Indonesia Economy Forum

[DarkElf]

I do agree that more competition mean better price & option for customer. I don't know what the real reason behind the regulation. What about safety reason in public transport business? shipping for cargo and public transport by the sea is considered vital and can be dangerous if managed carelessly, just like the air transport. The fatality can be substantial if bad thing happen on the sea.

We all familiar with 'sinking overcapacity boats' story. That's alone is an enough reason to tighten the regulation and force the players in shipping business to operate more professionaly and bring more safety factor into consideration.

Maybe the intention is good just like you said, but it's definitely overkill. One thing we need to remember, a ship is expensive, so the owner already have all the incentive needed to not get any accident, especially for small shipping company, one big accident can make the owner bankrupt and/or even go to jail. IMO Better regulation and inspection is the answer not some arbitrary number.

Beside 50m is way too high, a company already can be profitable with 2 ships and attentive owner who care about his customer need/request.

Also Lion Air is a good lesson that there's no real correlation between size and professionally. Plenty other smaller regional airline has a better track record than Lion. Oh yeah, the air industry also have similar regulation now, ironically there won't be a Susi Air (and maybe a Susi Pudjiastuti as Jokowi's minister) today, if the regulation already implements in 2000's

 

[pr1v4t33r]

Maybe the intention is good just like you said, but it's definitely overkill. One thing we need to remember, a ship is expensive, so the owner already have all the incentive needed to not get any accident, especially for small shipping company, one big accident can make the owner bankrupt and/or even go to jail. IMO Better regulation and inspection is the answer not some arbitrary number.

Beside 50m is way too high, a company already can be profitable with 2 ships and attentive owner who care about his customer need/request.

Also Lion Air is a good lesson that there's no real correlation between size and professionally. Plenty other smaller regional airline has a better track record than Lion. Oh yeah, the air industry also have similar regulation now, ironically there won't be a Susi Air (and maybe a Susi Pudjiastuti as Jokowi's minister) today, if the regulation already implements in 2000's

That's why i think joint venture is a preferable option for relatively small shipping business operator. This kind of policy is kinda expected from jonan. this is inline with his response toward lion air incident. Whether this bring more good than harm is still need to be seen in the future.

 

[DarkElf]

That's why i think joint venture is a preferable option for relatively small shipping business operator. This kind of policy is some kinda expected from jonan. this is inline with his response toward lion air incident. Whether this bring more good than harm is still need to be seen in the future.

IMO a good rule should encourage entrepreneurship and safety, also not raising the bar to enter the industry to almost impossible level and creating too big to be punish player.

 

[Indos]

IMO a good rule should encourage entrepreneurship and safety, also not raising the bar to enter the industry to almost impossible level and creating too big to be punish player.

yup, I am agree on you, I think that our finance minister is not really a good one, in energy sector he also has a dumb policy by making oil price (premium) get floating, it will result in more inflation, better not to decrease the price even though international oil price is going down. Oil from Shell and others also need to be regulated in order to be in line with the broaden policy.

About the shipping industry, yup, It is better to keep the industry with so many players in side, it will good to keep inflation low as well. The next thing needs to be done by government is to raise tax for imported steel. Krakatau Steel is bleeding right now. Cheap steel from China can hurt our steel industry and I dont care about the trader whose effort is only to import. On the other side, the industrialist needs to be helped, some ones who really make products or services.

 

[pr1v4t33r]

116 Km (Cikampek-Palimanan) Toll road section will be inaugurated June 10th.

 

[pr1v4t33r]

New Merak-Bakauheuni 5000 GT Class Ferry Crossing Vessels owned by The Ministry of Transportation of Indonesia

Official sea trial of KMP Batumandi, a ferry 5000 GT class owned by The Ministry of Transportation of Indonesia at Sunda Strait. The ferry achieves 18.0 knot in average trial speed with 80% displacement and 100% MCR main engines (2x3500HP). Build by Daya Radar Utama Shipyard.

Official sea trial of KMP Legundi, a ferry 5000 GT class owned by The Ministry of Transportation of Indonesia at Java Seas. The ferry achieves 18.0 knot in average trial speed with 80% displacement and 100% MCR main engines (2x3500HP). Build by Dumas Tg.Perak Shipyard.

Official sea trial of KMP Sebuku, a ferry 5000 GT class owned by The Ministry of Transportation of Indonesia at Bangka Straits. The ferry achieves 18.3 knot in trial speed with 80% displacement and 100% MCR main engines (2x3500HP). Build by Mariana Bahagia Shipyard.

 

[pr1v4t33r]

Sinking Indonesia Docks, Idle Ships Spur $6 Billion Port Revamp

President Joko Widodo wants to cut logistics costs to drive domestic trade and increase exports.

