Marine Link
Tuesday, November 21, 2017

Asia News

Bilden Joins HII Board of Directors

Philip M. Bilden (Photo: HII)

Philip M. Bilden has been elected to Huntington Ingalls Industries’ (HII) board of directors, effective November 7. Bilden retired last year as a co-founding member of the private equity firm HarbourVest Partners. He began his career in Boston in 1991 and relocated to Hong Kong in 1996 to establish the firm’s Asian subsidiary. Throughout his 25-year tenure at HarbourVest Partners, Bilden served in senior leadership roles in the firm’s global management, including the firm’s six-person executive committee responsible for governance.

OOCL Introduces China Pakistan Express 3

Map: Orient Overseas Container Line Limited

Following its announcement of the China Pakistan Express 2 (CPX2) last week, Orient Overseas Container Line Limited (OOCL) is all set to introduce the China Pakistan Express 3 (CPX3), another new Intra-Asia service to expand  its product portfolio by providing a more comprehensive service network connecting the markets of India and Pakistan. The CPX3 provides additional sailing frequency from Central China to Mundra and strategically expands its service coverage in Pakistan. "Together with the CPX2…

US Warship Damaged in Collision with Tug off Japan

File photo: Arleigh Burke-class guided-missile destroyer USS Benfold (DDG 65) in August 2017 (U.S. Navy photo by Benjamin A. Lewis)

A U.S. guided-missile destroyer, USS Benfold, sustained slight damage when a Japanese tug drifted into it during a towing exercise off central Japan on Saturday, the U.S. Navy said. “No one was injured on either vessel and Benfold sustained minimal damage, including scrapes on its side, pending a full damage assessment,” a statement from the U.S. Seventh Fleet said. “Benfold remains at sea under her own power. The Japanese commercial tug is being towed by another vessel to a port in Yokosuka. The incident will be investigated,” it said. The incident was the latest mishap involving a U.S.

US Navy Rolls out New Measures after Deadly Collisions

Significant visible damage to USS John S. McCain (DDG 56) following a collision with the merchant vessel Alnic MC while underway east of the Straits of Malacca and Singapore on Aug. 21. (U.S. Navy photo by Madailein Abbott)

The U.S. Navy has introduced new measures aimed at avoiding a repeat of two deadly crashes in the Asia Pacific region involving its warships and commercial vessels following a review of its practices, the Seventh Fleet commander said on Monday. Vice Admiral Phillip Sawyer’s comments come after a U.S. guided-missile destroyer was slightly damaged at the weekend when a Japanese tug drifted into it during a towing exercise off central Japan, the latest incident in the Pacific this year involving ships from the fleet. The U.S.

USS Coronado Departs Singapore

Photo: United States Navy

The littoral combat ship USS Coronado (LCS 4) departed Singapore Nov. 4 after completing a 14-month rotational deployment to Southeast Asia. During the deployment, the ship and crew operated with navies of 16 partner nations, participated in 11 multilateral and bilateral exercises, and made 10 strategic port visits across the region. "The rotational deployment of USS Coronado demonstrated the relevance of LCS as a platform tailor made for the dynamic and congested sea lanes, straits and archipelagos of South and Southeast Asia…

Coin Ceremony Held for Costa Venezia

Michael Thamm, CEO Costa Group, CEO Carnival Asia gives speech at Costa Cruises New Ship Coin Ceremony (Photo: Costa Cruises)

Carnival Corporation’s Italian brand Costa Cruises held a coin ceremony for its newest ship, Costa Venezia, which is being built to service the Chinese market from 2019. The new 135,500-ton cruise liner is being built by Italy-based shipbuilder Fincantieri, and is the first Vista-class ship specifically designed and built for China. Michael Thamm, CEO of Costa Group and Carnival Asia, said, “The Costa Venezia demonstrates our strong commitment and confidence in the world’s fastest growing cruise market.

Banking on US Shale Gas Boom, Asia Petrochemical Firms Switch to LPG

Asia petrochemicals firms are building tanks and retooling plants to store and process liquefied petroleum gas imported from the United States, counting on a flood of supply from the shale boom to replace costlier naphtha as a raw material. Samsung Total Petrochemical, LG Chem and Royal Vopak are among a number of companies in Asia expanding import terminals or retrofitting plants over the next one to two years as they buy more LPG. The gas is used by petrochemicals firms to make a broad range of consumer and industrial plastics. Asian petrochemicals firms have traditionally used naphtha as a raw material. They are now switching to LPG because rising U.S. supplies have pushed prices below those of both naphtha and LPG from their main supplier, the Middle East.

