JAKARTA (Indonesia Today) – Marine shipping company PT Arpeni Pratama Ocean Line Tbk (APOL)booked net profit of Rp202.96 billion in the first 9 months to September of 2012, compared to loss Rp1.14 trillion in the same period of 2011. Service revenues declined to Rp880.91 billion from previous Rp952.58 billion. Cost of revenues totaled Rp1.08
Read moreAn Iranian ship laden with arms seized by Yemeni authorities in January may also have been bound for Somalia, according to a confidential U.N. report seen by Reuters on Monday. Yemeni forces intercepted the ship, the Jihan 1, off Yemen’s coast on January 23. U.S. and Yemeni officials said it was carrying a large
Read moreArmed pirates have attacked an oil tanker off Nigeria’s coast. Five Indian mariners were kidnapped in the process, and many of the crew’s personal belongings were stolen. The SP Brussels was raided on Monday, just 40 miles off the oil-rich Niger Delta area. Following the attack, the remaining crew was able to sail the
Read moreSeatrade Middle East Work Boats and Offshore Marine 2013, the region’s leading event for workboat operators, builders and the offshore marine market, returns to the Abu Dhabi National Exhibition Centre (ADNEC) on 30 September to 2 October 2013, with a dedicated forum on day one, focusing on operational excellence in Africa. One issue that will
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