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Frontier’s free bags jab Southwest.

March 24, 2025 at 3:25 pm | Uncategorized | No comment

Frontier Airlines has cleverly positioned itself against Southwest Airlines by countering the latter’s new fees for seat assignments and checked luggage with an enticing freebie promotion. While Southwest recently abandoned its iconic no-fee baggage policy, Frontier seized the opportunity to appeal to cost-conscious travelers. The budget carrier announced that customers booking directly through its website […]

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Gemini moves Far East service.

March 24, 2025 at 3:18 pm | Uncategorized | No comment

Wilhelmshaven has emerged as a key hub in the new Gemini network established by Hapag-Lloyd and Maersk, overshadowing Hamburg, which has been relegated to a secondary “spoke” role. This shift is driving the relocation of a Far East service, including the flagship “Hamburg Express” (23,660 TEU), away from Hamburg. Last fall, the megamax vessel was […]

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Leonhardt & Blumberg expands fleet variety.

March 24, 2025 at 3:12 pm | Uncategorized | No comment

The Hamburg-based shipping company Leonhardt & Blumberg (L&B) has recently expanded its fleet by putting its first mini-bulker into service, marking a significant milestone in its diversification efforts. Known primarily for its container feeder vessels and medium-range product tankers, L&B has now ventured into the shortsea dry cargo segment with this delivery. The “Hansa Christiansoe,” […]

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Sri Lanka manufacturing, services grow in February.

March 18, 2025 at 2:05 am | Uncategorized | No comment

Sri Lanka’s business activities in manufacturing and services showed continued growth in February 2025, fueled by preparations for the upcoming festive season. The Manufacturing Purchasing Managers’ Index (PMI) recorded 56.8, slightly down from January’s 59.0, indicating sustained expansion. Key sectors, especially food and beverage manufacturing, saw growth in new orders (60.5) and production (53.0), while […]

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Shipping alliance shifts contribute to congestion.

February 28, 2025 at 2:52 pm | Uncategorized | No comment

In early January 2025, the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) reached a labor agreement ahead of the expiration of their previous contract, avoiding a potential strike. While the agreement has helped avert major disruptions, the ongoing impact on supply chains, particularly in terms of volumes and routing, is still in […]

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Maersk highlights growth, tariff adjustments, innovations.

February 28, 2025 at 8:15 am | Uncategorized | No comment

Global trade dynamics are evolving, but there are significant opportunities for resilience and growth. This month, we focus on the launch of the Gemini Cooperation, which is set to create new avenues for businesses looking to expand their global reach. Alongside this, we explore how businesses can adapt to recent tariff adjustments, offering insights on […]

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Sri Lanka to call for EoI for Colombo port expansion.

February 27, 2025 at 10:30 am | Uncategorized | No comment

The Sri Lankan government is set to invite Expressions of Interest (EOI) next month from the world’s top ten shipping companies for the Colombo Port expansion, which includes the Colombo North Port project and Phase II of the West Container Terminal (WCT). Deputy Minister of Ports and Aviation, Janitha Kodithuwakku, highlighted that Colombo Port currently […]

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Sri Lanka’s industrial sector rebounds amid improvements.

February 27, 2025 at 10:09 am | Uncategorized | No comment

Sri Lanka’s industrial sector is showing signs of recovery, after being significantly impacted by the 2022 economic crisis. The Index of Industrial Production (IIP) for January 2025 recorded 95.2 points, reflecting a 6.1% year-on-year growth. This marks a notable resurgence in industrial activities, which had previously been hampered by a foreign currency shortage, stringent import […]

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International Freight Forwarding Faces Uncertainty in 2025

February 27, 2025 at 7:07 am | Uncategorized | No comment

International freight forwarding in 2025 faces potential turbulence due to the new U.S. administration and shifting global trade dynamics. The uncertainty surrounding import trade tariffs and geopolitical changes could lead to unpredictable supply chain challenges across industries. Forecasted demand is expected to fluctuate, making it harder for companies to project performance in various sectors. At […]

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Port of Colombo experiences decline in January 2025.

February 25, 2025 at 2:21 pm | Uncategorized | No comment

The Port of Colombo started 2025 with a challenging performance as transshipment volumes declined due to persistent congestion, contrasting with the growth experienced in the previous year. In January 2025, transshipment volumes dropped by 6.5% YoY to 525,768 TEUs, a significant dip from the strong performance in early and late 2024. The decline was attributed […]

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