Thailand's EGAT to Receive 2nd Spot LNG Cargo from Malaysia's Petronas
State-run Electricity Generating Authority of Thailand said it will buy a second spot-market shipment of liquefied natural gas (LNG) on Tuesday.The state-owned PTT's Map Ta Phut LNG receiving terminal in the eastern part of Thailand will receive the 65,000-tonne LNG cargo from Malaysia's state oil and gas company Petronas, the Thai state utility said in a statement late on Friday.The April shipment is the second, after the spot-market LNG cargo in December.
At Least 32 Dead on Migrant Ship Left Adrift for Weeks
At least 32 ethnic Rohingya died on a ship that drifted for weeks after it failed to reach Malaysia, Bangladesh coast guard officials said on Thursday, following the rescue of 396 starving survivors.A human rights group said it believed more boats carrying Rohingya - a Muslim minority - were adrift at sea, with coronavirus lockdowns in Malaysia and Thailand making it harder for them to find refuge."They were at sea for about two months and were starving," a Bangladesh coastguard official told Reuters in a message…
CMA CGM Completes Sale of Eight Terminals
CMA CGM said on Thursday it has completed the sale of stakes in eight port terminals for $815 million to its joint venture with China Merchants Port Group.Late last year, CMA CGM reached a deal with China Merchants to sell stakes in 10 port terminals to the companies' Terminal Link venture for $968 million, as part of efforts by CMA CGM to finance its acquisition of Swiss-based CEVA Logistics and reduce group debt.The first eight terminals included in the transaction are Odessa Terminal (Ukraine)…
Rewrite the Rules: The Path to Zero Emissions
With social media updates and conference agendas addressing the subjects of climate change, emissions reductions and alternative fuels, it’s a wonder we are not climbing the Himalayans in search of the Jedi Master that will provide us with the magic potion. Yoda’s blessing with a calming breath, “You have chosen wisely.”Government emissions intervention started with a move to reduce energy and fuel consumption measured in greenhouse gas (GHG), at a time when the world and our politicians spoke about global warming.
Deepwater Acreage to Attract Investments
Deepwater acreage will continue to attract significant company interest through 2020, said a report.According to GlobalData, a significant portion of the acreage available in Q1 2020 is located in either deep or ultra-deep water, up from the previous quarter.In Q1 2020, approximately 60% of the acreage available in licensing rounds either open or scheduled to close in the quarter is located in deep or ultra-deep water, revealed the report: ‘Q1 2020 Global Bid Round Outlook – Increase in Deepwater Acreage Offered in Q1 2020’.Toya Latham…
Cruise Ship Turned Away by Malaysia, Thailand to Dock in Singapore
Singapore will allow cruise ship Costa Fortuna to dock in the city-state on Tuesday, authorities said, after it was turned away from ports in Malaysia and Thailand over coronavirus fears.Costa Fortuna departed from Singapore, where it is home-ported, on March 3.Italian cruise line Costa Crociere said there were no suspected virus cases among its guests, which includes Italians. Italy has the largest number of cases of the virus outside China with 7,375 infections.The operator…
Roll Group to Devlop Yard in Indonesia
The Netherlands based heavy cargo specialist Roll Group said it has signed a contract to further develop and open its own yard at Indonesia's Bintan Offshore Marine Center (BOMC).BOMC has offered Roll Group the opportunity to become an exclusive partner in the BOMC yard, which means that Roll Group takes care of the cranes and trailers to further develop the yard.Robin Koenis, Managing Director of Roll Group APAC: "The yard will also have a jetty access, which is perfect for our company with its land/sea combination.
Global Container Demand to Grow by 1-3% in 2020
For 2020, global container demand is projected to grow by 1-3%, as per forecast by A.P. Moller - Maersk.The continued weak global sentiment above all in the manufacturing sector reduces the likelihood of a material growth pick-up in 2020, although sentiment brightened a bit at the end of 2019, and some improvement can be expected on the back of stabilizing inventory dynamics, said the shipping giant.Aside from the cyclical slowing of the global economy, substantial risk to global container demand comes from the effectiveness of fiscal and monetary policy in major economies…
American from MS Westerdam Tests Positive for Coronavirus
An American passenger from a cruise ship that docked in Cambodia has tested positive for the new coronavirus a second time in Kuala Lumpur, Malaysia said on Sunday, after the cruise firm and Cambodian authorities sought further tests.The 83-year-old woman was the first passenger from the MS Westerdam, operated by Carnival Corp unit Holland America Inc, to test positive for the virus. She tested positive in the Malaysian capital where she arrived on Friday from the Cambodian port of Sihanoukville.But the cruise ship operator had sought more tests, saying the first result was preliminary.
Cruise Ship Stranded by Virus Fears Docks in Cambodia
Cambodia has agreed to allow a cruise ship, that has been turned away by five countries over fears that someone aboard may have the coronavirus, to dock and disembark its passengers, the Holland America Line said.The MS Westerdam, which has 1,455 passengers and 802 crew on board, docked at the Cambodian port of Sihanoukville on Thursday, the company said. Guests have been cleared to begin disembarking on Friday.The ship - which HAL says has no sick passengers - has been turned away from Thailand, Japan, Taiwan, Guam and the Philippines.
Cruise Ship Stranded by Coronavirus Fears to Dock in Cambodia
Cambodia has agreed to let a cruise ship, that has been turned away by five countries over fears that someone aboard may have the coronavirus, to dock and disembark its passengers, the Holland America Line said on Wednesday.The MS Westerdam, which has 1,455 passengers and 802 crew on board, will dock at the Cambodian sea port of Sihanoukville on Thursday, the company said.The ship - which says it has no sick passengers - has been turned away from Thailand, Japan, Taiwan, Guam and the Philippines. (Writing by Kay Johnson; Editing by Andrew Heavens)
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…