KENDAL – Kendal port for crossing facility would be operated in early 2015 while waiting for the licensing issuance by Ministry of Transportation which is still in progress. Up to this moment, there is still the dredging for the pond and break water maintenance which may be completed at end of 2014. Head of Indonesian
Read moreCAIRO—Egypt is planning to build a new Suez Canal alongside the near-145 year-old historic waterway in a multi-billion dollar project aimed at expanding trade along the fastest shipping route between Europe and Asia. “This giant project will be the creation of a new Suez Canal parallel to the current channel of a total length of
Read moreJAKARTA – PT Jakarta International Container Terminal (JICT) managed to record the highest productivity on international containers stevedoring with 192 moves per hour. The achievement was made after the company serves the stevedoring activity for MV Northern Genius which has leant on Terminal 1 JICT since Monday (8/4/2014). President Director of JICT Albert Pang said
Read moreChinese shipyards are aiming to take some $10 billion in orders for new LNG tankers over the rest of the decade, part of a plan to restructure the country’s ailing shipbuilding sector and secure China’s energy supply chain. The push to build its own natural gas delivery vessels will boost China’s capability in high-tech ships
Read moreDryad Maritime’s Ian Millen analyzed this “good news, bad news” situation for us: On Sunday, we heard the good news of the release of Hai Soon 6, following its hijack on 25th July off Ghana. Not long after this news from the IMB, Dryad relocated the vessel in exactly the place we expected – off
Read moreA ferry with about 200 passengers on board capsized in Bangladesh on Monday in a river southwest of the capital, Dhaka, and about 100 people were unaccounted for, the chief of the district administration said. Low-lying Bangladesh, with extensive inland waterways and slack safety standards, has an appalling record of ferry accidents, with casualties sometimes
Read morePT Pelabuhan Indonesia II (Pelindo II), a state-run Indonesian port operator, plans to raise $1.25 billion in syndicated loans to help finance the expansion of its North Jakarta port. A weak port infrastructure in Southeast Asia’s largest economy pushes up logistics costs and makes it harder for businesses to expand operations. The company has appointed
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