The first Bio-diesel power electricity ready to operate

The Indonesia Minister of Energy and Mineral Resources (ESDM), Purnomo Yusgiantoro announced the operating of the first bio-diesel power electricity with capacity 10 MW in Bagan Besar, Dumai, Riau Province. This power electricity is owned by Indonesia Electricity Company...

Oil Palm Mill in Riau Province will stop the production

As much as 132 of palm oil mills (PKS) in Riau Province plan to stop the raw palm oil (Crude Palm Oil/CPO) production because the storage tank is full. Discontinuance also as a result of the inquiry weakness of CPO in commodities market. Total capacity of CPO storage...

The Indonesia CPO export markets down

Trade of crude palm oil (CPO) in international market is slowing down. Auction of 12,000 tons CPO into local market in the Joint Marketing Office of PT Perkebunan Nusantara Jakarta on Monday (27/10/2008), failed to sale. Eleven of domestic companies withdraw from the...

Palm oil farmers are suffering

The palm oil farmers' life in west Sumatra are suffering due to the low price of fresh fruit bunches of oil palm (TBS). Until Sunday (26/10/2008), palm oil price in the Agam regency and Pasaman, West Sumatra, valued only IDR. 500 per kilogram As a result of a decrease...

Dozens of North Sumatra Coffee Exporters are threatened bankruptcy

Decreasing of the horticulture commodities' price in the international market in line with the global financial crisis to make tens of coffee exporters in the North Sumatra threatened gone out of business. The price of arabica coffee, which is a mainstay of export of North...

Widdows warns worst is yet to come for box trades

NEPTUNE Orient Lines’ boss Ron Widdows is warning of grim times ahead for the container trades, with ships laid up and orders cancelled as the industry heads into an unprecedented slump. While the situation is not so bad now, the worst is yet to come, Mr Widdows told Lloyd’s...

40 Cargo Companies no longer operate in Semarang

Around 40 cargo companies or freight forwarder companies from a total of 212 company members and Forwarder Joint Expedition of Indonesia (GAFEKSI) Region, Central Java has no longer operate due to the decline of export and import transactions that is the impact of the global...

Global slowdown takes a bite out of APL and TNWA capacity

Singapore: The New World Alliance (TNWA) member APL has announced plans to par back the vessels operating on routes to and from Asia in response to increasingly challenging conditions in the major container trades brought about by the current economic environment. The...

NOL Drops Out of Race To Buy Hapag-Lloyd

SINGAPORE, Oct 11, 2008 (AFP) - Singapore's Neptune Orient Lines (NOL) has dropped out of the race to buy German container shipping line Hapag-Lloyd, NOL said. NOL, which is 66 percent owned by Singapore sovereign wealth fund Temasek Holdings, said in a statement late...

Tin Sand Exported Be Defeated

Around 30 containers containing of tin sand which ready to export being defeated by the Indonesia Directorate General of Customs and Excise. These tin sand are planning to export to China and Malaysia and may losses tax around of Rp 27,648 billion. The export of...

Many Container Detained in Singapore During Idul Fitri Holiday

Indonesia port managers should be cautious of stagnation in some Indonesia sea/container ports due to most of container trucks/trailer do not operating from H-4 up to H+1 of Idul Fitri 1429. Based on the information from the Board of Sea Transportation Service Indonesia...

Cocoa Exports From North Sumatera Rose 104%

It seems the North Sumatera cocoa exporters  continue to increase their export due to cocoa price  in the international market is estimated to continue to rise, which is about U.S. $ 2,588 per ton. The impact of this as a decreasing supply of cocoa, due to some...

37,700 Ton CPO Exporting From North Sumatera in a day

The province of North Sumatra export 37.700 ton of Crude Palm Oil (CPO) on Monday 28/9 through Belawan seaport. This CPO is shipped out on tanker MT Cielo Di Roma to Kraci India and tanker MT CPO Norway to Rotterdam Nederland. The Cielo Di Roma carry an amount of 22.700...