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ICAO: Continued passenger growth, robust air cargo demand in 2017

ICAO: Continued passenger growth, robust air cargo demand in 2017

Jan. 20 | A record 4.1 billion passengers were carried by the aviation industry on scheduled services in 2017, while air cargo made a strong recovery last year, according to the latest figures released by the International Civil Aviation Organization (ICAO). The...

Indonesian trade surplus expands to $11.8B

Indonesian trade surplus expands to $11.8B

Jan. 20 | Indonesia registered a surplus of US$11.84 billion in its international trade last year, larger than the previous year’s $9.53 billion and the biggest since 2013, the Central Bureau of Statistics (BPS) said. Head of BPS Suhariyanto said recently that...

Japan’s Big Three gets final approval to launch JV

Japan’s Big Three gets final approval to launch JV

Jan. 20 | Japanese ocean liners Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL), and Nippon Yusen Kabushiki Kaisha (NYK) announced they have completed securing all the approvals needed to launch their new joint venture (JV) company in April. The three...

Maritime piracy reaches 22-year low—report

Maritime piracy reaches 22-year low—report

Jan. 18 | A total of 180 incidents of piracy and armed robbery against ships were reported to the International Chamber of Commerce’s International Maritime Bureau (IMB) in 2017. According to the latest IMB report, 2017 has the lowest annual number of incidents...

Thailand removed from US notorious markets list

Thailand removed from US notorious markets list

Jan. 17 | Thailand’s efforts to crack down on intellectual property (IP) violations have been recognized by the United States, which recently published a report that left Thai markets out of its list of notorious IP-infringing markets, said a Thai government...

FedEx Shanghai express and cargo hub starts operations

FedEx Shanghai express and cargo hub starts operations

Jan. 17 | Global express transportation company FedEx Express (FedEx) recently announced the official opening of its new Shanghai International Express and Cargo Hub located at Shanghai Pudong International Airport. The facility provides greater connectivity and...

Maersk, IBM to form blockchain JV to digitize global supply chains

Maersk, IBM to form blockchain JV to digitize global supply chains

Jan. 16 | Transport and logistics giant A.P. Moller-Maersk and IBM, a blockchain, supply chain, and interoperability solutions provider, announced January 16 plans to establish a joint venture (JV) to provide more efficient and secure methods for conducting global...

MPA roadmap to steer Singapore’s new vision as global maritime hub

MPA roadmap to steer Singapore’s new vision as global maritime hub

Jan. 15 | Singapore has unveiled its maritime industry roadmap with the aim to grow the sector’s value-add by SGD4.5 billion (US$3.4 billion) and create over 5,000 jobs by 2025. The Sea Transport Industry Transformation Map (ITM)—which will drive Singapore’s...

Indonesia releases anti-dumping report on VN, China steel

Indonesia releases anti-dumping report on VN, China steel

Jan. 15 | The Indonesian Anti-Dumping Committee (KADI) recently announced a statement of essential facts on the anti-dumping investigation of color-coated steel sheets imported from Vietnam and China, according to the Ministry of Industry and Trade. Accordingly,...

China box port posts 66% profit hike on strong volume traffic

China box port posts 66% profit hike on strong volume traffic

Jan. 15 | Shanghai International Port has reported fast growth in net profit last year as trade growth pushed up shipping demand. In a recent unaudited report filed with the Shanghai Stock Exchange, the company said net profit attributable to shareholders in 2017...
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