Gunmen, who hijacked a fuel-laden tanker off Ivory Coast, have released the vessel today after stealing about $5 million of the ship’s cargo. Fortunately none of the 16 crewmembers aboard the Panama-flagged ITRI were injured in the attack. According to the tanker’s owner, Nigeria-based Brila Energy, the crew was locked in a dining room…
All 79 crew members have been taken off the mine countermeasures ship, grounded onTubbataha Reef, off Subic Bay, Philippines. Crew members have been temporarily removed and safely transferred by small boat to the nearby support vessels USNS Bowditch (T-AGS 62) and MSV C-Champion. After the Sasebo-based Guardian ran aground Jan. 17, initial efforts to…
JAKARTA—The Government is targeting to cut off dwelling time in Tanjung Priok port from 6.7 days to 4 days this year in order to increase competitiveness and to cut logistics costs in the country. The Coordinating Minister for the Economic Affairs Hatta Rajasa said Tanjung Priok is a strategic entrance to accommodate most of…
Singapore: An especially brutal final quarter saw Singapore’s First Ship Lease Trust notch up an $8.4m loss for 2012, on the back of revenue slipping 4.2%. Three tankers were taken back by Berlian Laju Tankers and charters were slashed on a pair of Torm ships, leading to a big dent in revenues for the…