Asian Workshop Addressing Marine Litter
Marine litter poses significant risks to the marine environment, ecology and human health, and is a global concern. International Maritime Organization (IMO) has been taking action to address the problem, including regulating garbage discharge from ships and helping countries build up their human and technical capacities. An IMO Regional Workshop on MARPOL Annex V and Port Reception Facilities for the ASEAN Region took place in Ho Chi Minh City, Viet Nam (27-29 June). The workshop…
18 Missing After Indonesian Migrant Boat Capsizes
Rescuers were scouring the waters off Malaysia's southern coast on Monday for 18 people missing after a boat carrying migrants from Indonesia capsized, killing one woman, a Malaysian maritime official said. Southern Malaysian waterways, which border Indonesia and Singapore, include busy international shipping lanes and rich fishing grounds. Overloaded migrant boats also ply the waters and occasionally run into trouble. Twenty-five people, including a woman, were rescued after the boat, believed to be carrying 44 illegal immigrants, sank early on Monday, said Abu Bakar Idris, an official of the Malaysian Maritime Enforcement Agency (MMEA).
India, Indonesia to Promote Bilateral Cooperation in Maritime
Taking ahead the bilateral relations between India & Republic of Indonesia, Nitin Gadkari, Union Minister for Shipping met General (Retd.) Luhut Binser Pandjaitan, Coordinating Minister of Maritime Affairs of Indonesia, in New Delhi. Ahead of the visit of the Prime Minister Narendra Modi to Jakarta in May 2018, General (Retd.) Pandjaitan, who is on a 2-day visit to India met Shri Gadkari to discuss bilateral cooperation in the maritime sector between the two countries. The bilateral talks covered a wide range of topics including river rejuvenation…
Pertamina Ends 'Unfeasible' LNG Terminal Project
Indonesia's state owned energy holding company, Pertamina, has decided not to go ahead with what would have been the country's second land-based receiving terminal for liquefied natural gas (LNG), its chief executive said on Monday.Indonesia has forecast sharp increases in gas demand after 2020, but increases in domestic consumption of the super-cooled fuel have been hampered by an abundance of cheap coal and sluggish development of gas infrastructure."Today we are not going ahead, because it is not yet feasible to continue," Pertamina acting CEO Nicke Widyawati told reporters, referring to the project that would have been built in Bojonegara…
Ship Finance Sells Three VLCCs and a Jack-up Rig
Ship Finance International Limited announces that it has agreed to sell the 2007-built jack-up drilling rig Soehanah to an unrelated third party and three 2002-built VLCCs to ADS Crude Carriers Ltd., a newly established company in which Ship Finance has acquired a 17 percent interest.Ole B. Hjertaker, CEO of Ship Finance Management AS, said in a comment, "Divesting of older vessels is a part of the company's strategy to renew and diversify the fleet. Over the last three months…
Coal Soars on Rising Demand from Asia
Coal prices in Asia are being driven to multi-year highs by a rare combination of simultaneous demand growth in the region's top four importers.Depending on the price used, thermal coal is either close to a two-year high or near the strongest in six years as China, India, Japan and South Korea imported more of the polluting fuel in the first five months of this year compared to the same period in 2017.The Australian thermal coal benchmark, the weekly Newcastle Index, ended last week at $108.89 a tonne…
Rescuers Hunting for Ferry Disaster Victims in Indonesia
The search for victims of a ferry that sank in the lake of an ancient supervolcano crater in Indonesia will resume on Wednesday with divers and an underwater drone to scour the depths for at least 128 missing passengers.The wooden tourist ferry sank in rough weather on Lake Toba on Sumatra island on Monday. Eighteen survivors were found that evening, but only one body was recovered, and a day long search on Tuesday was suspended having failed to account for any more.One survivor, Widya, said her family died when the boat was hit by strong waves."There were at least five couples with two children each. I wish I had died with my family…
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”.
