Global logistics provider Damco has opened a commercial office in Balikpapan, a seaport city on the east coast of the island of Borneo in the Indonesian province of East Kalimantan. By providing customers with supply chain management and freight forwarding services, the Balikpapan commercial office will become an important new hub for Damco's Indonesian activities.

East Kalimantan is one of the richest areas of Indonesia in terms of natural resources, especially oil, natural gas (LNG), coal and timber, and the most significant of the five Kalimantan provinces in terms of business potential. The new Damco office in Balikpapan provides convenient access to the local airport, seaport, nearby provinces and downtown.

The new Balikpapan branch will enable us to hire and house the logistics experts we need to support the growth of our key customers in Balikpapan, in sectors such as industrial manufacturing & machinery, oil & gas, mining and retail, stated Mr. Peter Gunzelmann, managing director of PT Damco Indonesia. He added, We are very optimistic about Balikpapan's growth potential since this location means we can enhance the range of services we offer to our customers.

The move is part of a global growth strategy in which Damco's worldwide footprint will be significantly increased, allowing the company to quickly move to where its customers are growing. Balikpapan will be the fifth commercial office that PT Damco Indonesia is operating; joining others located in Medan, Jakarta (head office), Semarang and Surabaya.