IPCC Extends Port Handling Agreement with HYUNDAI GLOVIS CO., LTD

In a significant move to reinforce their strategic partnership and enhance customer trust, PT Indonesia Kendaraan Terminal Tbk (IPCC) and HYUNDAI GLOVIS CO., LTD have extended their Port Handling Service Agreement. The agreement was formally inked on November 1, 2023, at the Hyundai GLOVIS headquarters in Seoul.

This extension of the partnership underscores IPCC’s commitment to delivering exceptional service and maintaining its strong reputation among existing customers, who have demonstrated their loyalty and trust in the company.

Sugeng Mukyadi, CEO of IPCC, emphasized that this strategic move is part of their efforts to fulfill the promises made to IPCC’s shareholders, with a focus on boosting the company’s performance in the upcoming year of 2024.

The signing ceremony was attended by senior representatives from IPCC’s management and HYUNDAI GLOVIS CO., LTD, with the agreement signed by Mr. Chan-Ho Yim, Senior Manager of the Procurement & Business Supporting Group.

This agreement is an extension of their previous collaboration, which commenced in 2021. During this partnership, IPCC has efficiently handled Hyundai Glovis cargo, including Completely Built-Up (CBU) units and heavy equipment. According to IPCC’s operational performance report for the third quarter of 2023, Hyundai Glovis has successfully handled over 40,000 units at IPCC facilities.

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Sugeng expressed his deep appreciation for Hyundai Glovis’ continued trust and partnership, extending into their third year of collaboration. He anticipates that IPCC will continue to provide top-tier services to satisfy customers, thus expanding mutually beneficial partnerships and collaborations in the future.

IPCC is optimistic that this ongoing collaboration will provide substantial added value for both companies in the future.