IMO Forum on Challenges and Opportunities
Under the theme IMO 70: Our Heritage – Better Shipping for a Better Future, two panels of experts led stimulating debates at a forum held at IMO Headquarters (15 May). Moderated by shipping journalist Richard Clayton, the forum discussed IMO's role in the future of shipping and international trade, with hundreds tuning in worldwide via online participation and hundreds of people submitting their questions to the panel, from Colombia to Indonesia. Fascinating insights were shared by the panel…
Kalmar to Supply SmartPower RTGs to Port of Buatan
Kalmar, part of Cargotec, has concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three Kalmar SmartPower rubber-tyred gantry cranes (RTGs) for its container yard at the Port of Buatan in Indonesia. The order was booked in Cargotec's 2018 first quarter order intake and delivery is scheduled to take place towards the end of Q4 2018. RAPP, a subsidiary of APRIL Group - one of the world's leading producers of pulp and fine papers - operates a pulp and paper mill in Riau Province on the Indonesian island of Sumatra.
INTTRA Adds Salam Pacific Indonesia Lines to its Carrier Network
INTTRA, the largest neutral network, software and information provider at the center of the ocean shipping industry, announced an expansion of its rapidly growing carrier network with the addition of Salam Pacific Indonesia Lines (SPIL), its first carrier in Indonesia. The addition of SPIL represents a trend by regional carriers who are joining INTTRA to gain a competitive advantage in their service regions. SPIL provides services to all Indonesian routes, with 32 offices strategically located across the Indonesian archipelago.
Aegean Marine Shares Soar as Mercuria Provides $1 bln Lifeline
Energy trader Mercuria Group has agreed to provide a $1 billion trade finance facility to Greece's Aegean Marine Petroleum Network, the marine fuel logistics and supplies company said on Thursday, sending Aegean's stock up more than 150 percent.New York-listed Aegean Marine underwent a major leadership change this year after losses prompted an activist investor revolt to sever ties with the company founder, shipping and oil tycoon Dimitris Melissanidis.Aegean announced a $200 million write-off in early June after a new chairman, Donald Moore, was appointed in May to lead a strategic review.Shares in Aegean were up 127 percent at $1.43 as of 1359 GMT, having risen as high as $1.53.Swiss-based Mercuria will initially inject at least $30 million in cash, Aegean Marine said.Aegean Marine also
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.
Chevron exits Indonesia's Makassar Strait block
Chevron will exit the Makassar Strait gas block in the Indonesia Deepwater Development (IDD) offshore natural gas project to focus on more promising areas in the venture, Indonesian officials said on Wednesday.Indonesia's energy minister had issued a decree terminating Chevron's Makassar Strait production sharing contract (PSC) after it decided not to extend its operation of the block beyond 2020, upstream oil and gas regulator SKKMigas said."Chevron was not interested in requesting an extension," SKKMigas chairman Amien Sunaryadi told reporters.
Plans Emerge for Strategic Indian Ocean Naval Port
Indonesia and India pledged on Wednesday to step up defense and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian President Joko Widodo met Indian Prime Minister Narendra Modi to discuss, among other issues, developing infrastructure and an economic zone at Sabang, on the tip of Sumatra island and at the mouth of the Malacca Strait, one of the busiest shipping channels for global trade. "India is a strategic defence partner...and we will continue to advance our cooperation in developing infrastructure, including at Sabang Island and the Andaman Islands," Widodo told a news conference after the meeting at the presidential palace.
