For Terminal Teluk Lamong (TTL), the second biggest terminal in Tanjung Perak in view of container throughput, longer waiting time due to big waves within the channel and basin is not a problem anymore. Since August this year (2023), there has been zero waiting time, thanks to smart ways this terminal has been taken in…
The Pelindo IT system has fully recovered and returned to normal after more than three days of getting into trouble. It reported that the IT system was disrupted late last week (Friday, September 1), forcing the terminals at Indonesia’s biggest port, Tanjung Priok, to provide some services manually. However, Pelindo explained that the operation usually…
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…
Many reports from the shipping lines and logistics providers have said that, mostly, their achievement was down by over 50% in the first half (H1 2023), compared to the same period in the previous year (H1 2022). Most of them also failed to reach their yearly target. In average, shipping and logistics companies’ achievement ranged…
Until July this year (2023), total vessel traffic of 12 ports of Pelindo Regional 2 increased 12.8% y-o-y to 178.2 million GT, from 157.9 million GT in the same period last year. However, the throughput seemed steady, in which the non-container was up to some extent, while the container was slightly down. The 12 ports…
ACM Logistics will handle warehouse management for PT Cipta Usaha Nagari (CUN), following the contracts they have signed. Reported that the two parties signed the contracts on August 25, 2023. PT CUN is an authorized cooking oil distributor serving all areas nationwide. ACML Director Rizky Adhi Prasetyo said that the contract would create recurring income…
Total Gross Profit increased 140%YOY to US$5.4 million for the first half of 2023 (H1 2023), while total revenues were 24.4% higher at US$ 31 million, primarily driven by higher charter rates and additional fleet commencing operations. In the first half of 2023, Owned Vessel’s gross profit experienced an exceptional increase to US$ 3.1 million…
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…
Indonesia has made the 38th consecutive trade surplus since May 2020. However, this record, especially in June 2023, this trade surplus was mainly due to a sharp drop in imports. The months posted a $3.45 billion trade surplus as imports saw a double-digit decline, according to the National Statistics Agency (BPS). BPS data shows the…
PT Hasnur Internasional Shipping Tbk (HAIS), a leading marine logistics and transportation provider in Indonesia, announced its results for the first half of 2023 today. The company successfully recorded a net profit of IDR 87.44 billion in the first half of 2023, growing 93.9% compared to the achievement in the first semester of 2022, which…
