16 April 2014

[160414.EN.SEA] Container Prices Rise For First Time In Two Years, Vessels Remain Flat

NEW dry freight containers increased prices in the first few months of the year, while standard box prices remained at lowest price since 2009 following last year's decline but was still at same level as April 2013.

Containership prices remain dormant following a lackluster peak season with annual total for 2013, down from 2012 and well short of 2011, according to Drewry's latest Container Leasing and Container Census.

"It is too early to say whether the equipment pricing trend as truly reversed, as the box equipment market remains volatile," said Andrew Foxcroft, consultant with Drewry Maritime Research in a statement.

Separately, Export Development Canada made similar observations: "A recent rapid run-up now has exports of packaging materials and containers up 14 per cent year on year, far ahead of any single-year gain in the post crisis period" said EDC vice president Peter Hall in his latest upbeat weekly commentary.

Global container equipment fleet growth is again predicted to fall short of five per cent for 2014, with the box lease industry almost certain to account for most expansion and container carriers ordering a minority share of new containers.

This has already dominated during the opening quarter, with box lessors taking the most of new dry freight containers and an even bigger share of new reefer boxes.

Charter owners, rather than container carriers, are behind most of the recent orders for containerships.

Dry freight/reefer lease rates are likely to remain under pressure as in 2013, with little likelihood of any recovery in the initial cash returns generated from new equipment rental. New pricing is expected to stay depressed and volatile, and so will rental per diems continue with their struggle to remain at parity.


Source : HKSG.

[160414.ID.BIZ] Prediksi Ekonom Citi Rupiah Berada pada Rp 14.450

TRIBUNNEWS.COM, JAKARTA - Ekonom Citi Indonesia Helmi Arman mengatakan bahwa rupiah diprediksi akan mencapai Rp 14.450 per dolar AS pada tahun ini. Prediksi ini dengan melihatcapital inflow selama tiga bulan terakhir.

"Capital inflow masih tinggi, ini efek selama tiga bulan, setelah itu investor masih menunggu kepastian presiden pada pemilu," katanya di Jakarta, Rabu (16/4/2014).

Ia mengatakan bahwa investor masih melihat pemimpin yang akan terpilih dalam pilpres 2014. Sehingga ada kemungkinan arus modal masuk akan bertambah seiring pergantian pemimpin ini.

Helmi pun mengatakan bahwa koalisi yang tampak dalam pemilu legislatif ini membuat investor menahan dananya ke pasar keuangan. Sehingga investor masih menunggu pascapemilu.

"Mereka kan masih menungu presiden yang akan terpilih, sehingga ada penarikan pasca pemilu legislatif," katanya.

Citi sendiri memproyeksikan bahwa pertumbuhan ekonomi indonesia akan mencapai 5,3 persen pada tahun ini. Hal ini sejalan dengan pertumbuhan konsumsi dalam negeri yang mencapai 5 persen.


Sumber : TribunNews, 16.04.14.

15 April 2014

[150414.EN.SEA] Shipping Costs To Rocket As Low-Sulphur Fuel Mandates Hit Next Year

LEGAL requirements to use low-sulphur fuel in emission control areas of the North Sea and Baltic Sea will increase costs by as much as US$120 per TEU next year, say Drewry analysts.

Others attending the recent Global Liner Shipping conference in Hamburg predicted even higher costs when other emission control zones in the US and the Mediterranean come into force, reported Lloyd's Loading List.

Mercator International partner Jesper Kjaedegaard added that bunker costs could be higher because increased demand for this type of fuel would drive up prices.

Mr Kjaedegaard said other trades lanes would be more affected, pointing out the US east coast would be a control zone, meaning that 60 per cent of a transatlantic voyage to North Europe would be forced to consume the costly fuel.

Said Drewry Supply Chain Advisors director Philip Damas: "Very few carriers are equipped with liquefied natural gas engines, instead they have to use low sulphur marine diesel oil, or scrubbers.

Carriers are expected to increase bunker adjustment factor charges 20 per cent to cover the higher cost about $300 per tonne, said Mr Damas.

"The impact of this is that the cost per tonne is 50 per cent higher than the current fuel. So it's a huge increase next year," he said.

Drewry's calculations were based on one TEU accounting for a tonne of fuel on the Asia-Europe trade and that portion of the voyage taking place on the North Sea and Baltic Sea emission control areas.

Mr Damas conceded that his estimates were low compared to other companies that predicted costs rising $500 per TEU.

MDS Transmodal managing director Mike Garratt doubted this. saying Mr Damas' estimates were overblown, while agreeing that if the Mediterranean becomes an emissions control area, cost would be even higher.


