Shipping / Aviation

SAGALA SAYS WILL EXAMINE PAST DELAYS IN DECISION-MAKING; PRESSURE IS NOW ON TO SPEED UP

Views - 35 Monday, 11 March 2019 00:00

Ports, Shipping and Southern Development Minister Sagala Ratnayaka said the Ministry would examine delays in decision-making in the ports sector in the past few years, as the first step in correcting its course.  “Colombo Port has reached its full


Final workshop on National Port Master Plan

Views - 89 Monday, 11 March 2019 00:00

The final workshop on National Port Master Plan (NPMP) organised together with the Ministry of Ports, Shipping and Southern Development and the Sri Lanka Ports Authority (SLPA) was held last week at Hotel Kingsbury, Colombo with a large gathering of


LAUGFS presents strategic advantages of LPG Transshipment Terminal in Hambantota

Views - 98 Monday, 11 March 2019 00:00

Having established South Asia’s largest and most modern LPG Transshipment Terminal at the Hambantota International Port, LAUGFS Chairman W.K.H. Wegapitiya presented its strategic advantages as an important LPG infrastructure in the Indian Ocean to


MAC Holdings acquires 50% equity of Finlays Linehaul Express

Views - 84 Monday, 11 March 2019 00:00

In a transaction concluded on 25 February, MAC Holdings Ltd., a diversified group of companies which pioneers and is recognised as a market leader in global logistics, announced it acquired a 50% equity stake in Finlays Linehaul Express Ltd. from Fin


Maersk, Hapag-Lloyd CEOs say customers have accepted added fuel charge

Views - 38 Monday, 11 March 2019 00:00

ShippingWatch: Billions of dollars in additional costs related to the more expensive low-sulphur fuel, which is waiting less than 10 months down the road, will end up on the shippers’ desk. At least in terms of Maersk and Hapag-Lloyd’s customers,


Understanding progress of national road network and infrastructure for investments and logistics

Views - 52 Monday, 11 March 2019 00:00

Sri Lanka’s geographical position with three major ports along the east west shipping corridor is making it a more viable and cost-effective logistics hub in the Indian Ocean. Being a small island, having international ports in the east, south and


Logistics Strategy of the National Export Strategy

Views - 35 Monday, 11 March 2019 00:00

A meeting was convened recently by Minister of Development Strategies and International Trade (MoDSIT) Malik Samarawickarama, to discuss the progress of the Logistics Strategy of the National Export Strategy (NES). MoDSIT Secretary S.T. Kodikara, Mi


Singapore Airlines opens Digital Innovation Lab

Views - 57 Monday, 4 March 2019 00:00

Singapore Airlines has formally opened its digital innovation lab, known as KrisLab recently. KrisLab is designed to serve as a collaborative workspace for SIA Group staff to develop innovative ideas and co-innovate with external partners, start-ups,


Factbox: Five years on, fate of missing MH370 remains a mystery

Views - 20 Monday, 4 March 2019 00:00

KUALA LUMPUR (Reuters): The disappearance of Malaysia Airlines flight MH370 five years ago with 239 people on board remains one of the world’s greatest aviation mysteries. The Boeing 777 went missing on its way from Kuala Lumpur to Beijing on 8 Mar


Five years on, MH370 families band together to seek closure

Views - 29 Monday, 4 March 2019 00:00

KUALA LUMPUR (Reuters): Five years ago, their loved ones boarded a plane and vanished. The group of Malaysians meet about once a month – usually at a coffee shop or a home in Kuala Lumpur – to support each other and try to keep missing Malaysian


Korean Air adds 50th anniversary emblem to 10 aircraft

Views - 31 Monday, 4 March 2019 00:00

Korean Air is adding a special emblem and slogan to ten of its aircraft to celebrate its 50th anniversary this year. The special aircraft livery will depict the number 50 with a plane flying over it alongside the slogan “Beyond 50 Years of Excellen


