According to ISBA, shipbrokers can potentially contribute to increasing national logistics costs. By acting as operators, shipbrokers can increase vessel charter fees. Indonesian Shipbrokers’ Association (ISBA) is ready to guide and facilitate the operation of shipbrokers doing business within the country. In addition, this association is also ready to support the government to supervise their…
State-Owned Enterprises (SOEs) Ministry has just announced the merger of state port operators – PT Pelabuhan Indonesia (Pelindo) I, II, III, and IV. The four state port operators will be merged into one corporate – Pelindo. According to the SOEs Ministry, the merger will be effective next month, October 1, 2021. Will the merger have…
Chaos in the container shipping industry is still going on. Two main issues have hearted the industry: container shortage and uncontrol freight rate rise. The container shortage has become a global container shipping issue. Though it is debatable, this issue has been blamed as the main trigger of the uncontrol freight rate rise. These problems…
As old wise words have said, in any problems and challenges there are always opportunities. Within the problems of shipping and logistics due to the Pandemic Covid-19 outbreaks, there are always business opportunities. In our Cover Story of this September issue, our story relates to problems during the pandemic, including the freight rate hike that…
One of Pacific International Lines’ (PIL) magnificent 11,800 TEU P Class, built-in 2019 and among the largest vessels in PIL’s fleet, called at Singapore in July 2021, en route to Brazil from China. On this particular voyage, the ship was fully loaded, reflecting PIL’s capability in meeting the current demand for sea transportation around the…
Digitalization is now becoming the face of any activities, including in the sector of logistics, transportation, and freight forwarding, stevedoring, and cargodoring at ports/terminals. The whole business world is being transformed by new technologies and this one, in particular, is no exception. Digitalization is inevitable, unavoidable. A lot has changed in this industry. Manual services…
The Province of South Sulawesi (Sulsel) was able to record economic growth of 7.66 percent in the second quarter this year (Q2/2021). This figure is quite good considering that in the previous four quarters South Sulawesi’s economic growth contracted. One of the supporters of this economic growth is export performance. “The economy grew 7.66 percent…
Indonesian Government through its State-Owned Enterprises (SOEs) Ministry has just announced the merger of state port operators – PT Pelabuhan Indonesia (Pelindo) I, II, III, and IV. The four state port operators will be merged into one corporate – Pelindo. On today’s virtual press conference (Tuesday, September 1), Vice SOEs Minister II Kartika Wirjoatmodjo officially…
PT Angkasa Pura Logistik (APLog), a subsidiary of PT Angkasa Pura I (Persero), expanded their business by launching a collection point service of their business unit (SBU) SiAP! Express in Bandung, West Java. Courier and Express collection point service is not a new service for APLog. Bandung is the eighth collection point launched by (SBU)…
PT Samudera Indonesia Tbk (SMDR) is optimistic to book revenue of USD500 million for the whole year of 2021 as the financial performance until July has shown a very satisfying growth, thanks to high growth volume and a very good freight rate in oceangoing trade during the period. This public listed company and Indonesia’s leading…
