Further to the Company’s announcement made on 28 February 2014, the Board of Directors (the “Board”) of Samudera Shipping Line Ltd (the “Company”) wishes to announce that the disposal of Sinar Anyer, a 2,781-dwt chemical tanker, was completed on 12 March 2014. The disposal is not expected to have any material impact on the consolidated
Read moreJAKARTA-The government will issue new policy that required fishing vessel to put its catch in fish processing unit (UPI) in Indonesia, claimed to free Indonesia from dependency on fish import. Previously, there was no such policy so UPI often finds it difficult to obtain supply of fresh fish. There is a tendency the catches from
Read moreThe Indonesian Navy showcased its latest primary weapons systems during a ceremony at the Madura Pier, the Eastern Fleet headquarters in Surabaya, East Java, on Wednesday. President Susilo Bambang Yudhoyono inspected the military hardware, which included warships, missiles and helicopters. “We do not want a war but if we have to fight to defend our
Read moreThe southern Indian Ocean, where investigators suspect missing Malaysia Airlines Flight MH370 may have come down, is one place where a commercial airliner can crash without a ship spotting it, a radar plotting it or even a satellite picking it up. The empty expanse of water is one of the most remote places in the
Read moreJakarta. In a move that could have serious repercussions for the security situation in the South China Sea, Indonesian officials on Wednesday acknowledged that China was claiming part of Indonesia’s Riau Islands province as its own territory. The Indonesian Military’s (TNI) Air Commodore Fahru Zaini, who is a member of the defense strategy unit at
Read moreSingapore: A study made by European insurance giant Allianz on worldwide maritime losses shows that once again Southeast Asia is a black spot for shipping. Shipping losses continued their downward trend with 94 losses reported worldwide in 2013, coming in below 100 for only the second time in 12 years, Allianz said. According to the
Read moreCIKARANG – PT Cikarang Inland Port, Cikarang Dry Port operator, said it stopped business expansion this year in line with the prediction on the uncertainty of the national economy. Benny Woenardi, Managing Director of PT Cikarang Inland Port, said this year it will stop the investment flow to grow the business. So far, Cikarang Dry
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