In recent years, the logistics industry has encountered dynamic challenges, requiring adaptability and strategic agility, as exemplified by Ocean Sky Line (OS Line) in this narrative. Since 2020, the world has witnessed a series of impactful events including a pandemic, soaring inflation rates, conflicts in Ukraine and Gaza, and natural disasters, all of which have…
IPCM (PT Jasa Armada Indonesia Tbk./JAI) continues to satisfy shareholders, evidenced by increasing EPS and dividend yield, thanks to a better fundamental performance post-Pelindo merger. Shareholders of IPCM (PT Jasa Armada Indonesia/JAI) – a subsidiary of PT Pelindo Jasa Maritim Subholding (SPJM) – enjoyed a significant increase in both earnings per share (EPS) and dividend…
Amid steady export-import activity during the last year (2023), Gateway Container Line (GCL) in Surabaya maintained positive growth in both shipments and revenue. This has reinforced its position as the dominant consolidator in East Java. For Gateway Container Line (GCL), a leading national consolidator, East Java (Surabaya) plays a pivotal role in overall corporate performance….
In “Facing a Challenging Market with a Customer-Centric Strategy,” Yulia Ningrum, S.E., Director of PT Link Pasipik Indonusa, unveils the secrets behind Link Pacific Logistics’ triumph amidst a turbulent logistics landscape. As the market grapples with dwindling volume and freight rates, Yulia reveals the pivotal role of a customer-centric strategy in their success. The edition…
President Director Bani Maulana Mulia shares the key strategies that have enabled Samudera Indonesia, a business conglomerate in the transportation and logistics sector, to maintain a leading position in the industry for 74 years. The company, with a multi-billion dollar valuation, operates in six business lines, including logistics, shipping, ports, shipyards, property, and services. The…
The Pertamina Mandalika International Circuit in Lombok, West Nusa Tenggara, successfully hosted the prestigious MotoGP Mandalika race or IndonesianGP 2023 from October 13 to 15, 2023, marking a significant achievement for Indonesia. The event not only signaled a positive impact on tourism and the local MSME economy but also showcased Indonesia’s prowess on the international…
Embark on a captivating narrative that unfolds the remarkable transformation of Terminal Teluk Lamong (TTL), East Java’s dynamic container terminal. From its inception in 2014, TTL has been a beacon of innovation, offering a cutting-edge and eco-friendly port experience to shipping and cargo owners alike. Under the leadership of David Sirait, TTL navigates challenges with…
Amid the logistics industry slowdown this year, BS Line (PT Bintang Samudra Indonusa) has shown a positive performance. The company has reached over 140% of the yearly target and expects to achieve 200% by the end of this year. Such a fantastic achievement for a newcomer! The global economic slowdown in 2023 has significantly hit the transportation and…
The fall of Indonesia’s Logistics Performance Index (LPI) hit the government response as if it were the paradox of its logistics development programs. But business players still stay cool. The World Bank has just released the 2023 Logistics Performance Index (LPI), which placed Indonesia in 61st place out of 139 countries. The LPI measures how…
Shipping performance in the first half (H1) seems negative growth. The market is still uncertain in the second half of this year, though BIMCO (Baltic and International Maritime Council) expects a recovery. Global container volumes in the first half of 2023 show negative growth as head-haul and regional trade lanes have not yet recovered from…
