Global Container Business Suffered Losses of $3.5bn in 2016

The world’s major container shipping lines made estimated collective operating losses of $3.5 billion in 2016, their first annual deficit since 2011, despite a strong end to a bad year, reports container shipping analyst Drewry. But things are…See Details...

April 10, 2017

CMA CGM and PSA Launch Phase 2 of Container Terminal Joint Venture in Singapore

The leading worldwide shipping group, CMA CGM Group and, the world’s largest container transhipment hub in Singapore, PSA Singapore kicked off the second phase of their container terminal joint venture in Singapore on March 27, 2017. Officiating…See Details...

April 03, 2017

Jokowi: It‘s What Indonesia Must be Able to Get to Compete with Other Countries

Three stages of national development will be needed to realize the Indonesia 2045 Vision, President Joko Widodo (Jokowi) stated here on Monday (March 27). The implementation of the three stages of development will be carried out in three…See Details...

April 03, 2017

Pelindo II Global Bond under DPR Investigation

House of Representative (DPR) is now investigating the issuance of global bond by PT Pelindo II (IPC) worth Rp 20.8 trillion. DPR says there is an indication of misconduct procedure and the investigation is done to find out if there is a corporation…See Details...

April 03, 2017

Indonesia‘s Bonded Logistic Centers Facilitated to Reduce Logistic Cost

The government will provide facility for Bonded Logistic Centers (PLB) to improve efficiency and reduce logistic cost for industry, support provision of basic materials and facilitate exports and basic material imports. "The gist is…See Details...

March 27, 2017

Thai’s Kra Canal Plan Will It Affect the Indonesia Trade and Shipping?

The initiation to construct Kra Canal (Thai’s Kra Cannal) connecting the Gulf of Thailand with the Andaman Sea has been a corridor talks within the global shipping communities in the last several years. Many have appreciated with the proposal, but…See Details...

March 27, 2017

CeMAT, Logistic Exhibition that Bridges National and Global Logistic Industry

The Transportation Ministry Budi Karya Sumadi opened the biggest logistics exhibition in the South East Asia held on 2 – 4 March 2017 at ICE BSD City, Tangerang, Banten. The exhibition is expected to be able to enhance the Indonesian logistic…See Details...

March 20, 2017

Why Do Trucks Become the Choice of Goods Delivery than Train?

Railway transportation mode as goods transportation is more expensive than truck because it applies 10% tax. On the other hand, trucks don’t apply tax. The Commercial Director of PT Kereta Api Indonesia (KAI) Kuncoro Wibowo said the…See Details...

March 20, 2017

Improving Trucking System for Transportation Safety

Through this declaration, in addition to improve the vehicles (truck) safety system, the government also expects the trucking companies and drivers awareness on preventing the trucks overload during operation, causing roads getting damage fast…See Details...

March 20, 2017

Indonesia to Link Maritime Axis Plan to IORA Countries

Indonesia has expressed its wish to integrate its maritime axis program with shipping lines within the Indian Ocean Rim Association (IORA) area, as part of efforts to boost economic cooperation between the association’s countries.…See Details...

March 13, 2017