Merchant vessels are advised to remain vigilant throughout the HRA and ensure that Self Protection Measures are in place as Pirate Attack Groups (PAGs) are likely operating in the area. Sea states have been favourable to piracy over recent weeks. They are expected to become more marginal in the coming weeks with the onset
Read moreChina’s shift towards a domestic consumer demand-oriented economy could provide a significant boost to the global shipping industry, as the world’s second largest economy targets more sustainable growth. “2013 will be another peak year of new vessel deliveries. Oversupply of capacity is still an obstacle for the shipping industry to overcome, but with the
Read moreJakarta (ANTARA News) – State-owned oil and gas company PT Pertamina will increase the number of its tankers by procuring new ones until 2015 to increase cost efficiency in oil shipment and to give more value added to the company. “With more ships, cost will be made more efficient to make Pertamina oil price
Read moreJAKARTA: PT Pelindo III to build new modern passenger terminal in January 2013 to increase passenger capacity in Tanjung Perak Port, Surabaya. The construction phase I is scheduled to begin in January 2013 and to be completed by the end of 2013. The total area of passenger terminal reached 16,500 m2 with 4,000 people
Read moreEight pirates were arrested by the Malaysian Maritime Enforcement Agency (MMEA) while they were in the midst of robbing a ship off the coast of Tanjung Stapa in Pengerang, Malaysia. MMEA (Southern Region) Maritime First Admiral Adon Shalan said the Indonesian pirates approached the ship [reports state as Merlion Dua in a wooden boat.
Read moreThe shipping industry is one of the most fast-paced and ever-developing streams, which give rise to the facet of healthy competition among various shipping companies, vying for absolute operational superiority. 2012 has seen several noteworthy trends in the shipping domain, with several shipping line companies gaining forefront prominence. The liner fleet of these cargo
Read moreIn July last year President Boni Yayi of Benin sent a worried letter to the UN secretary-general. His country was being threatened by the activities of pirates, who were scaring shipping away from the ports on which his country’s revenues depend. He wanted international help of the kind which had been deployed against piracy
Read more