Batam, Riau Islands (ANTARA News) – Three crew members of the semi-submersible barge that sank in Batu Ampar waters on Friday have not been found, though nine crew members survived. “Nine crew members survived, another three are still missing,” the coastal director of the Riau Islands provincial police, Senior Commissioner Muhammad Yassin Kosasih, said here…
The world’s biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk, said it planned to raise freight rates on routes from Asia to northern Europe by $450 per 20-foot container (TEU). The new rates will take effect from Aug. 1, the company told Reuters in an email on Friday. A container freight derivatives…
Philippine President Benigno Aquino told his country’s neighbors on Thursday that efforts to modernize the military were not aimed at them but rather at strengthening national defense capabilities and tackling disasters. Aquino has allocated 75 billion pesos ($1.72 billion) over five years to upgrade maritime security operations and humanitarian response, buying frigates, fighter-trainers and anti-submarine…
India’s first fully indigenously built major warship, the anti submarine warfare (ASW) corvette – INS Kamorta -was handed over to the Indian Navy by Garden Reach Shipbuilders & Engineers Ltd. (GRSE), in Kolkata on July 12, 2014. The super-sophisticated frontline warship was formally handed over by GRSE Chairman and Managing Director, Rear Admiral (Retd) AK…