Source file signed link, expires in 15 minutes
Extracted text 198
Page 1
SET
TO
THRIVE
LAPORAN TAHUNAN & KEBERLANJUTAN 2023
PT SAMUDERA INDONESIA TBK | 2023 ANNUAL & SUSTAINABILITY REPORT
05
Page 2
Set to Thrive
Reflects the Company’s loyalty to move forward with resilience in facing ever-
changing challenges. The Company proactively adjusts its strategy and operations
to not only survive, but also thrive amidst fluctuating market conditions. With
more than seven decades of the Company experience, it has brought optimism to
become a leader in the shipping and logistics industry.
i
02
PT SAMUDERA
PT SAMUDERA
INDONESIA
INDONESIA
TBK TBK
Page 3
Table
of
Content
i Theme Explanation MANAGEMENT DISCUSSION & ANALYSIS
80 Economic Review
1 Table of Contents 84 Industry Overview
2 Disclaimer & Limitation of Liability 87 Overview of Operations by Segment
4 Motto 89 Financial performance
5 Highlight of Samudera 93 Liquidity and Solvency
Collectibility of Receivables
HIGHLIGHTS Capital Structure and Policy
8 Financial Data Highlight 94 Investment in Capital Goods and Use
9 Sustainability Performance Highlight Rights Assets
10 Stock Highlights Dividend Realization
Stock Trading Charts Material Facts
11 Sanctions for Stock Trading 96 Business Prospects 2024
Corporate Action
12 Awards and Certifications CORPORATE GOVERNANCE
14 Important Events 2023 102 General Meeting of Shareholders
106 Board of Commissioners
MANAGEMENT REPORT 108 Board of Directors
18 Board of Commissioners Report 110 Nomination and Remuneration of Board of
26 Board of Directors Reports Commissioners and Board of Directors
Supporting Organs of Board of Commissioners
COMPANY PROFILE 115 Supporting Organs of Board of Directors
40 Company Identity 119 Risk Management
42 Vision, Mission and Values of the Company 122 Important Case in 2023
43 Founder Profile Code of Ethics and Business of Conduct
44 Journey of Samudera 123 Anti Corruption Policy
46 Line of Business Violation Reporting System
48 Operational Area 124 Implementation of Public Company Governance
50 Chronology of Share Listing & Composition of Guidelines
Share Ownership
52 Controlling Shareholders SUSTAINABILITY REPORT
53 Capital Market Supporting Institutions and 131 Sustainability Strategy
Professions 136 Sustainability Governance
54 Association Membership Achievement in the Sustainable Economic
55 Organizational Structure Performance
56 Profile of Board of Commissioners 138 Navigating the Oceans with Environmental
60 Profile of Audit Committee Insight
62 Profile of Board of Directors 144 Positive Atmosphere in the Work Environment
64 Profile of Subsidiary Director 147 Employee Demographics
70 Group Structure 154 Building a Conducive Relationship with the
72 Integrated Solutions Community
74 Subsidiaries & Associations 163 Maintaining Customer Satisfaction
164 List of Address
172 Annual Report & Sustainability Accountability
Statement 2023
174 Feedback Form
176 Reference of OJK Circular
No. 16/SEOJK.04/2021
188 Reference of OJK Regulation
No. 51/POJK.03/2017
2023 ANNUAL & SUSTAINABILITY REPORT
01
Page 4
Disclaimer
And
Limitation
of Liability
02 PT SAMUDERA INDONESIA TBK
Page 5
The Establishment of the Annual and Sustainability and future conditions as well as the environment
Report of the Company for the year 2023 uses where Samudera Indonesia conducts its business
standards as stipulated in Financial Services Authority activities.
Regulation No. 29/POJK.04/2016 concerning Annual
Reports of Issuers or Public Companies, as well Financial data presented in this Annual and
as Circular Letter of Financial Services Authority Sustainability Report is consolidated data. Some of
Regulation No. 16/SEOJK.04/2021 concerning the the Sustainability Report’s data presented are not yet
Form and Contents of Annual Report of Issuers or the total data of all entities, however, it has already
Public Companies, and Financial Services Authority reflected the actual data.
Regulation No. 51/POJK.03/2017 concerning the
Implementation of Sustainable Finance for Financial This Annual and Sustainability Report contains the
Services Institutions, Issuers, and Public Companies. words “Samudera Indonesia” and “Company”, which
are the definition of PT Samudera Indonesia Tbk.
This annual report contains statements of financial This report is presented in two languages, namely
condition, operational results, policies, projections, Indonesian and English, presented in separate books.
plans, strategies, and objectives of the Company. The Annual and Sustainability Report can be read
The prospective statements in this Annual Report are and downloaded at the official website of Samudera
subject to multiple assumptions on the most current Indonesia, www.samudera.id.
2023 ANNUAL & SUSTAINABILITY REPORT
03
Page 6
Motto
Patience
Resilience
Persistence
Faith
04 PT SAMUDERA INDONESIA TBK
Page 7
Achievement
of
Samudera
Additional services for
2 2 international routes domestic routes
Operates vessels which classified as Environmentally Friendly.
20 & owned vessels
33
Issued Sukuk Ijarah
chartered vessels
550
amounting to Rp
BILLION
+
A
Obtained a Single
from Pefindo.
Obtained certifications
6 from The International Organization
for Standardization (ISO).
2023 ANNUAL & SUSTAINABILITY REPORT
05
Page 8
06 PT SAMUDERA INDONESIA TBK
Page 9
Highlights
2023 ANNUAL & SUSTAINABILITY REPORT
07
Page 10
Financial
Highlight
Consolidated Statements of Profit Loss and Other Comperhensive income (In USD)
Description 2023 2022 2021
Service Revenues 772.404.229 1.150.960.031 672.918.136
Gross Profit 153.765.562 394.102.632 189.832.769
Profit for the Year 109.996.540 326.997.591 139.077.164
Profit for the Year Attributable to:
Owners of the Parent Entity 74.588.339 212.694.879 93.024.433
Non-Controlling Interests 35.408.201 114.302.712 46.052.731
Total Comprehensive Income Attributable to:
Owners of the Parent Entity 78.698.710 201.151.348 97.267.941
Non-Controlling Interests 35.391.742 113.325.218 46.939.022
Earnings Per Basic Share 0,005 0,065 0,028
EBITDA 246.122.991 460.696.831 196.542.668
Consolidated Statements of Financial Position (In USD)
Description 2023 2022 2021
Investment in Associated Entity and Joint Venture 45.687.881 40.909.762 26.493.428
Total Assets 1.256.963.375 1.153.416.013 829.181.216
Total Liabilities 571.449.588 506.933.368 447.391.043
Total Equity 685.513.787 646.482.645 381.790.173
Financial Ratios (In %)
Description 2023 2022 2021
Return on Assets Ratio 8,8 28,4 16,8
Return on Equity Ratio 16,1 50,6 36,4
Gross Profit to Revenues Ratio 14,2 28,4 20,7
Current Ratio 240,1 204,4 144,8
Liabilities to Total Assets Ratio 45,5 44,0 54,0
Liabilities to Equity Ratio 83,4 78,4 117,2
SERVICE GROSS PROFIT ASSETS (in USD)
REVENUES (in USD) (in USD)
2021 2021 2021
672.918.136 189.832.769 829.181.216
2022 2022 2022
1.150.960.031 394.102.632 1.153.416.013
2023 2023 2023
772.404.229 153.765.562 1.256.963.375
08 PT SAMUDERA INDONESIA TBK
Page 11
Sustainability
Performance Highlights
Economic Performance
Description Unit 2023 2022 2021
Distributed Economic Value USD 774.457.169 878.809.086 546.640.910
Local Supplier Engagement % 89,9 63,6 71,8
Environmental Performance
Description Unit 2023 2022 2021
Energy Used GJ 7.911.925 6.945.381 1.109.284
Energy Intensity GJ/Unit 149.281* 150.986 92.440
Total Emissions ton CO2eq 610.149 533.427 92.775
Emission Intensity ton CO2eq/Unit 11.512* 11.596 7.731
Water Consumed m3 32.742.051 22.996.831 15.893.179
Waste Generated ton 1.886 1.333 2.508
*)Calculation with a different method from reports of year 2022 and year 2021
Social Performance
Description Unit 2023 2022 2021
Total Employees Person 4.721 4.418 3.767
Total Female Employees % 17,14 17,18 17,65
Employees Turnover % 4,71 1,81 1,65
Training Hour/Employee 11,4 8,5 8,2
Corporate Social Responsibility (CSR)
IDR 20.126.829.428 18.933.058.401 7.782.226.001
Cost
2023 ANNUAL & SUSTAINABILITY REPORT
09
Page 12
Stock
Highlights
Summary of Quarterly Stock Trading
Price (Rp) Number Market
2023* Trade Volume of Outstanding Capitalization
Open Close Lowest Highest Shares (Rp)
Q1 386 374 344 490 19.429.700 16.375.600.000 6.124.474.400.000
Q2 378 382 344 392 14.205.400 16.375.600.000 6.255.479.200.000
Q3 386 354 350 406 7.255.400 16.375.600.000 5.796.962.400.000
Q4 354 320 280 382 25.368.400 16.375.600.000 5.240.192.000.000
Price (Rp) Number Market
2022 Trade Volume of Outstanding Capitalization
Open Close Lowest Highest Shares (Rp)
Q1 995 1.580 890 1.595 34.782.400 3.275.120.000 5.174.689.600.000
Q2 1.585 2.780 1.535 4.080 3.329.100 3.275.120.000 9.104.833.600.000
Q3 2.590 2.240 2.100 3.130 13.040.900 3.275.120.000 7.336.268.800.000
Q4 2.280 1.935 1.845 2.630 1.842.200 3.275.120.000 6.337.357.200.000
Stock Trading Graph
Highest Stock
2.780
3000 Price 40.000.000
35.000.000
2500
30.000.000
2000 Volume Trading
25.000.000
Stock Price
1500 20.000.000
15.000.000
1000
Highest Stock 10.000.000
500
Price
382
5.000.000
0 0
Q1 22 Q2 22 Q3 22 Q4 22 Q1 23* Q2 23 Q3 23 Q4 23
Closing Price Volume Trading
*) The Company conducted a stock split with a 1:5 ratio on 31 January 2023
10 PT SAMUDERA INDONESIA TBK
Page 13
STOCK TRADING Up to December 2023, the Company has never been subjected to temporary share
PENALTY trading suspension and/or delisting.
CORPORATE The Company has conducted a corporate action of nominal stock split from Rp25,- per
ACTION share to Rp5,- per share, with 1:5 ratio, effective as of January 31, 2023. After the stock
split, the number of Company shares in circulation increased from 3,275,120,000 shares
to 16,375,600,000 shares, and the nominal value of the shares was from Rp25,- per share
to Rp5,- per share.
The Company issued Sustainable Sukuk Ijarah 1 Phase I in 2023 (Sukuk) amounted to
Rp550 billion in two series, specifically series A and series B, for the period Series A has
370 days and Series B has 5 years. This sukuk was officially listed in Indonesian Stock
Exchange (IDX) on August 3, 2023.
2023 ANNUAL & SUSTAINABILITY REPORT
11
Page 14
Awards
&
Certifications
AWARDS
High Growth Emitent, Launching Indeks
Tempo - IDN Financials 2023.
Learning & Development and Knowledge ISO 37001:2016
Management, Reward Management & certified in 2021 and will be
Talent Retention Strategy, dan recertified in January 2024.
HR Digitalization & People Analytic,
HR Excellence Award 2023.
Company with Digital Innovation,
Indonesia Digital Ecosystem Summit,
Digital Innovation Award 2023.
Premium Emitent of Logistics & Shipment
category, Public Company Entrepreneurial
Marketing Award 2023.
The Best of Transportation & Logistics
Sector, ACSA Award 2023
ISO 45001:2018
certified in the year 2022.
12 PT SAMUDERA INDONESIA TBK
Page 15
ISO 14001:2015 ISO 9001:2015
certified in the year 2022. certified in the year 2022.
ISO 27001:2022 ISO 22301:2019
certified in the year 2023. certified in the year 2023.
2023 ANNUAL & SUSTAINABILITY REPORT
13
Page 16
Jan Mar May
4 22 4
Received 1 container Received 1 container Received 1 container
vessel with a capacity of vessel with a capacity of vessel with a capacity of
1,900 TEUs named 1,900 TEUs named 1,900 TEUs named
Sinar Sanur. Sinar Sigli. Sinar Siantar.
31
Conducted a stock split
with a 1:5 ratio.
31
Established PT ISTA Rasa
Indonesia.
Aug Sep
9
Collaborated with
Hasnur Group by signing
a Memorandum of
Understanding.
1 3 19
Received 1 container Issued Sukuk which Received 1 tanker vessel
vessel with a capacity of was officially listed with a capacity of
1.528 TEUs named in Indonesian Stock 12,963 MT named
Sinar Bukit Tinggi. Exchange Sinar Minahasa.
1 23
Announced the Indonesia Pelabuhan Samudera
distribution of the Interim Palaran was declared as a
Dividend of 2023. National Vital Object and
a Smart & Green Port.
3
Received 1 post-panamax
vessel with a capacity of
87,334 DWT named
Sinar Kuta.
14 PT SAMUDERA INDONESIA TBK
Page 17
Jun Jul
11 27 3
Received 1 container Received 1 tanker vessel Received 1 container
vessel with a capacity of with a capacity of vessel with a capacity of
1,900 TEUs named 7,500 MT named Sinar 1.500 TEUs named
Sinar Saba. Toraja. Sinar Bajo.
16
Established Samudera
Ships Investment Pte Ltd.
28
Held the Annual General
Meeting of Shareholders
and Extraordinary
General Meeting of
Shareholders for the
Financial Year 2022.
Oct Nov
25 13
Significant
Received 1 post-panamax Celebrated its 74th
vessel with a capacity of Anniversary.
87,334 DWT named
Sinar Komodo.
Events
23
Collaborated with
Pandu Laut Nusantara
delivered fishing boats
to the fishermen at
Pangandaran.
2023 ANNUAL & SUSTAINABILITY REPORT
15
Page 18
16 PT SAMUDERA INDONESIA TBK
Page 19
Management
Report
2023 ANNUAL & SUSTAINABILITY REPORT
17
Page 20
Board of Commissioners
REPORT
DEAR VALUED
SHAREHOLDERS AND
“The management must goods logistics and shipping
activities, thereby helping
STAKEHOLDERS, continually enhance the solidify the Company’s
position in the domestic
We present the Annual Company’s competitive market.
Report and Sustainability
Report, outlining our advantage by creating a The Board of Commissioners
journey throughout 2023.
As a shipping company in
robust and consistently proactively monitors global
and national economic
Indonesia that has endured
and grown for over half a
relevant business. It is developments to anticipate
risks and seize emerging
century, Samudera Indonesia achieved through the opportunities. Effective
has navigated through adaptation and anticipation
various phases of growth and development of suitable strategies are necessary to
challenges, adapting to the navigate changes in market
changing times and dynamics business models, demand, regulations, and
of the global and national
shipping industry. With a
strategic partnerships, competitive dynamics.
Therefore, the Board of
diverse business portfolio
encompassing shipping, ports,
investments in Commissioners is committed
to rigorous strategic oversight,
logistics, and services, The productive assets, as ensuring the Company not
Company has been supporting only survives in the face of
the national economic growth well as carrying out the global and national challenges
and integrating with global but also leverages every
trade. process of long-term available opportunity for
The Board of Commissioners
ESG implementation.” the Company’s growth and
sustainability.
understands that the global
and national economies play a significant role in THE BOARD OF COMMISSIONERS’ VIEW ON
influencing the Company’s performance. Global COMPANY PERFORMANCE.
economic fluctuations and a slowdown in economic In general, the Board of Commissioners sees that
growth in various countries throughout the year 2023 the Company has been able to overcome challenges
have significantly impacted purchasing power and and optimize opportunities during the year 2023.
maritime trade volume. The end of global restrictions In addressing the declining global freight rate and
post-pandemic has normalized shipping services and transportation volume, the Board of Commissioners
led to an increase in vessel supply, causing a decline appreciates the performance of the Board of Directors
in global freight rates. in maintaining the Company’s resilience. Samudera
Indonesia’s performance in the year 2023 is quite
On the other side, Indonesian economic growth is satisfactory as operational and financial achievements
still relatively stable, supported by strong domestic have exceeded previously set targets and are better
consumption and an expansive phase of the industry. than the pre-pandemic year of 2019 when business
The improvement of Indonesia’s infrastructure was running normally.
quality supports the smooth running of domestic
18 PT SAMUDERA INDONESIA TBK
Page 21
Shanti
Lasminingsih
Poesposoetjipto
2023 ANNUAL & SUSTAINABILITY REPORT
19
Page 22
Board of COMMIS S 20 PT SAMUDERA INDONESIA TBK
Page 23
SIONERS
left to right:
(Almarhum) Kuntoro Mangkusubroto • Anugerah Pekerti • Amir Abadi Jusuf
• Shanti Lasminingsih Poesposoetjipto • Masli Mulia • Hoesen • Ken Narotama Hidayatullah
2023 ANNUAL & SUSTAINABILITY REPORT
21
Page 24
From shipping business line, oversees every strategy and policy they remain cautious in making
especially the tanker and bulk, pursued by the Board of Directors Company business investments for
both revenue and volume show during the year 2023. The Board sustainable growth.
improvement. The Port business of Commissioners evaluates that
also recorded positive growth. in managing the Company, the From a financial perspective,
Likewise, the logistics business Board of Directors has taken the Board of Commissioners
line managed to increase revenue optimal and prudent steps, in highlights that the strategies
compared to year 2022. Overall, developing efficient strategies and and policies pursued by the
in the year 2023, the Company good employees management, Board of Directors have been
successfully recorded a total as well as being astute in seizing effective in responding to existing
revenue of USD 772.4 million, available opportunities. The challenges and utilizing the
with a net profit of USD 74.6 Board of Commissioners also Company’s financial strengths.
million. These achievements have assesses that the Board of Management has implemented
surpassed the targets set at the Directors has communicate with several key strategic initiatives,
beginning of the year. the Board of Commissioners as such as increasing the number
all strategic initiatives and issues of containers, tanker, and bulk
The Board of Commissioners are discussed together with the vessels, expanding strategic
including its committees actively Board of Commissioners, and partnerships so that the Company
operates at the right size in line
with market characteristics. Aside
from that, increasing working
investments through the issuance
of ijarah sukuk is considered
appropriate from a financing
perspective. We view the
implementation of these strategic
initiatives as appropriate, as they
not only address challenges in the
reporting year but also depicted
mitigation steps toward future
years business prospects.
In line with the performance
of Environment, Social, and
Governance (ESG), the Board
of Commissioners view that the
Board of Directors has a strong
commitment and sustainability
culture. The Company has
implemented best practice
Social and Governance principles
and continues to do so, as can
be seen from various social
programs that have a positive
and broad impact, as well as
transparent and professional
Company governance. Based on
the principle of Environmental
Sustainability, the Company has
established a Corporate ESG
Division as of 2023 which in the
future will develop the Company’s
long-term roadmap so that it
can contribute more to fulfilling
22 PT SAMUDERA INDONESIA TBK
Page 25
government targets related to
the low emission policy in the
national shipping and logistics
sector. Currently, the Company is
in the process of moving towards
a Green Port at Pelabuhan
Samudera Palaran, and uses
low sulfur & carbon ship fuel on
international and domestic routes.
The Board of Commissioners
views the current and future
focus should also include
improving infrastructure that
supports the right business
model. The Company must be
agile enough to face changes
and be careful in observing
trends and opportunities.
The implementation of the
latest information technology
to improve the operational
performance of vessels in the
shipping business line is also
a crucial challenge that needs
to be considered. Additionally,
the challenge of creating an
environmentally friendly shipping
business ecosystem needs to be
a focus for the Company. The
Company’s collaboration with
various parties is essential for
addressing the impacts of climate
change.
SUPERVISION AND
GOVERNANCE ROLE.
The Board of Commissioners
acknowledges Management’s
commitment to continuously social and environmental aspects realization of acquiring new Tier
improve and align the Company’s in designing and implementing 3 technology vessels and the
management with the latest the Company’s development implementation of increasingly
best practices in Corporate plans. environmentally friendly
Governance (GCG) while adhering operational activities is considered
to all applicable regulations is The Board of Commissioners appropriate responses outlined by
already immaculate. Considering believes the Company will be the Management.
the increasing importance of able to achieve quality and
the Company’s role in achieving sustainable business growth by OUTLOOK ON BUSINESS
Sustainable Development Goals, responding to various aspects PROSPECTS.
the Board of Commissioners related to sustainability, so that Global economy growth in
request Management to increase the economic performance of the 2024 is predicted to improve.
the integration of implementation Company can progress in line with Although still overshadowed by
of the governance quality with the improvements in environmental prolonged geopolitical conflicts,
management and mitigation of and social performance. The global inflation is expected to
2023 ANNUAL & SUSTAINABILITY REPORT
23
Page 26
APPRECIATION AND CLOSING
STATEMENT.
On behalf of the Board of
Commissioners, we grants its
highest appreciation to the late
strategies and policies to leverage Mr. Kuntoro Mangkusubroto as
the opening opportunities Independent Commissioner for
for growth both globally and 2017-2023 period for his inspiring
domestically. The investments leadership in producing optimal
slope down, leading to a gradual in capacity expansion made performance. The Company’s
reduction in the previously in the year 2023 and those success would not have been
implemented high-interest rate planned for the year 2024 will possible without direction
policies by advanced economies. increase the Company’s agility and wisdom he provided. The
This condition has the potential to in achieving better performance. Company would like to express its
reignite economic activities and It is also necessary to continue deepest gratitude for being part
the global supply chain. strengthening supporting business of the Samudera family.
lines so that the Company
IMF and WTO forecast the global can consistently enhance its We also would like to express
trade volume will expand more competitive advantage amid our appreciation to the Board of
than the overall global economic market growth. Directors, management, and all
growth. The volume of container employees for their hard work,
trade across Asian regions is EVALUATION OF THE BOARD OF dedication, and commitment.
predicted to grow higher than in DIRECTORS’ PERFORMANCE. Despite the challenging
the year 2023, considering the Throughout the year 2023, the conditions in year 2023, they
WTO projection which states that Board of Commissioners has have achieved results above the
trade growth in the Asian region carried out rigorous oversight set targets and have positioned
could grow in the range of 5.4% of the strategies and policies the Company to seize better
YoY. implemented by the Board of opportunities in the years ahead.
Directors. We believe that the We also extend our gratitude
As mentioned above, prolonged Board of Directors has taken and sincere thanks for the
geopolitical conflicts, especially effective steps to address existing unwavering support and trust from
in the Red Sea, will still be a challenges and optimally leverage stakeholders, including customers,
challenge for the international positive trends in the shipping shareholders, business partners,
shipping business. Meanwhile, industry. and the government.
the domestic shipping business is
expected to continue the positive Efforts to continually enhance On behalf of the Board of
growth, encompassing inland the Company’s competitive Commissioners
transport, warehousing, port, advantage by creating a strong
shipping, and forwarding. It aligns
with the projected economic
and relevant business, achieved
through various corporate Shanti
growth in Indonesia, which is strategies such as developing Lasminingsih
Poesposoetjipto
targeted to surpass the realized suitable business models,
growth in the year 2023, standing strategic partnerships, and
at 5.05%. investments in productive assets,
were noteworthy. Therefore, President Commissioner
Considering these various the Board of Commissioners
potentials, the Board of believes the Board of Directors
Commissioners is optimistic have successfully maintained the
in the year 2024 the Company stability and healthy growth of the
will be able to achieve greater Company’s business.
positive performance. The Board
of Commissioners encourages
management to continue to
prepare various alternative
24 PT SAMUDERA INDONESIA TBK
Page 27
2023 ANNUAL & SUSTAINABILITY REPORT
25
Page 28
Board of Directors
REPORT
DEAR VALUED SHAREHOLDERS AND ECONOMIC AND INDUSTRY OVERVIEW.
STAKEHOLDERS, Geopolitical conflicts in Europe and the Middle East,
along with the occurrence of the El Nino phenomenon
First and foremost, allow us to express our gratitude during the year 2023, have disrupted global supply
to Allah SWT for His blessings and grace. Through chains and increased energy commodity prices which
His mercy, the Company has navigated through a led to an increase in global inflation. This situation
dynamic and challenging year, consistently achieving has triggered a climate of high-interest rates due to
performance that surpasses the set targets. the efforts of various major central banks to reduce
The global economic growth
has once again slowed
down due to prolonged
“The conditions of the year 2023
geopolitical conflicts, resulting which was quite challenging prompted
in sustained high global
inflation rates. This situation the Board of Directors to implement
has led major central banks
to maintain high benchmark strategic initiatives to respond to
interest rates. Ultimately,
the global economic growth
the decline in freight rates and the
has decelerated, and world
trade volume has declined
increased vessel supply, as well as the
compared to the previous year. weakening global economy. Various
Meanwhile, the availability
of modes of transportation strategic initiatives undertaken have
such as container vessels
and bulk carrier fleets has enabled the Company to overcome
rebounded after limitations
in the previous year. These
challenging business conditions,
conditions have exerted
pressure on the average global
achieve performance beyond the
freight rates in 2023 compared set targets, and strengthen various
to the preceding year, while
competition has intensified. fundamental aspects to seize the best
We have successfully growth opportunities in the years
maximized all available
resources to overcome
ahead.”
the challenging business
conditions, achieving performance beyond the the rate of inflation. The escalation of conflict in the
set targets, although declining in line with market Middle East is one of the main challenges that needs
conditions. Despite market challenges, we have to be monitored, considering that its impact could
maintained and improved the quality of services affect the performance of international sea transport
provided to our customers. in the future.
26 PT SAMUDERA INDONESIA TBK
Page 29
Bani
M. Mulia
2023
2023 ANNUAL
ANNUAL & SUSTAINABILITY
& SUSTAINABILITY REPORT
REPORT
27
Page 30
Board of DIREC 28 PT SAMUDERA INDONESIA TBK
Page 31
CTORS
left to right:
• F. Helianti Sastrosatomo
• Bani M. Mulia
• Tara Hidayat
• Ridwan Hamid
2023 ANNUAL & SUSTAINABILITY REPORT
29
Page 32
Meanwhile, the domestic
economy grew by 5.05% amidst
the weakening global economy.
Domestic consumption was
the main key to supporting the
domestic economy. Positive
achievements were also
reflected in the Transportation
and Warehousing sector which
recorded growth of 14.0%.
Apart from that, efforts to
control domestic inflation also
succeeded in reducing the turmoil
that occurred in the global
supply chain, so that inflation
in Indonesia was at the level
of 2.6%. From the investment
side, improving the investment
climate has encouraged the
realization of investment in
various regions, including the
realization of investment in
connectivity infrastructure. This
encourages aggregate demand
for goods between regions to
also increase. The optimism
reflected domestically has created
opportunities for business actors,
including those operating in the
transportation and logistics sector.
STRATEGIES TO OVERCOME
CHALLENGES AND SEIZE
OPPORTUNITIES.
In response to the above
challenges, we swiftly took
strategic and tactical anticipatory
measures, considering all
competencies and asset
support in each business line.
Simultaneously, we implemented
efficiency improvements in
all operational activities while
continuing to provide the best
services to our customers.
In year 2023, we executed
several key strategic initiatives
to strengthen the company’s
foundation, addressing the
challenging business conditions
and anticipating the growth in
demand for the services provided
in the future. Some of the main
30 PT SAMUDERA INDONESIA TBK
Page 33
strategies we implemented a better working environment depots, inland transport, and
include adding new vessels and for employees and community warehouse to integrated logistics
upgrading vessels, especially empowerment activities. Then, in centers. We continue to optimize
environmentally friendly vessels, the Governance aspect, we focus unproductive equipment and
expanding strategic partnerships on strengthening governance to relocate operational fleets to
as a form of unorganic growth support a growing and resilient more productive production units.
strategy, expanding routes business. Aside from that, we also enhance
and entering new markets, and asset optimization efforts by
financial strategies related to In maximizing opportunities leasing various available vessels
working investment increase arising from the growth of loading to meet the increased demand for
through the issuance of ijarah and unloading activities at domestic transportation routes.
sukuk. various major ports in Indonesia,
including those managed by the FINANCIAL PERFORMANCE
Regarding the Environmental, Company, we have improved OVERVIEW.
Social, and Governance (ESG) service quality by implementing The decline in global economic
aspects, the Company established system applications and IT, adding growth and the recovery of
several key strategies. In the handling equipment, operating shipping services availability
environmental aspect, the 24x7, and gradually implementing post-pandemic have led to
ESG strategy is focused on a green port system. These efforts, a decrease in the average
reducing carbon footprint, in addition to increasing revenue, international ship freight rates
managing water and waste, have improved productivity and with the average freight rate a
and biodiversity. Some of the efficiency, allowing the port 39% decrease compared to the
main initiatives implemented by business segment to achieve average freight rate in year 2022.
the Company include the use increased profits. This resulted in the Company’s
of low sulfur fuel ships, energy revenue amounting to USD772.4
efficiency, and biodiversity Similar efforts have been applied million, a decrease of 32.9% from
protection. In the social aspect, to all segments of Samudera USD1,151.0 million in the previous
the Company focuses on creating Logistics, ranging from container year.
2023 ANNUAL & SUSTAINABILITY REPORT
31
Page 34
Additionally, during the year USD160,5 million, an increase We also implemented a stock split
2023, there was an increase in from USD 106.6 million in the year corporate action with the primary
fuel prices, leading to higher 2022, and also by right of use goal of enhancing the Company’s
operational costs, therefore we amounting USD126.8 million an brand awareness in the financial
continue to conduct efficiency increase from USD113.7 million in market and increasing public
efforts. Although, impacted year 2022. investors’ ownership. Through
by the freight rate decrease, this program, the number of
the Company maintained its Various conservative measures public shareholders significantly
performance well compared to implemented, and as part of the increased from 21,439 to 30,842
pre-pandemic. We acknowledge careful fleet expansion strategy, investors.
the freight rate increase in the past led to an increase in assets by
two years was an anomaly, thus 9.0% to USD1,257.0 million from OVERVIEW OF BUSINESS
in year 2023, we pursued financial USD1,153.4 million in the previous LINES.
management more conservatively. year. Samudera Shipping remains
Thanks to these efforts, we were the largest contributor to the
still able to achieve a net profit In terms of financing, in year 2023, Company’s revenue, accounting
above the previously set target of we issued Sukuk Ijarah amounting for 79% of the total revenue. The
USD74.6 million to a total of IDR550 billion, significant decline in average
entirely utilized to strengthen the international freight rates in year
In year 2023, the Company Company’s operating capital, and 2023 compared to the pandemic
realized the investment by capital vessel purchase. years of 2021-2022 and a relative
expenditures amounting to decrease in cargo volume (lifting
32 PT SAMUDERA INDONESIA TBK
Page 35
We continued strategic steps of The Samudera Services
realizing the purchase of new business line also continues to
vessels by adding 10 vessels in show significant progress by
the year 2023, seeking alternative successfully achieving a revenue
sources of quality-chartered growth of 13%, reaching USD24.1
vessels, refurbishing, and million from USD21.4 million in the
simultaneously decommissioning previous year. Despite providing
some vessels that had entered the a relatively limited contribution,
impairment period. we continue to strive to develop
services for third parties while
Another step taken in the shipping remaining focused on improving
business line is the optimization of internal services. In the future,
cargo load factor utilization. We the Company will continue to
are also increasingly intensifying expand the coverage of this
efforts to collaborate with various business line by adding types of
strategic partners to optimize the service products in line with the
utilization of our ship fleet. We developments in the shipping and
are also exploring the possible transportation industry.
expansion of freight service routes
to the European region. MANAGEMENT AND
DEVELOPMENT OF HUMAN
We also strive to maximize RESOURCES COMPETENCE.
revenue from the Samudera The Company views employees
Logistics business line by as its most valuable asset. In
optimizing the potential of managing human resources, the
increased inter-regional shipping Company has set a target to
activities, as well as import-export become the top of mind employer
activities and shipping through by year 2025. Throughout 2023,
major ports in Indonesia, in line the Company implemented
with the continued high economic integrated and agile Human
growth. The logistics business line, Resources Management. Some
the second-largest contributor, key programs implemented
volume), resulted in a decrease in was able to generate revenue of include the implementation of
revenue in the shipping business USD106 million, an increase of 16% the Human Capital Management
line. compared to the previous year. System (HCMS), the Samudera
The increase in revenue in the Management Development
Despite the above challenges, we logistics line is mainly attributed Program (SMDP), the formulation
successfully maximized revenue to the Company’s consistency of succession plan guidelines,
from domestic routes, thus the in acquiring businesses and Samudera Leaders Camp, and
revenue from the shipping collaborating with several learning strategic alignment.
business line decrease by only strategic partners to enhance the
40% while average freight rates performance of this business line. As a manifestation of the
on international routes decreased commitment to improving
by 39%, and cargo volume also The Samudera Ports business employee competence, in
decreased by 9%. Revenue in the line also yielded positive results, year 2023, we carried out
shipping business line reached recording a revenue growth comprehensive knowledge
USD617.0 million, decreasing by of 9% to USD52,3 million from management combining
40% from USD1,022.4 million in USD48,2 million in the previous online and offline competency
year 2022. Through the strategic year. The increase in revenue development. Throughout year
efforts undertaken, we managed in the Samudera Ports business 2023, we organized 11.4 hours of
to achieve a net profit in the line is supported by the growth training per employee, an increase
shipping line of USD112.1 million. in domestic throughput 2.4% of 33.87% from the previous year.
This achievement exceeded the compared to year 2022. We also enhanced the integration
targets set by the Company. of the Samudera Indonesia
2023 ANNUAL & SUSTAINABILITY REPORT
33
Page 36
Information System (SISI) and IMPROVING THE QUALITY OF procedures. Additionally, we
Human Resources Information CORPORATE GOVERNANCE continuously improve the
System (HRIS) functions, allowing IMPLEMENTATION. quality of risk management and
the Company to optimize its We believe the implementation procurement by implementing
resources while providing of Good Corporate Governance Enterprise Risk Management
attractive and competitive reward (GCG) will provide long-term (ERM) and Vendor Management
packages. benefits for the Company’s System (VMS) that integrates ESG
growth and value. Therefore, all aspects in line with sustainable
Realizing the Company’s levels of the Company, always business principles.
business areas require robust strive to implement all basic
safety and security standards, principles of GCG effectively and Each Subsidiary also has a
we have implemented ensure compliance with applicable risk champion responsible for
operational standards based regulations. registering risks to mitigate
on Quality, Health, Safety, and potential negative impacts on
Environment (QHSE) management In the effort to enhance the the Company’s performance. The
certifications, particularly ISO quality of corporate governance results of the supervision process
9001, ISO 14001, and ISO 45001, implementation, we reinforce the serve as an evaluation material
obtained in February 2022. We soft structure of governance by for improving the Company’s risk
believe the implementation of completing policies, Standard management.
these global QHSE standards will Operating Procedures (SOPs),
create a positive impression for and supporting documents for SUPPORTING THE
all stakeholders of the Company. the implementation of good ACHIEVEMENT OF
As a result of these efforts, governance. We also strengthen SUSTAINABILITY GOALS.
throughout year 2023, there were the hard structure through As a large company with an
no accidents or work-related initiatives such as establishing extensive operational area, we
fatalities (zero accident and the Corporate ESG Division consistently implement various
fatality). and socializing all compliance programs in line with economic
34 PT SAMUDERA INDONESIA TBK
Page 37
performance with a commitment
to environmental improvement
and community welfare. In fulfilling
our sustainability commitment, we
execute a sustainability strategy
focusing on the pillars of the
environment, social responsibility,
and governance.
In the environmental pillar, we
adopt environmentally friendly
operational management with
three main strategies: reducing
carbon footprint, managing water
and waste, as well as promoting
reforestation and biodiversity.
As part of our emissions control
strategy, we operate vessels
equipped with the latest
technology and use low sulfur
fuel. Additionally, we implement
energy-saving programs in both
shipping systems and throughout
the Company’s offices.
The Company’s effors to reduce
waste generation and manage
waste are in collaboration with
specially certified companies. We
also strive to preserve biodiversity
by reducing underwater noise and
marine pollution and avoiding
shipping routes with high
biodiversity or protected areas.
Additionally, all our operated
ships even have ballast water
treatment technology to preserve
biodiversity.
In the social pillar, we focus on
creating a safe and comfortable
working environment for
employees and empowering
communities. We implement
corporate social responsibility
programs professionally managed
by the Samudera Indonesia
Foundation, which are: Samudera
Peduli, Samudera Edukasi, and
Samudera Ilmu, focusing on
relevant fields. School boats are
our flagship program to support
school activities as a manifestation
of the Company’s care for
communities in remote areas.
2023 ANNUAL & SUSTAINABILITY REPORT
35
Page 38
The last pillar is the Governance pillar. In this pillar, mentions that benchmark interest rates is expected
we integrate business strategies to achieve optimal to start declining, accompanying decline in the
performance growth and resilient business through global inflation rate. Even so, geopolitical conflicts
the implementation of good corporate governance. are predicted to remain as a major challenge in 2024.
The Indonesian government projects in year 2024 that
In supporting sustainability programs in year 2023, the Indonesian economy can grow by 5.2% with the
we allocated an expenditure of Rp20.1 billion, inflation target is around 2.8%, even though it is in a
increased compared to Rp18.9 billion in the previous political year.
year.
This optimism for improvements in global and
PROSPECT, OPPORTUNITIES, AND STRATEGIES domestic economic conditions is an opportunity
FOR 2024. that we will take advantage of to achieve the best
The year 2024 is seen as a turning point in performance in 2024. Various strategic initiatives
strengthening the global economy by various global have also been prepared to prioritize all potential
financial institutions. The IMF, in its January 2024 and opportunities available in the market in order to
release of the World Economic Outlook (WEO), encourage growth in each business line.
36 PT SAMUDERA INDONESIA TBK
Page 39
APPRECIATION AND CLOSING. With all this support, we will continue to strive
In concluding this report, the Board of Directors towards realizing our vision to provide quality global
and the entire management of the Company would connectivity in the future, sustainable business, and
like to express gratitude to all employees for their delivering the best returns to our shareholders,
dedication, hard work, commitment, and sincerity especially, and to all stakeholders in general.
in carrying out their tasks by applying their best
competencies throughout the year 2023. On behalf of the Board of Directors
We also extend our gratitude to the Board of
Commissioners and Shareholders who have bestowed Bani M. Mulia
trust, and invaluable advice, consistently guiding
our steps. Deep appreciation is also directed to all President Director
stakeholders for the support, and cooperation having
been given and maintained throughout this period.
2023 ANNUAL & SUSTAINABILITY REPORT
37
Page 40
Samudera
Profile
38 PT SAMUDERA INDONESIA TBK
Page 41
2023 ANNUAL & SUSTAINABILITY REPORT
39
Page 42
COMPANY NAME PT Samudera Indonesia Tbk DATE OF ESTABLISHMENT 13 November 1964 LEGAL BASIS OF ESTABLISHMENT Notary Deed No. 33 year 1964, signed before Notary Soeleman Ardjasasmita, S.H. with the latest Articles of Association based on Deed No. 58 year 2023, signed before Notary Jessy Darmawan, S.H., M.Kn. CORE BUSINESS Integrated Shipping and Logistics Services NUMBER OF EMPLOYEES 4.726 as of 31 December 2023 AUTHORIZED CAPITAL Rp300,000,000,000 consists of 60,000,000,000 shares, with a nominal value of Rp5 per share ISSUED AND FULLY PAID CAPITAL 27.29% or equivalent to 16,375,600,000 shares with total nominal value of Rp81,878,000,000. LISTING DATE IN STOCK EXCHANGE 5 July 1999 STOCK TICKER SMDR HEAD OFFICE ADDRESS Samudera Indonesia Jl. Letjen S. Parman Kav. 35 Jakarta 11480, Indonesia Phone : (021) 5480088, 5347210, 5304185, 5494993 Email : corporate.secretary@samudera.id investor.relations@samudera.id Website : samudera.id 73 15 OFFICE NETWORK Domestic Offices Overseas Offices 40 PT SAMUDERA INDONESIA TBK
Page 43
2023 ANNUAL & SUSTAINABILITY REPORT
41
Page 44
Vision
Connecting
Indonesia
Mission
• Providing transportation services to meet the demand
of goods distribution activities from and to throughout
Indonesia.
• Continuously ensure sustainable business growth and
deliver additional value to shareholders.
• Positively contribute to Indonesia economic growth by
providing efficient logistics solutions.
• Actively participating in creating employment and
developing human capital competency in Indonesia.
• Ensure OHS and environment protection in all actions.
Company Values
Integrity
and
Professionalism
42 PT SAMUDERA INDONESIA TBK
Page 45
Soedarpo
Sastrosatomo
Our Founder was born in Pangkalan Susu,
North Sumatra on 30 June 1920.
In October 1952, Soedarpo established his first
company, NVPD Soedarpo Corporation, which
operated in commerce, import, and distribution.
On 1 March 1953, Soedarpo took over and became
the Managing Director of NV ISTA (Internationale
Scheepvaart Transport Agenturen). In November
of the same year, Soedarpo established Indonesia
Stevedoring Ltd (INSTEL), and in 1956, INSTEL
acquired Stroohoeden Veem (later became PT
Sinar Harapan Veem Indonesia – SHVI), the largest
stevedoring and warehousing company in Surabaya at
the time.
