Coronavirus Places Shipping on High Alert
The Wuhan coronavirus outbreak has placed the shipping industry on high alert amid a rising death toll in China and reports that the fast-spreading illness is reaching new shores.The flu-like coronavirus, first identified in Wuhan, Hubei Province, China on December 31, has killed more than two dozen people in China and is believed to have infected more than 900 worldwide, according to several media reports. Cases have been confirmed in Beijing, Shanghai and Guangdong, and internationally in travelers returning from China to Japan…
MAN to Power Thai Navy Newbuilds
MAN Energy Solutions said it has secured a contract to supply the main propulsion engines for two new 41-meter patrol vessels for the Royal Thai Navy. Each vessel will be powered by two MAN 16V175D-MM, IMO Tier II engines, each rated at 2,960 kWm at 1,900 rpm.Marsun Shipyard in Thailand will construct the newbuildings with delivery scheduled for August 2020.The Royal Thai Navy already operates MAN Energy Solutions engines on its Krabi-class offshore patrol vessels; a second such…
Asia Boosts IMO Technical Cooperation
The International Maritime Organization (IMO), Thailand’s Ministry of Transport and the United Nations Economic and Social Commission for Asia (UNESCAP) have recently organized the second regional Knowledge Partnership Workshop in Asia in Bangkok,The workshop was designed to support maritime technical cooperation activities in the region.The workshop brought together officials from transport ministries, responsible for maritime affairs, and finance ministries, responsible for official development assistance.
CMA CGM: Terminal Deal with China Merchants Complete
CMA CGM said on Friday it had finalized an agreement with China Merchants Port Holdings Co.
Maersk India Trade Report Q3 2019
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…
Indonesia: Superyacht Sinking Sparks Global Search
HM Coastguard in the UK was among the agencies joining an international search operation last night (Friday 22 November) after a superyacht sank off Indonesia.At 9.08pm Friday 22nd November, HM Coastguard in the UK received a call from the Australian maritime authority, (JRCC Australia), who had in turn received a HF DSC Distress from what initially appeared to be a UK registered vessel named Asia. Investigations started by searching all relevant databases for contact details for the vessel but the vessel was not found to be on the UK Register.
Oil Majors to Raise $27Bln in Selling Spree
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment.These companies are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, with the added benefit of pleasing shareholders who are calling for stricter capital discipline.“The expected transactions mean some of the majors are poised to exit certain regions…
Profab Gets Apsara Gig from KrisEnergy
Southeast Asia-focused oil and gas company KrisEnergy Apsara Co signed a conditional letter of award with PT Profab for the supply of a minimum facilities wellhead “mini-platform” for the Apsara oilfield – Cambodia’s maiden oil development.According to a press note from the Singapore-based parent company KrisEnergy, the scope of work covers key procurement, and the fabrication and construction of the jacket, topsides and other related accessories for the Mini-Platform, including…
Yang Ming to Launch New ITS Service
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that encouraged by the steady economic growth and foreign trade in between Indonesia, Singapore, Malaysia and Thailand, it continues to enhance its Southeast Asia deployment with the new ITS service (Indonesia - Singapore/Malaysia - Thailand Service).The ITS service is set to be launched on November 12th, 2019, Yang Ming said.A total of three container ships with loadable capacity of 1,180 TEU each will be deployed for ITS service, of which one is contributed by Yang Ming.
Ocean Cleanup Expands to Rivers
The Dutch non-profit The Ocean Cleanup has just announced a new device to catch plastic before if flows into the ocean.The organization that develops advanced technologies to rid the world’s oceans of plastic, unveiled its invention to prevent the unrelenting flow of plastic pollution into the world’s oceans.The Interceptor, under development by The Ocean Cleanup since 2015, complements the organization’s founding mission by attacking the flow of plastic garbage at its source…
IMSAS Trains Audit Team Leaders
Auditing International Maritime Organization (IMO) Member States to assess how effectively they administer key IMO instruments is an important part of the Organization’s work to create a regulatory framework for the shipping industry that is universally adopted and implemented.To support this process, new audit team leaders were trained under IMO’s Member State Audit Scheme (IMSAS) at a course held at IMO Headquarters, London (14-17 October).The course involved thirteen auditors…
ITF Expands into Asia Pacific
The International Transport Workers' Federation (ITF) has established its latest Contacts Network, covering Bangladesh, Cambodia, Malaysia, Myanmar, Pakistan, Papua New Guinea, the Solomon Islands and Thailand.ITF has seen a significant increase in seafarers requesting assistance from countries without an inspector or contact, in recent years.Attempting to resolve these requests is often challenging due to several factors, including the local political context and the effectiveness…
SGRE Wins 200-MW Turbine Order in China
Siemens Gamesa Renewable Energy SA (SGRE) has secured a deal to supply 4.X turbines for a 200MW wind farm in China, its first contract for the platform in the market.The Spanish-German group will deliver 42 machines rated at 4.8MW to the project developed by Xinjiang TBEA Group in Xinjiang, northwest China. The company will also provide operation and maintenance services for five years.This is the second order that SGRE has received from TBEA, strengthening the partnership between both companies.
