Transpacific rates war breaks out as new arrivals undercut major liners
A rates war on the Asia-US West Coast tradelane is under way, as newcomer transpacific ...
The Indonesian government is again revisiting a plan for a container terminal on Batam island, just 40km south of Singapore, the world’s second-busiest container port.
During a visit to the proposed location, in the Batam Free Trade Zone and Free Port in Tanjungpinggir, Sekupang Sub-district on Monday, co-ordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said the port could help save logistics costs, which are higher in Indonesia than in neighbouring countries.
Over decades, there has been talk of developing ...
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