On 13 November 1964, through ISTA, INSTEL,
and SHVI that he controlled, Soedarpo established
PT Perusahaan Pelayaran Samudera “Samudera
Indonesia”, and became President Director until
2000 and President Commissioner until he passed
away on 22 October 2007.Throughout his career,
Soedarpo was active in various professional and
social organizations, such as serving as the Chairman
ofINSA (Indonesian National Shipowners’ Association).
He was also one of the District Governors of Rotary
International in Indonesia, as well as the founder and
Chairman of Indonesia Rotary Foundation.
In 1985, Soedarpo was awarded “Orde van OranjeNas-
sau” by the Kingdom of Netherlands for his
services to the society. In 1995, he was awarded
“Bintang Mahaputra Pratama” from the President
of the Republic of Indonesia, and on 28 September
2000, he was inducted into the “Maritime Asia Hall of
Fame”, as a recognition for his career achievement in
developing Samudera Indonesia as one of the most
respected maritime companies in Asia.
2023 ANNUAL & SUSTAINABILITY REPORT
43
Page 46
1949 NV ISTA (Internationale Scheepvaart Transport Agenturen) was established.
-1959
1960
-1970
PT Perusahaan Pelayaran Samudera (“Samudera Indonesia”) was established.
Commenced dry-bulk shipping services.
1971
-1981
Established inland transport company.
Provide project logistics services.
1982
-1992
Established stevedoring company as the starting business to become a terminal
operator.
Commenced container feeder shipping services.
Commenced container depot business.
Established a warehouse business unit.
1993 Established an international container shipping business unit in Singapore.
-2003 IPO of Samudera Shipping Line Ltd on the Singapore Stock Exchange.
Listing of the shares of PT Samudera Indonesia Tbk in the Jakarta Stock Exchange.
Commenced activity in Dermaga Serbaguna Nusantara.
44 PT SAMUDERA INDONESIA TBK
Page 47
Journey of
Samudera
2004
-2014
Commenced Liquefied Natural Gas (LNG) transportation business.
Operate Palaran Container Terminal in Samarinda.
Manage LNG Terminal.
2015
-2023
Provide port management supporting services.
Provide shipping agency services.
Share stock split with a 1:20 ratio.
Commenced cold storage business.
Commenced business in providing crews for cruise ship.
Commenced inland transportation services in Malaysia.
Acquisition of Samudera Kirana building.
Share stock split with a 1:5 ratio.
The Company issued the Continuing Sukuk Ijarah
Commenced food and beverages business
2023 ANNUAL & SUSTAINABILITY REPORT
45
Page 48
Line of
Business
SHIPPING PORTS
• Shipowning • Port And Terminal Developer
• Container Shipping Operator • Port Operator
• Bulk Carrier and Tanker • Container Terminal Operator
SAMUDERA CARGO
• Ship Management • Bulk Terminal Operator
SERVICES LLC
• Crewing and Manning • Equipment Provider
• Shipping Agencies • Port Equipment Maintenance
and Repair
SAMUDERA INTERMODAL
SDN BHD
PT PERUSAHAAN PELAYARAN PT SAMUDERA PELABUHAN
NUSANTARA PANURJWAN INDONESIA
SAMUDERA SHIPPING LINE
(INDIA) PVT LTD
PT SAMUDERA SARANA
SAMUDERA SHIPPING LINE LTD
TERMINAL INDONESIA
SAMUDERA TRAFFIC CO LTD
PT SAMUDERA AGENCIES PT PELABUHAN SAMUDERA
INDONESIA PALARAN
PT CUMAWIS
PT SAMUDERA INDONESIA
PT PRIMA NUR PANURJWAN
SHIP MANAGEMENT
FOREMOST MARITIME PTE LTD
PT SAMUDERA PERKAPALAN
PT TANGGUH SAMUDERA JAYA
INDONESIA
LNG EAST-WEST SHIPPING
COMPANY (SINGAPORE)
PTE LTD
PT SAMUDERA SHIPPING
PT ASTA RIKA STUWARINDO
SERVICES
PRIME MARITIME DWC LLC
PT SAMUDERA SHIPPING
PT SAMUDERA GOLDEN MITRA
INDONESIA
SAMUDERA SHIP
MANAGEMENT PTE LTD
PT SAMUDERA ASAHI SHIPPING PT SAMUDERA MITRA DEPO
SAMUDERA TANKERS PTE LTD
SAMUDERA SHIPS
INVESTMENT PTE LTD
OCEAN SHIPS
INVESTMENT PTE LTD
46 PT SAMUDERA INDONESIA TBK
Page 49
LOGISTICS SERVICES
• Consulting Service
• Logistic Service Provider
• Employment Services
• Project Logistics
• General Support Services
• Warehousing & Distribution
• IT Service
Center
• Meetings, Incentives,
• Container Depot Service
Conferencing and Exhibition
• Inland Transportation
• Property Investment
• Cold Chain Logistics
• Property Developer &
Management
PT SAMUDERA SARANA SILKARGO LOGISTICS PT SAMUDERA PROPERTI
LOGISTIK (SINGAPORE) PTE LTD INDONESIA
PT SAMUDERA LAKSANA SAMUDERA LOGISTICS
SAMUDERA PROPERTY LTD
PERDANA DWC LLC
PT SAMUDERA LOGISTICS PT SAMUDERA
PT SAMUDERA PERDANA
SERVICES DAYA MITRA
PT MARUZEN SAMUDERA PT PRAWEDA SARANA
PT ADIB COLD LOGISTIC
TAIHEIYO INFORMATIKA
PT MASAJI KARGOSENTRA
PT SAMUDERA JWD LOGISTICS PT ISTA INDONESIA
TAMA
SHAL HAWK SILKARGO OCEAN TECHNOLOGIES
PT MASAJI PRAYASA CARGO
SDN BHD PTE LTD
PT MASAJI TATANAN SAMUDERA LAUTAN EMAS PT SAMUDERA INDONESIA
KONTAINER INDONESIA SDN BHD MITRA MANAJEMEN
PT SATUAN HARAPAN
PT SILKARGO INDONESIA
INDONESIA
PT ISTA RASA INDONESIA
2023 ANNUAL & SUSTAINABILITY REPORT
47
Page 50
Areas
Operation
PAKISTAN
UAE
INDIA
INDONESIA SRI LANKA
SUMATERA JAWA BALI SULAWESI
KUALA TANJUNG CILEGON BADUNG KENDARI
MEDAN JAKARTA MAKASSAR
DUMAI BANDUNG KALIMANTAN BITUNG
BATAM PATIMBAN PONTIANAK
PEKANBARU CIKAMPEK BANJARMASIN PAPUA
PADANG CIKARANG BALIKPAPAN SORONG
JAMBI CIREBON SAMARINDA TELUK BINTUNI
PALEMBANG CILACAP PALARAN BIAK
BENGKULU BENGKULU BONTANG
BANDAR LAMPUNG SEMARANG TARAKAN
YOGYAKARTA
SOLO
JEPARA
SURABAYA
JEMBER
MADURA
48 PT SAMUDERA INDONESIA TBK
Page 51
CHINA
HONG KONG
BANGLADESH
MYANMAR PHILIPPINES
THAILAND
CAMBODIA VIETNAM
MALAYSIA
SINGAPORE
2023 ANNUAL & SUSTAINABILITY REPORT
49
Page 52
Share Listing
Chronology
5 JULY
1999
The Company’s shares were listed on the Indonesia
Stock Exchange, with listed shares of 163,756,000 and
a nominal value of Rp81,878,000,000.
4 AUGUST
2017
The Company conducted a stock split with a ratio of
1:20, and therefore the share value of Rp500,- per
share to become Rp25,- per share.
31 JANUARY
2023
The Company conducted a stock split with a ratio of
1:5, and therefore the share value of Rp25,- per share
becomes Rp5,- per share.
Shareholding
Composition
31 December 2023
1 January 2023
(after Stock Split)
Shareholders
Total Shares Persentase Total Shares Percentage
(in shares) (%) (in shares) (%)
Majority Shareholders (more than 5% ownership)
PT Samudera Indonesia Tangguh 1.898.800.000 57,98 9.494.000.000 57,98
PT Ngrumat Bondo Utomo 470.329.960 14,36 2.486.649.800 15,19
Minority Shareholders (less than 5% ownership)
Company Management
Masli Mulia (Commissioner) 13.170.000 0,40 65.850.000 0,40
Bani M. Mulia (President Director) 6.841.200 0,21 44.806.400 0,27
F. Helianti Sastrosatomo
11.000 0,00 1.244.000 0,01
(Compliance Director)
Public 885.967.840 27,05 4.283.049.800 26,15
Total 3.275.120.000 100,00 16.375.600.000 100,00
50 PT SAMUDERA INDONESIA TBK
Page 53
Shareholders
Category
Shareholders Number of Percentage of
Shareholders Total Shares Shareholding
Domestic Investors
Individual 30.655 3.214.643.499 19,63
Corporate 50 12.345.728.201 75,39
Cooperative 3 49.500 0,00
Pension Fund 8 252.139.200 1,54
Mutual Fund 16 6.765.583 0,04
Sub Total 30.732 15.819.325.983 96,60
Foreign Investors
Individual 22 5.177.000 0,03
Corporate 88 551.097.017 3,37
Sub Total 110 556.274.017 3,40
Total 30.842 16.375.600.000 100,00
Other Securities
Listing Chronology
The Company issued the Continuing Sukuk Ijarah 1 Phase one in year 2023 (Sukuk), amounted to Rp550 billion in 2
(two) series, namely A and B series, for the duration of 370 days for A series, and 5 (five) years for B series.
This Sukuk was officially listed in Indonesian Stock Exchange (IDX) on 3 August 2023.
2023 ANNUAL & SUSTAINABILITY REPORT
51
Page 54
Controlling
Shareholders
27,32%
SHANTI
LASMININGSIH 33,33%
POESPOSOETJIPTO
27,32%
RATNA DJUWITA 33,33%
HATMA
27,32%
CHANDRALEIKA 33,33%
MASLI MULIA
PT
NGRUMAT
BONDO
UTOMO
PT
18,03% NBU
INDONESIA
UTAMA
26,09%
MASLI BANI F. HELIANTI
MULIA M. MULIA SASTROSATOMO
0,40% 0,27% 0,01%
PT
37,85% SAMUDERA
INDONESIA PUBLIC
TANGGUH
57,98% 26,15% 0,68%
15,19%
The indirect ownership of the Company’s share by the member of the Board of Commissioners is Shanti
Lasminingsih Poesposoetjipto. No member of the Board of Directors has indirect share ownership of the
Company’s shares.
52 PT SAMUDERA INDONESIA TBK
Page 55
Capital Market Supporting
Institutions And Professions
Securities Administration Bureau
Name PT SHARESTAR INDONESIA
SOPO DEL Office Tower & Lifestyle, Tower B 18th Fl., Jl. Mega Kuningan Barat III, Lot 10.1-6 Jakarta
Address
Indonesia
Custody
Name Kustodian Sentral Efek Indonesia (KSEI)
Bursa Efek Indonesia Building, Tower 1, 5th Fl.
Jl. Jend. Sudirman kav. 52-53, Jakarta 12190 Indonesia
Address
Telp : (+62 21) 515 2855
Fax : (+62 21) 5299 1199
Notary
GMS
Name Notaris Jessy Darmawan, S.H., M.Kn.
Address Jl. Melawai VII No. 1, Jakarta Selatan, DKI Jakarta 12160
SUKUK
Name Notaris Fathiah Hemi, S.H.
Address Graha Irama, 6th Fl. Ruang C Jalan HR. Rasuna Said Block X-1 Kav. 1&2 Kuningan, South Jakarta 2950
Stock Listing
Name PT BURSA EFEK INDONESIA
Address Bursa Efek Building, Tower I 6th Fl., Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 Indonesia
Public Accounting Firm
Name PURWANTONO, SUNGKORO & SURJA – ANGGOTA ERNST & YOUNG GLOBAL LIMITED
Indonesia Stock Exchange Building, Tower 2 7th Fl., Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190
Address
Indonesia
Rendered services General Audit & Comfort Letter Issuance for Sukuk
Assignment period Financial Year 2023
Trustee
Name BANK SYARIAH INDONESIA
Gedung The Tower Lt. 25
Address
Jl. Gatot Subroto No. 27, Jakarta Selatan 12930
Securities Rating
Name PT PEMERINGKAT EFEK INDONESIA (PEFINDO)
Panin Tower, Senayan City 17th Fl.
Address
Jl. Asia Afrika Lot.19, Jakarta 10270, Indonesia
Legal Consultant
Name ALI, BUDIARDJO, NUGROHO, REKSODIPUTRO COUNSELLORS AT LAW
Graha CIMB Niaga, Jl. Jenderal Sudirman Kav. 58
Address
Senayan, Kebayoran Baru, South Jakarta 12190
2023 ANNUAL & SUSTAINABILITY REPORT
53
Page 56
Association Membership
• Indonesian National Shipowners’ Association (INSA)
• Indonesian Chamber of Commerce and Industry
(Kadin Indonesia)
• Indonesia Corporate Secretary Association (ICSA)
• United Nations Global Compact
• Indonesian Public Listed Companies Association
54 PT SAMUDERA INDONESIA TBK
Page 57
Organizational
Structure
PRESIDENT EXECUTIVE COMMITTEE
DIRECTOR Investment
Bani M. Mulia Procurement
Organization & Talent
Business Continuity Management
CEO OFFICE
Special Assistant to CEO Shipping
lnvestment & Strategy
Special Assistant to CEO Logistics
lnvestment & Strategy
Assistant to CEO Shipyard
lnvestment & Strategy
Assistant to CEO Logistics CORPORATE INTERNAL AUDIT
Property & Equipment Wahyu Aji Anindhiyo Wicaksono
Executive Assistant to CEO Overseas
lnvestment & Strategy
COMPLIANCE HUMAN
FINANCE CAPITAL
DIRECTOR
DIRECTOR DIRECTOR
F. Helianti
Ridwan Hamid
Sastrosatomo Tara Hidayat
CORPORATE LEGAL CORPORATE CONTROLLER CORPORATE HUMAN CAPITAL
Maharlika Wiedhayaka Lukas Gotama Asril
CORPORATE SECRETARIAT CORPORATE TREASURY CORPORATE UNIVERSITY
Artika Fasya Meinita Stefani Wahyuningtyas Ebi Junaidi
CORPORATE COMPLIANCE CORPORATE TAX CORPORATE QHSE
Chitra Maretia Lestari Indra Sukmana Dewa Rudolf Margiat Bakkara
CORPORATE COMMUNICATION CORPORATE BUSINESS CORPORATE INFORMATION
Widyaningrum Suryanugraha PLANNING TECHNOLOGY
CORPORATE PROCUREMENT Lukas Gotama I Kadek Didik Wijaya
Tantan Alam Rustandi CORPORATE INSURANCE CORPORATE DIGITAL
CORPORATE RISK Prita Sylvanny Listiyo Prihantoro
MANAGEMENT CORPORATE INVESTOR
Catherine Fitriandari Adhi RELATIONS
Nugroho Sandhika Maulana Stamboel
CORPORATE ESG* CORPORATE COMMERCIAL
*to be announced Deborah Marlisa
CORPORATE SHIPOWNING
Wahyu Widodo
CORPORATE RESEARCH
INITIATIVE
Dhany Yudha Bintang
BUSINESS UNIT & FOUNDATION
2023 ANNUAL & SUSTAINABILITY REPORT
55
Page 58
Date and Legal Basis of Appointment: Deed No. 38 dated 29 June 2022 Birth, Passing and Nationality: Born in 1947, Indonesian citizen. Passed away on 17 December 2023. Educational Background: • Doctor of Humanities (Honoris Causa) from Northeastern University (2012) • Professor of Decision Science from School of Business and Management of Institut Teknologi Bandung (2012) • Doctor of Engineering, Decision Science from Institut Teknologi Bandung (1982) • Master of Science, Civil Engineering from Stanford University (1977) • Master of Science, Industrial Engineering from Stanford University (1976) • Bachelor of Industrial Engineering from Institut Teknologi Bandung (1972) Last Positions: • Independent Commissioner of PT Samudera Indonesia Tbk (2017–2023) • Chairman of Nomination and Remuneration Committee of PT Samudera Indonesia Tbk (2016–2023) • Commissioner of Moya Holding Asia Limited (2019–2023) • Commissioner of PT Triputra Agro Persada (2016–2023) Working Experiences: • President Commissioner of PT Jakarta Propertindo (2016–2019) • Head of the Presidential Executive Unit in Supervisory and Controlling for Development Program (UKP4) (2009–2014) • Head of the Rehabilitation and Reconstruction Agency Board (BRR) for Aceh and Nias (2005–2009) • Independent Commissioner of PT Unilever Indonesia Tbk (2004–2006) • President Director of PT PLN (Persero) (2000–2001) • Minister of Mining and Energy of the Republic of Indonesia (1998–1999) • President Director of PT Tambang Timah (Persero) (1989–1994) • President Director of PT Tambang Batubara Bukit Asam (Persero) (1988–1989) He has no affiliation with the management or owner of the Company. 56 PT SAMUDERA INDONESIA TBK
Page 59
(The Late)
Kuntoro
Mangkusubroto
Independent Commissioner
2023 ANNUAL & SUSTAINABILITY REPORT
57
Page 60
Board of
Commissioners
Organization Activities:
• Chairman of the Board of Trustees of Nusantara Nature Conservation
Foundation (Yayasan Konservasi Alam Nusantara or YKAN)
• Chairman of Board of Trustees of Nusantara Family Business Foundation
(Yayasan Fitrah Bisnis Keluarga Nusantara or YFBN)
• Executive Director of Bung Hatta Anti Corruption Award Association (BHACA)
• Founder and Member of the Governing Board of the Singapore Chamber of
Commerce Indonesia (SCCI)
• Founder and Ambassador of Family Business Network Asia (FBN-Asia)
• Member of the Honorary Council of the German-Indonesian Chamber of
Commerce (EKONID)
• Member of Board of Trustee of US-Indonesia Society (USINDO)
• Member of Asia Pacific Council of The Nature Conservancy (APC-TNC)
• Member of Steering Committee and Head of Executive Board House of
Mentors Indonesia (Rumah Mentor Indonesia or RUMI)
• Member of Expert Council of National Committee for Governance Policy
(Komite Nasional Kebijakan Governansi or KNKG)
Educational Activities:
• Chairman of the Board of Trustees of Management Education and
Development Foundation (Yayasan Pendidikan dan Pembinaan Manajemen or
YPPM)
• Chairman of the Board of Trustees of the Indonesian International Education
Foundation (IIEF)
• Member of the Board of Advisors of AIESEC-Indonesia
Shanti Lasminingsih • Member of School Council of School of Business and Management Institut
Poesposoetjipto
Teknologi Bandung (SBM-ITB)
• Member of Board of Advisory of Universitas Sanata Dharma, Yogyakarta
• Member of the Board of Advisory of IPMI International Business School
President Commissioner • Founder of Wharton e-fellow, Wharton Business School, University of
Pennsylvania, USA
Awards:
• “The Most Powerful Women in Indonesia” from Fortune Magazine, June 2023
edition
Date and Legal Basis of Appointment: • “IIE CENTURY MEDAL” from the Institute of International Education USA, in
Deed No. 58 dated 28 June 2023 December 2022
• “Certificate of Appreciation for Ethical Culture Persons”, from Soedarpo
Birth and Nationality: Sastrosatomo Center for Ethics and Organizational Culture (Pusat Etika dan
Born in 1948, Indonesian Citizen Budaya Organisasi Soedarpo Sastrosatomo or PPM-PEBOSS), in July 2020
• “Woman Inspire Award 2002” in the Information Technology category
Educational Background: Organized by Singaswiss Event Services Pte. Ltd. Singapore
Diplom Ingenieur (Dipl.Ing.) from Technische Universitaet Muenchen (TUM), • “The Guardians of Nature Award” on the 15th Anniversary of The Nature
majoring in Electronics, specializing in Computer Science in 1974 Conservancy’s Indonesia Program, on December 2006
• “Woman Entrepreneur of the Year 2009” of the Asia Pacific Entrepreneurship
Current Positions: Award 2009, organized by Enterprise Asia
• President Commissioner of PT Samudera Indonesia Tbk (2008–now) • “Ganesa Wirya Jasa Utama” from Bandung Institute of Technology (ITB), on
• President Commissioner of PT Samudera Indonesia Tangguh (2019–now) July 2013
• Member of Nomination and Remuneration Committee of PT Samudera • “The Order of the Crown” from the Kingdom of Belgium, on March 2016
Indonesia Tbk (2018–now) • “Women of the Year” for outstanding achievements in responsible leadership
• Independent Commissioner of PT Adi Sarana Armada Tbk (2022–now) at the Asia Corporate Excellence & Sustainability Awards 2018 (ACES Awards
• Member of Non-Executive Board of Commissioners of PT Inter Pariwara Global 2018), organized by MORS Group in Singapore
(2022–now)
• President Director of PT NBU Indonesia Utama (2014–now) She is affiliated with the Commissioners (Masli Mulia and Ken Narotama
• President Director of PT Ngrumat Bondo Utomo (2008–now) Hidayatullah), President Director (Bani M. Mulia), and Controlling Shareholders
• President Commissioner of PT Asuransi Bintang Tbk (2008–April 2024) (Chandraleika Masli Mulia and Ratna Djuwita Hatma).
58 PT SAMUDERA INDONESIA TBK
Page 61
Masli Mulia Anugerah Pekerti
Commissioner Independent Commissioner
Date and Legal Basis of Appointment: Date and Legal Basis of Appointment:
Deed No. 64 dated 30 June 2020 Deed No. 58 dated 28 June 2023
Birth and Nationality: Birth and Nationality:
Born in 1946, Indonesian citizen Born in 1938, Indonesian citizen
Educational Background: Educational Background:
Akademi Ilmu Pelayaran Republik Indonesia (1970) • Doctor of Philosophy, Business Administration from the University of Southern
California (1985)
Current Positions: • Bachelor of Psychology from Universitas Indonesia (1967)
• Commissioner of PT Samudera Indonesia Tbk (2020–now)
• Commissioner of PT Samudera Indonesia Tangguh (2020–now) Current Position:
• Chairman Non-Independent & Non-Executive Director Samudera Shipping Line • Independent Comissioner PT Samudera Indonesia Tbk (2021–now)
Ltd (2022–now)
• Commissioner of PT Samudera Wadah Mitra (2019–now) Working Experiences:
• President Commissioner of PT Ngrumat Bondo Utomo (2016–now) • Chairperson of Audit Committee of PT Samudera Indonesia Tbk (2013–2023)
• President Commissioner of PT NBU Indonesia Utama (2016–now) • Independent Commissioner of PT Samudera Indonesia Tbk (2020–2021)
• Advisory Council of the National Human Rights Commission (2012–2017)
Working Experiences: • Independent Commissioner of PT Astra Agro Lestari Tbk (2011–2017)
• Chairman Executive Samudera Shipping Line Ltd (2018–2022) • Independent Commissioner of PT United Tractors Tbk (2007–2017)
• President Director of PT Samudera Indonesia Tbk (2010–2020) • Member of the University of Indonesia Board of Trustees (2012–2014)
• President Director of PT Samudera Indonesia Tangguh (2019–2020) • Independent Director of Samudera Shipping Line Ltd (2002–2010)
• President Commissioner of PT Samudera Indonesia Tangguh (2009–2019)
• Corporate Managing Director Grup Logistik PT Samudera Indonesia Tbk Organization Activities:
(1990–2010) • Member of Habitat for Humanity International (2004–2012)
• Member of the International Board of World Vision International (1995–2004)
Organization Activities:
• Chairman of the Indonesian Logistics & Forwarders Association He has no affiliation with the management or owner of the Company.
• Chairman of the ASEAN Federation of Forwarders Associations (2008–2010)
• Chairman of the Intermodal & Logistics Executive Committee at the Indonesian
Chamber of Commerce and Industry (2010)
• Member of the Advisory Board of the Indonesian National Shipowners’
Association (INSA) (2015–2019)
He is affiliated with the President Commissioner (Shanti Lasminingsih
Poesposoetjipto), Commissioner (Ken Narotama Hidayatullah), President Director
(Bani M. Mulia), and Controlling Shareholders (Chandraleika Masli Mulia and
Ratna Djuwita Hatma).
2023 ANNUAL & SUSTAINABILITY REPORT
59
Page 62
Amir Abadi Jusuf Ken Narotama Hidayatullah Hoesen
Commissioner Commissioner Independent Commissioner
Date and Legal Basis of Appointment: Date and Legal Basis of Appointment: Date and Legal Basis of Appointment:
Deed No. 58 dated 28 June 2023 Deed No. 58 dated 28 June 2023 Deed No. 58 dated 28 June 2023
Birth and Nationality: Birth and Nationality: Birth and Nationality:
Born in 1951, Indonesian citizen Born in 1976, Indonesian citizen Born in 1966, Indonesian citizen
Educational Background: Educational Background: Educational Background:
• Master of Accounting from the University of Hawaii
Bachelor of Engineering, majoring in Industrial • Master of Financial Management from Universitas
at Manoa, United States of America
Engineering, Faculty of Engineering from Universitas Pelita Harapan (2005)
• Bachelor of Economics, majoring in Accounting
Indonesia (1999) • Bachelor of Faculty of Agriculture from Universitas
from Universitas Indonesia
Padjajaran (1990)
Current Positions: Current Positions:
• Commissioner of PT Samudera Indonesia Tbk • Commissioner of PT Samudera Indonesia Tbk Current Positions:
(2010–now) (2016–now) • Independent Commissioner of PT Samudera
• Member of Nomination and Remuneration • Chairman of Company Development Committee Indonesia Tbk (2023–now)
Committee of PT Samudera Indonesia Tbk (2018– PT Samudera Indonesia Tbk (2016–now) • President Commissioner and concurrently serves as
now) • Commissioner of PT Samudera Indonesia Tangguh Independent Commissioner and Member of Audit
• Chairman dan Chief Executive Partner RSM (2009–now) Committee PT Mandiri Sekuritas (2023–now)
Indonesia (1985–now) • President Commissioner of PT Praweda Sarana • President Comissioner PT Kliring Penjaminan Efek
• Lecturer at Department of Accounting in the Informatika (2016–now) Indonesia (2023–now)
Faculty of Economics at Universitas Indonesia • President Commissioner of PT Praweda Ciptakarsa • Independent Commissioner and concurrently
(1975–now) Informatika (2009–now) serves as Member of Audit Committee PT Sawit
• Member of Director Team of Financial Accounting
• Commissioner of PT NBU Mitra Manajemen (2014– Sumbermas Sarana Tbk (2022–now)
Policy Drafting Committee of Bank Indonesia
now)
(2012–now)
• Commissioner of PT NBU Investama Indonesia Working Experience:
Working Experience: (2017– now) • Chief Executive of Capital Market Supervision
• Member of Audit Committee of PT Bank Danamon • Commissioner of Soedarpo Informatika Indonesia concurrently Member of the Board of
Tbk (2008–2014) (2014– now) Commissioners of Financial Services Authority
• Member of Audit Committee of PT HM Sampoerna • Director of PT Ngrumat Bondo Utomo (2008– now) (2017–2022)
Tbk (2002–2011) • Director of PT NBU Indonesia Utama (2014– now) • Director of PT Danareksa (Persero) (2015–2017)
• President Commissioner of PT Asuransi Bintang • Commissioner of PT Danareksa Investment
Tbk (1999–2008) Working Experiences: Management (2015–2017)
• Member of Initial Public Offering (IPO) Indonesia • President Director of PT Bayu Buana Gemilang • Commissioner of PT Danareksa Capital (2015–2017)
Stock Exchange Committee (1999–2006) (2008–2014) • Director of Company Valuation (Listing) PT Bursa
• Independent Commissioner and Audit Committee • IT Consulting Service Director Soedarpo Efek Indonesia (Indonesia Stock Exchange)
of PT Bank Universal Tbk (1999–2001) Informatika (2005–2006) (2012–2015)
• Commissioner of PT Bank Tiara Tbk (1998–2000) • Business Process Analyst and Business • President Director of PT Kliring Penjaminan Efek
• Lecturer at Master of Accounting & Accountant
Representative Soedarpo Informatika at San Indonesia (Securities Underwriting Clearing
Profession of Universitas Indonesia (MAKSI & PPAK
Diego, Amerika Serikat (1990–2001) Indonesia) (2009–2012)
UI)
• Director of PT Kliring Penjaminan Efek Indonesia
Organization Activity: Organization Activity: (Securities Underwriting Clearing Indonesia)
• Member of the Honorary Council of Indonesian • Judge in the “101 Innovation Indonesia” program (2005–2009)
Accountants Association (2018–2022) from the Ministry of Research and Technology of
• Chairman of the Profession Department and the Republic of Indonesia (2009 and 2010) He has no affiliation with the management or owner
Chairman of the Examination Board for Public of the Company.
Accountant’s Certification, the Indonesian Institute Penghargaan:
of Accountants (IAI) • “50 Inspirational Figures” from Faculty of
• Chairman of the IAI Public Accountants Engineering, Universitas Indonesia (2014)
Compartment, and Chairman of the Certification
Board, the Indonesian Institute of Certified Public He is affiliated with the President Commissioner
Accountants (IAPI) (Shanti Lasminingsih Poesposoetjipto), Commissioner
• Founder and First Deputy Chairperson of (Masli Mulia), President Director (Bani M. Mulia), and
the Indonesian Association of Curators and
Controlling Shareholders (Chandraleika Masli Mulia
Administrators (AKPI)
and Ratna Djuwita Hatma).
• Member of the Board of Indonesia Financial
Executive Association (IFEA)
• Chairman of the Lontar Foundation Supervisory
Board
He has no affiliation with the management or owner
of the Company.
60 PT SAMUDERA INDONESIA TBK
Page 63
2023 ANNUAL & SUSTAINABILITY REPORT
61
Page 64
Member of
Committee
Munir Machmud Ali
Member of Corporate Development Aria Farahmita Herwan Ng
Committee Member of Audit Committee Member of Audit Committee
Appointment Basis: Appointment Basis: Appointment Basis:
Board of Commissioners of PT Samudera Indonesia Board of Commissioners Decision Letter Board of Commissioners Decision Letter No.
Tbk Decision Letter No. SR.17.08.002/SK/SP/DK No.SR.21.05.002/SLP/KOMUT/SITBK dated 1 July SR.21.05.003/SLP/KOMUT/SITBK on 1 July 2021
dated 1 August 2017 2021
Birth and Nationality:
Birth and Nationality: Birth and Nationality: Born in 1972, Indonesian citizen
Born in 1965, Indonesia citizen Born in 1978, Indonesia citizen
Data Pendidikan:
Educational Background: Educational Background: • Master of Business Administration (MBA) from
• Master in Business Administration, majoring in • Doctor of Philosophy (PhD) from Accounting Edinburgh Business School, Heriot Watt University
Finance, University of Illinois (1995) Postgraduate Program, Faculty of Economics and (2010)
• Bachelor of Economy, majoring in Accounting, Business from Universitas Indonesia (2015) • Bachelor of Economics from Universitas
Faculty of Economy from Universitas Indonesia • Master of Management Science from the Faculty Tarumanagara (1995)
(1990) of Economics and Business from Universitas
Indonesia (2009) Current Positions:
Working Experiences: • Bachelor of Economics, Faculty of Economics and • Member of Audit Committee PT Samudera
• Member of Corporate Development Committee of Business from Universitas Indonesia (1999) Indonesia Tbk (2021–now)
PT Samudera Indonesia Tbk (2017–2023) • Member of Audit Committee PT Hillcon Tbk (2022-
• Managing Partner at Center for Investment and Current Positions: now).
Business Advisory • Member of Audit Committee of PT Samudera • Member of Audit Committee PT FKS Multi Agro
• Teacher staff at undergraduate and master Indonesia Tbk (2021–now) Tbk (2022–now))
programs in the Faculty of Economy and Business, • Member of Audit Committee of Indonesian • Independent Commissioner PT Asuransi Bina Dana
Universitas Indonesia Aviation Navigation Service Provider Arta Tbk (2022–now).
• Chartered Accountant from the Indonesian • Member of Risk Committee of PT Asuransi Tugu • Member of Audit Committee PT GoTo, Gojek
Accountants Association (member International Pratama Indonesia Tbk Tokopedia Tbk (2021–now)
Federation of Accountants) in 2013 • Permanent lecturer at the Faculty of Economics • Member of Audit Committee PT Industri Jamu dan
and Business at Universitas Indonesia Farmasi Sido Muncul Tbk (2021–now)
He has no affiliation with the management or the • Member of Audit Committee PT Archi Indonesia
owner of the Company. Working Experiences: Tbk (2021–now)
• Assistant Director of Finance Universitas Indonesia • Member of Audit Committee PT Vale Indonesia
(2019) Tbk (2019–now)
• Member of Audit Committee PT Perusahaan • Member of Audit Committee PT Goodyear
Perdagangan Indonesia (2017–2020) Indonesia Tbk (2019–now)
• IFRS Specialist, RSM Indonesia (2016–2021)
• Member of Audit Committee PT Phapros (2016– Working Experiences:
2017) • Independent Commissioner Hewlett Packard
• Member of Audit Committee PT Bank Jabar Finance Indonesia (2016–2022)
Banten Tbk (2010–2011) • Managing Director, AWR Lloyd (2019–2020)
• Finance Director and Chief Financial Officer, Rio
She has no affiliation with the management or the Tinto Indonesia (2005–2019)
owner of the Company. • Senior Manager, PwC, Indonesia and Netherlands
(1995–2005)
He is not affiliated with the management or owner of
the Company.
62 PT SAMUDERA INDONESIA TBK
Page 65
2023 ANNUAL & SUSTAINABILITY REPORT
63
Page 66
Board of
Directors
Bani Mulia
President Director
Date and Legal Basis of Appointment:
Deed No. 64 dated 30 June 2020
Birth and Nationality:
Born in 1980, Indonesian citizen
Educational Background:
• Majoring in Finance at Deakin University, Australia
• Majoring in Management, Faculty of Economics from Universitas Indonesia
Current Positions:
• President Director of PT Samudera Indonesia Tbk (2020–now)
• President Director of PT Samudera Indonesia Tangguh (2020–now)
• Chief Executive Officer (CEO) of Samudera Shipping Line Ltd
• President Commissioner in several subsidiaries of the Company
Working Experiences:
• Managing Director of PT Samudera Indonesia Tbk (2016–2020)
• Delegate Commissioner of PT Samudera Indonesia Tbk (2013–2016)
• Secretary of Board of Commissioners of PT Samudera Indonesia Tbk (2009–
2013)
He is affiliated with the President Commissioner (Shanti Lasminingsih
Poesposoetjipto), Commissioners (Masli Mulia and Ken Narotama Hidayatullah),
and Controlling Shareholders (Chandraleika Masli Mulia and Ratna Djuwita
Hatma).
64 PT SAMUDERA INDONESIA TBK
Page 67
Tara Hidayat Ridwan Hamid F. Helianti Sastrosatomo
Human Capital Director Finance Director Compliance Director
Date and Legal Basis of Appointment: Date and Legal Basis of Appointment: Date and Legal Basis of Appointment:
Deed No. 64 dated 30 June 2020 Deed No. 59 dated 28 June 2023 Deed No. 51 dated 26 June 2019
Birth and Nationality: Birth and Nationality: Birth and Nationality:
Born in 1963, Indonesian citizen Born in 1963, Indonesian citizen Born in 1962, Indonesian citizen
Educational Background: Educational Background: Educational Background:
Bachelor of Economics, majoring in Management Bachelor of Economics, majoring in Finance and Bachelor of Law from Universitas Indonesia (1986)
from Universitas Indonesia (1988) Accounting from Universitas Padjadjaran (1987)
Current Positions:
Current Positions:
Current Positions: • Compliance Director of PT Samudera Indonesia
• Human Capital Director of PT Samudera Indonesia
• Finance Director of PT Samudera Indonesia Tbk Tbk (2019–now)
Tbk (2020–now)
(2014–now) • Compliance Director of PT Samudera Indonesia
• Human Capital Director of PT Samudera Indonesia
• Executive Director of Group Business Support Tangguh (2019–now)
Tangguh (2020–now)
Samudera Shipping Line Ltd (2022–now) • Lecturer at Master Program, School of Business
• Commissioner of PT Satuan Harapan Indonesia
• Chief Financial Officer (CFO) Samudera Shipping Management, Institut Teknologi Bandung (2019–
(2020–now)
Line Ltd (2020–now) now)
• Chairman of Supervisory Board of Dana Pensiun
• Commissioner in several subsidiaries of the
Samudera Indonesia Utama (2020–now)
Company Working Experiences:
• Supervise Corporate IT and Corporate QHSE
• Member of the Board of Directors of PT Holcim
functions of the Company
Working Experiences: Indonesia Tbk (2014–2019)
• Chief Executive Officer (CEO) and President • Temporary HR Director of PT Holcim Indonesia Tbk
Working Experiences:
Director of Anglo Eastern Plantations Group, (2017–2019)
• Director of Human Resources, PT Jakarta
• Commissioner of PT Holcim Beton, PT Lafarge
International Container Terminal (2017–2019) including 17 palm oil plantation companies and
Indonesia, and 6 others PT Holcim Indonesia
• Director of Organization and Talent Development, CPO factories in Indonesia (2011–2014)
subsidiaries (2014–2019)
PT Pelabuhan Tanjung Priok (2015–2017) • International Port Executive Committee (2010– • Independent Director of Holcim Sdn Bhd
• Deputy IV for Strategic Initiatives & International 2011) (Malaysia) (2014–2015)
Relations, President’s Delivery Unit for
• President Director of Hutchison Port (2008–2010) • Director and Member of Executive Committee of
Development Monitoring & Oversight (UKP4)
• Chief Finance Officer (CFO) Hutchison Port PT Carrefour Indonesia (2007–2014)
(2009–2014)
(2005–2008) • Member of the Board of Commissioners PT
• President Director, Korn/Ferry International
• Coca-Cola Amatil Indonesia (1992–2005) Danareksa Investment Management (2003–2005)
Indonesia (2007–2009)
• Member of the Board of Directors, Executive
• Country Leader & Partner, IBM Global Services • Financial Controller of Prasetio Utomo & SGV-
Director, Executive Vice President of PT Danareksa
(IBM Indonesia) (2002–2006) Arthur Andersen (1987–1992)
(Persero) (1995–2005)
• Associate Partner, Accenture Indonesia (1988–
• General Counsel for Indonesia (GCO) of American
2002) He has no affiliation with the management or owner
Express Bank Ltd, Jakarta (1990–1995)
of the Company.
• Associate at Ali Budiardjo, Nugroho, Reksodiputro,
She has no affiliation with the management or owner
Counsellors at Law (1987–1990)
of the Company.
• PT Bormindo Nusantara (1986–1987)
She has no affiliation with the management or owner
of the Company.
