Yang Ming Volume and Revenue Up in Q1, but Suffering Net Loss

May 12, 2018

Yang Ming Marine Transport Corporation (Yang Ming) enjoyed a volume growth and revenue growth in first quarter (Q1) 2018, but it suffered a net loss of USD 67 million, the company report said as quoted by hellenicshippingnews. The report that has been approved by the Board Meeting on 11th May said that this shipping line handled as much as 1.22 million TEUs in Q1, up 9% year over year. Its consolidated revenues of Q1 totaled USD 1.07 billion, up 2.58% compared with USD 1.04 billion in revenue from previous year. But, the company’s net loss, after tax, was USD 67 million, said the report.…See Details...

Shipbuilders Expecting Govt's Sustainable Programs in Vessel Procurement

May 08, 2018

Government is expected more seriously help the national shipbuilding industry and to facilitate this one of the nation's potential industry to overcome the obstacles faced by the industry for a very long time. Some contacted indsutry players affirmed to Indonesia Shipping Gazette of some government programs that directly created positive impact to the industry, including procurement of as many as 100 fleets for sea toll program in 2015. …See Details...

Agencies Expected to Be Professional toward World Class Agent

May 07, 2018

​Ministry of Transportation asks the management of shipping agency companies in Indonesia to manage the business professionally and optimally as an effort of maintaining ship and cargo traffic smoothness from and to the port.…See Details...

CEO Pelindo IV: 2.5 Years Building Connectivity, Price Disparity Getting Lower

May 07, 2018

State-owned port operator, PT Pelabuhan Indonesia IV (Pelindo IV) keeps developing connectivity at Eastern Indonesia Region (KTI) so that the supply of commodities in the region runs continuously. “We have been building connectivity in KTI for two years, and the result is, that the price disparity between eastern and western Indonesia regions is gradually decreasing and the consumer goods price has been down,” Doso Agung, the CEO of Pelindo IV said.…See Details...

Eddy Kurniawan Logam Reelected to Lead IPERINDO

May 04, 2018

Eddy Kurniawan Logam, the CEO of PT Logindo Samudera Makmur, is reelected to be the Chairman of Indonesia Shipbuilding and Offshore Industries Association (Iperindo) for 2018-2022 terms. Three names, Eddy K Logam from PT Logindo Samudera Makmur, Yance Gunawan from PT Dumas Tanjung Perak Shipyard and Askan Naim from PT Krakatau Shipyard became the candidates of the chairman during Iperindo’s Management Board election. The voting of Iperindo’s chairman for next four years term was held in the General Meeting of Members (RUA) of Iperindo on Thursday (5/3/2018).…See Details...

Ministry of Transportation Pushes Forward Enhancement of PBM Competency

May 03, 2018

​Ministry of Transportation expects all stevedoring companies (PBM) in Indonesian ports to keep focus enhancing human resources competency to make them able to produce a more efficient stevedoring service.…See Details...

Aptrindo Greatly Welcomes Auto Gate System in Tanjung Priok Port

May 03, 2018

​Indonesian Trucking Business Association (Aptrindo) salutes genially the plan of Tanjung Priok Port to apply non-cash port pass service through the implementation of Auto Gate System.…See Details...

Polair, DRU Launching the Biggest Patrol Vessel

May 03, 2018

Indonesia Water Police (Polair) and national shipbuilder DRU (Daya Radar Utama) launched the patrol vessel named KP Yudistira 8003, the biggest patrol vessel ever built by local shipbuilders and would become the biggest vehicle be deployed by Indonesia's Water Police Department. The launching taking place at the DRU dock, Tanjung Priok Jakarta, Wednesday, May 2, was remarkly led by Komjen. Pol. Drs. Moechgiyarto, S.H., M.Hum, Indonesia's Police Head for Security Maintenance Board (Kabaharkam) and President Director Amir Gunawan. …See Details...

CJ Logistics opens up its Eurasian 'Iron Silk Road'

May 03, 2018

Demand for the rail freight transport has been increasing lately because of its low cost and flexibility. …See Details...

Malta Freeport orders fifteen Konecranes RTGs

May 03, 2018

Malta Freeport Terminals, one of the busiest ports in Europe, has ordered fifteen Konecranes Rubber Tired Gantry (RTG) cranes as part of its steady expansion. The first cranes will be delivered at the end of 2018 and the rest during beginning of 2019.…See Details...