Widodo, who took office in October and is universally known as Jokowi, is investing $6 billion in the seafaring nation’s ports. It’s a small start. He estimates it will take $450 billion to fix his country’s infrastructure—outmoded dams, airports, and rail lines. The tangled logistics in the world’s fourth-most-populous nation can cause absurd anomalies. It’s cheaper to import oranges from China to Jakarta than to transport the fruit domestically from Borneo, a quarter of the distance. In Semarang, it can take 10 days to move materials through the container port, forcing manufacturers to hold bloated inventories. “There’s no reliability, no regular frequency, so you cannot do ‘just in time,’” says Richard Lino, CEO of state port company Pelabuhan Indonesia II. He sees progress under Jokowi: “It’s completely different because we have 100 percent support from the top.”

more: Widodo Overhauls Indonesia's Ailing Ports in $6 Billion Makeover - Bloomberg Business
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PT PAL to Produce 500 Commercial Vessels

Presidential chief of staff Gen. (ret.) Luhut Binsar Panjaitan said state-owned shipmaker PT PAL Indonesia would receive Rp25 trillion ($2B) from the government to produce around 500 commercial vessels in the next five years. “The funds are now Rp25 trillion and there could be more as our economy grows,” Luhut told reporters in Surabaya on Thursday.

The funds are expected to be disbursed in the near future following approval from the Finance Ministry. “The processes left are through the State Secretariat and the president,” said Luhut.

According to Luhut, the funds were granted to PT Pal as the company would build Indonesia’s shipping industry. “I saw the manufacture of warships and they were being constructed by our own nationals,” said Luhut.

Luhut added that President Joko Widodo always prioritized the use of domestic products as much as possible as it could create job fields.

PT PAL Indonesia president director M. Firmansyah said his company would not be the sole producer the said commercial vessels, and that the project would involve all shipyards nationwide. “Of course it has to meet our criteria, which are design, quality control and management process standards,” he said.

PT PAL to Produce 500 Commercial Vessels | Economy & Business | Tempo.Co :: Indonesian News Portal

 

[acelaw]

Java Integrated Industrial and Ports Estate (JIIPE)
Java Integrated Industrial and Port Estate - Home

JIPE is being developed as the new industrial development center at north side of Gresik to support economy activities in East Java Province and Indonesia in general. This industrial development will also be supported by the development of residential and sea port estate.

The development of JIIPE’s area in the proposed location has been complied with the local regulation (Perda) Number 8 Year 2011 about Spatial Plan of Gresik Regency of 2010 – 2030.



master plan by Hernawan Widhi, on Flickr


1,761 ha industrial estate integrated with port estate offering competitive logistic and energy:
* Deep sea port with draft of -16 meters at your door step
* Direct piping connection from jetty to your factory
* Toll road connection from Surabaya and Juanda International Airport
* Railroad direct access to the estate, complemented with rail terminal, providing direct link to all access point in Java island
* Availability of competitive skilled man power
* Single point of processing investment approval
* Flood-free estate, environment friendly dikes and water supply systems
* Residential estate
* Fully redundant services and ready plug-in utilities: electricity & gas, water supply, solid waste management & waste water treatment plant
* Standard factory buildings and warehouses for sale and rental
* Lots for industry and logistic park
* Office building and commercial space
* International standard 2 x 18 holes golf course
* Priority industrial lots for energy intensive and heavy industries.


progress>>

Interchange tol solo kertosono @ boyolali...

Proyek tol Solo - Kertosono dari udara by AnakMelayuRiau, on Flickr

 

[acelaw]

Lamong bay|Surabaya
phase 1

desain1 by Hernawan Widhi Anggara, on Flickr

Quote:
The new terminal will increase the port’s capacity to 3.5 million TEUs (twenty-foot equivalent units) from currently 1.5 million. - See more at: http://www.thejakartapost.com/news/2....ZbwIPOeM.dpuf
Aerial View Terminal Teluk Lamong by Hernawan Widhi Anggara, on Flickr
Aerial View Terminal Teluk Lamong by Hernawan Widhi Anggara, on Flickr
TTL by Hernawan Widhi Anggara, on Flickr

 

[pr1v4t33r]

Jatigede: 2nd Largest Dam in Indonesia will be completed this year, progress 95%

The Jatigede Dam is an embankment dam currently under construction on the Cimanuk River in Sumedang Regency, West Java, Indonesia. The primary purpose of the dam is irrigation but it will also provide for flood control, water supply and hydroelectric power generation. Water in the reservoir will be used to help irrigate 90,000 ha (222,395 acres) of farmland and the power station is expected to have a 110 MW capacity.

