AFLAS Awards CMA CGM the Best Global Shipping Line

World’s third biggest shipping line in container shipping industry CMA CGM Group has just been named as the ‘Best Global Shipping Line’ from AFLAS, thanks to customer-centric approach this French shipping company has taken that encouraged votes from over 15,000 industry professionals. On behalf of the CMA CGM Group, Lars Kastrup, CEO of APL and … Read moreAFLAS Awards CMA CGM the Best Global Shipping Line

Stakeholders Support CFS Center Extension, Expecting to Improve Priok Competitivenes

Business stakeholders appreciate the program of Tanjung Priok container freight station (CFS) centre facilities extension. This program is expected to smoothen importation process of less than container load  (LCL) cargoes, thus finally, helping to create a more efficient logistics business. Wisnu Waskita, a logistics business practioner and a top executive of logistic company PT Tata … Read moreStakeholders Support CFS Center Extension, Expecting to Improve Priok Competitivenes

China Imposes Retaliatory Tariffs on $60B Worth of U.S. Goods

On Monday, China announced that it would raise tariffs on $60 billion worth of American exports and the U.S. formally began the process to implement tariffs on an additional $300 billion in Chinese-made goods, raising fears that the trade war between Beijing and Washington could escalate sharply. The Chinese announcement was a reaction to a … Read moreChina Imposes Retaliatory Tariffs on $60B Worth of U.S. Goods

Higher Volumes, Freight Rates Drive Hapag-Lloyd’s Earnings Up

German shipping major Hapag-Lloyd closed the first quarter of 2019 with a significantly higher operating profit. The company said that earnings before interest and taxes (EBIT) increased to EUR 214 million for the period, compared to EUR 51 million reported in the same quarter a year earlier. The group net result was at EUR 96 … Read moreHigher Volumes, Freight Rates Drive Hapag-Lloyd’s Earnings Up

Trump Threatens Steep Tariff Hike on Chinese Goods

On Sunday, U.S. President Donald Trump accused China of moving too slowly on trade talks, and he threatened to raise existing tariff on $200 billion worth of Chinese exports by an additional 15 percentage points by the end of the week. “For 10 months, China has been paying Tariffs to the USA of 25% on … Read moreTrump Threatens Steep Tariff Hike on Chinese Goods

Minister Susi Pudjiastuti Sinks 51 Confiscated Fishing Vessels

On Sunday, Indonesia’s fisheries ministry lined up and sank 51 confiscated fishing boats as part of its ongoing effort to combat illegal poaching by foreign fishermen in the Indonesian EEZ. Indonesian authorities carried out the sinkings at five ports across the island nation. The renewed use of this assertive tactic reflects recent tensions with Vietnam’s coast guard and commercial fishing … Read moreMinister Susi Pudjiastuti Sinks 51 Confiscated Fishing Vessels

A Stronger Future for Short Sea Shipping

As shipping gets smarter and more sustainable, the Coastlink conference addresses how short sea and container feeder shipping can best secure a stronger future. The changing European logistics landscape, managing transport procurement and service, and the impact of China’s Belt and Road Initiative (BRI) will be the focus of the 2019 Coastlink conference, which aims … Read moreA Stronger Future for Short Sea Shipping

MoU EDII And Hakovo: Cross-Border Documents Exchange for Indonesia Customs Clearance Process

(third person from left) EDII President Director, E Helmi Wantono, and (next person) Hakovo CEO, Takayuki Akahodani in the signing of the MoU, at EDII Head Office, Jakarta (23/04). PT Electronic Data Interchange Indonesia (EDII), a pioneer company in developing Electronic Data Interchange Services (PDE) in Indonesia, and Hakovo have signed a Memorandum of Understanding … Read moreMoU EDII And Hakovo: Cross-Border Documents Exchange for Indonesia Customs Clearance Process

In Depth: Digital Standards Will Not Rule Out Customization

Earlier this month, the container shipping industry welcomed the creation of the Digital Container Shipping Association (DCSA). The association was established by four shipping giants — Maersk, Hapag-Lloyd, Mediterranean Shipping Company (MSC) and Ocean Network Express (ONE) — in Amsterdam on April 10. The main goal of the carriers is to help the container shipping industry move … Read moreIn Depth: Digital Standards Will Not Rule Out Customization

In Depth: Nixon: Consolidation in Container Shipping Getting More Challenging

The container shipping sector has seen a massive consolidation wave over the past few years, reducing the number of carriers considerably. It is estimated that by 2021, 75% of the global containership fleet will be owned by only seven top-tier liner companies, compared to 37% in 2005. Further consolidation in the sector through mergers and … Read moreIn Depth: Nixon: Consolidation in Container Shipping Getting More Challenging