2023 ANNUAL & SUSTAINABILITY REPORT
65
Page 68
Director’s
of Samudera Adham Syarif Adi Martadinata
Senior Managing Director Managing Director
Shipowning Shipping & Logistics, Malaysia
Adi Setiawan Aditya Girindra Wardhana Afra Mirdal Adya Agnes Wong Pui Yee
Commercial Director Business Development Director Business Development Director Senior Finance Director
Project Logistics Shipping & Logistics, Asia Container Shipping Shipping & Logistics
Amelia Rahmawati Andi Irvan Zulfikar Andreana Yunizar Andri Wisnu Gunawan
Senior Managing Director Managing Director Managing Director Operational Director
Shipping & Services Trucking, Malaysia Cold Chain Logistics Technology Services
Armanto Arrayan A. Chairan Asril Bian Adiantoro
Business Development Director Managing Director Senior Corporate Officer & Managing Managing Director
Human Capital Services Shipping, Ports & Logistics, East Java Director Logistics, Singapore
People & Human Capital Services
66 PT SAMUDERA INDONESIA TBK
Page 69
Bobby Irianto Buyung Pramitra Caturyanto Cahya Charles Paulinus
Managing Director Senior Managing Director Septanugraha M. Sitanggang
Logistics Service Provider Ports Business Development Director Commercial Director
Logistics Ports & Project Logistics
Christina Enita Hernawati Cyprianus Andriyanto Deborah Marlisa Deddy Ony Setiawan
Managing Director Managing Director Corporate Officer & Director Finance Director
Container Shipping Shipping, Thailand Commercial, Container Shipping Shipping
Dhany Yudha Bintang Fahmi Fitri M. Noor Faris Aidid Firman Kartasasmita
Perdana Commercial Director Senior Managing Director Senior Managing Director
Corporate Officer & Business Development Director Logistics Trucking Ports
Ports, Research & Initiatives, Services
Harun Gemilang Hendra Wijanoko Hermawan I Kadek Didik Wijaya
Managing Director Senior Managing Director Fridiana Herman Senior Managing Director
Ports Shipping Senior Managing Director People & Technology
Bulk & Tanker Shipping
2023 ANNUAL & SUSTAINABILITY REPORT
67
Page 70
Ibnu Syauki Iksan Ade Kurniawan Iwan Amisi Jazzy Isya Perdana Junior Corporate Officer & Finance Business Development Director Finance Director Commercial Director Director Technology & Logistics Service Provider Ports, Property & Project Logistics Bulk Shipping & Ports Commercial Control & Logistics Service Provider Jhon Radiaman Purba Julian A F Smith Lim Chiew Ling Listiyo Prihantoro Senior Managing Director Senior Managing Director Senior VP & Director Corporate Officer & Commercial Director Ports & Project Logistics Logistics & Services Container Shipping Shipyard, Technology & Services Lukas Gotama M. Faqih Ihdaputera Maharlika Wiedhayaka Mahmud Tarmizi Amir Corporate Officer & Finance Director Managing Director Corporate Officer & Director Senior Managing Director Business Planning & Tanker Shipping Logistics, Warehouse & Distribution Legal Services Container Shipping Maryandi Musthofa Nadya Annette Naseer Ali Managing Director Senior Managing Director Managing Director Managing Director Tanker Shipping Shipping Shipping Ship Management 68 PT SAMUDERA INDONESIA TBK
Page 71
Ngatno Prabowo Prita Sylvanny Rahmawani Harahap Rakesh Purshottamlal
Senior Managing Director Corporate Officer & Director Finance Director Vijay
Logistics Insurance Services Logistics Managing Director
Container Shipping, India
Rima Joko Dwifaryuni Rizky Hanggono Romi Syahril Rubianto Wibowo
Finance Director Bahanadewa Finance Director Commercial Director
Logistics Service Provider
Tanker Shipping Managing Director Shipyard & Trucking
Shipping, Logistics & Property UAE
Ruhuluddin Kudus Ryu Orii Samsul Hadi Sandhika Maulana
Managing Director Operational Director
Logistics Service Provider
Managing Director
Ports Stamboel
Property Services
Corporate Officer & Director
Investor Relations
Septiawan Sigit Brototjahjono Sigit Rapiyanto Surahman Stefani Wahyuningtyas
Business Development Director
Technology Services
Managing Director
Ports
Finance Director
Container Shipping, India
Savitri
Corporate Officer & Finance Director
Treasury, Shipping & Ports
2023 ANNUAL & SUSTAINABILITY REPORT
69
Page 72
Sudibyo Sunu Aji Tarjono Syahrul Pribadi Tan Meng Toon
Senior Managing Director Managing Director Junior Corporate Officer & Director Senior Managing Director
Property Services Logistics, Container Services People & Human Capital Services Shipping & Logistics
Teguh Basuseto Thomas Lee Thuan Aun Timor Mahendra Tri Prasetya
Managing Director Commercial Director Nuansyah Operational Director
Port & Project Logistics
Shipping & Ports, Tanjung Priok Shipping Business Development Director
Trucking
Trisnadi Sukur Wahyu Aji Anindhiyo Wahyu Widodo Widyaningrum Surya
Muslim Mulia Wicaksono Operational Director Nugraha
Shipping
Senior Managing Director Corporate Officer & Director Corporate Officer & Director
Shipping & Logistics Internal Audit Communication & Services
Wikki Soh Yudi Riyadi
Senior VP & Director Senior Managing Director
Container Shipping Logistics Service Provider
70 PT SAMUDERA INDONESIA TBK
Page 73
LAPORAN
2023 ANNUAL
TAHUNAN& SUSTAINABILITY
& KEBERLANJUTANREPORT
2023
71
Page 74
27,32%
SHANTI LASMININGSIH
POESPOSOETJIPTO
33,33%
27,32%
RATNA DJUWITA
HATMA
33,33%
27,32%
CHANDRALEIKA
MASLI MULIA
33,33%
PT
NGRUMAT
BONDO
UTOMO
PT
18,03%
NBU
INDONESIA
UTAMA
26,09%
MASLI BANI F. HELIANTI
MULIA M. MULIA SASTROSATOMO
0,40% 0,27% 0,01%
PT
37,85%
SAMUDERA
INDONESIA PUBLIC
TANGGUH
57,98% 26,15% 0,68%
PT
15,19% SAMUDERA
INDONESIA
TBK
16,22% -0,70% 50%
PT SAMUDERA
PT SATUAN PT MASAJI PT SAMUDERA SAMUDERA PT SAMUDERA PT SAMUDERA
INDONESIA PT SAMUDERA
HARAPAN PRAYASA LOGISTICS SHIPPING LINE PT CUMAWIS INDONESIA SHIP AGENCIES
MITRA DAYA MITRA
INDONESIA CARGO SERVICES LTD MANAGEMENT INDONESIA
MANAJEMEN
67,56% 50,00% 95,33% 49,30% 65,14% 75,87% 99,98% 99,93% 90,00%
40,00%
LNG EAST-WEST
SAMUDERA SILKARGO
FOREMOST SAMUDERA SHIPPING SAMUDERA SAMUDERA SHIP PT SAMUDERA
SHIPS SAMUDERA LOGISTICS SAMUDERA
MARITIME PTE INTERMODAL COMPANY SHIPPING LINE MANAGEMENT SHIPPING
INVESTMENT TRAFFIC CO LTD (SINGAPORE) PROPERTY LTD
LTD SDN BHD (SINGAPORE) (INDIA) PVT LTD PTE LTD INDONESIA
PTE LTED PTE LTD PTE LTD
100,00% 49,00% 100,00% 100,00% 65,00% 50,00% 100,00% 60,00% 100,00% 49,00%
PT SAMUDERA SHAL HAWK SAMUDERA
5,00% SHIPPING
SERVICES
SILKARGO
SDN BHD
LOGISTICS
DWC LLC
SAMUDERA OCEAN SHIPS
95,00% 51,00% 40,00% TANKERS PTE INVESTMENT
LTD PTE LTD
100,00% 100,00%
SAMUDERA
CARGO
SERVICES LLC
49,00%
72 PT SAMUDERA INDONESIA TBK
Page 75
Company Group
Structure
2.50%
PT SAMUDERA PT MARUZEN PT SAMUDERA PT PRAWEDA PT SAMUDERA PT SAMUDERA
PT SILKARGO PT ISTA PT ASTA RIKA
PERKAPALAN SAMUDERA SARANA SARANA PELABUHAN PROPERTI
INDONESIA INDONESIA STUWARINDO
INDONESIA TAIHEIYO LOGISTIK INFORMATIKA INDONESIA INDONESIA
99,99% 48,50% 99,99% 99,99% 46,64% 50,00% 99,98% 99,10% 33,33%
90,00%
98,00%
PT ISTA
RASA INDONESIA
PT SAMUDERA
NUSANTARA
INDONESIA
99%
PT PERUSAHAAN PT MASAJI PT SAMUDERA
PT MASAJI PT PELABUHAN
PT SAMUDERA PELAYARAN PT SAMUDERA TATANAN PT SAMUDERA PT TANGGUH PT PRIMA NUR SARANA
KARGOSENTRA SAMUDERA
ASAHI SHIPPING NUSANTARA PERDANA KONTAINER JWD LOGISTICS SAMUDERA JAYA PANURJWAN TERMINAL
PANURJWAN TAMA INDONESIA PALARAN INDONESIA
43,00% 21,05% 9,99% 99,96% 99,92% 51,00% 99,99% 99,99% 93,33% 51,00%
PT SAMUDERA
GOLDEN MITRA
OCEAN
TECHNOLOGIES
PRIME
MARITIME
SAMUDERA
LAUTAN EMAS
PT SAMUDERA
LAKSANA
PT ADIB COLD
LOGISTIC
37,03%
PTE LTD DWC LLC SDN BHD PERDANA
100,00% 51,00% 49,00% 44,00% 86,32%
PT SAMUDERA
MITRA DEPO
90,00%
2023 ANNUAL & SUSTAINABILITY REPORT
73
Page 76
Integrated Solution The Company’s commitment is embodied in the form of providing integrated transportation and logistics services, under one roof that can provide optimum solutions as well as offer a comprehensive service in line with the customers’ needs. It is expected that the services can provide convenience for customers to conduct transportation of goods, from and to anywhere, using various modes of transportation effectively and efficiently, and on time. 74 PT SAMUDERA INDONESIA TBK
Page 77
2023 ANNUAL & SUSTAINABILITY REPORT
75
Page 78
Subsidiaries & Associated
Companies
Samudera Shipping is the foundation of the Company’s business. This business line serves integrated shipping
services from upstream to downstream, with business segments among others bulk, container, and tanker;
agencies; ship management, crewing; and offshore support & salvage.
Name Note
PT Perusahaan Pelayaran Nusantara
This subsidiary provides container shipping services in Indonesia.
Panurjwan
This subsidiary provides container feeder services for Southeast Asia, the Middle
Samudera Shipping Line Ltd
East, and the Indian subcontinent.
This subsidiary engages in vessel agencies in Indonesia, and all the Company’s
PT Samudera Agencies Indonesia
agencies activities are managed by this subsidiary.
PT Samudera Indonesia Ship This subsidiary was established to manage all the Company’s vessels and provide
Management ship management services to third parties.
This subsidiary engages in domestic and international shipping for dry bulk and
PT Samudera Perkapalan Indonesia
general cargo.
This subsidiary provides sea transportation services to support liquid chemical
PT Samudera Shipping Services
industry, oil & gas, and bulk cargo transportation.
This subsidiary focuses on sea transportation services for bulk shipping, petroleum,
PT Samudera Shipping Indonesia
mining, smelters, and other marine projects.
This subsidiary engages in the ship-owning business Domestic sea transportation for
PT Samudera Asahi Shipping
special goods.
This subsidiary engages in the business of sea transportation services for liquid
Samudera Tankers Pte Ltd
chemicals, oil and gas.
Ocean Ships Investment Pte Ltd This subsidiary engages in the ship-owning business.
This subsidiary provides shipping agency services, customs clearance and formalities
Samudera Cargo Services LLC services, warehousing, distribution, and delivery services from/to/within the United
Arab Emirates.
Samudera Intermodal Sdn Bhd This subsidiary provides agency services in various ports in Malaysia.
This subsidiary provides container shipping services that connect India to the Middle
Samudera Shipping Line (India) Pvt Ltd
East, Southeast Asia, and East Asia.
This subsidiary acts as the agent of Samudera Shipping Line Ltd which provides
Samudera Traffic Co Ltd
agency services for the Thailand area.
PT Cumawis This subsidiary supports offshore services.
Foremost Maritime Pte Ltd This subsidiary serves various domestic and global destinations.
LNG East-West Shipping Company This subsidiary is a joint venture with NYK, which operates carrier tankers for
(Singapore) Pte Ltd Liquefied Natural Gas (LNG).
This subsidiary acts as the agent of Samudera Shipping Line Ltd which provides
Prime Maritime DWC LLC
agency services for the Middle East area.
Samudera Ship Management Pte Ltd This subsidiary provides ship management services.
Samudera Ship Investment Pte Ltd This subsidiary is engaged in ship investment.
76 PT SAMUDERA INDONESIA TBK
Page 79
Samudera Ports were established through the expansion of services in the port sector, which includes the
management of bulk, container, and multi-purpose terminals, as well as providers of port support equipment.
Name Note
This subsidiary functions to accommodate and manage the terminal and port
PT Samudera Pelabuhan Indonesia
businesses.
This subsidiary is a joint venture with SEIC Resources (M) Sdn Bhd. This subsidiary
PT Samudera Sarana Terminal Indonesia provides maintenance, troubleshooting, and spare parts for all loading and unloading
equipment at ports.
This subsidiary provides loading and unloading services, and stacking of containers
PT Pelabuhan Samudera Palaran
at the Palaran Container Terminal, Samarinda, East Kalimantan.
This subsidiary provides loading and unloading services at Tanjung Priok Port for
PT Prima Nur Panurjwan
domestic vessels for both breakbulk cargos and containers.
This subsidiary provides loading and unloading services at Tanjung Priok Port for
PT Tangguh Samudera Jaya
international container vessels.
This subsidiary provides loading and unloading services, as well as handles project
PT Asta Rika Stuwarindo
cargo.
Established as a joint venture with local business group. This subsidiary provides
PT Samudera Golden Mitra container stacking, stuffing, stripping, and haulage services to support the loading
and unloading activities at the Palaran Container Terminal.
PT Samudera Mitra Depo Not operating yet.
Samudera Logistics is a line of business that provides integrated logistics services from storage to delivery
through various types of transportation to the final destination.
Name Note
This subsidiary engages in multi-mode transportation and support services, which
PT Samudera Sarana Logistik include container depot, warehousing, transportation management services, and
customs.
PT Samudera Laksana Perdana This subsidiary engages in supporting land transportation services.
This subsidiary provides land transportation services for container cargo, bulk cargo,
PT Samudera Perdana container repositioning, cargo distribution, project cargo transportation, and port
transportation.
This subsidiary engages in cold logistics services, which include storage facilities and
PT Adib Cold Logistic
refrigerated transportation.
This subsidiary provides Container Freight Station (CFS) warehousing services and
PT Masaji Kargosentra Tama
warehousing management services.
2023 ANNUAL & SUSTAINABILITY REPORT
77
Page 80
Name Note
PT Masaji Prayasa Cargo This subsidiary specializes in freight forwarder services for project logistics.
PT Masaji Tatanan Kontainer Indonesia This subsidiary engages in container depot services.
This subsidiary provides integrated logistics services for customers, which include
PT Silkargo Indonesia third-party logistics, international and domestic freight forwarding, project logistics, as
well as customs handling and formalities.
This subsidiary provides comprehensive freight forwarding services which include air
Silkargo Logistics (Singapore) Pte Ltd
and sea transportation, customs process, warehousing, and land transportation.
This subsidiary provides worldwide end-to-end logistics services for various end-
Samudera Logistics DWC LLC
users such as manufacturers, buyers, exporters, and importers.
This subsidiary provides main services in warehousing and distribution centers,
especially for the Fast Moving Consumer Goods (FMCG) sectors, as well as acts as
PT Samudera Logistics Services
third-party logistics by multimode transportation services, supply chain management,
warehouse insurance, and other value-added services to the customers.
This subsidiary provides project logistics services and is a joint venture between the
PT Maruzen Samudera Taiheyo
Company, Maruzen Showa Unyu, Co. Ltd., and Taiheiyo Kisen Kaisha, Ltd.
This subsidiary provides project logistics services and is a joint venture between the
PT Samudera JWD Logistics
Company, Maruzen Showa Unyu, Co. Ltd., and Taiheiyo Kisen Kaisha, Ltd.
This subsidiary provides warehouse management services in Port Klang Free Trade
Shal Hawk Silkargo Sdn Bhd
Zone, Malaysia.
This subsidiary provides warehouse management services in Port Klang Free Trade
Samudera Lautan Emas Sdn Bhd
Zone, Malaysia.
Samudera Services is the business line that provides operational support to all Company subsidiaries. This line of
business also serves as a medium to integrate and synergize business groups and encourages the development of
the Company’s subsidiaries.
Name Note
This subsidiary is aimed to oversee the ownership and management of Samudera
PT Samudera Properti Indonesia
Indonesia properties.
This subsidiary manages the property assets of the Company in Dubai, United Arab
Samudera Property Ltd
Emirates.
PT Samudera Daya Mitra The subsidiary operates in human resource management services in the Company.
This subsidiary provides information technology solutions to the Company and its
PT Praweda Sarana Informatika subsidiaries, as well as various financial institutions, government agencies, and private
companies.
78 PT SAMUDERA INDONESIA TBK
Page 81
Name Note
This subsidiary provides travel document management services, domestic and
PT ISTA Indonesia international ticket procurement services, Meeting Incentive Convention and
Exhibition (MICE) and tour services, and operational vehicles.
Ocean Technologies Pte Ltd This subsidiary is engaged in data analytics, processing, and related activities.
PT Samudera Indonesia Mitra This subsidiary provides finance, legal, procurement, risk management, and other
Manajemen consulting services for the Company’s business group.
This subsidiary provides the need for human resources for securities, cleaning
PT Satuan Harapan Indonesia
services, drivers for the Company and its subsidiaries.
PT ISTA Rasa Indonesia This subsidiary is engaged in the food and beverages sector.
2023 ANNUAL & SUSTAINABILITY REPORT
79
Page 82
80 PT SAMUDERA INDONESIA TBK
Page 83
Discussion
Management
&
Analysis
2023 ANNUAL & SUSTAINABILITY REPORT
81
Page 84
ECONOMIC OVERVIEW The economy of Japan and The slowdown in economic growth The global economic, which various large countries in the appears to be more pronounced in recovered after the end of the Eurozone are still pressured by developed countries. The average COVID-19 pandemic, once again the high global inflation rate, economy of developed countries, faced challenges throughout which according to WEO is around including the United States, year 2023, with high inflation, 6.8%, thus expected to repeat Japan, Eurozone countries, and tightening in financial conditions, the record lower growth than the United Kingdom, recorded war in Eurozone and Middle East the previous year. The rather a slowdown growth to 1.6% in region. Even though policymakers encouraging development is 2023 compared to 2.6% in 2022. tightened monetary and fiscal the US economy which finally Meanwhile, developing countries policies post-pandemic to recorded growth of up to 2.5% in the Asian region, including dampen demand and reduce in 2023, 1.9% greater than the China and India, as well as Europe inflation, many countries still show previous year. The development and Latin America, on average, signs of economic stagnation. was expected to lead The Fed recorded a growth rate of 4.1%, Consequently, the IMF in its to maintain its tight economic the same as the previous year. release - World Economic Outlook policy, but no longer increase the (WEO) - January 2024, stated that benchmark interest rates in the Considering these multiple global economic growth would range of 5.25%-5.50%, to stimulate factors, the IMF predicts that decline to 3.1% in 2023 from 3.5% growth while at the same time after being suppressed in 2023, in 2022. curb the inflation. the global economy will continue 82 PT SAMUDERA INDONESIA TBK
Page 85
a consolidation period in 2024, of goods by sea has once again The same fluctuation occurred
and it will only start to increase faced disruptions in terms of to global container shipping
in 2025. The World Bank also freight rates. At the beginning rates which also decreased by
provides a similar prediction. of January 2023, the Chinese -32% YoY as of December 2023.
lockdown policy ended, and For additional information, in
In line with the global economic the Russia-Ukraine conflict October 2023 there was an Israeli-
conditions, the IMF estimates the experienced a temporary Palestinian war which had an
volume of global trade will also ceasefire. The China Export impact on disrupting the logistics
be under pressure, only growing Containerized Freight Index supply chain through the Middle
by 0.4% YoY, down from 5.2% in significantly declined from its East so that container shipping
the previous year. Meanwhile, the peak in January 2022, with an rates increased in November and
WTO forecasts global trade in 2023 index of 3,565 dropping to 1,160.6 December 2023, although overall
will slow to a growth rate of 0.8% in January 2023 and continued to global shipping rates in 2023
YoY, down from 3.0% YoY in 2022. show a declining trend, reaching remained lower than in 2022.
909.19 in December 2023, due to
Amidst the disruptions in the the increased global container In line with the weakening
global market, the transportation vessel supplies. global economic growth and the
Freight Index
6,000
COVID-19 COVID-19
Pandemic (Omicron)
5,000
4,000
3,000
2,000
1,000
0
JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN
2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022 2023 2023 2023 2023 2024
China Containerized Baltic Dirty Tanker Baltic Clean Tanker Drewry World Container
Baltic Dry Index
Freight Index Freight Rate Freight Rate Freight Rate Index
Source : Bloomberg intelligence, January 2024
decline in trade volume, world the beginning of 2023, in line with from USD6.455 to USD2.696 per
energy commodity prices, which the opening of gas supplies from thousand cubic meters. Similarly,
had surged dramatically in year Russia and coal from China. the average price of Nymex coal
2022 due to the Russia-Ukraine decreased by 53% YoY, from
conflict, began to normalize in The average price of natural gas USD358/ton to USD167/ton.
year 2023. The prices of natural in year 2023 experienced the most Meanwhile, the world that is Brent
gas, coal, and crude oil globally drastic decline, dropping by up to crude oil price only declined by
simultaneously decreased since 58% YoY compared to year 2022, 17.2% YoY, from USD100/barrel.
2023 ANNUAL & SUSTAINABILITY REPORT
83
Page 86
84 PT SAMUDERA INDONESIA TBK
Page 87
Coal, Crude Oil, and Natural Gas Price
USD 500 USD 10,000
USD 450 COVID-19 COVID-19 USD 9,000
Pandemic (Omicron)
USD 400 USD 8,000
USD 350 USD 7,000
USD 300 USD 6,000
USD 250 USD 5,000
USD 200 USD 4,000
USD 150 USD 3,000
USD 100 USD 2,000
USD 50 USD 1,000
USD 0 USD 0
JAN-19
MAR-19
MAY-19
JUL-19
SEP-19
NOV-19
JAN-20
MAR-20
MAY-20
JUL-20
SEP-20
NOV-20
JAN-21
MAR-21
MAY-21
JUL-21
SEP-21
NOV-21
JAN-22
MAR-22
MAY-22
JUL-22
SEP-22
NOV-22
JAN-23
MAR-23
MAY-23
JUL-23
SEP-23
NOV-23
JAN-24
Brent Crude Oil Price Nymex Coal Price Natural Gas Price
Source : Bloomberg Intelligence, January 2024
Various economic challenges in Asian economy is projected to The optimism for continued
2023 have kept global inflation grow by 4.1% YoY in year 2023. economic recovery in Indonesia
at a high level, at 6.8% although Meanwhile, the ASEAN economy and Southeast Asia is also
there was decreasing value from is expected to grow by 4.2% YoY, reflected in the Manufacturing
its peak of 9.0% YoY in 2022. The down from 5.5% YoY in year 2022. Purchasing Managers’ Index (PMI)
consistent implementation of This achievement is still higher from S&P Global (2023) data,
tight monetary policies in various than the global economy which which consistently remained in the
countries and the mitigation grew 3.1% YoY in 2023. expansive territory, which is above
measures taken to improve the the 50 level throughout 2023. This
supply chain are expected to curb THE INDONESIAN ECONOMY condition created the consistent
global inflation back to normal Based on the Indonesian Central demand for logistics services
levels in 2024 and 2025, thereby Bureau of Statistics (BPS) data, both in Indonesia and in ASEAN.
driving the global economy to grew by 5.05% in 2023. The Specifically, Indonesia’s PMI which
increase in the coming years. recovery of domestic demand, has been in the expansive zone for
strong investment growth, and 28 consecutive months has already
THE ASIAN ECONOMY has the sustained high exports of supported the domestics demand
managed to maintain its growth Indonesian products were the for logistics services.
momentum and has outperformed drivers of this economic growth,
the global economy. IMF’s WEO which is higher than the regional
released in January 2024, the growth in Asia and ASEAN.
Manufacturing Purchasing ASEAN WORLD INDONESIA
Manager Index (PMI)
60
55
50
45
40
35
30
25
JAN - 2020
FEB - 2020
MAR - 2020
APR - 2020
MAY - 2020
JUN - 2020
JUL - 2020
AUG - 2020
SEP - 2020
OCT - 2020
NOV - 2020
DEC - 2020
JAN - 2021
FEB - 2021
MAR - 2021
APR - 2021
MAY - 2021
JUN - 2021
JUL - 2021
AUG - 2021
SEP - 2021
OCT - 2021
NOV - 2021
DEC - 2021
JAN - 2022
FEB - 2022
MAR - 2022
APR - 2022
MAY - 2022
JUN - 2022
JUL - 2022
AUG - 2022
SEP - 2022
OCT - 2022
NOV - 2022
DEC - 2022
JAN - 2023
FEB - 2023
MAR - 2023
APR - 2023
MAY - 2023
JUN - 2023
JUL - 2023
AUG - 2023
SEP - 2023
OCT - 2023
NOV - 2023
DEC - 2023
Source : Bloomberg intelligence, January 2024
2023 ANNUAL & SUSTAINABILITY REPORT
85
Page 88
In sustaining domestic economic and the Non-Performing Loan main contributors to Indonesia’s
growth while preserving inflation ratio improved to 2.38% (gross). total export value. The export
stability, Bank Indonesia (BI) raised At the same time, there was a value of manufacturing industries
the BI 7-Day Repo Rate (DRR) by slowdown in consumer deposit decreased by -9.26% YoY, mining
25 basis points throughout 2023, growth, indicating the positive decreased by -20.68% YoY, and
from 5.75% to 6.00%. BPS (2023) public optimism to increase their agriculture also declined by
noted that inflation was at the level consumption. -10.04% YoY. Meanwhile, imports
of 5.28% YoY in January 2023 and of raw materials, which constitute
decreased to a level of 3.52% YoY As per the BPS data, Indonesia’s most Indonesia’s imports, also
in June 2023. With the response to total export value in 2023 reached experienced a decline of -11.09%
BI’s benchmark interest rate hike USD231.6 billion, declining YoY. On the other hand, an
and various effective monetary by -11.36% YoY. Meanwhile, increase in imports occurred in
policies, overall annual inflation the import value amounted to capital goods, growing by 7.78%
has gradually decreased and was USD221.8 billion, decreasing YoY, followed by consumer goods
recorded at 2.61% YoY at the end by -7% YoY. With these figures, imports, which also recorded
of 2023. Indonesia’s trade balance in 2023 growth of 8.64% YoY.
recorded a surplus of USD36.9
The financial system’s resilience billion. INDUSTRY OVERVIEW
also remains robust. The Capital The economic turmoil and
Adequacy Ratio of banks increased BPS also stated that non-oil and the decline in global trade
to 27.97% in December 2023 gas exports continue to be the volume have presented the sea
86 PT SAMUDERA INDONESIA TBK
Page 89
transportation industry with to the Israeli-Palestinian conflict. commodity prices transported by
complex challenges in 2023, According to Bloomberg data, tanker vessels was also reflected
despite being relatively controlled the price of Singapore Very Low in the freight rates. Based on
compared to 2022. The World Sulphur Fuel Oil (VLSFO), which the Baltic Clean Tanker Index
Uncertainty Index (WCI), a measure was high in 2022, has normalized released by Bloomberg, there was
of global economic uncertainty, at the end of March 2023 to $572/ a significant decrease in freight
recorded a score of 16.656 in Q4 MT and has been relatively stable rates, reaching -35.11% YoY
2023, decreasing by 37.2% from until October. Nevertheless, throughout year 2023 compared
its index in Q4 2022. It indicates the VLSFO price rose again in to the previous year. The decline
global uncertainty conditions at November 2023 due to the impact in freight rates was also reflected
the end of 2023 were relatively of the Israeli-Palestinian war, in the Baltic Dirty Tanker Index,
better than at the end of 2022. reaching $697/MT, an increase of which decreased by -17.56% YoY
18% compared to March 2023. compared to the previous year.
Amidst global uncertainty,
Indonesia continues to improve Meanwhile, the performance Unlike the global conditions, the
fundamental aspects to ensure of container shipping in the condition of tanker shipping in the
positive economic growth and domestic market in 2023 was domestic market shows a relatively
enhance resilience in facing crises. relatively stable. Visits by stable trend, especially in terms
In line with this, the Company has container vessels to 20 main ports of the number of tanker vessel
successfully overcome challenges grew by 2% YoY, with visits to visits to the top 20 main ports,
and seized opportunities Tanjung Perak port increasing by which still grew by 1% in 2023
throughout 2023, resulting in 10.7% YoY, while visits to Tanjung compared to the previous year.
positive performance. Here is a Priok port decreased by -7.6% From the business perspective
general overview of the business YoY. Regarding the performance of the Company, the tanker
sector developments of the of Samudera Indonesia’s business line achieved positive
Company throughout the year container shipping, on the Jakarta performance, with increase in
2023. hub route, there was a decrease in the volume of cargo transported
container shipping volume by -5% by tanker vessels in 2023. It was
THE SHIPPING INDUSTRY had YoY, but the freight rates grew by also supported by the addition of
to face a decline in shipment 14% YoY from the previous year. several new tanker vessels, amid
volumes as a result of weakening On the other hand, cumulatively relatively stable charter costs and
demand amid global uncertainty. in 2023, the Surabaya hub route the shipment of goods through
In addition, the opening of China’s showed an increase in container domestic tanker ships.
lockdowns and the increase in shipping volume by 4% YoY, but
global container ship supply led freight rates decreased by -6% For THE PORT INDUSTRY, based
to a decrease in freight rates in YoY compared to year 2022. on the Container Availability Index
2023 compared to the previous (CAx) data, one of the busiest
year. The world’s container In 2023, the performance of the ports in the world, particularly
shipping volume on major routes tanker segment experienced the Port of Shanghai, averages
has also decreased. The decrease dynamic changes.
in container shipping volume in The fluctuation in
2023 compared to 2022 occurred
on intra-Asian routes which
decreased from 46.4 million TEUs
to 41.7 million TEUs or a decrease
of -10.52% YoY. Furthermore, the
Asia-Europe route also decreased
by -1.92% YoY from 15.4 million
TEUs to 15.1 million TEUs.
Correspondingly, ship fuel prices
would decrease for most of 2023
compared to 2022, although they
would increase in Q4 2023 due
2023 ANNUAL & SUSTAINABILITY REPORT
87
Page 90
at the level of 0.64 which showed activities certainly impacted 2023 was around 2.49 days or
that the volume of imported domestic port activities since lower compared to the previous
goods using containers tends Indonesia has significant year, which reached 2.53 days.
to be higher than the volume of dependence on its main trading
exported goods using containers partners. Some major ports in THE LOGISTICS INDUSTRY for
in China. Indonesia have managed to transportation and warehousing
improve their performances. in 2023 experienced growth
From the perspective of global Based on dwelling time of 13.96% YoY, where the
ports center data, State Council dashboard data in the Indonesia contribution of land transportation
of the People’s Republic of China National Single Window, the was around 45.8%. As for the 2023
recorded that the throughput of performance of the Tanjung period, sub-sectors included in
ports in China reached 280 million Priok port improved in year 2023, the logistics business category
TEUs in January until November reflected in the shorter average (other than sea transportation)
2023, increasing by 4.9% YoY. dwelling time of ships at the port, experienced quite good growth,
Meanwhile, the throughput of reduced to 2.50 days in year 2023 including land transportation
ports in Singapore recorded an from 2.81 days in year 2022. A grew by 9.7% YoY, river and lake
increase of 4.6% YoY in the year decrease in average dwelling time transportation and crossings grew
2023, with a volume of 39.01 also occurred at the Belawan Port by 13.5% YoY, air transportation
million TEUs. in year 2023. Overall, the average grew by 29% YoY, and warehousing
dwelling time of vessels at the 5 and transportation support
The development of global ports major ports in Indonesia in year services; post and courier grew by
88 PT SAMUDERA INDONESIA TBK
Page 91
39% YoY in year 2023. In the the financial performance of the
land transportation sector, the Company.
number of trips increased by 71%
YoY in 2023. Meanwhile, in the Throughout 2023, the total
warehousing sector, the volume revenue from the Company’s
recorded an increase of more than four business lines amounted
twice compared to year 2022 to USD772.4 million, reflecting
a decrease of 32%, with a gross
SERVICE SECTOR profit of USD154 million, a decline
The performance of the of 61% from the previous year.
commercial property sector grew Revenue from the Shipping
positively in the third quarter of business line continued to
2023 from the demand, supply, dominate, contributing 79% of the
and price perspectives. Bank total revenue in 2023, followed
Indonesia’s survey showed by revenue from the Logistics line
the growth of the commercial at 12%, then the Ports line at 6%,
property demand index increased and the Services line at 3%.
by 6.22% YoY in the third quarter,
greater than the increase in the SAMUDERA SHIPPING
commercial property supply The International freight rates
index, which grew by 1.03% YoY. recorded a decline of 39%
The growth of the demand and during the 2023 period. This
supply index was also followed decrease ultimately affected the
by the growth of the commercial performance of the Company’s
property rental and sales price shipping industry segment.
indices, each recording growth of
3.57% YoY and 0.48% YoY in the Throughout 2023, the revenue
third quarter of 2023. generated from the shipping
business line (Samudera
According to BPS data, the Water Shipping) amounted to USD 617.8
Supply, Waste Management, million. This figure represented
Waste, and Recycling sector a decrease of 40% from 2022,
recorded a growth of 4.49% YoY which stood at USD1,022.4
18% YoY. Most importantly, the sea until the third quarter of 2023, million. In 2023, this business
transportation subsector managed contributing 0.06% to the overall
to grow by 15.47% YoY. GDP. Based on data from the 14
76
Ministry of Environment and
%
Referring to revenue grouping Forestry, in 2023, the total waste
6
based on industry sectors, the generated was 17,346,300 tons
largest contribution came from the per year, of which 66.43% was
manufacturing sector, amounting managed waste, and 33.35% was 3
to IDR 127.1 billion, a 9.5% unmanaged.
YoY increase in year 2023. The
revenue increase in 2023 based on OPERATIONAL AND SEGMENT
customer sectors occurred in the REVIEW
energy & mining sector, recording The global economic landscape,
a revenue increase of 117.5% still marked by uncertainty due
Samudera Shipping
compared to year 2022. to prolonged geopolitical at
Eurozone and Middle East region,
Samudera Logistics
Operationally, forwarding has continued to exert pressure
activities also experienced on the global economy. This,
Samudera Ports
significant growth. In terms of along with a decrease in global
sea logistics, the volume of trade volume and a decline in sea
Samudera Services
shipped goods increased by freight rates, ultimately impacted
2023 ANNUAL & SUSTAINABILITY REPORT
89
Page 92
line contributed 79% to the total performance of this business line. in 2023, which has increased by
Company revenue. The net profit around 2.4% compared to 2022.
generated by this business line The Warehouse segment
also decreased to USD112.1 has undergone a significant The ports business line also has a
million. transformation. The company has supporting segment that provides
moved beyond traditional 3PL maintenance and procurement of
In 2023, the container shipping services and emerged as a leading spare parts for ports equipment
segment operated 32 vessels 4PL provider. This achievement used by the business group and
with a total volume of 2.04 million was exemplified by securing the external parties. It ensures the
TEUs. The shipping business operation and management of 2 equipment is always in optimal
line also operated 6 tankers and warehouses. condition to effectively support
5 dry bulk vessels with a total operational performance.
carrying capacity of 557,027 DWT In the container depot segment,
(ton). Despite facing a decline the total land owned by the SAMUDERA SERVICES
in transport volume and rates, Company in 2023 was 43 hectares. The services business line
as well as fuel price fluctuations, This segment recorded revenue (Samudera Services) recorded
the domestic shipping segment of USD25,8 million compared
operated by the Company faced to USD22.0 million in 2022. In
new opportunities, especially due 2023, the Company continued
to the stability of transport volume its efforts to increase capacity
in domestic shipping, thanks by realizing collaborations to
to the sustained growth of the develop business prospects in
national economy. As mentioned the management and leasing
earlier, average domestic of container depots through
freight rates also recorded an strategic partnerships with several
increase, although they could not trusted key partners.
compensate for the decline in
freight rates on intra-Asia routes. In the land transportation
segment, the Company operated
SAMUDERA LOGISTICS a total of 388 (2022: 385) truck
The logistics business line fleets used for activities by the
(Samudera Logistics) is the Samudera Indonesia business
second-largest contributor, group as well as by third parties.
accounting for 12% of the total Meanwhile, in the logistics project
Company revenue in 2023. segment, the Company continued
The revenue from the logistics its efforts to diversify its business
business line throughout 2023 by pioneering the development
amounted to USD106 million, an of other infrastructure projects,
increase of 16% from USD91.2 including electricity projects. For
million in the previous year. With the third-party logistics segment,
this revenue, the logistics business service revenue decreased by 11%
line recorded a net profit of compared to the previous year.
USD3.9 million.
SAMUDERA PORTS
The stability of revenue in the The ports business line (Samudera
logistics business line was mainly Ports) recorded an increase in
attributed to the Company’s revenue of 7% compared to the
success in responding to previous year, amounting to
increased demand for services USD52.3 million from USD48.2
in the domestic market through million the previous year. The net
collaborations with several profit recorded from this business
strategic partners and the line is USD6.5 million. This
implementation of operational achievement was in line with the
efficiency to enhance the increase in throughput for ports
90 PT SAMUDERA INDONESIA TBK
Page 93
revenue in 2023 amounting to Company’s financial performance 31 December 2023, encompassing
USD24.1 million, an increase of are based on the consolidated the consolidated financial
13% from USD21.4 million the financial statements as of performance and consolidated
previous year. The net profit December 31, 2023. These cash flow statements, for the
generated also increased to financial statements have been financial year ending on that
USD1 million from USD0.7 million audited by the Public Accounting date, in accordance with the
the previous year. The Company Firm Purwantono, Sungkoro Financial Accounting Standards in
will continue to expand the & Surja – a member firm of Indonesia.
coverage of this business line Ernst & Young Global Limited.
by adding types of service The audit results indicate the Understanding the financial
products that are in line with the consolidated financial statements review also takes into account the
developments in the shipping and have been fairly presented in all explanations provided in the notes
transportation industry. material aspects. It includes the to the Consolidated Financial
consolidated financial position of Statements as an integral part of
FINANCIAL PERFORMANCE PT Samudera Indonesia Tbk and this Annual Report.
Discussion and analysis of the its subsidiaries as of
2023 ANNUAL & SUSTAINABILITY REPORT
91
Page 94
Company Profit
And Loss Overview
COMPANY’S PROFIT AND LOSS OVERVIEW TABLE
2023 2022 Change
Description (Million USD) (Million USD) (%)
Service Revenue 772,4 1.151,0 -32,9
Cost of Services (618,6) (756,9) -18,3
Gross Profit 153,8 394,1 -60,9
General and Administrative Expenses (49,8) (53,3) -6,6
Other Income (Expenses) 14.6 (8,4) -273,8
Profit before Income Tax 118,6 332,4 -64,3
Income Tax Expenses (8,6) (5,4) 59,3
Profit of the Year 110,0 327,0 -66,4
Profit for the Year, Attributable to
Owners of the Parent Entity 74,6 212,7 -64,9
Non-controlling Interests 35,4 114,3 -69,0
In 2023, the Company recorded service revenue of USD772.4 million, a decrease of 32.9% compared to the
previous year, which was USD1,151.0 million. Apart from the reduced volume, a decline in freight rates was also
a significant factor contributing to the decrease in service revenue in 2023. The Company made efforts to reduce
costs to align with the decline in service revenue. However, due to the increase in fuel costs, the Company’s
service costs decreased less than the decline in service revenue, decreasing by only 18.3% to USD618.6 million
from USD756.9 million in the previous year. Consequently, the Company’s gross profit decreased by 60.9% to
USD153.8 million.
The decline in revenue prompted the Company to enhance operational efficiency, leading to a 6.6% reduction
in General and Administrative Expenses to USD49.8 million from USD53.3 million. Additionally, the Company
recorded Other Income of USD14.6 million, while in the previous year, there were Other Expenses of USD8.4
million.
With this performance, in 2023, the Company reported profit before income tax of USD118.6 million, a decrease of
64.3% from the previous year’s figure of USD332.4 million. Ultimately, the Company recorded a net profit after tax
attributable to the parent entity’s owners of USD74.6 million, a decrease of 64.9% from the previous year.
In 2023, the company also reported a net comprehensive gain of USD 4.1 million due to exchange rate differences
in the financial statement translation. Consequently, the total other Comprehensive Income for the year decreased
by 63.7% to USD 114.1 million.
92 PT SAMUDERA INDONESIA TBK
Page 95
Change in Consolidated
Balance Sheet
ASSET
2023 2022 Change
Description (Million USD) (Million USD) (%)
Cash and Cash Equivalent 387,8 417 -7,0
Account Receivables 123,5 189,6 -31,5
Other Current Asset 78,4 45,5 58,2
Total Current Asset 589,7 652,1 -9,6
Investments in Associated Entities and Joint Ventures 45,7 40,9 11,7
Fixed Assets, after deducting accumulated depreciation
414,3 280,0 47,9
and decline in Asset Value
Other Non-Current Asset 207,3 180,4 14,9
Total Non-Current Assets 667,3 501,3 33,1
Total Assets 1.257,0 1.153,4 9,0
As of 31 December 2023, the Company’s total assets increased by 9.0% to USD1,257.0 million from USD1,153.4
million in the previous year. The composition of the Company’s assets is predominantly non-current assets,
contributing to 53.1% of the total assets. The Company maintained a robust cash position, with a value of
USD387.8 million.
LIABILITIES
2023 2022 Change
Description (Million USD) (Million USD) (%)
Short-Term Liabilities
Short-Term Bank Loans 12,0 19,9 -39,7
Sukuk Ijarah 13,6 - n.m
Trade Payables 54,5 65,3 -16,5
Accrued Expenses 65,3 96,1 -32,0
Current Maturities of Long Term Debt
Loans 24,0 19,1 25,6
Lease Liabilities 42,9 83,0 -48,3
Other Short-Term Liabilities 33,4 35,6 -6,7
Total Current Liabilities 245,7 319,0 -23,0
Long-Term Liabilities
Loans 149,3 108,0 38,2
Lease Liabilities 147,0 73,6 99,7
Sukuk Ijarah 21,8 - n.m
Post-Employment Benefit Liabilities 5,6 5,6 0
Other Long-Term Liabilities 2,1 0,8 162,5
Total Long-Term Liabilities 325,8 187,9 73,9
Total Liabilities 571,5 506,9 12,6
2023 ANNUAL & SUSTAINABILITY REPORT
93
Page 96
As of 31 December 2023, the total liabilities of the Company increased by 12.7% to USD571.4 million from
USD506.9 million in the previous year. This increase was attributed to the growth of the company’s long-term debt
and lease liabilities. With the expansion of both long-term liability components, the composition of the company’s
liabilities in 2023 was dominated by long-term liabilities, contributing to 57.0% of the total liabilities.
