Southeast Asia Bullish on OFS Market
Offshore project sanctions in Southeast Asia could lift greenfield investments in the oilfield services market by nearly 70 percent in 2020, said Rystad Energy.According to Norwegian energy research firm, the growth will be driven by a handful of new mega-projects across Malaysia, Myanmar and Vietnam, according to the latest tally of project commitments in Southeast Asia by the Norwegian energy research and consulting firm.New final investment decisions (FIDs) in 2021 are expected to sound the starting gun for big contract awards in Vietnam…
Malaysia Works to Clear Plastic Waste Shipments at Ports
Malaysia is negotiating with countries sending their plastic waste to the Southeast Asian nation to take back the trash and is waiving storage fees to clear hundreds of containers of scrap stranded at ports across the country for months, officials say.Malaysia last year became the world's main destination for plastic waste after China banned imports of scrap.The Southeast Asian country upped scrutiny after huge inflows and stopped many containers that looked to unload scrap in Malaysia without the required permits…
30 Missing after Indonesian Ferry Catches Fire
Indonesian rescuers searched on Friday for 30 people missing from the blazing wreckage of a ferry off the coast of Java island.The KM Santika Nusantara was traveling between the country's second-largest city of Surabaya and the town of Balikpapan on Borneo island with 277 people on board, when it caught fire on Thursday evening, government official Syahrul Nugroho told TV channel TV One."About 245 people have been evacuated using small boats, while 30 passengers are still missing," he said.Officials have given no details on the cause of the fire.
Ramelia Begins Maiden Voyage
The LNG tanker Ramelia has been delivered to the chemical tankers in Northern Europe Rederi AB Älvtank, becoming the sixth of eight vessels ordered in the Gothia Tanker Alliance series.The vessels are built on a design where FKAB Marine design, in great cooperation with the owners Furetank, Älvtank and Thun Tankers and together with Avic Dingheng Shipbuilding Co. Ltd., have been involved from the first sketch all the way to Detail Design.This design is an ice class 1A environmental friendly tanker…
Epic Gas Refinances Two LPG Tankers
Singapore-based gas carrier owner and operator Epic Gas has completed the refinancing of two 2010-built liquefied petroleum gas (LPG) tankers.The two ships – the Epic Bali and Epic Borneo (each 2010 built, 7200 cbm) - were both in a finance lease structure and Epic Gas exercised a purchase option to refinance the vessels through a sale and lease back transaction with a Japanese ship owner, a press release from the fully pressurized gas carriers providing seaborne services for the transportation of LPG and petrochemicals.The bareboat charter back term is 10 years…
31 Missing in Indonesian Fishing Boat Sinking
Indonesian rescuers were battling high tides and strong winds on Friday in a search for 31 people missing after a fishing boat sank in waters off Borneo island, killing at least four, an official of the search and rescue agency said.There were 37 people on board the vessel, four of whom had been found dead, while two had survived, agency spokesman Iman Saputra said by telephone."Rescue efforts will go on for the next four days. The obstacles are high tides and strong winds," said Saputra, who is based in Banjarmasin, the capital of South Kalimantan province, near the site of the sinking.The vessel had left the town of Pekalongan on Java island three days ago before running into trouble, Saputra said, adding that the agency had deployed 35 people to hunt for those missing.
IMO Training to Cut Emissions in Malaysian Ports
Malaysian maritime officials are touring the Port of Bintulu on Borneo island as part of an International Maritime Organization (IMO) training package helping countries to reduce emissions in ports.Thirty participants from authorities and ports across Malaysia are taking part in the event (24-26 July), with the aim of gaining improved expertise on assessing emissions in ports and devising strategies to address those emissions.The result – better air quality for local populations…
Fire Stricken Box Ship SSL Kolkata Sits Aground
Responders are facing challenging monsoon season conditions as they work to salvage a containership that caught fire and grounded in the in the Bay of Bengal last month.The stricken containership SSL Kolkata remains aground in soft mud some 7.5 nautical miles off the Indian Sunderbans, Kolkata, West Bengal, after an explosion in one of the containers lit a fire on board the vessel on June 13.An oil spill response team from OSRL has arrived on scene and is the process of managing the counter pollution operations as responders battle challenging weather conditions…
Euronav VLCC Aground near Indonesia
MT Alex, a very large crude carrier (VLCC) owned by Belgian tanker company Euronav Ship Management ran aground in Java Sea. The DWT 299,446 vessel, in laden condition, was sailing between Borneo and Sumatra on its way to Ningbo, China under load of crude oil, when she ran aground on a soft mud bottom. No injuries or pollution have been reported while the vessel remains safely aground, in good weather. No breach of hull, water ingress or mechanical failure are apparent in the assessment made by the crew, while the Class surveyor is expected to board as soon as possible. In a statement Euronav said that it has activated its emergency response plan and has notified all the relevant authorities; the emergency team is assessing the options for refloating the vessel.
