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Antara News

07 Sep 2016

Indonesia Eyes Taiwanese Investment in Maritime

Indonesia invites Taiwanese investors and businessmen to invest in the maritime sector to support government programs to make Indonesia into the world's maritime axis, reports Antara News. The Investment Coordinating Board (BKPM) has said the investment potential in the maritime sector has reached US$1.2 trillion. Seeing this great potential and in line with the objective of realizing the vision of becoming an axis of the maritime world, Indonesia invited investors from Taiwan. Director of Investment Planning in the Agribusiness and Natural Resources of the Capital Investment Coordinating Board (BKPM) Hanung Harimba Rachman said the maritime sector is a priority in the countrys 5 year development program. "The maritime sector is a priority in our strategic plan for 2015-2019," Hanung said.

12 May 2015

Say No to Maritime Silk Road China: Indonesian leader

Sultan of the Yogyakarta Sultanate in Indonesia Sri Sultan Hamengkubuwono X asked President Joko Widodo to reject the Chinese government bid to link the World Maritime Axis (Indonesia) with the Maritime Silk Road (China), reports Antara News. Chinese offer for cooperation in the Maritime Silk Road framework could make the Indonesian nation become consumers of their products, he said. "Maritime Silk Road from China is the logistics of the country's path to another country, therefore if their bid is accepted, then it would make Indonesia into China's consumer products forever," said Sri Sultan. Yogyakarta said that the Indonesian Archipelago Sea Lanes (ALKI) had so far always been the target of China, Australia and Singapore.

09 Apr 2015

Japan May Build Seaport in Indonesia

Japan is still interested to build a seaport in Indonesia after its plan to build the Cilamaya seaport was cancelled, reported Antara News as Indonesian Ambassador to Japan Yusron Ihza Mahendra saying. He said he was confident that Japan was still interested to build a seaport, but it will likely conduct a study on the project first before moving ahead. Mahendra met Vice President Jusuf Kalla and discussed the Cilamaya project that had been cancelled as its location would be shifted to the east. Mahendra said that Japan hoped for the presence of a good seaport, so that it could focus on automotive exports. Initially, the development of Cilamaya Port was one of five flagship projects planned with co-operation from Japan…

17 Aug 2007

Daewoo wins $2.1B Order

According to a report on Antara News (www.antara.co.id/en) Daewoo Shipbuilding & Marine Engineering Co. won orders valued at $2.1 billion to build 10 vessels. The deal from a European shipping company calls for the delivery of nine container ships and one drill ship by December 2011.

12 Dec 2005

Pertamina to Procure 32 Oil Tankers

PT Pertamina will procure 32 oil tankers totaling more than 800,000 dwt for domestic oil shipments, according to a report on Antara News. The company`s president was quoted in the report as saying that the company’s oil transportation fleet is aging and needs refurbishment, and that the company would procure the tankers under the bare boat hire purchase scheme, with the intent to own them after about 10 years. Though competition to provide the tonnage would be strong, it was indicated that Pertamina would prioritize locally built vessels. The tankers are expected to be ready starting from 2008 to 2012, and will include two 500 dwt LPG tankers, four 3,500 dwt, three 6,500 dwt tankers, ten 17,500 DWT, ten 30,000 dwt tankers and three Aframax with a capacity above 100,000 dwt.