Malaysia News

17 Jan 2019

Zeaborn, BlocBox to Reinforce Vessel Safety by Blockchain MoU

Saurish Nandi, Co-Founder & CTO of BlocBox and Capt. Ninad Mhatre, Deputy MD of Zeaborn Ship Management (Singapore) at the Singapore office after the signing. Photo: BlocBox Pte. Ltd

BlocBox, a company specializing in maritime safety, has signed a Memorandum of Understanding (MoU) with Singapore-based Zeaborn Ship Management to collaborate on a blockchain-based project.The developer of a blockchain protocol for maritime safety said that the parties would collaborate on a blockchain-based project to ensure the safety of ships at sea.The MOU was signed in Singapore between Saurish Nandi, Co-Founder & CTO of BlocBox and Capt. Ninad Mhatre, Deputy MD of Zeaborn, which is a consolidation of E.R.

17 Jan 2019

Global Piracy Up in 2018, Gulf of Guinea Leads

Pic:  International Maritime Bureau’s (IMB)

Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals.Worldwide, the IMB Piracy Reporting Centre (PRC) recorded 201 incidents of maritime piracy and armed robbery in 2018, up from 180 in 2017.The Gulf of Guinea remains increasingly dangerous for seafarers. Reports of attacks in waters between the Ivory Coast and the Democratic Republic of Congo more than doubled in 2018…

23 Dec 2018

China's LNG Imports Hit Record High

Image: Cosco Shipping Energy Transportation Co.,Ltd

China's imports of liquefied natural gas (LNG) in November surged to a new record as the country briskly promotes the green fuel to clean its energy mix, said a report in Xinhua.In November, LNG imports totaled 5.99 million tons hitting a new record, rising 48.5 percent year-on-year, according to figures from the General Administration of Customs released over the weekend. The previous record was 5.18 million tons set in January this year, according to media reports.The report said that the country's appetite for natural gas has swelled rapidly in recent years…

19 Dec 2018

Cheniere, Malaysia's Petronas Sign 20-Year LNG Pact

Sabine Pass LNG Terminal. Image: Cheniere Energy

Houston-based Cheniere Energy Partners has signed a 20-year liquefied natural gas (LNG) supply deal with a subsidiary of Petronas, Malaysia's state-owned oil and natural gas company.Per long-term pact, Petronas agreed to buy about 1.1 million tons a year from the Sabine Pass facility, according to a statement Tuesday. That’s about a quarter of the sixth plant’s capacity. “Petronas is one of the largest and most experienced participants in the global LNG market, and we are pleased to have it as our newest foundation customer at Sabine Pass…

14 Dec 2018

Petronas Wants Malaysia to be Regional LNG Bunkering Hub

Image: Petronas

Malaysian oil and gas company Petronas plans to introduce liquefied natural gas (LNG) bunkering operations at the country from the second half of 2019.“As a major player in the LNG business, PETRONAS is well-positioned to support the strategic intent for Malaysia to become the regional LNG bunkering hub,” it said in the Petronas Activity Outlook 2019-2021 report."Efforts are now being put in place towards advocating LNG as the preferred marine fuel of choice. In close collaboration with industry associations like MOSVA…

12 Dec 2018

Nitin Gadkari Flags Off First Container Vessel at Tuticorin

Nitin Gadkari. Photo: PIB

Indian Shipping Minister Nitin Gadkari Wednesday flagged off the maiden container mainline vessel at VoC Port (Tuticorin Port), opening direct shipping route to eastern countries.Calling the step a "gamechanger in container traffic of South India", Gadkari said that Tuticorin has the potential to become a "major industrial hub".At present containers from Tuticorin to Far East countries viz Malaysia, Singapore, China and Hong Kong are transited by the feeder vessels to Colombo where they are further connected to the mother vessel .With Mainline call being done directly at Tuticorin…

11 Dec 2018

AET Grows in Brazil

Eagle Paraiba. Photo: AET_Tankers

With the ongoing development of deepwater pre-salt plays and a decreased demand on local content in tankers and other vessels, Brazilian national operator Petrobras and other super-majors have been looking abroad for better rates and reliable operators of shuttle tankers. Claudio Paschoa, Maritime Reporter’s correspondent in Brazil spoke to Peter Liew, Global Director – Mid Size Tankers, Crude Shipping, about AET Tankers’ history and its operations in Brazil.AET (formerly American Eagle Tankers) was founded in Houston in 1994 primarily to conduct lightering operations in the Gulf of Mexico.

