Tue, 22 Jul 2008
Indonesian ships are strengthening their domination of domestic cargo transport carrying 148.7 million tons or 65.3% of the total domestic cargoes in 2007, an official said, Asia Pulse reported.

In 2004, ships flying the Indonesian flag carried only 54% or 101.3 million tons of domestic cargo, Transport Minister Jusman Syafii Djamal said.

Djamal, however, admitted that foreign ships still maintain their domination of the transport of international cargo though Indonesian ships have increased their share.

In 2007, ships flying Indonesian flag had only a 5.9% share of the international cargo of 531.9 million tons, up from 3.5% of the total cargo of 465.1 million tons in 2004, he said.

Data at the transport ministry shows that the number of ships flying the Indonesian flag totaled 7,846 units on March 31, 2008, or an increase of 29.9% in three years, the newspaper Bisnis Indonesia reported today.

The government has issued a regulation on cabotage principle under which foreign ships may not carry domestic cargo, starting in 2010.



News Search/Filter
Transaction Rates
20 Feb 18
Buy
Sell
AUD1
11,124.71
10,332.90
BND1
10,701.90
9,939.93
BTC1
153,084,634
153,084,634
CAD1
11,188.58
10,392.72
CHF1
15,129.00
14,047.93
CNH1
2,229.14
2,070.71
DKK1
2,341.09
2,174.38
EUR1
17,439.26
16,194.83
GBP1
19,674.05
18,273.44
HKD1
1,799.09
1,671.18
JPY100
13,189.32
12,248.66
LAK1
1.70
1.58
NOK1
1,805.20
1,676.28
NZD1
10,356.32
9,615.19
PGK1
4,447.07
3,934.97
SEK1
1,758.47
1,632.90
SGD1
10,701.90
9,939.93
THB1
447.61
415.68
USD1
14,073.00
13,073.00
VND1
0.62
0.58
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services