PT Pelabuhan Indonesia (Persero), a state-owned enterprise (BUMN) specializing in port operations, is pleased to announce remarkable export performance growth following a two-year merger that became effective on October 1, 2021. This growth is particularly notable in Regional 4, which oversees operations in 22 ports within the Eastern Indonesia region. The noteworthy expansion in export…
Ocean Network Express Ltd. (ONE), a global leader in container shipping, has unveiled its financial performance for the second quarter of 2023. The company reported a 62% decrease in revenue, amounting to $3.54 billion. Despite some positive developments in cargo movement during the month of August, ONE has faced challenges stemming from weak general consumption…
PT Jasa Armada Indonesia Tbk (IDX: IPCM) is proud to announce its outstanding financial results for the first nine months of 2023. The company has exhibited substantial growth and resilience in a challenging economic environment, showcasing its commitment to excellence in maritime services. In a notable achievement, IPCM reported a remarkable 27.87% increase in revenue,…
Humpuss Maritim Internasional Tbk (HUMI), a company specializing in energy transportation and integrated maritime services, has announced impressive financial results for the third quarter of 2023. The company achieved a net profit of $11.6 million USD during this period, marking a substantial 33.7% increase compared to the same quarter in the previous year when the…
PT Hasnur Internasional Shipping Tbk. (HAIS), a prominent leader in the Indonesian logistics and maritime transportation sector, has reported extraordinary financial achievements during the first three quarters of 2023. The company’s net profit, totaling Rp118.97 billion, has surged by an impressive 51.60% compared to the same period in 2022 when it stood at Rp78.48 billion….
PT Pelabuhan Indonesia/Pelindo (Persero) recorded a net profit of IDR 3.9 trillion (audited) in 2022, which grew 23% compared to 2021 (YoY). Pelindo stated that this performance was one of the indicators of the outcome of the Pelindo merger in October 2021, which allows for synergy within the Pelindo Group entities through consolidation and optimization…
Amid the economic pressures in the last few years that significantly disrupted the logistics and forwarding business, Gateway Container Line (GCL) is running steady, even better. Its revenue and profit grew higher and exceeded the target. Coming to its 13th anniversary this year, Gateway targets to be the biggest export consolidator in the country. Global…
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….
