Indonesia Barge Fleet Market Report and Forecast 2024-2032

Indonesia Barge Fleet Market Outlook

The Indonesia barge fleet market size is expected to grow in the forecast period of 2024-2032 at a CAGR of 4.7%. The market is being driven by the growing transportation market, along with the rising import and export activities in the country.

Key Takeaways

• Barges used in Indonesia can range from 180 feet to 365 feet, carrying a total capacity of 12,000 MT.

• Indonesia had one of the largest tog fleets , with 3,600 vessels being registered in 2017.

• Reportedly, the export and import of fish in Indonesia amounted to 1,243,838 metric tons in 2020.

A barge is a specialised type of boat designed primarily for transporting cargo or passengers along rivers, canals, and other inland waterways. These vessels are typically long, flat-bottomed boats that are towed or pushed by tugboats, as they do not have their propulsion systems. This design allows barges to navigate shallow waters and carry large or heavy loads that may be impractical for other types of vessels.

Barges are commonly used for transporting bulk goods such as coal, grain, and raw materials for manufacturing. They are also used for transporting oversized or heavy equipment, such as machinery or construction materials, that cannot easily be transported by road or rail.

The Indonesia barge fleet market is being driven by several key benefits associated with barge transportation. One of the primary advantages is the efficiency of barge transportation, especially for bulk cargo. Barges can carry large volumes of cargo in a single trip, reducing the number of trips needed compared to other modes of transportation. This efficiency not only saves time but also reduces fuel consumption and carbon emissions, making barge transportation an environmentally friendly option.

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Key Trends and Developments

Growing demand for barge logistics; infrastructure expansion of waterways and ports; shift towards eco-friendly solutions, and technology integration for fleet management are positively impacting the barge fleet market growth

Mar 26th 2024

Roll Group held a steel cutting ceremony for Roll Barge One in Batam, Indonesia, entering the barge market with its assets, aiming to align with its strategic vision.

Jan 2nd 2024

The Indonesian Navy planned to purchase more locally-built vessels in 2024, as part of its modernisation programme. This move highlights its commitment to using domestic products.

Nov 3rd 2023

Seacon Shipping announced that it was selling the 2010-built supramax bulker Seacon Dalian, currently on charter, to PT Cakra Buana Resources Energi for $12.8m after lifting a purchase option from BoCom Leasing.

Jun 21st 2022

PT. Karya Teknik Utama (KTU) completed the new twin screw tug Karya Pacific 2232, with successful trials off Batam, Indonesia.

Growing demand for barge logistics

There is an increasing demand for barge transportation in Indonesia due to its cost-effectiveness, efficiency, and ability to transport large volumes of cargo.

Expansion of port and waterway infrastructure by the government

The Indonesian government is investing in infrastructure development, including ports and waterways, which is expected to boost the demand for barge transportation.

Shift towards eco-friendly solutions

There is a growing trend towards using eco-friendly barge fleets, such as those powered by clean energy sources, to reduce environmental impact.

Technology integration for better fleet management

The integration of technology, such as GPS tracking and digital systems for fleet management, is improving the efficiency and safety of barge fleets.

Indonesia Barge Fleet Market Trends

Barges have lower operating costs compared to trucks or trains, primarily due to their lower fuel consumption and smaller crew requirements. Additionally, barge transportation is often less affected by traffic congestion or road maintenance issues, further reducing costs and ensuring timely delivery of goods.

In terms of security and safety of cargo, barge transportation is generally more stable than other modes of transportation, reducing the risk of cargo damage or loss due to accidents or rough seas. Additionally, barge transportation is less susceptible to theft or vandalism compared to road or rail transportation, providing added security for valuable cargo.

The growing adoption of eco-friendly barges amid the need to comply with global environmental regulations that limit emissions of greenhouse gases and pollutants is propelling the Indonesia barge fleet market expansion. Organisations such as the International Maritime Organisation (IMO) have set stringent emissions standards that are pushing the barge fleet operators towards cleaner energy sources.

