PT Kalbe Farma Tbk (KLBF), through its subsidiary PT Enseval Putera Megatrading Tbk (EPMT), namely PT Mostrans Global Digilog, signed a Memorandum of Understanding with PT Samudera Indonesia Tbk (SMDR) to develop digital innovation in the logistics sector. Under the Memorandum of Understanding, SMDR will invest 20% of ownership in Mostrans. “Disruption in the digital…
The volume of domestic sea transportation in June 2022 was recorded at 26.75 million tons which grew 1.33 percent from June 2021. The throughput of non-containers in the first half of 2022 was recorded at 74 million tons, which grew 4 percent from the first half of 2021, which was 72 million tons. The volume…
Central Bureau of Statistics (BPS) noted that the Indonesian economy in the second quarter of 2022 grew by 5.44% compared to the second quarter of 2021 (YoY). Growth occurs in almost all business fields. The business fields that experienced the highest growth were Transportation and Warehousing at 21.27%. Chairman of Supply Chain Indonesia (SCI) Setijadi…
A.P. Moller – Maersk (Maersk) delivered record results in Q2 2022. Revenue increased by 52%, and earnings more than doubled in the same quarter last year. Results were driven by continued exceptional market conditions and sustained momentum from the strategic transformation focused on integrated logistics. Based on the solid performance in the first half of…
Wintermar Offshore Marine (Wintermar) has announced results for 1H2022. Total revenue was up 25%YoY to US$25 million, helped by higher chartered vessels revenue. Revenues rebounded in 2Q2022 by 39% QtoQ as several vessels commenced operations after delays in 1Q2022. All Divisions turned a positive gross profit for the 2nd quarter, reflecting higher demand for OSVs….
Indonesia’s leading shipping line Samudera: PT Samudera Indonesia Tbk (SMDR) recorded a fantastic financial performance in the first half (H12022). Its revenue, operating profit, net profit, and EBITDA grew fantastic, the highest in the company’s history. The company booked revenue of US$ 551.2 million, increasing 101% yearly (YoY), a positive signal to reach its yearly target of US$…
After rebranding to become ‘terminal nonpetikemas’ (non-container terminal) for a more focused business, PTP continues to transform in many aspects. What, why, and how does PTP manage these changes? Regarding the merger that was conducted in October last year, Pelindo has determined a new business model with a focus on four clusters: Containers, Non-Containers, Marine…
Experts say the shipping industry will have to decarbonize rapidly to keep global average temperature increases below the critical threshold of 1.5C and find alternative green fuels to the polluting diesel that currently powers most vessels. To keep 1.5C alive, global emissions will need to peak by 2025, halve by 2030, and reach net zero…
