• JULY 24, 2014
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    Transaction in Priok seaport should be in rupiah

    Jakarta (ANTARA News) – Coordinating Minister for Economic Affairs Chairul Tanjung has reminded all parties that every transaction in Jakartas Tanjung Priok seaport should be conducted using rupiah currency in accordance with the Law No. 7 of 2011. The senior minister said here on Monday that his side in coordination with the national police will

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    • JULY 22, 2014
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    Operator at Ketapang Port Preparing 44 Ferries

    Banyuwangi, E Java (Antara) – The Inland Waterway Transportation Service (ASDP) at Ketapang port of Bangyuwangi, East Java, has been preparing 44 ships to serve post-fasting Idul Fitri travelers, according to its manager. PT ASDP Manager for Ketapang port Saharudin Kotto said here on Monday that of the 44 ferries, 21 were passenger ships to

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    • JULY 22, 2014
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    Britain’s Biggest Ever Warship HMS Queen Elizabeth Takes to The Water for The First Time

    Britain’s biggest ever warship HMS Queen Elizabeth took to the water for the first time on 17th July as she was moved out of dry dock. With just two metres to spare at either side of the 65,000-tonne aircraft carrier, a flotilla of tugs inched the ship from the dock where she was constructed at

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    • JULY 21, 2014
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    Three crew missing from ship in Batam

    Batam, Riau Islands (ANTARA News) – Three crew members of the semi-submersible barge that sank in Batu Ampar waters on Friday have not been found, though nine crew members survived. “Nine crew members survived, another three are still missing,” the coastal director of the Riau Islands provincial police, Senior Commissioner Muhammad Yassin Kosasih, said here

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    • JULY 21, 2014
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    Maersk Line Aims To Raise Freight Rates From Asia To Europe

    The world’s biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk, said it planned to raise freight rates on routes from Asia to northern Europe by $450 per 20-foot container (TEU). The new rates will take effect from Aug. 1, the company told Reuters in an email on Friday. A container freight derivatives

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    • JULY 18, 2014
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    Philippine Military Upgrade “Not Aimed at Neighbors”

    Philippine President Benigno Aquino told his country’s neighbors on Thursday that efforts to modernize the military were not aimed at them but rather at strengthening national defense capabilities and tackling disasters. Aquino has allocated 75 billion pesos ($1.72 billion) over five years to upgrade maritime security operations and humanitarian response, buying frigates, fighter-trainers and anti-submarine

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    • JULY 18, 2014
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    India’s First Indigenously Built Anti Submarine Warfare Corvette Launched

    India’s first fully indigenously built major warship, the anti submarine warfare (ASW) corvette – INS Kamorta -was handed over to the Indian Navy by Garden Reach Shipbuilders & Engineers Ltd. (GRSE), in Kolkata on July 12, 2014. The super-sophisticated frontline warship was formally handed over by GRSE Chairman and Managing Director, Rear Admiral (Retd) AK

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