Despite Challenges, American Club Experiences Stability with the 2024 P&I Renewal

The American Club has reported relatively moderate drops in the year-on-year renewal results, which reflect overall stability within the context of recent challenges as well as its de-risking strategy. The gross tonnage for the Club’s Class I (mutual P&I) entries stands at 22.5 million, down by approximately 2.5 million compared to inception one year earlier,…

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INSA Jaya Hosts CEISA 4.0 Workshop

Indonesia National Shipowners’ Association Chapter Jakarta (INSA Jaya), in cooperation with Directorate General of Customs and Excise at the Ministry of Finance, hosted workshop on CEISA (Centralized Integrated Inter-Connected Automated) 4.0. The workshop taking place for two days (December 18-19, 2023) at Sunlake Hotel Jakarta is addressed for shipping lines and shipping agents homebased in…

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INSA Inaugurated New Executive Boards of 12 Chapters

On the sideline of its 18th General Meeting (RUA XVIII), Indonesia National Shipowners Association (INSA) inaugurated the executive boards of 12 regional chapters DPC. INSA Chairwoman Carmelita Hartoto directly led the inauguration process. The 12 DPCs include Medan (North Sumatera), Dumai, Padang (West Sumatera), Bengkuku, Tanjung Balai Karimun, Cirebon, Gresik, Balikpapn, Kota Waringin Barat,  Denpasar,…

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INSA Calls for Synergy Between Shipping Industry and Government to Face Challenges of “Indonesia Maju”

Carmelita Hartoto, the Chairperson of the Central Board of the Indonesia National Shipowners Association (INSA), passionately rallied maritime industry players and government officials to forge a collaborative path toward realizing the vision of an advanced Indonesia. This call to action resonated during the 18th General Meeting of Members (RUA) held in Surabaya on Friday, December…

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IPCM’s Impressive 27.87% Revenue Surge to IDR 858.11 Billion in 9M-2023

PT Jasa Armada Indonesia Tbk (IPCM) released its Annual Public Exposure for 2023 on November 30, 2023. The public exposure was presented by the President Director of IPCM, concurrently the Director of Commercial and Business Development, Shanti Puruhita, the Director of Fleet and Operations, Muhammad Iqbal, and the Director of Finance and HR, Reini Delfianti….

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ISAA Hands over Certificates of IMDG Code just Two Weeks After Training

Indonesia Shipping Agents’ Association (ISAA) today, November 30, 2023, had delivered certificates on IMDG Code (International Maritime Dangerous Goods Code) to participants who joint the training on the code on November 6-10, 2023. The certificates were ready just more than two weeks after the training, thanks to ISAA efforts that continuously encouraged the authority –…

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Mongolia Unveils Ambitious Plans for Seven New Dry Ports to Boost Regional Trade

In a strategic move to harness its rich resources and foster economic development, Mongolia announces the ambitious construction of seven new dry ports aimed at expanding trade with regional powerhouses China and Russia. The Minister of Road and Transport Development, Sandag Byambatsogt, revealed these plans, highlighting the nation’s commitment to creating a robust economic corridor….

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Bintulu Port Holdings Bhd: Q3 2023 Net Profit Soars to RM32.49 Million

Bintulu Port Holdings Bhd, a leading port operator, announced robust financial results for the third quarter ended September 30, 2023, with a remarkable net profit increase to RM32.49 million from RM28.66 million in the corresponding period last year. While the revenue for the quarter witnessed a slight dip, amounting to RM186.53 million compared to RM198.13…

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