Fifteen ships and 1,500 personnel from 16 Asia-Pacific countries took part in exercises off Singapore on Tuesday with the aim of forging stronger ties to protect the region's vital sea lanes. The first Western Pacific Mine Countermeasure and Diving Exercises will continue until June 22 in the Strait of Singapore and the South China Sea. "The Malacca Strait, Singapore Strait and South China Sea together form one of the busiest shipping lanes in the region," Singapore's Defense Minister said. "According to the UN, more than half of the world's shipping tonnage transits through these shipping lanes each year and this will continue to grow by five percent annually over the next 10 years." The defense minister said the drills would promote greater dialogue among the participating countries - Australia, Canada, China, France, India, Indonesia, Japan, Malaysia, New Zealand, Papua New Guinea, Russia, Singapore, South Korea, Thailand, the United States and Vietnam. The 11-day event is the first time Singapore's navy has held a multilateral exercise on such a large scale. It is also the first time Western Pacific Naval Symposium countries have taken part in a combined exercise.
Singapore Technologies Engineering wins Ministry of Defence (MINDEF) contract for the design & build of eight new vessels. The Group’s marine arm, Singapore Technologies Marine Ltd (ST Marine) will build the eight vessels at its Singapore Benoi Yard. Singapore Technologies Electronics Limited (ST Electronics), the Group’s electronics arm, will supply the core combat systems and combat system integration solutions.
A joint maritime exercise involving the navies and air forces of Singapore and Australia is being held in the Singapore Strait and the South China Sea, from May 7 to 11. Singapore's Defense Ministry said on Wednesday in a statement that both navies are exercising under the conventional range of scenarios, from maritime surveillance, air defense to anti-submarine warfare, as well as in the maritime security scenario of defense against small boat threats.
The fourth phase of the 13th annual Cooperation Afloat Readiness and Training (CARAT) exercise series began July 13 in an exercise that will include an estimated 1,500 military personnel, 13 ships, a submarine and the newly-commissioned Republic of Singapore Navy (RSN) frigate RSS Formidable (68). Members representing the combined armed services of both nations, dignitaries and local and national media gathered for the exercise's official kick off at the RSN’s Fleet Command
The 19th annual Cooperation Afloat Readiness and Training (CARAT) Singapore exercise commenced with an opening ceremony at Changi Naval Base, July 15. Continuing through July 26, CARAT Singapore 2013 consists of 12 days of shore-based and at-sea training events designed to address shared maritime security priorities, develop relationships, and enhance interoperability among participating forces. CARAT Singapore is part of a series of bilateral naval exercises between the U.S
Recruitment company Faststream has announced the appointment of a new director. Jason Tay has been promoted to director level in the Group’s Singapore base in recognition of his progression and contribution to the business, the company said. Established in 1999, Faststream is a recruitment company specializing in services to the oil and gas, shipping and maritime, offshore, mining and built environment sectors. The Group employs 130 in total across its U.K
In their fight against piracy in regional waters, the navies of both Singapore and Indonesia are intensifying patrols, Singapore's Shipping Times reported. Joint patrols between the Singapore and Indonesian navies are expected to take place over the next few months, especially in the piracy hot spots in the region, the paper said. The move was seen necessary as the increased patrols and precautions taken by the Malaysian counterparts are likely to drive more pirates into Singapore's and
Singapore is hosting a series of multilateral maritime security activities that include a two-day weekend sea exercise involving 18 warships and a seminar, the Jakarta Post reported. The events are being attended by navies from countries including China, Japan, Russia, the United States and France, the Defense Ministry said. The navies will use simulators in a tactical training exercise to establish procedures in dealing with maritime security threats, the ministry said.
