REPUBLIKA.CO.ID, PADANG – Padang city`s Teluk Bayur port in West Sumatra has immense potential to support Indonesia`s import and export activities with Asian, African and European countries, in light of the 2015 Free Trade Agreement, according to a Foreign Affairs Ministry official. “Teluk Bayur port is strategically located in Indonesia, as far as international trade…
On Friday 12 October 2012 Romanian frigate ROS Regele Ferdinand, operating within the European Union Naval Force (EU NAVFOR), provided an escort to a ship from the World Food Programme (WFP) between two Somali ports. The ships rendezvoused shortly after dawn and a team from Regele Ferdinand travelled to the WFP vessel to discuss…
A South Korean coast guard vessel has capsized on Thursday, resulting in the death of five sailors – three Filipinos and two Chinese – who the coast guard crew had just rescued from a sinking cargo ship. The vessel overturned while carrying 15 crewmembers rescued from the 5,436-tonne Malaysia-registered Shinline freighter near the southern…
A Scottish company has launched onto the global shipping market the first comprehensive software product designed to combat the increasing problem of modern-day piracy at sea. • The cost of piracy in 2011 is estimated at $7 billion / £4.46 billion (including increased security spend and ransom payments). • The numbers of hostages and…