2023 2022 Change
Description (Million USD) (Million USD) (%)
Capital Stock Issued and Fully Paid 47,4 47,4 0,0
Retained Earnings 444,8 407,2 9,2
Total Equity Attributable to the owners of the Parent
485,1 443,4 9,4
Entity
Total Equity Attributable to the Non-Controlling
200,4 203,1 -1,3
Interest
Total Equity 685,5 646,5 6,0
As of 31 December 2023, the total equity of the company increased by 6.0% to USD685.5 million from USD646.5
million in the previous year. This increase in equity was mainly attributed to the growth in the Company’s retained
earnings in 2023.
CASH FLOW
The total cash and cash equivalents of the Company at the end of 2023 amounted to USD387.8 million, a decrease
of 7.0% from the beginning-of-year position of USD417 million. The table and brief explanation contributing to this
decrease are as follows.
2023 2022 Change
Description (Million USD) (Million USD) (%)
Net Cash Provided by Operating Activities 258,4 459,7 -43,8
Net Cash (Used for) Provided by Investing Activities (193,9) (134,5) 44,2
Net Cash Used for Financing Activities (94,0) (141,9) -33,7
Net Increase (Decrease) of Cash and Cash Equivalent (29,5) 183,3 -116,1
Cash and Cash Equivalent at the Beginning of year 417 234,8 77,6
Effect of Foreign Exchange Rate Changes 0,3 (1,0) -130,0
Cash and Cash Equivalents at the End of Year 387,8 417 -7,0
CASH FLOW FROM OPERATING ACTIVITIES
The net cash flow generated from operating activities in 2023 amounted to USD258.4 million, a decrease
of 43.8% from the previous year’s USD459.7 million. The primary sources of net cash flow from operating
activities were customers, totaling USD838.1 million, while the main cash outflows were used for payments to
employees, suppliers, income taxes, and interest, totaling USD579,7 million.
CASH FLOW FROM/USED IN INVESTING ACTIVITIES
The net cash flow used in investing activities in 2023 amounted to USD193.9 million, an increase of 44.2%
from the previous year’s USD134.5 million. The primary sources of cash inflow were derived from the sale of
fixed assets. Meanwhile, cash outflows were used for the acquisition of fixed assets and advance payment for
purchase of fixed assets, amounting USD160.2 million and USD1.2 million.
94 PT SAMUDERA INDONESIA TBK
Page 97
CASH FLOW FROM/USED IN FINANCING ACTIVITIES
The net cash used in financing activities in 2023 amounted to USD94.0 million, a decrease from the previous
year’s USD141.9 million. Cash inflows were obtained from short-term bank loans, borrowings and sukuk ijarah,
totaling USD116.0 million, while cash outflows were used for the repayment of short-term bank loans, lease
liabilities, and dividend payments, with a total value of USD210.0 million.
LIQUIDITY AND SOLVENCY RATIO
The Company’s ability to pay its debts can be assessed through the calculation of the debt-to-equity ratio and the
cash ratio.
The Company’s ability to meet all of its obligations is reflected in various financial ratios. In 2023, the debt-to-
equity ratio stood at 83.2%, an increase from the previous year’s 78.4%. This ratio indicates a secure position,
being below 100%, demonstrating the Company’s sufficient ability to meet all of its obligations. Meanwhile, the
debt service coverage ratio (DSCR) in year 2023 was 1.87 times, a decrease from the previous year’s 3.97 times.
With this position, the Company still maintains a good ability to meet both short-term and long-term liabilities.
Moreover, the Company has sufficient cash flow to pay all maturing debts, as reflected in the current ratio (current
assets compared to short-term liabilities) of 2.4 times. The company believes its ability to pay debt is within
reasonable limits and does not burden its financial condition.
RECEIVABLE COLLECTIBILITY
The company’s ability to collect receivables (collection period) improved in 2023. This was indicated by the
increase in the percentage of receivables not due and the decrease in the percentage of receivables overdue by
more than 1 year.
As of the end of 2023, the Company’s trade receivables amounted to USD123.5 million, a decrease from the
previous year’s USD189.6 million. The majority (73.7%) of these trade receivables were not due. In 2023, the
average collection period improved compared to the previous year.
The Company continues to monitor customer collectability and is more selective in extending credit to customers
to maintain a reasonable collection period.
CAPITAL STRUCTURE AND POLICIES
The capital structure is a combination of debt and equity. In 2023, the Company’s equity contributed a larger share
to the capital structure, accounting for 54.5%. In 2023, the equity portion decreased compared to the previous
year, as shown in the following table.
2023 2022
Components Portion Portion
(MIllion USD) (MIllion USD)
Short-Term Liabilities 245,7 43,0% 319,0 62,9%
Long-Term Liabilities 325,8 57,0% 187,9 37,1%
Total Liabilities 571,5 45,5% 506,9 43,9%
Total Equity (Capital) 685,5 54,5% 646,5 56,1%
Total Liabilities and Equity 1.257,0 100,0% 1.153,4 100,0%
2023 ANNUAL & SUSTAINABILITY REPORT
95
Page 98
The primary goal of the Company’s capital management is to ensure the Company maintains a healthy capital
ratio to support its operations and maximize stakeholder value. The Company manages its capital structure,
adjusts to changes in economic conditions, and meets the requirements of lenders. The Company monitors capital
using the net gearing ratio by dividing net debt by total equity. Additionally, the Company’s policy is to maintain
the net gearing ratio at a healthy level to obtain maximized funding.
The Company is committed to having an optimal capital structure to achieve business goals by maintaining a
healthy capital ratio, a strong credit rating, and maximizing returns for the Company’s shareholders.
CAPITAL EXPENDITURES AND RIGHT OF USE ASSET
During 2023, the Company did not have any material commitments for capital expenditures. The Company
realized the investment by capital expenditures amounting to USD 160,5 million, an increase from USD 106.6
million in the year 2022, and also by Right of Use Asset (ROU) amounting USD 126.8 million an increase from USD
113.6 million in year 2022.
The largest capital investment and ROU was represented by the shipping business with an investment of USD
126.3 million, mostly used for fleet rejuvenation and additions, followed by the logistics business with USD 4.7
million, ports business with USD 7.4 million, and services business with USD 5.9 million.
DIVIDEND REALIZATION
The Company is committed to adding value to all Shareholders. Therefore, the Company is committed to
providing returns in the form of dividends to Shareholders when the Company records a profit.
According to Law Number 40 of Year 2007 concerning Limited Liability Companies, dividend distribution is carried
out in accordance with the decision of the Annual GMS or Extraordinary GMS. Before the end of the financial year,
interim dividends can be distributed as long as allowed by the Company’s Articles of Association. The distribution
of interim dividends is determined by the Board of Directors and approved by the Board of Commissioners.
The amount of dividends distributed by the Company considers fairness and the Company’s interests in such
payments, taking into account the net profit earned, financial conditions, operational needs, and the Company’s
business development plans.
The realization of dividend distribution in the financial year of 2022 and 2021, paid in year 2023 and 2022, as well
as the 2023 interim dividends, had been paid in 2023:
Payment on Year
Description
Interim 2023 2023 2022 2021
Distributed Cash Dividend (Million IDR) 65,502 491,268 163,756 32.751,2
Dividend per Share (IDR) 4,0 30,0 50,0 10,0
Payout Ratio (%) 6,0 42,0 12,3 37,7
Announcement Date 31 July 2023 28 June 2023 29 June 2022 2 July 2021
Payment Date 30 August 2023 31 July 2023 29 July 2022 30 July 2021
MATERIAL FACTS
Employee Stock Ownership Program (ESOP/MESOP)
As of the end of the financial year 2023, the Company does not have an employee and/or management stock
ownership program.
96 PT SAMUDERA INDONESIA TBK
Page 99
Material Information on Corporate Actions Regarding Investments, Expansion, Divestment, Acquisition,
and/or Debt/Capital Restructuring
There was no material information regarding investments, expansions, divestments, acquisitions, or the
assumption of debt or capital restructuring undertaken by the Company in 2023.
Information on Material Transactions With Conflict of Interest
In 2023, there were no transactions with conflict of interest. However, in carrying out its business activities,
the Company engaged in transactions with parties that had affiliations with the Company. All transactions
were conducted at fair value (arm’s length) and in accordance with commercially reasonable terms, similar to
transactions with third parties. The names of related parties along with the value and type of transactions are
detailed in Note 33 of the Consolidated Financial Statements.
Transactions with Related Parties
Regarding business transactions with related parties, such as purchases, sales, and leases, the Company treats
these transactions fairly and on par with transactions with other third parties to ensure quality and optimal cost for
the interests of both parties.
The names of related parties, as well as the form and amount of transactions with each related party, are disclosed
in detail in Note 33 of the Consolidated Financial Statements.
Changes in Regulations
In 2023, there were no changes in regulations and laws in the Republic of Indonesia that had a material impact on
the Company’s consolidated financial statements.
Changes in Accounting Policies
In 2023, there were no significant changes in accounting policies that had a significant impact on the Company’s
financial statements.
2023 ANNUAL & SUSTAINABILITY REPORT
97
Page 100
BUSINESS PROSPECTS FOR 2024 Considering various challenges need to be overcome by major countries and regions, such as the ongoing Russia-Ukraine conflict, high global inflation, and escalating conflicts in the Middle East, the global economy in 2024 is expeted to remain in a consolidation phase. The IMF, in its January 2024 WEO release, forecasts global economic growth in 2024 to be around 3.1%, similar to 2023. The economies of Eurozone countries, as well as the UK and Japan, are expected to remain under pressure, with the US economy also forecasted to slightly slowing. Meanwhile, the economies of developing countries are projected to grow around 4.1%, similar to the previous year, and global trade volume is expected to begin growing around 3.3%, up from 0.4% in the previous year. Considering these conditions, the IMF forecasts the Indonesian economy in 2024 will achieve a growth rate of 5.0%. Bank Indonesia also predicts economic growth in the range of 5.0%, while the Indonesian government projects economic growth in 2024 to be 5.2%, with the inflation rate targeted to be around 2.8%. Considering the global economic conditions, the target for national economic growth, inflation rate, and the exchange rate of the rupiah, Bank Indonesia (BI) projects the benchmark interest rate to be in the range of 5.5%-6.0%. Considering the current economic conditions and the forward projections, the Company generally assesses the shipping business in the coming year is quite promising. Taking into account the IMF projections and the target for national economic growth, the Company is confident the demand for shipping services from customers in the coming year will be higher. Services that continue to show improvement include sea transport for bulk cargo and commodity products. However, the Company acknowledges container freight rates in the coming year may not necessarily increase, while fuel prices are expected to fluctuate based on geopolitical conditions in the European 98 PT SAMUDERA INDONESIA TBK
Page 101
and Middle Eastern regions. Based on this, the Company anticipates the
performance in 2024 is expected to only slightly increase compared to the
previous year. Nevertheless, the Company is optimistic about achieving
positive performance with better results than those achieved in 2023.
FINANCIAL PROJECTIONS
Adjustment to global economic growth assumptions, as well as
improvements in various aspects of the Company, then the Company
continues to strive for business growth and maintains the stability of the
Company’s financial ratio.
Thus, this condition leads the Company optimistic to achieving optimal
performance in the year 2024.
STRATEGY
The Company focuses on business lines with high-profit margins, and will
continue to invest and maintain a focus on risk management to mitigate
the risk of deviations from the desired targets.
From other business perspective, the Company optimizing performance,
cost efficiency, and vendor management.
For the shipping business line, the Company plans to remain selective
and only choose profitable routes and business agreements. Fleet
management will be tightened to ensure that operating vessels meet
efficiency requirements and the best operational standards. With a
segmented business nature that can also act as a feeder, the Company
becomes more flexible to leverage dynamic opportunities in this
recovering market. This business line will also continue the expansion
strategy into the regional tanker market in the Middle East region and
explore opportunities in the commodity market.
For the ports business line, the Company sees further potential to
participate in the operation of new ports including special terminals that require a BUP. On the other hand, the
Company also participates in port tenders which focus on long-term concessions and establishing partners with
domestic and foreign parties. The Company’s experience in port management is reflected in the increased volume
and by the ongoing development of information technology systems to align with the progress and operational
needs of port activities.
For the logistics business line, the Company is also committed to continue to strive for capacity additions and
expand the business through potential business acquisitions and reviewing several joint venture initiatives that
have been planned supported by the use of information technology systems that continue to be developed.
Another initiative is to collaborate with world-class logistics companies. In the long term, the Company is also
considering the e-commerce retail segment and expanding into the consumer product distribution sector
throughout the country.
For the services business line, the Company will continue to increase on developing services for third parties while
consistently improving services for the Samudera Indonesia business group.
Internally, the Company’s efficiency and digitization efforts will be continued and constantly adjusted to the
development of technology and operational needs in the Company’s field. Increased focus on governance will
ensure the Company’s opportunities to secure large projects and enhance human resource capabilities to adopt
technology more quickly.
2023 ANNUAL & SUSTAINABILITY REPORT
99
Page 102
Governance
Corporate
100 PT SAMUDERA INDONESIA TBK
Page 103
2023 ANNUAL & SUSTAINABILITY REPORT
101
Page 104
I n running its business activities, the Company implements Good Corporate Governance (“GCG”) with the aim
of increasing positive company values, creating long-term sustainable growth, and providing protection for all
stakeholders.
The Company is committed to implement GCG based on the principles of transparency, accountability,
responsibility, independence and fairness, and not only as a fulfillment of applicable regulations but also as a
practice based on the Company’s awareness to uphold integrity in running a business, and transparent company
management.
GOVERNANCE STRUCTURE stipulates the Company’s management system adheres to a two-tier system, the
Board of Commissioners (BOC) and the Board of Directors (BOD) with clear authorities and responsibilities in
accordance with their respective functions as mandated in the prevailing law and the Articles of Association. Based
on the system, the executive and supervisory functions are separated to minimize potential conflicts of interest.
In carrying out its functions, duties and responsibilities, the BOC is assisted by the Audit Committee, the
Nomination & Remuneration Committee, and the Corporate Development Committee. Meanwhile the Corporate
Internal Audit reports directly to the President Director who is assisted by organs called the Executive Committee
and CEO Office.
GENERAL MEETING
SHAREHOLDERS
BOARD OF COMMISSIONERS COMMITTEE
Audit Committee BOARD OF
Nomination and Remuneration Committee COMMISSIONERS
Corporate Development Committee
EXECUTIVE COMMITTEE
Investment
PRESIDENT Procurement
DIRECTOR Organization & Talent
Business Continuity Management
CEO OFFICE
Special Assistant to CEO Shipping Investment & Strategy
Special Assistant to CEO Logistics Investment & Strategy
Assistant to CEO Shipyard Investment & Strategy CORPORATE INTERNAL AUDIT
Assistant to CEO Logistics Property & Equipment
Executive Assistant to CEO Overseas Investment & Strategy
HUMAN
FINANCE COMPLIANCE CAPITAL
DIRECTOR DIRECTOR DIRECTOR
102 PT SAMUDERA INDONESIA TBK
Page 105
In order for the implementation of GCG to run effectively and achieve the expected goals, the Company has
prepared and completed GCG POLICIES as a framework for implementing GCG in the business operational
activities by referring to the relevant laws and regulations, among others:
Board of Commissioners Charter Policy on Prohibition of Monopolistic Practices and
Board of Directors Charter Unfair Business Competition
Audit Committee Charter Policy to Support Sustainable Development and
Nomination and Remuneration Committee Charter Environmentally Friendly Businesses, and
Internal Audit Charter Whistleblowing System
Company Regulations
Code of Ethics and Business Conduct GCG Policy has been uploaded to the Company’s
Anti-Corruption Policy official website and can be accessed by the public.
DIVISION IN CHARGE FOR SUSTAINABLE BUSINESS IMPLEMENTATION AND SUSTAINABILITY
GOVERNANCE STRUCTURE stated by the Company’s commitment to implement sustainable business as
regulated in OJK Regulation No.51/POJK.03/2017 concerning the Implementation of Sustainable Finance for
Financial Services Institutions, Issuers and Public Companies.
In implementing Sustainable Governance, BOD is responsible for determining direction, strategy, policies, as well
as sustainability targets and goals. BOD then delegates responsibility for managing sustainability aspects which
includes managing environmental, social, and governance (ESG) impacts to the Compliance Director who oversees
the Corporate Legal, Corporate Secretariat, Corporate Communications, Corporate Procurement, Corporate Risk
Management, Corporate Compliance, and Corporate ESG Division.
The Corporate ESG Division was formed to ensure the Company complies with sustainability standards and
manages sustainability risks and opportunities, which can help the Company achieve its long-term goals in a
sustainable manner. The following is the sustainability governance structure of the Company:
COMPLIANCE
DIRECTOR
CORPORATE CORPORATE CORPORATE CORPORATE CORPORATE CORPORATE RISK
CORPORATE ESG
LEGAL SECRETARIAT COMPLIANCE COMMUNICATIONS PROCUREMENT MANAGEMENT
The Corporate ESG Division is responsible for creating policies, monitoring the ESG’s implementation,
conducting socialization to all employees, and coordinating with related divisions in implementing sustainability
in the Company, as well as reporting on the implementation of sustainability in the Company. This division
also coordinates with the Corporate Secretariat Division in the implementation of Corporate Governance and
Sustainability Reporting.
In the sustainability reporting process, BOD through the Corporate Secretariat Division conduct a comprehensive
review to ensure transparency, accountability and high quality of sustainability reporting. Corporate ESG Division
also coordinates with the Corporate Risk Management Division regarding risk management for climate change,
and coordinates with the Samudera Indonesia Peduli Foundation regarding the implementation of CSR programs.
2023 ANNUAL & SUSTAINABILITY REPORT
103
Page 106
In the year 2022, the Company held GENERAL MEETING OF SHAREHOLDERS (“GMS”) for 1 (one) Annual
GMS and 1 (one) Extraordinary GMS. The resolutions of the year 2022 Annual GMS and Extraordinary GMS have
been fully implemented (100%) at the end of the relevant financial year and there are no GMS resolutions to be
implemented in 2023.
IMPLEMENTATIONS OF ANNUAL GMS 2023 was held on Wednesday, 28 June 2023 at The St. Regis
Jakarta, Astor Ballroom, Jl. H.R. Rasuna Said Blok Kav. B/4, Setiabudi, South Jakarta 12190. It was attended by
13,529,548,510 shares or 82.620169% of all issued and fully paid shares.
The Annual GMS was also attended by independent parties, namely:
1. Notary Jessy Darmawan, S.H., M.Kn.
2. Securities Administration Bureau, PT Sharestar Indonesia, Mr. Soeroto.
3. Public Accounting Firm, Purwantono, Sungkoro & Surja – member of Ernst & Young Global Limited. Public
Accounting Firm, Purwantono, Sungkoro & Surja – member of Ernst & Young Global Limited.
The agenda and resolutions of the Annual GMS along with the implementation status as of 31 December 2023 are
as follows:
1. Approval on the Board of Directors’ Annual Report including the Supervisory Report of the Board of
Commissioners for the financial year ending on 31 December 2022 and the Ratification of the Company’s
Financial Statements for the financial year ending on 31 December 2022 .It was decided:
a. Accept the Annual Report of the Board of Directors of the Company regarding the performance of the
Company including the Supervisory Report of the Board of Commissioners of the Company for the financial
year ending on 31 December 2022;
b. Ratify the Company’s Consolidated Financial Statements that has been audited by the Public Accounting
Firm Purwantono, Sungkoro & Surja, a member firm of Ernst & Young Global Limited for the financial year
ending on 31 December 2022, as stated in the report No. 00273/2.1032/AU.1/06/1294-1/1/III/2023 dated 17
March 2023 with a fair opinion in all material aspects;
c. Grant a statement of release and discharge (acquit et de charge) to all members of the Board of Directors and
the Board of Commissioners for the managerial and supervisory actions that have been carried out during the
financial year ending on 31 December 2022, to the extent that such actions are reflected in the Annual Report
and the Consolidated Financial Statements for the financial year ending on 31 December 2022.
Decision-making By Voting
Agree Disagree Abstain Total Votes Agreed
13.489.608.890 127.100 39.812.520 13.529.421.410
shares or shares or shares or shares or
99,704797% 0,000939% 0,294264% 99,999060%
2. Determination of the utilization of the Company’s income for the financial year ending on 31 December 2022.
a. Utilize the Company’s income of the 2022 financial year, in the amount of USD212,694,879 (two hundred
and twelve million six hundred and ninety-four thousand eight hundred and seventy-nine US dollar) with the
following details:
Rp655,024,000,000,- (six hundred fifty five billion and twenty four million Rupiah) or with a dividend value
per share of Rp40,- (forty Rupiah), with the following details:
Interim dividend of Rp163,756,000,000,- (one hundred sixty three billion and seven hundred fifty six
million Rupiah) or with dividend value per share of Rp10,- (ten Rupiah) were paid and distributed to
104 PT SAMUDERA INDONESIA TBK
Page 107
the Shareholders of the Company on 31 August 2022, as stated on the Circular Decree of the Board
of Commissioners dated 1 August 2022; and
The remainder as cash dividend of Rp491,268,000,000,- (four hundred ninety one billion and two
hundred sixty eight million Rupiah) or with dividend value per share of Rp30,- (thirty Rupiah) will be
paid in accordance with applicable regulations.
Allocate Rp1,900,000,000,- (one billion and nine hundred million Rupiah) as the mandatory reserve fund
according to the Limited Liability Company Law No. 40 Year 2007;
Book the remainder of net earnings for the 2022 financial year as retained earnings which will be utilized
as working capital and investment.
b. Authorize and grant the Board of Directors a power of attorney with the right of substitution to further
manage the distribution of interim dividends and cash dividends for the financial year ending on 31
December 2022 in accordance with applicable regulations.
Decision-making By Voting
Agree Disagree Abstain Total Votes Agreed
13.526.810.310 102.600 2.635.600 13.529.445.910
shares or shares or shares or shares or
99,979761% 0,000758% 0,019481% 99,999242%
3. Appointment of a Public Accountant and/or Public Accounting Firm to audit the Company’s Financial
Statements for the financial year ending on 31 December 2023.
Delegate authority to the Board of Commissioners to appoint the Public Accountant and Public Accounting
Firm registered with the Financial Services Authority (Otoritas Jasa Keuangan) to audit the Company’s Financial
Statements as well as to determine the amount of professional services fees to audit for the financial year
ending on 31 December 2023.
Decision-making By Voting
Agree Disagree Abstain Total Votes Agreed
13.425.543.895 63.823.795 40.180.820 13.465.724.715
shares or shares or shares or shares or
99,231278% 0,471736% 0,296986% 99,528263%
4. Determination of the remuneration and benefits of the members of Board of Directors, as well as the
honorarium for the members of the Board of Commissioners.
a. Determine the honorarium for the Board of Commissioners b. Delegating the authority to
in 2023 to a maximum of Rp16,000,000,000,- (sixteen billion the Board of Commissioners
Rupiah) inclusive of tax, which will be distributed to members to determine the salaries and
of the Board of Commissioners and to authorize the Board benefits for the members of
of Commissioners to determine the distribution among the the Board of Directors for the
members of the Board of Commissioners; and financial year of 2023.
2023 ANNUAL & SUSTAINABILITY REPORT
105
Page 108
Decision-making By Voting
Agree Disagree Abstain Total Votes Agreed
13.465.668.415 60.631.795 3.248.300 13.468.916.175
shares or shares or shares or shares or
99,527848% 0,448144% 0,024009% 99,551856%
5. The amendment of the Board of Commissioner’s composition and reappointment of the Board of Directors
and the Board of Commissioners members.
a. Approve the appointment of Mr. Hoesen, as of the closing of this Meeting until the closing of the Annual
General Meeting of Shareholders in 2028, without prejudice to the right of the General Meeting of
Shareholders to terminate at any time.
b. Re-appoint:
Mrs. Shanti Lasminingsih Poesposoetjipto, as This appointment is effective as of the
President Commissioner; closing of this Meeting until the closing of
Mr. Anugerah Pekerti, as Independent the Annual General Meeting of Shareholders
Commissioner; in 2028, without prejudice to the right of
Mr. Amir Abadi Jusuf, as Commissioner; the General Meeting of Shareholders to
Mr. Ken Narotama Hidayatullah, as terminate at any time.
Commissioner;
Mr. Ridwan Hamid, as Finance Director;
c. Approve the composition of the Company’s Board of Directors and Board of Commissioners
Name Position
Shanti Lasminingsih Poesposoetjipto President Commissioner
Masli Mulia Commissioner
Amir Abadi Jusuf Commissioner
Ken Narotama Hidayatullah Commissioner
Anugerah Pekerti Independent Commissioner
Kuntoro Mangkusubroto Independent Commissioner
Hoesen Independent Commissioner
Bani Maulana Mulia President Director
Ridwan Hamid Finance Director
Farida Helianti Sastrosatomo Compliance Director
Tara Hidayat Human Capital Director
d. Approve to grant a power of attorney to the Board of Directors with the right of substitution, to take all
actions in connection with the above-mentioned decisions, including but not limited to state it in a separate
notary deed and to submit it to the Minister of Law and Human Rights of the Republic of Indonesia, to
obtain approval for amendments, and to take all actions deemed necessary to achieve these objectives.
106 PT SAMUDERA INDONESIA TBK
Page 109
Decision-making By Voting
Agree Disagree Abstain Total Votes Agreed
12.957.048.085 570.119.425 2.381.000 12.959.429.085
shares or shares or shares or shares or
95,768518% 4,213884% 0,017599% 95,786116%
IMPLEMENTATION REALIZATIONS OF 2023 ANNUAL GMS RESULTS have been fully implemented as of 31
December 2023. The resolutions of the Annual GMS have been contained in the deed of “Minutes of the Annual
General Meeting of Shareholders of PT SAMUDERA INDONESIA Tbk” dated 28 June 2023 Number 58, the
minutes of which were made by Notary Jessy Darmawan, S.H., M.Kn.
IMPLEMENTATIONS OF EXTRAORDINARY GMS 2023 was held on Wednesday, 28 June 2023 at The St. Regis
Jakarta, Astor Ballroom, Jl. H.R. Rasuna Said Blok Kav. B/4, Setiabudi, South Jakarta 12910.
The 2023 Extraordinary GMS was attended by 6 (six) Commissioners and all BOD, and shareholders or their proxies
representing 13,501,622,610 shares or 82.449636% of all issued and fully paid shares.
The Extraordinary GMS was also attended by independent parties, namely:
1. Notary Jessy Darmawan, S.H., M.Kn.
2. Securities Administration Bureau, PT Sharestar Indonesia, Mr. Soeroto.
The agenda and resolutions of the Extraordinary GMS along with the implementation status as of 31 December
2023 are as follows:
1. Approval on the amendment of Article 3 of the Company’s Articles of Association regarding the Purposes and
Objectives and Business Activities in order to fulfill the requirements and provisions of the Central Bureau
of Statistics Regulation Number 2 of 2020 concerning Standard Classification of Indonesian Business Fields
and Regulation No. IX.J.1 – Decree of the Chairman of Bapepam-LK Number KEP-179/BL/2008 dated 14 May
2008 concerning the Principal Articles of Association of the Company conducting a Public Offering of Equity
Securities and Public Companies.
a. Approve the amendment to Article 3 of the Company’s Articles of Association concerning Purposes and
Objectives and Business Activities in order to fulfill the requirements and provisions of the Central Bureau
of Statistics Regulation Number 2 year 2020 concerning the Standard Classification of Indonesian Business
Fields and Regulation No. IX.J.1 – Decision of the Chairman of Bapepam-LK No. KEP-179/BL/2008 dated 14
May 2008 concerning the Principal Articles of Association of the Company conducting a Public Offering of
Equity Securities and Public Companies, as follows:
Main Business Activities:
a. Conduct Business in the field of Domestic Sea Transportation for General Goods (KBLI 2020 Number 50131);
Supporting Business Activities:
b. Conduct Business in the field of Domestic Sea Transportation for Special Goods (KBLI 2020 Number 50133);
c. Conduct Business in the field of Foreign Sea Transportation for General Goods (KBLI 2020 Number 50141);
d. Conduct Business in the field of Foreign Sea Transportation for Special Goods (KBLI 2020 Number 50142).
b. Approve to grant a power of attorney to the Board of Directors with rights of substitution, to take all actions
in connection with the above-mentioned decisions, including but not limited to stating it in a separate
notary deed and submitting it regarding amendments to the Company’s Articles of Association to the
Minister of Law and Human Rights of the Republic of Indonesia to obtain approval for amendments, and to
take all actions deemed necessary to achieve these objectives.
2023 ANNUAL & SUSTAINABILITY REPORT
107
Page 110
Decision-making By Voting
Agree Disagree Abstain Total Votes Agreed
12.989.637.180 509.801.430 2.184.000 12.991.821.180
shares or shares or shares or shares or
96,207971% 3,775853% 0,016176% 96,224146%
IMPLEMENTATION REALIZATIONS OF 2023 EXTRAORDINARY GMS RESULTS have been fully implemented
as of 31 December 2023. The results of the Extraordinary GMS decision have been contained in the deed “Minutes
of the Extraordinary General Meeting of Shareholders of PT SAMUDERA INDONESIA Tbk” Number 59 dated 28
June 2023, the minutes of which were made by Notary Jessy Darmawan, S.H., M.Kn.
BOARD OF COMMISSIONERS (BOC) is one of the principal organs of the Company, which is responsible for
carrying out supervisory and advisory duties as stipulated in the Board of Commissioners Charter.
CODE OF ETHICS AND BUSINESS CONDUCT OF THE BOARD OF COMMISSIONERS, which describes the
duties and responsibilities of the members of BOC, was ratified on 5 March 2020.
Throughout 2023 there were changes in COMPOSITION OF THE BOARD OF COMMISSIONERS. Therefore, the
composition of the Company’s BOC as of 31 December 2023 is as follows:
Name Position Basis of Appointment Term of Office
Shanti Lasminingsih
President Commissioner GMS Approval 28 June 2023 2023 - 2028
Poesposoetjipto
Anugerah Pekerti Independent Commissioner GMS Approval 28 June 2023 2023 - 2028
Kuntoro Mangkusubroto Independent Commissioner GMS Approval 29 June 2022 2022 - 2027
Hoesen Independent Commissioner GMS Approval 28 June 2023 2023 - 2028
Masli Mulia Commissioner GMS Approval 30 June 2020 2020 - 2025
Amir Abadi Jusuf Commissioner GMS Approval 28 June 2023 2023 - 2028
Ken Narotama Hidayatullah Commissioner GMS Approval 28 June 2023 2023 - 2028
THE INDEPENDENT COMMISSIONER is a member of BOC from outside the Company who fulfills the criteria
and is able to declare their independency in performing their duties as a member of the BOC. In the period of
2023, there were 3 (three) Independent Commissioners.
INDEPENDENCE OF INDEPENDENT COMMISSIONERS is declared by all Independent Commissioners of the
Company for their abilities to uphold independence in performing their duties, as outlined in the statement of
independence.
THE DUTIES AND RESPONSIBILITIES OF THE BOC as regulated in the Code of Ethics and Business Conduct,
as follows
1. Conduct supervision and responsible for the 3. Perform its duties and responsibilities by the
supervision of management policy, general principles of good faith, responsibility, and
management operations of the Company and its prudence.
businesses, as well as advise the BOD. 4. In certain circumstances, manage the Company
2. In certain circumstances, the BOC must hold GMS for a certain period of time in accordance with the
in accordance with its authority. Articles of Association or GMS resolution.
108 PT SAMUDERA INDONESIA TBK
Page 111
5. Jointly responsible for the Company loss caused 7. Approve annual work plan, which contains the
by mistake or negligence of members of the BOC annual budget prepared by the BOD for the
in performing their duties. upcoming financial year.
6. Prepare the code of ethics that applies to all 8. Assess performance of each member of the
members of the BOD and BOC, employees/staff, BOD and/or the BOC against their respective
and supporting organs of the Company. remuneration.
BOC also plays an important role in running supervisory functions and providing advice in ESG aspects. Through
effective and regular monitoring, BOC reviews the effectiveness of implementing the sustainability strategy.
BOC ensures that the Company not only complies with applicable regulations but also operates in an ethical and
responsible manner.
As regulated in POJK No. 33/POJK.04/2014 on the Board of Directors and Board of Commissioners of Issuers and
Public Companies, the BOC has held BOARD OF COMMISSIONERS MEETING at least 6 (six) meetings in a year,
as well as meetings attended by the BOD at least once in four months. The members of the BOC who cannot
attend may participate through video or teleconference.
The results of the meeting must be stated in the meeting summary and documented by the Company.
MEETING OF THE BOARD OF COMMISSIONERS
Name Attendance Rate Percentage
Position (times) (%)
Shanti Lasminingsih Poesposoetjipto President Commissioner 6 100
Anugerah Pekerti Independent Commissioner 6 100
Kuntoro Mangkusubroto Independent Commissioner 2* 33*
Hoesen Independent Commissioner 3** 100**
Masli Mulia Commissioner 6 100
Amir Abadi Jusuf Commissioner 6 100
Ken Narotama Hidayatullah Commissioner 6 100
*The late Kuntoro Mangkusubroto passed away on 17 December 2023
** Hoesen was appointed as Independent Commissioner on 28 June 2023
2023 ANNUAL & SUSTAINABILITY REPORT
109
Page 112
MEETING OF THE BOARD OF COMMISSIONERS WITH THE BOARD OF DIRECTORS
Attendance Rate Percentage
Name Position (times) (%)
Shanti Lasminingsih Poesposoetjipto President Commissioner 6 100
Anugerah Pekerti Independent Commissioner 6 100
Kuntoro Mangkusubroto Independent Commissioner 2* 33*
Hoesen Independent Commissioner 3** 100**
Masli Mulia Commissioner 6 100
Amir Abadi Jusuf Commissioner 6 100
Ken Narotama Hidayatullah Commissioner 6 100
Bani M. Mulia President Director 6 100
Ridwan Hamid Finance Director 6 100
F. Helianti Sastrosatomo Compliance Director 6 100
Tara Hidayat Human Capital Director 6 100
*The late Kuntoro Mangkusubroto passed away on 17 December 2023
** Hoesen was appointed as Independent Commissioner on 28 June 2023
PERFORMANCE ASSESSMENT OF THE BOC in financial year 2023 has been done in accordance to the
procedure and criteria set out by the Company using self-assessment method. The performance assessment
indicators for BOC also include aspects of supervision of ESG issues.
The BOC provides a PERFORMANCE ASSESSMENT OF THE BOARD OF COMMISSIONER’S SUPPORT
COMMITTEE that support the BOC performance of duties in financial year 2023, which consists of Audit
Committee, Nomination and Remuneration Committee, and Company Development Committee. The BOC
considers that the committee under the BOC have done their duties and responsibilities effectively.
TRAINING AND COMPETENCY DEVELOPMENT OF THE BOC have been undertaken throughout 2023 to
increase BOC’s collective knowledge and competence in aspects of sustainability and sustainable development,
BOC also continuously participates in training activities and programs as well as sharing knowledge on related
issues.
BOD is an organ that is fully authorized and responsible individually and collectively, for the management of
the Company according to the Company’s intents and purposes, and represents the Company’s interest in and
outside the court according to the provisions of the Articles of Association.
In carrying out its duties and responsibilities, the BOD has a working reference contained in the CODE OF ETHICS
AND BUSINESS CONDUCT FOR THE BOARD OF DIRECTORS that was approved in January 2020.
110 PT SAMUDERA INDONESIA TBK
Page 113
Throughout the year 2023 there was no change in THE COMPOSITION OF BOD. For this reason, the composition
of the Company’s BOD is as follows:
Name Position Basis of Appointment Term of Office
Bani M. Mulia President Director GMS Approval 30 June 2020 2020 - 2025
Ridwan Hamid Finance Director GMS Approval 28 June 2023 2023 - 2028
F. Helianti Sastrosatomo Compliance Director GMS Approval 26 June 2019 2019 - 2024
Tara Hidayat Human Capital Director GMS Approval 30 June 2020 2020 - 2025
DUTIES AND RESPONSIBILITIES OF THE BOD both collectively and individually are specified in the Board of
Directors’ Code of Ethics and Business Conduct as the following:
1. Fully authorized and 4. Perform duties and 7. Prepare an annual plan, which
responsible for the responsibilities with the also includes the Company’s
management of the Company principles of good faith, annual budget for the next
in the Company’s interest, and responsible, and prudence. financial year.
representing the Company 5. Jointly responsible for the 8. Submit an annual report to the
inside and outside the court. Company loss caused by GMS upon review and signed
2. Prepare an annual report in the mistake or negligence by the BOC, within 6 (six)
accordance with the applicable of members of the BOD in months after the end of the
laws and have it signed by performing their duties. Company’s financial year at the
all members of the BOD and 6. Provide and maintain a list latest.
BOC. of shareholders, special list,
3. Convene GMS as regulated by minutes of GMS, and BOD
prevailing laws and Articles of meetings.
Association of the Company.
As regulated in POJK No.33/POJK.04/2014, the BOD is obligated to hold a regular BOD MEETING at least 1
(once) every month. BOD is also obligated to hold regular joint meetings with BOC at least 1 (once) in 3 (three)
months. The meeting resolutions shall be described in the minutes of meeting, which must be signed by all
attendees and conveyed to all members of the BOD and BOC. The minutes of the meeting shall be documented
by the Company.
Attendance Rate Percentage
Name Position (%)
(times)
Bani M. Mulia President Director 12 100
Ridwan Hamid Finance Director 12 100
F. Helianti Sastrosatomo Compliance Director 12 100
Tara Hidayat Human Capital Director 12 100
THE PERFORMANCE ASSESSMENT OF THE BOD in the financial year of 2023 has been conducted using a
self-assessment method in accordance with the criteria recommended by the Nomination and Remuneration
Committee, and then the assessment results are submitted to BOC for evaluation.
The performance assessment criteria proposed by the Nomination and Remuneration Committee also include
performance achievement in ESG aspects.
2023 ANNUAL & SUSTAINABILITY REPORT
111
Page 114
President Director conducted PERFORMANCE ASSESSMENT OF THE BOARD OF DIRECTORS SUPPORTING
COMMITTEE, such as the Executive Committee and CEO Office. Each has its duties and objectives, so it is
necessary to assess and evaluate the effectiveness of its performance.
The evaluation of the committees under the President Director is done annually by the BOD. The evaluation
criteria for the Committees under the President Director are based on each Key Performance Indicator (KPI) by
adjusting their respective duties and responsibilities.
BOD assessed that the four committees, namely the Investment, Procurement, Organization & Talent,
Business Continuity Management Committee, had worked effectively and followed their respective duties and
responsibilities throughout the year 2023.
TRAINING AND COMPETENCY DEVELOPMENT OF BOD have been undertaken throughout year 2023
with various training and competency development programs, including competency development related to
sustainability and ESG.
PROCEDURE FOR DETERMINING REMUNERATION OF THE BOC AND THE BOD are determined through the
GMS mechanism after prior discussion by the Nomination and Remuneration Committee
The remuneration of BOD and Commissioners is also determined by the performance achievements and efforts of
BOD and the role of BOC in managing and supervising the Company’s impact on ESG.
TOTAL REMUNERATION OF THE BOC in the year 2023 amounted to Rp16 billion, and GMS granted the authority
to the BOC to determine REMUNERATION OF BOD of the Company’s (salaries and benefits) for the financial year
2023.
The BOC conducted its supervisory function by SUPPORTING ORGANS OF THE BOARD OF COMMISSIONERS
assisted by three committees, such as the Audit Committee, the Nomination and Remuneration Committee, and
the Corporate Development Committee.
The Company has had an AUDIT COMMITTEE since 2009, by virtue of the Decision of the Board of
Commissioners No. SR.02/KOM/SP/VI/2009 dated 2 June 2009 on the Establishment of Audit Committee.
The Audit Committee works based on work guidelines that have been prepared in the form of the AUDIT
COMMITTEE CHARTER and were ratified on 27 October 2017.
AUDIT COMMITTEE COMPOSITION
Name Position Description Term of Office Basis of Appointment
Hoesen Chairperson Independent Commissioner 2023-2028 SK.23.08.018/DEKOM/SI TBK
Herwan Ng Member Independent Party 2021-2026 SR.21.06.007/SK/SP/DK
Aria Farahmita Member Independent Party 2021-2026 SR.21.06.007/SK/SP/DK
To achieve INDEPENDENCY OF AUDIT COMMITTEE commitment in conducting its duties and responsibilities,
the Company’s Audit Committee is chaired by an Independent Commissioner, as the representative of BOC,
and two members from independent parties outside the Company. Therefore the Company has complied the
provisions of the Financial Services Authority Regulation Number 55/POJK.04/2015 concerning the Establishment
and Work Implementation Guidelines for the Audit Committee.
112 PT SAMUDERA INDONESIA TBK
Page 115
DUTIES AND RESPONSIBILITIES OF THE AUDIT COMMITTEE
1. Financial Reports and Information
a. Conduct a study/review of financial information to be issued by the Company, such as financial
statements, estimations or projections, and other finance-related information.
b. Seek assurance from the BOD regarding the accuracy of the information submitted by the Company to
regulators and the public.
c. Maintain the confidentiality of documents, data, and Company information.
d. Review complaints related to the company’s accounting and financial reporting processes.
