Marine Link
Sunday, October 21, 2018

Asia Pacific News

Marlink Japan Celebrates 40 Years

Photo: Marlink

Marlink Japan, the Tokyo-based arm of global maritime communications specialist Marlink is celebrating 40 years in business this month. Established in 1978 as SAIT Marine, Marlink Japan is the second-longest serving foreign-owned satcom company in the country, and has been delivering communication services and support to maritime clients in the region for longer than any other company.With deep cultural understanding and local knowledge, Marlink Japan provides Customer Support, Technical Service, and Sales and Marketing for customers based in, or operating in Japan, Korea and Far East Russia.

Contract Extension for Tanker Stena Provence

© One eyed Kiwi / MarineTraffic.cm

Concordia Maritime said it has signed a contract to charter out the P-MAX tanker Stena Provence for another year from September 2018.The contractual partner is one of the world’s largest oil and gas companies, who has used the vessel since 2014 for niche transportation of refined petroleum products, mainly in the Asia Pacific region.“This customer has a specific transport need, for which the large load capacity of our P-MAX vessels are well suited,” said says Kim Ullman, CEO of Concordia Maritime.

DOF Bags Subsea Contracts

Skandi Constructor. Photo: DOF Subsea AS

DOF Subsea has been awarded several contracts securing utilisation of personnel and vessels in the Subsea IMR Projects segment. DOF Subsea has been awarded a contract in the Atlantic region by MHI Vestas Offshore Wind for the Skandi Constructor. The contract will commence at the end of Q3 and secures utilisation until the end of 2018. The Asia Pacific region has been awarded several contracts securing ROV and diving work for Skandi Singapore through Q4 2018 for several clients in the Asia Pacific region.A month ago…

Novatek Signs Pact for Kamchatka LNG Transshipment Complex

Photo: Novatek

Russia’s natural gas producer Novatek has signed an agreement of intent on implementing a project for the construction of a marine liquefied natural gas (LNG) transshipment complex in the territory of Kamchatka.PAO Novatek, the Ministry of the Russian Federation for the Development of the Far East and the Government of the Kamchatka Territory signed an agreement of intent on implementing a project for the construction of a marine LNG transshipment complex in the territory of Kamchatka.The Agreement provides for Novatek’s investment in the amount of approximately RR 70 billion.

Trafigura Names First of 35 New Tankers

Photo: Trafigura Group

Singapore's commodity trading company Trafigura Group has named the first of its 35 crude oil and product tankers being built in South Korea and China.The naming ceremony took place at Hyundai Samho Heavy Industries’ shipyard in Jeolanam-do, in the southwest of South Korea yesterday (September 20) in the presence of Singapore’s Senior Minister of State for Transport and Health, Dr Lam Pin Min. Dr Lam’s wife, Dr Jeanette Chen, became godmother to the first vessel to be named, the Mt Marlin Singapore…

Oil Could Rise to $100 by 2019

© alexyz3d / Adobe Stock

Oil prices could rise towards $100 per barrel towards the end of the year or by early 2019 as sanctions against Iran bite, commodity merchants Trafigura and Mercuria said on Monday at the Asia Pacific Petroleum Conference (APPEC) in Singapore.Almost 2 million barrels per day (bpd) of crude could be taken out of the market as a result of the U.S. sanctions against Iran by the end of the fourth quarter this year, said Daniel Jaeggi, president of commodity merchant Mercuria Energy Trading…

New Strategies to Guard Against Future Security Threats

©Hamburg Messe und Congress, Rolf Otzipka

The international conference on maritime security and defense (MS&D), held for the seventh time in Hamburg during the SMM maritime trade fair, focused on current and future challenges to maritime security and defense. Twenty naval, industrial and science experts discussed topics such as how to protect international ocean trading routes, when and how to deploy naval forces on crisis missions, as well as cyber security issues.The welcome address opened the event with somber words as Rear Admiral Thorsten Kähler…

Aqualis Offshore to Position Egina FPSO

(Photo: Aqualis Offshore)

Aqualis Offshore has been handed the position keeping role for installation of the floating production storage offloading unit (FPSO) at Total’s Egina field offshore Nigeria.EPCIC contractor for the $3.3 billion FPSO, Samsung Heavy Industries, has awarded the position keeping work to Aqualis Offshore. The newbuild Egina FPSO was towed from South Korea and arrived in Nigeria in late January for final integration of topside modules built in Lagos.The FPSO measures approximately…