Pacific Partnership Arrives in Kuching
Pacific Partnership 2017 (PP17) and Malaysian partners embarked aboard expeditionary fast transport USNS Fall River (T-EPF 4) arrived in Kuching, Malaysia, Apr. 14. As the second and main mission stop in Malaysia, and the third mission stop overall, activities in Kuching will kick off the large focus on humanitarian aid and disaster response, as well civil engineering projects for Pacific Partnership 2017 Malaysia. According to Lt. j.g. Robin Pepper, the mission's engineering sail-in echelon officer in charge…
Shady Triangle: Southeast Asia's Illegal Fuel Market
An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves siphoned thousands of tonnes of fuel from Shell’s biggest refinery is shining a spotlight on an illegal trade worth tens of billions of dollars worldwide. Working routes in a triangle of sea anchored by Thailand, Vietnam and Singapore and encompassing the oil facilities of Malaysia, the smugglers take advantage of a difficult-to-patrol sea and enticing black market prices, experts say.
Adventure Bound: Sunstone Ships Climbs to New Heights
Niels-Erik Lund began his passenger ship career in 1969 as a trainee in a Danish passenger shipping company, DFDS. In the nearly 50 years since, the passenger and cruise shipping industry has changed many times over, with consistent growth being the only similarity between then an now. Today Lund, President & CEO of Sunstone Ships, Inc., has an unfettered view of the expedition cruise sector that he helped to create. With the expedition and luxury cruise segments set for fast growth, Maritime Reporter spoke to Lund to help put the market in better perspective.
Oil Spill Blaze Kills Two off Borneo Island
Thick black smoke rose from a fire at sea near Indonesia's Balikpapan Bay on Saturday (March 31) which had claimed the lives of at least 2 fishermen, local media reported police as saying. Video footage uploaded to a social media website showed thick plumes of dark smoke rising from the fierce fire as people on fishing boats watch from a distance. Indonesia's state owned oil and gas company Pertamina, who have an oil refinery nearby, said in a statement that they had found no leaks at their refinery and that the incident had not halted their operations.
Indonesia Blames Coal Ship for Spill
A coal ship that dropped anchor off the coast of the Indonesian port city of Balikpapan on Borneo island was likely to blame for an oil spill, after dragging a pipeline more than 100 metres and causing it to crack, an energy ministry official said. Indonesia declared a state of emergency this week after the spill and fire killed five fishermen. The environment ministry said the oil covered an area of nearly 13,000 hectares and had polluted 60 km of coastal ecosystems, including mangrove wetlands and marine mammal habitats. "We suspect the pipe was dragged by the ship that caught fire," Oil and Gas Director General Djoko Siswanto told reporters on Thursday.
Pertamina Looks to U.S. for LPG
Indonesia expected to import 70 pct of LPG in 2017. Country seen shipping in around 5 mln T of LPG this year. Indonesian state energy company Pertamina expects to import liquefied petroleum gas from the United States to meet growing demand, with U.S shipments to Asia set to climb following transport developments like the extension of the Panama Canal. That comes as Southeast Asia's largest economy is expected to look overseas to meet at least 70 percent of its demand for LPG in 2017, said Daniel Purba, senior vice president of Pertamina's integrated supply chain unit. "In 2017, as we know with the commencement of operation of canals that can accommodate larger vessels…
Boat with 28 Chinese tourists missing off Malaysia
A boat carrying 31 people, including 28 Chinese tourists, is missing off the coast of Borneo, Malaysian maritime authorities said on Sunday. The boat left Kota Kinabalu, the capital of Malaysia's eastern Sabah state, at about 9 a.m. (0100 GMT) on Saturday bound for the popular tourist spot of Mengalum island, officials said. It was reported missing at about 9.50 p.m. after failing to arrive at the island and a search operation was launched soon after, Sabah and Labuan Malaysian Maritime Enforcement Agency (MMEA) deputy director Rahim Ramli said. Bad weather was hampering the search effort, which covers an area of about 400 nautical square miles. "We are looking at strong winds and choppy waters," he said.
