Meng, tks for d insight. Like that also can ah. ha ha. suka suka gov, will hv suka suka coy liao. Cheers.

lawcheemeng      ( Date: 12-Oct-2009 11:53) Posted: inndonesian government ruling (cabotage law): It is mandatory to use Indonesian-flagged vessels for the shipping of chemicals, oil/gas and other liquids within Indonesian waters. Chemical tankers came under the rule from Jan this year while the oil & gas tankers will start from Jan 2010. The practical and major hurdle for foreign players is not just the flag but a shareholding cap for foreign companies. In addition, the entire ship crew has to be Indonesian. As a result of the IMO ruling, many non-double hull vessels will be available for sale at rock-bottom prices, which Berlian intends to buy at, according to Peter Chayson, the general manager of Berlian’s investor relations department. Berlian will then flag them and deploy them in Indonesian waters to meet the mandatory requirement on the use of Indonesian-flagged vessels. Foreign-flagged ships have until now captured a significant market share in Indonesia's maritime transportation services. Source: Bloomberg “The timing between the implementation of cabotage rule and the mandatory scrapping can’t be more perfect and this offers a significant arbitrage opportunity,” said Mr Chayson.   The key demand will come from Pertamina which currently uses over 70 foreign-flagged vessels out of its fleet of over 100 vessels. According to analyst reports, state-owned Pertamina spends over US$400 million a year to charter the 100 vessels. Mr Chayson said that 56 of these foreign-flagged ships would come off charter between now and 2010. “This will present a big opportunity for us, and we have a good chance of getting contracts from Pertamina,” he said in an interview with NextInsight last week. "Pertamina is looking for quality service as it is given a huge responsibility by the government to distribute all the much needed oil and gas products across the 17,000 islands in Indonesia on time.”Indo got 17000 island...as mention......enough for those ship to sail a long long time.....hehehehe.........that why BL expand to keep up with the coming contract from they GOV....stated must regsister in indo ...alll the crew must be indo...hehehehe....

Kawan, apa lah, cakap bangsa Melayu, disini????

 Berlian(diamond) Laju Tanker(fast tank, may be M1 USA)-

menjajaki(colonises)

 strategi(stretegy)

demi(when)

kemajuan(progress)

permintaan dunia(act of god lah, pse no offence for religious)!