Box rates ease, but 'things may get worse for shippers before they get better'
It appears increasingly likely that the main east-west container trades have now entered an early ...
Tanjung Priok Port. © Paulus Rusyanto Dreamstime.com
Indonesia has joined a list of governments that have stepped in to support local shippers affected by capacity and equipment shortages in container shipping.
The Ministry of Trade has teamed up with the Indonesian Chamber of Commerce and Industry to secure shipping slots from mainline operators to transport goods from Indonesia to Los Angeles, New York, Savannah, Baltimore and Florida in the US, as well as China, South Korea, Japan and other Asian locations.
Trade minister Muhammad Lutfi said: “To solve the ...
Comment on this article
Budy Lim
October 07, 2021 at 2:26 amHopefully progress will be realized soon, not just talk or lip service. We exporters have been fired from the export business due to short container service.