Thailand Prepapres for Oil Spill
Supporting countries to prepare for contingencies is an important part of International Maritime Organization (IMO) 's capacity building work.Thailand is the latest country to benefit from IMO assistance to update its oil spill contingency plan at a National Workshop on National Contingency in Bangkok (24-27 September).Thirty-five participants from 15 government entities and oil and gas companies learned about the latest international best practices, and developments, in the…
SE Asia to Expand Floating Solar Set to Grow
Floating solar photovoltaic (PV) panels are making a splash in Southeast Asia. Development of floating solar PV power plants is expected to increase 100-fold in the region over the next five to 15 years, according to energy research firm Rystad Energy. Projects plans are in the works in Thailand and Vietnam as large-scale floating PV installations, with smaller utility-scale floating PV developments being proposed in Indonesia, Singapore and Myanmar.Rystad Energy expects large-scale floating PV developments…
Yang Ming Launches Japan-Thailand Service
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation enhances its Intra-Asia service network by launching a new Japan–Thailand service (JT1) effective from September 11th, 2019.The JT1 service will call at Shimizu, Tokyo, Yokohama, Pusan, Laem Chabang. It will directly link Laem Chabang with Japanese ports and Pusan.The new weekly service will be added to Yang Ming’s network through a space swap program with Ocean Network Express Pte. Ltd.With the launch of JT1 complementing the existing two Japan–Thailand services…
IMO Accelerates SDG
International Maritime Organization (IMO) has delivered the latest in a series of initiatives designed to help put the maritime sector into the mainstream of plans and initiatives to achieve the global Sustainable Development Goals (SDGs), agreed by world leaders in 2015.According to the UN body, the United Nations development system collectively supports countries working to achieve the SDGs through a mechanism called the United Nations Sustainable Development Cooperation Framework (UNSDCF).Through the UNSDCF…
JAXPORT Acheives Record July
Jacksonville Port Authority (JAXPORT) announced that it has achieved its best ever July container volumes, with overall container movements increasing 19% compared to the previous July.More than 116,000 twenty-foot equivalent units (or TEUs, the industry standard for measuring containers) moved through JAXPORT in July 2019, said Florida’s largest container port by volume.So far in Fiscal Year 2019, more than 1.1 million containers have moved through JAXPORT, an increase of 9 percent over the same period last year. The port’s fiscal year runs Oct. 1- Sept.
China Trade Data Calms Jittery Investors
Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety on fears of a worldwide economic pullback.Investors were encouraged by data showing Chinese exports rose 3.3% in July from a year earlier, beating an expected decline of 2%. Chinese imports fell less than forecast, despite the U.S.-China trade war.Markets reacted sharply on Monday after China let its currency weaken beyond 7 yuan per dollar, a surprise move that investors took as retaliation for U.S.
Jacksonville's Seaport Generates 26,000+ Local Jobs
New study finds port investments including Harbor Deepening have resulted in “significant” job growth over last five years.Cargo activity through Jacksonville’s seaport positively impacts tens of thousands of jobs and supports nearly $31.1 billion in annual economic output for the region and state, according to a newly released study. The study, citing double-digit growth in the port’s total economic impact over the last five years, was conducted by Martin Associates, a widely recognized maritime research firm.In the Jacksonville area…
ALE Installs WTG in Australia
The global heavylift and transportation provider ALE Heavylift said that its K1650L tower cranes have begun work to install wind turbine generators (WTG) near Port Augusta in southern Australia, where they will help to power 155,000 homes.It is the first time this type of crane has been used for wind turbine installation in Australia. ALE has brought two of the innovative cranes to the country, where one recently commenced work at Lincoln Gap Wind Farm.The K1650L tower crane was selected for the project due to its high wind speed tolerance and small footprint.
TGES Wins Taiwan Terminal FEED Work
Tokyo Gas Engineering Solutions (TGES) has been awarded a deal by Taiwan's CPC Corporation (CPC) to conduct the front end engineering design (FEED) for an expansion project of its LNG receiving terminal at Yung An.According to a statement, TGES will carry out the FEED work this year. TGES claims gas demand in Taiwan is expected to increase quickly in coming years as gas fired power plants are being encouraged due to environmental concerns.Natural gas demand in Taiwan is expected to grow rapidly in coming years as promotes natural-gas fired power plants due to environmental concerns.
JaxPort Reaches Record Numbers
Florida's Jacksonville Port Authority (JaxPort) has achieved a record number of container and auto moves during the first three quarters of fiscal year 2019.According to a press note, JaxPort moved nearly one million containers, a six percent increase over the same period last year during this time.. The port also moved nearly 535,000 auto units in this period, an increase of seven percent over the same time in FY18. JaxPort’s fiscal year runs Oct. 1 – Sept. 30.JaxPort’s Asian container volumes continue to grow, up eight percent so far in FY19, with more than 334,000 Asian containers moved.