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Minister Proposes Cut in Transshipment Costs

JAKARTA, Indonesia, 24 October 2016 -- Marintec Indonesia - held in Jakarta from 23-25 November 2016 - is the leading business event and learning platform for the Maritime Industry in Indonesia. Organized by UBM Indonesia, Marintec will gather over 150 local and international companies which will share insight, technology, and create real growth opportunities for Indonesia and the region.

Minister Proposes cut in transshipment costs
One of the focus will be the Transportation Ministry proposal of a cut in transshipment costs in a bid to boost competitiveness and yield more volume into the country's hub ports.
"We are concerned that there are a lot of ports that conduct direct call. If the transshipment cost is lower, then there will be more goods going to Tanjung Priok and Tanjung Perak, and it will be cheaper than direct call," said Transportation Minister Budi Karya Sumadi, referring to two of the country's major ports in Jakarta and Surabaya, East Java.
The ports that are slated to serve as hubs include Kuala Tanjung (North Sumatra), Bitung (North Sulawesi), Makassar (South Sulawesi), Sorong (West Papua), as well as Tanjung Priok and Tanjung Perak.
The new concept will strengthen Tanjung Priok's role as a domestic and international hub port as imported goods will transit through it.
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ABOUT the organizer
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asia and the largest commercial organizer in China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 31 offices and 1,300 staff in 24 major cities. We operate in 20 market sectors with 230 exhibitions and conferences, 21 trade publications, 18 online products for over 2,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world.
Contact Person: Abdi Fajrin
Phone Number: +62 21 2930 5959
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Submitted by PR Newswire Asia, Xinhua PR Newswire on Monday, 24 October 2016 at 4:34 PM
Category: Business
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