Austal has announced that Michael Little has joined Austal as Regional Service Manager - Asia. Based in Singapore, Mr. Little will be responsible for Austal’s support offering in Singapore, Hong Kong and the Philippines and for developing relationships in the broader region. Mr. Little has considerable experience in the Asia-Pacific ship repair industry and direct expertise supporting US Navy operations in the region
ST Engineering unveiled a suite of total naval solutions offered by its Electronics and Marine arms at IMDEX Asia 2013, designed to provide users with comprehensive maritime awareness, command, control and advanced communications systems. From May 14-16, 2013, at the ST Engineering Booth in the Changi Exhibition Center, ST Electronics and ST Marine will showcase their capabilities covering Maritime Safety, Humanitarian Assistance and Disaster Relief
OW Bunker owes financers more than $750 million-creditor data; six more vessels arrested; 7 in total. The Singapore arm of bankrupt Danish shipping fuel trader OW Bunker will meet with its liquidator KPMG in early December to discuss the firm's outstanding debt, which totals almost $1
JPMorgan Chase & Co has hired Edwin Tay, formerly with Glencore, as a senior crude oil trader in Singapore, industry sources said on Wednesday. Tay starts with the U.S. bank in January, they said. JPMorgan declined comment. JPMorgan completed the sale of its multibillion-dollar physical
The Surface Navy Innovation Center (SNIC) has been opened by Lockheed Martin to support the development of new technologies for the U.S. Navy. The SNIC is a research, development and demonstration facility that brings together industry, government and academia to design the next generation of
Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs) on key Asian routes are set to continue the rebound that started on Wednesday with a raft of new cargo requirements and upbeat sentiment
Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to its announcement on 11 July 2014 on the setting up of ST Electronics do Brasil Serviços e Soluções em Sistemas Eletronicôs Ltda (ST Electronics Brazil) in Brazil
The world's largest ship fuel supplier OW Bunker said it would file for bankruptcy as soon as possible to the probate court in Aalborg in the northern part of Denmark. OW Bunker said on Thursday it has discovered fraud by senior employees in its Singapore-based subsidiary.
Traders and shipping companies scrambled to source fuel and take over supply contracts on Friday after Danish marine fuel supplier OW Bunker said a suspected fraud at its Singapore subsidiary had pushed it to the brink of bankruptcy. The alleged fraud at Singapore-based subsidiary Dynamic Oil
The ongoing congestion in Manila has not improved. Consequently, the situation resulted in cumulative delays and build up of containers at the transhipment port in Singapore. In view of this, Hapag-Lloyd will temporarily halt booking acceptance for shipments destined to Manila North
The International Bunker Industry Association (IBIA) has announced a series of measures to support companies and individuals impacted by last week’s collapse of OW Bunker. In Singapore, IBIA will be taking part in dialogue sessions led by the Maritime & Port Authority of
Fuel barge Laguna, carrying oil sold by Hin Leong to OW Bunker, arrested. Total claims against OW Bunker Far East and Dynamic Oil now over S$5 mln. Oil firms stepped up legal action against the Singapore units of bankrupt ship fuel trader OW Bunker with the arrest of a ship fuel delivery barge
Major oil companies, trade firms to expand market share; tight credit hits small retailers. The collapse of OW Bunker in the wake of an alleged fraud at its Singapore trading unit will shake up the city state's more than $25 billion marine fuel market, the world's largest
Hong Kong bunker suppliers are expecting up to 20 percent more inquiries from shipowners who have had fuel contracts cancelled after the world's largest supplier announced its bankruptcy last week, sources said on Friday. Since the fall of OW Bunker
Defense Secretary Chuck Hagel is expected to make a decision soon on how to make a new class of smaller warships more lethal and survivable, the Navy's top admiral said on Saturday. Chief of Naval Operations Admiral Jonathan Greenert expected a quick decision based on a recommendation
Demand for shipping fuel at major Indian ports has climbed in the past week by up to 25 percent as the cost of refuelling at Singapore, Asia's bunkering hub, soared following the collapse of the world's leading supplier, traders said. The announcement of OW Bunker's bankruptcy drove up shipping
The "4th Annual Conference on the Outlook for Bunkering and Marine Lubricants in India" will be held on Thursday, December 4, 2014 at the Hotel Vivanta by Taj-President, Cuffe Parade, Mumbai. With the demand for shipping fuel at major Indian ports having climbed in the past