Cosco Shipping Ports Buys Stake in Beibu Gulf Port
Hong Kong-based Cosco Shipping Ports has purchased a 4.34% stake in Shenzhen-listed Beibu Gulf Port Co for a total consideration of approximately RMB 470 million (USD 68 mln)."By subscribing the shares, Cosco Shipping Ports aim to further strengthen the cooperation with Beibu Gulf Port, and lay a foundation for the Company to participate in the integration of Guangxi ports. At present, Cosco Shipping Ports teams up with Beibu Gulf Port in operating Qinzhou International Container Terminal Co.…
ASEAN Adopts Oil Spill Contingency Plan
International Maritime Organization (IMO) technical assistance and institutional support has been instrumental in the recent adoption of the Association of Southeast Asian Nations (ASEAN) Regional Oil Spill Contingency Plan.IMO said that the plan was adopted by the 24th ASEAN Transport Ministers Meeting, held in Bangkok, Thailand (8 November). The Regional Oil Spill Contingency Plan provides for a mechanism whereby ASEAN Member States can request and provide mutual support in…
European Shipowners Hail EU-Singapore Trade Pact
The European Union and Singapore signed three agreements to take their political, trade, and investment relations to a new level as the landmark trade deal aims to remove import duties and taxes and improve market access for services providers, investors and firms.“European shipowners welcome the fact that the EU and Singapore show their commitment to free, fair and rules-based trade at a time that protectionism is on the rise”, said European Community Shipowners’ Associations (ECSA)’s Secretary General Martin Dorsman…
Plans Emerge for Strategic Indian Ocean Naval Port
Indonesia and India pledged on Wednesday to step up defense and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian President Joko Widodo met Indian Prime Minister Narendra Modi to discuss, among other issues, developing infrastructure and an economic zone at Sabang, on the tip of Sumatra island and at the mouth of the Malacca Strait, one of the busiest shipping channels for global trade. "India is a strategic defence partner...and we will continue to advance our cooperation in developing infrastructure, including at Sabang Island and the Andaman Islands," Widodo told a news conference after the meeting at the presidential palace.
Nimitz Carrier Strike Group Returns to Washington
Washington-based ships assigned to Nimitz Carrier Strike Group (CSG) 11 returned Dec. 10, just in time for the upcoming holidays following a six-month deployment to the Indo-Asia-Pacific region and the Arabian Gulf. The aircraft carrier USS Nimitz (CVN 68), with embarked CSG-11, returned home to Naval Base Kitsap, and Arleigh Burke-class guided-missile destroyers USS Shoup (DDG 86) and USS Kidd (DDG 100) returned to Naval Station Everett. The strike group consists of Nimitz-class aircraft carrier USS Nimitz (CVN 68)…
Keeping Asia Abreast of IMO Activities
International Maritime Organization (IMO) is attending the 34th session of the Association of Southeast Asian Nations (ASEAN) in in Bohol Island, Philippines (19-21 September) to update the Maritime Transport Working Group on its latest activities. IMO is looking forward to enhancing cooperation with the Association of Southeast Asian Nations (ASEAN) members, particularly in pursuing the Kuala Lumpur Transport Strategic Plan which seeks to ensure a sustainable transport network, including low carbon modes of transport.
US Navy a Hazard to Shipping -Chinese Newspaper
The U.S. navy's latest collision at sea, the fourth in its Pacific fleet this year, shows it is becoming an increasing risk to shipping in Asia despite its claims of helping to protect freedom of navigation, an official Chinese newspaper said. The USS John S. McCain and the tanker Alnic MC collided while the guided-missile vessel was nearing Singapore on Monday. The collision tore a hole in the warship's port side at the waterline, flooding compartments that included a crew sleeping area. Ten sailors are missing. The collision - the fourth major accident in the U.S.
Indonesia-Philippines RoRo Service Up
Philippine President Rodrigo Duterte and Indonesian President Joko Widodo on Sunday launched a ferry route that will connect the two countries. The Davao-General Santos-Bitung roll on/roll off shipping service from Mindanao to North Sulawesi, Indonesia at the Sasa port in Davao City is launched in a bid to further boost trade in the Association of Southeast Asian Nations region. According to local media reports, the vessel sailed off for the Davao-GenSan-Bitung sea route with initial 50 containers, five of which are flour cargoes produced by Pilmico Foods Corp. This new route will shorten shipping lead time from five weeks to two and a half days, Jakarta Globe reported Jokowi as saying.