No Delays to Implementing 2020 Sulphur Cap -IMO Official

© Fokussiert / Adobe Stock

The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, an IMO official said on Tuesday."I can categorically say there will not be a delay," said Edmund Hughes, the head of air pollution and energy efficiency at the IMO, during the Asia Pacific Petroleum Conference (APPEC) in Singapore.IMO, the United Nations' shipping agency, will require that vessels start in 2020 using fuel oil with 0.5 percent sulphur…

McLoughlin Joins North P&I Underwriting Team

Pic: North P&I Club

Global marine insurer provider North P&I Club has further strengthened its underwriting team with the appointment of a new U.K. based underwriter combined with some operational changes to a number of senior underwriting roles.Tom McLoughlin joined the team as an Underwriter last week, bringing with him a range of marine experience from his former roles with insurance brokers Marsh in London, and a significant tanker management company in Athens. Initially McLoughlin will work across all of the regional teams as he settles into his new role with the Club.Earlier in the year…

APSATCOM to launch IntelsatOne Flex in China

Pic: Intelsat

Intelsat announced that APT Mobile Satcom (APSATCOM) will become the first maritime solution partner to offer, in China, IntelsatOne Flex for Maritime services.This agreement will deliver a seamless global maritime network for APSATCOM’s customers, providing unparalleled throughput, improved economics, and easier access to broadband services.Under the new, multi-year agreement, Intelsat will provide IntelsatOne Flex for Maritime services, interconnection, and backhaul to APSATCOM’s data centers.

China Navigation Company Opens Vancouver Branch

CNCo Vancouver opening ceremony. From left: Graham Clarke, Founding Chairman, VIMC;  Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia; Chris Daniells, Commercial Director, CNCo; Bernard Huizenga, General Manager, Corporate Business Development, CNCo Americas. Photo: CNCo

China Navigation Company (CNCo), part of the Swire Group, has expanded its presence in North America by establishing a branch office in Vancouver, Canada.The opening ceremony was graced by Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia, who unveiled a plaque in the CNCo office located at W Hastings Street.Minister Bruce Ralston said, “The Province recognises the significant contribution that The China Navigation Company makes to the shipping industry worldwide.

KVH & Intelsat: On the Digitization Fast Track

Image: KVH

While the ship owners and ship managers historically have eschewed the push to increase connectivity at sea, the path to efficiency in the digital age is paved with a robust, high speed and affordable connection. KVH and Intelsat are cooperating to provide all that and more.According to the Crew Connectivity 2018 Survey Report, based on a survey of 6,000 serving seafarers and sponsored by KVH Industries and Intelsat, approximately 75% of seafarers can no use the internet at sea, a 32% jump in three years.

Exxon Mobil Eyes Major Investment at Singapore Refinery

© Igor Groshev / Adobe Stock

Exxon Mobil Corp is considering a multi-billion dollar investment at its Singapore refinery, the company's largest, ahead of new global shipping fuel regulations starting in 2020, a senior executive said on Wednesday."We are currently assessing a multi-billion project in our integrated manufacturing facility here in Singapore," Matt Bergeron, vice president of Asia Pacific Fuels Business at Exxon, said at a bunkering conference."Should the project proceed, we plan to implement…

LNG Bunkering to Grow at CAGR of 62.50% CAGR to Reach $247bn in 2023

LNG for Marine. Photo: Skangas

The global liquefied Natural Gas (LNG) bunkering market is expected to witness a CAGR of 62.5% over the forecast period 2017-2023, and is projected to reach USD 24,684.7 million by 2023.The key factors driving the growth of LNG bunkering market are increase in LNG demand in order to reduce the carbon footprint in the shipping industry stringent international emission policy, the best cost- effective alternative fuel and significant rise in government initiatives supporting LNG adoption.According to a research report from Energias Market Research…

Optimism in Multipurpose Shipping: Drewry

Global consumption of primary energy by fuel type (million tonnes oil equivalent). Graph: Drewry Maritime Research

Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well for the once ailing multipurpose shipping fleet.In the latest edition of Drewry’s Multipurpose Shipping Forecaster report we declare that we remain cautiously optimistic on the outlook for the sector. There are some caveats to this optimism as global general cargo demand is forecast to grow at a rate of just 2% per year to 2022…

Marine Lubricants Market to Reach USD 3.3 Bln by 2024

Image: Gulf Oil Marine Ltd.