Emirates uses advanced navigation technology to increase cargo capacity to Kabul

Views - 30 Monday, 4 March 2019 00:00

Emirates Flight Operations has developed a new navigation technique that allows the airline to carry additional cargo into Kabul International Airport. The innovative missed-approach procedure developed by the airline has replaced an older technique


Asia Pacific airlines carried 356.6 million international passengers in 2018

Views - 21 Monday, 4 March 2019 00:00

Preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) for the full calendar year 2018 show solid growth in international air passenger demand, with continued expansion in the global economy lending support to business and l


Eagle Logistics launches e-VISIBLE supply chain magazine

Views - 106 Monday, 4 March 2019 00:00

For the first time in Sri Lanka, supply chain logistics provider Eagle Logistics launched e-VISIBLE magazine to the supply chain industry last week at a forum it had organised, to its customers on ‘strategic outsourcing in supply chain’. e-VISIBL


FitsAir expands operations with launch of charter and scheduled flights

Views - 129 Monday, 4 March 2019 00:00

Revolutionary Sri Lankan aviation carrier, FitsAir has announced the introduction of scheduled flights from Colombo to Batticaloa, thereby further expanding its domestic operations within the island. A reputed pioneer in Sri Lankan aviation since its


Special Maersk delegation visits SLPA

Views - 77 Monday, 4 March 2019 00:00

A special foreign delegation headed by A.P. Moller – Maersk Chief Executive Officer Soren Skou recently visited Sri Lanka Ports Authority (SLPA). The delegation had special discussions with SLPA Managing Director Capt. Athula Hewavitharana. The del


Evergreen Line 20,000-TEU capacity new generation ultra-large container ships call at Colombo

Views - 128 Monday, 4 March 2019 00:00

Six of Evergreen Lines’ large vessels deployed in the Far East/European Trade have called at Colombo Port commencing from 18 December 2018. Mv. Ever Golden was the first vessel to call at Colombo International Container Terminal (CICT) with carryi


LPI holds ground-breaking ceremony of $ 14 m integrated logistics hub

Views - 387 Monday, 4 March 2019 00:00

LogiPark International Ltd. (LPI), a fully-owned subsidiary of John Keells Holdings PLC (JKH) and sister company of John Keells Logistics Ltd. (JKLL), a key third party Logistics Services Provider (LSP) in the Sri Lankan market, embarked on commissio


SLPA optimistic of 10% growth in 2019

Views - 82 Monday, 25 February 2019 00:00

By Charumini de Silva Ports, Shipping and Southern Development Ministry Secretary Dr. Parakrama Dissanayake last week expressed confidence that Sri Lanka Ports Authority (SLPA) would be able to post a double-digit growth in TEUs this year. “SLPA i


UAE eases Qatar shipping ban

Views - 42 Monday, 25 February 2019 00:00

DUBAI, REUTERS: The United Arab Emirates has eased a ban on the shipping of goods between it and Qatar enforced under a political and economic boycott of Doha, according to port circulars and an industry source. The UAE, Saudi Arabia, Egypt and Bah


Maersk shares reel as trade war fears buffet outlook

Views - 34 Monday, 25 February 2019 00:00

COPENHAGEN, AFP: Shares in the world’s leading container shipping group, AP Moeller-Maersk, plummeted last week after the Danish firm made a weaker than expected profit forecast citing uncertainty over the US-China trade war. The company’s stock


High Commissioner Girihagama appointed Representative to ICAO

Views - 31 Monday, 25 February 2019 00:00

Sri Lanka’s High Commissioner in Canada M. A. K. Girihagama presented his letter of appointment as the Representative of Sri Lanka to the International Civil Aviation Organisation (ICAO) in Montréal at a meeting with Secretary General Fang Liu on


Global Ports Forum awards SAGT’s Dhashma Karunaratne as ‘Most Inspiring Woman in Ports’