11 Dec 2018

APL, Cheng Lie Navigation to Merge Intra-Asia Service

Image: Cheng Lie Navigation

The container transportation and shipping company American President Lines Ltd (APL) announced the proposed acquisition of the book of business of its sister company Cheng Lie Navigation (CNC), Taiwan's Intra-Asia carrier.With this, APL will consolidate all its Intra-Asia business under the CNC brand to be operated from Singapore, retaining both sales networks and all sales channels.“This strategic move will enable us to become the Intra-Asia Champion with the most comprehensive market connectivity in the Far East.

04 Dec 2018

IMO Holds Counter Terrorism Training for S.Asian Countries

Pic: International Maritime Organization (IMO)

Legal experts and port and maritime security officers from Bangladesh, Maldives and Sri Lanka have gathered at  International Maritime Organization (IMO)  in London (27-29 November) for a focused sub-regional workshop on implementing transport-related (maritime) counter terrorism instruments.A press note from IMO said that the joint United Nations Office on Drugs and Crime (UNODC) and IMO Counter Terrorism/Security sub-regional workshop was a follow-up to three national workshops…

30 Nov 2018

ASEAN Adopts Oil Spill Contingency Plan

Pic: International Maritime Organization (IMO)

International Maritime Organization (IMO) technical assistance and institutional support has been instrumental in the recent adoption of the Association of Southeast Asian Nations (ASEAN) Regional Oil Spill Contingency Plan.IMO said that the plan was adopted by the 24th ASEAN Transport Ministers Meeting, held in Bangkok, Thailand (8 November). The Regional Oil Spill Contingency Plan provides for a mechanism whereby ASEAN Member States can request and provide mutual support in…

29 Nov 2018

Petronas, Vitol Asia Pact for LNG Supply Deal

Image: Vitol

Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) through its subsidiary, Petronas LNG Ltd (PLL) and Vitol Asia Pte Ltd (Vitol) announced the signing of binding Heads of Agreement (HOA) for long-term liquefied natural gas (LNG) sale and purchase (SPA) agreement.Under the terms of the agreement signed on 1 October 2018, the LNG supply to Vitol commencing in 2024 will be approximately up to 0.8 million tonnes per annum for a period of up to 15 years on both Delivered Ex-Ship (DES) and Free on Board (FOB) basis…

29 Nov 2018

Shanghai Waigaoqiao Shipyard Delivers World's First iVLOC

Pic: DNV GL

The world’s first intelligent very large ore carrier (iVLOC), the DNV GL-classed Pacific Vision, was delivered by Shanghai Waigaoqiao Shipyard to China Merchants Energy Shipping Company.Norway-headquartered international accredited registrar and classification society said in a statement that the vessel is the world’s first VLOC to implement DNV GL’s SmartShip descriptive notation.To qualify for the notation, Pacific Vision has been outfitted with an integration platform, a smart navigation decision support system…

27 Nov 2018

Singapore Hosts ASEAN Ports Association Meeting

Group photo of MPA Chairman, APA Chairman with member country representatives. Photo: Maritime and Port Authority of Singapore

The Maritime and Port Authority of Singapore (MPA) has hosted the 44th ASEAN Ports Association (APA) Meeting on 27 and 28 November 2018. The annual meeting was officially opened by the Chairman of MPA, Niam Chiang Meng, at the Conrad Centennial Hotel.About 100 key port executives and decision-makers from the nine member nations of the APA  attended the event, which serves as a platform for ASEAN ports to cooperate in areas such as port development, operations and management.The nine member nations of the APA are Brunei Darussalam…

22 Nov 2018

Norway's Equinor strikes LPG Deal with Malaysia

Image: Equinor

Norwegian oil and gas firm Equinor has entered into a long-term agreement with Malaysia's Global Petro Storage for a terminal and storage for liquified petroleum gas (LPG) volumes in Port Klang, in South-East Asia.According to statement from the petroleum and wind energy company, GPS will build a new facility to execute this agreement with startup of operations planned for mid-2021. Equinor will bring LPG to the terminal and sell into the domestic market in Malaysia as well as selling volumes to markets like Bangladesh…

21 Nov 2018

Sapura Energy Wins Contracts in Mexico, Malaysia

Image: Sapura Energy

Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion (USD 410 mln).The new contracts have lifted the company’s orderbook to RM18 billion and total contract wins to-date for this financial year to RM7 billion (USD 1.68 bln).Sapura Energy has built capabilities and expertise that are critical to support its clients in their quest to meet global energy demand and as a result…

