Taiwan News

13 Jan 2020

HMM to Launch Mega-Ships in April

Image: Hyundai Merchant Marine

South Korean logistics major Hyundai Merchant Marine (HMM) will introduce the largest container vessels of the world in April. These mega-ships will be deployed on the company’s Asia-Europe services.According to BusinessKorea HMM will put into operation a total of 12 24,000-TEU super large vessels, one per week, staring this April, the Busan New Port Terminal said on Jan. 12.The boxships are under construction at Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME).HMM will start its services as an official member of “The Alliance…

08 Jan 2020

Yang Ming to Launch Taiwan - Japan Service

Image: Yang Ming Marine Transport Corporation

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that it continues to enhance its Intra-Asia service network by launching a new Taiwan–Japan service (JCH) effective from January 26th, 2020.The JCH service will provide weekly direct service between Kaohsiung, Osaka, Kobe and Hakata, said the largest Taiwan-based global shipping logistics services company, operating a fleet of more than 100 vessels.The launch of JCH service will expand Yang Ming’s existing services between Taiwan and Japan…

03 Jan 2020

Indonesia Boosts Patrols After Chinese 'Trespass'

(Photo: Indonesia Directorate General of Sea Transportation)

Indonesia has increased patrols around islands near the disputed South China Sea after a Chinese coast guard vessel "trespassed" into Indonesia's exclusive economic zone, authorities said on Friday.The Chinese vessel entered waters off the coast of the northern Natuna islands in mid-December, leading Indonesian foreign ministry to issue a “strong protest” and summon the Chinese ambassador in Jakarta.Speaking in Beijing on Tuesday, Chinese Foreign Ministry spokesman Geng Shuang…

22 Dec 2019

ReCAAP ISC Alerts on Piracy in Singapore Strait

Approximate location of the three incidents in the eastbound lane of Singapore Strait on 20 December 2019. Map: ReCAAP ISC

Three ships were attacked by pirates in Singapore Strait early in the morning, and late at night, on Dec 20, said South East Asia piracy watchdog ReCAAP ISC.Of the three ships that were boarded, two were bulk carriers and one was a tanker. Due to the proximity of the incidents, the same group of perpetrators responsible for the incidents on 20 December 2019 cannot be ruled out.With the three incidents that occurred on 20 December 2019, a total of 27 incidents have been reported in the Singapore Strait in 2019.

20 Dec 2019

Maersk India Trade Report Q3 2019

Photo: Maersk

India’s import and export container trade in Q3 2019 (July-September) remained flat as compared to global growth of 1.5%. The slowdown is aligned closely with the weaker domestic demand, as well as a reflection of the broad-based cyclical weakening of the economic environment in all the main global economies. The negative effects from escalating trade restrictions also weighed on trade growth in the quarter. The trade restrictions have reduced bilateral trade between the United States of America and China…

17 Dec 2019

Boskalis Wins Two Offshore Projects

Image: Boskalis

Dutch engineering company Royal Boskalis Westminster  has been awarded two offshore contracts with a combined value of approximately EUR 85 million.For a new offshore windfarm in Taiwan, Boskalis will carry out the scour protection of the turbine foundations and in Denmark a four-kilometer-long gas pipeline will be installed in the seabed. The execution of both projects is scheduled to take place in 2020.In Taiwan, Boskalis was awarded a contract for the scour protection for the Yunlin offshore windfarm. The award was made by Yunneng Wind Power Co. Ltd.

