“We want to depend less on shipping. The challenge is that developing terminals requires a long-term investment,” said director Prabowo Santoso.
According to Prabowo, the company is currently increasing the capacity of its terminal in Palaran, Samarinda, this year to 330,000 teu from 220,000 teu in an that will cost about IDR100n ($7.5m).
“Hopefully, that will be completed by this October,” he said, adding that the company also plans to start building a new terminal at the same location next year. The new terminal is estimated to cost around IDR600bn to IDR700bn, Prabowo said.
Ridwan Hamid, another director at the company, added that Samudera Indonesia aims to operate new terminals in Batam, Riau Islands; Dumai, Riau and Pontianak, West Kalimantan, within the next two years, allocating up to $160m for capex.
The company is also planning to increase the capacity of its three terminals in Tanjung Priok, North Jakarta, as well as adding more terminals, according to Ridwan. However, both Ridwan and Prabowo declined to disclose specific details of the plan.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.
