Can Indonesia'a Planned Container Terminal Compete?

Drewry Container Insight
Monday, May 06, 2013

Indonesia’s ambitious plans for the new port of Tanjung Sauh seem not to regard Singapore's transhipment dominance.

Singapore’s relentless cargo growth of 5.7% last year, up to 31.6 million TEU, indicates that it is still catering well to customers’ transshipment needs. The same applies to nearby Tanjung Pelepas. Although its traffic increased by only 2.1%, up to 7.7 million teu, this was preceded by 19.7% growth in 2011. Indonesia’s plans to build a competing container terminal in nearby Tanjung Sauh with a capacity of 4 million teu is surprising to say the least, therefore, but it does have some local cargo arguments on its side, observes the Drewry report.

Apart from the global economic meltdown of 2009, Indonesia's economy as an emerging market grew by about 6% per annum between 2005-2012, helping to increase its container traffic from nearly 7 million TEU to more than 12 million teu, which means that, regardless of its success as an international transshipment centre, the new port does have another big market to target.

Tanjung Sauh, located between the islands of Batam and Bintan, involves an initial investment of $756 million. The first phase, which is expected to be completed by 2015, will have a 2 kilometre long wharf. A further 4.5 km of wharf is expected to be built during the later stage of development.

Source: Drewry Container Insight

 

Maritime Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Permanent Magnet Technology for Maritime Propulsion

Multipurpose vessels, especially those that operate primarily at part loads, have been facing pressure when it comes to making money in today’s business environment.

Industry Professionals to Speak at ShipConstructor Conference

The speakers representing various companies at next week's SSI Americas ShipConstructor User Conference, October 7-9, 2014 in Mobile, Alabama, demonstrate SSI's

NY Harbor Supply & Distribution Fall Reception/Buffet

More than 600 attendees are expected at the 52nd annual New York Harbor Supply & Distribution Fall Reception/Buffet for the energy and energy related industries

Ports

Cove Point LNG Export Facility Gets US FERC Approval

U.S. federal regulators on Monday approved construction of Dominion Resources Inc's liquefied natural gas export project in Cove Point, Maryland. Cove Point is the fourth U.

DMR Examines Container Terminal Congestion Issues

Container port congestion has been hitting the headlines recently, but the reasons for it vary widely and in many cases it is only a short term issue. Certain world

Fire at Milazzo Refinery Impacts Docks

Inchcape Shipping Services  is advising of extensive disruption after a fire broke out Friday afternoon (27 September) at Italy’s energy giant Eni and Kuwait Petroleum’s

Container Ships

MOL Restructures Asia to S. Africa Service

Mitsui O.S.K. Lines, Ltd. (MOL) announced the restructuring of its existing Asia to South Africa liner services into two direct loops. One service will call South China,

Report on MOL Comfort Incident is out

In response to the casualty of “MOL COMFORT” which occurred on 17 June 2013, ClassNK established the Investigative Panel on Large Container Ship Safety, comprised

DMR Examines Container Terminal Congestion Issues

Container port congestion has been hitting the headlines recently, but the reasons for it vary widely and in many cases it is only a short term issue. Certain world

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1870 sec (5 req/sec)