Indonesia News

11 Dec 2019

Asia Reports 8 Piracy Incidents in November

Map:  ReCAAP ISC

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…

06 Dec 2019

VOS Champion Starts New Charter

(Photo: Vroon Offshore Services)

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.

25 Nov 2019

NYK, Pertamina Ink Energy Transport MOU

From left, Gandhi Sriwidodo, Logistic, Supply Chain and Infrastructure director, Pertamina; Akira Kono, managing corporate officer and chief executive of NYK’s Energy Division, NYK; Tafkir Husni, president director, PIS. Photo: NYK

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.

24 Nov 2019

Mako Gas Field Exceeds Hopes: Conrad

Image: Conrad Petroleum

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.

24 Nov 2019

Indonesia: Superyacht Sinking Sparks Global Search

Image: HM Coastguard UK

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.

22 Nov 2019

Waterborne LPG Trade Reaches 28.2MT

Pic: BW LPG

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.

21 Nov 2019

CG Cutter Stratton Returns After 162 Days

Photo by Petty Officer 2nd Class Jasmine Mieszala 
U.S. Coast Guard Pacific Area

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…

18 Nov 2019

Oil Majors to Raise $27Bln in Selling Spree

Pic: Rystad Energy

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…

18 Nov 2019

Wintermar Charters PSV Duo in Indonesia

© xmentoys / Adobe Stock

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…

13 Nov 2019

Profab Gets Apsara Gig from KrisEnergy

A representation of the Apsara oil field arrangement in Block A, offshore Cambodia. Image: 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…

13 Nov 2019

Product Tanker Freight Rates Rebounds

Pic: TORM

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…

12 Nov 2019

Southeast Asia Bullish on OFS Market

Graph: Rystad Energy

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…

06 Nov 2019

GasLog Sees Tighter LNG Shipping Market

Pic: GasLog

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…

04 Nov 2019

GloFouling Crosses 12 Lead Partnerships

Pic: International Maritime Organization (IMO)

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…

03 Nov 2019

Oldendorff in Bulker Deal with Bangladesh

Pic: Oldendorff Carriers

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…

01 Nov 2019

IMO Leading GloFouling Partnerships

Pic: International Maritime Organization (IMO)

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.

01 Nov 2019

Royal IHC Launches TSHD River Thames

Image: Royal IHC

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.

29 Oct 2019

Yang Ming to Launch New ITS Service

Image: Yang Ming

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.

29 Oct 2019

Ocean Cleanup Expands to Rivers

Pic: The Ocean Cleanup

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…

25 Oct 2019

Clean Marine, FMSI to Merge

Pic: Clean Marine AS

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…

22 Oct 2019

CMA CGM Launches Trade Finance Service

French shipping line CMA CGM has launched Shipfin Trade Finance (STF) , its new range of financing services dedicated to importing and exporting, in partnership with invoice finance platform Incomlend.The STF portfolio of products is, according to the carrier, “simple, reliable and rapid,” offering importers and exporters tailored financial solutions ranging from extended payment terms to financing advances.CMA CGM Group further explained that it wants to support its customers’ business through financing solutions tailored to their needs.

21 Oct 2019

46 Countries Support Torremolinos Declaration

Pic: International Maritime Organization (IMO)

The Cook Islands and Sao Tome and Principe have become the latest States to become Party to the Cape Town Agreement on fishing vessel safety.These small nations deposited their instruments of accession during the Torremolinos Ministerial Conference on Fishing Vessel Safety and Illegal, Unreported and Unregulated (IUU) Fishing (21-23 October).At the same time, they joined 44 other countries (46 in total) signing the Torremolinos Declaration, a non-legally binding political instrument.By signing the Declaration…

15 Oct 2019

Small Scale FSRU: Think Smarter Not Bigger

© dmplot/Shutterstock

The global search for lower carbon forms of energy and demand for cost-effective ways to serve power demand in emerging markets and remote locations is driving interest in floating storage and regasification units (FSRU).FSRUs are a faster and more flexible way to import natural gas to power-constrained places, so demand for the units is increasing and the business case for owning them is growing stronger.Their model for supplying energy and transport fuel is historically well proven: they offer faster development timelines and lower initial capital costs compared to onshore regasification…

Maritime Reporter Magazine Cover Dec 2019 - Great Ships of 2019

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