World Shipping Council

Businesscafe - At MEPC 80, IMO member nations met the shipping industry’s call for action on climate, setting a target of net-zero GHG emissions by 2050 and interim targets for 2030 and 2040.


Most importantly, the updated GHG strategy now sets a clear timeline for the development of the lifecycle-based global fuel standard and economic instrument, to be agreed by 2025 and ready for implementation in 2027.

“This marks a new beginning for shipping’s energy transition, with clear goals and milestones.


There is much to do, and carriers are eager to continue the work together with regulators, fuel providers and technology providers to reach our shared climate targets,” says John Butler, President & CEO of the WSC.

“Liner shipping is already investing in renewable fuel-ready ships, and today’s decision broadcasts a strong global signal for investment to the entire maritime sector.


We are counting on the IMO member nations to press on with the important work of developing and adopting a robust regulatory framework that will make these fuels available and competitive.


The next two years will be critical – for 2050 targets to be achievable IMO member nations must develop and agree on a lifecycle-based global fuel standard and economic measure by 2025, so they can be implemented by 2027,” John Butler continues.

The Liner fleets readiness to achieve GHG reductions creates a demand signal for renewable energy production and supply, but for renewable fuel suppliers to bring production to scale globally this must be matched by regulatory clarity.

Charting the path to decarbonisation

As outlined by WSC in the Six Critical Pathways, reaching net-zero by 2050 will require a range of global regulatory initiatives, each addressing different aspects of the transition.

Learn more here: https://www.worldshipping.org/pathways-to-zero-carbon-shipping

 Hayleys Aventura Revolutionising Weighing Material Handling and Storage Solutions in Sri Lanka

Businesscafe - Hayleys Aventura, a leading industrial solutions provider, hosted their Brand Conclave on the 27th of June bringing together some of the world’s most reputed industrial brands and their top management, to interact and share insights on their world-class product innovations, all under one roof.


Hyster (USA), Prestar (Malaysia), Suzhou Asia Fuji (China), Goodpack (Singapore), A&D (Japan), A-Safe (UK) and most recently Avery Weigh-Tronix (UK), globally renowned industry leaders, have partnered Hayleys Aventura to offer customised solutions tailored to meet material handling requirements across industries.


The Brand Conclave offered a seamless blend of technical sessions and interactive opportunities through products on display, offering an exceptional opportunity for participants to obtain a deeper understanding of the available solutions.


Senior leaders of Hayleys Aventura’s global partner brands were present and shared how Sri Lankan businesses could collaborate and gain access to the most advanced weighing, material handling and storage solutions available worldwide.


“Our mission is to provide affordable access to best-in-class weighing, material handling and storage solutions for Sri Lankan industries,” stated Wasaba Jayasekera, Managing Director of Hayleys Aventura (Pvt) Ltd.


“We aim to unlock efficiencies within their supply chains and optimise their ability to get their products to market by offering solutions on par with the highest global standards.”


With an established presence and proven excellence in the industry, Hayleys Aventura offers a wide range of products, including material handling equipment, racking systems, elevators, car parking systems, industrial and commercial weighing scales, intermediate bulk containers, safety barriers, and much more.


By maintaining strategic partnerships with renowned brands, the team ensures that each product offered reflects superior quality, durability, and cutting-edge technology.


Comprehensive service and support are offered throughout the entire customer journey.


Hayleys Aventura offers a fully equipped workshop capable of handling specialised repairs and major overhauls of any reputed forklift brand, ensuring longevity and reliability of products are guaranteed.

“We thank each of our valued representatives of our global partner brands, for visiting Sri Lanka and engaging with local businesses to support their growth.” Jayasekera said.


“Empowering these industries aligns seamlessly with our core purpose; to ‘engineer scientific solutions with sustainable innovation’.”


A 24-hour hotline and nine regional service centres across the island ensure timely assistance and support whenever needed.


All of these services are delivered by experienced and highly skilled Aventura staff, who undergo rigorous training by the brand principals to ensure their technical proficiency.


Representing the Industrial Inputs and Power and Energy sectors of Sri Lanka’s most diversified conglomerate, the Hayleys Group, Hayleys Aventura consists of four diversified strategic business units: Industrial Machinery, Medical and Analytical Solutions, Industrial Raw Materials and Power and Renewable Energy.


Photo Caption Mohan Pandithage, Chairman and Chief Executive of Hayleys Group and Wasaba Jayasekera, Managing Director of Hayleys Aventura with the brand Principals at the Hayleys Aventura Brand Conclave 2023.

Etihad Cargo Boosts its Pharmalife Product Efficiency

Businesscafe - Etihad Cargo, the cargo and logistics arm of Etihad Airways, has launched Pharma Champions, a development programme to enhance pharmaceutical transportation expertise and customer service.

Etihad Airways to Expand Mutual Agreement with SF Airlines

Businesscafe - Etihad Cargo, the cargo and logistics arm of Etihad Airways, has welcomed senior leaders from China's SF Airlines to Abu Dhabi to review the reciprocal block space agreement between the two airlines announced earlier this year and explore opportunities to expand it further based on Abu Dhabi's strategic location.

SCS Express extends its sustainable footprint with a coastal clean up spanning a radius of 1km in Colombo

Businesscafe - SCS Express Pvt Ltd., a reputable international courier company, organised a coastal clean-up initiative spanning a radius of 1km from Dehiwela to Mount Lavinia.

World Shipping Council Releases Containers Lost at Sea Report 2023 Update

Businesscafe - The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry.

Etihad Cargo AI Solutions

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Advantis DNA

Businesscafe - Advantis, the transportation and logistics arm of Hayleys PLC, has embarked on a pioneering journey of cultural transformation by introducing the 'Advantis DNA'.

CICT attracts new service to Colombo adds connectivity on USA route

Businesscafe - Colombo International Container Terminals (CICT) has announced the maiden call of a new service to the Port of Colombo that will connect Sri Lanka with the East Coast of the United States via Asia, strengthening another important trade route for exporters and importers and making Sri Lanka more accessible to global markets.

Finnair addresses the excess carry on baggage issue with the new Superlight ticket type and changes to baggage allowances

Businesscafe - Finnair is introducing a new Superlight ticket for journeys within Europe and making changes to its baggage allowances as of 1 June.

Etihad Cargo Awaeded Advanced Rating by TIACA for Decarbonisation Initiatives

Businesscafe - Etihad Cargo, the cargo and logistics arm of Etihad Airways, has achieved a major milestone in its sustainability journey, achieving advanced ratings for key criteria in the BlueSky Sustainability Verification Programme assessment.