World Seaborne Coal Trade Rose 0.7% in 2019
Seaborne coal trade around the world grew 0.7% last year, helped by higher output in China and Indonesia and more export activity by Indonesia, Australia, Russia and Canada, Germany's VDKI coal importers lobby said on Friday.Imports and exports, counted together, rose to 1.218 billion tonnes from 1.210 billion tonnes in 2018, VDKI Managing Director Franz-Josef Wodopia said in an speech made available to Reuters, citing VDKI estimates.Within the 2019 total, trade in coking coal used for steelmaking dropped by 1% to 287 million tonnes as steel production declined, the Verein der Kohlenimporteure
Indonesia Boosts Patrols After Chinese 'Trespass'
Indonesia has increased patrols around islands near the disputed South China Sea after a Chinese coast guard vessel "trespassed" into Indonesia's exclusive economic zone, authorities said on Friday.The Chinese vessel entered waters off the coast of the northern Natuna islands in mid-December, leading Indonesian foreign ministry to issue a “strong protest” and summon the Chinese ambassador in Jakarta.Speaking in Beijing on Tuesday, Chinese Foreign Ministry spokesman Geng Shuang…
Asia Boosts IMO Technical Cooperation
The International Maritime Organization (IMO), Thailand’s Ministry of Transport and the United Nations Economic and Social Commission for Asia (UNESCAP) have recently organized the second regional Knowledge Partnership Workshop in Asia in Bangkok,The workshop was designed to support maritime technical cooperation activities in the region.The workshop brought together officials from transport ministries, responsible for maritime affairs, and finance ministries, responsible for official development assistance.
Asia Reports 8 Piracy Incidents in November
A total of eight incidents of armed robbery were reported against ships in Asia in November 2019, according to ReCAAP ISC monthly piracy report.ReCAAP said of the eight incidents reported in November 2019, five incidents, comprising four actual incidents and one attempted incident, occurred in the Singapore Strait.The total number of incidents of piracy and armed robbery against ships reported during January-November 2019 has decreased by 4%, but the number of actual incidents…
VOS Champion Starts New Charter
Vroon Offshore Services reports its Singapore-managed anchor-handling tug supply (AHTS ) vessel VOS Champion has started a five-month contract with a major international oil and gas engineering, procurement, construction and installation (EPCI) contractor. The firm period of the current contract will last until March 2020.VOS Champion, which had been under charter to Chevron earlier this year, was delivered to her new charterers in early November and immediately mobilized to Sandakan, Malaysia.
NYK, Pertamina Ink Energy Transport MOU
As demand for energy transportation, especially liquefied natural gas (LNG), is expected to increase in Indonesia, NYK and PT Pertamina International Shipping (PIS), a wholly owned subsidiary of PT Pertamina (Persero) agreed to a memorandum of understanding (MoU) for energy transportation.The framework of the deal sees Pertamina, the largest oil and natural gas corporation in the state, and NYK in a strategic partners in energy transportation and covers ownership and management.
Mako Gas Field Exceeds Hopes: Conrad
Indonesian oil & gas exploration and production company Conrad Petroleum has flowed dry gas from its Tambak-1 well located in the Duyung PSC in the West Natuna Basin, offshore Indonesia.The Tambak-1 well was designed to both appraise the Mako gas field and test the underlying Tambak exploration prospect. Coro Energy plc holds a 15% interest in this project.The drill stem test (DST) flowed dry gas from the intra-Muda sands at a rate of 11.4 MMcf/day on a 181/64-inch (2.8 inches) choke, maintaining a wellhead tubing pressure of 225psi.
Indonesia: Superyacht Sinking Sparks Global Search
HM Coastguard in the UK was among the agencies joining an international search operation last night (Friday 22 November) after a superyacht sank off Indonesia.At 9.08pm Friday 22nd November, HM Coastguard in the UK received a call from the Australian maritime authority, (JRCC Australia), who had in turn received a HF DSC Distress from what initially appeared to be a UK registered vessel named Asia. Investigations started by searching all relevant databases for contact details for the vessel but the vessel was not found to be on the UK Register.
Waterborne LPG Trade Reaches 28.2MT
Global waterborne LPG trade reached 28.2 million tons, 14.1% growth year over year, said Singapore-headquartered BW LPG.Global LPG trade continues to be driven by the U.S. waterborne LPG exports which grew to 10.5 million tons, up 21.8% year over year, said the owner and operator of LPG vessels.Middle Eastern exports were down marginally by 0.6% year over year to 10.2 million tons. Exports from both Saudi Arabia and Iran fell; the decreased volumes were offset by increased exports from U.A.E and Qatar.In Q3, the increasing LPG export volumes were absorbed by Southeast Asia, Japan and Europe.
