Jakarta: Offshore marine services company PT Wintermar Offshore Marine Tbk expects to raise capital expenditure plans as demand for higher value offshore support vessels grows in Indonesia. Wintermar reported a net profit for the first quarter of 2013 of $5.8m with 45% revenue growth as compared to 2012. The rise was attributed to a
Read moreJakarta. Wintermar Offshore Marine, an Indonesian shipping services company, posted a 34 percent increase in profit last year, supported by demand for offshore vessels. Net income at the company rose to $27 million last year from $20.2 million in the previous year, while its revenue experienced an increase to $187 million from $124 million a
Read moreThe winners of the 2012 International Seafarers’ Welfare Awards were announced during a high profile ceremony hosted by Secretary General of the International Maritime Organisation, Mr Koji Sekimizu at the International Maritime Organisation in London. The winners are: • Shipping Company of the Year: Shell Shipping • Port of the Year: Port of Kandla,
Read moreWilhelmsen Ships Service (WSS) is helping clients execute voyages through the Northern Sea Route (NSR) as this new trade lane begins to open up new opportunities for shipping. WSS is working with Russian Arctic shipping specialist Rosatomflot for ice-breaking assistance and has developed a programme to assists clients with technical, legal and insurance preparations
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