The Indonesia Trading House (ITH) in Switzerland, a collaboration between KADIN and Pasar Indonesia AG, is inaugurated

The Indonesian Ambassador to Indonesia and Liechtenstein, Muliaman Hadad, together with the Minister of Cooperatives and SMEs, Teten Masduki, witnessed the inauguration of the establishment of the Indonesia Trading House (ITH) at the Pasar Indonesia store, Aargau, Switzerland, on 21 January 2022. The inauguration was also attended by Yukki Nugrahawan Hanafi (Deputy General Chair Coordinator…

Read Full News

JICT Throughput in 2022 is 2.02 Million TEUs

The flow of ship calls at the Jakarta International Container Terminal (JICT) during January-December 2022 recorded 1,467 units. JICT is the busiest container terminal at Tanjung Priok port, serving import and export activities. Reporting from Logistiknews.id, with total ship calls throughout 2022 at JICT, the containers that were loaded-unloaded (imported and exported) reached 2,027,776 twenty-foot…

Read Full News

Export Performance for 2022 Grows Positive, But the Trend is Decreasing

The Statistics Indonesia (BPS-Central Bureau of Statistics) announced that Indonesia’s December 2022 export value reached US$23.83 billion, down 1.10 percent compared to November 2022 exports. Compared to December 2021, the export value increased by 6.58 percent. December 2022, non-oil and gas exports reached US$22.35 billion, down 2.73 percent compared to November 2022, while up 4.99…

Read Full News

Kadin Supports BIMP-EAGA Maritime Event 2023

The Indonesian Chamber of Commerce and Industry (Kadin) fully supports the Brunei Darussalam, Indonesia, Malaysia, Philippines East ASEAN Growth Area (BIMP-EAGA) Maritime 2023 event. The event will be held by PT Pelabuhan Indonesia (Persero) or Pelindo from 21-23 February 2023 at the JW Marriott Hotel, South Jakarta. Deputy Chairperson for International Relations at Kadin, Bernardino…

Read Full News

Indonesia Needs to Rejuvenate Registered Ships and Ports

Nearly half of the vessels in Indonesia are old or more than 15 years old. Currently, there are 80,000 registered vessels. Reported from Ocean Week, out of a total of 80,000 vessels throughout Indonesia are fishing vessels, and around 20,000 to 30,000 are commercial vessels. Because of that, investment is needed to revitalize old vessels…

Read Full News

ClarkSea Index: Record Annual Average For 2022

Full year 2022 data points for the international shipping industry have been released by Clarksons Research. Reviewing the data, Steve Gordon, Managing Director of Clarksons Research commented: The ClarkSea, our overall day rate charter index covering seaborne transportation (tankers, bulk carriers, containerships and gas carriers together representing over 80% of global shipping capacity), increased 30%…

Read Full News

Multipurpose Shipping to Outgun Competing Sectors: Drewry

While multipurpose vessel (MPV) rates are expected to soften through 2023, the rate of decline is expected to be less than in competing sectors such as containerships and handysize dry bulk carriers, according to the latest forecasts from Drewry’s Multipurpose Shipping Forecaster report. Last year started with charter rates in all three main dry cargo…

Read Full News