Indonesia Ferry Buy Four Used Ships From British

  JAKARTA: Reduce long queues at Merak Harbour Crossing, PT ASDP Indonesia Ferry buy four used shipsfrom British, KM Port Line worth Rp400 billion. Business Director of PT ASDP Indonesia Ferry Port Prasetyo said one of the four KM Port Line are ordered from the UK will arrive on 29 September 2012. Even oneother unit (Port Line 1) is already in the shipyard in Batamto test the feasibility. “Two of the four (Port Line 1-2) will be operated from the port of Merak-Bakauheni, the rest, two more ships, the Port Line 3-4…

South Korean Navy Shoots at North Korean Fishing Ships

  As North Korean fishing vessels crossed over a disputed maritime boundary known as the Northern Limit Line earlier in the day, South Korean naval ships fired warning shots at them. Although none of the shots made contact with the fishing boats, they crossed back over to their side of the border between the two…

Somalia Piracy Threat Unlikely to Diminish Says Analyst

  Tim Holt, Head of Intelligence at Special Contingency Risks (SCR), part of the Willis Group, gives his reasons, suggest remedies. • “Piracy is the second largest generator of income in Somalia, yielding an estimated $200 million annually. • “As pirate financiers invest more and more in the success of their operations, lucrative opportunities for…