News

The freight and logistics branch of the French national railways (SNCF Logistics) has decided to develop new partnerships with France’s river and sea ports.

Last month, Gabon’s President, Mr Ali Bongo, officially inaugurated the New Owendo International Port (NOIP), some 18 kms south of Libreville. The new facility first opened for business in June 2017 and offers a 25% reduction in handling costs while doubling Owendo’s capacity. It provides extended transatlantic opportunities for trade and should result in a reduction in the cost of living for the Gabonese who rely heavily on imported goods.

Following the grounding of a cargo vessel in the Java Sea, “KTC 1”, off Karang Jamuang channel on last Thursday, 5 October 2017, Budd Indonesia wishes to advise the following:

The Gulf of Guinea is a vital zone to the international shipping industry, and maintaining its security is in the interests of all African countries and their economies

As reported last year, on 1 January 2016, as per the Bulletin Officiel des Finances Publiques-impôts of 12/05/15, French tax law made it mandatory for all companies wishing to exonerate services carried out to meet “the direct needs of vessels and their cargo” from VAT

When riots first started in the mining town of Boke, Guinea, on 12 September 2017, there was no direct effect on the port of Kamsar.

A general strike, referred to throughout the city of Conakry as “Operation Ville Morte” has been called for this Thursday, 21 September 2017 to protest against the government’s failure to introduce reforms announced in 2015.

After the violence of August’s anti-government protests and the exceptionally high numbers of demonstrators on the streets in Lomé on 6 and 7 September, Budd’s Lomé office reports that the situation is quieter today (8 September).

Since yesterday (3 August 2017), about 650 workers at the Jakarta International Container Terminal (JICT) in Indonesia’s main port, Tanjung Priok port in North Jakarta, have been on strike. Among other things, they are demanding the payment of bonuses and contract renewals.

Indonesia’s government revealed the newly-designated “North Natuna Sea” on 14 July 2017 when it unveiled a new officical map of the National Archipelago.