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.
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
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
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.
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
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
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.
Leaders of the U.S. and British navies agreed on a shared vision for closer cooperation Dec. 11, the culmination of a yearlong effort that will build on a long-standing maritime partnership over the next 15 years. Chief of Naval Operations Adm
• Public Offer of 53,763,000 Units approximately 9.6 times subscribed, valid applications amount to approximately S$478.7 million • Largest REIT IPO in Singapore year-to-date with S$512.9 million raised • Commencement of trading of Keppel DC REIT on the Main Board of the
Capesize rates fall to six-year lows; rates below ship operating costs, according to accountancy firm. Rates for capesize bulk carriers on key Asian routes, which crashed close to six-year lows on Wednesday, will continue their inexorable fall in the face of few fresh cargoes, brokers said.
Littoral combat ship (LCS) USS Fort Worth (LCS 3) arrived in the U.S. 7th Fleet area of operations Dec. 4, marking a key initial milestone in its 16-month rotational deployment in support of the Indo-Asia-Pacific rebalance. Building on USS Freedom's (LCS 1) inaugural 10-month deployment from
SAL Heavy Lift GmbH, the leading Heavy Lift operator, has successfully completed a series of complex and sensitive shipments totalling more than 100,000frtts for the Ichthys LNG Project near Darwin, NT. SAL Heavy Lift was contracted by the Project’s freight forwarder SDV
Somali pirate attacks down by 95 pct since 2011 -Maritime bureau. Cash-strapped maritime security firms are being forced to use fewer costly elite guards and to diversify into other businesses such as cyber security, as a steep decline in Somali pirate attacks and hotter competition erode
Swiss trading house Mercuria has moved to become a significant player in the marine fuel market by hiring a team of close to 40 former employees from the once-largest supplier, traders and sources close to the matter said on Tuesday. The bankruptcy of Denmark's OW Bunker
Owners see rates climb by nearly $22,000 per day; Rates could peak as more tonnage comes free. Rates for very large crude carriers (VLCCs) on key Asian routes could nudge higher amid a flurry of new cargoes and tighter tonnage supply that propelled rates to their highest in nine months
The downfall of a leading marine fuel supplier that prompted sellers to tighten credit terms in Singapore is skewing the post-OW Bunker jostle for market share towards cash-rich trading companies and barge operators, traders said. Marine fuel premiums over cargo prices in Singapore
On 27 November 2014, PSA Group Chairman Fock Siew Wah was conferred the national distinction ‘Commander of the Order of the Crown’ from His Majesty King Philippe of Belgium for his merit, dedication and services rendered to the Kingdom of Belgium.
A trio of 38-metre Flex Ferries, built by Singapore’s Penguin Shipyard International and designed by Southampton-based BMT Nigel Gee, have been delivered to their new owner, Horizon Ferries, following successful sea trials in Singapore.
CMA CGM to improve its ASEA service between Asia and East Africa with the launching of ASEA Kenya and ASEA Tanzania. The CMA CGM Group’s Asia-East Africa (ASEA) service upgrade is scheduled to begin December 2014 with the launch of two new services
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the Group with a view to further strengthen its leadership team. Mr Lee Fook Sun
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
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