26 September 2018

The rupee depreciated by Rs. 29 from 2005 to 2014 and the average year-on-year depreciation of the Sri Lankan rupee was 2.8% per year. Official foreign reserves increased from $ 2.7 billion to $ 8.2 billion over the same period. In stark contrast, th

Laurels of ‘Living Together’: Refreshing reflections

Tuesday, 25 September 2018

It was a memorable evening with a mega gathering for a meaningfully different reason. It was not just another book launch with ego-boosting speeches about the author. It was also not an event where a popular politician coming late and preaching about

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