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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Russian Navy Expansion Gathers Momentum

The Russian Navy celebrates its professional holiday by putting two new submarines into service and expects a new warship in the fall and several additional ships

Three Share in Navy US$96.8-M Twin-Ship Modernization Contract

The U.S. Department of Defense informs that AMSEC LLC; CDI Marine Co. LLC; and Q.E.D. Systems Inc., (all located in Virginia Beach, Virginia) are each being awarded a cost-plus-fixed-fee/cost-only,

Costa Concordia Arrives Genoa for Demolition

Crowley Maritime Corp. subsidiary TITAN Salvage and project partner Micoperi has confirmed that the Costa Concordia – the Concordia-class cruise ship that wrecked off Giglio Island,

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1118 sec (9 req/sec)