Dozens Missing after Ferry Sinks in Indonesia's Lake Toba
An estimated 18 people were rescued and one was confirmed dead from among about 80 passengers aboard a ferry that sank on Monday in Lake Toba in Indonesia's North Sumatra province, a disaster agency official said.The Sinar Bangun ferry sank in rough weather at around 5:30 pm (1030 GMT) about a mile from the port of Tigaras, carrying passengers from the lake's Samosir Island, Disaster Mitigation Agency (BNPT) spokesman Sutopo Purwo Nugroho said.Nugroho added that search and rescue efforts had involved two other ferries and one wooden boat had been hampered by weather conditions in the area on Monday night.It was not immediately clear if any of the missing passengers were foreigners.Ferry accidents are common in Indonesia, a vast archipelago, especially during the Islamic holiday of Eid when
Indonesians Face Daunting Task to Recover Bodies from Sunken Ferry
Indonesian teams searching a lake for a sunken ferry in the hope of recovering nearly 200 bodies trapped inside have to contend with dangerous currents and cold, murky water far deeper than any scuba diver can ever go.The over-loaded ferry Sinar Bangun sank in bad weather in Lake Toba on Sumatra island on Monday. The lake, in the crater of an ancient supervolcano, is ringed by steeply sloping mountains, and is about 450 meters (1,500 feet) deep.Three people have been confirmed…
“K” Line Group Holds Environmental Awards 2018 Ceremony
Kawasaki Kisen Kaisha (“K” Line), one of the largest Japanese transportation companies, held the Award Ceremony for “K” Line Group Environmental Awards 2018 on June 5, 2018. According to a company press release, the awards were established to honor and give recognition to outstanding environmental-preservation-contributive activities addressed by executives and employees working throughout the “K” Line Group pursuant to the direction developed in “K” Line Environmental Vision 2050.
Divers, Underwater Drone Searching for 192 Missing in Ferry Disaster
Divers and an underwater drone on Wednesday joined a fleet of rescue vessels in Indonesia's search for at least 192 passengers missing two days after an overcrowded wooden ferry sank in one of the world's deepest volcanic lakes in Sumatra.Authorities are unable to confirm how many were aboard when the vessel sank on Monday in bad weather, since it did not have a manifest. Four were confirmed dead and 18 survivors picked up, but officials fear the death toll could be much higher.Tearful relatives waiting for news gathered at the small port of Tigaras on Lake Toba.
LNG Trade Grew 10% in 2017 -EIA
Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said on Monday.LNG trade reached 38.2 billion cubic feet per day (bcfd) in 2017, up 3.5 bcfd from 2016 and the largest annual volume increase on record, the EIA said, citing the Annual Report on LNG trade by the International Association of Liquefied Natural Gas Importers (GIIGNL).New liquefaction export capacity commissioned in Australia…
GAC Taiwan Wins DSLNG Contract
GAC Taiwan won an agency contract from Donggi Senoro Liquefied Natural Gas (DSLNG), Indonesia’s leading LNG provider, to handle its vessels’ calls and provide discharge agency and husbandry services at the ports of Taichung and Yung An. Managing Director Kenny So says the contract win comes after the steady growth of agency business for all types of vessels, including LNG carriers, since the opening of GAC Taiwan’s shipping office in Kaohsiung in 2017. “Winning the DSLNG business reinforces our optimism about the future of the LNG agency business in Taiwan, which is the world’s fifth largest LNG buyer. We expect the number of LNG calls to rise, as Taiwan increases its LNG imports to drive power sector growth.”
Under the Sea: A Roadmap for Renewable Energy
Thanks to increasing levels of debt financing for climate-aligned projects, wind-generated power has become one of the fastest-growing green industries. Jessica Williams, an Infrastructure Analyst at S&P Global Ratings, considers the submarine technologies that are making this progress possible.Renewable energy is making an increasing contribution to the electrical grid. By the end of 2016, “green energy” sources accounted for almost a quarter of the world’s electricity supply, according to REN21.
Thailand Emerges as an International Maritime Training Center
Since mid 2015 when MCA first approved a Thailand based seafarer training facility, that destination has experienced growth as a popular focus for both advanced seafarers and also entry level crew to complete STCW 2010 and the new updating STCW courses.Anthony Gould, CEO and major investor in Galileo Maritime Academy, said at the recent launch of their Survival Craft and Fast Rescue Boats training facility in Phuket, “Over the last three years international professional seafarers coming to Phuket…