China to Build 2,500 Ships for Indonesia

Xinhua
Tuesday, January 29, 2013
Short Sea Cargo Ship: Photo credit Wikimedia CCL

Indonesia Chamber of Commerce & Industry (Kadin) to import 2,500 short sea service ships from China starting this year.

Natsir Mansyur, Vice Chairman of Kadin's Trade, Distribution and Logistics division informed Xinhua, the officeal China News Agency, that Kadin has signed the agreement with China and a total of 2,500 coastal and short sea ships worth US$5-billion will be delivered gradually within 5 years starting 2013.

The massive order for ships is aimed to improve the logistics and distribution performance amongst ports scattered throughout the Indonesian archipelago,

Transporting goods in Indonesia, the world's largest archipelago with 17,000 islands, is very costly due to poor logistics and bad infrastructure. A report released by World Bank showed Indonesia's position in the 2012 Logistics Performance Index at 2.94 on a scale of 5, ranking it 59th, to lag behind its regional peers, the Philippines and Vietnam.

Source: Xinhua

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

DMW Marine Takes the Lead in Military Cranes

DMW Marine Group, LLC. has completed a number of projects for the U.S. Navy and foreign Navies in recent years, claiming a place as a go-to supplier for Navy departments globally.

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

Two ASC Kalmar Cranes for DP World Brisbane

Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1119 sec (9 req/sec)