Further to the Company’s announcement made on 28 February 2014, the Board of Directors (the “Board”) of Samudera Shipping Line Ltd (the “Company”) wishes to announce that the disposal of Sinar Anyer, a 2,781-dwt chemical tanker, was completed on 12 March 2014. The disposal is not expected to have any material impact on the consolidated…
JAKARTA-The government will issue new policy that required fishing vessel to put its catch in fish processing unit (UPI) in Indonesia, claimed to free Indonesia from dependency on fish import. Previously, there was no such policy so UPI often finds it difficult to obtain supply of fresh fish. There is a tendency the catches from…
The Indonesian Navy showcased its latest primary weapons systems during a ceremony at the Madura Pier, the Eastern Fleet headquarters in Surabaya, East Java, on Wednesday. President Susilo Bambang Yudhoyono inspected the military hardware, which included warships, missiles and helicopters. “We do not want a war but if we have to fight to defend our…
The southern Indian Ocean, where investigators suspect missing Malaysia Airlines Flight MH370 may have come down, is one place where a commercial airliner can crash without a ship spotting it, a radar plotting it or even a satellite picking it up. The empty expanse of water is one of the most remote places in the…