Source : HKSG.

[150414.ID.BIZ] Masih Sosialisasi Aturan Baru, Baru 1 Perusahaan Dapat KITE

Bisnis.com, JAKARTA—Ditjen Bea dan Cukai mencatat 45 perusahaan baru telah melakukan proses mendapatkan nomor induk perusahaan (NIPER) untuk mendapatkan fasilitas kemudahan impor tujuan ekspor (KITE) sejak 6 Februari 2014.

Direktur Fasilitas Kepabeanan Ditjen Bea dan Cukai Heru Pambudi mengatakan dari 45 perusahaan tersebut, hanya satu perusahaan yang mendapatkan NIPER. Perusahaan itu bergerak di sektor industri pengalengan ikan.

“Baru satu perusahaan yang mendapatkan fasilitas KITE karena Februari ini memang hanya untuk sosialisasi. Tetapi, dalam waktu dekat ini, setidaknya akan ada 18 perusahaan yang menyusul,” ujarnya ketika dihubungi, Senin (14/4/2014).

Dia mengakui antusiasme pengusaha terhadap fasilitas KITE sangat tinggi sejak berlakunya Peraturan Menteri Keuangan (PMK) No.176/PMK.04/2013 dan PMK No.177/PMK.04/2013 sebagai bagian dari paket kebijakan ekonomi jilid 2.

Pemerintah merevisi aturan KITE guna mendorong ekspor dan mengurangi defisit neraca perdagangan. Salah satu pokok kebijakan yang diubah antara lain PPN dan pajak penjualan atas barang mewah (PPnBM) yang tidak lagi dipungut.

Sebelum direvisi, penerima fasilitas KITE harus membayar PPN dan PPnBM di muka, yang kemudian dapat direstitusi. Namun pada praktiknya, restitusi baru dikembalikan 1-2 tahun kemudian sejak tanggal pengajuan sehingga mengganggu cash flow eksportir.


Sumber : Bisnis Indonesia, 14.04.14.

14 April 2014

[140414.EN.AIR] IATA: Global Air Cargo Demand Continues To Rise In February By 3pc

AIR freight market demand globally rose by 2.9 per cent in February year on year, although a rise in inventory-to-sales ratios contributed to the growth rate falling from the 4.3 per cent recorded in January.

According to the latest data from the International Air Transport Association (IATA), the first two months of 2014 have seen an overall 3.6 per cent improvement in demand over the previous year.

IATA said the "fundamental drivers" of air freight remained "broadly positive," suggesting that the lower growth in February was likely due to temporary factors leading to volatility in volumes.

IATA's freight model indicated that world trade growth contributed two percentage points to the 2.9 per cent increase in flown tonne kilometres (FTKs), while a slight rise in inventory-to-sales ratios had a 1.2 percentage point dampening effect.

"There are, however, some serious trends which are not in the industry's favour. Companies continue to on-shore their manufacturing supply chains. The world's top 20 economies implemented some 23 per cent more protectionist measures last year than in 2009," said IATA chief Tony Tyler, former CEO of Cathay Pacific Airways.

"These factors are a major part of the reason why we are not seeing trade growth of five to six per cent, which we would expect to see at the current level of domestic production.

"Currently trade and domestic production growth is running at about the same level. The World Trade Organisation's agreement in Bali late last year gives hope for invigorated world trade. It's important that governments keep their commitments," Mr Tyler said.

While the outlook for air freight remains "broadly positive, consistent with the cyclical pick-up in global economic growth," Mr Tyler said the current growth in world trade was slower than expected at this point in the economic cycle, largely due to on-shoring. 

Source : HKSG.


[140414.ID.BIZ] Bosowa Kuasai 30 Persen Saham Bukopin

TEMPO.COJakarta - Direktur Utama PT Bank Bukopin Tbk Glen Glenardi menyambut baik rencana masuknya Bosowa Corporation menjadi bagian dari Bukopin. Hari ini, Senin, 7 April 2014, Bosowa mengumumkan rencana akuisisinya terhadap PT Bank Bukopin Tbk.

Dalam siaran persnya kepada media, Glen optimistis kemampuan dan pengalaman Bosowa akan memperkuat posisi Bukopin sebagai bank Nasional. Bukopin selama ini fokus kepada pengembangan sektor Usaha Mikro, Kecil dan Menengah (UMKM) dan perekonomian Indonesia.

Bosowa berencana mengakusisi 11,43 persen saham Bank Bukopin dari Koperasi Pegawai Bulog Seluruh Indonesia (Kopelindo). Transaksi akuisisi ini disepakati dilakukan melalui penandatanganan Perjanjian Pengikatan Jual Beli Saham (PPJBS) antara Bosowa dan Kopelindo.

