Maersk Containership Diverts Due to Onboard COVID-19 Outbreak
The containership Maersk Athabasca has diverted to Vizhinjam, India due to a suspected COVID-19 outbreak on board while en route from Tanjung Pelapas, Malaysia to Colombo, Sri Lanka.Mediterranean Shipping Company (MSC) said Monday it was informed of the diversion by its partner Maersk. The Singapore-flagged Maersk Athabasca is deployed on MSC's elephant service, under Maersk and MSC's 2M Alliance.Maersk confirmed that several crew members have tested positive for coronavirus,…
Ship Scrapping Market Sees Big Bookings
Several large LDT sales have taken place this week, as owners dip in to take advantage of the red hot sub-continent markets of the moment.Almost all of the locations saw some activity this week (market and private), with India even getting in on the act (despite being the lowest placed sub-continent market) with one high-priced stainless-steel tanker purchase registering for the week.With abysmal rates persisting across the sector, VLCCs and FSUs seem to be the types of units mostly in the firing line at present, whilst dry bulk and containers continue to soar.
Petronas Becomes First Company to Produce LNG from Two FLNG Units
Malaysian oil and gas company Petronas has become the first energy company to produce LNG from two floating LNG facilities, after the LNG shipment was delivered by its floating LNG facility PFLNG DUA on Wednesday, March 24.The cargo was loaded onto the Seri Camar LNG Carrier operated by MISC Bhd for shipment to our LNG Buyer in Thailand. The PFLNG DUOA is located at Block H Rotan gas field, around 140 kilometers offshore Sabah, Malaysia."This milestone confirms the viability…
Philippines Says 220 Chinese Militia Vessels Seen in Disputed Waters This Month
The Philippines expressed concern about hundreds of Chinese military vessels it said were spotted this month in the disputed South China Sea, the latest example of tension in the crucial waterway.The Philippine Coast Guard reported that some 220 vessels, believed to be manned by Chinese maritime militia personnel, were seen moored in line formation at a reef on March 7, a cross-government task force said late on Saturday.Foreign minister Teodoro Locsin, asked whether he would file a diplomatic protest over the ships’ presence, told a journalist on Twitter: “Only if the generals tell me.
Hybrid Accommodation Vessel MWV Falgout Delivered
The Chinese-built hybrid accommodation vessel MWV Falgout has been delivered to end client Brunei Shell Petroleum.The 80-meter vessel, a new purchase for Bruneian owners JISCO Marine Sdn Bhd, will be employed on long-term charter for the Bruneian oil and gas company. The ship was officially accepted into charter on February 17.Vroon Offshore Services (VOS) Singapore secured a two-year ship management contract for the vessel at the end of 2020, though the company said early months of the project involved taking delivery of MWV Falgout in China…
Venezuelan Oil Exports Rise on Larger Sales to Asia
Venezuela’s oil exports rose in February to over 700,000 barrels per day (bpd), their highest level in 10 months, pushed by more sales of fuel oil cargoes to new clients in Asian markets, according to Refinitiv Eikon’s tanker tracking data and documents.A growing number of clients with no track record in oil trading has been helping Venezuela’s state-run PDVSA to allocate crude and fuel in Asia, especially since the U.S. Treasury Department halted oil swaps by PDVSA’s long-term customers in the last quarter of 2020 as part of tightening sanctions.These buyers…
One-third of Hin Leong Founder's Ships Sold to Pay Down Debt
About one third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part of efforts to repay billions of dollars of debt owed to creditors, two sources told Reuters.Accounting firm Grant Thornton, court-appointed supervisor of Xihe Holdings, put up several vessels for sale through shipbrokers in September last year. Xihe Holdings is owned by the Lim family and held the bulk of their fleet.The rest of the ships…
LNG Tankers to Arrive in Mexico's Ports to Offset Gas Shortage Caused by Cold Snap in U.S.
Two tankers carrying U.S. liquefied natural gas (LNG) for Mexico are expected to arrive on Thursday in the country's Altamira and Manzanillo ports, government officials said and Refinitiv Eikon data showed, part of emergency purchases by the government to ease interrupted gas supplies.Mexico resorted to LNG supplies to partially offset a gas deficit for power generation after cold-weather froze several key gaslines crossing the U.S. border. The governor of Texas on Wednesday banned out-of-state gas supplies through Feb.
Petronas' Floating LNG Facility PFLNG Dua Produces First LNG
Malaysian oil and gas giant Petronas said Monday that its PFLNG Dua floating LNG facility has recently produced its first LNG. This is the company's second FLNG Unit, and its first deepwater FLNG facility.The PFLNG Dua is located at the Rotan gas field, 140km off Kota Kinabalu, Sabah, Malaysia. "In collaboration with its upstream Production Sharing Contract partner, PTT Exploration and Production, it has successfully completed the subsea commissioning phase and achieved its first has on 6 February 2021…
Petronas Launches Tender for 16 Offshore Support Vessels
Malaysia's state energy firm Petronas recently launched a tender for the construction of 16 offshore support vessels (OSV), The Edge Weekly reported on Saturday.The newspaper reported, citing sources, that the invitation to bid is for the first batch of contracts and Petronas has plans to build 100 vessels in four years as it phases out its old vessels.The sources said Petronas has set a few requirements for the new OSV contracts, among them that the vessels will have to be built in local shipyards and bidders have to obtain financing from Malaysia-based banks.(Reporting by Liz Lee; Editing by
Fueltrax Announces Expansion in Asia
Maritime fuel management systems provider Fueltrax said it is expanding its representation in Asia in response to growing demand for its solutions in Southeast Asia and Asia Pacific regions. Joining the company is Faiz Azani, Director of Operations – Southeast Asia, and Chris Pemberton, Regional Representative – Asia PacificAzani joined the FUELTRAX team last month and brings 11 years of experience in the oil and gas, shipping, and marine industry, focusing on Southeast Asia, Europe, & the Middle East. He is a former marine expert to Malaysia Petroleum Management (MPM) of PETRONAS.
