Philippines-Indonesia Shipping Route Soon

February 12, 2017

  The Department of Transportation (DOTr) announced plans to open a shorter shipping route between the Philippines and Indonesia, a move meant to strengthen trade relations between the two neighboring countries, reported  Manila Times.

 
The maiden voyage scheduled on April 28 will originate from Davao City, the hometown of Philippines President Rodrigo Duterte.
 
Agricultural products will be among the first batches of cargo to be transported on the new shipping route, the trade department said. It is expected to generate savings of up to USD1,500 (PHP75,000) per twenty foot equivalent unit (TEU) creating revenue for local businessmen and the government.
 
The opening of a shorter sea linkage is expected to strengthen trade relations between the Philippines and Indonesia, as well as stimulate other areas of developments such as foreign investments and tourism. 
 
The current shipping route from Davao City in Mindanao takes up to 5 weeks because ships first have to sail northwards to Manila and then cross the West Philippine Sea (South China Sea), passing through Malaysian waters, before it reaches various ports in Indonesia. Its final stop is in Bitung City in the northern coast of Sulawesi Island, based on a map provided by the DOTr.
 

Logistics News

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Subscribe for Maritime Logistics Professional E‑News

Chinese exporters are preparing to move goods to the US as soon as trade talks start.
Mitsubishi Heavy's operating profit grows 10% this year due to robust defence demand
Asian spot LNG prices are rising but Chinese demand is still muted