Bandung, March 17th, 2022 – IPC Terminal Petikemas/IPC TPK has taken strategic steps to boost its performance during the COVID-19 pandemic. As part of the port holding company PT Pelabuhan Indonesia, IPC TPK strives to spur creativity and innovation to improve competitiveness, especially in marketing to achieve predetermined performance targets. This strategy is also reinforced with the digital transformation of various operational services.
Operating in 6 major cities, in 2022, IPC TPK needs to comprehensively continue its transformation to realize its vision as an integrated container terminal operator with the maritime ecosystem by running a corporate roadmap that focuses on strengthening and developing the business and actions that were built in 2021. This year, 2022, is a year of Synergy and Growth, where the preparation of the National Integrated Container Terminal Network and the Integration of Key Account Management will be the company’s main focus.
In the first quarter of 2022, several important milestones were also recorded by the company, including breaking the record for the largest ship service in IPC TPK’s history, the MV MSC Tianshan, which brought 2000 empty containers to overcome the container scarcity crisis in Indonesia; digitalization of services through the implementation of the Terminal Operating System (TOS) with the latest technology that supports end-to-end services in container terminals with a planning and control-based operational pattern, starting from Vessel Planning, Berth Planning, Yard Planning, Control Tower; and new service from Meratus Line Java Malaysia Express (JME) Jakarta – Port Klang – Jakarta route. The launch of this new route answers the issue of a shortage of ship space for Indonesian exports to foreign countries and direct call services to the bamboo curtain country with a new route called China Indo Express (CIX).
In the first quarter of 2022, IPC TPK has successfully achieved several awards, including winning the award for Best Terminal Contribution to Non-Tax State Revenue (PNBP) category at the 2021 OP Award event held by the Tanjung Priok Main Port Authority, the Gold Award for The Best IT for SOE’s Company in the Management of Terminals & Port Facilities category at the Indonesia Information Technology Award-IV-2022, four awards in the 2020/21 Vision Award Online Report Competition held by the League of American of Communications Professionals LLC (LACP) including Gold Award for Annual Report, Rank #15 Top Report Worldwide, Platinum Award for Sustainability Report, Rank #43 Top Report Worldwide; and Best Program in Education in Scholarship Category and Best Environmental Excellence Award at the Indonesia CSR Excellence Award 2022.
In 2022, IPC TPK’s performance targets have been raised. These targets include but are not limited to a container throughput of 2.8 million TEUs, revenue of 2.6 trillion, and EBITDA of 236.7 billion.
In 2021, IPC TPK was in the Performance Improvement phase, where massive transformations and optimizations were carried out, including Digital Transformation, Cultural & HR Transformation, Improvement of Container Terminal Operation Patterns, Optimization of Container Terminal Equipment, Preparation of Market Expansion Plans, Preparation of Container Terminal Operation Plans in IPC Group Strategic Projects.
With a terminal transformation that can integrate equipment well in the midst of the COVID-19 pandemic, IPC TPK has successfully improved its terminal operation services. Terminal services in 2021 increased by 5.4% from 2020, with an operating performance of 2.72 million TEUs in 2021 and 2.58 million TEUs in 2020. This shows that operational performance has improved in line with national economic recovery amid the COVID-19 pandemic.
After the merger of Pelabuhan Indonesia (Pelindo), the ownership of IPC TPK’s shares was transferred from Pelindo to Sub-holding PT Pelindo Terminal Petikemas. Under the management of Sub-holding PT Pelindo Terminal Petikemas, a uniform service standard will be implemented throughout the container terminals, providing better services to support logistics cost efficiency in Indonesia.
From a corporate governance perspective, IPC TPK conducted an assessment to measure the level of GCG implementation and received recommendations for improvement in the future. In 2020, IPC TPK scored 97.04, indicating a good improvement in GCG implementation compared to 2019.
From a financial perspective, the revenue achieved in 2021 increased by 3.7% compared to 2020. The unaudited total revenue in 2021 was IDR 2.51 trillion, while in 2020 it was IDR 2.42 trillion.
“In line with the government’s efforts to revive the national economy, IPC TPK will continue to contribute to reducing logistics costs and increasing national trade. To encourage business growth and expansion, IPC TPK will strengthen its operational and information systems and open up business opportunities through collaboration with customers and business partners,” said Wahyu Hardiyanto, President Director of IPC TPK.