A number of joint ventures between Indonesia and foreign partners are in the news this week. China-Indonesia ‘Two Countries, Twin Parks’ Project The “Two Countries, Twin Parks” project has been built, boosted by the China-proposed Belt and Road Initiative (BRI), an example in deepening China-Indonesia trade and economic cooperation. The Industrial Parks: China designated Yuanhong …
KJL Signed Up to Handle Goods at Patimban & Balikpapan. PT Krakatau Jasa Logistik (KJL) has signed a Memorandum of Understanding (MoU) with PT Indika Multi Niaga regarding the marketing and handling of goods at Patimban Port, Subang, West Java and the Port of Kariangau, Balikpapan, East Kalimantan. “This MoU strengthens and proves that KJL …
Central Airlines has begun operating a new cargo route between south China’s metropolis of Shenzhen and Jakarta. The service is operated six times a week, with a weekly transportation capacity in excess of 120 tonnes. The type of aircraft to be permanently employed on the route is pending confirmation, however, cargo carrier Central Airlines currently …
As an importer in Indonesia, having a shipment held in customs that causes a delay in delivery can destroy your reputations and incur cost in terms of revenue loss. Local customs brokers are acquainted with the procedures and required format of the documentation. At a minimum, the overseas shipper must provide a pro-forma invoice, commercial …
Indonesia is trying to position itself as a new centre for electronic vehicle production, and car-making giants such as Volkswagen are keen to take advantage. As we reported last week, there are signs that Indonesia is well positioned to make trade gains that have been lost by China. The EU and Indonesia are pushing to …
Indonesia Poised to Become New Car-making Centre Read More »
A report carried this week by Forwarder Magazine and Hellenic Shipping News suggests that Indonesia – along with India and Vietnam – is set to benefit as China-US tensions escalate and trade flows are reshaped. The idea is based on an episode of The Freight Buyers’ Club podcast, produced with the support of the Dimerco …
Through an Indonesian initiative, the International Maritime Organisation (IMO) has established ‘Guidelines for Port State and Flag State on How to Deal with Seafarer Abandonment Cases.’ The Guidelines have been promoted by Indonesia since 2020, along with China and the Philippines, and were adopted by the IMO at its 110th Legal Committee meeting in London …
The Container Control Programme (CCP) was established by the World Customs Organization (WCO) in 2004. The WCO has 185 Members, three-quarters of which are developing countries, and is responsible for managing more than 98% of world trade. Indonesia is a member of the Asia Pacific Region of the WCO. The goal of the CCP is …
Last week, PT Rusky Aero Indonesia, a newly launched cargo airline doing business as Raindo United Services, signed lease agreements for two 737-800 Boeing Converted Freighters (BCF). The 737-800-BCF freighter is a standard-size passenger aircraft that has been overhauled for dedicated cargo operations, typically operated on short- and medium-haul shuttle routes. Both planes will be …
Recently we reported on progress at the new Indonesian capital, Nusantara. Balikpapan will be the seaport servicing the new city. Located on the east coast of Borneo, it is currently the financial centre of the region, with the largest economy in Kalimantan. Last week, the Ministry of Transportation officially granted assignment and concession rights for …
Port Service Rights Granted at Balikpapan Terminal Read More »
