CMA CGM receives regulatory approvals for its investment in CEVA

July 12, 2018

CMA CGM will hold 24.99% of CEVA’s share capital. CMA CGM has entered into a lock-up agreement for one year following the IPO and has agreed not to increase its shareholding in CEVA for six months post-IPO…See Details...

DRU Launches Landing Ship for Navy

June 29, 2018

PT Daya Radar Utama (DRU) again launches a new landing ship for Indonesian navy. This newly-built AT-4 type ship, KRI Teluk Lada, becomes Indonesia’s masterpiece and is expected to be the best product of PT DRU for the country. The launching of AT-4 ship, KRI Teluk Lada, would be witnessed by the Minister of Defense General (ret.) Ryamizard Ryacudu and Navy Chief-of-Staff Admiral Siwi Sukma Adji at PT DRU shipyard in Panjang, Bandar Lampung on Thursday (06/28/2018).…See Details...

IMLOW Appreciates Priok Port for Out of JWC War Risk List

June 28, 2018

Indonesia Maritime, Logistics and Transportation Watch (IMLOW) highly appreciates Joint War Committee (JWC) decision of taking out Tanjung Priok Port in Jakarta from war risk port list. In June 14, 2018, JWC has released the statement that Tanjung Priok Port was declared to be save port for world’s shipping activity.…See Details...

Death of Mr. Jacques R. Saadé, Founding President of the CMA CGM Group

June 26, 2018

Jacques R. Saadé dedicated his life to CMA CGM. An extraordinary visionary and entrepreneur, he made the Group into a world leader in the maritime transport of containers, developing the company in more than 160 countries, while maintaining the family dimension with its values…See Details...

Aptrindo Expects Trucking Operational Halt Not Too Long

June 23, 2018

According to him, this year’s Iedl Fitri holiday is too long since it is added with collective on leave stated by the government. He claimed that he suffered losses due to the absence of business activity for long lime.…See Details...

Konecranes Digital Technology Suite Optimises Safety, Uptime, and Availability in CUF

June 20, 2018

TRUCONNECT allows us to proactively plan for the replacement of critical components, analyse crane operator behaviour, monitor trends and anomalies, along with important safety events such as overloads. And all of this can be done from the comfort of our main command centre…See Details...

MSC COOPERATES WITH ALGERIAN AUTHORITIES FOR CONTAINER INSPECTION

June 11, 2018

MSC Mediterranean Shipping Company S.A. confirms that it is cooperating with Algerian authorities regarding the inspection of a single MSC container at the port of Oran, the company press release said. The container was subject to all the usual customs checking procedures on its journey from the port of Santos, Brazil, via transshipment at the port of Valencia, Spain, prior to its arrival in Algeria on 3 June.…See Details...

UPS Doing Expansion to Its Ocean LCL Service

June 10, 2018

United Parcel Service (UPS)  recently (June 7) anounced a major expansion to its ocean Less-Than-Container Load (LCL) service with the addition of direct sailings in 130 lanes. The origin and destination countries cover most of the globe, including ports in Asia, Latin America, Africa, Europe, U.S. the Carribean and the Middle East, the company press release said. …See Details...

IKT Cooperates with World-Class Ro-Ro Operator Wallenius Wilhemsen

June 10, 2018

IKT manages to sign MoU with Wallenius Wilhemsen Solution in dealing with the development and operation of vehicle processing facility service center (VPC), Equipment Processing Center (EPC) and Logistics services…See Details...

Jasa Armada Indonesia (JAI) Books Rp 120.4 Billion Net Profit

June 09, 2018

The General Meeting of Shareholder (RUPS) on last Wednesday (06/06/2018), has drawn an agreement of profit usage as dividend for about Rp 35.6 billion. About Rp 2.4 billion of the profit was declared as reserved fund and Rp 82.3 billion as retained profit.…See Details...