Port Integration Expected This Year

Those said seven integrated ports are Tanjung Priok Port, Kuala Tanjung Port, Tanjung Mas Port, Tanjung Perak Port, Pontianak Port, Bitung Port and Sorong Port. President Director of Indonesia Port Company II (IPC II) Elvyn G…See Details...

January 30, 2017

Hyundai Merchant Marine to Become No. 2 Stakeholder in Long Beach Terminal

HMM will receive the same port tariff rates with MSC, and it will help reduce terminal handling costs and secure stable profitability Hyundai Merchant Marine Co. (HMM), has decided to buy a 20 percent stake in Hanjin Shipping Co.’s…See Details...

January 30, 2017

Dry Bulk Market Coming to Normalization

Though still facing a slow recovery, but the dry market shipping price will come to normalization this year (2017), according to Maritime Financial Research Drewry The dry bulk shipping market price, according to Drewry, has…See Details...

January 30, 2017

Agung Warehouse’ Smart Racking System Doubles Utility, Fastens Racking Time

Agung Warehouse, a warehouse of PT Agung Raya in Tanjung Priok Port Jakarta, has just (January 19) launched smart racking system, making its utility double and fastening racking time from 55 to only 25 minutes Agung Warehouse is one…See Details...

January 25, 2017

Indonesia, Japan Agree to Continue Cooperation on Port, Rail Projects

Japanese Prime Minister Shinzo Abe and Indonesian President Joko Widodo agreed to bolster maritime cooperation, including on security and economic development, during bilateral talks in Bogor, Indonesia, on Sunday (15…See Details...

January 23, 2017

Hyundai Merchant Mulls Acquiring Shipping Terminals in Indonesia and Vietnam

South Korea’s Hyundai Merchant Marine Co. (HMM) is gearing up to take over shipping terminals in Indonesia and Vietnam in a bid to expand its presence in the global market. HMM is now the country’s leading container carrier after once the…See Details...

January 23, 2017

Good Start for Container Business, But Players Waiting Until H2

The shipping business 2017 started with good news of better freight rate, following the rebound trend in Q42016. But, shipping players are still waiting until second half (H2) for a conclusion Though there was an indication of container trade…See Details...

January 23, 2017

2017, Pelindo IV Genjot Proyek Pelabuhan

Kunjungan ke Pelabuhan Bitung dilakukan untuk melihat secara langsung kesiapan infrastruktur pelabuhan dan mendorong semua pihak terkait untuk berpartisipasi aktif demi terwujudnya rencana…See Details...

January 17, 2017

TO3 Priok Tumbuh Fantastis

Di tengah lesunya pertumbuhan perdagangan yang terindikasi tidak tumbuhnya volume ekspor import secara menyeluruh, Terminal Operasi (TO) 3 Pelabuhan Tanjung Priok bahkan mengalami pertumbuhan yang…See Details...

January 16, 2017

Indonesia Needs to Step up Its Fight Against Maritime Piracy

Indonesia’s maritime sector gained a boost when on December 21, 2016, Coordinating Minister for Maritime Affairs Luhut Binsar Panjaitan agreed to cooperate with Japan, establishing the strategic bilateral Indonesia-Japan Maritime Forum (IJMF). The…See Details...

January 16, 2017