• JANUARY 22, 2013
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    The Gov’t To Cut Off Dwelling Time In Tanjung Priok

      JAKARTA—The Government is targeting to cut off dwelling time in Tanjung Priok port from 6.7 days to 4 days this year in order to increase competitiveness and to cut logistics costs in the country. The Coordinating Minister for the Economic Affairs Hatta Rajasa said Tanjung Priok is a strategic entrance to accommodate most of

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    • JANUARY 22, 2013
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    Disastrous final quarter pushes FSL into the red for 2012

      Singapore: An especially brutal final quarter saw Singapore’s First Ship Lease Trust notch up an $8.4m loss for 2012, on the back of revenue slipping 4.2%. Three tankers were taken back by Berlian Laju Tankers and charters were slashed on a pair of Torm ships, leading to a big dent in revenues for the

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    • JANUARY 22, 2013
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    M.V.“OCEAN SPLENDOR”, 150th Ship of “Mitsui’s 56” Series Delivered

      Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. “OCEAN SPLENDOR” (MES Hull No. 1841) at its Tamano Works on 17th January, 2013 to Mingtai Navigation Co., Ltd., Taiwan. This vessel is a handy-max type bulk carrier of 56,000 dwt with a large cargo hold capacity

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    • JANUARY 22, 2013
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    Oil Tanker Hijacked Off Abidjan, Ivory Coast

      Neptune Maritime Security reports that Koda Maritime’s Serge Constant stated that the company is getting contradictory information about police operations, but it’s now certain that the tanker has been taken into Ghanaian waters. Armed men have seized an oil tanker off Ivory Coast’s main city, Abidjan, officials say. The Panamanian-flagged vessel, ITRI, was attacked

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    • JANUARY 21, 2013
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    China ships in waters around Senkaku disputed islands

      Tokyo (ANTARA News) – Three Chinese government ships Saturday entered Japanese territorial waters around disputed islands, Japan`s coastguard said, hours after a veiled US warning to Beijing not to challenge Tokyo’s control. The surveillance vessels sailed in waters around the islands known as the Senkakus in Japan and Diaoyus in China for nearly five

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    • JANUARY 21, 2013
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    President: stability in South China Sea important

    cigarettes online p> Jakarta (ANTARA News) – President Susilo Bambang Yudhoyono said on Friday stability in the South China Sea is important and asked all concerned parties to contribute to maintaining it. “We all in Asia want to see our region stable, safe and peaceful. In the event of a problem, be it in the

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    • JANUARY 21, 2013
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    Pelindo II Eyes IDR130 Billion Profits From Teluk Bayur Port

    BUKIT TINGGI, West Sumatra–Teluk Bayur Port in Padang West Sumatra is targeted to generate IDR130 billion profits this year. Pelindo II President Director RJ Lino stated that the target has been adjusted with the investment valuing IDR600 billion for the period of 2012-2013. “If all inventories have been completed and started, we target to grab

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