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Latest NewsMaritime Indonesia, Malaysia Plans New Maritime Trade Route By Business Monitor October 7, 202646 views ShareTweet 0 Indonesia and Malaysia are considering launching a new maritime route between Belawan and Johor to improve cargo movement and deepen economic ties. BERNAMA, a TV BRICS partner, reported that the proposed sea link would be used to transport industrial and consumer goods, as well as bulk cargo between the two countries. It said discussions were underway with shipping operators, cargo owners and logistics companies to determine the most commercially viable routes and develop an appropriate transportation arrangement. Belawan Port, in North Sumatra, is a major gateway for Indonesia’s maritime trade and serves the northern part of the island. Under the proposed arrangement, cargo transported through Johor could gain access to the Malaysian market and subsequently be moved through existing maritime networks to other Asian destinations. The initiative is expected to improve maritime connectivity, facilitate trade and create new opportunities for logistics operators in both countries. Indonesia and Malaysia share close economic and geographical ties, with maritime transport serving as a key channel for bilateral commerce.
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Former Cameroon striker, Patrick Mboma, converts to Islam, changes name to Abdul Jalil after marrying Muslim woman May 16, 20221389 views
Nigeria’s capital market closes trading with N101bn loss as investors extend sell-off May 18, 20221305 views
BREAKING: Peter Obi, PDP presidential aspirant, resigns from party (See letter) May 25, 20221262 views