Two tanker hijackings in about a month in the South China Sea and Malacca Strait, a route for about a quarter of seaborne oil trade, have fueled fears piracy could be on the rise in the area, potentially driving up ship insurance premiums. On Nov. 7, pirates hijacked a tanker carrying marine gasoil in…
JAKARTA— Indonesia Logistics Association (ALI) estimates national logistics service industry will reap US$170 billion or equals to IDR1,951 trillion in 2014, supported by the rise in goods distribution related to general election. Head of ALI, Zaldy Mashita, said the prediction shows its growth trend is still at two-digit percentage. “National logistics is predicted to grow…
MORE than 1100 asylum-seekers have been stopped from coming to Australia by boat as the Australian Federal Police and its Indonesian counterpart greatly boost their offshore disruption activities. As the government continued to fend off criticism it had botched the relationship with Jakarta following a high-seas stand-off over the weekend, The Australian has been…
NATO’s counter-piracy Operation OCEAN SHIELD warship HDMS ESBERN SNARE boarded two small craft and detained nine suspected pirates, following an attack in the area the previous day Yesterday the Danish flagged vessel TORM KANSAS reported she was attacked unsuccessfully by pirates in the Indian Ocean, but the ship’s armed security team repelled the attack.…