Nautilus Minerals to Acquire Production Support Vessel
The underwater mineral exploration company headquartered in Toronto Nautilus Minerals Inc. is currently negotiating the terms of an agreement with arm's length third parties that would involve the creation of a new joint venture company - Vessel JV - to be owned by the third parties and Nautilus’ subsidiary, Nautilus Minerals Niugini Limited (NMN).The purpose of the Vessel JV would be to fund the acquisition of the Production Support Vessel (PSV) that Nautilus had previously arranged…
China CNOOC receives first LNG shipment from Russia's Yamal project
China National Offshore Oil Co, or CNOOC, offloaded a liquefied natural gas (LNG) cargo on Nov. 11 shipped from Yamal, first of its kind the Chinese firm received from the Russian Arctic gas project, CNOOC said on its website on Tuesday.The cargo, purchased from Russian firm Novatek, was delivered into CNOOC's receiving terminal in Putian of southeastern province of Fujian.Novatek controls Yamal LNG, which is co-invested by France's Total, China's CNPC and the Silk Road Fund. Yamal launched its second LNG train in August with an annual capacity of 5.5 million tonnes.
Novatek Ships First LNG Cargo To China Via Arctic
Novatek Gas and Power Asia, wholly owned subsidiary of Russia’s largest independent natural gas producer Novatek, shipped a cargo of liquefied natural gas (LNG) produced from the Yamal LNG project to China National Offshore Oil Corporation (CNOOC).The LNG cargo was delivered to Fujian LNG Terminal in China via the Northern Sea Route (NSR) by an Arc7 ice-class LNG carrier in 20 days, completing the NSR part of the journey in 7.5 days.A release from the natural gas producers quoted Leonid Mikhelson…
Fujian Shipbuilding Terminates Nautilus’ Shipbuilding Contract
Fujian Mawei Shipbuilding has canceled the construction contract for the Nautilus Minerals’ Production Support Vessel (PSV), a part of the Nautilus’ Solwara 1 project located offshore Papua New Guinea. "We have been notified by Fujian Mawei Shipbuilding, the owner of the shipyard where Nautilus’ PSV is being built, that the Shipyard has rescinded the shipbuilding contract between the Shipyard and MAC Goliath, the contractor engaged by Nautilus to procure the construction of the PSV on behalf of Nautilus," said a press release from the company.
China Busts Gangs Smuggling Scrap Steel
Customs in China's southeastern Fujian province broke up five gangs smuggling scrap steel in a late-night operation on Monday, the official Xinhua news agency reported.A total of 28 criminal suspects were held in Xiamen, Quanzhou and other cities in the coordinated operation, in which 3,237 tonnes of scrap steel was seized.The gangs had been buying the scrap in China, the world's biggest steel producer, since 2017 and sending it to Southeast Asian countries, Xinhua said.Amount of scrap smuggled was put at around 50,000 tonnes, worth some 78 million yuan ($12.2 million), as gangs sought to cash
China's Thermal Coal Futures Rally on Tight Import Policy
China's most-active thermal coal futures jumped 2.9 percent on Monday, marking the biggest gain since August 2017, as concerns of tightening the import policy dampened outlook for foreign coal supplies ahead of summer.Coal futures prices ended at 570 yuan per tonne after touching a two-week high of 578.8 yuan per tonne earlier in the session.Futures rallied as traders took cues from a wider ban on coal imports after some ports in Fujian province put a temporary halt on them."Our company received instructions that Chuanshan anchorage under Ningbo port has banned docking by any vessel, which car
Sea Ice Could Disrupt Shipping in Northern China
A unit of China's State Oceanic Administration (SOA) on Friday issued a blue alert for sea ice in a key port area in the north of the country, potentially disrupting commodities shipments, as temperatures in the region plummet. Sea ice in the Liaodong Bay, the northern arm of China's Bohai Sea, now extends 67 nautical miles (124 km) from the shoreline, the North China Sea Marine Forecasting Center said in an 0700 GMT alert. Ice also extends 18 nautical miles out in the northern part of the Yellow Sea, the Center said.
