THE Alliance Announces Further 2018 Network Enhancements
Following the announcement of the 2018 service network in December the members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have worked to refine the product offerings. Several services will see additional enhancements to improve transit times, boost reliability, and deliver more choice to the marketplace. “The fine tuning of the 2018 product package will further strengthen our already robust portfolio and allow THE Alliance members to provide enhanced value tailored to exceed the need of the marketplace” the members said in a statement.
Search Resumes for Malaysian Flight MH370
A U.S.-based company has begun searching for Malaysia Airlines Flight MH370, Malaysia said on Tuesday, as it tries to solve one of the world's greatest aviation mysteries. Flight MH370 disappeared en route from Kuala Lumpur to Beijing in March 2014 with 239 people, mostly Chinese, on board. Investigators believe someone may have deliberately switched off MH370's transponder before diverting it over the Indian Ocean. Debris has been collected from Indian Ocean islands and Africa's east coast and at least three pieces have been confirmed as coming from the missing plane.
Frost & Sullivan Launches Malaysia Mega Trends Report
Frost & Sullivan today launched its latest research, Mega Trends Malaysia in collaboration with the Malaysian Investment Development Authority (MIDA). Mega Trends are defined as transformative, global forces that define the future world with their far reaching impact on business, societies, economies, cultures and personal lives. According to Hazmi Yusof, Malaysia Country Head and Senior Vice President of Frost & Sullivan, “We want to help our clients use Mega Trends as a framework to think about how to innovate and drive their business.
Radio Holland Opens Office in Malaysia
Radio Holland Malaysia opened a new office in Johor, Malaysia to support shipping in the ports of Johor and the vicinity. Over the years, Radio Holland Malaysia has expanded its business to the Southern Region of Malaysia known as Gelang Patah, Johor. With this new office, Radio Holland Malaysia aims to be close by to perform service in the ports of Johor. Already with an office in Port Klang, the new office is located near Malaysia’s container terminal, The Port of Tanjung Pelepas (PTP) located at the confluence of the main east-west shipping lanes.
MISC Profit Plunges
Malaysia International Shipping Corporation Berhad (MISC)'s net profit plunged 87.1% to RM 68.2 million (USD 17.36 mln) for the fourth quarter ended December 31, 2017 compared with RM 529.8 million (USD 134.88 mln) in the previous corresponding period. MISC said the oversupply of tonnage and cut in global oil production by OPEC in 2017 will continue to weigh on the petroleum shipping segment in 2018. However, a smaller order book for tankers and robust oil demand projections amidst declining global crude inventory will help improve tanker supply-demand balance.
Honda Teams Up with Giga Shipping
Honda’s division in Malaysia has opened East Malaysia Logistics Hub in Kota Kinabalu which will be operated and managed by logistics and shipping firm Giga Shipping. Pre-delivery inspection (PDI) management undertaken by Giga Shipping will include standard key management system, washing bays for vehicles to be cleaned before delivery to dealers, security system to prevent theft, parking lot management system, stock monitoring, a kaizen system to ensure that vehicles remain in good condition while in storage, and a thorough inspection facility.
Lundin Spuds off Malaysia
Lundin Petroleum's wholly owned subsidiary Lundin Malaysia BV has commenced drilling of the Selada-1 exploration well in Block PM308A, offshore Malaysia. The well will target hydrocarbons in Miocene aged sands and is located 14 km to the south of the Bertam field operated by Lundin Malaysia. The Selada-1 exploration well will be drilled with the West Prospero jack-up rig to a total depth of approximately 1,700 metres below mean sea level. The drilling of the well is expected to take approximately 30 days.
China's Assertiveness Hardens Malaysian Stance in Sea Dispute
The submerged reef would be easy to miss, under turquoise seas about 80 km (50 miles) off Malaysia's Borneo island state of Sarawak. But two Chinese naval exercises in less than a year around the James Shoal have shocked Malaysia and led to a significant shift in its approach to China's claims to the disputed South China Sea, senior diplomats told Reuters. The reef lies outside Malaysia's territorial waters but inside its 200 nautical mile exclusive economic zone. The latest incident in January, in particular, prompted Malaysia to quietly step up cooperation with the Philippines and Vietnam, the two Southeast Asian nations most outspoken over China's moves in the region, in trying to tie Beijing to binding rules of conduct in the South China Sea, the diplomats said.
