Privately owned Indonesian port operator Nusantara Pelabuhan Handal (NPH), which raised IDR308.6bn ($23.1m) from its initial public offering, started trading on the Indonesia Stock Exchange (IDX) on Thursday.
The Asean Ro-Ro Network initiative, will be kicked off with the opening of the Davao-General Santos-Bitung route for ro-ro vessels on 30 April, local media reported.
A combination of bad weather and road blockages along with a recent rises in coal demand from China has led to bad congestion at Kalimantan ports and disruption of coal supplies, Reuters reported.
Seeking to raise its status as an international hub Indonesian state-owned port operator Pelindo II has vowed to cut the costs of shipping containers out of the archipelago's main port of Tanjung Priok, local media said.
Showing the typical confusing nature of port development in the archipelago, Indonesian state-owned port operator Pelindo I has directly contradicted statements from the government and said there will be no changes to the plan for its Kuala Tanjung Port project as it is not ready to be upgraded, local reports said.
Progress to build Indonesia's Patimban Port seems to be coming along with more details on the actual development process emerging.
Indonesia's government has signalled that its new Patimban Port project in West Java is slated to service the automotive industry and expects it to boost the country's automotive exports in the future.
With just a few days to go before a decision needs to be made, Japanese conglomerate Mitsubishi looks to be the leading contender for the construction and operation of Indonesia's Patimban Port.
More impetus has been given to efforts to cut down dwelling time in Indonesian ports, with the government planning to roll out another policy package later this month that will address the problem, local reports said.