Jakarta: Dubai-based Drydocks World has signed a memorandum of understanding with PAL Indonesia aimed at mutual co-operation in “shipbuilding, general engineering and other relevant areas”. The scope of the MoU also includes maintenance of oil and gas equipment and offshore structures. Senior management from Drydocks World spent a fruitful week’s business trip to the
Read morePhnom Penh (ANTARA News/AFP) – US President Barack Obama is set to dive into the tumultuous diplomatic waters of the South China Sea on Tuesday at a summit dominated by rival claims to the strategically vital area. Obama is widely expected to express concerns about the disputes between Beijing and its Southeast Asian neighbours,
Read moreA round up of piracy and robbery at sea incidents occurring during October 2012. In total, 25 incidents were reported. West Africa grabbed the piracy front pages in October. Hijack for oil cargo is one aspect, but October saw the kidnap of seven expats on a supply ship, although the remaining nine Nigerian crew
Read moreA North Korea-registered cargo ship broke out in flames in Hong Kong waters, leaving two crewmen severely injured. The vessel was located south of Tsing Yi Island when it caught fire shortly after 9 a.m. locally. A fire-fighting ship was sent to attack the blaze, which was reportedly caused by an engine room explosion
Read moreThe U.S. Coast Guard, joined by the National Transportation Safety Board, will be part of an Italian-led marine casualty investigation into the January 2012 grounding and partial sinking of the cruise ship Costa Concordia off the coast of Italy. The incident left 32 people dead, including two Americans. Evidence, timeline, analysis, conclusion(s), recommendations and
Read moreIt is too early to declare victory against Somali piracy, which cost the shipping industry and governments as much as $7 billion last year. But the fall in the number of successful hijackings since the peak of 2009-11 has been dramatic. The International Maritime Bureau, a body that fights shipping crime, counted 219 cases
Read moreJAKARTA: Indonesia’s logistic sales are expected to exceed US$150 billion this year, or up by 25% from last year’s level of US$120 billion, contributed majority from online courier segment. Chairman of the Indonesian Logistics Association (ALI) Zaldy Ilham Mashita says the prediction of Indonesia’s fast-growing logistic sales as cited from Frost & Sullivan International
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