Singapore Exchange to Open LNG Index
Singapore Exchange (SGX) is developing a spot pricing index for the Middle East and India liquefied natural gas markets (LNG) in collaboration with inter-dealer broker Tullett Prebon, says WSJ. The index is aimed at market participants who are forced to rely on tenders for setting up prices due to the lack of an accepted price marker. The deal is aimed at boosting Singapore's status as a key LNG hub providing storage, trading, shipping and price discovery activities. The new index aims to provide a credible…
India, Indonesia Firm Up Maritime Co-operation
Asia’s most populous democracies and emerging powers, have firmed up a blueprint for enhancing maritime cooperation and resolved to jointly combat terror. India and Indonesia enjoy a good maritime partnership. India has backed Indonesia on the latter’s escalating dispute with China on territorial claims in South China Sea. This nexus is expected to irk China. “Indonesia is our most important partner as part of our ‘Act East’ policy,” Prime Minister Narendra Modi had said in a joint statement with Indonesian President Joko Widodo.
A New Maritime Forum?
Japan and Indonesia are planning to establish a new high-level bilateral maritime forum. The Japan-Indonesia Maritime Forum will discuss maritime cooperation., says a report in The Japan News. Under the new framework, Tokyo will support Jakarta’s efforts to protect its maritime sovereignty in the South China Sea and other areas. By deepening cooperation with Indonesia, which has strong influence over the Association of Southeast Asian Nations, and through multilateral participation, Japan hopes to counter China, which has been building military strongholds in the South China Sea.
Philippines: Sea Dispute Won't Shift Ties with China, U.S.
The Philippines' territorial dispute with China over the South China Sea has not caused Manila to rebalance diplomatic ties with either its ally, the United States, or neighbouring China, Foreign Minister Perfecto Yasay said on Wednesday. An arbitration court in the Hague infuriated China in July by ruling that China had no historical title over the South China Sea and that it had breached the Philippines' sovereign rights with various actions there. "We want to make close friendship with China.
China Asks U.S. to Support Resumption of Talks with Philippines
China's foreign minister has asked the U.S. secretary of state John Kerry to support the resumption of talks between China and the Philippines over the South China Sea, following a ruling against Beijing over the dispute earlier this month. China did not participate in and has refused to accept the July 12 ruling by The Hague-based Permanent Court of Arbitration, in which U.S. ally Manila won an emphatic legal victory. Meeting in the Laos capital Vientiane on Monday during a summit of the Association of Southeast Asian Nations (ASEAN), Chinese Foreign Minister Wang Yi told Kerry that China and ASEAN had agreed the dispute should get back onto the "correct" track of being resolved by direct talks with the parties concerned.
U.S. Backs S. China Sea Bilateral Talks
U.S. Secretary of State Kerry says backs bilateral talks; Philippines says dispute does not involve United States. U.S. Secretary of State John Kerry said on Tuesday he supported the resumption of talks between China and the Philippines over the South China Sea, following an international court ruling against Beijing over the dispute earlier this month. China did not participate in and has refused to accept the July 12 ruling by the U.N.-backed Permanent Court of Arbitration, in which U.S. ally Manila won an emphatic legal victory. China's Foreign Minister Wang Yi had asked Kerry to lend his support for bilateral talks to restart between Manila and Beijing in a meeting between the two in the Laos capital of Vientiane on Monday.
ASEAN Breaks South China Sea Deadlock
Manila drops request to refer to court ruling in statement. Southeast Asian nations overcame days of deadlock on Monday when the Philippines dropped a request for their joint statement to mention a landmark legal ruling on the South China Sea, officials said, after objections from Cambodia. China publicly thanked Cambodia for supporting its stance on maritime disputes, a position which threw the regional block's weekend meeting in the Laos capital of Vientiane into disarray. Competing claims with China in the vital shipping lane are among the most contentious issues for the Association of Southeast Asian Nations, with its 10 members pulled between their desire to assert their sovereignty while finding common ground and fostering ties with Beijing.
