Cabotage issue in Shipping Industry

Cabotage no longer an issue in new shipping industry

The implementation of the cabotage principle and the establishment of a special port authority should no longer be a problem for the new shipping law, which became fully effective on Saturday. more..

Govt told to hunt for oil in eastern regions

In a bid to ramp up its oil and gas production, Indonesia needs to boost exploration efforts in remote areas, particularly in the eastern part of the country, which is still considered relatively “virgin”, a senior official says. more..

Mideast crisis and global oiling growth

Oil prices have risen as political risks have been added to fundamental supply and demand. Events in the Middle East have added uncertainty to investors’ expectations about where the market is heading, and that uncertainty has added a risk premium to the price of oil. more..

IPO-Bound Shipper Buana Plans to Cash in on Cabotage

With its initial public offering looming, shipping company Buana Listya Tama said its profit would more than double this year from $67 million in 2010 as the long-delayed implementation of cabotage regulations comes into effect. more..

Palm Oil Companies Hope to Persuade EU to Lower Its Standards for Imports

Indonesian palm oil producers hope the Asean-European Union Business Summit leads to a breakthrough in exports of crude palm oil to Europe, which fell sharply after more stringent environmental regulations were put in place last year. more..

Pemerintah Bisa Tunjuk Pengelola Blok West Madura

SURABAYA--MICOM: Pusat Studi Kebijakan Publik (Puskepi) menilai Pemerintah Pusat mempunyai kewenangan penuh menunjuk pihak manapun untuk mengelola blok migas West Madura Offshore/WMO. Selengkapnya..

Newmont Tuntaskan Divestasi Saham

JAKARTA--MICOM: Nusa Tenggara Partnership BV, selaku pemegang saham asing PT Newmont Nusa Tenggara, telah menyelesaikan kewajiban divestasi sebanyak 51 persen saham. Selengkapnya..