MANILA, Philippines – Listed port giant International Container Terminal Services Inc. (ICTSI) has tapped state-run port operator PT Pelabuhan IndonesiaII (Persero) Tanjung Priok Branch for stevedoring services for 15 years. In a disclosure to the Philippine Stock Exchange (PSE), ICTSI corporate legal affairs manager Benjamin Gorospe III said the company through its indirect subsidiary
Read moreMoscow (ANTARA News) – Russia has deployed a naval unit to the Mediterranean Sea, it said on Thursday, a move President Vladimir Putin said was to defend Russian security but which comes as Moscow faces off with the West over Syria. In what is Russia’s first permanent naval deployment in the Mediterranean since Soviet
Read moreFourteen Indian sailors are now safe, after pirates, who took control of their cargo vessel yesterday morning, June 5, in the Gulf of Aden, abandoned the attack hours later after EU Naval Force warship HSwMS Carlskrona, together with NATO counter piracy Dutch warship HNLMS Van Speijk, closed in. This type of cargo vessel, known
Read morePirates have released five Pakistani crew they kidnapped from an oil tanker off the Nigerian coast two weeks ago, security sources said on Thursday. Increasing piracy in the Gulf of Guinea region, which includes Africa’s No. 1 oil producer Nigeria and is a significant source of cocoa and metals for world markets, is jacking
Read moreActivities at Tanjung Priok Port in North Jakarta returned to normal on Tuesday as logistics and forwarder operators resumed work after striking at the country’s main seaport a day earlier. State-run company PT Pelindo II, also known as Indonesia Port Corporation (IPC), said stevedoring activities at the seaport were back to normal. “Every activity
Read moreSeoul (ANTARA News/Yonhap) – South Korea is seeking to significantly strengthen penalties for illegal deep-sea fishing by its vessels, increasing maximum fines by at least seven-fold, the government said Tuesday. The move comes amid growing international criticism for illegal, unreported and unregulated (IUU) fishing by South Korean ships, along with a recent warning from
Read moreThe world’s first Liquified Natural Gas (LNG) fueling vessel – Seagas was christened last week at the Port of Stockholm. The first-of-its-kind vessel in the world, the LNG fueling vessel is classified under the same regulations that apply to ocean going LNG tankers. The LNG fueling vessel will supply 60-70 tons of LNG
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