Public listed shipping company Samudera Indonesia Tbk (SMDR) recorded revenue as of May 2022 of USD 440.8 million, equivalent to IDR 6.56 trillion, or an increase of 95% over the same period in the previous year. Operating profit rose 303% to USD 148.2 million, and net profit increased 319% to USD 94.8 million. President Director…
The performance of PT Pelabuhan Indonesia (Persero) or Pelindo in 2021 after the merger managed to record a profit of IDR 3.2 trillion, an increase compared to the gain in 2020, which reached IDR 3 trillion. The net profit value also contributed to the rise in BUMN profits in 2021, earning IDR 126 trillion, or…
Logistics startup Deliveree has secured a series C funding of US$70 million (approximately IDR 1.03 trillion) led by Gobi Partners and Salam Pacific Indonesia Lines (SPIL) Ventures. Existing investors, Inspire Ventures, participated. Based on these data, the total funds collected over the last five years reached US$109 million, equivalent to IDR 1.6 trillion. Deliveree last…
State-owned shipbuilder PT PAL Indonesia will build two landing platform docks (LPDs) for the Department of National Defense (DND) of the Philippines after the two parties signed the contract in Manila on Friday, June 24. Chief Marketing Officer (CMO) of PT PAL Indonesia Willgo Zainar noted in a statement as Antara reported said that it…
Samudera – PT Samudera Indonesia Tbk (SMDR) – has revised its yearly revenue target as the trade demand again increased after the relaxation of the China lockdown and the freight rate was steady at a high level. These prospective indicators have supported Samudera to increase its 2022 yearly revenue target to US$ 1 billion, from…
Public listed shipping company Wintermar Offshore Marine (WINS) planned to disburse as much as US$ 13 million in total for this year (2022) for the completion of six vessels that have been started since late last year (2021). The booming drilling activities following the higher oil price have encouraged the corporate to make this investment, Wintermar’s top executive…
The CMA CGM Group, a global player in sea, land, air, and logistics solutions; and the Maritime and Port Authority of Singapore (MPA), on 22 June inked a Memorandum of Understanding (MOU) to initiate a collaboration on the development of capabilities and solutions across maritime Decarbonization, digitalization, and innovation. The MOU also seeks to prime…
IPC TPK, a Pelindo Terminal Petikemas Sub-holding subsidiary, continues handling some new services this year (2022). The call of MV Hammonia Lipsia at IPC TPK Terminal 3 Tanjung Priok marked the fourth new service since January this year. Routing route named Marco Polo (Taicang – Da Chan Bay – Jakarta – Salerno – Civitaveccia –…
Jakarta International Container Terminal (JICT) inaugurated the initial operation of two Quay Container Cranes (QCC) this morning, Wednesday, June 22, 2022, proving the commitment of this Indonesia’s leading oceangoing terminal to increase the productivity and do innovation toward the digital port. These QCCs worth $15 million in total that is produced by Chinese heavy equipment…
PT Temas Tbk (TMAS), an issuer providing marine transportation services and supporting services, will encourage increased productivity and transportation volume in 2022 in line with investments made in the fourth quarter of 2021. In 2021, the company recorded significant revenue and net profit growth compared to the previous year’s achievements amid the Covid-19 pandemic. Throughout…