The global marine lubricants market is anticipated to expand a robust CAGR of 4.17% during the forecasts period 2016 - 2024, says a study.According a recent study done by Transparency Market Research marine lubricants market which was valued US$2.3 bn is predicted to touch US$3.3 bn by the end of assessed period.On the basis of type of product, the global marine lubricants market is segregated into bio-based oil, mineral oil, and synthetic oil. Of these, the demand for mineral oil is high and is likely to remain like this during the forecast period owing to cost benefits that are provided.

Britannia Maritime Consultants Appoints Mike Hammond, Stephan Dimke

Mike Hammond (left) and Stephan Dimke. Photo: Britannia Maritime Consultants

Britannia Maritime Consultants has announced two senior appointments as part of its expansion into the marine casualty response market.Mike Hammond will head up a new claims and insurance department while Stephan Dimke will provide technical support for digital navigation issues.Mike brings a formidable track record and experience to Britannia, having worked in marine claims both for shipping companies, and more recently as the claims manager for an International Group P&I club with a focus on the Asia Pacific region.Mike’s skills are already in demand…

Sovcomflot Group Launches SCF Far East Tall Ships Regatta 2018

Photo: PAO Sovcomflot

Russia’s largest shipping company Sovcomflot Group (SCF Group) informed that the SCF Far East Tall Ships Regatta 2018 was officially launched. This marks the first time that Russia’s Far East will host an international tall ship race.The principal competition begins on 1 September with the race from Yeosu (South Korea) to Vladivostok, with over 20 vessels from Russia, Japan, China, South Korea, Indonesia, and other countries competing to be the first to cover the distance of over 500 nautical miles. The ships are expected to arrive to Vladivostok on 8-9 September 2018.

DNV GL Rolls-out Digital Hub in Singapore

Photo: DNV GL

DNV GL has launched a digital hub in Singapore as part of the transformation of the oil and gas, maritime and energy industries toward digitalization, including increased cyber security and smart infrastructure.The new Singapore hub is called Digital Consulting and Smart Cities, and will include three teams covering smart cities, cyber security and digital development – including support for DNV GL’s open industry platform Veracity.The digital hub, part of DNV GL – Digital Solutions…

Kwispaa LNG Signs FEED Contract of Two At-Shore LNG Hulls

Representatives from Steelhead LNG, Huu-ay-aht First Nations, Hyundai Heavy Industries and the B.C. Provincial government at Gastech 2018 in Barcelona, Spain.  (Photo: Steelhead LNG)

The Kwispaa LNG Project achieved a significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG hulls.This follows the recent Invitation to Tender to shortlisted EPC (engineering, procurement, and construction) contractors for the FEED work on the At-Shore LNG topsides, marine facilities, pre-treatment, and balance of onshore plant facilities. EPC contractor tenderers include Black & Veatch / Samsung Heavy Industries / PCL Industrial Management Inc.…

Iridium’s Maritime Business Continues Momentum

© bfphoto / Adobe Stock

Iridium Communications Inc. announced today that KDDI Corporation, Navarino and NSSLGlobal Ltd., are the newest Iridium Certus service providers for the maritime industry. Iridium Certus will offer a L-band satellite broadband connectivity solution.With higher speeds, state-of-the-art small form factor terminals and competitive pricing options, Iridium Certus will offer a complete communications platform for all mariners and can serve as a primary service or VSAT companion solution.

Intelsat, APSATCOM Launch IntelsatOne Flex Maritime in Asia

Intelsat S.A. announced  that APT Mobile Satcom Ltd. (APSATCOM) will become the first maritime solution partner to offer, in China, IntelsatOne Flex for Maritime services. This agreement will deliver a seamless global maritime network for APSATCOM’s customers, providing unparalleled throughput, improved economics, and easier access to broadband services, the company said.Under the new, multi-year agreement, Intelsat will provide IntelsatOne Flex for Maritime services, interconnection, and backhaul to APSATCOM’s data centers. The award-winning IntelsatOne Flex for Maritime platform is a seamlessly integrated managed service that offers…

Maritime Reporter Magazine Cover Oct 2018 - Marine Design Annual

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