Indonesia’s plans to invest in infrastructure will pay off as the Southeast Asian country attracts cost-driven manufacturers moving their production out of China, according to Jakob Sorensen, president director of Maersk Line Indonesia.
07 May 2015
APL Logistics is not standing still while its acquisition by Kintetsu World Express (KWE) is finalized and today announced plans to expand its presence in Indonesia, the second major investment since being sold.
04 May 2015
The first major step towards Indonesia’s goal of building a huge maritime network across the island nation will be made later this year when the Indonesia Ports Corporation (IPC) nominates a single contractor to deliver 35 new or improved ports.
23 Mar 2015
A Mediterranean Shipping Co. container ship and a bulk carrier were attacked in separate but possibly related incidents off the coast of Indonesia, according to the intergovernmental anti-piracy office ReCAAP.
11 Mar 2015
Indonesia’s logistics and forwarding markets are on the brink of a new era — if it can secure billions dollars of investment for its antiquated and overburdened infrastructure.
16 Jan 2015
Kerry Logistics has formed a joint venture with Indonesia’s PT Puninar Saranaraya (Puninar Logistics) as it expands its business in Southeast Asia’s largest economy.
19 Dec 2014
Indonesia’s largest port operator Pelabuhan Indonesia II (IPC) will partner with PSA International, Japanese investment company Mitsui & Co. and NYK Line to construct and operate a container terminal at Jakarta’s Tanjung Priok port.
16 Dec 2014
Indonesia’s marine-highway program — a bold $55.4 billion plan to develop 24 commercial seaports, over a thousand non-commercial seaports and procure vessels — is facing a revision as some ports in the proposal may not be suitable for handling containers.
03 Nov 2014
A $1 billion offering next year will finance the construction of three new ports in Indonesia by 2017, the state-owned port operator said today.
23 Oct 2014
Footwear importers last year paid $2.5 billion in duties, which are meant at least in part to protect domestic producers from low-cost imports, but in reality footwear accounts for a tiny percentage of U.S. jobs.
03 Oct 2014
U.S. imports of wooden bedroom furniture by dollar value have increased for four consecutive quarters, driven by an ongoing recovery in the real estate market and falling national unemployment numbers...