Businesses Unite to Oppose Penalties at Tanjung Priok

Data compiled by Kadin showed that even without the container clearing penalty, Indonesia’s THC were already the second highest in Southeast Asia after that of Singapore. The Indonesian Chamber of Commerce and Industry (Kadin),…See Details...

April 05, 2016

China Mulls Upgrade of Lancang-Mekong Ship Route

China is working with five ASEAN members to improve the main shipping lane on Lancang-Mekong river that the six nations share. The second phase of dredging begins soon and will allow 500-tonne ships to navigate the river year round. Ports and…See Details...

April 05, 2016

COSCO-PSA Terminal to Invest in New Container Berths in Singapore

When the new berths begin operations from 2017, they will be fully integrated with PSA’s best-in-class infrastructure and supported by the latest automated and intelligent port technologies. COSCO-PSA Terminal Pte Ltd (CPT), a joint venture…See Details...

April 05, 2016

Pessimisms in Shipping Business 2016

Overall confidence levels in the shipping industry fell to a record low in the three months to February 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. The…See Details...

April 05, 2016