{
    "success": true,
    "data": {
        "id": 1218069,
        "msgid": "local-shipyard-gets-orders-from-foreign-firms-1447893297",
        "date": "1995-07-26 00:00:00",
        "title": "Local shipyard gets orders from foreign firms",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Local shipyard gets orders from foreign firms JAKARTA (JP): State-owned PT Dok & Perkapalan Kodja Bahari announced yesterday that it has won orders for the construction of ships from Germany, Sweden, the Netherlands and Iran.",
        "content": "<p>Local shipyard gets orders from foreign firms<\/p>\n<p>JAKARTA (JP): State-owned PT Dok &amp; Perkapalan Kodja Bahari<br>\nannounced yesterday that it has won orders for the construction<br>\nof ships from Germany, Sweden, the Netherlands and Iran.<\/p>\n<p>Asharsono, a director of the company, which is a merger of<br>\nfour shipbuilding companies, said that in the last four years<br>\nsince the merger, Germany has ordered five liquefied natural gas<br>\ntankers; Sweden, one roll-on, roll-out vessel and one tanker; the<br>\nNetherlands, four 550-cubic feet reefer vessels and Iran, one<br>\ntugboat and five split barges.<\/p>\n<p>Local companies have also ordered tankers and passenger ships<br>\nfrom the company, he said.<\/p>\n<p>\"The contracts for all of them have already been signed,\"<br>\nAsharsono said after attending a ceremony for the installation of<br>\nthe company's new directors.<\/p>\n<p>He declined, however, to mention the prices of the ships,<br>\nsaying that he feared it would be harmful to the clients \"who are<br>\nalways competing with other shipping companies\".<\/p>\n<p>All the orders are expected to be completed by next year, he<br>\nsaid.<\/p>\n<p>\"There is a good market out there and I am convinced that we<br>\ncan beat the competition,\" Asharsono said, citing Chinese<br>\nshipbuilders as the company's main foreign competitors.<\/p>\n<p>He stressed that low prices were not the only determining<br>\nfactor.<\/p>\n<p>\"All ships have a 'class certificate' which guarantees the<br>\ndegree of their quality and reliability. Prices, on the other<br>\nhand, are quite negotiable,\" Asharsono said.<\/p>\n<p>Directors<\/p>\n<p>The directors of Dok &amp; Perkapalan Kodja Bahari, who were<br>\ninstalled yesterday, were Akmal Wahid, who was appointed as the<br>\ncompany's president, and H.I.M. Pratisto, Wing Wirjawan, Muchlis<br>\nHamid and Asharsono as directors.<\/p>\n<p>Dok &amp; Perkapalan Kodja Bahari was established in 1991 after<br>\nthe government decided to merge PT Dok &amp; Perkapalan Tanjung<br>\nPriok, PT Kodja and PT Pelita Bahari in a bid to increase the<br>\ncompanies' efficiency and productivity.<\/p>\n<p>In 1992, PT Dok &amp; Galangan Kapal Nusantara joined in the<br>\nconsolidation.<\/p>\n<p>R. Pramono, the inspector-general of the Ministry of Industry<br>\nwho addressed the ceremony said that the merging of the four<br>\ncompanies did not cause any \"extraordinary rifts\".<\/p>\n<p>\"In fact, many things have been achieved by Dok &amp; Perkapalan<br>\nKodja Bahari,\" he said.<\/p>\n<p>Orders for ships, he cited, have gradually increased the<br>\ncompany's capacity to improve production processes, human<br>\nresources and capital structure.<\/p>\n<p>Last year, the company made Rp 171.15 billion (US$77 million)<br>\nin sales revenues and Rp 3.19 billion in before-tax profits.(pwn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/local-shipyard-gets-orders-from-foreign-firms-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}