History          

 

 

19884–86

 

Many of our projects is government project with consolidation whereas during that time  there were less company with similar services. The main concern is aggravated with Kepres No. 05 / 1985 regarding the scrapping of vessels above 25 years old. However we see this as an opportunity with the growing number of the vessels number. During this time, we consolidate with PT.PAL and PT. KOJA BAHARI to built the vessels in north korea. As there was optimism in the growth of the market, thus the company enters its growth stage.

 

86-88

 

Indonesia enters an economic crisis that force the government to devaluate the value of Rupiah. Furthermore, with capital flows to foreign country it worsened the economic condition and our company was forced into deciding shrinkage. Most of our project comes from government sectors.

 

88-90

 

Major transformation happen in our company. For the first time, we use the system of Single Business Unit (SBU) instead  of  Total Logistic Solution (TLS) that figures the importance of focusing only project at a time.

 

90-95

 

The growth of the company forces us to recruit more experts in our manpower to succeed. Leadership and management of the company has become the crucial point at this time. After recruitment, we have the manpower to increase our competency and professionalism. Highlighted project this era is Gulf Resources Pte. Ltd. Project in Maltak in natuna archipelago with project valued around 5 million US dollars. Currently Gulf is known as CNOOC SES Ltd.

 

95-98

 

Highlighted project of  the year is  the erection of Barito Bridge with length of 1200 meters which happened  to be the longest bridge of that time. The project use 100% of local manpower with only help of  2 expatriates as supervisors. The project was finished successfully build and finished ahead of the schedule.

 

1998-2000

 

Significant event in the year is that Indonesia entered a chaotic turbulence in the political sector with the downfall of previous President Soeharto. This cause a very significant devaluation of Rupiah that lead to many collapsing sectors especially finance sector.

 

2000-2005

 

Globalization demands the increase in competency especially in Information Technology (TI). The usage of this facility enhances the success of market penetration. IT system increases the reach of the marketing and reduces the barrier to communication with customers. Transfer of technology makes difficult projects easier to handle. International relations have become the backbone that supports the company success. Industries and Oil and Gas sectors becomes the target market as their activities has increased in the period. To reach their expectation of work, standardization becomes very crucial. International Organization of Standardization (ISO) and Health Safety and Environment (HSE) is a prerequisite to cooperate with the company.

 

2005-2008

 

The highlight of this year is the global economic crisis that started by the sudden collapse of American Domestic Economic. The after effect event felt in the Asia pacific area. The competency in financial sector has become crucial especially after the government made a stricter financial policy in every sector. Foreign competition also increased as many trade barriers have been lifted in the era of globalization. To reduce the damage to the domestic market, cabotage system is introduced. However, it only creates a gap in the services. Seeing this opportunity, partnership with foreign company has become a favorable option.

 

2009 Onwards

 

Long term crisis has accelerated the efficiency of work of the company. However, the crisis has led to uncertain future prediction; making long term planning in the financing sector has become very difficult. Priority is now pointed at the market competence and intelligent as well as the ability to read the strength of the competitor. Customer satisfactions have become the source and the peak of achievements. The mobilization of all resource focusing it to the customer followed by the dedication and strong will have become the target of the company. We, Board of Director with every Staff and Employees, will give everything in supporting of the project execution with the highest commitment, helped HSE and ISO to achieve Zero defeat in our services. Reading the macro economic movement becomes simpler with the help of pulling all facilities and operation research to increase the service to our customer. It is very assuring that our company could walk hand-to-hand with our entire customer towards a bright future in front of us.