IPC, Mitsui , NYK Line & PSA to jointly develop new container terminal in Jakarta
PT. Pelabuhan Indonesia II (Persero) ( “ IPC ” ), Mitsui & Co, Ltd . ( “ Mitsui ” ), Nippon Yusen Kabushiki Kaisha ( “ NYK Line ” ) and PSA Intern ational Pte Ltd ( “ PSA ” ) have agreed to jointly participate in the construction and operation of a new container terminal at Tanjung Priok Port, Jakarta, Indonesia, IPC said in its press release. This new terminal will be developed and operated by the newly established project company PT New Priok Container Terminal One ( “ NPCT1 ” ).
The Republic of Indonesia has in recent years experienced dramatic economic growth accompanied by a rapid increase in container traffic. Jakarta’s Tanjung Priok Port is the most important and largest port in Indonesia, handling the majority of Indonesia’s international container traffic. To support the vibrant trade, there is an immediate need to increase the port capacity and handling capability. The new terminal will have an annual handling capacity of approximately 1.5 million twenty - foot equivalent units of containers , an overall berth length of 850 metres , and a 16 - metre draft upon completion, allowing the terminal to accommodate the advanced mega container vessels plying the oceans today.
NPC T1 will also pursue the efficient reduction of emissions, and energy conservation and environmental protection activities as a "Green Terminal" by exploring the use of environmentally friendly facilities such as " cold ironing". Mitsui made an equity participation in the Singapore - based port development and management company Portek International Pte Ltd (“Portek International”) in September 2011, and together they have applied Portek International’s knowledge and expertise relating to port terminal modernization and efficiency improvement for the development of port terminal projects around the world, especially in emerging countries.
About PT Pelabuhan Indonesia II (IPC)
PT. Pelabuhan Indonesia II (Persero) or IPC is the largest port operator in Indonesia. IPC has the mission to continuously provide its customers with world class service. IPC has 12 port branches mainly located in the w est ern part of Indonesia. This includes the ports of TanjungPriok, SundaKelapa, Palembang, TelukBayur, Banten, Bengkulu, Panjang, Cirebon, Jambi, PangkalBalam and TanjungPandan. Furthermore, IPC has 16 subsidiaries which include PT. PelabuhanTanjungPriok, PT. Jakarta International Container Terminal, PT. PengembanganPelabuhan Indonesia, PT. Indonesia Kendaraan Terminal. PT. Ener giPelabuhan Indonesia, PT. IntegrasiLogistikCiptaSolusi, PT. JasaPeralatanPelabuhan Indonesia, PT. Pengerukan Indonesia, PT. Electronic Data Interchange Indonesia, PT. Terminal Petikemas Indonesia, PT. PendidikanMaritimdanLogistik Indonesia, PT. IPC Termin al Petikemas, PT. RumahSakitPelabuhan, PT. Multi Terminal Indonesia, PT. Jasa Armada Indonesia , and TPK Koja.
About Mitsui & Co., Ltd .
Mitsui & Co., Ltd. (“Mitsui”) is one of the most diversified and comprehensive trading, investment and servi ce enterprises in the world, with 14 2 offices in 66 countries as of December 1, 2014. Utilizing our global operating locations, network and information resources, Mitsui is multilaterally pursuing business that ranges from product sales, worldwide logistic s and financing, through to the development of major international infrastructure and other projects in the following fields: Iron & Steel Products, Mineral & Metal Resources, Infrastructure Projects, Integrated Transportation Systems, Chemicals, Energy, Food Resources, Food Products & Services, Consumer Services, Innovation & Corporate Development Business. Mitsui is actively taking on challenges for global business innovation around the world.
About Nippon Yusen Kabushiki Kaisha
Nippon Yusen Kabushiki Kaisha is one of the world's leading transportation companies. At the end of March 2014, the NYK Group was operating 876 major ocean vessels, as well as fle ets of planes, and trucks. The company's shipping fleet includes 387 bulk carriers, 119 car carriers, 99 containerships (including semi - containerships), 77 tankers, 48 wood - chip carriers, 67 LNG carriers, three cruise ships, and 76 other ships (including multipurpose and project cargo). NYK's revenue in fiscal 2013 exceeded $22 billion, and as a group NYK employs about 55,600 people worldwide. NYK is based in Tokyo and has regional headquarters in London, New York, Singapore, Hong Kong, Shanghai, Sydney, and Sao Paulo. About PSA International PSA International is one of the leading global port groups. PSA participates in port projects across Asia, Europe and the Americas with flagship operations in PSA Singapore Terminals and PSA Antwerp.
