South China Sea News

A Chinese oil survey vessel that has been embroiled in a tense standoff with Vietnamese vessels in the South China Sea left Vietnamese-controlled waters on Thursday after more than three months, marine data showed.The Chinese vessel, the Haiyang Dizhi 8, was speeding away from Vietnam's exclusive economic zone towards China on Thursday under the escort of at least two Chinese ships, according to data from Marine Traffic, a website that tracks vessels.China claims almost all the energy-rich waters of the South China Sea but neighbors Brunei…

Malaysia needs to boost its naval capabilities to prepare for possible conflict in the South China Sea, its foreign minister said on Thursday, even as Southeast Asia's third-largest economy pursues non-militarisation of the disputed waterway.Tensions have escalated in recent weeks, especially after a U.S. Navy destroyer sailed near islands claimed by China last month as a challenge to what the U.S. Navy described as excessive Chinese territorial claims in the region.Foreign Minister…

When Philippine leader Rodrigo Duterte visits China this week, he'll need to salvage something from a "pivot" to Beijing that has left him empty-handed, and exposed his neighbours to a new level of brinkmanship in the South China Sea.Despite his huge domestic popularity and great affection for China, Duterte is under growing pressure to push back at its growing maritime assertiveness. After avoiding the issue for three years, he has vowed to raise with President Xi Jinping a 2016…

ReCAAP ISC has issued the August 2019 Report on the situation of piracy and armed robbery against ships in Asia which notes that a total of eight incidents was reported in Asia in August and that of these eight incidents, two were piracy incidents and six were incidents of armed robbery. There wer no reports of the abduction of crew in the Sulu-Celebes Seas and waters off Eastern Sabah; and there were no hijackings of ships for the theft of oil cargo but the abduction of crew for ransom in theSulu-Celebes Seas and the waters off Eastern Sabah remains a serious concern.

Australian shipbuilder Austal Ltd and U.S. private equity firm are considering a joint bid for a strategically located but debt-laden Philippine shipyard, the facility's trustee said on Wednesday.Hanjin Philippines, a unit of South Korea's Hanjin Heavy Industries & Construction Co Ltd, in January defaulted on $1.3 billion in loans, of which $900 million is owed to South Korean banks and the rest to five Philippine lenders.Austal and Cerberus are interested in the distressed shipyard…

Chinese power giant China Power International Holding (CPIH) and Norwegian energy firm Equinor have inked a memorandum of understanding (MoU) to cooperate on offshore wind projects off China and Europe.“China is rapidly increasing its use of renewables and natural gas. The country is set to become the world’s biggest offshore wind market by 2030. As an offshore wind major, Equinor is excited to collaborate with CPIH to develop offshore wind” says executive vice president New Energy Solutions…

A Chinese survey ship returned to Vietnam's exclusive economic zone off its coast on Tuesday, ship tracking data showed, less than a week after it left the area where vessels from the two countries were locked in a month-long standoff.The Haiyang Dizhi 8 first entered the zone under Chinese coast guard escort in July and appeared to conduct a seismic survey of waters that are a potential global flashpoint as the United States challenges China's maritime claims.The survey ship, which according to Vietnam left the area on Aug. 7, was now headed back to the zone under escort from at least two Chinese Coast Guard vessels, according to data from Marine Traffic…

The Allianz Global Corporate & Specialty AGCS) Safety & Shipping Review 2019 provides a unique and in-depth look at the emerging risks facing international shipping stakeholders.Large shipping losses are now at their lowest level this century having declined by over 50% year-on-year, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2019. The annual study analyzes reported shipping losses over 100 gross tons (GT). AGCS provides global marine and shipping insurance for all types of marine risk…

MarineTraffic is partnering with exactEarth to deliver additional real-time information to its users.The additional satellite data compliments the MarineTraffic coastal receiver network: the world's largest and most extensive system consisting of 3,500 points of presence allowing for real-time vessel tracking data of most of the global shipping fleet.  The addition of exactEarth data to the existing satellite dataset on MarineTraffic will particularly enhance the visibility of vessels in both the Gulf of Mexico and the South China Sea.

A Chinese survey vessel on Saturday extended its activities to an area closer to Vietnam's coastline, ship tracking data showed, after the United States and Australia expressed concern about China's actions in the disputed waterways.The Haiyang Dizhi 8 vessel first entered Vietnam's exclusive economic zone (EEZ) early last month where it began a weeks-long seismic survey, triggering a tense standoff between military and coastguard vessels from Vietnam and China.The Chinese vessel…

Vietnamese and Chinese ships have been embroiled in a weeks-long standoff near an offshore oil block in disputed waters of the South China Sea, which fall within Vietnam's exclusive economic zone, two Washington-based think-tanks said on Wednesday.China's U-shaped "nine-dash line" marks a vast expanse of the South China Sea that it claims, including large swathes of Vietnam's continental shelf where it has awarded oil concessions.The Haiyang Dizhi 8, a ship operated by the China Geological Survey…

Vietnam on Friday accused a Chinese oil survey vessel and its escorts of violating its sovereignty and demanded that China remove the ships from Vietnamese waters.Vietnam and China have for years long been embroiled in a dispute over the potentially energy-rich stretch of waters in the South China Sea.On Wednesday, two U.S.-based think tanks reported that Chinese and Vietnamese vessels had engaged in a standoff lasting several weeks near an oil block in Vietnam's exclusive economic zone.