13 Nov 2018

OMV, Sapura Energy Sign Pact

Image: Sapura Energy Berhad

Malaysia’s Sapura Energy has entered into a heads of agreement with Austria’s OMV to form a strategic partnership and acquire half of Sapura Upstream for $1.6 billion."Under the agreements, OMV Exploration and Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft, will buy a 50 per cent stake of the enlarged issued share capital in a newly-formed joint venture company, SEB Upstream Sdn Bhd (SUP), based on an enterprise value of up to USD1.6 billion comprising an equity value of up to USD1…

12 Nov 2018

China Becomes Top Natural Gas Importer

© vladsv / Adobe Stock

China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.China's total natural gas imports over January to October this year via pipeline and as liquefied natural gas (LNG) were at 72.06 million tonnes, up a third from the same period last year, according to Reuters calculations based on General Administration of Customs data.Japan…

02 Nov 2018

IMO Rolls-out Auditing Scheme

Pic: IMO

Auditing  International Maritime Organization (IMO) Member States to assess how effectively they administer key IMO treaties is an important part of the Organization's work to ensure its regulatory framework is universally adopted and implemented.According to IMO release, a regional training course for auditors under the IMO's Member State Audit Scheme (IMSAS) took place in Busan, Republic of Korea (29 October - 2 November).The training provided specific skills in auditing Member States using the IMO Instruments Implementation Code as the audit standard.

01 Nov 2018

World’s Biggest Container Ship on Maiden Call at Westports

Image: Westports Malaysia

The world’s biggest container ship, OOCL United Kingdom, made her maiden call at Malaysia's Westports in Port Klang on her way to China.The OOCL United Kingdom, with a carrying capacity of 21,413 TEUs, is one of the carrier’s six ‘G Class’ vessels and they are currently the world’s largest container ship.The vessel berthed at Container Terminal 8, Westports new container wharf that was completed in 2017.Westports has earmarked nine high-performance ship-to-shore cranes to handle OOCL United Kingdom’s containers.

01 Nov 2018

NZ Harbour Welcomes its Largest Container Ship

Image:  Lyttelton Port Company Limited

The largest Port in the South Island of New Zealand, Lyttelton Port, has welcomed its largest ever container ship.The Singapore–flagged Rio de Janeiro, which can carry nearly 6000 containers and is the length of about three rugby fields, arrived early Saturday.Lyttelton Port Company (LPC) Chief Executive, Peter Davie said, “The Rio de Janeiro is a new class of ship to call at Lyttelton. She can carry 5,905 twenty-foot equivalent containers (TEUs), while the largest container vessels currently visiting Lyttelton commonly carry 4…

31 Oct 2018

MISC Wins FSO Charter Contract in Vietnam

Image: MISC

Malaysian shipping group MISC Berhad (MISC) has received a time charter contract from Idemitsu Kosan (IKC) for the provision of a floating, storage and offloading (FSO) vessel in Vietnam.The energy-related maritime solutions and services provider said in a press release that the contract that it received through its 51%-owned joint-venture with PetroVietnam Technical Services Corporation (PTSC) i.e. Malaysia Vietnam Offshore Terminal (L) Limited (MVOT), represents the expansion…

22 Oct 2018

ABS Awards AIP to HHI’s Deepwater FLNG Hull

Newbuilding Conversion FLNG design to deliver significant cost savings. Image: ABS

ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Deepwater Floating Liquefied Natural Gas (FLNG) hull design.HHI advises the Newbuilding Conversion FLNG hull design for offshore application can be constructed for about 80 percent less than the cost of a conventional FLNG hull. It is based on LNG carrier designs combined with the requirements for FLNG production, such as structural reinforcements to take topside module load and a hull designed to allow…

22 Oct 2018

Saudi Aramco to Invest in China

In the presence of senior Vice President of Downstream Abdulaziz al Judaimi and Governor Yuan Jiajun ( R5), Vice President of International Operations Said Hadrami and Vice Givernor Zhu Congjiu signed the memorandum of understanding between Saudi Aramco and People’s Government of Zhejiang to acquire a share of Zhejiang Petrochemical’s new refinery project on the International Petroleum and Natural Gas Enterprises Conference (IPEC) 2018 in Zhoushan, east China’s Zhejiang province. Photo:  Saudi A

Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Petrochemical’s new refinery project.Abdulaziz Al Judaimi, Sr. VP Downstream, said: "We are exploring opportunities for new refining and petrochemicals facilities, making further investments in China. Saudi Aramco has recently signed a crude oil supply agreement with Zhejiang Petrochemical (Rongsheng). This increase in customer base is due to our continuous focus and attention to the Chinese market.

Maritime Reporter Magazine Cover Jan 2019 - Ship Repair & Conversion: The Shipyards

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