Jakarta (ANTARA News) – The Indonesian government has drawn up a roadmap for the development of ships of 300,000 deadweight tonnage (dwt) by 2025, to reduce the country`s dependence on imported ships, according to a minister. Currently, the national shipbuilding industry is able to produce cargo ships, passenger ships and tankers of 50,000 dwt,…
Jakarta, Dec 26 (ANTARA) – The Ministry of Industry is keen on developing the national shipbuilding industry by introducing an incentive in the form of government-paid import duties (BMDTP), particularly for the raw materials of ships. “Currently, ships are not subjected to import duties, while the raw materials of ships are subjected to import…
The Korean government to honor Singaporean shipping company owner for his efforts to successfully rescue Korean sailors from Somali pirates. Four South Korean crew members were kidnapped by Somali pirates on April 30, 2011 aboard the MT Gemini, a tanker operated by Singapore-based Glory Ship Management, and after 582 days of captivity, they were…
The MV HAN SPLENDOR sank 165 miles east of Batan Island in the Batanes province of the Philippines on Sunday, forcing the 17 sailors onboard to abandon ship. Passing ship, MV JIN FU, rescued the 11 Myanmar and six Korean sailors from their life rafts just hours after their ship sunk. The Philippine coast…