Shipping Corporation of India has been in focus over the last month or so over the government’s plans to divest its stake. We spoke with… Read More »Container prices at unforeseen record levels, expected to continue till the end of FY22: HK Joshi
The CMA CGM Group, a world leader in shipping and logistics, opened today its fourth and largest container depot in Cakung, East Jakarta, Indonesia. Occupying… Read More »CMA CGM Opens Its Indonesia’s Largest Container Depot in Cakung Jakarta
Indonesian Logistics and Forwarders’ Association (ALFI) supports any efforts of the Ministry of Trade (Kemendag) in pursuing a trade surplus amid the current Covid-19 pandemic.… Read More »To Keep Trade Surplus, ALFI Calls for Industry Transformation to Create Added Values
By: Bambang Sabekti, Professional in Maritime Industry Amid the busyness of IPC consolidating to prepare for the later Pelindo merger, Tanjung Priok Port again chalked… Read More »Momentum for Improving Logistics Efficiency, Export Competitiveness
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
Deavy Aron Sinambela, ISBA Chairman (right) Indonesian Shipbrokers’ Association (ISBA) is ready to guide and facilitate the operation of shipbrokers doing business within the country.… Read More »ISBA Ready to Guide and Supervise Shipbrokers Operation in Indonesia
Trade in the Economic Development Zone near Yangpu International Port, Hainan’s main deep-water harbor for super-large transcontinental container ships, increased by more than 25% year-on-year… Read More »Trade turnover of Hainan’s major port development zone increased by 25% in six months
Containerised shipping underpins the transport and delivery of global manufactured goods, including inputs, parts, components and consumer goods. On the heels of the Covid-19 pandemic… Read More »How to cushion consumers from high maritime freight rates
2021 will be the first year in the history of container shipping when carrier profits approach $100 billion and average freight rates jump by 50… Read More »Container shipping market ‘is really crazy right now’ – Analyst
The VLCC market is stuck in limbo with spot rates for hauling crude from the Middle East to Far East staying almost static since the… Read More »Depressed rates weaken VLCC market, force owners to idle ships