Views - 138 Monday, 25 February 2019 00:00

South Asia Gateway Terminals (SAGT) Commercial and Marketing Manager Dhashma Karunaratne was awarded the ‘Most Inspiring Woman in Ports 2019’. Dhashma received the Global Ports Forum of Singapore award at a glitzy ceremony held at Dubai’s Hyatt


SLPA wins second consecutive GPF Ports Authority of the Year 2019 award

Views - 68 Friday, 22 February 2019 00:00

Sri Lanka Ports Authority (SLPA) won the Ports Authority of the Year 2019 Award by the Global Ports Forum (GPF) for the second consecutive year at the GPF awards ceremony 2019 followed by the conference forum held at the Hyatt Regency Dubai Deira, 


Hat- trick for team SAGT at Global Ports Forum in Dubai

Views - 62 Friday, 22 February 2019 00:00

South Asia Gateway Terminals (SAGT) enhanced its Portfolio of Awards by winning the title of ‘Best Terminal in the Indian Sub-Continent Region’ presented by the Singapore based Global Ports Forum for the third consecutive year. SAGT also won a se


Sagala assures to fast track port development plans

Views - 235 Friday, 22 February 2019 00:00

Ports, Shipping and Southern Development Minister Sagala Ratnayaka yesterday assured that all maritime development plans will be accelerated, while outlining some of the key projects in progress. “I assure that no plans of the ports and shipping se


Ports Ministry returns Oluvil port to Fisheries Ministry

Views - 47 Friday, 22 February 2019 00:00

After much evaluation, the Ports and Shipping Ministry yesterday announced that they have decided to transfer the Oluvil port in the Eastern province back to the Fisheries Ministry to develop it as a fisheries harbour. “At a lengthy discussion we h


DHL Express Sri Lanka opens new Express Centre at Union Place

Views - 159 Friday, 22 February 2019 00:00

DHL Express, one of the world’s leading international express services provider, has officially opened its newest Express Centre at Union Place, Colombo. The new Centre caters to the high demand expected from this locality, and customers can access


SriLankan Engineering successfully completes first C-check on A320neo aircraft

Views - 71 Monday, 18 February 2019 01:17

SriLankan Engineering, the aircraft Maintenance-Repair-Overhaul (MRO) arm of Sri Lanka’s national carrier, achieved another milestone when it successfully carried out its first C-check on an Airbus A320neo aircraft of the SriLankan Airlines fleet a


Emirates signs deal for 40 A330-900s, 30 A350-900s

Views - 30 Monday, 18 February 2019 01:17

Emirates airline last week announced an order for 40 A330-900 aircraft, and 30 A350-900 aircraft, in a heads of agreement signed with Airbus. The deal is worth $ 21.4 billion at list prices. The latest generation Airbus A330neo and A350 aircraft, wil


Today's Columnists

Soaring heights of NPLs in banking

Thursday, 27 June 2019

Capital inadequacy, political interference, abuse of power, wasteful and unproductive expenditure, corrupt deals, circumventions of regulatory directions, unscrupulous lending operations, imposed IMF and WB conditions for reforms, and window-dressed


New Land Policy: Ideal alternate development strategy, but accompanying policies needed

Thursday, 27 June 2019

It is reported that the Government has prepared a law to grant freehold possession of farm land held under lease from the Government. This may be a revision of the Land Development Ordinance (LDO) of 1935. This article proposes to discuss the pros a


Need for an education revolution: Future of our kids and the nation is at risk – Part II

Thursday, 27 June 2019

Lessons to be learnt from the Asian educational giants A journalist of New York Times requested Hideki Shirakawa, a Nobel laureate, to describe Japanese culture. He said, “Fundamentally, Japanese culture is based on rice farming. Rice cultivation r


Country’s reconciliation with English and Moragahakanda

Thursday, 27 June 2019

When the country received independence from British, it was blessed with an efficient administration, a high standard in education, and also sound foreign exchange reserves; the country was admired by other countries. The three major and several mino


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