09 Dec 2019

WiseTech Global Acquires Ready Korea

Image: WiseTech Global

Global logistics software group, WiseTech Global has announced the acquisition of Ready Korea, a customs, bonded warehouse and trade compliance solutions provider in South Korea.Headquartered in Seoul, Ready Korea offers a cross-border compliance solution, which facilitates the lodgement of electronic transactions to the Korean Customs Service, including customs brokerage and refunds and Free Trade Agreement verification, along with bonded warehouse management.Ready Korea also…

04 Dec 2019

ERSG Wins Asian Offshore Wind Contracts

Image: ERSG

Specialist energy recruiters for offshore wind, ERSG  has won a tender to be the sole supplier of fabrication management personnel to two undisclosed offshore wind farms in Asia.Additionally, the Wind industry specialist recruiter has also agreed terms with a company building floating wind foundations to supply contractors for the entire project lifecycle, project planners and WTG package managers have already been deployed.The company said that will a global portfolio of candidates and a physical presence in Taiwan…

02 Dec 2019

Ørsted Restructures Offshore Biz

Image: Ørsted

The offshore wind giant Ørsted has introduced a new operating model for the Offshore business, to support the execution of its project pipeline and future growth."The global market opportunities in renewables continue to expand and present significant opportunities for growth. In 2019, Ørsted expanded into Taiwan and the US with the award of significant projects," the largest energy company in Denmark said.The new operating model creates a more scalable organisation for Ørsted’s…

02 Dec 2019

HST Adopts Reygar's BareFLEET for its CTVs

Chris Huxley-Reynard, Managing Director, Reygar

High Speed Transfers goes global with BareFLEET, as the firm commits to monitoring and reporting best practice proven across European operations.High Speed Transfers (HST), a Crew Transfer Vessel (CTV) operator supporting the offshore wind energy and oil and gas industries, is adopting BareFLEET, Reygar’s advanced remote monitoring system, across the entirety of its fleet as the business looks to replicate its European successes in the U.S. and Taiwanese markets.Offshore energy is an increasingly global sector…

18 Nov 2019

Kim Heng Enters Taiwan’s OWP

Image: Kim Heng Offshore & Marine Holdings Limited.

Kim Heng Shipbuilding & Engineering (KHSE), wholly owned subsidiary of Kim Heng Offshore & Marine (KHOM), has entered into a Memorandum of Understanding (MoU) for offshore wind farm projects (OWP) in Taiwan.KHSE did not disclose the name of the other signatory.Singapore headquartered integrated offshore and marine value chain services provider said that its subsidiary and the unnamed subsea cable installer will collaborate with each other targeting the offshore wind farm cable…

14 Nov 2019

Hung Hua Construction of Taiwan Orders Third FCS

Damen FCS 2610 Falcon III  (Photo: Damen)

Hung Hua Construction of Taiwan has ordered a third Damen Fast Crew Supplier (FCS) to add to the two it ordered at the start of the year.This latest vessel will be a Damen FCS 2610. The contract was signed by the two parties at the start of September and, with the vessel already on stock at Damen Shipyards Singapore, it will be delivered this month following finishing and some customization. It will be the company’s first operational vessel.The FCS 2610 is a best-selling design…

13 Nov 2019

SGRE Wins Hai Long 2 OWP

Image: Siemens Gamesa Renewable Energy

Spanish global renewable energy company Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred supplier of turbines for the 300MW Hai Long 2 offshore wind project in Taiwan.The agreement is subject to contract and final investment decision from the consortium partners, Canadian independent power producer Northland Power Inc. and Taiwan-based developer Yushan Energy.The 300 MW Hai Long 2 offshore wind power plant project was awarded through the 2018 grid allocation mechanism in Taiwan. The project site is located approximately 50 kilometers off the coast of Changhua County.

12 Nov 2019

BP, Total Pact for Adnoc LNG Supply

Photo: ADNOC

The state oil giant Abu Dhabi National Oil Company (ADNOC) signed agreements with BP and Total to book the majority of its liquefied natural gas (LNG) production up to the first quarter of 2022.With the transactions, ADNOC LNG has continued to expand its footprint into new regions and markets, said a press release.“With these new supply agreements, ADNOC LNG has shown that it can react quickly and decisively to changing market conditions while ensuring the security and quality of delivery,’’ said ADNOC LNG CEO, Fatema Al Nuaimi.