UK, Japan Concerned Over East, South China Seas Situation
Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion.The joint statement was issued after an online meeting of Foreign Minister Toshimitsu Motegi and Defense Minister Nobuo Kishi of Japan, and their respective British counterparts Dominic Raab and Ben Wallace.“The four ministers reaffirmed…
China Says US Military in South China Sea Not Good for Peace
The United States often sends ships and aircraft into the South China Sea to “flex its muscles” and this is not good for peace, China’s Foreign Ministry said on Monday, after a U.S. aircraft carrier group sailed into the disputed waterway.The strategic South China Sea, through which trillions of dollars in trade flows each year, has long been a focus of contention between Beijing and Washington, with China particularly angered by U.S. military activity there.The U.S. carrier group led by the USS Theodore Roosevelt and accompanied by three warships…
UAE Emerges as Hub for Companies Helping Venezuela Avoid US Oil Sanctions
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts to choke off Venezuela’s oil trade.Within weeks, a little-known company based in the United Arab Emirates took over management of several tankers that had been shipping Venezuelan oil. The vessels got new names. And then they resumed transporting Venezuelan crude.The company, Muhit Maritime FZE, is one of three UAE-based entities identified by Reuters that have shipped Venezuelan crude and fuel during the second half of this year.
Cargo Ship Capsizes off Vietnam, 15 Sailors Missing
At least 15 sailors were missing on Thursday after a Panama-flagged cargo ship capsized in rough seas off Vietnam, Vietnamese state media said.The incident happened off the central province of Binh Thuan when the Xin Hong with 11 Chinese and four Vietnamese sailors onboard was transporting 7,800 tonnes of clay from Malaysia to Hong Kong, Nhan Dan newspaper reported.Sailors had contacted Vietnam for help earlier on Thursday when the ship began to list in rough seas, the report said.Vietnam has sent a rescue team, including a coast guard vessel, to search for the missing sailors, the report said
Top Maritime Trends of 2020: Captain Andrew Kinsey, Allianz, Examines Logistics Challenges
Captain Andrew Kinsey, Senior Marine Risk Consultant, Allianz Global Corporate & Specialty, recently discussed some of the trends that will shape 2021 for the maritime, ports and logistics world.MR TV: As we come to the end of 2020, talk now turns not simply to COVID-19 and a potential vaccine, but to the supply chain logistics and challenges that come with distributing those vaccines. How does the picture look from where you sit?Andrew Kinsey: The picture looks complicated. It's a global demand. It's a global logistics problem.
China's Exports Pinched by Global Shortage of Shipping Containers
China's world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.Exports from China surged 21% in November from a year ago as the country's mammoth industrial engine cranked out mountains of appliances, toys, clothes, personal protective equipment, and other items currently in high demand around the world.But…
Vietnam: FSO Golden Star Receives First Condensate
Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC). The condensate delivery milestone was achieved on November 16, 2020, MISC said Friday. FSO Golden Star with a storage capacity of about 700,000 barrels of condensate was converted and sailed away from Malaysia Marine and Heavy Engineering’s West Yard on September 10…
Report: Venezuela Resumes Oil Shipments to China Despite U.S. Sanctions
Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA).Chinese state companies China National Petroleum Corp (CNPC) and PetroChina - long among PDVSA's top customers - stopped loading crude and fuel at Venezuelan ports in August 2019 after Washington extended its sanctions on PDVSA to include…
Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions
On Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s coast in the Caribbean to load 1.82 million barrels of heavy crude, according to the state oil company’s internal documents.Yet no tanker with that name is registered in major global shipping databases.Muddying the situation further, the unique identifier for the Otoman listed in the documents - a number used by the International Maritime Organization to identify ships - was assigned to another tanker called the Rubyni, according to the databases.The Rubyni was broken up two years ago, they record.
Malaysia Starts LNG Bunkering Ops. Makes First Delivery
Malaysia, through state oil firm Petronas, has ventured into the liquefied natural gas (LNG) bunkering business and made its first delivery in the southern state of Johor this week, the country's marine department said on Tuesday.The maiden operation involved supplying 1,150 tonnes of LNG from bunkering vessel MV Avenir Advantage, which Petronas leased from Future Horizon, to vehicle transport vessel Siem Aristotle at the Pasir Gudang port on Monday."This makes Malaysia among a few first-mover countries able to provide LNG bunkering services to the marine industry in the east," Marine Departme
Malaysia: Petronas Launches Investigation into Fatal Offshore Incident
Malaysian oil and gas giant said Thursday it was investigating the cause behind the incident that happened earlier this week when the Dayang Topaz offshore vessel crashed into its platform at the Baram field, off Sarawak."A thorough assessment of the platform structures is being carried out. Petronas is committed to undertaking all the necessary measures to ensure that the platform structures remain safe and secure," the company said.According to Petronas, the company's investigations…
Malaysia: Two Dead After Offshore Vessel Rams into Oil Platform
Two crew of a Malaysian offshore support vessel died on Tuesday after their ship hit a [platform] operated by state oil firm Petronas off the state of Sarawak on Borneo island.The Dayang Topaz rammed into the Baram B oil platform after its anchor cable broke in bad weather, Petronas and marine authorities said in separate statements.The ship was carrying 187 crew, 125 of whom jumped into the sea when the accident happened, about 7.7 nautical miles (14.3 km) offshore, marine authorities said.