Myanmar's Oil Spill Preparedness
Myanmar is the latest country to benefit from International Maritime Organization (IMO)’s work to enhance marine oil spill preparedness and response in the ASEAN region.A press note from the UN agency informed that a training course for senior officials and members of the national oil spill management team is taking place in Yangon, Myanmar (12-14 November).The training is focused on the effective response to oil spills, including on both managing risks from shipping and incident management.
Asian LNG Demand to Grow
Currently planned regasification capacity expansions in Asia will allow LNG demand to grow towards 2030, said energy consultent Rystad Energy.Total planned capacity additions is forecasted to reach 700 Mtpa by 2030 driven by expansions in China and India. Asia LNG demand of 392 Mt in 2030 would imply an average utilization rate of 56% if all regasification projects were sanctioned.The seasonality in East Asian demand will require China to continue its capacity development, while…
Asia-Pac Offshore Wind Capacity to Rise 20-fold in a Decade: Wood Mackenzie
Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027, said new research from global natural resources consultancy Wood Mackenzie. Future offshore wind prices will be competitive with traditional thermal prices, it said.Leading the charge is China, which is expected to see offshore wind capacity grow from 2 GW last year to 31 GW in the next decade.Next is Taiwan which will account for 20% or 8.7 GW of offshore wind capacity by 2027, making it the largest offshore…
EU Commits USD 341 million for Clean, Healthy and Safe Oceans
The European Commission (EC) has announced EUR 300 million (USD 341 million) of EU-funded initiatives, which include projects to tackle plastic pollution, make blue economy more sustainable and improve research and marine surveillance.According to a communication from EC, this important contribution comes on top of the over €550 million committed by the European Union, when it hosted the Our Ocean conference last year in Malta.High Representative/ Vice-President Federica Mogherini said: "The state of our oceans calls for determined global action.
Gas to Overtake Oil as Primary Energy Source by Mid-2030s
Nearly two-thirds (64%) of oil and gas sector leaders expect to increase or sustain spending on gas projects in 2018, as the sector prepares for gas to overtake oil as the world’s primary energy source in the mid-2030s. Confidence in the case for gas is growing, according to a survey by DNV GL, the technical advisor to the industry. The vast majority (86%) of the 813 senior industry professionals surveyed agree that gas - the least carbon-intensive fossil fuel - will play an increasingly important role in the global energy mix over the next decade, up from 77% last year.
Marine Environment Protection for Southeast Asia Seas Project Launched
Seven ASEAN countries have formally launched an ambitious initiative aimed at improving the environmental health of the seas in the region, through the implementation of key International Maritime Organization (IMO) marine environment protection treaties. Senior decisions makers of maritime administrations of the beneficiary ASEAN countries (Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam) met for their first high-level regional meeting in Bali, Indonesia (25-27 June), to kick-start the “Marine Environment Protection for Southeast Asia Seas (MEPSEAS) Project”.
ASEAN Members Strengthen Oil Spill Preparedness
Oil spill contingency planning is in the spotlight at an IMO regional workshop in Pulau Indah, Malaysia (2-6 July). The workshop is helping countries (ASEAN Member States: Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Thailand, Vietnam and Singapore.) in South East Asia become more familiar with the ASEAN Regional Oil Spill Contingency Plan - designed to enhance cooperation between States. Participants are reviewing a number of aspects of the plan and exercising its communication procedures.
"Vladimir Rusanov" Completes First Eastern Transit
Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", which is jointly owned by MOL and China COSCO Shipping Corporation, has successfully arrived at the Bering Strait. The vessel carried out a LNG loading operation in the Yamal LNG plant at Sabetta port, before sailing for the Far East via the Northern Sea Route on 25 June. The vessel safely arrived at the Bering Strait on 6 July, and is planning to call Jiangsu Rudong port in China for an unloading operation of its LNG cargo.
Yang Ming Marine Transport Upgrade China-Indonesia Service
Taiwanese ocean shipping company Yang Ming Marine Transport Corp. (YM) will upgrade its China to Indonesia Service (CTI service).Four container vessels of nominal 4,250TEU will be deployed for the service effective on 7th August 2018.They will serve customers not only from Central & South China to/from Jakarta & Surabaya but also provide direct service from Davao to Kaohsiung & China.The CTI service will make a round voyage in 28 days. The rotation of ports of call are: Shanghai–Ningbo–Shekou–Jakarta–Surabaya–Davao–Kaohsiung– Shanghai.
