East Asia News

20 Feb 2020

Global LNG Demand to Double by 2040: Shell

Image: Shell

Global demand for liquefied natural gas (LNG), rose by 12.5% to hit 359 million tons last year, according to Royal Dutch Shell‚Äôs annual LNG Outlook report.According to the forecast by Shell,  LNG demand was expected to double by 2040 to 700 million tons, with natural gas set to play ‚Äúa growing role in shaping a lower-carbon energy system.‚ÄĚAsia is expected to remain the dominant region in the decades to come, with South and South-east Asia generating more than half of the increased‚Ķ

19 Feb 2020

COVID-19 Could Impact Indian Shipping

Image: Jawaharlal Nehru Port Container Terminal (JNPCT)

India’s shipping and ports industry is likely to be negatively impacted by the outbreak of coronavirus (COVID-19) across China and South-East Asia, according to credit rating agency ICRA.China has been a major driver of global shipping trade in tanker, dry bulk and container segments. The tanker rates had witnessed a spike in Q4 CY2019 due to several factors, including supply correction arising from sanctions on a major Chinese company and Iranian vessels, prospects of US-China…

03 Feb 2020

Austal to Support USN Ships in Australia

Image: Austal

Austal signed an agreement with the United States Navy which will see its Henderson shipyard conduct repairs and sustainment activities on USN and Military Sealift Command (MSC) ships.With the Agreement of Boat Repair (ABR) now in place, Austal’s Australian operations may now bid to provide emergent repair services to deployed USN ships, including the Austal designed and constructed Independence-class Littoral Combat Ships (LCS).The ABR also allows Austal to bid for maintenance and repair of MSC ships deployed to the region…

26 Jan 2020

Vietnam Begins 48 MW Wind Farm Construction

Andrew Johnstone. Photo: Climate Fund Managers

Climate Fund Managers (CFM), the manager of the Climate Investor One facility (CI1), have announced that construction has begun of its 48MW near-shore wind farm in Tra Vinh province Vietnam.CI1‚Äôs Construction Equity Fund has committed USD 71 million to the project company, ‚ÄúTra Vinh Wind Power Company‚ÄĚ, which is jointly funded by Korean energy firm ST International. Vestas, the pioneering global supplier of wind turbines will act as EPC for the project.The collaboration makes use of ST International‚Äôs extensive knowledge of the Asian energy market‚Ķ

16 Jan 2020

THE Alliance Welcomes HMM

Image: Hyundai Merchant Marine

The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have welcomed Hyundai Merchant Marine (HMM) as a new core member of THE Alliance.With the US Federal Maritime Commission (FMC) acceptance of HMM membership, THE Alliance offers an attractive upgraded product package and it will be launched around April 1st, 2020.Based on the existing comprehensive network of THE Alliance, the newly en-hanced product package will offer increasing frequency particularly from South East Asia…

22 Dec 2019

ReCAAP ISC Alerts on Piracy in Singapore Strait

Approximate location of the three incidents in the eastbound lane of Singapore Strait on 20 December 2019. Map: ReCAAP ISC

Three ships were attacked by pirates in Singapore Strait early in the morning, and late at night, on Dec 20, said South East Asia piracy watchdog ReCAAP ISC.Of the three ships that were boarded, two were bulk carriers and one was a tanker. Due to the proximity of the incidents, the same group of perpetrators responsible for the incidents on 20 December 2019 cannot be ruled out.With the three incidents that occurred on 20 December 2019, a total of 27 incidents have been reported in the Singapore Strait in 2019.

20 Dec 2019

Maersk India Trade Report Q3 2019

Photo: Maersk

India’s import and export container trade in Q3 2019 (July-September) remained flat as compared to global growth of 1.5%. The slowdown is aligned closely with the weaker domestic demand, as well as a reflection of the broad-based cyclical weakening of the economic environment in all the main global economies. The negative effects from escalating trade restrictions also weighed on trade growth in the quarter. The trade restrictions have reduced bilateral trade between the United States of America and China…

04 Dec 2019

Mega Cranes Arrive in Liverpool

Image: Peel Ports

Three ‚Äėmegamax‚Äô quayside ship-to-shore (STS) cranes sailed up the River Mersey, destined for the Liverpool2 container terminal, UK, completing the final stage of their voyage from China.The cranes are part of work on the second phase of the Liverpool2 project to provide additional capacity for growing volumes of cargo.Their arrival follows Peel Ports announcing a record-breaking month for its container operations at the Port of Liverpool. Quayside and landside throughput in October at exceeded all previous figures on record with year on year growth of 12%.Mark Whitworth‚Ķ

