Indonesia’s leading port in both international and inter-island trade Tanjung Priok suffered a 5.13% throughput drop in first two months (January-February) 2020.
Data released by the state port operator PT Pelabuhan Indonesia II/IPC said the container volume during the period reached 992,000 TEUs (twenty feet equivalent unit), down by 53,000 TEUs (-5.13%) year on year, from 1,045,000 TEUs in January-February 2019.
“The drop was the effect of covid-19 (coronavirus) that has significantly hit the manufacturing activities in China, resulting in a drop of trade volume between China and other countries, including Indonesia,” IPC Director for Business Transformation Ogi Rulino said late last week (Friday, March 20).
But Ogi was optimistic the volume would come to normal in next several months, following the industry and manufacturing activities in China that had started operation and would expectedly come to normal by the end of this month.
Up to date, IPC had not corrected its yearly throughput target in 2020. Ogi said the management was still ‘wait and see’ and eyeing the global economic growth in two to three months to come.
“We continue to watch the situation in China, especially on its industry and manufacturing activities since this country provides high contribution to the container volume in Tanjung Priok and, other Indonesia’s port, of course,” he said.
IPC has set up throughput target in 2020 which was contracted to 8.1 million TEUs, in which Tanjung Priok was expected to contribute the highest.