The Indonesian government has signed contracts worth abouth IDR1.77trn ($129.9m) for the construction of 24 ships that will be used to transport people and goods to and from remote areas in a bid to improve connectivity among the country’s islands...
Indonesian shipping company Soechi Lines plans to raise SGD$300m ($216m) through a multi-currency medium-term note programme on the Singapore Exchange to support its expansion
Maersk Line, which is seeking to grow its presence in Indonesia, has a Letter of Intent (LOI) with the government for alliance on the maritime economic development of Bitung in the east of the country.
Liner giant Maersk Line may try to push the limits in Indonesia, leveraging on the current positive environment to improve the logistics sector, with plans announced to invest $3bn over the next five years in expanding its logistics business in...
The latest Indonesian official being investigated on alleged corruption charges, has a potential impact on the maritime industry as local media reported that the Corruption Eradication Commission (KPK) was looking into the Transportation Ministry...
Samudera Indonesia has won a $70m contract for supplying liquefied natural gas (LNG) to a power plant operated by state-owned gold miner Aneka Tambang in Pomalaa, Southeast Sulawesi, local reports said.
Indonesia is investing in better maritime infrastructure with the transportation ministry appointing three shipbuilders to build eight vessels meant specifically to service the archipelagic nation's navigation systems, local reports said.
Ships plying the Straits of Malacca and Singapore (SOMS) can expect to receive aid for better voyage planning and greater navigational safety with new Electronic Navigational Charts (ENCs).
Indonesia has its sights set on creating two free trade zones that will become one of Southeast Asia's biggest logistics zones and rival Singapore, local reports said.
