Business Continuity

Indonesian Police Foil Crude Oil Theft

Supply Chain Resilience NewsJune 17, 202533Views 0Likes 2Comments

Authorities have uncovered a crude oil theft operation involving three suspects who tapped into a trunk pipeline in Payakabung Village, North Indralaya District, Ogan Ilir Regency, on Monday, June 9, at around 1:30 a.m. WIB. Head of the Criminal Investigation Unit of the Ogan Ilir Police, stated that the case was discovered following a report…

Shipping Industry: Insurance Coverage on the Rise

Supply Chain Resilience NewsSeptember 15, 2023334Views 0Likes 1Comment

The global order of sea trade is at risk due to geopolitical divisions. The ongoing war in Ukraine has already disrupted shipments of energy and grain from Russia. A potential invasion or blockade of Taiwan could have the same effect on trade in East Asia. However, insurance coverage does not currently account for the possibility…

An Automotive Manufacturer’s Japan Production at Standstill as System Failure Hits All 14 Assembly Plants

Supply Chain Resilience NewsSeptember 4, 2023259Views 0Likes 0Comments

The world's largest automaker, a multinational automotive manufacturer, has temporarily shut down all 14 of its assembly plants in Japan due to a malfunction in its production system. This has resulted in a complete halt to domestic output. While the cause of the glitch is being investigated, a spokesperson has stated that it is unlikely…

Technology Companies Halt Laptop Imports to India After Sudden Curbs

Supply Chain Resilience NewsSeptember 1, 2023267Views 0Likes 1Comment

Following an abrupt ban on inbound shipments without a license by the Indian government, multinational technology companies have decided to halt the import of laptops and tablets to India. Regulators surprised major PC makers by making licenses mandatory for importing electronics, ranging from small tablets to all-in-one PCs. While laptop makers had anticipated some government measures…

Mine Attack on a Freight Train Delays Yangon-Mandalay Passenger Express Train Schedules

Supply Chain Resilience NewsSeptember 1, 2023306Views 0Likes 2Comments

According to the Station Master of Yangon Railway Station, on August 18, a mine attack targeted a freight train traveling from Mandalay to Yangon. This incident led to temporary suspension of the Yangon-Mandalay passenger express train schedules. The specific train involved was the 924 downstream train, and the explosion occurred between Kanyut Kwin and Taw Kywein…