Fujian Mawei Shipbuilding Bags Ocean Tankers Order for Six Vessels
Ocean Tankers, the provider oil tanker shipping and chartering services to oil companies and trading houses, has ordered six handy-sized tankers to be built at the Chinese shipbuilding facility Fujian Mawei Shipbuilding, said a report in Reuters. The report said that the Singapore based tanker company has placed the order for an undisclosed sum as the company renews and expands its fleet and ships are expected to be delivered by 2020. The order is for 23,500-deadweight tonne (dwt) tankers that can carry crude, clean or dirty oil products, to be delivered in stages by the end of the decade.
Vroon Offshore Vessel Undergoes Modification Work
Damen Shiprepair Oranjewerf has completed final outfitting and modifications on a second subsea-support walk-to-work (W2W) vessel for Vroon Offshore Services (VOS). VOS Stone was built at Fujian Southeast Shipbuilding in China before coming to the Netherlands for completion. This follows a similar project successfully completed in July this year at Oranjewerf, involving sister ship VOS Start. The eight-week program for VOS Stone involved a wide range of activities, including installation of a 50-tonne active heave-compensated…
Guangzhou Halts Foreign Coal Imports
Port handles 60 mln tonnes/year of foreign and domestic seaborne coal. Guangzhou port, the largest coal transport hub in southern China, has halted foreign coal imports, according to traders who use the port and said they had been informed of the shutdown by customs authorities and senior company officials. Traders said the move caught merchants using Guangzhou by surprise and interpreted it as a sign of Beijing stepping up its campaign to cut pollution caused by the burning of coal.
Wärtsilä to Provide Solutions to Six Feeder Vessel Newbuilds
The technology group Wärtsilä will supply an extensive range of products and solutions for six new 1160TEU container feeder vessels to be built at the Fujian Mawei shipyard in China. The project has been developed by MarLink Project Management GmbH in Germany together with various investors. This series of state-of-the-art container ships has been designed by German design office abh Ingenieur-Technik GmbH. There are options for a further six vessels. The order for the exhaust scrubbers and BWMS was booked in May 2017…
China issues alert for second typhoon in a week
China is bracing for its second typhoon in a week after the government issued a "yellow alert" for Typhoon Malakas on Saturday, just as southeastern provinces continue to clean up after an earlier, stronger storm, state news agency Xinhua reported. Malakas will be the 16th storm of this year's typhoon season, coming after Typhoon Meranti made landfall in Fujian province on Thursday. That storm killed at least 11 people in China and Taiwan and cut power to more than a million homes. Ahead of landfall, Meranti drew a "red alert" in China's warning system for severe weather that ranks red as most serious, followed by orange, yellow and blue.
Australia Bans Bulk Carrier for 12 Months
Hong Kong flagged bulk carrier Five Stars Fujian has been banned from Australian ports for 12 months once it was discovered that the vessel lacked sufficient provisions for its intended voyage and the crew had not been paid in several months. The Australian Maritime Safety Authority (AMSA) issued the ban after detaining the vessel August 12. The vessel has been at anchor off Gladstone since July when it was arrested by the Federal Court over a commercial matter. “The crew of the Five Stars Fujian have been forsaken off the Australian coast for over two months, with limited supplies and thousands of dollars of unpaid wages,” said AMSA General Manager of Ship Safety Allan Schwartz.
Hong Kong Shipowner Issues Funds to Detained Vessel
The owners of Five Stars Fujian have at last paid for much-needed supplies to the Hong Kong vessel, which has been detained by the Australian Maritime Safety Authority since August 12, reports local media. The Five Stars Fujian has been detained off the port of Gladstone in by the Australian Maritime Safety Authority after inspectors found the company had breached the Maritime Labour Convention over the insufficient food and unpaid wages for the Chinese crew. Local Australian media and Great Britain's Guardian newspaper reported earlier this week that the capsesize class coal carrier…
Hong Kong Shipping Group Wants Aid to Arrested Ship's Crew
The Hong Kong Shipowners Association (HKSOA) on Thursday called on the city's authorities to provide assistance to the crew of a Hong Kong-flagged coal ship off the east coast of Australia that is running out of food and fuel. Local Australian media and Great Britain's Guardian newspaper reported this week that the Five Stars Fujian, a 180,000 deadweight tonne capsesize class coal carrier, has been sitting in the middle of the Great Barrier Reef for the past month with supplies diminishing and salaries going unpaid. The HKSOA said in a statement that the ship was under detention by the Australian Maritime Safety Authority (AMSA), off the port of Gladstone, for breaches of the Maritime Labour Convention relating to lack of provisions and unpaid wages.