Pirates attacked a South Korean-flagged cargo ship in the South China Sea early on Monday, stealing thousands of dollars in cash and even the sailors' shoes, South Korean authorities said.Two people sustained minor injuries when seven pirates boarded the CK Bluebell and made off with $13,000 and belongings including mobile phones, clothes and shoes from the 22-strong crew, officials from the oceans and fisheries ministry said.Tougher policing has made piracy less frequent on the strategic shipping route in recent years.The dry bulk vessel CK Bluebell had set sail from its anchorage off Singapo

A Vietnamese fishermen's group has called on the government to take stronger measures for the removal of a Chinese oil survey vessel that Vietnam accuses of violating its sovereignty in the South China Sea.Vietnamese and Chinese ships have been in a weeks-old standoff near an offshore oil block, the latest confrontation in waters that are a potential global flashpoint as the United States challenges China's sweeping maritime claims.The busy waterway will be high on the agenda this week as countries of the Association of Southeast Asian Nations (ASEAN) meet in Bangkok with foreign ministers from China, the United States and other powers.Vietnam…

China's state-owned offshore oil and gas producer CNOOC Ltd said it is confident of achieving its spending target this year, the highest since 2014, as its responds to a call to build up the nation's petroleum output and reserves.The company plans to spend 70 billion to 80 billion yuan ($10.3 billion to $11.8 billion) on exploration and production, CNOOC said in a press release on Wednesday, compared with an expected 63 billion yuan in capital spending for 2018.Beijing has called…

The Philippines on Wednesday denounced the crew of a Chinese fishing boat that collided with a Philippine vessel and left 22 Filipino fishermen abandoned in the disputed South China Sea.The collision took place near the Reed Bank on Sunday, the defence ministry said, adding that a Vietnamese fishing boat rescued all the fishermen."We denounce the actions of the Chinese fishing vessel for immediately leaving the incident scene, abandoning the 22 Filipino crewmen to the mercy of the elements," Defence Secretary Delfin Lorenzana said in a statement.Reuters could not independently verify the Philippine account of the collision. China’s foreign ministry did not immediately respond to requests for comment.China…

Aker Solutions reports Q4 2018 revenue of $813 million, an 8% rise compared to Q4 2017 powered by “significant international awards in a competitive, but improving market.” In total, order intake for the quarter was $615.6 million, leaving the company with an order backlog of more than $4 billion. Better still, looking forward the company sees “continued signs of a recovery in the global market” with approximately $5.2 billion worth of contracts currently in the bid phase.In analyzing the results…

U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute."So far, so good," he said when asked by reporters on how the meetings in Beijing went. He did not say who he met.Mnuchin said earlier he hoped for "productive" trade meetings as the two countries seek to end a festering dispute that has seen both sides level tariffs at one other.U.S. tariffs on $200…

Indonesia has approved the development plan for the Mako gas field, Empyrean Energy PLC and Coro Energy PLC said.Indonesia’s Ministry of Energy and Mineral Resources (MEMR) has approved the plan of development (POD) for the Mako gas field at the Duyung production sharing contract (PSC), offshore Indonesia, said a joint statement.Mako is located on the Duyung production sharing contract, which covers 890 square kilometres offshore the Riau Islands province.Tom Kelly, CEO of Empyrean…

Shell Marine integrated solutions have saved the equivalent of around $123,000 annually for its customer China’s operator of RoRo tonnage Hainan Strait Shipping.On Shell’s advice, Hainan Strait Shipping had switched its trunk piston engine oils to a combination of Shell Argina S3 40 and Shell Gadinia S3 40 for six ships operating in the South China Sea.With this change, Hainan Strait Shipping was able to reduce maintenance and lubricant costs, while improving the efficiency and longevity of its MAN Diesel & Turbo main and auxiliary engines.Joris van Brussel…

The U.S. military said one of its warships sailed near the disputed Scarborough Shoal claimed by China in the South China Sea on Sunday, angering Beijing at a time of tense ties between the world's two biggest economies.The busy waterway is one of a growing number of flashpoints in the U.S.-China relationship, which include a trade war, U.S. sanctions and Taiwan.China struck a more aggressive tone in its trade war with the United States on Friday. The tough talk capped a week that saw China unveil new retaliatory tariffs in response to a U.S.

All offers from potential buyers of a strategically located but debt-laden Philippine shipyard will be welcome, the trade minister said on Thursday, ruling out barring Chinese firms over national security fears.Trade Secretary Ramon Lopez said the government would not, and could not, block interested buyers of distressed shipbuilder Hanjin Philippines, which defaulted on $1.3 billion in loans, of which $900 million is owed to South Korean banks and the rest to five Philippine lenders.Hanjin, a unit of South Korea's Hanjin Heavy Industries & Construction Co Ltd, until recently employed 20,000 workers at its yard in Subic Bay, which until 1992 was home to a U.S.

The United States sent Navy and Coast Guard ships through the Taiwan Strait on Sunday, the U.S. military said, as part of an increase in the frequency of movement through the strategic waterway despite opposition from China.The voyage risks raising tensions with China further but will likely be viewed by self-ruled Taiwan as a sign of support from Washington amid growing friction between Taipei and Beijing.The two ships were identified as the Navy destroyer Curtis Wilbur and the Coast Guard cutter Bertholf, a U.S.