27 Nov 2019

Viet Nam Readies for Oil Spill Contingency

Pic: International Maritime Organization (IMO)

Work is underway to further develop Viet Nam’s national oil spill contingency plan at a workshop in Ho Chi Minh City, Viet Nam, this week (26-29 November).Forty participants from across 10 government departments and the oil and gas and shipping industry are taking part in the workshop, which is the latest in a series of International Maritime Organization (IMO)-assisted events on oil spill contingency in South-East Asia.Participants are being introduced to international good practices…

22 Nov 2019

DOF Subsea Bags APAC Contracts

Skandi Hercules. Image: DOF Subsea AS

Norway-based international subsea operating company DOF Subsea announced several contract-awards in the Asia Pacific region, securing 130 days vessel and resource utilization into the first quarter of 2020. The contracts, for undisclosed clients in New Zealand and South East Asia, will see Skandi Hercules commence operations in December 2019 for a major operator, said the company which provides integrated project managed and engineered subsea solutions to the global offshore oil and gas industry.Additionally…

06 Nov 2019

Maersk Tests Containerized Battery System

Pic: Maersk

Danish shipping giant Maersk will install a containerized 600 kWh marine battery system on board the 4,500 TEU Maersk Cape Town in December 2019 to improve vessel performance and reliability while reducing CO2 emissions.“This trial will provide a greater understanding of energy storage that will support Maersk in moving towards further electrification of its fleet and port terminals. Maersk will continue to facilitate, test, and develop low-carbon solutions on our journey to become carbon neutral by 2050…

31 Oct 2019

Russia Presses for Northern Sea Route

Mikhail Belkin, State Policy Director, Rosatom; Dr. Torsten Sevecke, Under-Secretary in the Ministry of Economics, Transport and Innovation; Ekaterina Demicheva, Director of Development Rusatom Greenway; Ingo Egloff, Joint CEO of Port of Hamburg Marketing, and Alexander Neklyudov, CEO, Rusatom Cargo. Photo: © HHM

Russia is advocating expansion of ports and shipping along the Northern Sea Route (NSR).The  existing excellent contacts between Port of Hamburg Marketing and Russian ports as well as the Hamburg maritime industry‚Äôs second most important trading partner in seaborne freight traffic provided the occasion for an expert session on the use of the Northern Sea Route ‚Äď NSR - and development of transit freight traffic between Europe and Asia.At a meeting in Hamburg, members of a delegation‚Ķ

29 Oct 2019

Sembcorp Earns 3D Printing Certifications

Sembcorp Marine President & CEO, Wong Weng Sun (right) receiving the certifications from Remi Eriksen, Group President & CEO of DNV GL. (Photo: Sembcorp Marine)

Sembcorp Marine earns 3D printing certifications for parts used in construction and repairsThese certifications will help the Group unlock significant efficiencies and reduce supply chain risksSingapore-based Sembcorp Marine has received certifications qualifying its 3D printing procedures and specifications for components used in its construction and repair projects, paving the way for new efficiencies and reduced supply chain risk, the company said.Awarded by quality assurance and risk management company DNV GL…

28 Oct 2019

Migrant Rescue Ship Seaks EU Help

An NGO which runs the Mediterranean rescue ship Ocean Viking, with 104 migrants onboard, called on European authorities on Monday to designate a safe disembarkation spot.French association SOS Mediterranean, along with Doctors without Borders (MSF), said among those aboard the ship are two pregnant women and 41 children younger than 18."Their anxiety is growing", said Jay Berger, MSF’s project coordinator aboard the Ocean Viking. "They're unsure of what's going to happen to them next."On Oct. 18, the Ocean Viking picked up 104 people aboard an inflatable boat in distress 50 nautical miles off the Libyan coast. Libyan authorities say they assigned the port of Tripoli as a safe disembarkation site for the refugees…

24 Oct 2019

Norsepower Rotor Sails Saves Fuel

Maersk Pelican with Norsepower Rotor Sails. Pic: Norsepower

Finnish technology company Norsepower, along with project partners Maersk Tankers, Energy Technologies Institute (ETI) and Shell International Trading and Shipping Company Ltd., announced successful trial results of two Norsepower Rotor Sails onboard the Maersk Tankers product tanker, Maersk Pelican.The Rotor Sails are large, cylindrical mechanical sails that spin to create a pressure differential, the Magnus Effect, that propels the vessel forward; in this instance a Maersk Tankers’ Long Range 2 (LR2) product tanker vessel…