CG Cutter Stratton Returns After 162 Days
The crew aboard the U.S. Coast Guard Cutter Stratton (WMSL 752) is scheduled to return Friday to their home port of Alameda following a 162-day deployment to the Western Pacific Ocean.In the Western Pacific, the crew patrolled and conducted operations as directed, including enforcing United Nations Security Council resolutions against the Democratic People’s Republic of Korea by monitoring and gathering intelligence on vessels conducting ship-to-ship transfers in the East China…
Oil Majors to Raise $27Bln in Selling Spree
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment.These companies are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, with the added benefit of pleasing shareholders who are calling for stricter capital discipline.“The expected transactions mean some of the majors are poised to exit certain regions…
Wintermar Charters PSV Duo in Indonesia
Wintermar announced on Monday it has secured contracts for two platform supply vessels (PSVs) to a major oil and gas company for a total of seven years including options.The PSVs will provide deck and cargo supply runs to support the drilling operations in Eastern Indonesia.Sugiman Layanto, Managing Director of PT Wintermar Offshore Marine Tbk said, "The project requires Dynamic Positioning 2 (DP2) operations while the vessels are approaching the rig. With our long experience in offshore deep water drilling campaigns since 2011…
Profab Gets Apsara Gig from KrisEnergy
Southeast Asia-focused oil and gas company KrisEnergy Apsara Co signed a conditional letter of award with PT Profab for the supply of a minimum facilities wellhead “mini-platform” for the Apsara oilfield – Cambodia’s maiden oil development.According to a press note from the Singapore-based parent company KrisEnergy, the scope of work covers key procurement, and the fabrication and construction of the jacket, topsides and other related accessories for the Mini-Platform, including…
Product Tanker Freight Rates Rebounds
Product tanker freight rates softened in the third quarter of 2019 but rebounded strongly at the start of the fourth quarter following an increase in crude tanker rates that began after the attacks on Saudi Arabian oil facilities and accelerated dramatically to multi-year high levels at the end of September when the US imposed sanctions on two subsidiaries of China's COSCO Shipping.Denmark-based TORM said that growth in global demand for oil products generally remained subdued…
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…
GasLog Sees Tighter LNG Shipping Market
GasLog, an international owner, operator and manager of liquefied natural gas (LNG) carriers, is predicting a tighter LNG shipping market, as increasing United States LNG output combines with a seasonal uptick in demand for gas, resulting in rising demand for shipping and higher utilization of the global fleet.These underlying trends in the LNG commodity and shipping markets point towards a structurally tighter market through 2020 and into 2021.As of October 28, 2019, the LNG fleet and orderbook (excluding floating storage and regasification units (FSRUs) and vessels with capacity below 100…
GloFouling Crosses 12 Lead Partnerships
The GloFouling Partnerships project, is a joint initiative between the Global Environment Facility (GEF), the United Nations Development Programme (UNDP) and International Maritime Organization (IMO) , has 12 Lead Partnering Countries.Indonesia and Mexico have recently joined Fiji, Tonga, Brazil, Madagascar, Mauritius and Philippines as those which have already established their national task forces. Jordan, Sri Lanka, Peru and Ecuador will join in the coming months.The project…
Oldendorff in Bulker Deal with Bangladesh
German bulk carrier company Oldendorff Carriers signed a Coal Transportation Agreement (CTA) with Bangladesh Chinese Power Company limited(BCPCL).Oldendorff will provide a full transportation solution to BCPCL, which includes coal transportation from Indonesia or Australia with transshipment in Andaman & Nicobar to Payra power plant in Bangladesh.The coal transshipment will allow BCPCL to take advantage of lower freight costs using larger vessels to Andaman & Nicobar, and smaller vessels will deliver the cargo to BCPCL…
IMO Leading GloFouling Partnerships
Marine biodiversity is under threat from invasive aquatic species, but International Maritime Organization (IMO) is leading a major global project to combat that threat and find solutions to this major problem.And that project has just passed two major milestones as two more countries, Indonesia and Mexico, have formed their national task force to take part in the initiative, said a press note from the UN body.The project, GloFouling Partnerships, is a joint initiative between the Global Environment Facility (GEF), the United Nations Development Program (UNDP) and IMO.
Royal IHC Launches TSHD River Thames
Dredging, Environmental and Marine Engineering NV (DEME) informed that its latest trailing suction hopper dredger (TSHD) River Thames was successfully launched at PaxOcean Graha, Batam in Indonesia.The TSHD, designed and build by Royal IHC, has a hopper capacity of 2,300m³ and a maximum dredging depth of 30 meters below the waterline, said a press release from Royal IHC, a supplier of equipment, vessels and services for the offshore, dredging and wet mining markets.The RiverThames is a copy of the 2,300m³ TSHD LESSE, successfully delivered by IHC to Baggerbedrijf de Boer in August.
Yang Ming to Launch New ITS Service
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that encouraged by the steady economic growth and foreign trade in between Indonesia, Singapore, Malaysia and Thailand, it continues to enhance its Southeast Asia deployment with the new ITS service (Indonesia - Singapore/Malaysia - Thailand Service).The ITS service is set to be launched on November 12th, 2019, Yang Ming said.A total of three container ships with loadable capacity of 1,180 TEU each will be deployed for ITS service, of which one is contributed by Yang Ming.
Ocean Cleanup Expands to Rivers
The Dutch non-profit The Ocean Cleanup has just announced a new device to catch plastic before if flows into the ocean.The organization that develops advanced technologies to rid the world’s oceans of plastic, unveiled its invention to prevent the unrelenting flow of plastic pollution into the world’s oceans.The Interceptor, under development by The Ocean Cleanup since 2015, complements the organization’s founding mission by attacking the flow of plastic garbage at its source…
Clean Marine, FMSI to Merge
Scrubber manufacturers and suppliers Clean Marine and FMSI have unveiled their intention to merge in order to create a bigger market share in the exhaust gas cleaning system (EGCS) segment.The combined entity, which will operate under the name Clean Marine, will provide a fully integrated offering, including Original Equipment Manufacturer (OEM) expertise, significant capacity, fast production times, project management and global after-sales services.Further announcements will…