Supply chain problems have a knock-on financial effect known as trade credit contagion. This is where firms delay payments to suppliers because their customers delay payments […]
How AI and Blockchain Could Fix Broken Supply Chains
MSC takes world’s largest container line crown from Maersk
Mediterranean Shipping Co (MSC) has knocked Maersk from the top slot of the world’s largest container line, according to analyst Alphaliner. Latest figures from Alphaliner show […]
SLPA: Commencement of Duties for Year 2022
Sri Lanka Ports Authority (SLPA) commenced duties in the New Year on 03rd January 2022. A religious function was held to mark the occasion with the initiative of Hon. Minister […]
Four naval personnel recognized by IMO for their bravery at sea
Commander of the Navy, Vice Admiral Nishantha Ulugetenne presented certificates of commendation under the ‘IMO Award for Exceptional Bravery at Sea – 2021’ to 04 naval […]
2022 Shipping Expectations and Trends: An Overview
With sky high rates, space and equipment issues and other unexpected events, we are about to close out 2021 which will go down in the history […]
Ammonia-Ready Ships Are On The Way
As the industry works to curb its environmental impact and reduce emissions, many companies are investing in the use of alternative, ‘green’ fuels. Although boasting green […]
Global Shipping Container Shortage
The Covid-19 pandemic caused a dramatic stir in the shipping industry when it came to container availability, leaving many companies unable to ship products and others […]
Fighting Fuel Fraud With AI
Start-up company FuelTrust has been using blockchain and AI technology to assist the industry when it comes to tracing the source point of marine fuels. The […]
The Port of Colombo will handle over 24 million TEUs by 2040
Capt. Nihal KeppetipolaChairman of Sri Lanka Ports Authority speaks at the inaugural session of the Multimodal Transportation Summit 2021, organized by the Confederation of Indian Industry (CII) ‘’In […]
IMO sets International Day for Women in Maritime
The IMO Assembly has adopted a resolution proclaiming an International Day for Women in Maritime, to be observed on 18 May every year. The Assembly is meeting for its […]