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...

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...

DHL To Support Indonesia's Expanding Life Sciences Industry

August 03, 2018

​“Indonesia’s pharmaceutical market is projected togrow by 10% per annum to be worth more than US$12 billion by 2022, driven largely by growth in the domestic market for generic drugs and increasingly accessible healthcare country-wide. This creates significant opportunities for both multinational and domestic life sciences operators to scale up their operations,” said Vincent Yong, President Director, DHL Global Forwarding Indonesia. “This new bonded warehouse is our latest investment in the logistics infrastructure needed to fully capitalize on those opportunities while boosting the quality of medicines, devices, and other medical goods that Indonesia’s people have access to.”…See Details...

Yusen Logistics Indonesia The Best Custom Brokerage 2018

August 02, 2018

​PT. Yusen Logistics Indonesia has just got award as the best custom brokerage 2018 from Indonesia customs authority (BC) of Tanjung Priok Chapter (KPU Bea Cukai) Tanjung Priok), for its high number of documents it submitted and accuracy in export import document submission. The award delivery took place on the sideline of KPU Tanjung Priok 11th Anniversary last month (July).…See Details...

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...

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...

IMLOW: Tighten Up Security Aspect in Seaports and Airports

May 15, 2018

​Indonesia Maritime, Logistics and Transportation Watch (IMLOW) stated that the enhancement of security and supervisory aspects against vital objects of national economic activities, such as seaports and airports must be conducted. Secretary-General of IMLOW, Achmad Ridwan Tento explained that the terrorism acttions that happened within 25 hours period in Surabaya, East Java on last Sunday and Monday were worried to disrupt economic activity and investors who were planning to invest in Indonesia.…See Details...

JAI and PetroChina Agree on Piloting Tariff, Other KKKS to Follow

May 15, 2018

The agreement on piloting and tugboat tariff service in the area of special privately terminal of Tanjung Jabung was signed on Monday (5/14/2018) in Jakarta. …See Details...

New China to Iran Freight Train Beats Ocean Shipping

May 14, 2018

A new freight train service connecting Inner Mongolia to Tehran, Iran's capital, will cut shipping times by over half compared to ocean carrier services, according to China’s state-run news agency Xinhua. The test of the new route started with a train leaving the city of Bayannur in north China's Inner Mongolia Autonomous Region on May 10, 2018. It will make an 8,352-kilometre journey through Kazakhstan and Turkmenistan before arriving in Tehran 15 days later, shortening transportation time by at least 20 days when compared with ocean shipping options.…See Details...

Aptrindo Greatly Welcomes Auto Gate System in Tanjung Priok Port

May 03, 2018

​Indonesian Trucking Business Association (Aptrindo) salutes genially the plan of Tanjung Priok Port to apply non-cash port pass service through the implementation of Auto Gate System.…See Details...