Indonesia's Meratus Line incorporate its subsidiary MIF Services Pte Ltd
INDONESIA's Meratus Line has announced the incorporation of its subsidiary MIF Services Pte Ltd, an agency dedicated to provide liner, non-liner third party representative services and customised logistics in Singapore and Malaysia.
The set up has the following four representations: Southeast Asia representative office for Meratus Line, which was established in 1957 to operate inter-island container shipping services, including a direct service from Surabaya to Dili, East Timor.
Supported by a fleet of over 44 vessels and 25,073-TEU containers. Meratus currently operates 21 container shipping services within Indonesia. It also provides for coal transport, and has a fleet of tug boats and barges.
Mitra Intertrans Forwarding (MIF) was formed in 1989 and provides total logistic solutions for international and domestic business activities, with the focus on project cargo and general forwarding for FMCG, manufacturing and natural resources (mining, oil and gas) industries in Indonesia.
MOCEAN Shipping Line, is a specialist in a southeast Asia to north western corridor break bulk service (to Fremantle, Dampier, Port Hedland and Geraldton). The company also offers container and ISO tank carriage on the same trade routes. This is a joint venture between Ocean Shipping of Australia and Meratus Line. It currently has two ships deployed.
Finally, MB Lines/NVOCC Services, which is a specialised NVOCC linking the Indonesian archipelago with Southeast Asia. The Meratus network within Indonesia provides "excellent connectivity and linkages" for container shipments from Southeast Asia to all the inner islands of Indonesia. Apart from the above the company also has other NVOCC representation that offers services to ISC, Gulf and East Africa.
- CMA CGM levies US$200/TEU Asia-Red Sea rate hike May 5
- CMA CGM charges US$50/TEU for overweight boxes over 18 tons
- 'K' Line plunges into US$457 million net loss as revenues shrink 8.1pc
- NYK profit falls 61pc to US$168.4 million as revenue falls 5.4pc
- Cosco Pacific profit rises 31pc on box stake sale while revenues slip 2.2pc
- China's FTZs in Tianjin, Fujian, Guangdong, Shanghai pilot reforms