Geodis Wilson Appoints New Cluster MD

Rene Bach-Larsen

Geodis Wilson announced the appointment of Rene Bach-Larsen as Cluster Managing Director of Singapore and Southeast Asia. Looking forward to his new role of developing Geodis Wilson’s business in one of Asia’s most dynamic economical hubs, Rene said, “The Southeast Asia market—Singapore, Indonesia, Malaysia, Thailand and Vietnam—is certainly often overlooked as a growth area because of its modest size compared to the biggest players China and India. However, from a global perspective, it is actually a key area. It has weathered the global recession well and is experiencing rapid growth.

Wall Named MD of RichLand-LSP

Graham Wall, Managing Director.

RichLand-LSP strengthens chemical logistics business unit with appointment of Graham Wall as Managing Director; Singapore-based logistics solutions provider looks to expand in South-East Asia region under new leadership. Leading chemical logistics solutions provider RichLand-LSP has appointed Graham Wall as Managing Director as it looks to expand its bulk liquid chemical transport operations throughout South-East Asia. Mr Wall brings 25 years of chemical logistics experience…

Better Outlook for Chemical Tankers

Photo: Drewry Shipping Consultants Limited.

Subdued ordering and a narrowing in the tonnage supply-demand gap from late 2018 is expected to support a recovery in the chemical shipping market, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Drewry estimates that tonne-mile demand of chemical commodities will grow at 3.8% on a year-on-year basis in 2017, of which the organic trade is likely to grow only at 1.5%. By contrast, inorganic and vegoil tonne-miles are expected to increase by 6.3% and 6.5%.

Asian Floating Storage Declines as Crude Market Tightens

File Image (CREDIT: AdobeStock / (c) Jose Gill)

Strong demand is tightening the market but rising US output could sap efforts to rebalance market. The amount of oil stored on tankers around Singapore has dropped sharply in the last months, the latest indication that OPEC-led supply cuts are successfully tightening crude markets even as U.S. exports have soared. Shipping data in Thomson Reuters Eikon shows around 15 super-tankers are currently filled with oil in waters off Singapore and western Malaysia, storing around 30 million barrels of crude.

China Unveils Huge Island Building Vessel

Photo by the state media Xinhua

China has has unveiled a massive island-building vessel, which has been called “a magic island-maker” by its designer and is considered the most powerful vessel of its type in Asia, the state media reported. Named Tian Kun Hao, the ship is reported to have a deck the size of nine basketball courts and be capable of dredging up to 6,000 cubic meters an hour and digging as deep as 35 meters under the sea floor. The ship, capable of building artificial islands of the sort the country has constructed in the contested South China Sea…

Australia to Order Two More Patrol Boats

(Image: Austal)

Australian Prime Minister, Malcolm Turnbull, and Timor-Leste Prime Minister, Mari Alkatiri, announced that Timor Leste would take two of Austal’s Guardian Class Pacific Patrol Boats (PPBs). When contracted this will increase the total production quantity to 21 from the 19 already committed. Following on from a visit to Austal’s dedicated patrol boat facility earlier that day, Prime Minister Alkatiri joined Prime Minister Turnbull to make the announcement, heralding a step forward in regional cooperation.

CMA CGM Group Takes Delivery of Corte Real

CMA CGM Group took delivery this morning, Monday August,16th, in South Korea of the CMA CGM Corte Real (13,830 teu) built by DSME (Daewoo Shipbuilding and Marine Engineering), the third of a series of eight vessels named after the great explorers. CMA CGM Corte Real (365 meter long, 51,2 meter large and 15.5 meter draught) is up to date the largest vessel sailing under the UK flag, a European flag which is part of the white list of the “Paris Memorandum of Understanding on Port State Control” a guarantee of safety, security and environmental protection. The vessel will join the CMA CGM Christophe Colomb and CMA CGM Amerigo Vespucci on the FAL5 service (French Asia Line) linking Asia to North Europe.

Wison, KBR Team up for FLNG Project

(Photo: Wison)

 Wison Offshore & Marine said it has signed a memorandum with KBR, Inc. for cooperation on a 1.5 MPTA floating liquefied natural gas (LNG) liquefaction unit (FLNG) in Southeast Asia.   The companies will collaborate on a mutually exclusive basis for Kumul Petroleum Holdings Limited's FLNG project in Papua New Guinea.

