Indonesian state shipping firm Pelni expects net profit to rise by about half this year to IDR305bn (US$22.7m) from around IDR200bn in 2016, after the introduction of its freight liner service on the maritime highway and greater cost efficiency...
One of the most serious ferry accidents in Indonesia in recent years has resulted the confirmed deaths of 23 with at least 17 others still missing. The Zahro Express, which was carrying New Years' Day revellers to the resort island of Pulau Tidung...
Indonesian authorities have nabbed six suspected pirates in the waters off Batam Island. Local media reported that the alleged pirates operating in the Malacca Straits were caught by Western Fleet Quick Response Team from the Indonesian Navy’s...
Indonesian oil and gas shipping firm Berlian Laju Tanker (BLT) said its cost-efficiency efforts had helped to cushion the company from further drops in financial performance in the third quarter, local reports said.
Indonesian shipping company Humpuss Intermoda Transportasi has set aside $130m for capital expenditure next year to buy eight new vessels, local media reported.
Rickmers Shipmanagement has won a new client in the shape of Samudera Indonesia for a pair of bulk carriers.