During the second Belt and Road Forum held at Beijing last week Chinese companies continued to grow their influence port agreements inked across multiple continents.
Royal Boskalis Westminster (Boskalis) has been awarded two dredging contracts in Indonesia, worth $84.35m for expansion of a container terminal and a new petrochemical complex.
The pipelayer Star Centurion, part of the fleet of Vallianz Offshore, has sunk following a collision with a Pertamina tanker off Indonesia.
The offshore vessels market is expecting to benefit from an uptrend in tendering activity that will help to absorb part of capacity glut and improve utilisation, according to Indonesia’s Wintermar Offshore Marine Group.
APL is building up its Intra-Asia network with the addition of a second service string from Shanghai and Ningbo to Jakarta and Surabaya,
Indonesia has relented on planned cabotage rules for the international transport of certain key commodities, with local reports citing trade minister Enggartiasto Lukita as saying that his ministry had revoked the relevant regulation.
Indonesian President Joko Widodo highlighted the importance of the transpacific trade while visiting a CMA CGM vessel in Jakarta International Container Terminal (JICT) on Tuesday.