Global Shipbuilding to Turn Around in 2017: Castrol

Statistics:  Castrol Marine Trade Barometer

Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, says Castrol Marine Trade Barometer. The Barometer predicts that growth will be driven largely by the Asia-Pacific region, but also Latin America and the Middle East. All European nations but the Netherlands face a downward trend until 2017. Mandhir Singh, COO at Castrol, says, “The main growth in shipbuilding will come from AsiaPacific countries to 2019.

ARL Strengthens Asian Presence

Rolf G. Oetter, Founder and President of Albacore Research Ltd (ARL), and Dr. Oskar Lee announced the official launch of ARL Asia Pte Ltd (ARL Asia) as solutions provider and training and technical center for ARL’s ShipConstructor software in Asia. ShipConstructor is the powerful AutoCAD based 3D product-modeling software for the design and fabrication of ships and offshore structures. As Director of ARL Asia, Dr. Lee will provide CAD/CAM system integration in the Asia Pacific region for all ShipConstructor clients, with the aim to co-ordinate sales and technical support. To aid this effort, ARL Asia has enhanced its website (www.shipconstructor.com.sg) to provide full product, training and exhibit information for ShipConstructor’s Asia-based clients. “Under Dr.

Royal Caribbean Anchors In Asia

Royal Caribbean Cruises Ltd. announced the opening in Singapore of its Asia-Pacific headquarters - Royal Caribbean Cruises (Asia) Pte. Ltd. The regional headquarters, which is located in Singapore's central business district, will support the marketing efforts in the Asia-Pacific region for three of the company's cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Cruises. Headed by Rama Rebbapragada, managing director for Asia Pacific, the office also will provide sales and trade support in the region. With the number of cruise guests sailing in the Asia-Pacific region projected to grow by more than 40 percent, from 1.07 million in 2005 to 1.5 million by 2010, the opening of Royal Caribbean's Asia-Pacific regional office is strategically timed.

CMA CGM Services to Asia and Mexico, Central America & WCSA

Photo: CMA CGM

In a continued effort to provide our customers with reliable and efficient services from Asia to Latin America, CMA CGM wishes to inform about the improvement of ACSA services linking Asia to Mexico, Central America and West Coast South America. Port coverage will increase and will be improved with: Pusan EB call, Balboa EB and Coronel on ACSA 2. CMA CGM will keep providing the most efficient services to link Asia to West Coast Latin America and Caribbean: 4 unique direct services from Asia to Mexico…

THE Alliance Sets Out Service Plans

Photo: Hapag-Lloyd

The members of THE Alliance announced the details of the plan for their product starting from April 2017. THE Alliance plans to deploy a fleet of more than 240 modern ships in the Asia /Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea. The start of THE Alliance as the most integrated liner shipping consortia is scheduled for April 2017 (subject to completion of all relevant regulatory requirements). “The product of THE…

Sea Asia 2011 Ends - Record breaking 12,167 Participants

Sea Asia 2011 ended on a high note this evening with a clutch of records broken at what is now confirmed as Asia’s leading maritime conference and exhibition. As Sea Asia closed at Marina Bay Sands Expo and Convention Centre in Singapore, it was revealed by the organisers that 12,167 people attended the three-day event this week. Over 90% of visitors surveyed agreed that Sea Asia 2011 is a leading and prestigious industry event. The number, comprising visitors, exhibitors, conference delegates, speakers and media, was announced as the dates for the next Sea Asia were confirmed.

Asia Plays Intricate Role In Marine Fuels

The International Bunker Industry Association (IBIA) pointed out the role that Asia will play in the future of the marine fuels industry. As announced at IBIA's recent Bunkering in Asia" conference held in Hong Kong, Asia's leading bunker hubs, include Singapore and Hong Kong, where annual bunker deliveries topped 18 metric tons and three metric tons respectively in 1998. The conference was opened by Stephen Ip, secretary for economic services, Hong Kong Special Administrative Region, who stressed Hong Kong's role as a replenishment port in Asia.

New Europe-Asia Heavylift Service

the BBC KARAN

BBC launches new heavy-lift cargo service between Europe and Asia. On 26 March 2012, the BBC KARAN was the first vessel in the new Europe-Asia service of the multi-purpose and heavy-lift cargo shipping company BBC Chartering to berth at C. Steinweg (Süd West Terminal) in the Port of Hamburg. In Hamburg, the new “BBC Euro-Asia Express Line” service will be offering bi-weekly eastward sailings to Asia. Alongside Hamburg, export cargo for Asia will be loaded at the following European ports: Rauma, Kristiansand, Antwerp, Bilbao and Porto Maghera.

Maritime Reporter Magazine Cover Nov 2017 - The Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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