Today, officials from 19 countries met to discuss cooperative efforts to strengthen maritime security throughout the Indian Ocean, ensuring safety in some of the busiest global shipping lanes. A 10-year roadmap to promote trade and investment in the fast-growing economic region was created. The Indian Ocean Rim Association for Regional Cooperation (IORARC) summarized their…
JAKARTA (Indonesia Today) – Marine shipping company PT Arpeni Pratama Ocean Line Tbk (APOL)booked net profit of Rp202.96 billion in the first 9 months to September of 2012, compared to loss Rp1.14 trillion in the same period of 2011. Service revenues declined to Rp880.91 billion from previous Rp952.58 billion. Cost of revenues totaled Rp1.08…
Two new Panamax class ship-to-shore container quay cranes along with eight rubber-tyred gantry cranes have been commissioned at Malaysia’s government-owned Bintulu Port to expand its container handling capabilities and services. To improve its fleet of cranes, the port awarded Harbour-Link Logistics with two contracts to supply, deliver, test and commission the eight rubber-tyred gantry…
During the period 24-30 Oct, there was one piracy related incident in the High Risk Area (HRA). On 24 Oct, a dhow Pirate Attack Group (PAG) was disrupted along the Somali coast. There have also been continuing reports of suspicious activity. Merchant vessels are advised to remain vigilant throughout the HRA and ensure that…