Indonesia shows maritime ambition with $6 billion port plan

Indonesian President Joko Widodo is targeting almost $6 billion in projects to expand ports across the world’s biggest archipelago, where investors are deterred by logistics costs that amount to a quarter of the economy. Mr Widodo, known as Jokowi, plans to expand five ports on the nation's main islands, seeking to reduce shipping delays [...]

2021-08-31T14:52:39+08:00September 24th, 2020|Categories: News feed|Tags: , , |

Hong Kong Container Volume Dips for Third Straight Month

Hong Kong container port has seen year-over-year container volume growth decelerate for three consecutive months. Numbers from the Marine Department of the Hong Kong Special Administration Region show Hong Kong handled throughput of 1.8 million TEUs in September, down 7.3 percent from September 2013. Hong Kong's year-to-date volume totals 16.8 million TEUs, up 1.5 [...]

2021-08-31T15:20:34+08:00September 24th, 2020|Categories: News feed|Tags: , , , , |
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