Lundin Petroleum Drills Offshore Malaysia
Lundin Petroleum AB has commenced the fourth well in its 2012 Malaysian exploratory drilling campaign. Tembakau-1 exploration well in PM307 Block, offshore east coast Peninsula Malaysia, is a vertical well to be drilled by the jackup rig West Courageous to a depth of 1,650 metres in approximately 80 metres water depth. The drilling of the well is expected to take two to three weeks. Lundin Petroleum holds 75 percent interest in PM307 through its subsidiary Lundin Malaysia BV. Lundin Malaysia BV's partner is PETRONAS Carigali Sdn Bhd with 25 percent interest. Lundin Malaysia BV operates six blocks in Malaysia, namely PM307, PM308A, PM308B, SB303, SB307 & SB308.
Radio Holland Opens Malaysia Office
Radio Holland Group opened a new office in Malaysia on February 26, 2004, the 49th branch office of the Radio Holland Group. The official opening took place at the Tanjung Puteri Golf Resort, Pasir Gudang, Johor. Present as a guest of honor was Dato’ Mohd Taufik Abdullah, Chairman of the Port of Tanjung Pelepas and Executive Chairman of Johor Port. He performed the official opening together with Mr. David Slager, Chairman of the Board and CEO of the Radio Holland Group. Approximately 100 guests from Malaysia and Singapore attended the event. Radio Holland Malaysia is Radio Holland’s response to the increasing marine activities in Malaysia and specifically in the Port of Tanjung Pelepas, which had another record-breaking year in 2003 with an annual throughput of almost 3.5 million TEU.
Malaysia Backs Maritime Silk Road
Malaysia is ready for greater collaboration and cooperation with China with regard to Maritime Silk Road (MSR) proposal delivered by Chinese President Xi Jinping. Malaysian Transport Minister Datuk Seri Liow Tiong Lai said that his Ministry has identified a few ports in Malaysia to be part of the MSR. The sources in the Ministry said that Malaysian side is supportive on the incentive of building the Maritime Silk Road and have been keeping an open mind on it. Malaysia is a trading nation, and it has a number of sea ports, including, for example, Port Klang.
Encik Rezza Resigns as ED of Bumi Armada Berhad
Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad has announced the resignation of Encik Shaharul Rezza bin Hassan, Executive Director and Head of Offshore Marine Services (OMS) of Bumi Armada Berhad. Encik Rezza will officially relinquish his roles at the Group on the 28 of February 2018. He has requested an early release from the Group to pursue other interests outside the Group. Rezza joined Bumi Armada in September 2005 and prior to his current role as Head of the OMS business, he was the CFO.
Japan Tankers Enter MSE For Fix
There are currently two large Japanese-operated tankers, both from International Energy, in for repair at Malaysia's Malaysia Shipyard & Engineering (MSE) - the 299,986 dwt Ibukisan and the 314,026 dwt Asian Progress 11. The yard is also completing two PFSO conversion projects involving the 87,768 dwt Bunga Kertas for Malaysia's Petronas, and the 109,300 dwt Ross Sea for Singapore's Tanker Pacific. Also undergoing general repairs on the yard's Syncrolift are Sealift Industries' 27,750 dwt general cargo vessel Advantage, the 10,480 dwt multi-purpose vessel Bumi Jaya, and Pertamina's 18,127 dwt product tanker Pranedya Quartya.
Radio Holland Group Opens New Office in Malaysia
Radio Holland Group has opened a new office in Malaysia on February 26. It is the 49th branch office in the worldwide organization of the Radio Holland Group. The official opening of the Malaysian office took place at the Tanjung Puteri Golf Resort, Pasir Gudang, Johor. Present as a guest of honor was Dato’ Mohd Taufik Abdullah, Chairman of the Port of Tanjung Pelepas and Executive Chairman of Johor Port. He performed the official opening together with Mr. Group. Approximately 100 guests from Malaysia and Singapore attended the event. Radio Holland Malaysia is Radio Holland’s response to the increasing marine activities in Malaysia and specifically in the Port of Tanjung Pelepas, which had another record-breaking year in 2003 with an annual throughput of almost 3.5 million TEU.
Aker Solutions Wins Contract from Daewoo
Aker Solutions Malaysia Sdn Bhd has won a contract from Daewoo Shipbuilding & Marine Engineering (DSME) Malaysia Star reported. Aker Solutions opened a hi-tech manufacturing center at the Port Klang Free Trade Zone last year. Aker Solutions said the contract was for the delivery of a complete deepwater marine drilling riser system with a buoyancy package and associated equipment. This is the fourth similar contract from DSME to Aker Solutions this year. Source: Malaysia Star
Maersk Offers New Service
Maersk Line announceed a new, direct service between the Far East and Abidjan, Cote d'Ivoire. On January 28, the company said it will introduce a direct, weekly call in Abidjan, Ivory Coast on the Far East - West Africa 2 (FEW2) service. Thereby we can serve our customers from Far East to Abidjan and from Abidjan to Far East faster and more reliable. The FEW2 service is one of two direct services linking the Far East and West Africa: FEW1 and FEW2. These coupled with our unmatched product range via Algeciras in Spain ensures that we can continue to support the increased trade between the Far East and West Africa with fast and flexible services. First vessel on the new FEW1 rotation will be Santa Alexandra, westbound voyage 0803, calling Nansha on 23 January 2008.