APL Adds New Iraq Port Call
The provider of container shipping and global transportation services APL has announced that the Gulf Asia Express 2 (GA2) service will soon be calling the port of Umm Qasr.The CMA CGM=owned company said that the service will also make a second call to Jebel Ali during the return leg of its service rotation to Asia. These developments demonstrate APL’s commitment to continuously provide market connectivity between the Far East and Middle East.The enhanced GA2 service is primed…
ZIM Annouces New Asia - America Network with 2M
Zim Integrated Shipping Services (ZIM) has announced the new Strategic Partnership Agreement with the 2M alliance, details of the new improved Asia - U.S. East Coast – Asia network that are now available.Nissim Yochai, ZIM EVP Trans Pacific Trade, said: "The new alignment will enable ZIM customers to enjoy the best of both worlds: ZIM’s highly reputed personalized service, along with the best-in-market infrastructure and product.”The new upgraded network includes 5 services under the ZIM+2M cooperation…
Asian Cruise Market Growth Continues -Report
Cruise vacations are growing increasingly popular in Asian markets, according to the latest report from trade association Cruise Lines International Association (CLIA).Asian-sourced ocean cruise passenger numbers hit another record high in 2017 with more than 4 million taking an ocean cruise (up 20.6 percent), CLIA’s 2018 Asia Cruise Trends report revealed.Asia accounted for about 15 percent of total global ocean passenger volume in 2017 as mainland China maintained its dominance as a key source market…
IMO Focus on Maritime Security
Maritime security is a key element of International Maritime Organization (IMO)'s work and, over many years, the Organization has developed a number of measures to help promote and sustain it.The focus is now on helping countries build their capacity to put these measures into practice, said a press note from IMO.IMO regularly partners with other agencies to do this. As part of a continuing collaboration with the UN Office on Drugs and Crime (UNODC), a national contingency-planning…
Optimism in Multipurpose Shipping: Drewry
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…
Dual-fuel Tug Delivered to Keppel Smit Towage Singapore
Keppel Offshore & Marine’s shipbuilding arm Keppel Singmarine has delivered its second dual-fuel tug capable of running on liquefied natural gas (LNG). The new vessel, named named Maju Loyalty, was built for Maju Maritime (which is merged operationally with Keppel Smit Towage).Abu Bakar, managing director, gas and specialized vessels, of Keppel O&M, said, "Leveraging our newbuild experience and capabilities in LNG, we were able to ensure the smooth execution and timely delivery of this project. This is the second dual-fuel tug built by Keppel O&M, and furthers our track record in the design and construction of cost and energy efficient LNG-fueled vessels.
Keppel Partners GTT on LNG Solutions
Keppel Offshore & Marine (Keppel O&M) has signed a Technical Assistance and License Agreement (TALA) with Gaztransport & Technigaz (GTT) that will enable the companies to jointly market liquefied natural gas (LNG) solutions leveraging GTT's membrane containment systems and Keppel's shipyard expertise.Keppel O&M's network of global yards will be able to offer GTT's LNG systems in the design, construction and maintenance of LNG carriers, LNG Bunker vessels, LNG-fuelled vessels, and floating storage and regasification units (FSRU).Since completing its first LNG carrier repair in 1990…
Maersk Tests Russian Arctic Route
The Danish-flagged cargo ship Venta Maersk, owned by the world's biggest shipping group A.P. Moller-Maersk, has successfully passed through the Russian Arctic, in a trial voyage showing that melting sea ice could potentially open a new trade route from Europe to east Asia.Palle Laursen, the chief technical officer of A.P. Moller-Maersk saying that the cargo vessel has made the journey as a one-off trial. “The trial allowed us to gain exceptional operational experience, test vessel systems…
Gulf Marine Services Bags New Contract
UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, said it secured a new contract for one of its Small Class vessels.The new charter is for 12 months (including options) and is scheduled to commence shortly. The vessel will be supporting well intervention activities for a national oil company (NOC) in the MENA region.Duncan Anderson, Chief Executive Officer of GMS…
Global Oil Demand to Peak in 2023
While DNV GL’s model predicts global oil demand to peak in 2023, demand for gas will continue to rise until 2034. New resources will be required long after these dates to continue replacing depleting reserves. DNV GL’s 2018 Energy Transition Outlook, an independent forecast of the world energy mix in the lead-up to 2050, predicts global upstream gas capital expenditure to grow from USD960 billion (bn) in 2015, to a peak of USD1.13 trillion in 2025. Upstream gas operating expenditure is set to rise from USD448 bn in 2015 to USD582 bn in 2035…
One Minato Shines Through Port of Yantian
Ocean Network Express East Asia (ONE EA) has celebrated the maiden voyage of the second of a series of seven 14,000 TEU-class magenta containership of the company, ONE MINATO at Yantian International Container Terminals Limited (YICT).Sailed under the flag of Japan, One Minato is a newly built 14,000 TEU-class containership which was delivered from Imabari Shipbuilding Co., Ltd. in Hiroshima, Japan on 24 July 2018.At 365.94 metres length and 51.2 metres width, the vessel deployed on THE Alliance’s Asia to North America East Coast trade (EC4 service)…
NZ Harbour Welcomes its Largest Container Ship
The largest Port in the South Island of New Zealand, Lyttelton Port, has welcomed its largest ever container ship.The Singapore–flagged Rio de Janeiro, which can carry nearly 6000 containers and is the length of about three rugby fields, arrived early Saturday.Lyttelton Port Company (LPC) Chief Executive, Peter Davie said, “The Rio de Janeiro is a new class of ship to call at Lyttelton. She can carry 5,905 twenty-foot equivalent containers (TEUs), while the largest container vessels currently visiting Lyttelton commonly carry 4…
World’s Biggest Container Ship on Maiden Call at Westports
The world’s biggest container ship, OOCL United Kingdom, made her maiden call at Malaysia's Westports in Port Klang on her way to China.The OOCL United Kingdom, with a carrying capacity of 21,413 TEUs, is one of the carrier’s six ‘G Class’ vessels and they are currently the world’s largest container ship.The vessel berthed at Container Terminal 8, Westports new container wharf that was completed in 2017.Westports has earmarked nine high-performance ship-to-shore cranes to handle OOCL United Kingdom’s containers.
Cruise Ship Costa Venezia Floated Out
Italian shipbuilder Fincantieri hosted a float-out ceremony for a new cruise ship under construction for Carnival Corporation’s Italian brand Costa Cruises. The new ship, Costa Venezia, is Costa’s first ship designed and built specifically for the Chinese market.“As our first ship built specifically for the Chinese market, Costa Venezia marks a new era not just for Costa Cruises and Fincantieri but for the Chinese cruise industry as a whole,” said Mario Zanetti, president of Costa Group Asia.