Port of Los Angeles and Indonesia Port Corporation sign cooperative agreement
Officials from the Port of Los Angeles and Indonesia Port Corporation (IPC) PT Pelabuhan Indonesia II (Persero) have signed a Memorandum of Understanding (MOU) with goals to promote further cooperation and information sharing on issues of business and trade, digital supply chain efficiency, the environment and infrastructure development.
The MOU calls on the Port of Los Angeles and PT Pelabuhan Indonesia II (Persero) to collaborate on strategies related to port operations, commercial trade competitiveness, port and rail infrastructure development. The agreement also calls for sharing of best practices on pollution reduction, alternative energy initiatives, and port security and safety programs. Its digital supply chain efficiency cooperation will entail working on a pilot project to improve information flow and visibility using the Port Optimizer™, a first-of-its-kind digital portal co-developed by the Port of Los Angeles and GE Transportation to track real-time maritime shipping data for cargo owners and supply chain stakeholders through secure, channeled access.
Indonesia is the largest economy in Southeast Asia and the 16th largest economy in the world. Founded in 1992, PT Pelabuhan Indonesia II serves the marine transportation industry throughout Indonesia. The port’s sea transportation services include shipping, cargo, container, mooring, loading and unloading, storage, rental and utility services.
The Port of Los Angeles is America’s premier port and has a strong commitment to developing innovatively strategic and sustainable operations that benefit Southern California’s economy and quality of life. North America’s leading seaport by container volume and cargo value, the Port of Los Angeles facilitated $297 billion in trade during 2018. San Pedro Bay port complex operations and commerce facilitate one in nine jobs in the five-county Southern California region.