2. Corporate Governance
a. Assess the Company’s level of compliance with the laws and regulations related to the Company’s
activities.
b. Review and provide advice to the BOC regarding potential conflicts of interest.
3. Risk Management
Ensure that the Company has and implements risk management systems and procedures.
4. External Audit
a. Provide recommendation to the BOC on the appointment of Public Accountant based on the
independency, scope of assignment, and fee.
b. Review the performance, independency, and objectivity of Public Accountant.
c. Communicate with Public Accountant by referring to the Audit Standard (SA 260).
d. Provide independent opinion in the event of differences in opinion between the management and the
Public Accountant.
5. Internal Audit
a. Review the audit process.
b. Review the performance and independence of the Internal Audit Division.
c. Monitor the follow-up implementation of the BOD findings.
d. Review and revise Internal Audit Charter annually or whenever deemed necessary.
POJK No. 55/POJK.04/2015 stipulates that AUDIT COMMITTEE MEETING must be held regularly at least 1 (one)
time in 3 (three) months and meetings with the BOC at least once every 3 (three) months or as invited by the BOC.
2023 ANNUAL & SUSTAINABILITY REPORT
113
Page 116
INTERNAL AUDIT COMMITTEE MEETING
Attendance Rate Percentage
Name Position (%)
(times)
Hoesen Chairperson 5* 100*
Herwan Ng Member 10 100
Aria Farahmita Member 10 100
*Hoesen was appointed as chair of the Audit Committee to replace Anugerah Pekerti on 28 August 2023
INTERNAL AUDIT COMMITTEE MEETING WITH THE BOARD OF COMMISSIONERS
Name Position Attendance Rate Percentage
(times) (%)
Hoesen Chairperson 2* 100*
Herwan Ng Member 3 75
Aria Farahmita Member 4 100
Shanti Lasminingsih Poesposoetjipto President Commissioner 4 100
Anugerah Pekerti Independent Commissioner 4 100
Kuntoro Mangkusubroto Independent Commissioner 4 100
Masli Mulia Commissioner 4 100
Amir Abadi Jusuf Commissioner 4 100
Ken Narotama Hidayatullah Commissioner 4 100
*Hoesen was appointed as chair of the Audit Committee to replace Anugerah Pekerti on 28 August 2023
*Hoesen was appointed as chair of the Audit Committee to replace Anugerah Pekerti on 28 August 2023
114 PT SAMUDERA INDONESIA TBK
Page 117
BRIEF REPORT ON THE IMPLEMENTATION OF AUDIT COMMITTEE DUTIES throughout year 2023, the Audit
Committee has done its duties and responsibilities in accordance with the Audit Committee Charter to conduct
below activities:
Reviewed the annual and quarterly financial Submitted reports containing reviews and
statements of the Company; recommendations to the BOC; and
Discussed the findings of the internal audit with Discussed audit plan with the External Auditor.
Audit Division;
Had discussions with several Corporate Divisions,
Management, and Subsidiaries;
Various AUDIT COMMITTEE TRAINING AND COMPETENCY DEVELOPMENT have been participated
throughout year 2023.
The Company established a NOMINATION AND REMUNERATION COMMITTEE in 2018 by virtue of the Decree
of the Board of Commissioners No. SK.18.09.01/SLP/DK dated 12 September 2018 on the Establishment of
Nomination and Remuneration Committee.
In carrying out its responsibilities, the Committee NOMINATION AND REMUNERATION COMMITTEE
CHARTER in Code of Ethics and Business Conduct of Nomination and Remuneration Committee.
COMPOSITION OF NOMINATION AND REMUNERATION COMMITTEE
Term of Basis of
Name Position Description Office Appointment
Independent
Kuntoro Mangkusubroto* Chairperson 2022-2023 SK.18.09.01/SLP/DK
Commissioner
President
Shanti Lasminingsih Poesposoetjipto Member 2023-2028 SK.18.09.01/SLP/DK
Commissioner
Amir Abadi Jusuf Member Commissioner 2023-2028 SK.18.09.01/SLP/DK
*The late Kuntoro Mangkusubroto passed away on 17 December 2023
INDEPENDENCY OF NOMINATION AND REMUNERATION COMMITTEE is chaired by an Independent
Commissioner who has met the independence criteria in conducting their duties.
DUTIES AND RESPONSIBILITIES OF THE NOMINATION AND REMUNERATION COMMITTEE
1. Nomination Function:
a. Provide recommendations to the BOC on: 2. Remuneration Function:
(i) Composition of the members of BOD a. Provide recommendations to the BOC on:
and/or BOC; (ii) Policies and criterias which (i) Remuneration Structure; (ii) Remuneration
are required in Nomination process; and Policy; and (iii) Remuneration Amount; and
(iii) Performance evaluation policies for the b. Assist the BOC in assessing the performance
members of the BOD and/or members of the of each member of the BOD and/or the BOC
BOC; against their remuneration amount.
b. Provide recommendations to the BOC on
capacity building program for members of
the BOD and/or members of the BOC; and
c. Provide recommendations to the BOC on
potential candidates for members of the BOD
and/or members of the BOC to be approved
in the GMS.
2023 ANNUAL & SUSTAINABILITY REPORT
115
Page 118
In year 2023, NOMINATION AND REMUNERATION COMMITTEE MEETING held 4 (four) meetings, including
joint meeting with the BOC, with attendance details as follows:
Attendance Rate Percentage
Name Position (times) (%)
Kuntoro Mangkusubroto* Chairperson 4 100
Shanti Lasminingsih Poesposoetjipto Member 4 100
Amir Abadi Jusuf Member 4 100
*The late Kuntoro Mangkusubroto passed away on 17 December 2023
BRIEF REPORT ON THE IMPLEMENTATION OF NOMINATION AND REMUNERATION COMMITTEE DUTIES
in year 2023 in accordance with the followings activities carried out by the Nomination and Remuneration
Committee:
1. Discussion on Criteria of the Directors’ 3. Discussion of Independent Commissioner
Performance. candidate.
2. Discussion on the Remuneration of the Directors 4. Discussion on the change to the chairman of the
and the BOC. Audit Committee
Various NOMINATION AND REMUNERATION COMMITTEE TRAINING AND COMPETENCY DEVELOPMENT
have been participated throughout year 2023.
The company established the CORPORATE DEVELOPMENT COMMITTEE in 2013 by virtue of the Decree of
the Board of Commissioners No. SK.13.06.017e/SK/SP/DK dated 1 June 2013 regarding the Establishment of the
Corporate Development Committee.
COMPOSITION OF THE CORPORATE DEVELOPMENT COMMITTEE consisting of chairman and members are
appointed based on the Decree of the Board of Commissioners No SK.17.08.002/SLP/DK dated 1 August 2017.
Name Position Description Term of Office Basis of Appointment
Ken Narotama
Chairperson Commissioner 2023-2028 SK.17.08.002/SLP/DK
Hidayatullah
Independent
Munir Machmud Ali Member 2018-2023 SK.17.08.002/SLP/DK
Party
The Chairperson of the Corporate Development Committee is a Commissioner of the Company, which concurrent
position is allowed by considering INDEPENDENCY OF THE CORPORATE DEVELOPMENT COMMITTEE based
on the criteria such as independency, confidentiality, code of ethics, duties and responsibilities according to their
capacities in accordance with the applicable laws and regulations.
In year 2023, CORPORATE DEVELOPMENT COMMITTEE MEETING held 3 (three) meetings, including joint
meetings with the BOC, with the following attendance level:
Attendance Rate Percentage
Name Position (times) (%)
Ken Narotama Hidayatullah Chairperson 3 100
Munir Machmud Ali Member 3 100
BRIEF REPORT ON THE IMPLEMENTATION OF THE DUTIES OF THE CORPORATE DEVELOPMENT
COMMITTEE throughout year 2023 related to discussions on Investment and Financing Plan, also the Company
Work Plan and Budgeting for 2024.
116 PT SAMUDERA INDONESIA TBK
Page 119
Various TRAINING AND COMPETENCY DEVELOPMENT OF CORPORATE DEVELOPMENT COMMITTEE have
been participated throughout 2023.
The BOD in performing their responsibilities assisted by BOARD OF DIRECTORS SUPPORTING ORGAN
including the Corporate Secretary and Internal Audit.
CORPORATE SECRETARY based on the Decree of the Board of Directors No. SK.19.07.039/MM/DIR dated 10
July 2019, the Company has appointed the Company’s Compliance Director as the Corporate Secretary,
Name : Farida Helianti Sastrosatomo
Domicile : Jakarta
*Mrs. Farida Helianti Sastrosatomo’s profile can be seen in the Directors’ Profile section as she also serves as
Compliance Director.
As stated in OJK Regulation No. 35/POJK.04/2014, THE DUTIES AND RESPONSIBILITIES OF THE CORPORATE
SECRETARY includes:
a. Follow the development of the Capital Market, Timely submission of reports to the
especially the prevailing laws and regulations in Financial Services Authority;
the Capital Market; Organization and documentation of the
b. Provide input to the BOD and BOC of the General Meeting of Shareholders;
Company to comply with the provisions of laws Organization and documentation of
and regulations in the field of Capital Markets; meetings of the BOD and/or BOC; and
c. Assisting the BOD and the BOC in the Implementation of the Company orientation
implementation of corporate governance which program for the BOD and/or BOC.
includes:
Disclosure of information to the public, d. As a liaison between the Company and the
including the availability of information on shareholders of the Company, the Financial
the website of the Company; Services Authority, and other stakeholders.
In year 2023, IMPLEMENTATION OF DUTIES AND RESPONSIBILITIES OF THE CORPORATE SECRETARY
IN YEAR 2023 as follows:
1. Delivering information disclosure and reports to 3. Create Annual Reports and Sustainability Reports.
OJK, IDX, and the public, as well as the availability 4. Submit the registration of the stock split and
of information on the Company’s website. SUKUK shariah securities to OJK and IDX.
2. Organizing and documenting GMS, BOD and BOC
meetings.
In order to support the implementation of its duties and responsibilities, CORPORATE SECRETARY TRAINING
was taken to improve competence through trainings/seminars attended by the Corporate Secretary as follows:
1. Indonesian Stock Exchange Regulation Number I-E: concerning Obligation to submit Information (ICSA).
2. ASEAN Corporate Governance Scorecard (ACGS) (IDX).
3. Socialization of Carbon Trading through the Indonesian Carbon Exchange (IDX).
INTERNAL AUDIT is part of internal control, which broadly aims to assist the BOD in realizing its objectives by
examining the adequacy and implementation of internal control, risk management and corporate governance
processes.
For the internal audit function, the Company established the Corporate Internal Audit Division (DCIA) in
accordance with the Financial Services Authority Regulation No. 56/POJK.04/2015.
The Company has developed an INTERNAL AUDIT CHARTER as a guideline for the implementation of DCIA
work which was approved on 4 January 2021.
2023 ANNUAL & SUSTAINABILITY REPORT
117
Page 120
Under the Internal Audit Charter, DUTIES DAN RESPONSIBILITIES OF INTERNAL AUDIT (DCIA) includes:
1. Assist the BOC and the President Director in 4. Provide suggestions for improvement and
performing supervisory functions by providing objective information regarding activities reviewed
assurance and consultancy service. at all managerial levels, monitor, analyze, and
2. Prepare and implement the Annual Audit Plan. report the follow-up actions for improvement as
3. Provide sufficient assurance by objectively recommended.
evaluating the adequacy and effectiveness of the
corporate governance, risk management, and
internal control of the Company.
AUTHORITIES OF INTERNAL AUDIT (DCIA), includes:
1. The Head of DCIA shall determine the audit 3. The Head of DCIA may arrange a meeting with the
method and approach used under the internal BOC, BOD, and/or Audit Committee.
audit profession and standard. 4. Coordinate the activities of DCIA and those of the
2. DCIA has unlimited access to all relevant data, external auditors.
properties, and employee records in the Company 5. Participate in a strategic meeting without voting
and subsidiaries. rights for decision-making.
INTERNAL AUDIT PROFILE in year 2023, the Head of DCIA is Wahyu Aji Anindhiyo Wicaksono who was
appointed based on Board of Directors Decree No. 2762/SK/HC/SI/VIII/2022 dated 1 June 2022.
Name Wahyu Aji Anindhiyo Wicaksono
Education History Master of Science in Finance from University of Colorado, Denver in 2003.
Audit Certifications Held Not yet Certified
More than 15 years of experience working in the ports/logistics business. Prior to joining the
Company in 2017, he worked at PT Jakarta International Container Terminal, Hutchison Korea
Terminal, and PT Hutchison Ports Indonesia from 2005–2016. He was a member of the super-
Employment History visory board at Joint Operation (KSO) Terminal Peti Kemas Koja in 2015–2016. Before he was
appointed as the Head of Corporate Internal Audit, his last position was Director of PT Cumawis
and PT Samudera Mbiantu Sesami and also Deputy Division Head of Corporate Controller of the
Company.
INTERNAL AUDIT POSITION which
chaired by the Head of DCIA is
appointed and dismissed by the BOD
with the approval of the BOC. In the
organizational structure, DCIA is
responsible and reports directly to the
President Director, in consultation with
the Audit Committee.
118 PT SAMUDERA INDONESIA TBK
Page 121
PRESIDENT DIRECTOR AUDIT COMMITTEE
STRUKTUR ORGANISASI
NO. DCIA/R-05/04/21
DIVISION HEAD
INTERNAL AUDIT INTERNAL AUDIT INTERNAL AUDIT INTERNAL AUDIT
DEPARTMENT 1 DEPARTMENT 2 DEPARTMENT 3 DEPARTMENT 4
INTERNAL AUDIT QUALITY ASSURANCE
SPECIALIST SECTION
DEVELOPMENT
SECTION
At the end of financial year 2023, the number of DCIA personnel was 11 with the following composition:
No. Position Total
1. Corporate Internal Audit Division Head 1
2. Corporate Internal Audit Department Head 4
3. Quality Assurance Section Head 1
4. Development Section Head 1
5. Internal Auditor Specialist 4
Total 11
In order to increase the effectiveness of the audits conducted, the Company equips DCIA auditors with
INTERNAL AUDIT CERTIFICATIONS programs, both at the national and international levels. The audit
certifications held by DCIA employees in year 2023 are as follows:
Certification Total
Certified Forensic Auditor (CFrA) 1
Qualified Internal Auditor (QIA) 5
Throughout year 2023, IMPLEMENTATION OF INTERNAL AUDIT DUTIES IN YEAR 2023 as follows:
I. Preparation of Annual Budget Plan;
II. Preparation of the Corporate Internal Audit development program;
III. Performing audits on 14 (fourteen) Subsidiaries in Indonesia and outside of Indonesia.
All audit findings are presented with recommendations for improvement or follow-up, and reported regularly to
the Audit Committee and the BOD.
2023 ANNUAL & SUSTAINABILITY REPORT
119
Page 122
Based on the Internal Audit Charter, DCIA conducts INTERNAL AUDIT MEETING regular and incidental with the
BOD, BOC, and/or Audit Committee. Throughout 2023, the DCIA has conducted 24 meetings with the following
details:
Meeting Number of Meeting
Internal 16
Corporate Internal Audit with the Board of Directors 4
Corporate Internal Audit with Audit Committee 4
During year 2023, the Company enrolled its internal auditors into various INTERNAL AUDIT PERSONNEL
TRAINING to enhance competencies and insights in the field of auditing, with the result that 20 (twenty) trainings
needed to perform the duties.
In addition to education and training, DCIA also regularly holds sharing sessions, where each internal auditor is
required to share relevant knowledge with the rest of the team.
THE INTERNAL CONTROL SYSTEM (“ICS”) is an integrated process of actions and activities carried out
continuously by management and all employees to provide adequate assurance of the achievement of 3 main
objectives which include:
1. Operational Objective
2. Reporting Objective
3. Compliance Objective
The establishment and development of ICS is done with reference to the internationally recognized control
framework, namely the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
As an implementation of this ICS, the Company makes policies and their derivatives, and the Risk Register has
standard operating procedures (“SOP”) which are periodically adjusted to the Company’s operational and
business developments in OBSERVATION OF THE EFFECTIVENESS OF THE INTERNAL CONTROL SYSTEM
IN YEAR 2023.
Periodic supervision is carried out through DCIA to ensure compliance with regulatory SOPs and the internal
control system throughout 2023 has been running effectively and efficiently.
STATEMENT OF THE BOARD OF DIRECTORS AND/OR BOARD OF COMMISSIONERS ON THE ADEQUACY
OF THE INTERNAL CONTROL SYSTEM assess that the current ICS has met the minimum standards to ensure
effectiveness, efficiency, reliability, security, and regulatory compliance. However, there will always be room for
improvements.
Various changes that occurs, both internally and driven by external situations and conditions, require the Company
to always be ready and willing to make improvements to ensure the availability of a reliable ICS for the Company.
120 PT SAMUDERA INDONESIA TBK
Page 123
RISK MANAGEMENT of the Company is done by considering changes in the environment, and managed in a
systematic, structured, and comprehensive manner.
The Company’s RISK MANAGEMENT POLICY is stated in the Enterprise Risk Management (ERM) framework
which has been implemented since 2017.
Risk management is implemented in a coordinated manner by the Corporate Risk Management Division using
established risk management references, frameworks, policies, and procedures. Corporate Risk Management is
conducted by involving the BOD in evaluating key risks, and division/branch/subsidiary entity leaders in assessing
specific risks in each business unit.
Specific risks will be monitored regularly to ensure the adequacy and effectiveness of risk responses. BOC through
the Audit Committee also assists in reviewing the risk management process and its development.
COMPANY
STRATEGIC OBJECTIVES
Strategic objectives that have been
determined by management
MONITORING & RISK
REPORTING IDENTIFICATION
Monitoring, reporting • SHORT-TERM Determine the potential
and continuous RISK uncertainties that
improvement. • LONG-TERM occur and impact the
RISK achivement of txomparry
• PORTFOLIO goals.
RISK
RISK RISK
MANAGEMENT ASSESSMENT
Accepting, reducing, Evaluate the risk
sharing or avoiding identified and depicted in
identifield risk. the risk map
2023 ANNUAL & SUSTAINABILITY REPORT
121
Page 124
Based on the type of business, the Company has recognized the risk exposure that may arise from the business
activities, the following is the RISK PROFILES AND MITIGATION EFFORTS:
Type of Risk Explanation Mitigation Effort
The Company specially monitors market
The global and regional trend pressures in
developments, and national as well as regional
the fields of economy and politics.
politics.
Maintaining and developing business networks,
increasing cost efficiency, optimizing equipment
Decline in contribution from the main and utilization of networks across all business
business line. units, consolidating industries, diversifying the
Company’s revenue streams, and expanding
Strategic Risk
into new business lines.
Strengthening focus on sustainable commercial
and operational quality, and reinforcing the
organization through restructuring.
Primary market imbalance and changes in
market trends.
Making selective efforts on investment
proposals with consideration towards economic,
social, environmental, and compliance risks.
Consistently building and supporting accident-
free operations and optimizing workplace
safety programs, insurance for assets and
employees, and implementing policies related
to environmentally friendly business practices.
Accidents and pollution on ships and work
Operational Risk
equipment operated by the Company.
Implementing ISO certification in environmental,
occupational health and safety management.
Conduct the strict selection, appointment, and
evaluation process of suppliers.
Always updating Standard Operating
Legal Risk Non-compliance with laws and regulations. Procedures to comply with new laws and
regulations.
Non-compliance with company code of
Compliance Risk Requires all employees to sign integrity pacts.
conducts.
Conducting cyber security risk assessment and
Information Systems Cyber-attacks that can affect financial and
mitigating these risks with a focus on Business
and Technology Risk operational aspects.
Continuity Management.
Hedging against foreign currency loans.
Financial Risk Fluctuations in currency exchange rate.
Conducting convertion process on functional
currency valuation recording.
Developing strategic cooperation with other
Competition Risk Freight rate volatility. principals, increasing cost efficiency, and
expanding into new service areas.
122 PT SAMUDERA INDONESIA TBK
Page 125
The Company develop risk management that integrates ESG aspects.
RISK ASSESSMENT OF SUSTAINABLE BUSINESS IMPLEMENTATION as follows:
1. Environmental risk, includes analysis of environmental impact, measurement of environmental performance,
and waste management.
2. Social risk, includes analysis of the social impact of the Company, risk management regarding compliance and
workplace safety, and monitoring of partnership programs and social responsibility.
3. Governance risk, includes principles of good corporate governance, anti-corruption policies, avoidance of
conflicts of interest, and transparent and accountable governance.
4. Economic risk, includes providing employment opportunities, and collaborating with other business especially
SME, as well as fulfilling tax obligations and other applicable regulations.
During the year 2023, the Company did not have any problems or incidents of non-compliance related to the
implementation of sustainability practices.
No risk events occurred due to ineffective risk management mitigation during the year 2023. This shows that Risk
Management for Sustainability implementation has been running effectively.
EVALUATION OF THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEM with made a positive
contribution to the Company in the process of planning, decision-making, and implementation of Governance Risk
Compliance in the Company.
STATEMENT OF THE BOD AND/OR BOC OR AUDIT COMMITTEE ON THE ADEQUACY OF THE RISK
MANAGEMENT SYSTEM is considered adequate.
As part of the Company’s commitment to provide accountable, independent, and fair information and data to
Shareholders, regulators, and other stakeholders, the Company uses the services of a PUBLIC ACCOUNTANT
to conduct an examination or audit the Financial Statements in accordance with applicable Financial Accounting
Standards in Indonesia.
The BOC, with the authority granted by the GMS and with the recommendation of the Audit Committee, has
appointed Public Accounting Firm (PAF) Purwantono, Sungkoro & Surja, a member of Ernst & Young Global
Limited, as the KAP and Mr. Said Amru of the firm as the External Auditor, to audit the Company’s Consolidated
Financial Statements for the financial year ending 31 December 2023.
Financial Year PAF Auditor Audit Service
Purwantono, Sungkoro & Surja member Annual Consolidated
2023 Said Amru
of Ernst & Young Global Limited Financial Statements
Purwantono, Sungkoro & Surja member Annual Consolidated
2022 Said Amru
of Ernst & Young Global Limited Financial Statements
Purwantono, Sungkoro & Surja member Annual Consolidated
2021 Sinarta
of Ernst & Young Global Limited Financial Statements
Purwantono, Sungkoro & Surja member Annual Consolidated
2020 Sinarta
of Ernst & Young Global Limited Financial Statements
Purwantono, Sungkoro & Surja member Annual Consolidated
2019 Sinarta
of Ernst & Young Global Limited Financial Statements
Muhammad Annual Consolidated
2018 Satrio Bing Eny & Partners
Irfan Financial Statements
Other than audit services, there are no non-audit services provided by PAF appointed by the Company.
The professional fee for the 31 December 2023 audit services will be IDR4,2 million exclusive of Value Added
Taxes (VAT).
2023 ANNUAL & SUSTAINABILITY REPORT
123
Page 126
As of the issuance date of this report, IMPORTANT CASE IN 2023 occur in one of the subsidiaries of the Company (namely PT Pelabuhan Samudera Palaran) is in a legal dispute with Koperasi Tenaga Kerja Bongkar Muat Samudera Sejahtera (“TKBM Komura”) in which, the said case currently is in the cassation process at the Supreme Court of the Republic of Indonesia regarding the lawsuit submitted by TKBM Komura on the stevedoring container fee. The fee was based on the Minutes of Agreement on TKBM Wage Determination at PT Pelabuhan Samudera Palaran which was agreed on 28 July 2017. The dispute does not have an impact to the Company’s business operation. Throughout year 2023, the Company, members of the BOC and BOD did not face any ADMINISTRATIVE SANCTIONS from capital market authorities or other authorities that could potentially have a material impact on the Company. One of the commitments to implementing Governance is the development of a CODE OF ETHICS AND COMPANY’S BUSINESS CONDUCTS (“Code Of Ethics”). COMPOSITIONS OF THE CODE OF ETHICS consists of 20 (twenty) articles that define the ethical standards and business conduct for performing duties in the Company in good faith, full of responsibility, and prudence. The Code of Ethics also contains policies to avoid conflicts of interest. ENFORCEABILITY THE CODE OF ETHICS applies to members of the BOD and BOC, employees including permanent and contract, supporting organs in the Company and legal entities whether established directly or indirectly by the Company or through joint capital agreements with third parties, both at home and abroad, including in this case are Cooperatives, Pension Funds, Foundations, and other entities, and are under the control of the Company (“Subsidiaries”). SOCIALIZATION OF THE CODE OF ETHICS, including the Anti-Corruption Policy, Anti-Monopoly Policy and Unfair Business Competition, as well as whistleblowing channels is carried out via email from Corporate Digital, face to face socialization through online and offline, and through orientation programs for new employees. After participating in the socialization, all participants are required to sign an Integrity Pact. Throughout 2023 there are no violations of the Code of Ethics in the Company. SANCTIONS FOR VIOLATIONS OF CODE OF ETHICS will be applied in accordance with the applicable rules in the Company Regulations. Throughout year 2023, there were no conflicts of interest between the Company’s BOC and BOD. This is stated in the statement letter that the Company’s BOC and BOD have acted independently throughout year 2023. The Company does not have a specific policy as LONG-TERM COMPENSATION POLICY regarding to management stock ownership program (MSOP) and employee stock ownership program (ESOP). SHARE OWNERSHIP DISCLOSURE POLICY is implemented whenever there is a change in the share ownership of the BOC and BOD, they are required to report to the Company and submit disclosure of information regarding changes in share ownership following OJK regulations. 124 PT SAMUDERA INDONESIA TBK
Page 127
The Company’s commitment to anti-bribery is stated in the ANTI-CORRUPTION POLICY which is made with
reference to applicable regulations. Moreover, the Company has also received certification 37001:2016 for the
Anti-Bribery Management System.
The company has identified operational parts that have the potential for corruption. If this potential exists,
Standard Operational Procedures (SOP) and internal supervision will be tightened.
The anti-corruption socialization efforts are also made through training and regular communication to ensure
that all employees and marketers understand their responsibilities for running a business that is healthy and free
from acts of corruption, gratification, and fraud. Apart from that, the Company also requires all suppliers and work
partners to sign the Integrity Pact.
One of the methods implemented by the Company to prevent violations of the Code of Ethics and other internal
company policies is to implement a WHISTLEBLOWING SYSTEM (WBS).
The Whistleblowing System is also a mechanism for stakeholders to communicate critical issues. Critical issues
included in the WBS are continuously discussed at the highest governance body level. BOD and BOC also
periodically discuss critical issues of concern to stakeholders. This includes social and environmental issues that
arise from operational activities. Critical issues are discussed in meetings of the BOD and BOC, as well as joint
meetings of the two organs, to ensure that they are handled strategically and responsibly.
Mechanism for submission of alleged violation reports, investigation, and whistleblower protection
in the Company is outlined in the Whistleblowing Policy, and using the following channels:
Email : kode.etik@samudera.id
Phone : 081515540000
Mail : Addressed toSamudera Indonesia Compliance Committee
Samudera Indonesia 8th Floor
Jl. Letjen. S. Parman Kav. 35 Jakarta 11480, Indonesia
With the following reporting mechanism:
Reporting can be done anonymously, but must attach supporting documents to the report.
The reporter provides information about the incident along with proof(s).
The reporter informs whether he/she is willing to be contacted for confirmation and follow-up
reporting purposes.
TOTAL COMPLAINTS IN 2023 there are 12 (twelve) verified reports on the WBS, however none of the reports are
connected to the Company, they are all incidents at Subsidiaries.
Based on the results of the follow-up to the 12 (twelve) reports, 8 (eight) reports were declared proven and 4 (four)
reports were declared not proven. The number of personnel who received sanctions for reports that were declared
proven was 7 (seven) personnels.
2023 ANNUAL & SUSTAINABILITY REPORT
125
Page 128
IMPLEMENTATION OF PUBLIC COMPANY GOVERNANCE in the Company has referred to the Guidelines for
Public Company Governance regulated under POJK 21/2015 which is elaborated in SE OJK 31/2015 which contains
5 aspects, 8 principles and 25 recommendations for the implementation of good corporate governance principles
in public companies with the following description:
Explanation of Application
No Principle Recommendation Description
in Samudera Indonesia
Aspect 1: Relationship between Public Listed Company and Shareholders in Securing the rights of Shareholders
1. Public Listed Companies
have a method or technical The Company has a decision-
procedure for collecting making procedure that is stated
votes (voting) both openly in the Rules of Procedure √
and privately that prioritizes for the Company’s General
independence, and the Meeting of Shareholders.
interests of shareholders.
Principle 1
Increase the Value of 2. All members of the BOD
Information on the attendance
the GMS and members of the BOC of
of the BOD and BOC at the √
the Public Listed Company
GMS is available on page 104.
attended the ANNUAL GMS
3. Summary of GMS minutes is The summary of the GMS
1 available on the Public Listed minutes is always uploaded
√
Company’s Website for at and available on the samudera.
least 1 (one) year. id website.
1. The Public Listed Company The company is still in the
has a communication process of establishing
Principle 2 With explanation
policy with shareholders or communication policies with
Improving the investors. external parties.
Quality of Public
Listed Company’s
Communication
with Shareholders or 2. A Public Listed Company The company is still in the
Investors discloses its communication process of establishing
With explanation
policy with shareholders or communication policies with
investors on its Website. external parties.
Aspect 2: Function and Role of the BOC
1. Determination of the number The current number of the
of members of the BOC BOC is 7, taking into account
√
considers the condition of the scope of business lines and
Principle 3 the Public Listed Company. the number of subsidiaries.
Strengthening the
2 Membership and
Composition of the 2. Determination of the
The Company pays attention
BOC composition of the BOC
to diversity in selecting and
takes into account the
appointing members of the √
diversity of expertise,
BOC, as reflected in the BOC
knowledge, and experience
profiles available on page 108.
required.
126 PT SAMUDERA INDONESIA TBK
Page 129
Explanation of Application
No Principle Recommendation Description
in Samudera Indonesia
Self-assessment of the
performance of the members
1. The BOC has a self- of the BOC as a collegial body
assessment policy to assess has been conducted annually √
the performance of the BOC. based on criteria prepared
by the Nomination and
Remuneration Committee.
2. Self-assessment policy to
assess the performance of An explanation of the self-
Principle 4 the BOC, disclosed in the assessment policy for the BOC √
Improving the Annual Report of the Public is disclosed on page 110.
Quality of the Listed Company.
2 Implementation
of Duties and 3. The BOC has a policy The policy for handling
Responsibilities of regarding the resignation members of the BOC when
the BOC of members of the BOC if involved in financial crimes is √
they are involved in financial contained in the BOC Charter
crimes. and Code of Ethics.
4. The BOC or the
Committee that carries
The Nomination and
out the Nomination and
Remuneration Committee has
Remuneration function √
developed a succession policy,
develops a succession policy
which is available on page 115.
in the process of nominating
members of the BOD.
Aspect 3: Function and Role of the Board of Directors
1. Determination of the number The current number of BOD
of members of the BOD members is 4 and is considered
considers the condition of adequate in accordance with
√
the Public Listed Company the conditions of the company
as well as the effectiveness in and the purpose of decision-
decision making. making effectiveness.
Principle 5 2. Determination of the The Company pays attention
Strengthen the composition of the BOD to diversity in selecting and
Membership and members has considered appointing members of the
√
Composition of the the diversity of expertise, BOD, reflected in the BOD
BOD knowledge, and experience profiles available on page
required. 64-65.
3
The Company’s Finance
3. Members of the BOD in
Director has expertise and
charge of accounting or
knowledge in accounting, as √
finance have expertise and/or
shown in his profile on page
knowledge in accounting.
65.
Principle 6
Improving the
The self-assessment policy for
Quality of the 1. The BOD has a self-
the performance of the BOD is
Implementation assessment policy to assess √
set out in the BOD Charter and
of the Duties and the performance of the BOD.
Code of Conduct.
Responsibilities of
the BOD.
2023 ANNUAL & SUSTAINABILITY REPORT
127
Page 130
Explanation of Application
No Principle Recommendation Description
in Samudera Indonesia
2. Self-assessment policy to
assess the performance of An explanation of the self-
the BOD is disclosed in the assessment policy for the BOD √
Principle 6 annual report of the Public is disclosed on page 111.
Improving the Listed Company.
Quality of the
3 Implementation
of the Duties and
3. The BOD has a policy The policy of handling
Responsibilities of
regarding the resignation members of the BOD if they
the BOD
of members of the BOD if are involved in financial crimes √
they are involved in financial is regulated in the BOD
crimes. Guidelines and Code of Ethics.
Aspect 4: Stakeholder Participation
The Company has a policy
1. Public Listed Companies on insider trading which is
have policies to prevent contained in the Company’s √
insider trading. Code of Ethics and Code of
Conduct.
The Company has an anti-
corruption and anti-fraud
2. Public Listed Companies
policy, and is in the process of
have anti-corruption and anti- √
obtaining ISO 37001 Anti-
fraud policies.
Bribery Management System
certification.
The company has corporate
3. The Public Listed Company
policies and regulations
Principle 7 has a policy on the selection
for procurement including √
Improving Corporate and upgrading of suppliers/
selection and upgrading of
4 Governance Aspects vendors.
suppliers or counterparties.
through Stakeholder
Participation
4. Public Listed Companies The Company regulates the
have policies on the fulfillment of creditors’ rights in √
fulfillment of creditors’ rights. each loan agreement.
The Company has
5. The Public Listed Company
implemented a whistleblowing
has a whistleblowing system √
system, as reviewed on page
policy.
125.
6. The Public Listed Company
has a policy of providing The company has no such
With explanation
long-term incentives to the program.
BOD and employees.
128 PT SAMUDERA INDONESIA TBK
Page 131
Explanation of Application
No Principle Recommendation Description
in Samudera Indonesia
Aspect 5 : Information Disclosure
1. The Public Listed Company The company uses various
utilizes the widespread use social media platforms as
of information technology information channels for the
√
in addition to the Website public, including: twitter,
as a medium for information instagram, facebook and
disclosure. linkedin.
Principle 8 2. The Annual Report of a
Improve the Public Listed Company
5 Implementation discloses the ultimate
of Information beneficial owner in the
Disclosure. shareholding of the Public
Information on shareholdings
Listed Company of at least
of at least 5%, and major and
5% (five percent), in addition √
controlling shareholdings have
to the disclosure of the
been disclosed on page 52.
ultimate beneficial owner
in the shareholding of the
Public Listed Company
through the main and
controlling shareholders.
2023 ANNUAL & SUSTAINABILITY REPORT
129
Page 132
130 PT SAMUDERA INDONESIA TBK
Page 133
Sustainability
Report
2023 ANNUAL & SUSTAINABILITY REPORT
131
Page 134
REPORTING SCOPE The Company prepares Sustainability Report by referring to the standards applicable in Indonesia, namely SEOJK Number 16/SEOJK.04/2021 and GRI Standards. The Company has verified and validated the information and data presented. This Sustainability Report included 35 Subsidiaries. 132 PT SAMUDERA INDONESIA TBK
Page 135
SAMUDERA INDONESIA’S SUSTAINABILITY STRATEGY is to transform challenges into opportunities
by integrating sustainability values into every aspect of its business. This strategy aligns with the corporate
governance principles applied by management and employees as part of the Company’s culture.
The Company also consistently aligns its efforts in implementing sustainability strategies with the Sustainable
Development Goals (SDGs). Out of the 17 goals covered by the SDGs, the Company actively participates in 16
relevant goals. The integration of sustainability values into every business line of the Company is a commitment to
the environment and social well-being and at the same time aligns with efforts to achieve the SDGs as the primary
guide in contributing to the sustainable development.
The following are the sustainability strategies implemented by the Company.
2023 ANNUAL & SUSTAINABILITY REPORT
133
Page 136
Samudera Indonesia Sustainability Strategy
ESG Pillar Environmental
COMMITMENT CLIMATE CHANGE MINIMIZING THE ENVIRONMENTAL
ENVIRONMENTAL SUSTAINABILITY
FOOTPRINT
Contributing to Climate Change Reducing Carbon Footprint Maintaining Environmental
Sustainability
Reducing carbon footprint Water and Waste Management Reforestation and Biodiversity
and preventing pollution from
vessels
INITIATION • Use of environmentally • Energy use of water • Planting mangrove trees
friendly fuel energy in
accordance with regulations • Implement the Ballast Water • Reduces underwater noise to
from the International Management Convention maintain biodiversity
Maritime Organization (IMO) by installing ballast water
treatment systems that • Prevent the spread of invasive
• Implementation of the prevent the spread of invasive species
Ship Energy Efficiency species
Management Plan (SEEMP) • Reducing pollution to protect
• Arrangements for the marine habitats
• Optimization of shipping disposal of waste from ships
routes • Avoid shipping routes that
pass through areas with high
• Use of renewable energy biodiversity or protected areas
sources such as alternative
fuels, namely LNG (Liquified
Natural Gas), biofuel,
hydrogen fuel cells, or solar
panels
• Energy saving program
• Addition of electric vehicles
• The company is processing
the Green Port at Pelabuhan
Samudera Palaran
134 PT SAMUDERA INDONESIA TBK
Page 137
Social Governance
COMFORTABLE AND SAFE WORKING ENVIRONMENT COMMUNITY RESPONSIBLE BUSINESS GROWTH
EMPOWERMENT
Providing a Safe and Comfortable Work Environment for Contributing Ensuring Performance Growth Based on
Employees to Community Responsible Business Practices
Empowerment
Ensuring Guaranteeing Creating an Conducting Performance Growth Reinforcing
Occupational Employee Inclusive Work Community and Business Governance
Health and Safety Well-being Environment that Empowerment Resilience Implementation
Fulfills Employees’ Activities
Human Rights
• Ensure the safety • Increase • Provide Implementing a CSR • The program adds • Compliance with
and security of employee professional program that focuses new ships, with regulations
the ship and productivity training for on 7 main pillars as environmentally
crew workers follows: friendly ships • Complete policies
• Provide good and Standard
• Regular remuneration • Ensure the 1. Economy and • Acceleration of Operating
maintenance and and comply with fulfillment of Society potential growth for Procedures (SOP)
periodically of regulations employee human logistics and services that support the
the ship rights 2. Religious business lines implementation of
good corporate
• Training related • Anti- 3. Education • Port development governance
to OHS and discrimination, projects
employee equality and 4. Health and Sports • Complete the
communication diversity • Inorganic Growth organizational
and participation 5. Humanity and through joint structure by
• Compliance with Natural Disasters ventures, investments establishing an ESG
• Promotion of labor regulations and acquisitions Division
occupational 6. Environmental
health Conservation • Penetration into new
routes
7. Repair and
Development of
Public Facilities
2023 ANNUAL & SUSTAINABILITY REPORT
135
Page 138
Samudera Indonesia Sustainability Strategy
ESG Pillar Environmental
1. No Poverty
2. Zero Hunger
3. Good Health and Well-Being
4. Quality Education
5. Gender Equality
6. Clean Water and Sanitation
7. Affordable and Clean Energy
8. Decent Work and Economic Growth
9. Industry, Innovation and Infrastructure
10. Reduced Inequalities
11. Sustainable Cities and Communities
12. Responsible Consumption and Production
13. Climate Action
14. Life below Water
15. Life on Land
16. Peace, Justice and Strong Institutions
17. Partnership for the Goals
136 PT SAMUDERA INDONESIA TBK
Page 139
Social Governance
2023 ANNUAL & SUSTAINABILITY REPORT
137
Page 140
SUSTAINABILITY GOVERNANCE
The Company has a sustainability governance framework to ensure the implementation of sustainability strategies,
policies, and practices in line with the targets. The responsibility for sustainability lies with the Board of Directors
while the decision and implementation of sustainability governance is coordinated by the Compliance Director
to be coordinated with relevant division and can be delegated to ESG Division and other relevant divisions to
conduct the stated sustainability initiatives.
STAKEHOLDER ENGAGEMENT
The Company also engage Stakeholders, as relevant, in the planning, implementation, monitoring, and evaluation
processes of sustainability practices to ensure a positive impact on Stakeholders. Identified Stakeholders interest
and the types of forums includes:
Stakeholders
Stakeholders Metode Pelibatan
General Meeting of Shareholders, Public Presentations, Annual Reports and
Shareholders Sustainability Reports, face-to-face communications, website as well as other
social medias.
Customers Customer gatherings, customer satisfaction surveys.
Training, email, employee and management meeting notifications, induction
Employees
programs, employee satisfaction surveys, town hall meetings, Company events.
Periodic and incidental reports, necessary information, request for approval as per
Government and Policymakers
regulations, in addition to meetings with policymakers.
Business Partners and Suppliers Business partner meetings, work contracts, operational coordination.
Community, Local Community Community feedback channels, CSR activities.
Associations Membership, meetings, industry gatherings.
CHALLENGES ON SUSTAINABILITY ACHIEVEMENTS IN THE SUSTAINABLE ECONOMIC
IMPLEMENTATION in the Company is PERFORMANCE On a national level, the shipping industry shows
how management can successfully doing positive prospects supported by Indonesia’s conducive economic
the investments which have promising conditions. Additionally, expansion efforts present a significant
prospects as well as align with ESG opportunity to enhance the Company’s economic performance
principles. in line with the increasing demand for transportation services for
various commodities.