VOS Sugar First Charter
The newest addition to Vroon’s fleet, subsea-support vessel (SSV) VOS Sugar, recently started work in the BARD Offshore 1 Offshore Wind Farm (OWF). The vessel is supporting dive operations and maintenance work on wind-turbine foundations for clients NDE Offshore. NDE Offshore, a Sweden-based provider of subsea services, will conduct a combined topside and subsea campaign for the first time. The campaign comprises of underwater inspections, services and installation as well as inspection and service of transition pieces.
China's CNOOC Expands Fujian LNG Terminal
China's biggest liquefied natural gas (LNG) importer CNOOC has started building two storage tanks at a receiving terminal in Fujian province for the super-chilled fuel, the official Xinhua news agency reported. The new tanks are part of a plan to increase the receiving capacity at the terminal in the southeast coastal province to 6.3 million tonnes a year, Xinhua said. The tanks are each able to store 160,000 m3 of LNG are part of a $3.7 billion in LNG projects that the Fujian government plans for the province to supply city gas to Fuxhou, Putian, Quanzhour, Xiamen and Zangzhou.
COSCO Readies Livestock Carrier for Vroon
Vroon Offshore Services, a Dutch offshore shipping company, has announced that the launching took place last week at COSCO Guangdong Shipyard,China of Gudali Express. The vessel is the seventh and last newbuilding livestock carrier to be built for Vroon at this shipyard. The 68-meter subsea support vessel is the second of two such vessels built at Fujian, China. Six newbuilding livestock carriers have already been delivered to the company by COSCO, all of which are trading successfully.
China's Maritime Economy Expands by 8 Pct Annually
The total production value of China's maritime industry grew by an average of 8.4 percent annually from 2011 to 2014, representing over 9.3 percent of the GDP each year, reports China's official media. During the same time frame, the industrialized utilization of ocean water had accelerated, according to the 2015 report on China's marine economy development issued by the State Oceanic Administration (SOA). The daily desalination capacity increased by 331,000 tonnes and annual growth rate of maritime biological medicine added value reached 19.6 percent, the report said.
KONGSBERG Awarded IVCS Package for Nautilus Newbuild
Nautilus announces that the contract for the vessel integrated control system (including dynamic positioning and navigation systems) to be used on the Company's Production Support Vessel (PSV), has been awarded to Kongsberg Maritime, located in Norway. This is yet another key contract to be awarded by the shipyard, Fujian Mawei Shipbuilding Limited. Mike Johnston, Nautilus' CEO, commented, "we are delighted to have the global technology leader in this field, well known for its extensive portfolio of high performance products and solutions supplying the dynamic positioning…
Powerful storm hits Taiwan, six dead
A powerful typhoon battered Taiwan on Saturday with strong wind and torrential rain, cutting power to 3.62 million households as the death toll rose to six. Four people were missing and 101 were injured, authorities said. Hundreds of flights were delayed or cancelled and more than 9,900 people were evacuated from their homes. Television footage trees uprooted and power poles toppled over, a moped being swept into the air by wind and shipping containers piled on top of each other at a port.
Siemens Wins Vessel Electrical Installation Contract
Nautilus Minerals Inc. announces that the order for the supply of the entire electrical installation for the production support vessel has been awarded to Siemens International Trading (Shanghai) Ltd., a wholly owned subsidiary of Siemens AG. Nautilus CEO, Mike Johnston, commented, “The electrical package marks the fourth major long lead time package to be awarded by the shipyard, Fujian Mawei Shipbuilding. We are especially pleased to be partnering with another world class, global company such as Siemens. Their involvement with our first seafloor production system, along with other industry heavyweights such as GE Oil and Gas, Sandvik, Soil Machine Dynamics, Rolls Royce, Bedeschi and McGregor highlights the quality of the system that we are building.
Vessel Cranes Ordered for Nautilus Vessel
An order for cranes to be used on Nautilus Minerals Inc.’s production support vessel has been awarded to MacGregor, headquarter in Kristiansand, Norway. The contract marks the third major long lead time equipment package to be awarded by the shipyard, Fujian Mawei Shipbuilding Limited. Nautilus' CEO Mike Johnston commented, "We are very pleased to have such a world class supplier providing key equipment for use on our Production Support Vessel. The cranes are an essential component in ensuring operations can be performed safely across all of our large working deck areas.