The Tanjung Priok port, a key hub for international container traffic in Indonesia, has reported a robust performance in 2023 across its three major container terminal operators: Jakarta International Container Terminal (JICT), Terminal Peti Kemas (TPK) Koja, and IPC TPK Tanjung Priok. The data, sourced from Logistiknews.id, reveals a positive trajectory with an average growth…
In a significant stride towards enhancing port services and streamlining administrative processes, Indonesia’s Inaportnet system emerges as a pivotal tool for port operators. This innovative implementation serves a dual purpose, contributing to the National Single Window and National Logistics Ecosystem, ultimately accelerating service efficiency across ports. Airlangga Hartarto, the Coordinating Ministry for Economic Affairs, underscores…
Quảng Ninh Province in Vietnam is proactively enhancing its seaport services and prioritizing the integrated development of ports and wharves with logistics services. The province’s 250km coastline provides an advantageous environment for creating a comprehensive seaport system, including deep-water ports capable of accommodating large vessels, positioning it as a significant center for seaport services and…
The Vietnamese shipping industry faces a challenging landscape, as several enterprises report disappointing third-quarter results, grappling with losses attributed in part to the slow recovery of exports and imports in the third quarter of this year. One notable case is the Việt Nam Sea Shipping Joint Stock Company (VOS), which disclosed a substantial loss in…
In celebration of National Building Day, the Ministry of Transportation, in collaboration with the Directorate General of Sea Transportation and PT Djakarta Lloyd (Persero), reaffirms its commitment to national development by actively supporting the Sea Toll program. This initiative aims to ensure the equitable distribution of logistics and construction materials, particularly to remote islands, fostering…
President Commissioner of PT PP (Persero), Andi Gani Nena Wea, personally inspected the ongoing development of Phases 1-2 of the Patimban Port located in Subang, West Java on Monday (13/11). The construction, estimated to be completed by 2025, includes the Package 6 project involving the addition of a Container Pier spanning 419 meters, reclamation for…
South Pacific International Container Terminal (SPICT), a subsidiary of International Container Terminal Services Inc. (ICTSI), has strengthened its operations at the Port of Lae, Papua New Guinea, with the introduction of two state-of-the-art Mitsui hybrid rubber-tired gantries (RTG). These cutting-edge hybrid RTGs, powered by a combination of a compact diesel engine and lithium-ion battery, are…
Vietnam’s seaport throughput has made a notable recovery in the first 10 months of this year, according to a report by the Vietnam Maritime Administration (VMA). The total volume surpassed 624.55 million tonnes, marking a 3% increase compared to the previous year. The report reveals that while exports experienced a slight decrease of approximately 1%,…
The capital city of Hanoi is actively pursuing initiatives to position itself as a prominent logistics hub within Vietnam and the broader Southeast Asian region. With its strategic location in the heart of the northern key economic region and well-established transport connectivity through road, sea, waterway, railway, and air transportation, Hanoi holds significant potential for…
Bangkok Bank (BBL) stands ready to support its clients in navigating the high-growth ASEAN region amid global economic uncertainties. The International Monetary Fund (IMF) reports a substantial surge in ASEAN’s GDP growth, from 3.4% in 2021 to an impressive 5.7% in 2022. The region’s economic growth is anticipated to continue, with a projected 4.2% in…