ECONOMIC CONTRIBUTION FOR STAKEHOLDERS Throughout year 2023, the Company recorded a relatively
decreased financial performance compared to year 2022 due to a decline in freight rates. The Company
experienced a 32,9% decrease in service revenue in 2023 compared to the previous year 2022, generating
USD772,4 million, down from USD1.151 million in 2022. However, the Company successfully reduced the Cost of
Goods Sold by 18,3% from USD756.9 million in 2022 to USD618.6 million in 2023.
Furthermore, the Company made several investments that supports sustainability implementation, such as new
shipbuilding with the newest technology and port, which both are more environmental friendly.
The Company recorded a direct economic value generated in 2023 amounting to USD809.4 million, decreasing by
30% compared to the previous year. In 2023, the total Economic Value Distributed by the Company amounted to
USD774.5 million, experiencing a 11.9% decrease compared to the previous year.
138 PT SAMUDERA INDONESIA TBK
Page 141
From the distributed economic value, the distribution to employees in the form of salaries, bonuses, and benefits
increased by USD3.6 million, representing a 4.4% increase compared to the previous period at USD82.0 million.
The contribution to Fund Providers, both creditors and shareholders, experienced an increase of 67.4% in year
2023 compared to year 2022. Additionally, the Company’s distribution to the government through tax payments
increased by 56.4%. Throughout year 2023, the Company distributed USD1.3 million to the community through
CSR activities, showing a 1% increase compared to the previous period.
For a comprehensive understanding of the Company’s financial performance, please refer to the Analysis and
Management Discussion section in this report.
Economic Value (Million Dollar)
Description Unit
2023 2022 2021
DIRECT ECONOMIC VALUE GENERATED
Service Income USD 772,4 1.151,0 672,9
Interest Income USD 14,0 3,2 0,7
Net Gain on Exchange Difference USD 4,1 0,5 1,8
Decrease in Value and Gain on Sale of Fixed Assets USD 0,5 0,4 1,8
Share of Profit of Associated Entities and Joint Ventures USD 6,1 2,5 2,4
Other Net Gains/Losses USD 12,3 (1,7) 1,5
Total Direct Economic Value Received USD 809,4 1.155,9 681,2
ECONOMIC VALUE DISTRIBUTED
Service Costs (Excluding Salary, Bonus, and Allowances) USD 568,3 711,6 449,6
General and Administrative Expenses
USD 13,3 15,2 11,2
(Excluding Salary, Bonus, and Allowances, CSR Expenses)
Other Expenses USD - - -
Distribution to Workers
Salaries, Bonuses, and Allowances (Part of Labor Costs) USD 50,4 45,3 33,4
Salaries, Bonuses, and Allowances
USD 35,2 36,7 33,6
(Part of General and Administrative Expenses)
Distribution to Investors
Financial Expense (to Creditors) USD 22,4 13,3 10,3
Dividend (to shareholders) USD 37,0 22,1 2,3
Dividend (Subsidiaries - Non-Controlling Interests) USD 38,1 27,9 2,3
Distribution to Governments
Final Tax Expense USD 8,6 5,5 3,3
Distribution to Community
CSR Expense USD* 1,3 1,3 0,5
TOTAL ECONOMIC VALUE DISTRIBUTED USD 774,5 878,8 546,6
TOTAL ECONOMIC VALUE RETAINED USD 34,9 277,1 134,6
*The CSR costs have been converted according to the exchange rate in the Consolidated Financial Statements (audited)
as 31 December 31 2023
2023 ANNUAL & SUSTAINABILITY REPORT
139
Page 142
INDIRECT ECONOMIC IMPACT CONTRIBUTION TO LOCAL SUPPLIERS
The operations of the Company in the maritime The Company contributes benefits to local suppliers
services sector indirectly impact the environment and by prioritizing domestic suppliers. In year 2023, the
society. Therefore, the Company is actively involved number of suppliers are 5,077, with the percentage of
in assisting the local community in developing local suppliers being 89.92% of the total suppliers.
infrastructure in areas such as religion, health, and
education. Through these contributions, the Company
aims to enhance the well-being of the community.
NAVIGATING THE OCEANS WITH ENVIRONMENTAL INSIGHT
The Company has formulated a policy supported by integrated environmental management programs, which is
reflected in the achievement of ISO 14001 certification for Environmental Management Systems.
ENERGY CONSUMPTION AND ENERGY emissions. The Company has also initiated the use
EFFICIENCY PROGRAMS of energy-efficient LED lights, implemented solar
One of the Company’s key strategies is the use panels and solar-powered streetlights, utilized eco
of environmentally friendly fuel, specifically low diesel as a fuel-saving measure, and introduced
sulfur fuel in compliance with regulations from the electric motorcycles as an environmentally friendly
International Maritime Organization (IMO) and transportation alternative.
the implementation of the Ship Energy Efficiency
Management Plan (SEEMP) to reduce and improve The Company has newly documented energy
fuel efficiency. consumption within the organization, including
renewable energy from the use of B30 solar diesel and
IMO mandates the use of low sulfur fuel with a sulfur non-renewable energy from the use of fossil fuels and
content equal or below 0.5% worldwide, except in electricity. Energy consumption outside the Company
Emission Control Areas (ECA). The Company has has not been documented.
complied with IMO regulations by using very low
sulfur fuel with a sulfur content of 0.1% in some ECAs, In the year 2023, the Company consumed energy
better than IMO mandates. totalling 7.888.520 GJ, increase from the previous
year, due to an increase of the operational
Additionally, as part of energy efficiency efforts, the activities and the addition of the number of vessels
Company optimizes shipping routes. These measures in operation. Although the Company’s energy
not only help reduce overall energy consumption but consumption in 2023 increased compared to the
also create a positive impact on energy intensity per previous year, the energy intensity used was 149,282
unit of activity. GJ/unit, down from the previous year’s 150,987 GJ/
unit. In addition, in year 2023, the Company expand
In line with the commitment to efficiency, the the scope of reporting data, not only covering owned
Company continues to explore the use of renewable vessels but also operated chartered vessels.
energy. The use of B30 solar diesel at Samudera
Ports to operate mechanical equipment, such as
container cranes, demonstrates efforts to generate
relatively cleaner emissions, thereby reducing carbon
140 PT SAMUDERA INDONESIA TBK
Page 143
ENERGY CONSUMPTION IN THE COMPANY AND ENERGY INTENSITY
Year
Types of Energy Unit
2023 2022 2021
Owned Vessels Unit 20 13 12
Chartered Vessels Unit 33 33 -*)
Total Vessels Unit 53 46 12
Total Energy Consumption GJ 7.911.926 6.945.381 1.109.285
Profit Before Tax Thousand USD 118.552 332.452 142.386
Energy Intensity** GJ/unit 149.282 150.987 92.441
*) In year 2021, reporting did not include data on operated chartered vessels
**) Different calculation method from reporting in 2022
Note:
Conversion factors into Gigajoules
• Biodiesel (B30): 1,000 liters = 42.73 GJ Biodiesel B30 is a fuel blend consisting of 30% biodiesel (renewable source) and 70%
diesel (non-renewable source)
• Solar : 1.000 liter = 43,04 GJ
• Electricity : 1 kWh = 0,0036 GJ
Source of Conversion Factors:
• Intergovernmental Panel on Climate Change (IPCC)
• Department for Environment, Food and Rural Affairs (DEFRA) of the UK (Greenhouse gas reporting: conversion factors 2023),
https://www.gov.uk/government/publications/greenhouse-gas-reporting-conversion-factors-2023
• Greenhouse Gas Emission Factors for the Electricity Sector by the Ministry of Energy and Mineral Resources of Indonesia
https://gatrik.esdm.go.id/frontend/download_index/?kode_category=emisi_pl
EMISSIONS AND EMISSION CONTROL EFFORTS B30 solar diesel at Samudera Ports, is not only a step
Throughout the year 2023, the Company’s operations toward reducing reliance on fossil fuels but also plays
generated Scope 1 emissions from the use of fuel a role in reducing the Company’s carbon footprint.
for ships and vehicles, and Scope 2 emissions from
electricity consumption. The Company has not
documented the quantity of Scope 3 emissions. Furthermore, the use of low sulfur fuel for ships, can
Compared to the previous year, the greenhouse gas significantly benefit air quality, minimizing carbon
(GHG) emission intensity for this year has decreased footprint, and enhancing the sustainability of shipping
from 11,596 ton CO2eq/unit to 11,512 ton CO2eq/unit. operations. Overall, the integration of energy
efficiency strategies and emission control creates
The Company implements emission control efforts in a holistic approach for the company in mitigating
line with energy efficiency initiatives. Energy efficiency environmental impacts.
measures, such as optimizing shipping routes, using
energy-efficient lighting, solar panels, and eco
diesel, not only reduce energy consumption but also
contribute to greenhouse gas emission reduction.
Meanwhile, the use of renewable energy, such as
2023 ANNUAL & SUSTAINABILITY REPORT
141
Page 144
Year
Emission Type Unit
2023 2022 2021
Owned Vessels Unit 20 13 12
Chartered Vessels Unit 33 33 -*)
Total Vessels Unit 53 46 12
Scope 1 Emissions ton CO2eq 594.325 520.687 81.062
Scope 2 Emissions ton CO2eq 15.825 12.740 11.714
Total Scope 1 and 2 Emission ton CO2eq 610.150 533.428 92.776
Emission Intensity** ton CO2eq/unit 11.512 11.596 7.731
*) Tahun 2021, pelaporan tidak memasukkan data kapal sewa yang dioperasikan
**) Metode perhitungan yang berbeda dari pelaporan tahun 2022 dan 2021
Note :
Conversion factor in ton CO2eq
Scope 1: Scope 2:
Fuel for vehicles/mechanical equipment Electricity consumption
1 ton liter of B30 biodiesel (average biofuel blend) = 2.51 tons CO2eq
1 ton liter of diesel (100% mineral diesel) = 2.66 tons CO2eq
1 kWh of Jamali electricity = 0.00087 tons CO2eq
Source of Conversion Factors:
• Intergovernmental Panel on Climate Change (IPCC)
• Department for Environment, Food and Rural Affairs (DEFRA) of the UK (Greenhouse gas reporting: conversion factors 2023),
https://www.gov.uk/government/publications/greenhouse-gas-reporting-conversion-factors-2023
• Greenhouse Gas Emission Factors for the Electricity Sector by the Ministry of Energy and Mineral Resources of Indonesia (GRK Sistem
Ketenagalistrikan),
https://gatrik.esdm.go.id/frontend/download_index/?kode_category=emisi_pl
WATER USAGE The Company experienced an The Company has also taken proactive steps by
increase in water use in year 2023 from the previous implementing Ballast Water Management or Ballast
111,547,717 m3 to 138,930,428 m3. Despite the Water Treatment System (BWTS) in accordance with
Company utilizing water from various sources such as the IMO convention established on 8 September 2017.
groundwater, seawater, and third parties to support its
operations both on land and at sea, the commitment The installation of BWTS as ballast water management
to water usage efficiency remains a primary focus. The is done progressively on the Company’s vessels.
Company’s use of groundwater does not originate The Company aims to complete the installation of
from water-stressed areas, which are regions relatively BWTS on all ships by September 2024, in line with
lacking in water supply. the update date of the International Oil Pollution
Prevention (IOPP) survey.
142 PT SAMUDERA INDONESIA TBK
Page 145
Total Water Withdrawal, Discharge, and Consumption
Year
Type of Water Unit
2023 2022 2021
WATER WITHDRAWAL
Amount of Water Withdrawal from Ground m3 8.135.692 4.540.785 154.385
Amount of Water Withdrawal from Surface m3 0 0 0
Amount of Water Withdrawal from Sea m3 81.462.815 81.403.705 72.120.385
Amount of Water from Third Parties m3 49.331.921 25.603.227 22.432.967
Total Water Withdrawal m3 138.930.428 111.547.717 94.707.737
WATER DISCHARGE
Amount of Water Discharge to Ground m3 2.520 2.930 2.810
Amount of Water Discharge to Surface m3 18.301.000 0 0
Amount of Water Discharge to Sea m3 81.462.815 81.403.705 72.117.605
Amount of Water Discharge to Third Parties m3 6.422.043 7.144.251 6.694.143
Total Water Discharge m3 106.188.377 88.550.886 78.814.557
WATER CONSUMPTION
Total Water Consumption m3 32.742.051 22.996.831 15.893.179
CONSERVATION OF MARINE BIODIVERSITY usage efficiency but also actively contributes to the
The Company conducts its operations in areas that preservation of marine biodiversity and guard the
do not intersect with regions of high biodiversity overall balance of marine ecosystems.
value, thereby having no direct or indirect impact on
biodiversity. Several strategic efforts undertaken by As part of reforestation initiatives, the Company also
the Company includes: actively engages in mangrove planting. The effective
preservation of mangrove plants can absorb carbon
1. Reduce underwater noise to safeguard dioxide and produce oxygen, enhancing air quality
biodiversity. along the coastal areas. On average, mangrove forests
2. Prevent of the spread of invasive species. in Indonesia can absorb 52.85 tons of carbon dioxide
3. Pollution reduction to protect marine habitats. per hectare per year. Mangrove trees also have roots
4. Avoid shipping routes passing through areas with that can prevent coastal erosion and serve as a habitat
high biodiversity or protected areas. for marine life. In year 2023, the Company planted
mangrove and protecting coral reef as stated below.
Biodiversity conservation efforts are also conducted
through the management of ballast water or Ballast
Water Treatment System (BWTS), as previously
described in the ‘Water Usage’ section. Through
these efforts, the Company ensures not only water
2023 ANNUAL & SUSTAINABILITY REPORT
143
Page 146
MANAGEMENT OF HAZARDOUS AND NON- The Company’s efforts to reduce waste generation
HAZARDOUS WASTE and manage waste are in collaboration with specially
The Company practices waste management following certified companies. Hazardous waste (B3) generated
the principles of the 4 R’s: reduce, reuse, recycle, and by the vessels is temporarily stored at a Temporary
recover. These efforts are implemented across various Storage Facility (TPS) in the port, equipped with waste
locations, from offices to ships. In office locations, reception facilities. The waste management process,
the focus on waste reduction is reflected in reducing from recording, storage, transfer, to final disposal, is
paper usage through the concept of ‘reuse,’ meaning done in accordance with established procedures. The
the reuse of used paper. It is proven effective in Company implements waste disposal arrangements
reducing paper consumption from ships, ensuring its waste management
procedures align with regulations and rules, including
the International Convention for the Prevention of
Pollution from Ships (MARPOL) IMO Annex I, II, and V.
In year 2023, the amount of hazardous waste (B3) generated has reached 541 tons, while non-hazardous waste
amounted to 1,345 tons. Additionally, the Company notes there were no significant waste spills, and no violations
of waste processing and disposal procedures were recorded. These measures reflect the Company’s commitment
to responsible and sustainable waste management practices.
Year
Waste Composition Unit
2023 2022 2021
GENERATED WASTE
Hazardous and Toxic Material Waste ton/ons 541 656 450
Non-Hazardous and Non-Toxic Material Waste ton/ons 1.345 678 2.059
Total Generated Waste ton/ons 1.887 1.333 2.508
WASTE DIVERTED FROM FINAL DISPOSAL
Hazardous and Toxic Material Waste ton/ons 294 444 362
Non-Hazardous and Non-Toxic Material Waste ton/ons 1.135 542 1.006
Total Waste Diverted to Final Disposal ton/ons 1.429 985 1.368
WASTE SENT TO FINAL DISPOSAL
Hazardous and Toxic Material Waste ton/ons 66 94 985
Non-Hazardous and Non-Toxic Material Waste ton/ons 1.113 502 514
Total Waste Sent to Final Disposal ton/ons 1.179 596 1.499
144 PT SAMUDERA INDONESIA TBK
Page 147
2023 ANNUAL & SUSTAINABILITY REPORT
145
Page 148
POSITIVE ATMOSPHERE IN THE WORK positive atmosphere. When employees feel valued,
ENVIRONMENT they are more likely to be motivated to contribute
A positive work environment is a crucial factor in their best. Therefore, companies need to actively
enhancing employee motivation and achieving invest in developing a corporate culture that supports
Company targets. A Company capable of creating employee well-being and provides the necessary
a comfortable, inclusive, and supportive work support to effectively achieve company targets.
atmosphere tends to have more enthusiastic and
dedicated employees. Diversity and collaboration In the development of Human Capital (HC), the
in the workplace can enrich the experience of each Company has formulated a roadmap aiming for
individual, increase a sense of ownership of shared Samudera Indonesia to become the top-of-mind
goals, and build a cohesive team. Furthermore, employer by 2025. The roadmap for HC development
providing recognition and acknowledgment to in Samudera Indonesia as follows:
high-performing employees is also key to creating a
2023 2024 2025
OBJECTIVE
INTEGRATED AND EMPLOYEE EXPERIENCE TOP OF MIND
AGILE HCM EXCELLENCE EMPLOYER
FLAGSHIP • Established HCMS • 360-degree assessment. • Employer Value Proposition
PROGRAMS implementation • Employees voices & Branding definition
• Management management • Corporate culture
Development Program • Talent pool management deepening
• Succession Plan Guidelines • People analytics (chapter-1) • Employee wellness
• Samudera Leaders Camp • Comprehensive learning dashboard and
• Learning strategic experience (LX) measurement
alignment • People analytics (chapter-2)
• Enhanced learning
evaluation and analytics
During 2023, several strategic initiatives were conducted in HC development, including improvement of Human
Capital Management System (HCMS), Samudera Management Development Program (SMDP), Samudera Leaders
Camp (SLC), Human Capital Clinic, and Merdeka Internship.
The Company also executed numerous programs in 2023 to ensure the well-being and happiness of employees,
such as joint religious events, improvement in housing provisions for employees, extension of education support
for employee’s children, annual Samudera family reunion, financial wellness campaigns, Samudera Indonesia
Sports Community (SISCO), Corporate Medika, mental wellness campaign, and Employee Engagement Survey.
In HC management, the Company received recognition both internally and externally. Internally, the success of HC
management is reflected in the Employee Engagement Survey results, yielding a score of 5.04 with 85% response
rate, an increase from the previous survey in 2021, with a score of 4.80 and 75% response rate. This achievement
indicates a strong employee engagement and commitment to the Company. Externally, recognition is shown
through HR Excellence Award 2023 received by the Company related to HC management.
146 PT SAMUDERA INDONESIA TBK
Page 149
INFORMATION TECHNOLOGY AND DIGITALIZATION UTILIZATION
2023 2025
Data-driven Organization Business Innovation
& Digital Collaboration & Digital Intelligence
2024
Enterprise Digital
Orchestration
DIGITAL TRANSFORMATION
In the era of digitalization, maintaining the existence • Info regarding routes, terminal handling fees and
of branding and company service information is key. ship schedules.
The main thing to find easily and remain relevant as • Independent delivery tracking.
the main choice for users customer. Therefore, the • Shipyard services.
Company continues to innovate, adapting the latest • Door-to-door delivery service.
technology, adapt to customer needs preferences, • Instant quotation for trucking services.
and provide a better experience continuously. • Domestic and international commercial warehouse
services.
To strengthen digital existence and get closer to • Special handling/project delivery services.
customers, the Company provides ease of service • Fast response service via SIDIA Chatbot.
by presenting an integrated platform, Samudera
Connect. Through this platform, customers can get In sustainable technology development, the Company
information faster and efficient. Facilities available continues to strive to integrate business processes
include: with the use of technology and transformation, the
Company has various various types of supporting
applications in carrying out business operations.
2023 ANNUAL & SUSTAINABILITY REPORT
147
Page 150
The Company has prepared a digital roadmap preventing data leaks. All material risks that arise in
regarding the stages of utilizing information the use of technology Information has been analyzed
technology consistently through the risk management system.
and digitalization in the Company. In 2023, the
Company started by doing integration of ± 60 The Company has carried out various efforts to
applications currently owned, with a focus on re- organize and improve quality owned information
engineering digital data and more integrated system infrastructure. One effort is by manufacturing
application updates. The goal is to create data policies related to information system management,
communication both of these applications and and service quality standards. The company currently
produce data that can help Companies in making has and is implementing a Disaster Recovery
better decisions. Next in 2024, The company will Plan (DRP). document strategies for dealing with
adopt cloud computing technology on existing unexpected incidents of damage in information
platforms, so it is hoped that in 2025, information systems. Through various risk mitigation efforts
systems and digital data distribution will be more and the formulation of policies related to the use
precise, valid, and useful for further utilization and of information systems, the Company succeeded
keeping the business relevant accordingly regulations in obtaining ISO certification 27001:2022 regarding
and global markets. information security management in 2023.
In terms of transformation maturity, each of the EMPLOYMENT
Company’s business units has almost digitized The Company fully complies with applicable labor
comprehensive operational and transactional laws in Indonesia, which were most recently updated
aspects. This transformation itself has been referred in the Job Creation Law (UU Job Creation). In
to international and national standards including accordance with Indonesian labor regulations, which
National Logistics Ecosystem (NLE), International are further detailed in the Company Regulations, the
Maritime Organization (IMO), Directorate General of Company protect workers’ rights equally and without
Customs and Excise, and inaport.net. The company discrimination. Freedom of association is guaranteed
realizes that the use of information technology throughout our operations, and the Company support
and digitalization in business is having a high level the right of every employee to play an active role in
of complexity needs to be supported by good creating harmonious industrial relations together with
system security. The company has protection for the Company. These rights are contained in Company
customer data, employee personal data and business Regulations which have been registered and approved
by the Ministry of Manpower.
148 PT SAMUDERA INDONESIA TBK
Page 151
The Company ensures anyone can be part of the There has been an increase of 395 individuals, who are
organization. In 2023, the Company did not encounter new employees, with a composition of 298 new male
any discriminatory actions in the recruitment process employees or 75.4 %. Meanwhile, the composition of
or during employees’ performance of their duties. new female employees is 97 individuals or 24.6%.
Given the nature of the business in the transportation
and logistics sector, the majority of workers are male. During 2023, a total of 215 employees left the
However, diversity among employees is maintained Company for reasons including retirement, early
at higher employment positions. The Company also retirement, and voluntary resignations. Therefore, the
ensures every employee recruited or already working employee turnover rate in the Company for 2023 is
for the Company is not a forced laborer or a minor. 4.7%.
As of 31 December 2023, the Company has a total In maintaining diversity in the governance structure,
of 4,721 employees. The total number of female the company has female employees at the Directors
employees as of 31 December 2023, is 809 people, and Board of Commissioners level with a percentage
contributing to a percentage of 17.1%. Meanwhile, of 27.3%.
the total number of male employees reached 3,912
people, accounting for a percentage of 82.9% of the
total employees.
EMPLOYEE DEMOGRAPHICS
Composition of Employees Based on Gender
2023 2022 2021
Gender
Total % Total % Total %
Male 3.912 82,9 3.659 82,8 3.102 82,3
Female 809 17,1 759 17,2 665 17,7
Total 4.721 100 4.418 100 3.767 100
Composition of Employees Based on Position
2023 2022 2021
Position
Total % Total % Total %
Board of Directors and
83 1,8 89 2,0 77 2,0
Board of Commissioners
General Manager 72 1,5 75 1,7 68 1,8
Manager 330 7,0 307 7,0 254 6,8
Supervisor 475 10,0 494 11,2 388 10,3
Staff 2.123 45,0 2.018 45,7 1.713 45,5
Non- Staff 1.125 23,8 1.049 23,7 928 24,6
Crew 513 10,9 386 8,7 339 9,0
Total 4.721 100 4.418 100 3.767 100
2023 ANNUAL & SUSTAINABILITY REPORT
149
Page 152
Composition of Employees Based on Age
2023 2022 2021
Age
Total % Total % Total %
< 25 years old 549 11,6 476 10,8 323 8,6
26 - 35 years old 1.486 31,5 1.362 30,8 1.100 29,2
36 - 45 years old 1.395 29,5 1.305 29,5 1.148 30,5
46 - 55 years old 1.139 24,1 1.136 25,7 1.060 28,1
>55 years old 152 3,2 139 3,2 136 3,6
Jumlah 4.721 100 4.418 100 3.767 100
Composition of Employees Based on Education
2023 2022 2021
Education
Total % Total % Total %
Universitas 1.516 32,1 1.360 30,8 1.268 33,7
Akademi 592 12,6 566 12,8 508 13,5
Sekolah Menengah Atas dan
2.613 55,3 2.492 56,4 1.991 52,8
di bawahnya
Jumlah 4.721 100 4.418 100 3.767 100
Composition of Employees Based on Employment
2023 2022 2021
Employment
Total % Total % Total %
Permanent Employee 2.450 51,9 2.437 55,2 2.211 58,7
Contract Employee 633 13,4 546 12,4 289 7,7
Local 3 0,7 6 0,1 27 0,7
Outsourced 1.122 23,8 1.043 23,6 901 23,9
Crew 513 10,9 386 8,7 339 9,0
Total 4.721 100 4.418 100 3.767 100
EMPLOYEE WELFARE
The Company provides compensation for male and female employees with a ratio of 1:1. Remuneration consists
of basic salaries and allowances, taking into account employment status, operational region, and the Regional
Minimum Wage (UMR) determined by the Government. In providing allowances to employees, the Company
adheres to applicable regulations. At the headquarter located in DKI Jakarta, the salary given to the lowest
employee status in the Company is 2% higher than the UMR set for the DKI Jakarta region.
150 PT SAMUDERA INDONESIA TBK
Page 153
Employee Benefits Based on Employment Status
Employee Employee
Remuneration Composition Agreement for Agreement for
Indefinite Period Specific Period
Basic Salary + Fixed Basic Salary + Fixed
Wage/Salary Allowances + Non-Fixed Allowances + Non-Fixed
Allowances Allowances
Fixed Allowances
a. Position Allowance Yes Yes
Non-Fixed Allowances
b. Attendance Allowance Yes Yes
c. Regional Allowance No No
Other Allowances
d. Car Ownership Program Allowance Yes No
e. Housing Ownership Program Allowance Yes No
f. Communication Allowance Yes No
g. Leave Allowance Yes Yes
h. Religious Holiday Allowance Yes Yes
i. Overtime/Excess Working Hours Yes Yes
j. Job Risk Allowance No No
k. Allowance for Specific Areas Yes Yes
Benefits
Health Facility Services (in-kind) Yes Yes
Health Insurance (BPJS Kesehatan) Yes Yes
Employment Social Security Program (BPJS Tenaga Kerja),
Yes Yes
including Occupational Disability Allowance
Layanan Kesehatan Pensiun (in-kind) No No
Pension (Severance Pay and Pension Fund Defined
Yes No
Contribution/Defined Benefit)
End-of-Contract Compensation Yes Yes
Life Insurance No No
Personal Accident Yes Yes
Health Insurance (benefit) No No
Parental Leave Yes Yes
Employee Housing No No
EMPLOYEE PENSION PLAN
The Company’s pension program policy is outlined in the Company Regulations. The old-age benefit program
is implemented through the pension fund program. Employees are enrolled and pay their contributions as
participants in the pension fund program through the Defined Benefit Pension Program (PPMP) or the Defined
Contribution Pension Program (PPIP) since their appointment as permanent employees. All employees (100%) have
been included in the old-age and pension plan program.
2023 ANNUAL & SUSTAINABILITY REPORT
151
Page 154
MATERNITY LEAVE
According to Labor Law Number 13 of 2003 concerning Manpower in Article 82, maternity leave for three months is
mandatory for all female workers. The Company has complied with this law by granting leave to female workers who
apply for maternity leave for 1.5 months before maternity and 1.5 months after maternity. During maternity leave,
female workers continue to receive their full wages. In 2023, 20 female workers took maternity leave. Additionally,
this leave policy also applies to male workers whose wives give birth, with a leave entitlement of 2 working days. In
2023, 30 male workers took advantage of this leave entitlement. All female and male workers returned to work at a
rate of 100%.
EMPLOYEE TRAINING AND DEVELOPMENT Through Samudera Indonesia Corporate University
Having competent knowledge and skills is the key to (SICU), the Company provides training to enhance
success in achieving the Company’s future targets. the skills required by the industry and each business
Given the ongoing changes in the development of unit. Until 2023, the Company consistently implements
the times, the Company needs to proactively support the use of a Learning Management System (LMS)
employees in learning current and future skills now. that helps employees access training materials and is
It can be realized through various activities, including equipped with assessments.
training, skills certification, and providing educational
scholarships. In enhancing participation and effectiveness, training
is conducted using various methods, both onsite and
The Company has developed a Comprehensive offline, as well as online. The company also utilizes
Knowledge Management that serves as the framework the Training Application System and training platform,
for the implementation of employee training and such as Udemy which is made available to employees
development. The employee development needs start for free. The use of the Udemy platform is known as
with the analysis of Samudera’s training requirements. “Samudera Udemy” and is still in use.
The Corporate Human Capital (CHC) Division has
designed Samudera Mandatory Training Handbook
for every line of business based on the results of this
analysis. Employees are required to take trainings as
specified in the handbook.
152 PT SAMUDERA INDONESIA TBK
Page 155
THE FOLLOWING ARE TRAINING PROVIDED TO EMPLOYEES.
List of Training
No Training Name Type of Training
1 Corporate Identity Guidelines; Good Corporate Governance. Foundation
Advanced QHSE; Basic Data Analytics; Basic Risk Management; Basic Safety; Budgeting;
Business Intelligence; Business Model Canvas; Capital Expenditure (CapEx), Cash
Flow & Treasury Management; Communication Skill, Dasar – Dasar Audit Teknologi
Informasi; Desain, Pengembangan, Ilmu Data, Komputasi Cloud, dan Operasional
TI; Directorship Program; Effective Cost Management; Enterprise Risk Management;
Facilities Management; Finance for Non Finance; Fraud Auditing 1; Fraud Auditing 2;
Hazard Analysis Critical Control Point & Good Manufacturing Practice (HACCP & GMP);
HC for Non HC; Intermediate Digital Innovation; Intermediate QHSE; Internal Control
2 Management
Awareness: Internal Control Berbasis COSO-2013; Introduction to Data; Keuangan &
Akuntansi, Kepemimpinan & Manajemen, Legal for Non Legal; Marketing For the Future;
Marketing Key Account Management; Negotiation Skill; Penyusunan Laporan Efektif untuk
Auditor; Procurement Management; Project Management; Project Procurement & Tender
Management; Salesmanship; Samudera Leaders Camp; Seminar Nasional Internal Audit;
Simple Dashboard with Integrated Data Analysis for Someone Who is Not an Expert;
Standar Audit dan Kode Etik Profesi; Tax Management; Tax Update Webinar: Fasilitas PPN
Dibebaskan dan Tidak Dipungut Sesuai PP 49/2022; Vendor & Procurement Management.
Advanced Product Knowledge for Shipping Business; Agency Business; Aplikasi CRM;
Basic 3PL & 4PL; Basic Facilities Maintenance for Logistics; Basic Land Transport; Trailer
& Non Trailer; Basic Maintenance & Repair for Port; Basic Port & Terminal Knowledge;
Basic Port Facilities Maintenance; Basic Survey Project Cargo; Basic Vessel & Liner
Operation; Basic Warehouse Facilities Management; Basic Warehouse Practice; Cargo
Specification; Depo Business; Fleet Maintenance Planning; Fleet Management System;
Freight Forwarding & Logistics Business; IATA Basic Air Cargo; IATA DG Cargo Handling;
3 Business
Inland Transport Advanced Training; Intermediate Maintenance & Repair; International
Trade Incoterm & L/C & Standard Trading Condition; Introduction To Project Logistics;
Port Business Process; Port Equipment Planning; Port Excellence; Port Management;
Project Logistics; Shipping Finance; Stevedoring Business; Supply Chain Management;
Traffic Management for Land Transport; Vessel Stowage Planning; Warehouse Facilities
Design; Warehouse Management; Warehouse Operation Management; Warehousing &
Distribution Center.
Appathon 2023; Chat GPT; Diskusi Inspiratif: Work Life Balance, Tips & Trick for Better
Life, Love & Career, Diskusi Inspiratif-kitabisa.com; HC Talks; Health Talks Series; Lead
GenZ; Melek Finansial Agar Tidak Sial; One Year Udemy: What Have We Learnt?;
4 Persiapan Masa Pensiun; Samudera Ilmu Series; Kebijakan Sosial Media; Refreshment Special Program
Udemy; Resiliensi atas Kejahatan Siber di Era Daring Transnasional dan Perang Hibrida;
Sharing Sessions: Asuransi Kendaraan, Lisensi, Investasi Bodong, Judi Online, Merdeka
Financial; Tren Ekonomi Dunia: Sustainability; Tren Media Sosial: B2B Rasa B2C.
Awareness ISO 27001, 22301, 9001, 14001, 45001; Certified Forensic Auditor (CFrA);
Certified Fraud Examiners (CFE); Certified Human Capital Management Qualified Internal
5 Certification
Audit (QIA) Tingkat Lanjutan; Qualified Internal Audit (QIA) Tingkat Managerial; Qualified
Internal Audit (QIA) Tingkat Pra Managerial.
2023 ANNUAL & SUSTAINABILITY REPORT
153
Page 156
During the year 2023, the Company recorded employees participating in 153 training programs and 2,196 enrolled
training topic in Udemy with a duration of 35,159 hours. On average, the Company’s employees receive 11.4 hours
of training/employee.
As part of the career planning and development, the Company conducts reviews of employees based on Key
Performance Indicators (KPIs). In 2023, the Company conducted reviews for all employees using assessment
methods tailored to their respective employment schemes.
QUALITY, HEALTH, SAFETY, AND ENVIRONMENT (QHSE)
The aspects of Occupational health and safety are important matters that need to be addressed effectively, given
their direct correlation with employees as a valuable asset. Therefore, the Company is committed to providing a
workplace that is suitable, safe and comfortable for every employee.
This commitment is manifested through various certifications, including ISO 9001, ISO 14001, and ISO 45001. The
Corporate Quality, Health, Safety, and Environment (QHSE) Division is responsible for ensuring the effectiveness
of the implementation of the Quality Management System, Occupational Health and Safety, and Environmental
Protection. This division is also responsible for developing systems and programs to reduce and manage risks
pertaining to operational activities.
The implementation of the Occupational Health and Safety Management System refers to the Company’s policy,
particularly Quality, Health, Safety, and Environment Policy (QHSESI-01-R.00-2021). The implementation of the
QHSE also adheres to national and international standards, particularly SMK3, ISO 9001, ISO 14001, and ISO
45001. The Company has obtained QHSE certification, including ISO 9001, 14001, and 45001 from URS Indonesia.
The Company has included all employees (100%) as subjects of OHS implementation. The same applies to external
Stakeholders such as suppliers collaborating with the Company.
Furthermore, the QHSE Division, along with all subsidiaries, implements various emergency management
processes, including:
1. Developing emergency systems and procedures.
2. Providing emergency facilities and infrastructure.
3. Equipping employees with emergency response knowledge.
4. Conducting routine simulations to measure and ensure all employees understand what to do in emergency
situations.
Emergency drills are mandated programs implemented at the Company headquarters and all branch offices at
least once a year with different scenarios (Fire, Earthquake, Riots, Bomb Threats, etc.).
RISK MITIGATION AND REPORTING OCCUPATIONAL HAZARDS
In hazard identification, the Company uses a digitized system called ARMS (Audit Risk Management System) that
identifies general business risks, anti-bribery, and HSE risks. The Company also uses a system called BRA (Baseline
Risk Assessment) that identifies detailed operational hazards in the HSE field implemented by all subsidiaries
(Shipping, Port, Logistics, Services).
Employees are empowered to openly exercise risk management practices through various digital OHS reporting
channel, such as ARMS, QHSE AppSheet (Reporting HSE Performance and Workplace Accidents), or other
independently owned applications by subsidiaries tailored to their characteristics and needs. Additionally, the
Company involves employees in the development, implementation, and evaluation of occupational health and
safety management systems through HSE campaigns, digital campaigns, major HSE celebrations, annual safety
meetings, monthly safety meetings, and daily safety briefings.
154 PT SAMUDERA INDONESIA TBK
Page 157
The Company has an investigation procedure related to the implementation of Samudera’s policy for conducting
Workplace Accident Investigations outlined in Policy-QHSE-SI-01-R.00-2021 Quality, HSE, and Environment Policy
of Samudera Indonesia, Policy-QHSE-SI-05-R.00-2021 Policy on OHS Cases and Environment, MEMO/QHSE-SI/03/
IV/2022 Obligations for Reporting Workplace Accidents and HSE Performance, and SOP-QHSE-SI-10-R.01-2021
Incident Investigation Procedure. During its implementation, the methods used among others include “Why Three
Analysis” and ICAM.
OCCUPATIONAL HEALTH SERVICES
Occupational health services are a crucial element in maintaining and enhancing the health and well-being of
employees in the workplace. These services are designed to prevent work-related injuries and illnesses, provide
early diagnosis and treatment, and ensure a safe and healthy work environment. By conducting regular health
assessments, monitoring workplace hazards, and providing access to medical care and rehabilitation, the
Company actively plays a role in safeguarding the physical and mental health of workers, thereby enhancing
productivity and job satisfaction.
Routine health examinations are conducted for all employees to ensure they are always in a fit and healthy
condition. This policy is expected to support efforts to prevent workplace accidents and Occupational Diseases
(OD).
Through Corporate Medika, the Company extends its presence in providing health services by developing
Samudera clinic in Makassar and Semarang, to be completed in 2023, and in Surabaya and Medan planned for
2024. Corporate Medika specifically handles and develops programs related to employee health improvement. In
its operation, Corporate Medika is assisted by one Company Doctor with 2 First Aid posts.
Samudera Indonesia also promotes a healthy lifestyle to improve employees’ health and work productivity.
Besides Health Talks held regularly in every month, one of the programs implemented in 2023 is the Mental
Wellness Campaign, which promotes a healthy lifestyle and mental health.
2023 ANNUAL & SUSTAINABILITY REPORT
155
Page 158
OCCUPATIONAL HEALTH AND SAFETY TRAINING
Training on QHSE is a regular agenda item in the Corporate QHSE program. Training on QHSE is considered
crucial to maintain and enhance awareness of each individual regarding best practices in QHSE. Additionally,
this training program aims to build the foundation competence to support the Company’s safety and security
operating in high-risk business and operations, requiring competent personnel in their respective fields having
adequate knowledge and high compliance with QHSE regulations. In 2023, the Company organized various
specialized QHSE training programs, as follows:
Total Participants
Training
2023 2022 2021
Basic Safety dan Environmental Training 253 147 906
Awareness ISO 9001, 14001, 45001 Training 35 25 222
Internal Auditor ISO 9001, 14001, 45001 Training 6 24 111
Awareness ISO 27001, 22301 Training 20 - -
Emergency Response Procedure and Fire Warden Training 0 22 94
First Aid Training 0 5 49
Intermediate Health and Safety Training 30 10 0
Advance Health and Safety Training 17 12 0
QHSE for Enterprise 19 19 0
Hazard Identification & Risk Assessment Training 13 0 0
Hazard Analysis Critical Control Point & Good Manufacturing Practice
6 3 0
(HACCP&GMP) Training
OCCUPATIONAL SAFETY PERFORMANCE
In the OHS implementation process, the Company requires records of every workplace accident. In 2023, the
Company determine Zero Accident Fatality target in all of operational fields by reaching 156,160 working hours.
BUILDING A CONDUCIVE RELATIONSHIP WITH THE COMMUNITY
Various initiatives undertaken by the Company towards the community are part of programs run by Samudera
Peduli. By fostering good relationships with the community, the Company believes it can have a positive impact
on the sustainability of the Company. In year 2023, the Company focused on social programs in the fields of
education, environment, health, and religion.
The expenses incurred during the year 2023 amounted to Rp20 billion with details per activity as follows.
Value (in IDR)
Activity Name
2023 2022 2021
Community and Public Facility Improvement 9.272.147.859 3.019.846.144 4.121.673.072
Health, Sports, and Cultural Arts 87.562.490 524.915.099 329.886.001
Religious and Humanitarian 5.278.078.535 1.241.531.819 2.593.644.237
Education 3.467.241.996 4.412.582.545 445.323.643
Environmental Conservation 2.021.798.548 6.553.204.733 291.699.048
Total Overall 20.126.829.428 18.933.058.401 7.782.226.001
156 PT SAMUDERA INDONESIA TBK
Page 159
From year 2021 to year 2023, the Company experienced an uplift in CSR fund contributions of 158.62%. In year
2023, the largest CSR contribution occurred in Community and Public Facility Improvement activities. It aligns
with the Company’s commitment to improve the well-being of the surrounding community through infrastructure
and economic development. The second-largest CSR contribution in year 2023 was made through assistance for
humanitarian and religious activities.
COMMUNITY COMPLAINTS
The Company maintains communication with the community by providing channels for communication related to
perceived negative impacts on the community. Through these channels, the community can report issues related
to social and economic aspects. The community can file complaints by sending reports via email to
csr@samudera.id.
SOCIAL ACTIVITIES FOR THE COMMUNITY
Economic Initiatives
ORPHANS AID
Annually, Samudera Peduli
channels humanitarian aid
in the form of financial
assistance, groceries, and
school supplies to orphans
and orphanage foundations
in the Company’s surrounding
community. The Company
collaborated with 10
orphanages, benefiting a
total of 612 orphans.
NATURAL DISASTER AID AND FOOD SECURITY
In year 2023, Samudera Peduli actively participated in assisting the victims of natural disasters in several regions in
Indonesia. Some of the aid provided included free healthcare services for the recovery of the earthquake victims
in Cianjur, West Java, assistance in the form of healthy food packages and nutrition, as well as healthcare services
for the victims of tornadoes on Kasu Island, Batam, Riau Islands, and ready-to-eat food aid for refugees in areas
affected by cold lava flows on the slopes of Semeru, Lumajang, East Java.
