China to Build 2,500 Ships for Indonesia

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 Today

The Maritime Industry's original and most viewed E-News Service

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


VT Halter Launches Barge for Bouchard

VT Halter Marine, Inc. (VT Halter Marine), a company of Vision Technologies Systems, Inc. (VT Systems) and Bouchard Transportation Co. announced that Barge B. No.

Fugro to Survey off Equatorial Guinea

Fugro has been awarded a contract by Ophir Equatorial Guinea (Block R) Limited for the provision of survey services for the development of large scale assets and

Thyssenkrupp Bids for Australian Sub Contract

German industrial group Thyssenkrupp has submitted an offer to the Australian government for a contract to build stealth submarines potentially worth tens of billions of euros,

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Shipbuilding / Vessel Construction 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: 0.0748 sec (13 req/sec)