State-owned port operator PT Pelabuhan Indonesia III (Pelindo III) will purchase loading and unloading equipment for Teluk Lamong Terminal in Surabaya, East Java, after securing Rp 1.4 trillion (US$121 million) in loans from the London offices of Credit Suisse and Deutsche Bank. The purchase will include 10 ship-to-shore cranes and 20 automated stacking cranes…
After six months, the Panamanian authorities have released the North Korean ship Chong Chon Gang, which was seized while transporting undeclared weapons. The vessel will be delivered at the Port of Sherman in Panama’s Colon Province in the presence of the country’s prosecutor against organized crime, Nathaniel Murgas. Additionally, 32 of the 35 detained…
The Philippines said on Wednesday the imminent arrival of China’s sole aircraft carrier in the disputed South China Sea for the first reuters logo time for a training mission would raise tension. The carrier Liaoning left port from the northern city of Qingdao accompanied by two destroyers and two frigates on Tuesday. While in…
Despite the rise in piracy in the Gulf of Guinea and the west coast of Africa, international attention is still focused on Somalia and the Horn of Africa on the east African coast, with experts saying West Africa is not attracting the type of attention that it deserves. This was the thread of the opening…