Malaysia Deepwater Project Contract for Technip J/V
Technip in a Joint Venture with MMHE awarded substantial contract for the Malikai Project in Malaysia. Technip in a joint venture with Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has been awarded a substantial contract by Sabah Shell Petroleum Company Ltd (SSPC) for the engineering, procurement and construction of a tension leg platform (TLP) for the TLP Malikai Deepwater Project. This TLP will be designed as a fully-manned platform to be installed 110 kilometers offshore Sabah, Malaysia, at a water depth of approximately 500 meters. It will weigh approximately 26,000 metric tonnes incorporating a topsides, which will have facilities to process 60,000 barrels of oil and 1.4 million cubic meters per day of gas, and a hull. The tendons will be fabricated in the U.S.
ClassNK Opens Three New Offices
Nippon Kaiji Kyokai (ClassNK) announced the opening of three new surveyor offices in Tartous, Syria; Callao, Peru; and Sibu, Malaysia, signalling the classification society's steady march of global expansion, served today by 112 offices globally including the three new offices. This expansion also coincides with the dramatic growth of the ClassNK register, which has grown by more than 20 million gt since the beginning of 2008. With regards to the new office in Sibu, Malaysia, Mr. Ueda emphasized the important role that Malaysia’s shipbuilding industry has played in NK’s successful expansion in the workboat market noting that “Last year…
Malaysia Mulls Second Shipping Line
Malaysia reportedly may set up a second national shipping line to help reduce freight charges between the peninsula and the states of Sabah and Sarawak on Borneo island, as traders in the two east Malaysian states had complained about high freight costs. "The proposal has come from the Ministry and the Cabinet is actively studying it," an official said. Malaysia International Shipping Corp., controlled by state oil firm Petronas, is currently the country's sole national shipper.
Shell Bringing First US Import of Malaysian Condensate
A cargo of Malaysian Bintulu condensate bought by Royal Dutch Shell is sailing to New Orleans, Louisiana, a trade source in Asia familiar with the matter said on Tuesday, in what appears to be the first U.S. import of that grade of offshore oil according to Thomson Reuters Trade Flows data. The Polaris, a medium-range vessel, loaded 200,000 barrels of the condensate at Malaysia's Bintulu terminal in early February, before stopping at Singapore's Jurong Port to pick up another parcel, the source said. It sailed west from Jurong in late February toward the United States, around Africa's Cape of Good Hope, Reuters' vessel tracking data show. A Shell spokesperson was not immediately available for comment. U.S. oil imports from Malaysia are rare.
Hutchison Buy Follows Maersk Deal
Hutchison Port, a unit of conglomerate Hutchison announced earlier on Wednesday a 30 percent investment in Westport Holdings, a multi-purpose terminal in Malaysia's biggest port, Port Klang. Hutchison, controlled by Hong Kong tycoon Li Ka-shing, said in a statement that the deal would allow it to participate in Malaysia's economy. It gave no other details of the deal. Malaysia has 15 ports including Port Klang, on the west coast of Malaysia, which is the nation's main port. Port Klang, which is made up of three ports, the north, south and west ports, has been trying to compete with Singapore, the largest and busiest container port in the world.
IMO Training in Malaysia
An International Maritime Organization (IMO) training in Malaysia has seen port State control officers practice inspecting air pollution and energy efficiency rules aboard a container ship in Johor Port. The participants from across Malaysia have been taking part in the three-day workshop (13-15 February) focusing on how to effectively enforce IMO’s MARPOL Annex VI regulations. The interactive workshop included class-based lectures and exercises, as well as practical training on board…
Malaysian Educators on Course for Energy-Efficient Shipping
An International Maritime Organization (IMO) workshop is training Malaysia’s maritime educators to introduce the topic of energy-efficient ship operation into their teaching curriculums. The workshop, taking place in Kuala Lumpur (20-21 February), was developed under IMO’s GloMEEP project and supports maritime training institutes to deliver the IMO Model Course 4.05 to seafarers. The course consists of a series of lectures, interactive exercises and videos to enhance the learning experience and ensure crews are adequately trained to contribute to efficient shipping.