Samudera Peduli also distributed ready-to-eat healthy food packages to various orphanages and child educational
institutions to support food security for children. The total recipients of assistance in year 2023 were 93
locations with 7,064 beneficiaries. The total number of ready-to-eat meals provided was 9,000, along with 15,600
complementary items.
2023 ANNUAL & SUSTAINABILITY REPORT
157
Page 160
PROCUREMENT OF BOATS FOR FISHERMEN IN PANGANDARAN Samudera Peduli provide support in the procurement of boats and fishing equipment fishermen who do not have boat and must rely on other fishermen to catch fish in the Pangandaran region. The number of boats provided to fishermen in year 2023 was a total of 6 fishing boats. Environmental Initiative SAMUDERA GREEN MOVEMENT Samudera Green Movement is an environmental program with a vision and mission to preserve the sea and coastal areas, aiming to enhance the ecosystem in coastal communities. The Company conducted mangrove seedling planting in two locations with a high risk of abrasion, particularly Romokalisari Beach and Gunung Anyar Coastal area in East Java. The total number of mangrove seedlings planted in these two locations was 9,000. In addition to planting mangrove seedlings, the Company also initiated coral reef preservation. The area visited this time was the region of Pulau Ayer, in the Thousand Islands, DKI Jakarta. The Company planted a total of 1,120 coral fragments to preserve the coral reef ecosystem and keep it thriving. Monthly monitoring is conducted to observe the growth figures until they reach one year of age. Another Green Movement by the Company focuses on the removal of scattered waste along the coast, and together with NGOs and the community successfully collecting 562 kg of plastic waste to be recycled. 158 PT SAMUDERA INDONESIA TBK
Page 161
WASTE MANAGEMENT (RECYCLE BOX AND WASTE BANK)
Up to year 2023, Samudera Peduli has been running a waste processing program. In the Company’s offices, recycle
boxes are placed in the lobby and office areas to collect non-organic waste for recycling. Additionally, Samudera
Peduli also implements a waste bank development program in Jakarta and Bekasi, the assistance provided
includes training and capacity building for waste bank administrators, training in crafting recycled materials, as
well as support for facility and infrastructure development.
Recycled Waste
Area
2022-2023 (kg)
Samudera Office, Jakarta 2.750
Waste Bank Kepodang, Bekasi 11.108
Waste Bank Aglonema, North Jakarta 4.708
Waste Bank Berkah Srikandi, East Jakarta 2.564
2023 ANNUAL & SUSTAINABILITY REPORT
159
Page 162
Social Initiatives SAMUDERA SCHOOL BOATS The Samudera School Boats program is a flagship initiative of Samudera Peduli initiated in year 2018. By year 2023, Samudera has five fleets in five provinces, particularly: • Sinar Waisai School Boat in Muaragembong, Bekasi Regency, • Sinar Wakatobi School Boat in Telong Elong, East Lombok • Sinar Way Kambas School Boat in Loa Kumbar, Samarinda, • Sinar Wonosobo School Boat in Kampung Laut, Cilacap Regency, and • Sinar Waingapu School Boat in Pulau Bertam, Batam. Since the period of 2017 to 2023, the Company has transported a total of 112,042 passengers. To expand of beneficiaries, in year 2024, Samudera Peduli will add two more fleets: Sinar Watampone School Boat in Kampung Laut, Cilacap, and Sinar Waecicu School Boat in Gili Gede, West Lombok. SEAFARERS SCHOLARSHIP PROGRAM Seaferarers Scholarship Program provides financial assistance for education to outstanding cadets. The program covers five maritime schools in four provinces in Indonesia: Maritime Polytechnic of West Sumatra, Malahayati Maritime Polytechnic, Maritime Polytechnic of North Sumatra, Maritime Science Polytechnic of Makassar, and Maritime Polytechnic of Barombong. There were 200 scholarship selection participants, and 50 top candidates were selected to receive scholarships for one year, with the opportunity for sea practice at the company. In addition to formal education scholarships, the company also funds the English Course for seafarers and ISM Code Training. 160 PT SAMUDERA INDONESIA TBK
Page 163
SCHOOL INFRASTRUCTURE RENOVATION
The Company pays attention to ensure that educational support facilities are in good condition. There are two
schools supported by this program, which are MTs Emeyodere in Sorong, Southwest Papua, and SD Inpres
Natoen in Kupang, East Nusa Tenggara. Both schools provide free education for children from economically
disadvantaged families, supported by temporary teachers. Until year 2023, the Company rebuilt a total of six
damaged schools.
BOOKS SHARING FOR THE NATION
Samudera Peduli also supports the improvement of facilities and reading interest in every school by sharing
curriculum books, reading books, and building libraries in several remote schools in Papua. The number of books
distributed includes 810 Curriculum Books, 6,753 reading books, and the establishment of 2 libraries at Emeyodere
School and SD Al-Maarif in Southwest Papua.
SAMUDERA READING PARK
The Company recognizes the importance of increasing reading interest and literacy for children in coastal areas.
Thus, the Samudera Reading Park addresses the limited access to reading books on the coast of Muaragembong,
Bekasi Regency, West Java. The total number of books distributed in year 2023 was 1,764, and the number of
visitors to the Samudera Reading Park was 2,003 children.
2023 ANNUAL & SUSTAINABILITY REPORT
161
Page 164
AMBULANCE FOR REMOTE AREAS The Ambulance for Remote Areas program aims to provide transportation for patients in various remote areas of Indonesia. In year 2023, Samudera Peduli provided an ambulance for AKA Medika Sribhawono Hospital in Lampung and Santo Yusup Primary Clinic in Blitar, East Java, both of which serve less privileged patients. HEALTH EQUIPMENT DONATION AND INPATIENT ROOM AND ISOLATION ROOM CONSTRUCTION In year 2023, assistance in the form of the construction of Inpatient Rooms and Isolation Rooms was provided to AKA Medika Sribhawono Hospital, which focuses on providing healthcare services for the lower-middle-class community. Additionally, anaesthesia equipment was provided, serving hundreds of patients. The number of inpatient cases served in year 2023 was 41 patients, and the number of patients using anaesthesia equipment was 922. 162 PT SAMUDERA INDONESIA TBK
Page 165
FREE CLEFT LIP AND PALATE SURGERY
The Company contributes to helping children with cleft lip and palate deformities Samudera Peduli collaborates
with Smile Train to provide free cleft lip surgery for patients from underprivileged families, with a total of 35
children in year 2023.
CATARACT SURGERY
Samudera Peduli collaborates with the Darmawan Mangunkusumo Foundation to provide free cataract surgery
for fishermen and patients from underprivileged families. Fishermen, who are often exposed to the beach, have a
higher risk of developing cataracts due to increased exposure to ultraviolet light. Cataract surgery is conducted in
the village of Cikakak, Sukabumi, which lacks adequate eye surgery facilities. The number of patients operated on
in year 2023 was 90.
2023 ANNUAL & SUSTAINABILITY REPORT
163
Page 166
BLOOD DONATION Every year, Samudera Peduli organizes blood donation activities which involve employees and surrounding communities, three times at the Samudera Indonesia office. A total of 676 individuals from Samudera Indonesia Slipi and Samudera Kirana participated in this activity, with 521 individuals meeting the criteria for blood donation. QUR’AN ENDOWMENT PROGRAM Samudera Peduli initiated the Quran endowment program in April 2023, coinciding with Ramadan 1444 H. Through this program, Samudera Peduli gathered donations from business units and employees and successfully distributed 920 Qurans to 52 locations (mosques, prayer rooms, and Islamic educational institutions) in North Sulawesi. 164 PT SAMUDERA INDONESIA TBK
Page 167
SUPPORT FOR COMMUNITY IN EDUCATION, CULTURE, HEALTH, AND SPORTS
The Company supports activities initiated by communities from various backgrounds aimed at community
development in education, culture, sports, health, and social areas. In year 2023, Samudera Peduli supported the
implementation of 46 programs/activities that had a positive impact on the community.
RENOVATION OF PLACES OF WORSHIP
In year 2023, Samudera Peduli collaborated with the Madago Indonesia Foundation constructed two churches in
remote areas of Sigi and Poso, Central Sulawesi, and renovate a prayer room in Koja, North Jakarta.
MAINTAINING CUSTOMER SATISFACTION The Company consistently maintains the quality of service to
every customer by conducting regular evaluations each year.
2023 ANNUAL & SUSTAINABILITY REPORT
165
Page 168
Network List
HEAD OFFICE PT Masaji Tatanan Kontainer PT Masaji Tatanan Kontainer
Indonesia Indonesia
PT Samudera Indonesia Tangguh Jalan Soekarno Hatta KM 11,5 Komplek Union Industrial Park
Samudera Indonesia, 8th Floor Kel. Srengsem, Kec. Panjang Blok G No. 07
JL. Letjen S. Parman Kav. 35 Bandar Lampung - INDONESIA Jl. Yos Sudarso
Jakarta Barat 11480 - INDONESIA P: (0721) 31359/33439 Batu Ampar
P: (021) 5480088 Kota Batam 29432 - INDONESIA
samudera.id BANDUNG P: +62 778 457745
PT Samudera Agencies Indonesia
INDONESIA PT Silkargo Indonesia BEKASI
OFFICE Jl. Venus Barat, Kav. 12/12A PT Masaji Kargosentra Tama
Metro Estate, Margahayu Raya Kawasan Industri & Pergudangan
BALI Bandung - INDONESIA Marunda Center
PT Samudera Agencies Indonesia P: (022) 7507210, 7303656 Blok E 7 No A & B
Jl. Raya Kuta 299 Jl. Marunda Makmur
Badung BANJARMASIN Segara Makmur, Tarumajaya
Bali 80361 - INDONESIA PT Samudera Agencies Indonesia Bekasi 17211 - INDONESIA
PT Samudera Perdana
PT Samudera Dewata Logistik PT Perusahaan Pelayaran Nusantara PT Samudera Logistics Services
Gedung PELNI Lt. 3 Panurjwan Komp. Delta Silicon II
Jl. Raya Kuta No. 299 PT Banjar Jaya Samudera Jl. Waru Blok F2 No. 5
Kel. Tuban, Kec. Kuta, Kab. Badung PT Kota Jaya Samudera Lippo Cikarang
Bali 80361 - INDONESIA Bekasi 17550 - INDONESIA
PT Samudera Banjarmasin Logistik P: (021) 8990 2777
BALIKPAPAN Jl. Cempaka I No. 28 RT 03
PT Silkargo Indonesia Kel. Kertak Baru Ulu PT Adib Cold Logistic
PT Samudera Energi Tangguh Kec. Banjarmasin Tengah Jl. Raya Narogong Km 11
PT Papan Jaya Tirta Kota Banjarmasin Bantargebang
Jl. Komplek P.U. IV No.46 RT 19 Kalimantan Selatan 70231 - Kota Bekasi 17151 - INDONESIA
Balikpapan 76111 - INDONESIA INDONESIA P: (021) 2114935
P: (0542) 421988, 732673 P: (0511) 4366014, 3355114, 3356814
BENGKULU
BANDAR LAMPUNG BANGKALAN PT Samudera Agencies Indonesia
PT Samudera Agencies Indonesia PT Galangan Samudera Madura PT Samudera Bengkulu Logistik
Jl. KH. Ahmad Dahlan No. 32 Jl. Sembilangan, Desa Sembilangan Jl. RE Martadinata No.16
Pahoman Kec. Bangkalan, Kab. Bangkalan RT 017 RW 004
Bandar Lampung 35213 - INDONESIA Jawa Timur 69188 - INDONESIA Kelurahan Kandang, Kecamatan
P: (0721) 265700 P: +62 815-8000-484 Kampung Melayu
Kota Bengkulu 38216
PT Samudera Lampung Logistik BATAM
PT Lampung Jaya Samudera PT Barelang Riau Jaya BINTUNI
Jl. KH Ahmad Dahlan No. 32 PT Samudera Agencies Indonesia PT Tangguh Jaya Samudera
Pahoman, Enggal PT Silkargo Indonesia PT Samudera Tangguh Logistik
Bandar Lampung 35213 - INDONESIA Jl. Pendidikan, Kampung Modan
P: (0721) 265700 District Babo, Kab. Bintuni
Papua Barat 98363 - INDONESIA
166 PT SAMUDERA INDONESIA TBK
Page 169
PT Samudera Energi Tangguh CIREBON PT Samudera Indonesia Ship
Jl. Raya Bintuni KM 7 PT Samudera Agencies Indonesia Management
Kec. Bintuni Barat PT Samudera Perdana Samudera Indonesia, 2nd Fl
Kab. Teluk Bintuni PT Cirebon Jaya Samudera Jl. Letjen S. Parman Kav. 35
Papua Barat - 98634 - INDONESIA Jl. Angkasa No. 28 Jakarta Barat 11480 - INDONESIA
Penggung Raya
PT Samudera Pelabuhan Indonesia Cirebon 45144 - INDONESIA PT Silkargo Indonesia
Jl. Raya Bintuni KM 4 P: (0231) 483214 Alamanda Tower, 16th Fl
Kec. Bintuni Barat Jalan TB. Simatupang No. 23-24
Kab. Teluk Bintuni DUMAI Jakarta Selatan 12430 - INDONESIA
Papua Barat - 98634 – INDONESIA PT Samudera Agencies Indonesia P: (021) 50989241
PT Riau Jaya Samudera
BITUNG Jl. Jend. Sudirman No. 196 PT Samudera Indonesia Logistik
PT Samudera Agencies Indonesia Dumai Kargo
Jl. Sam Ratulangi No. 07 Riau 28813 - INDONESIA Alamanda Tower, 16th Fl
Bitung Barat Satu, Maesa P: (0765) 31059, 37035 Jalan TB. Simatupang No. 23-24
Bitung 95511 - INDONESIA Jakarta Selatan 12430 - INDONESIA
JAKARTA P: (+62 21) 50989256
PT Tondano Jaya Samudera PT Samudera Indonesia Tbk
Jl. Lingkungan I RT 004 RW 001 PT Samudera Wadah Mitra PT Maruzen Samudera Taiheiyo
Paceda Madidir PT Tata Mitra Samudera Alamanda Tower, 16th Fl
Kota Bitung - INDONESIA Samudera Indonesia Jalan TB. Simatupang No. 23-24
Jl. Letjen S. Parman Kav. 35 Jakarta Selatan 12430 - INDONESIA
BONTANG Jakarta Barat 11480 - INDONESIA
PT Samudera Agencies Indonesia PT Masaji Tatanan Kontainer
Jl. RE Martadinata RT 08 No. 109 PT Tata Energi Samudera Indonesia
Loktuan, Bontang PT Tangguh Lestari Samudera PT Samudera Sarana Logistik
Kalimantan Timur 75315 - INDONESIA Samudera Indonesia, 3rd Fl. PT Samudera JWD Logistics
Jl. Letjen S. Parman Kav. 35 Jalan Raya Cakung No.15
CIKAMPEK Jakarta Barat 11480 Semper Timur, Cilincing
PT Silkargo Indonesia PT Samudera Shipping Services Jakarta Utara 14130 - INDONESIA
Jl. Raya Purwasari No. 18 PT Samudera Energi Tangguh P : +62 21-4401592
Purwasari PT Samudera Amanah Tanker F : +62 21-4401475
Cikampek 41371 - INDONESIA PT Samudera Mbiantu Sesami
P: (0264) 303439 - 41 PT Samudera Niaga Tangguh PT Masaji Prayasa Cargo
PT Cumawis Samudera Indonesia, 3rd Fl.
CILACAP PT Cumawis Indonesia Jl. Letjen S. Parman Kav. 35
PT Tembini Jaya Samudera PT Samudera Perkapalan Indonesia Jakarta Barat 11480 - INDONESIA
Jl. Jend. Sudirman No. 123 Samudera Indonesia, 5th Fl
Cilacap 53263 - INDONESIA JL. Letjen S.Parman Kav. 35 PT Samudera Perdana
Jakarta Barat 11480 Jl. Raya Cilincing No. 17
CILEGON P: (021) 5328566 Jakarta Utara 14120 - INDONESIA
PT Samudera Agencies Indonesia P : (021) 4417266
PT Samudera Energi Tangguh PT Perusahaan Pelayaran Nusantara F : (021) 4419444
PT Silkargo Indonesia Panurjwan
PT Samudera Banten Logistik Samudera Kirana Lt. 8 PT KCTC Samudera Logistics
PT Merak Jaya Asri Jl. Yos Sudarso No. 88 Samudera Indonesia, 3A Fl.
Jl. Raya Cilegon No. 90/110 Sunter Jaya - Jakarta Utara 14350 Jl. Letjen S. Parman Kav. 35
RT 02 RW 02 P: (021) 25676969 Jakarta 11480 - INDONESIA
Kel. Sukmajaya, Kec. Jombang P: (021) 25676918
Cilegon 42416 - INDONESIA PT Samudera Shipping Indonesia
P: (0254) 391341 Samudera Indonesia, 3A Fl
Jl. Letjen S. Parman Kav. 35
Jakarta Barat 11480 - INDONESIA
2023 ANNUAL & SUSTAINABILITY REPORT
167
Page 170
PT Samudera Pelabuhan Indonesia NYK Bulk & Projects Carriers PT Samudera Rekso Asri
Samudera Kirana Lt. 16 Division PT Samudera Rejo Agung
Jl. Yos Sudarso No. 88 Soedarpo Informatika Building 3rd Fl. Samudera Indonesia, 6th Fl.
Sunter Jaya - Jakarta Utara 14350 Jl. Blora No. 32-33 Jl. Letjen S Parman Kav. 35
P: (021) 25676976 Menteng Jakarta Barat 11480 - INDONESIA
Jakarta Pusat 10310 - INDONESIA P: (021) 53675605
PT Tangguh Samudera Jaya P: (021) 31900163
Samudera Kirana Lt. 16 PT Samudera Daya Mitra
Jl. Yos Sudarso No. 88 KMTC Division PT Samudera Konsultan Indonesia
Sunter Jaya - Jakarta Utara 14350 Lippo Kuningan Building 21st Fl. PT Satuan Harapan Indonesia
P: (021) 25676928 Jl. H. R. Rasuna Said Kav. B-12 Samudera Indonesia, 7th Fl.
Jakarta Selatan 12940 - INDONESIA Jl. Letjen S. Parman Kav. 35
PT Prima Nur Panurjwan P: (021) 25676926 Jakarta Barat 11480 - INDONESIA
Samudera Kirana Lt. 16 P: (021) 5307875
Jl. Yos Sudarso No. 88 Hapag-Lloyd Division
Sunter Jaya - Jakarta Utara 14350 Cyber 2 Tower Level 3A, E, F PT ISTA Indonesia
P: (021) 25676978, 25676979 Jl. HR. Rasuna Said Blok X-5 No. 13 Samudera Indonesia, 2nd Fl.
Kuningan Jl. Letjen S. Parman Kav. 35
PT Samudera Sarana Terminal Jakarta 12950 - INDONESIA Jakarta 11480 - INDONESIA
Indonesia P: (021) 29343600 P: (021) 5307870, 5307871
Samudera Kirana Lt. 12
Jl. Yos Sudarso No. 88 PT Tata Bandar Samudera PT Samudera Asahi Shipping
Sunter Jaya - Jakarta Utara 14350 Samudera Indonesia, 3rd Fl. Samudera Indonesia, 3A Fl.
P: (021) 25676909 Jl. Letjen S. Parman Kav. 35 Jl. Letjen S.Parman Kav.35
Jakarta Barat 11480 - INDONESIA Jakarta 11480 - INDONESIA
PT Masaji Kargosentra Tama P: (021) 5307824 P: (021) 25676934
Samudera Kirana Lt. 11
Jl. Yos Sudarso No. 88 PT Samudera Bandar Logistik PT Samudera Indonesia Mitra
Sunter Jaya - Jakarta Utara 14350 PT Prima Bandar Samudera Manajemen
P: (021) 25676901 Jl Swasembada Timur XI No 46 B Samudera Indonesia, 5th Fl.
Jakarta Utara - INDONESIA Jl. Letjen S. Parman Kav. 35
PT Samudera Agencies Indonesia P: (021) 22437131 Jakarta Barat 11480 - INDONESIA
Samudera Indonesia, 3rd Fl.
Jl. Letjen S. Parman Kav. 35 PT Samudera Properti Indonesia PT Samudera Wadah Mitra
Jakarta Barat 11480 - INDONESIA Samudera Indonesia, 3A Fl. PT Tata Mitra Samudera
General Agencies Division Jl. Letjen S. Parman Kav. 35 PT Samudera Indonesia Amanah
P: (021) 5300580 Jakarta Barat 11480 - INDONESIA Prima
P: (021) 5480088 Samudera Indonesia
PT Samudera Agencies Indonesia JL. Letjen S. Parman Kav. 35
Cabang Tanjung Priok PT Tangguh Jaya Samudera Jakarta Barat 11480 - INDONESIA
Samudera Kirana Lt. 8 PT Samudera Tangguh Logistik
Jl. Yos Sudarso No. 88 Samudera Indonesia, 5th Fl. PT Samudera Daya Maritim
Sunter Jaya - Jakarta Utara 14350 Jl. Letjen S. Parman Kav. 35 Samudera Indonesia, 7th Fl.
P: (021) 25676990 Jakarta Barat 11480 - INDONESIA Jl. Letjen S. Parman Kav. 35
Jakarta Barat 11480 - INDONESIA
Samudera Shipping Line Ltd Division PT Praweda Ciptakarsa Informatika
Samudera Indonesia, 6th Fl. PT Praweda Sarana Informatika JAMBI
Jl. Letjen S Parman Kav. 35 Samudera Indonesia, 6th Fl. PT Samudera Agencies Indonesia
Jakarta 11480 - INDONESIA Jl. Letjen S. Parman Kav. 35 PT Jambi Jaya Samudera
P: (6221) 53675605 Jakarta Barat 11480 - INDONESIA Jl. Soekarno Hatta No. 8 RT 01
P: (021) 5485004, 25676900 Kel. Paal Merah
Jambi 36139 - INDONESIA
P: (0741) 33367
168 PT SAMUDERA INDONESIA TBK
Page 171
PT Masaji Tatanan Kontainer
Indonesia
Desa Pudak
Pudak, Kumpeh Ulu
Kab. Muaro Jambi
Jambi 36373 - INDONESIA
JEMBER
PT Silkargo Indonesia
Jl. Gajah Mada No. 279C
Kel. Jember Kidul
Kec. Kaliwates, Jember
Jawa Timur 68131
KENDARI
PT Samudera Agencies Indonesia
Jl. Balai Kelurahan RT 02 RW 02
Kec. Lapulu, Kab. Abeli
Kendari 93234 - INDONESIA
PT Samudera Kendari Logistik
PT Kendari Jaya Samudera
Komplek Business Centre Hotel Kubra
Jl. Brigjen Edy Sabara
Lahundape, Kendari Barat
Kendari - INDONESIA
KEPULAUAN RIAU
PT Lagoi Jaya Samudera
Jl. Nusantara KM 24 Lagoi
Kab. Bintan
Kepulauan Riau - INDONESIA
PT Karimun Jaya Samudera
Jl. Letjen Suprapto No. 31
Tanjung Balai Karimun
Kepulauan Riau - INDONESIA
KUALA TANJUNG
PT Kuala Jaya Samudera
PT Samudera Agencies Indonesia
Jl. Dusun VI Pandau Palas
Desa Lalang
Kec. Medang Deras, Kab. Batu Bara
Sumatera Utara 21258 - INDONESIA
P: (0622) 5341850
MAKASSAR
PT Samudera Agencies Indonesia
PT Masaji Kargosentra Tama
PT Silkargo Indonesia
PT Samudera Perdana
2023 ANNUAL & SUSTAINABILITY REPORT
169
Page 172
PT Makassar Jaya Samudera
PT Samudera Makassar Logistik
PT Perusahaan Pelayaran Nusantara
Panurjwan
Jl. Sungai Saddang No. 82
Makassar 90142 - INDONESIA
P: (0411) 854844
PT Masaji Tatanan Kontainer
Indonesia
Jl. Ir. Sutami No.24
Makassar - INDONESIA
P: +62 411 511836
MALUKU
PT Maluku Jaya Samudera
Jl. Poros RT 07 RW 02
Lauran, Tanimbar Selatan
Kepulauan Tanimbar
Maluku - INDONESIA
MATARAM
PT Mandalika Jaya Samudera
Gedung PELNI
Jl. Majapahit No. 2
Taman Sari, Ampenan
Mataram - INDONESIA
MEDAN
PT Samudera Agencies Indonesia
Samudera Logistics Center
Jl. Raya Pelabuhan Gabion, Belawan
Medan 20411 - INDONESIA
P: (061) 6940044
PT Masaji Tatanan Kontainer
Indonesia
Samudera Logistics Center
Jl. Raya Pelabuhan Gabion, Belawan
Medan 20411 - INDONESIA
P: (061) 6943660
PT Silkargo Indonesia
Samudera Logistics Center
Jl. Raya Pelabuhan Gabion, Belawan
Medan 20411 - INDONESIA
P: (061) 6940048
F: (061) 6944659
PT Samudera Perdana
Samudera Logistics Center
Jl. Raya Pelabuhan Gabion, Belawan
Medan 20411 - INDONESIA
P: (061) 6945845
F: (061) 6945843
170 PT SAMUDERA INDONESIA TBK
Page 173
PT Masaji Kargosentra Tama PT Masaji Tatanan Kontainer SEMARANG
Samudera Logistics Center Indonesia PT Silkargo Indonesia
Jl. Raya Pelabuhan Gabion, Belawan PT Samudera Perdana PT Samudera Agencies Indonesia
Medan 20411 - INDONESIA Depo Intirub MTKI Palembang Gedung Samudera Indonesia
P: (061) 6944111 Jl. Dr. Ir. Sutami RT 13 RW 04 Jl. Perkutut No. 2
F: (061) 6944333 Kel. Sei Selayur, Kec. Kalidoni Semarang - Kota Lama
Palembang Tanjung Emas
PT Samudera Deli Logistik Sumatera Selatan - INDONESIA Semarang 50174 - INDONESIA
PT Deli Jaya Samudera P: (024) 3544929
Samudera Logistics Center PALU F: (024) 3514237, 3551549
Jl. Raya Pelabuhan Gabion, Belawan PT Sulawesi Jaya Samudera
Medan 20411 - INDONESIA Jl. Baiya Raya No. 76 PT Masaji Kargosentra Tama
Baiya, Taweli Kawasan Industri Cipta Kav. 11
PADANG Palu 94142 - INDONESIA Jl. Arteri Yos Sudarso
PT Samudera Agencies Indonesia Kel. Bandarharjo, Kec. Semarang Utara
PT Padang Jaya Samudera PATIMBAN Semarang 50175 - INDONESIA
PT Samudera Minang Logistik PT Samudera Agencies Indonesia P: (024) 3522191
Jl. Ratulangi No. 10 Jl. Raya Pamanukan No. 97
Padang Barat, Padang Desa Kotasari PT Masaji Tatanan Kontainer
Sumatera Barat 25111 - INDONESIA Pusakanegara Indonesia
P: (0751) 893466 Subang 41255 - INDONESIA Kawasan Perdagangan & Jasa Dibya
Jaya Makmur
PT Masaji Tatanan Kontainer PEKANBARU Jl. Arteri Yos Sudarso
Indonesia PT Samudera Agencies Indonesia Tenggang Kel. Tambakrejo
Jl. Raya By Pass Teluk Bayur No. b27 PT Riau Jaya Samudera Semarang 50175 - INDONESIA
Parak Laweh Pulau Aia XX PT Samudera Riau Logistik
Lubuk Begalung, Padang Komplek Riau Business Centre PT Samudera Perdana
Blok F. 23 Jl. Walisongo No. 60
PALARAN Jl. Riau Tugurejo, Tugu
PT Pelabuhan Samudera Palaran Air Hitam, Payung Sekaki Semarang 50151 - INDONESIA
Jl. P. Diponegoro, RT 18 Kota Pekanbaru - INDONESIA P: (024) 7603573
Kel. Bukuan, Kec. Palaran Riau - 28292
Samarinda 75241 - INDONESIA P: (0761) 6700261 PT Galangan Kapal Yasa Wahana
P: (0541) 6212299 Tirta Samudera
F: (0541) 6212266, 6212288 PONTIANAK PT Wahana Jaya Samudera
PT Samudera Agencies Indonesia Jl. Deli No. 17
PT Samudera Golden Mitra PT Perusahaan Pelayaran Nusantara Pelabuhan Tanjung Emas
PT Samudera Mitra Depo Panurjwan Semarang 50174 - INDONESIA
Jl. P. Diponegoro, RT 22 PT Pontianak Jaya Samudera P: (024) 3549467
Kel. Bukuan, Kec. Palaran PT Samudera Kapuas Logistik
Samarinda 75241 - INDONESIA Jl. Merdeka No. 633B PT Tirang Jaya Samudera
P: (0541) 681660 Pontianak 78118 - INDONESIA Jl. Asahan No. 2
P: (0561) 761801 Tanjung Emas
PALEMBANG Semarang 50174 - INDONESIA
PT Samudera Agencies Indonesia SAMARINDA P: (024) 3542332
PT Silkargo Indonesia PT Samudera Agencies Indonesia
PT Samudera Sriwijaya Logistik PT Silkargo Indonesia PT Samudera Laksana Perdana
PT Musi Kali Jaya PT Samudera Perdana PT Taraka Jaya Samudera
Gedung Samudera Indonesia PT Kutai Jaya Pundinusa Jl. Walisongo No. 60
Jl. Jend. Sudirman Jl. Mulawarman Blok II No. 8 Tugurejo, Tugu
No. 3528/2083 KM 3,5 Samarinda 75113 - INDONESIA Semarang 50151 - INDONESIA
20 Ilir D III, Kec. Ilir Timur I P: (0541) 732964, 732965, 732966 P: (024) 7603573
Palembang 30129 - INDONESIA
P : (0711) 313616
2023 ANNUAL & SUSTAINABILITY REPORT
171
Page 174
SOLO PT Samudera Perdana WORLDWIDE
PT Silkargo Indonesia Jl Dumar Industri Blok i No. 2 OFFICE
Hartono Trade Center Margomulyo
Blok GR-A 09 Surabaya 60182 - INDONESIA INDIA
Jl. Ir Soekarno, Grogol, Solo Baru P: (031) 7498580 Samudera Shipping Line (India)
Jawa Tengah 57552 Pvt Ltd
P: (0271) 716711 PT Masaji Kargosentra Tama 402, 4th Fl, Rustomjee Aspiree
Pergudangan Waringin 65 Off Eastern Express Highway
SORONG Blok B&C No. B-1 Sion-Wadala Road, Sion
PT Samudera Energi Tangguh Jl. Margomulyo No. 65 B Mumbai 400022 - INDIA
Jl. Ahmad Yani Kel. Greges Kec. Asem Rowa P: (91) 22 6659 4700
Remu Utara, Kota Sorong Surabaya 60183 - INDONESIA F: (91) 22 6659 4748
Papua Barat- 98416 - INDONESIA P: (031) 99341894
Samudera Shipping Line (India)
PT Tangguh Jaya Samudera TARAKAN Pvt Ltd
PT Samudera Tangguh Logistik PT Tara Jaya Samudera 57/3, 3rd Fl, Armenian Street
Jl. Pramuka No. 8 PT Samudera Energi Tangguh Chennai 600001 - INDIA
Remu - Kodya Sorong PT Silkargo Indonesia P: (91) 44 4392 2600
Papua Barat Daya - INDONESIA Jl. Mulawarman RT 11 No. 12 F: (91) 44 4392 2611
SURABAYA Kel. Karang Anyar Pantai
Kec. Tarakan Barat Samudera Shipping Line (India)
PT Samudera Agencies Indonesia Tarakan 77111 - INDONESIA Pvt Ltd
PT Perusahaan Pelayaran Nusantara P: (0551) 21419 PS Arcadia Centrum
Panurjwan F: (0551) 21418 69, Park Street, 2nd Fl.
PT Silkargo Indonesia Kolkata 700016 - INDIA
PT Masaji Prayasa Cargo P: (91) 33 6674 1800
Gedung Samudera Indonesia TIMIKA
Jl. Tanjung Perak Timur 400 PT Timika Jaya Samudera Samudera Shipping Line (India)
Surabaya 60165 - INDONESIA Jl. Yos Sudarso RT 12 RW 00 Pvt Ltd
P: (031) 3293485 Nawaripi, Wania 2nd Fl, Ward No 12-B, Plot No 351
Kab. Mimika, Timika Gandhidham, Tagore Road
PT Ampel Jaya Papua - INDONESIA Kandla, Kachchh
PT Ampel Tally Jaya Gujarat 370201 - INDIA
PT Asta Rika Stuwarindo YOGYAKARTA
PT Samudera Energi Tangguh PT Samudera Yogyakarta Logistik Samudera Shipping Line (India)
PT Samudera Surabaya Logistik Jl. Padjajaran - Ring Road Utara No.23 Pvt Ltd
PT Galangan Samudera Madura Maguwoharjo, Depok, Sleman Office No.311 2nd Fl, Ram Complex
Jl. Perak Timur No. 260 DI Yogyakarta - 55282 - INDONESIA Near Terminal 4-Way Main Gate
Surabaya 60165 - INDONESIA P: (0274) 7378978 Pipavav Port
P: (031) 3297808/09 Rajula City, District Amreli
Gujarat 365560 - INDIA
KMTC Division
Plaza BRI Surabaya
Suite 1801
Jl. Basuki Rahmat 122-138
Surabaya 60271 - INDONESIA
P: (031) 5347899
PT Masaji Tatanan Kontainer
Indonesia
Jalan Greges Jaya III No. 2-4-6
Surabaya - INDONESIA
P : (031) 7497660
E : customer.sslog.sub@samudera.id
172 PT SAMUDERA INDONESIA TBK
Page 175
MALAYSIA LNG East-West Shipping Company Samudera Cargo Services LLC
Samudera Intermodal Sdn Bhd Pte Ltd Samudera Property Ltd
Suite P1.01A, Level P1 1st Harbourfront Place #13 -01 Office 1109, The Onyx Tower-1
Menara Trend Intan Millennium Square Harbourfront Tower One 098633 Sheikh Zayed Road, The Greens
No. 68, Jalan Batai Laut 4 Singapore Dubai, United Arab Emirates
Taman Intan, 41300 Klang, Selangor P: (971) 225 7363
Darul Ehsan THAILAND PO BOX 644269
Malaysia Samudera Traffic Co., Ltd.
P: (603) 3346 7338 3656/27-28 Green Tower VIETNAM
9th Floor, Rama 4 Road Samudera Shipping Line Ltd
Samudera Intermodal Sdn Bhd Klongton, Klongtoey 17th Fl, Unit No. 5, Pearl Plaza Building
Suite 17.05, 17th Floor, MWE Plaza Bangkok 10110 - THAILAND 561A Dien Bien Phu Str, Ward 25
No. 8, Lebuh Farquhar P: (662) 3673747-58 (12 lines of Binh Thanh District, Ho Chi Minh City
10200, Penang telephone) P: (84) 2835 128 668
Malaysia
P : (604) 2618133 UNITED ARAB
EMIRATES
Shal Hawk Silkargo Sdn Bhd Prime Maritime DWC LLC
Samudera Lautan Emas Sdn Bhd Samudera Logistics DWC-LLC
Suite P1.01B, Level P1 Office 416, Building E (A5)
Menara Trend Intan Millennium Square DWC Business Park
No. 68, Jalan Batai Laut 4 Dubai Aviation/Logistics City
Taman Intan, 41300 Klang, Dubai South, United Arab Emirates
Selangor Darul Ehsan P: (971) 225 7363
Malaysia PO BOX 644269
SINGAPORE Prime Maritime DWC LLC
Samudera Shipping Line Ltd Office No. 0-345, Building E
Samudera Tankers Pte Ltd Business Park, Dubai Logistics City
Ocean Ships Investment Pte Ltd Dubai World Central
Samudera Ship Management Pte Ltd PO BOX: 644269, Dubai
Ocean Technologies Pte Ltd
6 Raffles Quay # 25-01
Singapore 048580
P: (65) 64031687
Silkargo Logistics Pte Ltd
Foremost Maritime Pte Ltd
6, Raffles Quay # 25-02
Singapore 048580
P: (65) 62243633
2023 ANNUAL & SUSTAINABILITY REPORT
173
Page 176
Accountability Statement
Annual & Sustainability
Report 2022
This Annual & Sustainability Report, together with the Financial Statements and other relevant information, is
the responsibility of the Management of PT Samudera Indonesia Tbk and has been approved
by all members of the Board of Commissioners and the Board of Directors.
Jakarta, April 2024
BOARD OF COMMISIONERS
Masli Mulia Shanti Lasminingsih Poesposoetjipto Amir Abadi Jusuf
Commissioner President Commissioner Commissioner
Ken Narotama Hidayatullah Anugerah Pekerti Hoesen
Commissioner Independent Commissioner Independent Commissioner
DIRECTOR
Bani M. Mulia Ridwan Hamid
President Director Financial Director
Tara Hidayat F. Helianti Sastrosatomo
Human Capital Director Compliance Director
174 PT SAMUDERA INDONESIA TBK
Page 177
2023 ANNUAL & SUSTAINABILITY REPORT
175
Page 178
Feedback Form
We would like to ask all stakeholders to kindly provide feedback after reading this sustainability report by sending
email or send this form by mail and email.
Your Profile
Your Profile :
Name (if you please) :
Institution/Company Email :
Phone/Mobile :
Stakeholders Group
Government Media
NGO Academic
Corporate Investor
Community Others, please state
Please choose the most appropriate answer
1. This report is useful to you:
Very Disagree Disagree Neutral Agree Strongly Agree
2. This report describes the Company’s performance in sustainability development:
Very Disagree Disagree Neutral Agree Strongly Agree
3. This report is easy to understand:
Very Disagree Disagree Neutral Agree Strongly Agree
4. This report is interesting:
Very Disagree Disagree Neutral Agree Strongly Agree
5. This report increases your trust in the Company’s sustainability:
Very Disagree Disagree Neutral Agree Strongly Agree
Mohon berkenan mengisi:
1. Which part of this report is most useful to you :
2. Which part of this report is less useful to you :
3. Which part of this report is the most interesting to you :
4. Which part of this report is less interesting to you :
5. Please give us your advice/suggestions/comments on this report :
Thank you for your participation.
Kindly send this form to:
Corporate Secretary PT Samudera Indonesia Tbk
Jl. Letjen S. Parman Kav.35
Jakarta
Phone : (+62 21) 5480088
Website : samudera.id
Email : corporate.secretary@samudera.id
176 PT SAMUDERA INDONESIA TBK
Page 179
2023 ANNUAL & SUSTAINABILITY REPORT
177
Page 180
Reference to OJK Circular
Letter No. 16/SEOJK.04/2021
I HIGHLIGHTS OF KEY FINANCIAL INFORMATION PAGE
1. Highlights of Key Financial Information containing financial information in 08
comparative form throughout 3 (three) fiscal years or since the commencement of
business if the Issuer or Listed Company has been running its business activities
for less than 3 (three) years, at least contains:
a. Sales/revenue;
b. Gross profit (loss);
c. Profit (loss)
d. Net profit attributable to owners of the parent and non-controlling interest;
e. Total comprehensive profit (loss);
f. Net comprehensive profit (loss) attributable to owners of the parent and non-
controlling interest;
g. Profit (loss) per share;
h. Total assets;
i. Total liabilities;
j. Total equity;
k. Profit (loss) ratio to total assets;
l. Profit (loss) ratio to equity;
m. Profit (loss) ratio to revenue;
n. Current ratio;
o. Liabilities-to-equity ratio;
p. Liabilities- to-total assets ratio; and
q. Other relevant financial ratio and information about the Issuer or Listed
Company or its industry.
II SHARES INFORMATION
Information on Shares (if any) shall include at least: 10
1. “Shares issued for every quarter (if any) presented in the comparison of the latest
2 (two) fiscal years (if any), at least include:”
a. Number of issued shares;
b. Market capitalization based on the price on the Stock Exchange where shares
are listed;
c. Highest, lowest, and closing price based on the price on the Stock Exchange
where shares are listed; and
d. Transaction volume on the Stock Exchange where shares are listed.
2. In case of Corporate Actions, such as stock split, reverse stock, shares dividend, 10
bonus shares, and change in nominal value, issuance of convertible securities, and
capital issuance or withdrawal, the shares information referred to in point 1 shall
have explanations which included at least:
178 PT SAMUDERA INDONESIA TBK
Page 181
PAGE
a. The execution date of corporate action;
b. Ratio of the stock split, reverse stock, share dividend, bonus share, number of
the issued convertible securities, and change in nominal value;
c. Shares volume issued before and after corporate actions; and
d. The number of executed convertible securities (if any); and
e. Shares price before and after corporate actions.
3. In case of suspended stock trading and/or delisting in the fiscal year, the 11
Issuer or Listed Company shall explain the reason for such suspension and/or
delisting.
4. In case of stock suspension as referred to point 3 and/or delisting process is still 11
in progress at the end of Annual Report period, the Issuer or Listed Company
shall explain the actions of the Company to resolve such stock suspension and/or
delisting.