Jika mendapatan persetujuan akuisisi dari Otoritas Jasa Keuangan (OJK), kepemilikan saham di Bukopin, terdiri masyarakat sebesar 10,48 persen, Negara Republik Indonesia 11,43 persen, Kopelindo 18,09 persen dan Bosowa sebesar 30 persen. (Baca: Bosowa Ingin Besarkan Bank Bukopin)

Sebelumnya, Bosowa Corporindo sudah memiliki 18,57 persen saham Bukopin. Sedangkan pada Juni 2013, Bosowa membeli 14 persen atau 1,11 miliar saham dari Yabinstra (9,5 persen) dan Kopelindo (4,6 persen) di harga Rp1.050 per saham. Desember 2013 melalui right issue Bank Bukopin, Bosowa menambah saham menjadi 18,57 persen. (Baca: Bosowa Resmi Beli 14 Persen Saham Bank Bukopin)

Glen mengatakan sepanjang 2013 penyaluran kredit terbesar Bank Bukopin diberikan kepada segmen ritel yang terdiri dari Usaha Kecil dan Menengah sebesar Rp 19,1 triliun. Sedangkan penyaluran kredit untuk sektor konsumen kredit perseroan sebesar Rp 6,7 triliun.

Bukopin menyalurkan kredit sektor mikro hingga Rp 3,4 triliun. Sedangkan segmen komersial mencapai 15,5 triliun pada tahun 2013. "Kredit segmen ritel berkontribusi sekitar 40 persen kepada kredit Bukopin. Strategi ini sejalan dengan fokus Bukopin untuk semakin memperkuat pasar dan penetrasi kredit di segmen ritel," kata Glen.

Sadikin Aksa, Managing Director Bosowa Corporation mengatakan, rencana akuisisi saham Bukopin ini akan memperkuat kemitraan strategis antara Bosowa dan Bukopin. Nantinya pengembangan usaha bank akan fokus dalam mengembangkan pasar Usaha Mikro Kecil Menengah terutama di Indonesia bagian Timur.

Menurut dia, dengan pertumbuhan ekonomi yang selalu di atas rata-rata nasional, prospek sektor UMKM di Indonesia bagian Timur sangatlah besar. Ia mengatakan usai mendapat persetujuan regulator nanti, Bosowa akan dapat mendukung penguatan bisnis Bukopin baik dari aspek modal, peningkatan sumber daya manusia, teknologi dan terutama akses ke pasar UMKM di Indonesia Bagian Timur.

Sadikin mengatakan memperkuat bisnis Bank Bukopin di Indonesia bagian Barat tetap akan dilakukan. "Kami akan menjadikan Bukopin sebagai bank yang mendorong berkembangnya UMKM di seluruh Indonesia. Meningkatnya UMKM tentunya akan mendorong perekonomian Indonesia," kata dia. 

Sumber : Tempo, 07.04.14.


13 April 2014

[130414.EN.SEA] St Lawrence Seaway Opens To Navigation, But Harsh Ice Conditions Linger

THE St Lawrence Seaway, a system of locks, canals in east-central North America, is now open after accepting its first vessel of the year, despite challenging ice conditions in lingering winter weather.

The first ship to enter the seaway that permits passage from the Atlantic to the Great Lakes this year, the 11,372-dwt Danish chemical tanker Charlotte Theresa, bound for Toronto-area Mississauga on Lake Ontario.

Inchcape Shipper Services (ISS) eastern Canada manager Jason Skorksi said the start of the season has been and will be a challenging one due to heavy ice.

The Great Lakes St Lawrence Seaway System authorities have notified ships and vessel owners that upbound traffic is currently being processed in the Montreal/MLO section, with one-way traffic only and double pilotage is required. Initially, there will be daylight navigation only.

The Canadian ice breaker, Martha L Black, is working in the Montreal/MLO section; and two tugs are being employed in the South Shore Canal to keep the ice moving out. However, escorts are required for crossing the lakes, Lac St Louis and Lake St Francis.

Welland Canal has some ice pack above locks seven and eight, but these have caused no problems to date; and ice conditions on Lake Erie are greatly improved and convoys for transiting the lake are moving well.

Yet, Lake St Clair remains an area of concern due to ice sheets breaking away from shore, but so far there have been no problems, the statement said.

Another Canadian ice breaker, the Radisson, is moving up to work Whitefish Bay and lead convoys when needed; and two ice breakers are currently assigned to Thunder Bay and are working on breaking out the harbour. 


Source : HKSG.