ASEAN in Discord Ahead of Meeting with top China, U.S. Diplomats
Southeast Asian nations were thrown into disarray after Cambodia on Saturday blocked them from issuing a statement referring to an international court ruling against China's territorial claims in the South China Sea, diplomats said. The U.N.-backed Permanent Court of Arbitration in the Hague handed an emphatic legal victory to the Philippines in the maritime dispute earlier this month, denying China's sweeping claims in the strategic seaway. Foreign ministers from the Association of Southeast Asian Nations (ASEAN) will meet for the first time since the ruling on Sunday, before hosting U.S.
China Says Wants Peace after Paper Warns on South China Sea Clash
China's government sought to downplay fears of conflict in the South China Sea after an influential state-run newspaper said on Tuesday that Beijing should prepare for military confrontation. Editorials in the Global Times newspaper ahead of a July 12 international court ruling on competing claims in the South China Sea by China and the Philippines said the dispute had already been complicated by U.S. intervention. It faced further escalation due to the threat posed by The Hague-based tribunal to China's sovereignty, the paper said. "Washington has deployed two carrier battle groups around the South China Sea, and it wants to send a signal by flexing its muscles: As the biggest powerhouse in the region, it awaits China's obedience," the Global Times said.
France Urges EU's South China Sea Patrols
France aims to push European Union countries to coordinate navy patrols in the disputed South China Sea, French defence minister Jean-Yves Le Drian said at the Shangri-La Asian defence forum in Singapore on Sunday, according to Bloomberg. A senior French official travelling with the minister said France will discuss plans with EU partners in coming weeks, with a focus on guaranteeing that EU navies regularly crisscross the waters. "Could we not have the European navies coordinate in order to ensure a regular visible presence in maritime areas in Asia?
US Urges ASEAN Unity on South China Sea Ruling
China risks "terrible" damage to its reputation if it ignores an impending international court ruling on the South China Sea, the United States said on Thursday, while urging Southeast Asian countries to rally behind the court decision. The Permanent Court of Arbitration in The Hague is expected to rule in coming weeks on a case the Philippines has brought against China's claim to virtually all of the South China Sea, a strategic route for a quarter of the world's trade and oil.
US-ASEAN Connect Initiative, Thanks to South China Sea
The United States and the Association of Southeast Asian Nations (Asean) are taking their relationship to a new level, thanks to heated tensions in the South China Sea. China, a key ally of North Korea, has said its committed to denuclearizing the Northth Korea, but has not been to agree with the US or the United Nations on how to achieve that goal. Asean leaders have reiterated their stand on wanting a peaceful resolution to the overlapping territorial claims in the South China Sea, said Datuk Seri Najib Razak.
US, Australia and EU Warn China on South China Sea
China was warned by many the United States and the European Union that it should respect a ruling later this year on its dispute with the Philippines over territory in the South China Sea, reports Reuters. In a message has been sent to China, which is attempting to turn the artificial islands it has built in the South China Sea into military strongholds, US warned that its self-serving actions are unacceptable. With the South China Sea in mind, a joint statement by the leaders…
China Deploys Missiles on South China Sea Island
Satellite images show new missiles on Woody Island; China says entitled to necessary self defence facilities. China has deployed an advanced surface-to-air missile system to one of the disputed islands it controls in the South China Sea, Taiwan and U.S. officials said, ratcheting up tensions even as U.S. President Barack Obama urged restraint in the region. Taiwan defence ministry spokesman Major General David Lo told Reuters on Wednesday the missile batteries had been set up on Woody Island. The island is part of the Paracels chain, under Chinese control for more than 40 years but also claimed by Taiwan and Vietnam. A U.S. defence official also confirmed the "apparent deployment" of the missiles, first reported by Fox News.
South China Sea Takes Center Stage at US-ASEAN Summit
U.S. President Barack Obama and Southeast Asian leaders turned their attention to China on Tuesday on the second day of a summit intended to improve commercial links and provide a united front on maritime disputes with Beijing. After a first day discussing trade and economic issues at the Sunnylands resort in California, Obama and his Association of Southeast Asian Nations counterparts were to try to arrive at a common position on the South China Sea, where China and several ASEAN states have conflicting claims. Not all the 10 ASEAN nations agree on how to handle the disputes and U.S. officials want a statement calling for China to follow international law and handle disputes peacefully.