Diversified business group Maspion Group plans to build 12 new ports to serve logistics sea transportation needs, according to local media reports.It manufactures domestic products and is involved in other areas such as property, building...
Indonesian state-owned port operator Pelindo III is continuing to invest in infrastructure, spending IDR141.7bn ($12.75m) to develop a new yard for liquid bulk purposes at Gresik Port in East Java, according to local media reports.
Kalimantan-based shipping company Capitol Nusantara Indonesia (CNI) is planning a listing this year and expects to raise around $25m, although pricing or total proceeds details have not been finalised, according to local media reports.