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

Contracts

Double Order for Super Gloria Reachstacker

Kalmar, part of Cargotec, has gained an order for two Super Gloria reachstackers from Tadarsa Logistics S.L. in Aviles, Spain. The largest reachstackers ever built,

Algoma Central Orders New Great Lakes Ships

Algoma Central Corporation announces $160 million investment in fleet expansion and fleet renewal   Algoma Central Corporation announced that it has acquired

Russia, France Close to Deal on Mistrals

Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Port Authority Salvage Ship Repair Ship Simulators
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: 0.2082 sec (5 req/sec)