Indonesia Port Disruptions Cause Coal Delays
Loading disruptions at ports in East and South Kalimantan on the Indonesian side of Borneo island are causing a coal supply shortage in one of the world's most important export regions, causing delays as ships wait to take on new cargoes. Shipping data in Thomson Reuters Eikon and port loading schedules seen by Reuters show 136 ships were offshore Indonesia as of Feb. 6, waiting to take on coal. The affected coal ports and anchorage zones include Samarinda in the province of East Kalimantan and Taboneo, near the capital of South Kalimantan, Banjarmasin, on the island's southern coast.
Southeast Asian Nations Designate Safe Shipping Corridor
Indonesia, Malaysia and the Philippines on Monday agreed to designate a transit corridor for commercial vessels crossing a maritime zone hit by a spate of hijackings by Islamist militants in the southern Philippines. Nearly 20 Indonesian and Malaysian tugboat crew have been kidnapped by the Abu Sayyaf militants this year, with Jakarta airing fears that the problem could reach levels seen off the coast of Somalia. Alarmed at the frequency of attacks, port authorities in some areas of Indonesia, particularly Kalimantan on the island of Borneo, have stopped issuing permits to ships taking coal to the southern Philippines. Indonesia is the world's largest thermal coal exporter and supplies 70 percent of the Philippines' coal imports.
This Day In Naval History: August 1
1801 - The schooner, USS Enterprise, commanded by Lt. Andrew Sterett, encounters the Barbary corsair, Tripoli, west of Malta. After a three-hour battle, USS Enterprise broadsides the vessel, forcing Tripolis surrender. 1849 - Pope Pius IX and King Ferdinand of the Two Sicilies, briefly visit USS Constitution and marks the first time that a Roman Catholic pope steps foot on American territory. 1921 - A high-altitude bombsight, mounted on a gyroscopically stabilized base was successfully tested at Torpedo Station, Yorktown, Va. This test was the first phase of Carl L.
Indonesia to Change Name of South China Sea to Natuna Sea
President of Indonesia Joko Widodo, commonly known as Jokowi, has vowed to transform Indonesia, which includes 17,000 islands into a ‘maritime power’, and also includes plans to improve port infrastructure, as well as plans to fund a massive infrastructure programme, according to Bloomberg. Indonesia announced on Wednesday evening that it will seek to change the name of the South China Sea to the Natuna Sea in the area within 200 miles of its Natuna Islands, reports SCMP. Ahmad Santosa…
Navy Discovers Malaysian Tanker
Indonesia's navy has found a tanker carrying almost US$400,000 worth of diesel that was taken by its own crew last week due to a commercial dispute, says a report in AFP. The navy said in a statement that the MT Vier Harmoni with 10 Indonesian crewmen was found off West Kalimantan province on the island of Borneo. There was a dispute between the charterer of the vessel and the crew when a promise of bonus payments was unfulfilled, said Vier Abdul Jamal, chief executive of the ship's owner Vierlines Asia Group.
Recent Vessel Sales: September 2016
Vessel sales for September 2016 (as of October 1) as prepared by Shipping Intelligence, Inc., New York.
Indonesia Maritime Threat Assessment
Militant group Abu Sayyaf (ASG) has conducted frequent kidnap for ransom attacks in the Sulu and Celebes Seas since March 2016, says a report by Protection Vessels International Ltd. Islamic State-affiliated ASG has successfully extracted millions of dollars' worth of ransom payments for individual releases and has decapitated several hostages when ransom demands have not been met. In November, ASG shifted towards targeting commercial vessels and successfully abducted six crew members from a bulk carrier.