11 Oct 2019

U.S. Sanctions Deal Blow to LSFO for 'IMO 2020'

file image (credit: AdobeStock / © dbvirago

Highly sought after types of oil best suited to making cleaner shipping fuel are suddenly finding they are a tougher sell for thirsty East Asian markets, traders say, in an unintended consequence of U.S. sanctions on a Chinese shipping fleet.With just over two months until environmental rules are set to mandate the biggest changes to ship power in over a century, certain rare types of West African oil have soared in value but have had to be marked down due to the higher costs of transport.The United States imposed sanctions on units of China's COSCO on Sept.

10 Oct 2019

South Africa to Have First Chemical Tanker Ship

Image courtesy: Sasol

Nduna Maritime, a subsidiary of the Mnambithi Group, and the integrated chemicals and energy company Sasol have invested in South Africa's first locally-owned chemical tanker with a funding agreement made through the Sasol Siyakha Trust.The Bow Cecil is claimed to be the first South Africa flagged vessel to transport chemicals to international markets. "We are particularly proud of this landmark agreement, as it is a significant investment into localizing and diversifying our supply chain.

06 Oct 2019

EMGS Increases Fleet Utilization

Atlantic Guardian. Image: EMGS

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said in its fleet update for the third quarter 2019 showed a fleet utilization of 73 percent,  compared with 29% for the third quarter in 2018. The marine EM market player said that its  vessels were allocated 73% to proprietary work and no time was spent on multi-client projects, in the third quarter of 2019.In the comparable quarter of 2018, the vessels were allocated 29% to multi-client projects and no time was spent on proprietary work.EMGS had two vessels on charter and recorded 6.0 vessel months in the quarter.

29 Sep 2019

Thailand Prepapres for Oil Spill

Image:  International Maritime Organization (IMO)

Supporting countries to prepare for contingencies is an important part of International Maritime Organization (IMO) 's capacity building work.Thailand is the latest country to benefit from IMO assistance to update its oil spill contingency plan at a National Workshop on National Contingency in Bangkok (24-27 September).Thirty-five participants from 15 government entities and oil and gas  companies learned about the latest international best practices, and developments, in the‚Ķ

10 Sep 2019

SE Asia to Expand Floating Solar Set to Grow

Image: Rystad Energy

Floating solar photovoltaic (PV)  panels are making a splash in Southeast Asia. Development of floating solar PV power plants is expected to increase 100-fold in the region over the next five to 15 years, according to energy research firm Rystad Energy. Projects plans are in the works in Thailand and Vietnam as large-scale floating PV installations, with smaller utility-scale floating PV developments being proposed in Indonesia, Singapore and Myanmar.Rystad Energy expects large-scale floating PV developments‚Ķ

26 Aug 2019

Svanehøj Opens Office in Japan

Photo: Svaneh√łj Group A/S

Pump manufacturer Svanehøj is moving closer to a growing customer base in East Asia.The growth of LNG as a fuel opens the door to a huge market for pump manufacturer Svanehøj Group, which is behind the brands Svanehøj, Hamworthy Pumps, Eureka and Dolphin. This year, the company, headquartered in Aalborg, Denmark, expects to quadruple sales of its Svanehøj ECA Fuel Pump for LNG, Ethane and Methanol ‚Äď and sets goal for a further doubling in 2020.Svanehøj supplies several of the largest shipyards in the region‚Ķ

26 Aug 2019

GATE Energy Moves into Singapore

Image: GATE Energy

GATE Energy, a player in oil and gas engineering, commissioning and specialty field services, announced the opening of its new Singapore office."This marks the first permanent location for the GATE Energy family of companies outside of the United States," said a press release.Since GATE Energy first opened its office in North America in 2000, it has continued to forge partnerships and attract customers from multiple sectors of the energy value chain.The new office expansion enables…

20 Aug 2019

SE Asia Plans Oil Spill Contingency

Pic:  International Maritime Organization (IMO)

According to International Maritime Organization (IMO), one of the key elements in oil spill contingency planning is to define the communication channels to be used by cooperating parties when facing an incident.A workshop in Pulau Indah, Klang, Malaysia (19-21 August) has brought together officials from states in the Association of Southeast Asian Nations (ASEAN), to help bring into operation the Regional Oil Spill Contingency Plan, which was adopted in 2018.Participants from nine countries got to grips with key elements of the plan and practiced communications between States…

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