5037 results found for 'Indonesia'

5037 results found for 'Indonesia'
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  • Fearnleys Shows Slight Market Recovery

    25 April 2014
    Business & Finance

    Over the last week, 62 firm newbuilding orders have been reported, according to Fearnleys. Optional vessels are being declared in all segments as newbuilding prices are still firming. Vogemann has declared their option for another 4 Newcastlemax vessels from JES. Price reported to 53 mill USD, which is about 4 mill USD below current price level at […]

  • Unprecedented Rise of Crew Kidnappings in Gulf of Guinea

    14 January 2020

    The number of crew kidnapped in the Gulf of Guinea increased by more than 50% y-o-y.

  • G8 Subsea Buys Aleron ROV

    11 April 2017
    Equipment, Project & Tenders

    Aberdeenshire-based Aleron has sold the XL150 remotely operated vehicle (ROV) to a new client in South East Asia, G8 Subsea. The XL150 has seen several upgrades performed by Aleron Subsea including a single mode-upgrade to boost its survey capability and an HPU upgrade taking the system to 150HP to operate high powered tooling, the company […]

  • Malaysia: Coastal Contracts Bhd Sells Seven Vessels

    19 December 2011

    Coastal Contracts Bhd, a Malaysia-based company, won contracts for the sale of three offshore support vessels (OSVs), two landing crafts and two barges worth approximately RM233m ($73.3m). following these contracts, the value of Coastal’s secured vessel sales orders reached approximately RM610m. Tidewater Group purchased the two OSVs, a Nigerian buyer acquired the third OSV, a […]

  • MES Hands Over Bulk Carrier Ocean Makmur

    27 April 2017
    Business & Finance

    Japanese shipbuilder and ship designer Mitsui Engineering & Shipbuilding (MES) delivered the 60,000 dwt bulk carrier MV Ocean Makmur on April 27. The shipbuilder said that the vessel, which was constructed at its Tamano shipyard, features a length of around 200 meters and a withd of 32 meters. With 34,578 gross tons, the bulk carrier was […]

  • 11 People Rescued, 2 Missing after Their Vessel Sinks in South China Sea

    15 January 2018

    Eleven persons have been rescued, while two remain unaccounted for after their vessel sank in the South China Sea.

  • Contract signing sets in motion survey campaign offshore Timor-Leste

    20 January 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Mahakarya Geo Survey (MGS), an Indonesian provider of marine seismic, underwater services, and geotechnical survey, has signed a contract with Timor GAP, the national oil company of Timor-Leste, to conduct surveys offshore Timor-Leste as part of the Metinaro survey campaign project.

  • Readers’ Picks of the Week (Aug 31-Sept 5)

    6 September 2015
    Business & Finance

    Meratus Line Vessel Sinks, Two Crew Missing An Indonesian-flagged containership loaded with containers sank on Wednesday morning, September 2, in the Java Sea, while en route some 100 nautical miles northe… Read More MOL Testing New Windshield on Its Boxship Japanese shipping company Mitsui O.S.K. Lines, Ltd. has started demonstration tests of a new windshield […]

  • Readers’ Picks of the Week (Aug 31-Sept 5)

    6 September 2015
    Business & Finance

    Meratus Line Vessel Sinks, Two Crew Missing An Indonesian-flagged containership loaded with containers sank on Wednesday morning, September 2, in the Java Sea, while en route some 100 nautical miles northe… Read More MOL Testing New Windshield on Its Boxship Japanese shipping company Mitsui O.S.K. Lines, Ltd. has started demonstration tests of a new windshield […]

  • Stena Imagination Joins Stena Bulk’s Fleet

    15 July 2016
    Business & Finance

    Sweden’s tanker shipping company Stena Bulk has taken delivery of an MR tanker Stena Imagination from the Chinese shipyard Guangzhou Shipbuilding International (GSI). Jointly owned on a 50-50 basis by Stena Bulk and Indonesian Golden Agri Resources (GAR), the vessel is the seventh of a total of thirteen IMOIIMAX tankers ordered by Stena Bulk. Featuring […]

  • Neptune to provide geotechnical support for PTTEP’s Cash Maple ops

    20 April 2017
    Business & Finance

    Australian subsea services provider Neptune has been awarded a geophysical and geotechnical work scope by Thailand’s PTTEP at the Cash Maple field, in the Timor Sea off Western Australia.  The field is located approximately 680 km west of Darwin, 700 km northeast of Broome and 200 km south of the Indonesian coastline. Neptune said it will […]

  • Top news of the week October 13-18, 2014

    19 October 2014

    Arun LNG export story comes to an end Last week the global LNG industry reached a major turning point after Indonesia’s Arun plant stopped producing LNG. KBR, Daewoo Score Mozambique FLNG contract KBR and Daewoo Shipbuilding & Marine Engineering (KD Consortium) has been awarded a front end engineering design contract by Eni East Africa for […]

  • Batamec Shipyard Arrests Chemical Tanker Ratna Blessing

    25 July 2016
    Business & Finance

    The Indonesian shipyard PT Batamec, a subsidiary of the Singapore-based offshore marine company Otto Marine Limited, started proceedings in the High Court of Singapore on July 23 against the chemical tanker Ratna Blessing, which led to the arrest of the 2008-built ship for unpaid ship repair related charges. The shipyard has commenced the proceedings through its lawyers Rajah & Tann […]

  • Report: Pertamina takes JDC jack-up for one year

    17 August 2018
    Business & Finance, Exploration & Production

    Indonesian state-owned oil and natural gas corporation Pertamina has reportedly hired one of JDC’s jack-up rigs.

