The IMO Marine Environment Protection Committee (MEPC), which starts on 31 March, will seek to make progress on the development of a global system of monitoring and reporting of CO2 emissions from ships. This is supported by the International Chamber of Shipping (ICS) which has made a detailed submission on the issue to the MEPC…
JAKARTA— Benoa Port in Bali won the Best Port Welcome Cruise Insight 2013 Award in Miami, US. Since becoming turnaround port in 2012, visit by cruise ships increased significantly. In 2013, 41 ships visited the port, transporting an estimated 39,105 tourists from all over the world. In 2013, vessel visit rose by 0.9% from that…
Port operator Pelindo III, which manages facilities in central and eastern parts of Indonesia, will issue US dollar and rupiah bonds worth US$400 million this year to raise funds for the company’s port expansion projects. Pelindo III finance director Wahyu Suparyono said in Jakarta on Wednesday that the company would soon name the underwriters for…
JAKARTA – PT Indonesia Shipbuilding Industry (IKI) this year is focusing on the completion of Bitung shipyard repair in North Sulawesi, with an investment of IDR50 billion. The fund will be obtained from the State Capital Investment (PMN) worth IDR200 billion. The amount of the investment fund this year is the remainder of a total…