P & G plans to build CPO factory in INDONESIA

Consumer goods company, Procter & Gamble Home Products (P & G) target the derivative products of crude palm oil (CPO) from Indonesia. Companies from the United States requires one derivative products ie, fatty alcohol of 200,000 tons per year within ten years into...

NOL Reports US$10 Million Q1 Net Loss

NOL Group reported a first quarter 2011 net loss of US$10 million compared to a net loss of US$98 million in the same period last year. NOL said first quarter 2011 revenue was US$2.4 billion, up 16 percent from a year ago. First quarter Core EBIT (earnings before interest...

The FIRST Indonesia GRAVING dock to serve vessel of 100,000 – 150,000 DWT

A total of three national shipping company will build a graving dock or maintenance ship are which separate from port with a total investment of IDR 2.4 trillion. This graving dock will be the first in Indonesia that capable of serving vessels of 100,000 DWT to 150,000...

Saratoga Group took over the Mandala Airline stocks by 51 per cent

Finally, Saratoga Group took over the Mandala Airline stocks by 51 per cent, followed by Singapore airlines, Tiger Airways, by 33 percent, and the remaining 16 percent by the old shareholders and its creditors. The agreement was conveyed Head of Corporate Communication,...

Indonesia's CPO production rise to 25.4 million metric tons in 2012

The data reported by units of foreign agricultural services, the U.S. Department of Agriculture or USDA Foreign Agricultural Service (FAS) in Jakarta said the oil palm industry (CPO) in Indonesia can produce as many as 25.4 million metric tons in the 2011/2012 marketing...

MANDALA Airlines will fly back on June

Finally, PT Mandala Airlines will back to operate immediately. The airline will soon fly again in June. President Director of PT Angkasa Pura II Tri Sunoko claimed to have received a report from Mandala Airlines. "They said Mandala will fly again in June," he said. Tri...

MAERSK Line FIRST quarter profit UP 85%

Danish oil and shipping company A P Moller-Maersk reported an 85 percent rise in first-quarter net profit but reiterated it expects its 2011 bottom line to fall as container margins are squeezed, income from oil activities falls and exploration costs rise. Maersk's first-quarter...

Merpati Airlines fall, this was the fifth plane crash of Chinese production

The fall of Merpati Airlines, MA-60 aircraft to the waters of the Kaimana, West Papua, on Saturday (7 / 5) is the fifth time for an aircraft accident made in China. This accident is also the most fatal accidents have ever experienced MA-60 aircraft since the first time...

Fruit IMPORTS from CHINA increasingly alarming

In the first quarter-2011, imports of fruits, especially for the type of mandarin oranges and pears from China, the more rampant. Data from Central Statistics Agency (BPS) shows mandarin orange imports in January-March 2011 amounting to 85,352,866 U.S. dollars. In fact,...

Singapore voted as BEST Seaport in Asia for 23rd time

Singapore won the Best Seaport in Asia award for the 23rd time at the 25th Asian Freight and Supply Chain Awards (AFSCA) with the Maritime and Port Authority of Singapore (MPA) receiving the prize on behalf of local shipping community. Among the 12 other nominees from...

Decree of the Minister of Finance, EXEMPTION OF IMPORT DUTY for import of Removal Goods to Indonesia

DECREE OF THE MINISTER OF FINANCENo. 137/KMK.05/1997 ONEXEMPTION OF IMPORT DUTY FOR IMPORT OF REMOVAL GOODS THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA, Considering : that within the framework of implementing Law No.10/1995 on Customs Affairs, it is deemed necessary...

Wikileaks tells of NY travel agent who sought to ship jihad nukes in containers

CLASSIFIED assessments of Guantanamo Bay War on Terror prisoners to Wikileaks include a Pakistani-national Saifullah Paracha, who worked as a New York City travel agent, report his detailed knowledge of the export/import business to smuggle radioactive and nuclear weapons...