PT Salam Pasific Indonesia Lines (SPIL), a prominent player in the maritime industry, proudly announces substantial cost savings of up to 30% in its operational expenses while vessels are docked at the Jayapura-Papua Container Terminal (TPK). Slamet Sampurno, Branch Manager of SPIL in Jayapura, unveiled these impressive cost reductions, which stem from the optimization of…
Humpuss Maritim Internasional Tbk (HUMI), a company specializing in energy transportation and integrated maritime services, has announced impressive financial results for the third quarter of 2023. The company achieved a net profit of $11.6 million USD during this period, marking a substantial 33.7% increase compared to the same quarter in the previous year when the…
Vietnam is gearing up for a seismic transformation in its seaport infrastructure, paving the way for enhanced global trade connectivity. With plans to develop a cutting-edge seaport system, the nation is poised to revolutionize its role in international commerce. Under the guidance of Deputy Minister of Transport Nguyen Xuan Sang, Vietnam’s ambitious vision for its…
J&T Global Express Limited, marked a momentous occasion today as it officially debuted on the Main Board of the Hong Kong Stock Exchange under the stock code “1519”. The successful Public Offer, with an Offer Share price of HK$12.00, generated impressive net proceeds of HK$3.528 billion from the Global Offering, with the Over-Allotment Option remaining…
PT Pelabuhan Indonesia (Pelindo) Ambon Branch is thrilled to announce a remarkable achievement with cargo container traffic experiencing an impressive growth of 102.78% as of the third quarter of 2023. This growth signifies a substantial milestone for the Ambon Container Terminal, demonstrating the positive impact of digital transformation initiatives. Rouland Prakarsa Koswara, Terminal Head at…
Chinese ports have marked a significant achievement with remarkable growth in cargo volume and container throughput from January to September 2023. The latest data indicates that Chinese ports handled a staggering 12.540 billion tons of cargo, reflecting an impressive year-on-year increase of 8.5%. Concurrently, container throughput reached 230.7 million TEUs, showing a commendable year-on-year growth…
PT Hasnur Internasional Shipping Tbk. (HAIS), a prominent leader in the Indonesian logistics and maritime transportation sector, has reported extraordinary financial achievements during the first three quarters of 2023. The company’s net profit, totaling Rp118.97 billion, has surged by an impressive 51.60% compared to the same period in 2022 when it stood at Rp78.48 billion….
The recent conclusion of the MotoGP Mandalika event has not only been a resounding success but has also breathed new life into the world of motorcycle racing. The international stage that MotoGP Mandalika provides has brought a sense of immense pride to Indonesia, transcending various sectors, with a significant spotlight on the crucial logistics industry….
Cambodian Deputy Prime Minister Sun Chanthol has unveiled a groundbreaking $50 billion master plan set to revolutionize the nation’s transport and logistics sectors. This comprehensive initiative comprises a remarkable 174 projects, signaling Cambodia’s determination to spur economic growth and global connectivity. Deputy Prime Minister Sun Chanthol, who also serves as the first vice chairman of…
The recent depreciation of the Indonesian Rupiah against the US Dollar has raised alarms about the escalating expenses associated with importing raw materials and logistics in the country. Furthermore, this economic turbulence has also triggered a surge in bank loan interest rates for the nation’s manufacturing sector. This development has necessitated a thorough review of…
