Jakarta (ANTARA News) – State oil and gas company Pertamina denied on Thursday that motor vessel Rema Perkasa sank after it collided with tanker MT Asumi XXVI in Kapuas River in West Kalimantan province earlier in the day. “No one was injured,” Pertamina Vice President for Corporate Communication Ali Mundakir said. Pertamina hired the…
Merchant vessels are advised to remain vigilant throughout the HRA and ensure that Self Protection Measures are in place as Pirate Attack Groups (PAGs) are likely operating in the area. Sea states have been favourable to piracy over recent weeks. They are expected to become more marginal in the coming weeks with the onset…
China’s shift towards a domestic consumer demand-oriented economy could provide a significant boost to the global shipping industry, as the world’s second largest economy targets more sustainable growth. “2013 will be another peak year of new vessel deliveries. Oversupply of capacity is still an obstacle for the shipping industry to overcome, but with the…
Jakarta (ANTARA News) – State-owned oil and gas company PT Pertamina will increase the number of its tankers by procuring new ones until 2015 to increase cost efficiency in oil shipment and to give more value added to the company. “With more ships, cost will be made more efficient to make Pertamina oil price…