Drewry’s composite World Container index increased marginally 0.5% or $50 to $9,421.48 per 40ft container, according to Drewry assessment on Thursday, 12 August 2021. Drewry’s… Read More »Rates to Increase Further in Coming Weeks: Drewry
We recorded revenue of ¥288.8 billion, operating profit of ¥8.0 billion, ordinary profit of ¥104.2 billion and profit attributable to owners of parent of ¥104.1… Read More »MOL Expects Dry Bulk Market to Remain Firm Moving Forward, But Tankers Will Keep on Suffering
The international shipping industry continued its long-term positive safety trend over the past year but has to master Covid challenges, apply the learnings from the… Read More »Allianz: “Shipping losses remain at historic lows, but Covid, mega-ship, supply chain and climate challenges loom large”
Despite booming stocks and rising profitability not everything is hunky dory for container shipping lines. The sector is either already facing or about to face… Read More »Container shipping equities: Industry braces for higher cost
Iridium Communications Inc. announced that Japan’s Ministry of Internal Affairs and Communications (MIC) has approved regulatory amendments necessary to allow for Japanese adoption of Iridium… Read More »Iridium Granted Trio of Regulatory Approvals in Japan
Container ship operators are paying increasingly high charter rates for longer periods as they seek to capitalize on significantly high rates in the container freight… Read More »Container ship long-term charter rates climb to record highs amid vessel shortages
Orange maritime customers will now be able to accelerate their digital transformation with higher-capacity satellite connectivity services provided jointly by SES Networks and Orange. With… Read More »SES Networks Expands Partnership with Orange to Enhance Maritime Services
PTP Multipurpose Terminal (PT Pelabuhan Tanjung Priok/PTP), a subsidiary of state port operator PT Pelabuhan Indonesia II/IPC, continues its move to build cooperation and partnership, not… Read More »PTP Continues Expansion Move, Eyeing Synergy with KBS
Indonesia stevedoring companies’ Association APBMI hails the policy of multipurpose terminal operator PT Pelabuhan Tanjung Priok (PTP/IPC Multipurpose) on giving tariff compensation following the Customs-Excise… Read More »APBMI Hails PTP Decision on Giving Compensation of Troubled CEISA
Logistics business players appreciate the massive steps taken by government bodies on eradicating the illegal fee taking (‘Pungli’) and thuggery as it will help logistics… Read More »Eradicating ‘Pungli’ and Thuggery Makes Logistics More Competitive: Ryano Panjaitan
