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...

PETRONAS delivers first LNG cargo to Hokkaido Electric Power Company

August 06, 2018

​PETRONAS through its subsidiary, Malaysia LNG Sdn Bhd (MLNG) delivered its first liquefied natural gas (LNG) cargo to Japan's Hokkaido Electric Power Co., Inc. (Hokkaido Electric) on August 1st, 2018. This delivery marks the beginning of MLNG's supply to Hokkaido Electric via a 10-year Sale and Purchase Agreement (SPA) signed on 2 March 2017.…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...

Video: Animating 70 years of better shipping for a better future

August 02, 2018

70 years of helping international shipping become safer, more secure and develop a greener environmental footprint – that's what IMO is celebrating in 2018, with a series of events and commemorative productions being released throughout the year. The latest is a short animated film which shows how IMO has developed mandatory international regulations covering almost every aspect of shipping. As a result, modern shipping conforms to the highest practicable standards and is the safest, cleanest and most efficient way to move goods around the world.…See Details...

How Does Rupiah Weakening Affect Export/Import

August 01, 2018

In June 2018, Tanjung Priok international throughput/volume declined 40% month to month. Why?…See Details...

Containership MOL Truth Earned 'Ship of the Year 2017'

July 18, 2018

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) Friday (Jul13) announced that 20,000 TEU containership, MOL Truth, one of the world's largest containerships, has received the "Ship of the Year 2017" award from the Japan Society of Naval Architects and Ocean Engineers (JASNAOE).​ The award is given for the highest levels of technology, design, and social responsibility among vessels made in Japan by JASNAOE.​…See Details...

Discover Smart Containers by TRAXƎNS

June 22, 2018

In order to enable the supply chain’s optimization, TRAXENS by CMA CGM can come with a complete diagnostic offer. In addition to the transferred data, a project team follows and supports the customers in analyzing their data. Businesses opting for TRAXENS by CMA CGM will thus be able to identify logistical difficulties and implement concrete solutions to optimize costs and security.…See Details...

Konecranes Digital Technology Suite Optimises Safety, Uptime, and Availability in CUF

June 20, 2018

TRUCONNECT allows us to proactively plan for the replacement of critical components, analyse crane operator behaviour, monitor trends and anomalies, along with important safety events such as overloads. And all of this can be done from the comfort of our main command centre…See Details...

Jasa Armada Indonesia (JAI) Books Rp 120.4 Billion Net Profit

June 09, 2018

The General Meeting of Shareholder (RUPS) on last Wednesday (06/06/2018), has drawn an agreement of profit usage as dividend for about Rp 35.6 billion. About Rp 2.4 billion of the profit was declared as reserved fund and Rp 82.3 billion as retained profit.…See Details...