JAKARTA – The shipping industry that grew sluggishly this year is predicted to be more burdened by rupiah depreciation which has made its lowest position in the last five years. On Tuesday (12/17), the spot market was closed at IDR12,125 per US dollar. “Rupiah depreciation has clearly affected the industry since shipping sector requires a
Read moreContainer traffic in North Sumatra’s Belawan, which mostly handles crude palm oil (CPO) and rubber, grew by 10.2 percent in the third quarter alone despite a global commodity market slowdown. The traffic during July–September this year reached 680,828 20-foot equivalent units (TEUs), equal to 552,622 containers, up from 614,294 TEUs compared to the same
Read moreJAKARTA— Minister of Transportation, E.E. Mangindaan, extends deadline of dispensation of foreign vessel use for three types of offshore vessels which should have ended this year. Those vessels are offshore construction vessel, dredging vessel, salvage vessel, and undersea construction vessel. The Minister states the policy is to prevent the absence of those three vessels
Read moreA potential ecological nightmare was revealed in Gulf of Paria . Group of concerned people said at least 1 out of 12 derelict ships is leaking diesel and oil into the water and someone of the maritime authorities need to take responsibility. Jonathan De La Rosa and Steven Valdez, members of the Trinidad and Tobago
Read moreIn order to welcome Christmas day in 2013, Regional Coordinating Center of Merauke carried out the social activities of renewing the color of St. Petrus Paulus Church, Saturday (14-12-2013). The team of IMSCB led by the Head of RCC Merauke, Maritime Sergeant Mayor Ade Kurniawan handed the paint and the kits to the church
Read moreA U.S. guided missile cruiser operating in international waters in the South China Sea was forced to take evasive action last week to avoid a collision with a Chinese warship maneuvering nearby, the U.S. Pacific Fleet said in a statement on Friday. The incident came as the USS Cowpens was operating in the vicinity
Read moreJAKARTA – Director of PT Indonesia Port Corporation II, Richard Jose Lino, said the process of loading and unloading at Tanjung Priok harbour will run as normal, despite the resignation of 21 officials and director of the company. “We are going through a transformational stage where what happened is apart of the organization’s dynamic that
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