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Jatibarang Dam, Recently completed in Semarang, Central Java. Beautiful piece of work.

 

[pr1v4t33r]

PT Bukit Asam's new coal port inaugurated in Tarahan, Lampung, (10/6/2015).

Transportation Minister Ignatius Jonan is scheduled to inaugurate a coal port belonging to state-owned coal miner PT Bukit Asam (PTBA) in Tarahan, Lampung, on Wednesday. Improving the capacity of the company’s coal port was part of a joint commitment and effort to improve synergy among state-owned enterprises, the Transportation Ministry said in a statement.

“The cooperation between PTBA and state-owned railway operator PT Kereta Api Indonesia (KAI) is aimed at supporting national energy policy,” said the ministry as quoted by Antara news agency in Jakarta on Wednesday.

Under the partnership, which was initiated in 1984, PTBA is responsible for coal mining activities while KAI handles transportation matters.

Meanwhile, sea transportation and electricity generation are entrusted to state shipping firm PT Bahtera Adhi Guna and coal-fired steam power plant (PLTU) Suralaya.

The ministry says that with the recently built quay, PTBA’s coal port in Tarahan will become Indonesia’s biggest port, with the ability to accommodate vessels with dead-weight tonnage (DWT) of 210,000. Currently, Tarahan coal port can accommodate three vessels with a capacity of 210,000 DWT, 80,000 DWT and 10,000 DWT all at once.

“With its port development, PTBA can compete with coal producers from Australia while at the same time support the government’s maritime sovereignty program,” says the ministry.

“This can also help push forward the national shipping industry and serve domestic coal needs.”


Bukit Asam’s coal port to be inaugurated | The Jakarta Post

 

[pr1v4t33r]

New crane for the Newpriok Port
2 units container crane (CC) & 3 units rubber tyred gantry crane (RTG) from Japan arrived at Tanjung Priok Port to fulfil the need of the Newpriok Container Terminal 1 (NPCT1).

 

[pr1v4t33r]

The Ministry of Maritime Affairs and Fisheries, has set Bima, West Nusa Tenggara, to become Minapolitan aquaculture area, as it is considered to have big potential to develop fisheries and marine products industry such as milkfish, shrimp, seaweed, salt, and pearl.

 

[pr1v4t33r]

Iran, China, Indonesia finalize refinery deal

Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday. The joint venture plan envisages Iran supplying feedstock and partially financing the project and China providing 85% of the funds, head of the Iranian Oil Exporters Union Hassan Khosrojerdi said.

“Negotiations are underway with Iranian Minister of Petroleum Bijan Zangeneh for supply of heavy crude feedstock under a long-term contract,” Khosrojerdi said.

Joint cooperation protocols for providing heavy crude by Iran were signed during last month’s visit to Tehran by an Indonesian trade delegation.

Khosrojerdi said there are further plans to build five refineries for processing gas condensates in Indonesia by the three countries' private sector.

The six projects, including the oil refinery, are expected to need $3.5 billion of investment, he added.

Indonesia is building four refineries, each with capacities ranging between 300,000 bpd and 350,000 bpd, to cut its dependency on oil product imports.

Total refining capacity will rise to 1.68 million barrels per day by 2022 from about 800,000 bpd now when all the four refineries come on stream.

Last month, Indonesian Energy Minister Sudirman Said met Zangeneh and and two sides agreed on crude oil supplies by Iran and cooperation in engineering and technical services.

Indonesian Coordinating Minister for Economics Sofyan Djalil also traveled to Tehran and met several Iranian officials. Iran's Energy Minister Hamid Chitchian said the two countries reached a final agreement on building 48 power plants in the Southeast Asian country.

Oil officials have hinted at a new export strategy, including construction of refineries which would use Iranian crude for a period of 20-25 years.

“With the construction of refineries abroad, Iran can count on permanent and stable customers for a couple of decades and guarantee demand and supply for long terms,” Deputy Minister of Petroleum Abbas Kazemi said last week.

So far, Iran has signed an MoU with Brazil to construct a refinery for processing 300,000 barrels per day of crude oil.

Kazemi said negotiations have also been held for the construction of a refinery in India to process 400,000 bpd of crude.

PressTV-Iran, China, Indonesia finalize refinery deal

 

[pr1v4t33r]

New Toll Road Section (Gempol - Pandaan) will be Inaugurated Today. This section is part of (Pasuruan-Gempol-Pandaan-Malang) toll road plan.

Laik Operasi, Tol Gempol–Pandaan Diresmikan Hari Ini | Selalu Ada Yang Baru