Singapore: Marco Polo Marine has proceeded with its listing plan for its 49%-owned subsidiary PT Pelayaran Nasional Bina Buana Raya (BBR) on the Indonesian Stock Exchange.
Jakarta: The Indonesian shipbuilding industry is set to benefit from IDR1.5trn ($156.6m) investments to build new yards and expand existing ones in areas including East and West Java, South Sumatra and South Sulawesi.
Jakarta: In what must come as good news for smaller dry bulk shippers in the Pacific trades, Indonesia said it will allow some exports of raw mineral ore even after the ban is scheduled to kick in from 2014 to give miners more time to build their...
Panjang: Coffee shipments are being delayed due to a lack of feeder vessels as some carriers have stopped or delayed calls at the main coffee exporting port of Panjang in south Sumatra, according to a leading commodities trader.
Jakarta: Indonesia's massive new IDR22.6trn ($2.4bn) Tanjung Priok Port expansion project in North Jakarta is facing delays because the Transportation Ministry has failed to issue concession permits, according to local news reports.
Jakarta: Indonesia has awarded mineral export permits to 55 companies since it introduced curbs in May, a trade ministry official was quoted as saying.
Jakarta: Bank Mandiri last week broke ranks and filed a suspension of payment document with the Jakarta Commercial Court over a IDR250bn ($27m) debt owed by Berlian Laju Tanker.Apparently losing patience, the move was the bank's latest effort to...
Tokyo: While preferring to negotiate, the world's second largest nickel user Japan has threatened to take Indonesia to the WTO over its mineral exports ban if talks break down.
Batam: Accommodations barge APC Aussie 1 broke its anchor and hit a section of Batam's Barelang Bridge at 3.30am on Wednesday, cutting off residents of Pulau Galang Baru and Pulau Abang from the main island of Batam.
