India yesterday sought the intervention of International Maritime Organisation (IMO) for early release of 43 Indian sailors, who are in the captivity of Somalian pirates. Shipping Minister G K Vasan in his meeting with IMO Secretary General Koji Sekimizu drew the attention to the issue of 43 Indian seafarers who are in captivity of…
Japanese military officials said they closely watching seven Chinese warships spotted in waters off a southern island Tuesday. It was unclear whether the ship movements were related to a territorial dispute that has prompted both countries to show off their maritime muscles. The Chinese ships were sighted about 49 kilometers (30 miles) from the…
Maritime piracy in the Gulf of Guinea is not a new phenomenon and in many ways has been over shadowed by Somali piracy in recent years. A recent attack in the region illustrates a worrying and new development for the industry. In the early hours of Saturday 6 October, a Panamax tanker was boarded…
Indonesian state port operator Pelabuhan Indonesia II (Pelindo II) is reportedly preparing its logistics, container terminals and multipurpose terminals subsidiary, Multi Terminal Indonesia (MTI), for an initial public offering to raise IDR300bn ($31 million) in the second half of 2013. MTI was spun off from Pelindo II in 2002, but it still controls a…