Additionally, there is growing public and stakeholder awareness about the environmental impacts of shipping, which is prompting companies to adopt greener practices to maintain their public image and customer base. Furthermore, the potential for long-term cost savings through improved fuel efficiency and reduced dependency on volatile fossil fuel markets is a compelling economic incentive.

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Market Segmentation

“Indonesia Barge Fleet Market Report  and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Open Barge

• Covered Barge

Market Breakup by Tonnage Capacity

• 3000 Tonne

• 5000 Tonne

• 8000 Tonne

• 10,000 Tonne

• 12,500 Tonne

• Others

Market Breakup by Application

• Coal and Crude Petroleum Products

• Agricultural Products

• Coke and Refined Petroleum Products

• Chemical and Petrochemical

• Food Products, Beverages, and Tobacco

• Others

Market Breakup by Region

• Capital Area (Jakarta)

• Northeast Coast of Sumatra

• Southern Ports

• Northern Shores of Java

• Western End of Surabaya

Rising demand for energy has enhanced the need for barge fleet for transporting coal and petroleum

Coal and crude petroleum products dominate the Indonesia barge fleet market share, driven by escalating ethanol production and rising crude oil demand in Indonesia. Coal, a principal mining product in Indonesia, is also a vital export commodity. Barges play a crucial role in transporting coal across Indonesian ports, with numerous operators employing barges for this purpose.

Additionally, agricultural products are poised to bolster the growth of the Indonesia barge fleet market in the forthcoming years. This growth is attributed to the expanding use of barges for transporting agricultural produce.

Competitive Landscape

Major players in the Indonesia barge fleet market  are focusing on expanding their services

Habco Indonesia

Habco Indonesia is an Indonesia-based company that was founded in 1991 and offers inter-island voyage services through the Indonesian archipelago. The company is entirely committed to offering an integrated marine solution to its consumers through its multiple business units. Its several business units synergise to provide an exceptional end-to-end marine logistic solution that connects every shipper to its respective clients.

GAC Indonesia Shipping

GAC Indonesia Shipping was established in 1997 in Indonesia. It has a solid base in the local shipping as well as logistics industries through its partnership with PT Andhika Lines. It offers a complete variety of vessels containing dry cargo, tanker, navy, offshore, and cruise vessels.

PT Pelayaran Nasional Bina Buana Raya Tbk

PT Pelayaran Nasional Bina Buana Raya Tbk is a shipping agency company that was founded in 1998 in Indonesia. The company has a huge fleet of barges and tugboats as well as offshore vessels to meet the logistics demand of sea transportation. It has two key business divisions in the form of the Tug & Barge Division and the Offshore Division.

Gurita Lintas Samudera

Gurita Lintas Samudera, based in Jakarta Barat, Indonesia, is a prominent player in the deep sea freight transportation sector. Established in 1971, the company has evolved over the years, originally operating under different names before adopting its current identity in 1988. Gurita Lintas Samudera offers a comprehensive range of shipping services that cater to both international and domestic markets.

Other key players in the Indonesia barge fleet market are PT Sillo Maritime Perdana TBK, among others.

Companies in the Indonesia barge fleet market are experiencing growth, primarily driven by several key factors, including the robust expansion of the mining and agricultural sectors. Notably, Indonesia is one of the top exporters of coal, a majority of which is transported domestically and internationally via barges. This makes barge transportation a cost-effective and preferred method for bulk commodities like coal and crude palm oil, which are abundant in the region.

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Indonesia Barge Fleet Market Analysis by Region

Jakarta, as the capital area, is a significant hub for barge fleets. This region plays a crucial role in the country's transportation and logistics due to its strategic location and extensive waterway networks. The barge fleet in Jakarta is primarily engaged in transporting bulk commodities such as coal, crude petroleum products, and agricultural goods, which are essential for supporting Indonesia's heavy reliance on these industries for economic growth.

The importance of Jakarta in the Indonesia barge fleet market is also highlighted by the presence of major shipping and logistics companies. These companies utilise the waterways to optimise transport costs and efficiency, given the lower expenses associated with water transport compared to road and rail, particularly for heavy and bulk goods.

Key Highlights of the Report