  • AMSA Bars Repeat Offender

    25 November 2014

    The Australian Maritime Safety Authority (AMSA) has issued a direction to Indonesian flagged container ship Territory Trader not to enter or use any port in Australia for three months as a result of repeated detentions and a history of machinery and equipment malfunctions and breakdowns. Territory Trader has been detained by AMSA on three occasions […]

  • Update: Missing Malaysian Tanker Spotted off Cambodia

    18 June 2015
    Business & Finance

    The Malaysia-flagged tanker MV Orkim Harmony, which had been missing since June 11, was detected in Cambodian waters with a fresh coat of paint an a new name, the local daily Bernama quoted Malaysia’s Chief of Navy Admiral Tan Sri Abdul Aziz Jaafar as saying. The MT Orkim Harmony, laden with 6,000 metric tonnes of ULG […]

  • Top news of the week February 1-6, 2016

    7 February 2016

    Shell delays LNG Canada FID The Hague-based energy giant Shell said it is postponing final investment decision on its multi-billion LNG Canada project in British Columbia to late 2016. Chevron CEO: Angola LNG to ship LNG cargo in 2nd quarter The Chevron-operated $10 billion Angola LNG project is expected to ship its first cargo of […]

  • Malaysia to Boost Search Efforts for Missing Oil Tanker

    15 June 2015
    Business & Finance

    Malaysian Prime Minister Datuk Seri Najib Tun Razak promised to increase the government’s efforts to locate the oil tanker MT Orkim Harmony which went missing 17 nautical miles southwest of Pulau Aur, Malaysia, on June 11. The Malaysian-flagged tanker had 22 crew members comprising Indonesians, Malaysians and Myanmar nationals on board at the time of the accident, and […]

  • Bocimar Ends Year on a Downer

    23 January 2015
    Business & Finance

    Belgian dry cargo shipping specialist Bocimar has reported a USD 45.5 million operating loss for the annual period ending December 31, 2014, compared to a USD 3.5 million gain in 2013. Bocimar’s parent company Compagnie Maritime Belge (CMB) described 2014 as ‘‘a big disappointment for the dry bulk markets.”  The Belgian operator says that there were some positive developments within […]

  • Medco prices potential Ophir bid at $440 mln

    11 January 2019

    Indonesian oil and gas company Medco Energi has informed Ophir Energy of the details on the potential offer. 

  • ESC Global Security to Protect Panama-Flagged Ships

    5 March 2015
    Business & Finance

    The Panama Maritime Authority has accredited ESC Global Security personnel to offer protection aboard Panamanian-registered vessels, in what is thought to mark the first Private Maritime Security Companies (PMSC) licence issued under the new Panama Administration. During December 2014, a new set of rules including a new licence fee for PMSCs was introduced whereby failure […]

  • Highlights of the Week – Readers’ Choice

    7 June 2015
    Business & Finance, Equipment, Technology

                    CHEC in Race for Swansea Bay Project Tidal Lagoon Swansea Bay Plc (TLSB) has named China Harbor Engineering Company Ltd (CHEC) as its preferred bidder for a marine works package that will include the construction of the six mile lagoon wall in Swansea Bay.   Busy Start […]

  • NGO: 21 Dead in Gadani Shipbreaking Explosion, Strike Launched

    2 November 2016
    Business & Finance

    Twenty one people lost their lives in a series of explosions aboard an oil tanker which was being dismantled at the Gadani shipbreaking yard in Pakistan, NGO Shipbreaking Platform’s spokesperson told World Maritime News. Out of the 60 workers who were injured in the accident which occurred yesterday, 15 are in critical condition at the hospital in […]

  • Southeast Asia’s Largest Piling Barge Launched

    21 February 2013
    Business & Finance

    The young Singapore marine and offshore engineering industry will soon get another boost of its market share and dominance in the region with HSL Constructor Pte Ltd’s (HSL) latest addition to its fleet of marine vessels. The local marine civil engineering company today launched a new SGD 10 million piling barge – deemed to be […]

  • Hoegh LNG Q4 Income at USD 51.6 Million

    28 February 2014

    Höegh LNG of Norway reported USD 51.6 million in total income in the fourth quarter of 2013, up from USD 37.6 million in the fourth quarter of 2012. Operating profit before depreciation was USD 8.9 million in the quarter, down from USD 20.6 million in the fourth quarter 2012. The deviation is mainly explained by […]