Starting August 28th, Cikarang Dry Port Access Tariff Start From IDR 4.500

August 23, 2018

Reported from bisnis.com, Dwimawan Heru, AVP Corporate Communication of PT Jasa Marga Tbk said that the Cikampek Dry Port access rate will be officially applied on Tuesday, August 28th 2018 at 00.00 local time. This matter is regulated in ministerial decree number 561/KTPS/M/2018 concerning the Determination of Classes of Motorized Vehicles and Toll Tariff Rates on Cikarang Dry Port Access Road as Part of Jakarta-Cikampek Toll Road by Ministry of Public Works and Public Housing. This ministerial decree was set by Basuko Hadimuljono, the Minister of Public Works and Public Housing in Jakarta, Monday, August 20th 2018.…See Details...

Global Container Trade Grew 3.2% in H1

August 23, 2018

​Global container trade in first half of this year (2018) grew up 3.2% on last year, climbing from 79.8m teu to 82.3m teu. However, there was a slowed trend growth in second quarter, according to Container Trades Statistics (CTS). CTS reported that growth in container volumes slowed in the second quarter of 2018, as a strong showing from the transpacific and transatlantic trades was unable to offset weak performances elsewhere, including most notably Asia-Europe.…See Details...

Konecranes To Deliver More Electric RTGs To Luka Koper

August 23, 2018

The Port of Koper operator in Slovenia, Luka Koper d.d., has ordered five electric Konecranes RTG cranes. The cranes will be equipped with cable reels featuring an auto plug-in system. Luka Koper’s new Konecranes RTGs will offer important environmental benefits thanks to their electric operation: regenerative power feedback to the local grid, ambient lighting with LED lights and low noise. The cranes will also have driver-assistance features that boost productivity: Auto-steering, Auto-TOS reporting, Auto-positioning, and Stack Collision Prevention, the press release from Konecranes said. …See Details...

IPC Enjoyed 18% Net Profit Growth in H1

August 17, 2018

State port operator PT Pelabuhan Indonesia II (Persero)/IPC booked a net profit of Rp1.21 trillion in first half of 2018 (H12018), an 18% increase year on year, from Rp1.02 trillion in H12017, thanks to the increase volume it handled and the increasing contribution of its subsidiary companies. The total revenue also experienced an increase, by 8.18%, to Rp 5.35 trillion, from Rp4.93 trillion in H12017, the company report said. …See Details...

Synchronet Marine Helps Customers With One-Click Sourcing For Interchanges

August 14, 2018

​SynchroNet Marine has just announced a new service option for existing customers, which provides immediate access to available interchange opportunities. The new outbound email communications program, sent directly to current customers, highlights opportunities for maritime container interchanges, with the option to provide specific quantities and / or precise locations for interchanges. This unique service enhancement reduces the need to sift through large quantities of emails, to field a multitude of telephone calls or to respond to fax inquiries when looking for interchange opportunities, whether on the supply or demand side of the interchange.…See Details...

Meyer Implements Cadmatic Software For Finnish And German Shipyards

August 14, 2018

​Meyer is boosting and harmonizing the outfitting design and construction of its cruise vessels by taking CADMATIC software into expanded use at its shipyards in Finland and introducing it in Germany. Meyer has acquired CADMATIC’s design and information management software for all three its shipyards: in Papenburg and Rostock in Germany, as well as in Turku, Finland. The goal of the investment is to shorten lead-times in design and construction, improve the quality of design, and harmonize the company’s ways of working across the shipyards and its subcontractors. …See Details...

Hapag-Lloyd Half Year Results: EUR 88.7 Million EBIT in a Challenging Market

August 13, 2018

Hapag-Lloyd has concluded the first half of the year 2018 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 425.2 million. This is EUR 61.4 million higher compared to the EBITDA of the first six months of 2017 (EUR 363.8 million). The earnings before interest and taxes (EBIT) stood at EUR 88.7 million after six months and therefore close to the level of the first half of the year 2017 (EUR 90.7 million). The group net result amounted to EUR -100.9 million, which is EUR 58.2 million below the 2017 half year result (EUR -42.7 million). These developments are mainly driven by the ongoing intense competition as well as higher operational costs, partly compensated by synergies coming from the business combination with United Arab Shipping Company Ltd (UASC).…See Details...

Container Shipping Firms Focus on Asset Optimisation Amid High Fuel Prices, Trade Disruption

August 13, 2018

Asset quality, size and diversification will determine the success of shipping companies in the next 18 months as higher costs, tighter environmental rules and worsening global trade relations risk offsetting buoyant demand and capacity reductions. ­­ Only container- shipping companies with the biggest fleets and most efficient vessels are likely to turn a profit this year and meet longer-term challenges, says Scope Ratings in a short report. Container shipping is a capital-intensive business. A .P. Møller-Mærsk, the industry leader, spends around USD 1bn a year on new ships. When owners have little control over cargo rates, and differentiating one freight service from another is difficult, industry returns depend on asset optimisation – ensuring ships are always at sea and fully loaded. …See Details...

The Role of Asean’s Ports in China’s Belt and Road

August 09, 2018

​China’s investments in deep-sea ports in Myanmar and Cambodia will provide critical links in the Belt and Road Initiative (BRI), but there are also concerns that they could give China undue economic leverage in the region. On the Bay of Bengal in Myanmar, Chinese state-owned firms have been given the green light to construct a $7.3 billion deep-water port and a $2.7 billion industrial area in a special economic zone which would be 70 per cent owned by China and 30 per cent owned by Myanmar. However, if the costs of Myanmar’s share prove too much to bear there are concerns it could fall into a debt trap, as happened with Sri Lanka, which late last year handed over control of its Hambantota port to China. …See Details...

16 Types of Container Units and Designs for Shipping Cargo

August 06, 2018

Container units form the most integral part of the entire shipping industry, trade, and transport. These shipping containers are the structures that store various kinds of products that need to be shipped from one part of the world to another. Moving containers protect contents on the long journeys they make and ensure they make it back to you in one piece. As such, depending on the type of products to be shipped or the special services needed from them, container units may vary in dimension, structure, materials, construction etc. various types of shipping containers are being used today to meet requirements of all kinds of cargo shipping. Some of the most common types of shipping containers in use today are mentioned below.…See Details...