Maersk Tankers Posts Loss In Tough Market

Maersk_Tankers

Despite outperforming the market on time charter equivalent earnings and costs, 2018 was a financially challenging year for Maersk Product Tankers, facing the lowest spot market rates seen in a decade. A strong balance sheet and significant investments build a solid foundation for the future. “In 2018, we continued the work to create sustainable, long-term … Read moreMaersk Tankers Posts Loss In Tough Market

A Mega Logistics Center Expected in Tanjung Priok

*Wisnu Waskita, a logistics observer & practitioner Indonesia should have a ‘mega logistics’ zone. And since Tanjung Priok handles more than 65% of export import, this port remains an appropriate location to realize the concept, according to Wisnu Waskita, a logistics observer and practitioner. Wisnu, who is also an executive board for logistics company PT.Tata … Read moreA Mega Logistics Center Expected in Tanjung Priok

IPC TPK Panjang to Procure One QCC Worth Rp120b This Year

*Mohammad Adji (left) and Alexy Redotove, Captain of Balthasar Schulte IPC Container Terminal (IPC TPK) Panjang will procure one quay container crane (QCC) this year in a bid to support loading unloading process at this terminal, following the calls of some big containership run by world’s leading shipping lines. For this facility, IPC TPK will … Read moreIPC TPK Panjang to Procure One QCC Worth Rp120b This Year

Sealand Deploys 4,250 TEUS Containership for Direct Call from Panjang to North East Asia

The export of cargo from Lampung Province and Sumatera Island in general will be faster, more efficient, and expectedly cheaper, following the opening of Sealand’s Intra-Asia One (IA1) that will directly ship from Panjang to North East Asia regions. Sealand, a group of world’s number one shipping line Maersk Line, has just opened direct calls … Read moreSealand Deploys 4,250 TEUS Containership for Direct Call from Panjang to North East Asia

JICT Adds Direct Calls, More International Transshipment Services

Jakarta International Container Terminal (JICT) created another milestone today (March 22), following the first call of CMA CGM Group (ANL)’s Asia Australia Express (AAX). A 2,824 TEUs containership with LOA of 222 meter – MS Eagle – berthed for the first time at this Indonesia’s leading export import gateway. Routing Saigon – Port Klang – … Read moreJICT Adds Direct Calls, More International Transshipment Services

JICT the First Indonesia’s Terminal Handling International Transhipment

Since late February this year (2019), Tanjung Priok Port started service for international transhipment activities through Jakarta International Container Terminal, following the issuance of permit from Customs Authority. Through an approval letter No S-2234/KPU/01/2018 issued by Tanjung Priok Customs (KPU Tanjung Priok), JICT is allowed to serve any international vessels to do transhipment  at JICT. … Read moreJICT the First Indonesia’s Terminal Handling International Transhipment

MCT Eyeing More Cargo Types to Handle, But Calling for Port Status Upgrade into International

Port of Tegar Indonesia (PTI) or Marunda Center Terminal (MCT) is eyeing to handle more types of cargoes, but its existing status is still a problem. Hence, it expects the port (Marunda Port) status upgrade into international port. The government of Indonesia formally registers Marunda Port as a Class IV Port, but MCT concession permits … Read moreMCT Eyeing More Cargo Types to Handle, But Calling for Port Status Upgrade into International

Port Authority Expected to Be Indipendent, Directly Responsible to President

Port Authoriy (PA) is expected to be an indipendent institution and will directly be responsible to President, thus it can fully monitor and control any activities at the port, according to Achmad Ridwan Tento, port and maritime business sector practicioner and observer. Ridwan suggests to strengthen this institution role and function, while on the same … Read morePort Authority Expected to Be Indipendent, Directly Responsible to President

What Makes those ‘Big Boys’ Come to Panjang Port

– The increasing volume of agro-industry products and trade can be concluded as reasons why Maersk Line and CMA CGM, open direct calls to Panjang Port – Continuous improvement in port facilities and system plus the strategy of port operator IPC to play role as a trade facilitator has supported it so. The increasing volume … Read moreWhat Makes those ‘Big Boys’ Come to Panjang Port