10 Nov 2019

Orsted Breaks Ground for Taiwan OWP

Image: Ørsted

Construction of Taiwan's Formosa 2, an offshore wind power (OWP) development project, officially broke ground in Miaoli County.Orsted Taiwan said in a statement that it held a ground-breaking ceremony for the onshore substation works for the 900MW Greater Changhua 1&2a offshore wind farm off Taiwan.Ørsted awarded an onshore substation EPC contract to TCC last November. TCC will build two onshore substations, cable corridors, and transition joint bays for the first 900MW Greater Changhua projects.

10 Nov 2019

Navis Solution on Evergreen Newbuilds

 Image: Navis

Navis, the provider of maritime software solutions for cargo and vessel performance and compliance,  announced that its MACS3 loading computer will be installed on two newbuilding series of container vessels owned and operated by Taiwan-based Evergreen Marine Corporation.Navis, a part of Cargotec Corporation, said that due to the owner’s decision to have this loading computer installed, they are moving to support safer and more effective onboard cargo handling.The newbuildings are currently being built at two different Chinese shipyards.

07 Nov 2019

CDWE Wins Taiwanese OWF Gig

Photo: DEME Group

Taiwanese marine joint venture (JV) company CSBC-DEME Wind Engineering (CDWE) has signed two contracts for the transport and installation of foundations and turbines at the 300MW Zhong Neng offshore wind farm (OWF).The JV between Taiwanese outfit CSBC and Belgian contractor DEME Offshore will aim to deliver the project, owned by China Steel Corporation (CSC), in 2024.The 300 MW Zhong Neng offshore wind farm, developed by China Steel Corporation, is planned for completion in 2024.

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…

05 Nov 2019

SGRE Posts 10.9% Growth in Offshore Sector

Image: Siemens Gamesa

Spanish-based engineering company Siemens Gamesa Renewable Energy  (SGRE) closed the fiscal year ended September 30 with double-digit growth (+10.9%) in offshore unit due to new markets, mainly Taiwan, which contributed 1.5 GW in firm orders.Meanwhile, Service orders increased by 13.4% in FY 2019, to €2,715m. This business unit, which contributes with very profitable contracts, accounts for 47% of the company's order book.Wind power has strong potential and significant growth opportunities in the long-term.

05 Nov 2019

Ørsted Issues Green Bonds in Taiwan

Image: Ørsted

Ørsted, the largest energy company in Denmark, has secured nominal TWD 12 billion (USD 395m) through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. This transaction marks the first ever green TWD bond to be issued by a foreign corporate in Taiwan. The bonds will be issued in accordance with Ørsted’s Green Finance Framework.Ørsted CFO Marianne Wiinholt, said: “We are very pleased with the completion of this historic transaction which is an important step in the financing of the Changhua 1 & 2a project.

28 Oct 2019

Minesto Boosts Taiwanese Presence

Photo:  Minesto

Swedish marine energy developer Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU) to explore the potential for Minesto’s Deep Green technology in Taiwan.The renewed collaboration agreement with NTOU's Center for Ocean Energy System (COES) was signed at a ceremony in Taipei by Minesto’s CEO Dr Martin Edlund and Professor Chen-Chou Lin, Director of COES.The collaboration between Minesto and COES builds on a phase-staged approach to go…

25 Oct 2019

Reaping Wind at Sea: A $1 Trillion Industry

File Image (Credit Sparrow Group)

Offshore wind could become a cornerstone of the world's power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday.Renewables replacing fossil fuel is crucial to meet a globally-agreed goal of limiting temperature rise to below 2 degrees Celsius this century and the expansion of offshore wind could avoid 5-7 billion tonnes of CO2 emissions from the power sector globally, said the IEA.Power generated from wind turbines at sea only accounts for 0.3% of global electricity generation today…

24 Oct 2019

Chinese Ship Exits Vietnam's Waters After Disputed Surveys

Haiyang Dizhi 8 (© smp / MarineTraffic.com)

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…

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