The China Navigation Company Pte. Ltd. (CNCo) announced that it has been renamed to Swire Shipping Pte. Ltd. (Swire Shipping), as part of a strategy to streamline its brands, and present customers and stakeholders with a consistent and unified experience across its product offerings. “Swire Shipping is widely recognised as the operating name of the…
Mediterranean Shipping Company (MSC) has simultaneously done and will continue to do repositioning of empty containers to Jakarta, the forty-feet (40ft) ones in particular, in a bid to help the fluent flow of export from the country. Since late September to early this month (October), this global second-biggest shipping company in the container industry has…
High freight rate amid the business chaos of pandemic has disturbed the logistics business cash flow. Hence, strong capital (injection) is needed to secure cash flow, thus making the business running as expected, according to Link Pacific Logistics (PT Link Pasipik Indonusa), one of Indonesia’s leading forwarders Players in shipping and logistics industries, including shipping…
State port operators Pelindo I – IV have been officially merged early this month, on October 1, 2021. This merger is expected to make Pelindo stronger, competitive, and strategic in building maritime connectivity, thus supporting efficient logistics and encouraging economic growth. Noted that Indonesia’s logistics cost is still very high, reaching 23.5% of GDP. The…
It is interesting to look at throughput data in Tanjung Priok, the largest and busiest port in Indonesia. Until July 2021, this port international containers throughput reached 2.65 million TEUs. Its imported containers amounted to 1.4 million TEUs, higher than export of 1.25 million TEUs. And what is also more interesting is that there is…
