Jakarta, Dec 26 (ANTARA) – The Ministry of Industry is keen on developing the national shipbuilding industry by introducing an incentive in the form of government-paid import duties (BMDTP), particularly for the raw materials of ships. “Currently, ships are not subjected to import duties, while the raw materials of ships are subjected to import…
The Korean government to honor Singaporean shipping company owner for his efforts to successfully rescue Korean sailors from Somali pirates. Four South Korean crew members were kidnapped by Somali pirates on April 30, 2011 aboard the MT Gemini, a tanker operated by Singapore-based Glory Ship Management, and after 582 days of captivity, they were…
The MV HAN SPLENDOR sank 165 miles east of Batan Island in the Batanes province of the Philippines on Sunday, forcing the 17 sailors onboard to abandon ship. Passing ship, MV JIN FU, rescued the 11 Myanmar and six Korean sailors from their life rafts just hours after their ship sunk. The Philippine coast…
JAKARTA: PT Trada Maritime Tbk will allocate US$200 million capital expenditure in the next five year for purchasing 30-50 tugboats and barges. The Company’s President Director Danny Sihanouk de Mita said the purchase is intended to meet the company’s plan to increase the transshipment contract in 2013 as much as US$750 million. Trada Maritime…