III REPORT OF THE DIRECTORS
The Directors’ Report shall include at least:
1. The Issuer’s or Listed Company’s Performance, at least includes: 26-37
a. Strategy and strategic policy of Issuer or Listed Company;
b. The Directors’ role in establishing strategy and strategic policy of the Issuer or
Listed Company;
c. Process implemented by the Directors to ensure the implementation of the
strategy of the Issuer or Listed Company;
d. Comparison between the achievement of results and targets; and
e. Challenges faced by the Issuer or Listed Company.
2. An overview of Business Prospects. 36
3. Implementation of Good Corporate Governance by the Issuer or Listed 34
Company.
IV REPORT OF THE BOARD OF COMMISSIONERS
Report of the Board of Commissioner shall include at least:
1. Assessment on the Performance of the Directors in managing the Company, 18-24
including the Board of Commissioners’ supervision in the Directors’ establishing
and implementing strategy of the Issuer or Listed Company;
2. View on the Prospects of the Issuer or Listed Company as established by the 23
Directors.
3. View on the Implementation of Issuer’s or Listed Company’s Governance. 23
2023 ANNUAL & SUSTAINABILITY REPORT
179
Page 182
V COMPANY PROFILE PAGE
Profile of Issuer or Listed Company shall include at least:
1. Name of the Issuer or Listed Company, including if there is a change of name, 40
the reason for the change, and the effective date of the name change in the fiscal
year.
2. Access to the Issuer or Listed Company including branch office or representative 40
office which allows the public to obtain information about the Issuer or Listed
Company, including:
a. Address;
b. Phone number;
c. E-mail address; and
d. Website address;
3. Brief History of Issuer or Listed Company 43
4. Vision and mission of the Issuer or Listed Company, and corporate culture or 42
values.
5. Business Activities according to the latest articles of association, business 46
activities carried on in the fiscal year, and type of products and/or services
provided.
6. Operating Area of the Issuer or Public Company. Operating areas are areas 48
whereas the Company does its business activities or covered by the activities
7. Organizational Structure of Issuer or Listed Company in the form of a chart, 55
giving the names and titles and at least up to 1 (one) level below the Directors,
including committees under the Directors (if any) and committees under the Board
of Commissioners.
8. Lists of membership in industry-related associations, national and international, 54
related to the sustainable finance implementation.
9. Profile of the Directors, at least includes: 64-70
a. Name and position in accordance with the duties and responsibilities;
b. Latest picture;
c. Age;
d. Citizenship;
e. Educational history and/or certification;
f. Work experience, includes:
1) legal basis for the appointment of Directors’ members;
2) concurrent position; and
3) work experience as well as the working period both inside or outside the
Issuer or Listed Company;
g. Affiliate relationships with another member of the Directors, Board of
Commissioners’ members, and ultimate shareholders (if any) including the
name of affiliated parties;
h. Changes in the Composition of the Directors’ Members and the reason for
such changes. In the event that there is no change in the composition of the
members of the Directors, this matter shall be disclosed;
180 PT SAMUDERA INDONESIA TBK
Page 183
PAGE
10. Profile of the Board of Commissioners, at least 56-60
a. Name and position in accordance with the duties and responsibilities;
b. Latest picture;
c. Age;
d. Citizenship;
e. Educational history and/or certification;
f. Work experience, includes:
1) legal basis for the appointment of Board of Commissioners’ members;
2) legal basis for the first appointment of Board of Commissioners’ members
as Independent Commissioner in the Issuer or Listed Company concerned;
3) concurrent position; and
4) work experience as well as the working period both inside or outside the
Issuer or Listed Company;
g. Hubungan afiliasi dengan anggota Dewan Komisaris lainnya, pemegang saham
utama, dan pengendali baik langsung maupun tidak langsung sampai kepada
pemilik individu, meliputi nama pihak yang terafiliasi;
h. Pernyataan independensi Komisaris Independen dalam hal Komisaris
Independen telah menjabat lebih dari 2 (dua) periode; dan
i. Perubahan komposisi anggota Dewan Komisaris dan alasan perubahannya.
11. In case of a change in the composition of the Directors and/or the Board 108
of Commissioners that occurred after the fiscal year ends until the deadline for
submission of the Annual Report, then the structure set out in the Annual Report is
the recent and previous composition of the Directors members and/or the Board
of Commissioners’ members.
12. The number of Employees categorized based on gender, position, age, 149
educational level, and work status (permanent/ contract) in the fiscal year.
13. The names of Shareholders and percentage of ownership at the start and end 50
of the financial year, which consists of:
a. Shareholders owning 5% (five percent) or more shares of the Issuer or Listed
Company;
b. Member of the Directors and Board of Commissioners who hold shares of the
Issuer or Listed Company; and
c. Public shareholders, a group of shareholders who each own less than 5% (five
percent) of the shares of Issuer or Listed Company.
14. Percentage of indirect ownership of shares of Issuers or Listed Companies 52
by members of the Directors and the Board of Commissioners at the start and
end of the financial year, including information on shareholders registered in
the shareholder register for the benefit of indirect ownership of members of the
Directors and members of the Board of Commissioners.
15. The number of Shareholders and the percentage of ownership as of the end of 51
the fiscal year based on the classification:
a. Local institution ownership;
b. Foreign institution ownership;
c. Local individual ownership; and
d. Foreign individual ownership;
2023 ANNUAL & SUSTAINABILITY REPORT
181
Page 184
PAGE
16. Information on the Major and Controlling Shareholders of the Issuer or Listed 52
Company, either directly or indirectly, to the individual owners, presented in the
form of schemes or charts.
17. Name of Subsidiaries, Associates, Joint Venture Company in which the Issuer 76
or Listed Company has joint controlled entities (if any), along with shareholding
percentage, line of business and status of such subsidiaries, associates, joint
venture company.
For subsidiaries, please add information about the address.
18. Chronology of Share Listing, number of shares, nominal value, and the offering 50
price from the beginning of listing until the end of fiscal year and name of the
stock exchange where the Issuer’s or Listed Company’s share is listed, including
stock split, reverse stock, stock dividend, stock bonus, and changes in nominal
stock value, executed convertible securities, completed capital addition and
withdrawal (if any).
19. Information on other Securities listing other than Securities referred to in point 51
18, that has not been due, which at least includes the name of Securities, year of
issuance, interest/return rate, maturity date, offering value, and Securities rating (if
any).
20. Information on the Service Rendered by Public Accountants (AP) and Public 123
Accounting Firms (KAP) and their networks/associations/allies include:
a) name and address;
b) assignment period;
c) information on audit and/or non-audit services rendered;
d) audit and/or non-audit fees for each assignment given during the financial
year; and
e) in the event that AP and KAP and their network/association/alliance, which are
appointed do not provide non-audit services, then the information is disclosed.
21. Name and address of Capital Market Institutions and/or Supporting 53
Professions other than AP and KAP.
VI MANAGEMENT DISCUSSION AND ANALYSIS
1. Operational Review per Business Segment in accordance with the type of 89
industry of the Issuer or Listed Company, contains at least:
a. Production,which includes the process, capacity, and development;
b. Revenue/sales; and
c. Profitability.
2. Comprehensive Financial Performance analysis which includes a comparison 91-96
between the last 2 (two) fiscal year, explanation about the cause of changes and
the impact, among others concerning:
a. Current assets, non-current assets, and total assets;
b. Short-term liabilities, long-term liabilities, and total liabilities;
c. Equity;
182 PT SAMUDERA INDONESIA TBK
Page 185
PAGE
d. Revenue/sales, expense, profit/loss, other comprehensive income, and total of
comprehensive income/loss; and
e. Cash flow.
3. Ability to Pay Debt or Liabilities by presenting relevant ratio calculations. 95
4. The Collectability level of the Issuer or Listed Company by presenting relevant 95
ratio calculation.
5. Capital Structure and management policy on such capital structure with the basis 95
for determining such policy.
6. Discussion on Material Ties for the Investment of Capital Goods with 96
description includes at least:
a. The purpose of the ties;
b. Source of funds expected to fulfill the said ties;
c. Currency of denomination; and
d. Steps taken by the Issuer or Listed Company to protect the risk against the
position of related foreign currency.
7. Discussion on Capital Goods Investment Realized in the last fiscal year, at least 96
includes:
a. Type of capital goods investment;
b. Objective of capital goods investment; and
c. The investment value of capital goods
8. Significant Information and Fact Subsequent to the Accountant’s Report Date 97
(if any).
9. Business prospects of the Issuer of Listed Company in connection with the 98
condition of the industry, the economy in general, and the international market
supported by quantitative data from a reliable data source.
10. Comparison between Target/Projection in the beginning of the fiscal year and the 99
achieved result (realization), which includes:
a. Revenue/sales;
b. Profit (loss);
c. Capital structure; or
d. Other issues that are considered important for the Issuer or Listed Company.
11. Issuer’s or Listed Company’s Target/Projection in 1 (one) year, which includes: 99
a. Revenue/sales;
b. Profit (loss);
c. Capital structure;
d. Dividend policy; or
e. Other issues that are considered important for the Issuer or Listed Company.
12. Marketing Aspect for the product and service of Issuer or Listed Company, such 98
as: marketing strategy and market share.
2023 ANNUAL & SUSTAINABILITY REPORT
183
Page 186
PAGE
13. Uraian mengenai Dividen selama 2 (dua) tahun buku terakhir (jika ada), paling 96
sedikit:
a. Kebijakan dividen;
b. Tanggal pembayaran dividen kas dan/atau tanggal distribusi dividen non kas;
c. Jumlah dividen per saham (kas dan/atau non kas); dan
d. Jumlah dividen per tahun yang dibayar.
14. Actual Use of Proceeds from the Public Offering, provided that: 96
a. In the event that during fiscal year, the Issuer has the obligation to report realization
of the use of proceeds, thus the cumulative use of the proceeds from the Public
Offering shall be disclosed until the last fiscal year; and
b. In the event of any changes the use of proceeds as stipulated in the Regulation of
Financial Services Authority on Report on Realization of the Use of Proceeds from
Public Offerings, Issuers shall explain such changes.
15. Material Information (if any) regarding investments, expansion, divestment, 97
business merger/takeover,acquisition, debt/equity restructuring, material
transaction, affiliated transaction, and transaction that contains conflict of interest
occurred in fiscal year, among others includes:
a. Date, value, and object of transaction;
b. Name of the parties conducting transaction;
c. Nature of affiliation (if any);
d. Description about transaction fairness; and
e. Relevant regulation compliance
f. In the case of affiliated relations present, the Issuer or Listed Company shall
disclose information other than refered to in point a to e as follows:
(1) the Directors’ statement that the affiliated transactions have been
processed through adequate procedures in accordance to the general
business practices, i.e. with armslength principle; and
(2) the roles of the Board of Commissioners and audit committee is adequate
to ensure that the affiliated transactions have been implemented in
accordance to the general business practices, i.e. with armslength
principles.
g. Affiliated transactions and material transactions that generate recurring and/or
sustainable revenues, shall be explained that the transactions are implemented
to generate recurring and/or sustainable revenues.
h. disclosure on affiliated transactions and/or transaction with conflict of interest
that have been approved by independent shareholders, shall have explanation
on the date of the general meeting of shareholders that approving the
affiliated transactions and/or transaction with conflict of interest.
i. in the absent of affiliated transaction and/or transaction with conflict of
interest, disclose the absence of such transaction.
16. Changes in Regulation which have a significant impact on the Issuer and Listed 97
Company and the impact on financial statements (if any); and
17. Changes in the Accounting Policy, reason and its impact on financial statements 97
(if any).
184 PT SAMUDERA INDONESIA TBK
Page 187
VII CORPORATE GOVERNANCE PAGE
Governance of Issuer or Listed Company shall contain at least a brief description about:
1. GMS 104
a. information on GMS resolution in the financial year and 1 (one) year prior to
the financial year
b. In the event of the Issuer or Public Company uses independent party for voting
count
2. The Directors, include, among others: 110
a. The duties and responsibilities of each member of the Directors;
b. A statement that the Directors has the Directors’ guidelines or charter;
c. Policy and the implementation of the Directors meeting frequency, including
meeting with Board of Commissioners, and attendance of the Directors in such
meeting;
d. trainings and/or competence development of the members of the Directors
g. The assessment on the performance of committee which supports the
implementation of the Directors’ duties; disclose a situation where there is no
committee under the Directors
3. The Board of Commissioners, include, among others: 108
a. The duties and responsibilities of each member of the Board of
Commissioners;
b. Statement that the Board of Commissioners has the Board of Commissioners’
guidelines or charter;
c. Policy and the implementation of the Board of Commissioners meeting
frequency, including meeting with the Directors, and level of attendance of the
members of the Board of Commissioners in such meeting;
d. trainings and/or competence development of the members of the Board of
Commissioners
e. Issuer’s or Listed Company’s policy on the assessment of the performance of
the Directors’ and Board of Commissioners’ members and its implementation,
which includes at least:
1) procedure of performance assessment;
2) the criteria used; and
3) the party carrying out the assessment;
f. The assessment on the performance of committee which supports the
implementation of the Board of Commissioners’ duties; including:
(1) performance assessment procedure
(2) usable criteria
4. Nomination and Remuneration of the Directors and the Board of 110
Commissioners
a. The nomination procedure, including a brief description of the policies and
process for nomination of members of the Directors and/or the Board of
Commissioners
b. Procedures and implementation of remuneration for Directors and
Commissioners, among others:
(1) procedures for determining remuneration for the Board of Directors and
the Board of Commissioners
(2) the remuneration structure of the Board of Directors and the Board of
Commissioners, such as salaries, allowances, bonuses/bonuses, and others
(3) The amount of remuneration for each member of the Board of Directors
and the Board of Commissioners
2023 ANNUAL & SUSTAINABILITY REPORT
185
Page 188
PAGE
5. Sharia Supervisory Board, for Issuer or Listed Company which carries out -
business activity based on sharia principle as stated in the article of association.
6. Audit Committee, includes, among others: 112
a. Name and position in the committee;
b. Age
c. Citizenship;
d. Educational history;
e. Work experience, which includes information:
1) basis for the appointment as member of the committee;
2) concurrent position, either as member of the Board of Commissioners,
member of the Directors, and/or committee member as well as other
position (if any); and
3) work experience and working period both inside and outside the Issuer or
Listed Company;
f. Period and tenure of members of the Audit Committee;
g. Statement of Independence of the Audit Committee;
h. Policy and implementation regarding the frequency of Audit Committee
meetings and the attendance of members of the Audit Committee at these
meetings;
i. Training attended in the fiscal year (if any); and
j. Implementation of Audit Committee’s activity during the fiscal year in
accordance with the Audit Committee guideline or charter;am pedoman atau
piagam (charter) Komite Audit;
7. Nomination and Remuneration Committee, which includes: 115
a. Name and position in the committee;
b. Age;
c. Citizenship;
d. Educational history;
e. Work experience, which includes information:
1) basis for the appointment as member of the committee;
2) concurrent position, either as member of the Board of Commissioners,
member of the Directors, and/or committee member as well as other
position (if any); and
3) work experience and working period both inside and outside the Issuer or
Listed Company;
f. Period and tenure of member of committee;
g. Description of duties and responsibilities;
h. Statement of the committee’s guidelines or charter;
i. Statement of independence of the committee;
j. Policy and implementation regarding the frequency of Committee meetings
and the attendance of members of the Committee at these meetings;
k. Training attended in the fiscal year (if any); and
l. Brief description of the implementation of committee’s activity during the fiscal
year;
m. in the event that no nomination and remuneration committee is formed, it is
sufficient for the Issuer and Public Company to disclose:
(1) reason not formed and
(2) parties carrying out nomination and remuneration functions
186 PT SAMUDERA INDONESIA TBK
Page 189
PAGE
8. Other Committees that the Issuer or Listed Company have in order to support 116
the function and duties of the Directors and/or Board of Commissioners,
which includes:
a. Name and position in the committee;
b. Age;
c. Citizenship;
d. Educational history;
e. Work experience, which includes information:
1) basis for the appointment as member of the committee;
2) concurrent position, either as member of the Board of Commissioners,
member of the Directors, and/or committee member as well as other
position (if any); and
3) work experience and working period both inside and outside the Issuer or
Listed Company;
f. Period and tenure of member of committee;
g. Description of duties and responsibilities;
h. Statement of the committee’s guidelines or charter;
i. Statement of independence of the committee;
j. Policy and implementation regarding the frequency of Committee meetings
and the attendance of members of the Committee at these meetings;
k. Training attended in the fiscal year (if any); and
l. Brief description of the implementation of committee’s activity during the fiscal
year;
9. Corporate Secretary, among others includes; 117
a. Name;
b. Domicile;
c. Work experience, which includes information:
1) basis for the appointment as the Corporate Secretary;
2) work experience and working period both inside and outside the Issuer or
Listed Company;
d. Educational history;
e. Training attended in the fiscal year (if any); and
f. Brief description of the duties implementation ofCorporate Secretary in the
fiscal year;
10. Internal Audit Unit, among others includes: 117
a. Name of head of Internal Audit Unit;
b. Work experience, which includes information:
1) Basis for the appointment as the head of Internal Audit Unit; and
2) Work experience and working period both inside and outside the Issuer or
Listed Company;
c. Qualification and certification as internal auditor (if any);
d. Training attended in the fiscal year;
e. Structure and position of the Internal Audit Unit;
f. Description of duties and responsibilities;
g. Statement of Internal Audit Unit’s guidelines or charter; and
h. Brief description of the implementation of the duties of the Internal Audit Unit
in the fiscal year;
2023 ANNUAL & SUSTAINABILITY REPORT
187
Page 190
PAGE
11. Description about Internal Control System implemented by the Issuer or Listed 120
Company, at least includes:
a. Financial and operational control, as well as compliance towards other
regulations; and
b. Review of the effectiveness of internal control system;
c. statement of the Board of Directors and/or Board of Commissioners on the
adequacy of the internal control system
12. Risk Management System implemented by the Issuer or Listed Company, at least 121
includes:
a. General description about the Issuer’s or Listed Company’s risk management
system;
b. Type of risk and its management; and
c. Review of the effectiveness of Issuer or Listed Company’s risk management;
d. statement of the Directors and/or Board of Commissioners on the adequacy of
the risk management
13. Important Cases encountered by Issuer or Listed Company, subsidiary entities, 124
members of Directors and Board of Commissioners, includes, among others:
a. Subject of the case/claim;
b. Status of settlement of case/claim; and
c. Potential impacts on the condition of the Issuer or Listed Company;
14. Information about Administrative sanctions imposed on the Issuer or Listed 124
Company, member of the Board of Commissioners and Directors, by the Capital
Market authority and others in the last fiscal year (if any);
15. Information about Issuer’s or Listed Company’s Code of Conduct which includes: 124
a. Principles of the code of conduct;
b. Form of dissemination of code of conduct and its enforcement attempt; and
c. Statement that the code of conduct is applicable to the members of the
Directors, Board of Commissioners, and employees of the Issuer or Listed
Company;
16. Description of the long-term performance-based compensation policy for 124
management and/or employees
17. A brief description of the information disclosure policy regarding: 124
a. share ownership of members of the Board of Directors and members of the
Board of Commissioners
b. implementation of the said policy
18. Description of Whistleblowing System in the Issuer and Listed Company (if any), 125
includes, among others:
a. Mechanism of whistleblowing system;
b. Protection for the whistleblower;
c. Complaint handling;
d. Party that manages the complaint; and
e. Result of complaint handling, at least includes:
1) Number of incoming and processed complaints in the fiscal year; and
2) Complaint follow-up;
188 PT SAMUDERA INDONESIA TBK
Page 191
PAGE
19. Description of the anti-corruption policy of the Issuer or Public Company 125
20. Implementation Corporate Governance Guidelines for the Issuer or Listed 126
Company which issues Equity-type Shares, which includes:
a. Statement regarding the recommendations that have been implemented; and/or
b. Explanation of recommendations that have not been implemented, as well as
the reason and implementation alternatives (if any);
IX AUDITED FINANCIAL STATEMENTS
The annual financial statements contained in the Annual Report are prepared in in Separate
accordance with the Financial Accounting Standard in Indonesia and have been Attachment
audited by Accountant. The financial report referred to, contains a statement
regarding the accountability for the financial report stipulated in the laws and
regulations in the Capital Market sector that govern the responsibilities of the
Directors for the financial statements or laws and regulations in the Capital Market
sector that regulate the periodic reports of Securities Companies in the event the
Issuer is a Securities Company; and
X STATEMENTS OF THE MEMBERS OF DIRECTORS AND BOARD OF
COMMISSIONERS ON RESPONSIBILITY FOR THE ANNUAL REPORT
The statement of the members of Board of Commissioners on the responsibility for in Separate
the Annual Report are prepared in accordance with the format of the Statement Attachment
of the members of the Directors and members of the Board of Commissioners on
Responsibility for the Annual Report as stated in the Appendix which is an integral
part of this Circular Letter of Financial Services Authority.
2023 ANNUAL & SUSTAINABILITY REPORT
189
Page 192
Reference to OJK Regulations
No. 51/POJK.03/2017
A SUSTAINABILITY STRATEGY PAGE
A.1 Elaboration on Sustainability Strategy 133
B SUMMARY OF SUSTAINABILITY ASPECT PERFORMANCE
B.1 Economic aspects: 09
a) Quantity of products or services offered;
b) Revenue or sales;
c) Net profit or loss;
d) Environmental-friendly products; and
e) Engagement of local stakeholders concerning the Sustainable Finance business
process;
B.2 Environmental Aspects: 09
a) Energy consumption;
b) Total emission reductions;
c) Reduction of waste and effluents;
d) Biodiversity conservation
B.3 Social Aspects: 09
A description of the positive and negative impacts out of Sustainable Finance application
on community and environment (including people, regions, and funds)
C BRIEF COMPANY PROFILE
C.1 Vision, mission, and sustainability values 42
C.2 Name, address, telephone number, fax number, e-mail adress, and website/web, 40
as well as branch and/or representative offices
C.3 Enterprise scale: 46-49
a) Total assets or asset capitalization, and total liabilities (in millions of rupiah); 149-150
b) The number of employees by gender, position, age, education, and employment
status;
c) Shareholding percentage (public and government); and
d) Operational area
C.4 Short description on products, services, and business activities; 46
C.5 Membership in association; 54
C.6 Significant changes, such as those relating to branch office closure or opening 97
and ownership structure.
190 PT SAMUDERA INDONESIA TBK
Page 193
D REPORT OF THE DIRECTORS PAGE
D.1 Policy to respond to challenges in meeting the sustainability strategy, that must 33
cover at least the following:
a) Elaboration the Company’s sustainability values
b) Elaboration on the Company’s responses towards issues concerning to the
implementation of Sustainable Finance.
c) Elaboration on commitment of Company leadership in achieving Sustainable
Finance application;
d) Achievement of Sustainable Finance application performance; and
e) Challenges in Sustainable Finance application performance achievement;
f) Explaination of the Company’s response to issues related to application of
Sustainable Finance;
D.2 Application of Sustainable Finance: 26
a) Achievement of Sustainable Finance application (economic, social, and
environmental) against targets; and
b) Elaboration on achievements and challenges including notable events during the
reporting period (in case FSI required to make Sustainable Finance Action Plan);
D.3 Target achievement strategy: 26
a) Risk management due to the application of Sustainable Finance related to
economic, social and environmental aspects.
b) Utilization of business opportunities and prospects; and
c) Description on economic, social and environmental external situations that have
the potential to affect the Company’s sustainability
E SUSTAINABILITY GOVERNANCE
E.1 Description of tasks performed by Directors and Board of Commissioners, employees, 103
officers and/or work units who are responsible for the implementation of Sustainable
Finance
E.2 Development of Directors’ competencies, Board of Commissioners, employees, 110-112
officers and/or work units responsible for implementing Sustainable Finance.
E.3 Elaboration on procedure that Company applies in identifying, measuring, monitoring 121
and controlling risks for the implementation of Sustainable Finance related to
economic, social and environmental aspects, including the role of the Directors and
the Board of Commissioners in managing, conducting periodic reviews, and analyzing
the effectiveness of the Company’s risk management process.
E.4 Description on stakeholders that includes: 138
1) Stakeholder involvement based on management assessment results.
2) The approach used by the Company in involving stakeholders in the application of
Sustainable Finance.
E.5 Problems faced, progress, and influence to the implementation of Sustainable 138
Finance.
2023 ANNUAL & SUSTAINABILITY REPORT
191
Page 194
F SUSTAINABILITY PERFORMANCE PAGE
F.1 Sustainable culture development activities in the Company 22
F.2 Economic performance: 22
a) Comparison of targets to performance of production, portfolio, financing targets,
or investments, revenue as well as profit and loss
b) Comparison of target to performance of portfolio, financing target, or investments
in financial instruments or projects in line with the implementation of Sustainable
Finance.
F.3 Social performance:
1) The Company’s commitment to provide services for equal products and / or 165
services to consumers.
2) Community: 156
a. Information on operational activities or area producing positive and negative
impacts on local community including financial literacy and inclusion;
b. Mechanism of community complaints and number of community complaints
received and acted upon; and
c. CSR relatable to supports sustainable development objectives including
community empowerment programme activity achievements.
3) Employment: 146
a. Equality of employment opportunities and the presence or absence of forced
labor and child labor;
b. Percentage of permanent employee remuneration at the lowest level of the
regional minimum wage.
c. Decent and safe work environment; and
d. Training and development of employee skills
F.4 Environmental Performance:
1) Environmental costs that incur; 146
2) Description on the use of environmentally friendly materials such as material of 31 & 138
recyclable type; and
3) Description on the use of energy, at least include: 140
a. Amount and intensity of energy consumed; and
b. Efforts and achievement made for energy efficiency including the use of
renewable energy sources;
F.5 Environmental Performance for Companies whose business processes are
directly related to the environment:
1) The performance under point F.4 above;
2) Information on operational activities or areas producing positive and negative 143
impacts on the surrounding environment, especially efforts to increase the
carrying capacity of ecosystems;
3) Biodiversity, including at least: 143
a. Impacts from operational areas close to or in conservation areas or that contain
biodiversity; and
b. Biodiversity conservation business carried run, including protection of flora or
fauna species;
4) Emissions, including at least: 141
a. Amount and intensity of emission produced by type; and
b. Efforts and achievements of emission reductions carried out;
192 PT SAMUDERA INDONESIA TBK
Page 195
PAGE
5) Waste and effluent, containing at least: 144
a. Amount of waste and effluent produced by type;
b. Waste and effluent management mechanisms; and
c. Spillage (if any); and
6) Number and material of environmental complaints received and resolved. 157
F.6 Sustainable Finance product and/or service development responsibility at least 165
include:
1) Sustainable Finance product and/or service innovation and development
2) Number and percentage of products and services having undergone safety test
for customers;
3) Positive and negative impacts caused by Sustainable Financial products and/or
services and the distribution process, as well as mitigation undertaken to mitigate
negative impacts;
4) Number of products recalled and the reasons; or
5) Customer satisfaction survey of Sustainable Financial products and/or services.
F.7 Written verification from independent parties (if any) 165
LAPORAN
2023 ANNUAL
TAHUNAN& SUSTAINABILITY
& KEBERLANJUTANREPORT
2023
193
Page 196
194 PT SAMUDERA INDONESIA TBK
Page 197
2023 ANNUAL & SUSTAINABILITY REPORT
195
Page 198
PT SAMUDERA INDONESIA TBK 2023 ANNUAL & SUSTAINABILITY REPORT samudera.id 04 PT SAMUDERA INDONESIA TBK
Names mentioned 256 people and organisations named in the text · linked when the evidence is strong
unresolved
org
PT SAMUDERA
p.2 ×18
unresolved
org
Financial Services Authority
p.5 ×8
unresolved
org
PT ISTA Rasa Indonesia. Aug
p.16
unresolved
org
Established Samudera Ships Investment Pte Ltd.
p.17
unresolved
person
Notary Soeleman Ardjasasmita
p.42
unresolved
person
Notary Jessy Darmawan
p.42 ×6
unresolved
org
NVPD Soedarpo Corporation
p.45
unresolved
org
Indonesia Stevedoring Ltd
p.45
unresolved
org
PT Sinar Harapan Veem Indonesia
p.45
unresolved
org
PT Perusahaan Pelayaran Samudera
p.45 ×2
unresolved
org
Samudera Shipping Line Ltd
p.46 ×6
unresolved
org
Bulk Terminal Operator SERVICES LLC
p.48
unresolved
org
PT SAMUDERA PELABUHAN NUSANTARA PANURJWAN
p.48
unresolved
org
PVT LTD
p.48 ×3
unresolved
org
PT SAMUDERA SARANA SAMUDERA SHIPPING LINE LTD TERMINAL
p.48
unresolved
org
INDONESIA SAMUDERA TRAFFIC CO LTD
p.48
unresolved
org
PT SAMUDERA AGENCIES
p.48
unresolved
org
PT PRIMA NUR PANURJWAN SHIP MANAGEMENT FOREMOST MARITIME
p.48
unresolved
org
PTE LTD
p.48 ×12
unresolved
org
PT SAMUDERA PERKAPALAN
p.48
unresolved
org
PT TANGGUH SAMUDERA JAYA INDONESIA LNG EAST-WEST SHIPPING
p.48
unresolved
org
PT SAMUDERA SHIPPING
p.48 ×2
unresolved
org
PT ASTA RIKA STUWARINDO SERVICES PRIME MARITIME DWC
p.48
unresolved
org
PT SAMUDERA GOLDEN MITRA INDONESIA SAMUDERA SHIP MANAGEMENT
p.48
unresolved
org
PT SAMUDERA ASAHI SHIPPING
p.48 ×2
unresolved
org
PT SAMUDERA MITRA DEPO SAMUDERA TANKERS PTE LTD
p.48
unresolved
org
SAMUDERA SHIPS INVESTMENT PTE LTD
p.48
unresolved
org
OCEAN SHIPS INVESTMENT PTE LTD
p.48 ×2
unresolved
org
PT SAMUDERA SARANA
p.49
unresolved
org
PT SAMUDERA PROPERTI LOGISTIK
p.49
unresolved
org
PT SAMUDERA LAKSANA
p.49 ×2
unresolved
org
SAMUDERA LOGISTICS SAMUDERA PROPERTY LTD
p.49
unresolved
org
DWC LLC
p.49 ×2
unresolved
org
PT SAMUDERA LOGISTICS
p.49
unresolved
org
PT SAMUDERA PERDANA SERVICES
p.49
unresolved
org
PT MARUZEN SAMUDERA
p.49
unresolved
org
PT PRAWEDA SARANA
p.49 ×2
unresolved
org
PT ADIB COLD LOGISTIC TAIHEIYO
p.49
unresolved
org
PT MASAJI KARGOSENTRA
p.49
unresolved
org
PT SAMUDERA JWD LOGISTICS
p.49 ×2
unresolved
org
PT ISTA INDONESIA TAMA SHAL HAWK SILKARGO
p.49
unresolved
org
PT MASAJI TATANAN
p.49
unresolved
org
PT SAMUDERA INDONESIA KONTAINER INDONESIA
p.49
unresolved
org
PT ISTA RASA INDONESIA
p.49 ×3
unresolved
org
Indonesia Stock Exchange
p.52 ×3
unresolved
person
SHANTI
LASMININGSIH | 33,33%
POESPOSOETJIPTO
p.54 ×3
unresolved
org
PT SHARESTAR INDONESIA SOPO DEL Office Tower
p.55
unresolved
org
Sentral Efek Indonesia
p.55
unresolved
person
Fathiah Hemi
p.55
unresolved
org
YOUNG GLOBAL LIMITED
p.55 ×11
unresolved
org
Rendered services
p.55
unresolved
—
Assignment period
p.55
unresolved
org
PT PEMERINGKAT EFEK INDONESIA
p.55
unresolved
org
Moya Holding Asia Limited
p.58
unresolved
org
PT Jakarta Propertindo
p.58
unresolved
org
PT PLN (Persero)
p.58
unresolved
org
Minister of Mining and Energy
p.58
unresolved
org
PT Tambang Timah (Persero)
p.58
unresolved
org
PT Tambang Batubara Bukit Asam (Persero)
p.58
unresolved
org
Yayasan Konservasi Alam Nusantara
p.60
unresolved
org
Yayasan Fitrah Bisnis Keluarga Nusantara
p.60
unresolved
org
Yayasan Pendidikan
p.60
unresolved
org
Singaswiss Event Services Pte. Ltd.
p.60
unresolved
org
Indonesia Tbk
p.60 ×6
unresolved
org
PT Inter Pariwara Global
p.60
unresolved
org
PT NBU Indonesia Utama
p.60 ×3
unresolved
—
Bani M. Mulia
· President Director
p.60 ×4
unresolved
org
PT Samudera Wadah Mitra
p.61
unresolved
org
Executive Samudera Shipping Line Ltd
p.61
unresolved
org
PT Kliring Penjaminan Efek
p.62 ×2
unresolved
org
PT Praweda Ciptakarsa
p.62
unresolved
org
PT NBU Mitra Manajemen
p.62
unresolved
org
Sumbermas Sarana Tbk
p.62
unresolved
org
Bank Indonesia
p.62 ×4
unresolved
org
PT NBU Investama Indonesia
p.62
unresolved
org
Danareksa Investment Tbk
p.62 ×2
unresolved
org
PT Bayu Buana Gemilang
p.62
unresolved
org
Bank Universal Tbk
p.62 ×2
unresolved
org
Bank Tiara Tbk
p.62 ×2
unresolved
org
PT Kliring Penjaminan Efek Indonesia
p.62
unresolved
org
PT Kliring Penjaminan Efek Indonesia Organization Activity
p.62
unresolved
org
Ministry of Research and Technology
p.62
unresolved
org
Decision Letter No. Tbk
p.64
unresolved
org
PT Asuransi Bina Dana Universitas Indonesia
p.64
unresolved
org
Arta Tbk
p.64
unresolved
org
PT Asuransi Tugu
p.64
unresolved
org
PT GoTo
p.64
unresolved
org
Pratama Indonesia Tbk
p.64
unresolved
org
PT Industri Jamu
p.64
unresolved
org
Farmasi Sido Muncul Tbk
p.64
unresolved
org
PT Goodyear Perdagangan Indonesia
p.64
unresolved
org
PT Bank Jabar
p.64
unresolved
org
Banten Tbk
p.64
unresolved
org
PT Holcim
p.67 ×2
unresolved
org
Holcim Indonesia Tbk
p.67 ×3
unresolved
org
PT Holcim Beton
p.67
unresolved
org
PT Lafarge International Container Terminal
p.67
unresolved
org
PT Pelabuhan Tanjung Priok
p.67
unresolved
org
PT Carrefour Indonesia
p.67
unresolved
org
PT Bormindo Nusantara
p.67
unresolved
person
Managing
· Director
p.68 ×9
unresolved
org
Senior Finance
· Director
p.68
unresolved
person
Senior
· Director
p.68
unresolved
person
Senior Managing
· Director
p.69 ×9
unresolved
person
Septanugraha
· Director
p.69
unresolved
person
Commercial
· Director
p.69 ×4
unresolved
person
Fridiana Herman
· Director
p.69
unresolved
person
Senior VP
· Director
p.70
unresolved
person
Vijay
· Director
p.71
unresolved
person
Bahanadewa
· Director
p.71
unresolved
person
Shipyard
· Director
p.71
unresolved
person
Junior
· Director
p.72
unresolved
person
Nuansyah
· Director
p.72
unresolved
org
PT MASAJI
p.74 ×3
unresolved
org
PT SAMUDERA HARAPAN
p.74
unresolved
org
PT SAMUDERA SHIPS
p.74
unresolved
org
TRAFFIC CO LTD
p.74
unresolved
org
PROPERTY LTD LTD
p.74
unresolved
org
SHIPPING SERVICES SILKARGO SDN BHD LOGISTICS DWC LLC
p.74
unresolved
org
SAMUDERA CARGO SERVICES LLC
p.74 ×2
unresolved
org
PT MARUZEN
p.75
unresolved
org
PT PRAWEDA
p.75
unresolved
org
PT SILKARGO
p.75
unresolved
org
PT ISTA
p.75
unresolved
org
PT ASTA RIKA PERKAPALAN
p.75
unresolved
org
PT SAMUDERA NUSANTARA INDONESIA
p.75
unresolved
org
PT TANGGUH
p.75
unresolved
org
PT PRIMA NUR
p.75
unresolved
org
PT SAMUDERA GOLDEN MITRA OCEAN TECHNOLOGIES PRIME MARITIME
p.75
unresolved
org
PT ADIB COLD LOGISTIC
p.75 ×2
unresolved
org
PT SAMUDERA MITRA DEPO
p.75 ×2
unresolved
org
PT Perusahaan Pelayaran Nusantara This
p.78
unresolved
org
Middle Samudera Shipping Line Ltd
p.78
unresolved
org
PT Samudera Agencies Indonesia
p.78
unresolved
org
PT Samudera Indonesia Ship
p.78
unresolved
org
PT Samudera Shipping Services
p.78
unresolved
org
PT Samudera Shipping Indonesia
p.78
unresolved
org
Samudera Tankers Pte Ltd
p.78
unresolved
org
United Arab Emirates. Samudera Intermodal Sdn Bhd
p.78
unresolved
org
Samudera Intermodal Sdn Bhd
p.78
unresolved
org
Samudera Traffic Co Ltd
p.78
unresolved
org
Foremost Maritime Pte Ltd
p.78
unresolved
—
LNG East-West Shipping
p.78
unresolved
org
(Singapore) Pte Ltd
p.78
unresolved
org
Prime Maritime DWC LLC
p.78
unresolved
org
Samudera Ship Management Pte Ltd
p.78
unresolved
org
Samudera Ship Investment Pte Ltd
p.78
unresolved
org
PT Samudera Sarana Terminal
p.79
unresolved
org
PT Samudera Sarana Terminal Indonesia
p.79
unresolved
org
PT Pelabuhan Samudera Palaran
p.79 ×3
unresolved
org
PT Prima Nur Panurjwan
p.79
unresolved
org
PT Tangguh Samudera Jaya
p.79
unresolved
org
PT Asta Rika Stuwarindo
p.79
unresolved
org
PT Samudera Golden Mitra
p.79
unresolved
org
PT Samudera Laksana Perdana
p.79
unresolved
org
PT Samudera Perdana
p.79
unresolved
org
PT Masaji Kargosentra Tama
p.79
unresolved
org
PT Masaji Tatanan Kontainer
p.80
unresolved
org
PT Masaji Tatanan Kontainer Indonesia
p.80
unresolved
org
Samudera Logistics DWC LLC
p.80
unresolved
org
PT Samudera Logistics Services
p.80
unresolved
org
PT Maruzen Samudera Taiheyo
p.80
unresolved
org
Co. Ltd.
p.80 ×2
unresolved
org
Port Klang Free Trade Shal Hawk Silkargo Sdn Bhd
p.80
unresolved
org
Port Klang Free Trade Samudera Lautan Emas Sdn Bhd
p.80
unresolved
org
PT Samudera Properti Indonesia Indonesia
p.80
unresolved
org
United Arab Samudera Property Ltd
p.80
unresolved
org
PT Praweda Sarana Informatika
p.80
unresolved
org
Ocean Technologies Pte Ltd
p.81
unresolved
org
PT Samudera Indonesia Mitra
p.81
unresolved
org
PT ISTA Rasa
p.81
unresolved
org
Ministry of Environment
p.91
unresolved
org
PT Sharestar Indonesia
p.106 ×2
unresolved
person
Soeroto.
p.106 ×2
unresolved
org
Minister of Law and Human Rights
p.108 ×2
unresolved
org
Bapepam-LK
p.109 ×4
unresolved
person
GMS Approval
· President Commissioner
p.110 ×13
unresolved
—
F. Helianti Sastrosatomo
· Compliance Director
p.112 ×2
unresolved
org
SI TBK
p.114
unresolved
—
Aria Farahmita
· Member
p.114 ×2
unresolved
—
Munir Machmud Ali
· Member
p.118
unresolved
—
Domicile
p.119
unresolved
—
especially the prevailing laws and regulations in
p.119
unresolved
—
b. Provide input to the BOD and BOC
p.119
unresolved
org
regulations in the field of Capital Markets;
p.119
unresolved
—
c. Assisting the BOD and the BOC in
p.119
unresolved
—
including the availability of information on
p.119 ×2
unresolved
—
1. Delivering information disclosure and reports to
p.119
unresolved
—
Education History
p.120
unresolved
—
Certifications Held
p.120
unresolved
org
PT Jakarta International Container Terminal
p.120
unresolved
org
Terminal, and PT Hutchison Ports Indonesia from 2005–2016. He was a member of the super-Employment History
p.120
unresolved
org
PT Hutchison Ports Indonesia
p.120
unresolved
org
PT Samudera Mbiantu Sesami
p.120
unresolved
person
Said Amru
p.125
unresolved
org
Satrio Bing Eny & Partners
p.125
unresolved
org
Koperasi Tenaga Kerja Bongkar Muat Samudera Sejahtera
p.126
unresolved
org
Business Partners and Suppliers
p.140
unresolved
—
Associations
p.140
unresolved
—
CHALLENGES ON SUSTAINABILITY
p.140
unresolved
org
IMPLEMENTATION in the Company is
p.140
unresolved
org
how management can successfully doing
p.140
unresolved
org
investments which have promising
p.140
unresolved
org
Ministry of Energy and Mineral Resources of Indonesia
p.143 ×2
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.