Search result for: "Logistics and transportation"

Coronavirus Outbreak Suppress Travel Insurance. The spread of CoronaVirus COVID-19 has suppressed the tourism industry. The prohibition of travel from and to the most affected countries, and the recommendation to suspend travel, will have an impact on the general insurance business, especially on travel.

GIAA: Efficiency as Key Profit Strategy in 2020. Garuda Indonesia (Persero), Tbk (GIAA) will increase the efficiency to pursue the target of the net profit, amid the high’s price of airfare that suppresses the performance of.

Pertamina (Persero) seems will no longer monopolize sales of avtur in Indonesia. AKR Corporindo, Tbk (AKRA IJ) is ready to get in the business of avtur this year. Moreover, the Ministry of Energy and Mineral Resources (ESDM) has issued a permit AKRA to sell avtur. Director of the Construction Oil and Gas Downstream Business.

Some coal company assets increased over the past year, one of them Bukit Asam (Persero), Tbk (PTBA IJ). Over the past year total assets to IDR24.17Trn rose 9.91%, from year 2017 IDR21.99Trn. Secretary of PTBA, Suherman convey the presence of asset growth comes from the additional.

We recently visited Samudera Indonesia (SMDR IJ, Not Rated) here are the key takeaways: The company is an integrated logistic & cargo company that serves international & domestic market, Samudera has 18 subsidiaries that is divided into 3 categories; Shipping, Logistics, and Agency & Terminal, the largest contributor of revenue for the company comes from.

Logindo (LEAD) is to book an 83% net profit CAGR for the three years to 2014, spurred by its strong fleet expansion to higher-tier vessels. Its relatively young fleet age, lucrative margins and strong industry track record are precursors of greater things. We initiate coverage with a BUY and IDR3,450 TP, implying an 8.5x 2014.

We see several infrastructure developments that will bring a positive impact on the domestic container vessel industry such as Tempuran Emas (TMAS) (please refer to our recent Maritime/Shipping Industry report).  The Indonesian Port Corporation (IPC) is proposing a presidential decree, expected to be issued in 1Q13, to speed up the construction of the upcoming Sorong.

Mitra Bahtera Segarasejati (MBSS) provides cost-effective and reliable sea and river based coal transport to Indonesia’s top tier coal producers, which are reaping the benefits of rising domestic and global demand for Indonesia’s coal. Equipped with a sizable and modern fleet of tugs and barges as well as floating cranes and a well-trained workforce, MBSS.