A North Korea-registered cargo ship broke out in flames in Hong Kong waters, leaving two crewmen severely injured. The vessel was located south of Tsing Yi Island when it caught fire shortly after 9 a.m. locally. A fire-fighting ship was sent to attack the blaze, which was reportedly caused by an engine room explosion…
The U.S. Coast Guard, joined by the National Transportation Safety Board, will be part of an Italian-led marine casualty investigation into the January 2012 grounding and partial sinking of the cruise ship Costa Concordia off the coast of Italy. The incident left 32 people dead, including two Americans. Evidence, timeline, analysis, conclusion(s), recommendations and…
It is too early to declare victory against Somali piracy, which cost the shipping industry and governments as much as $7 billion last year. But the fall in the number of successful hijackings since the peak of 2009-11 has been dramatic. The International Maritime Bureau, a body that fights shipping crime, counted 219 cases…
JAKARTA: Indonesia’s logistic sales are expected to exceed US$150 billion this year, or up by 25% from last year’s level of US$120 billion, contributed majority from online courier segment. Chairman of the Indonesian Logistics Association (ALI) Zaldy Ilham Mashita says the prediction of Indonesia’s fast-growing logistic sales as cited from Frost & Sullivan International…