Indonesia’s IMO 2020 pushback raises concerns of wider non-compliance

Indonesia’s backtracking on IMO 2020’s January 1 target for sulfur caps on domestic shipping raises the specter of wider non-compliance, as the marine fuel regulation becomes increasingly disruptive and policymakers seek to control its economic fallout, executives said at a gas conference “Gas Indonesia Summit & Exhibition 2019” in Jakarta, July 31 – August 2, … Read moreIndonesia’s IMO 2020 pushback raises concerns of wider non-compliance

Relating Kijing Development, Stakeholders Call for Comprehensive Strategies, Stakeholders Involvement

Hamdan Godang, Chairman of West Kalimantan APBMI Port related business stakeholders at West Kalimantan appreciate any programs relating port improvement and development taken by PT Pelindo II/IPC within the province, but calls for comprehensive strategies and involvement of any stakeholders of local government and the existing port-related business stakeholders. Such comprehensive strategies and intensive participation … Read moreRelating Kijing Development, Stakeholders Call for Comprehensive Strategies, Stakeholders Involvement

PLB Effective to Guarantee Raw Material Stock, Smoothen Logistics Activity

There is evidence to say that the bonded logistic center (PLB) is very effective to guarantee the stock of raw material for domestic industry production, thus encouraging a fluent national logistic activity, according to Indonesia Importers’ Association (GINSI). Explaining to press today (Tuesday, July 30), GINSI General Secretary Erwin Taufan said PLB facilities have helped … Read morePLB Effective to Guarantee Raw Material Stock, Smoothen Logistics Activity

Ministry to Issue Notice of Marine Relating Pertamina Oil Spill Incident

Though creating no significant impact on shipping activities due to the incident of the release of gas in the Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) block in the offshore of the Java Sea, but Ministry of Transportation would issue a notice of marine to all shipping companies. “Until now, there has been … Read moreMinistry to Issue Notice of Marine Relating Pertamina Oil Spill Incident

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

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

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

Encouraging IPC to a World Class Port Business Icon

State port operator PT.Pelabuhan Indonesia II/IPC has adequate potencies and resources to be a world class icon in port business, according to a port and logistics business practioner and observer. To Indonesia Shipping Gazette, Wisnu Waskita, who is also an executive of logistic company PT Tata Waskita revealed this, but called for support from many … Read moreEncouraging IPC to a World Class Port Business Icon

South Korea set to hold ASEAN maritime drills

A two-part maritime exercise by the 10-member Association of Southeast Asian Nations (ASEAN) and its partnering countries is slated to start in South Korea’s port city of Busan this week, the country’s Navy said on Sunday. The exercise aims to counter maritime crime, including illicit transactions of weapons and other banned items, according to Yonhap News Agency. The drills are scheduled … Read moreSouth Korea set to hold ASEAN maritime drills