Vietnam News

17 Jul 2019

Vietnam, China in South China Sea Standoff

© lotusjeremy / Adobe Stock

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…

12 Jul 2019

Scottish Offshore Wind Supply Chain Readies

Scott Hamilton. Photo: Xodus

International energy consultancy Xodus Group is working with Scottish Enterprise and Scottish Development International (SDI) to showcase the expertise of Scottish supply chain companies in the global offshore wind sector.The aim of the collaboration is to create a directory and gap analysis which helps Scotland-based suppliers capture a greater share of the burgeoning offshore wind market — forecast to be worth an estimated GBP 30 billion per annum by 2030 — by advertising their experience and capabilities on the new Scottish Industries Directories platform.Due to launch later in 2019…

12 Jul 2019

Mainstream Names Asia-Pacific Head

Photo: Mainstream Renewable Power

Irish wind and solar projects developer Mainstream Renewable Power has appointed Raghuram Natarajan chief executive of its Asia-Pacific business."This key appointment to the Group’s Leadership Team, based out of its newly opened regional headquarters in Singapore, comes ahead of significant expansion plans for the region," said a press release.Natarajan brings a decade and a half of senior leadership experience in the wind and solar industry across India, Thailand, the Philippines…

10 Jul 2019

Yang Ming Enhances Network

Pic: Yang Ming Anatolia

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has announced new China-Thailand direct service and Thailand - Indonesia express service.Under the impact of rising global trade tensions, a relocation and adjustment of cargo flow and supply chains is expected. To cope with this trend, Yang Ming Marine Transport Corp. continuously strengthens its Asian service network as well as the quality of Asian routes.Yang Ming has announced the launch of a new Intra-Asia service, China-Thailand Service (CTX service).

02 Jul 2019

Damen Aligns with UN Sustainable Goals

Pic: Damen Shipyards Group

Damen Shipyards Group, in its latest edition of Corporate Social Responsibility (CSR) Report, has detailed the group's alignment with UN Sustainable Development Goals."Damen has designed to align its CSR approach to the UN Sustainable Development Goals in recognition of its global responsibilities as an international player," said a press note from the Dutch defense, shipbuilding, and engineering conglomerate.The group has focused on seven of the seventeen SDGs, being the most relevant to the shipbuilding industry, whilst continuing to work towards the remainder.

18 Jun 2019

CMA CGM Breaks Tampa Port Vessel Record

Port Tampa Bay welcomed its largest container ship ever, the CMA-CGM DALILA. Photo: Port Tampa Bay

Florida's largest port,  Port Tampa Bay has marking a major milestone and partnership with CMA CGM as Port customers, local officials, and business leaders gather to celebrate the inaugural call of the CMA CGM DALILA at The Ports America Terminal.CMA CGM Group, a world leader in shipping and logistics, begin their weekly direct ocean carrier service between Asia and Port Tampa Bay today. CMA CGM's excellent transit times will significantly improve the competitiveness of the region's importers and exporters…

16 Jun 2019

Box Volume Up 8.4% at Port of Oakland

Pic: Port of Oakland

Containerized export volume at the Port of Oakland spiked last month, again turning trade war logic on its head.The Port said that exports, primarily to Asia, were up 8.4 percent compared to May 2018 totals. Imports were up, too, climbing 4.2 percent over last year.According to a release from the port, it handled the equivalent of 85,964 20-foot import containers in May. Exports totaled 78,070 containers.Oakland has now reported improved year-over-year import and export performance for three straight months.

13 Jun 2019

Port Nelson Gets New Tug

Images: Port Nelson

New Zealand's Port Nelson has taken delivery of the new tug boat Huria Matenga II tug.Arriving from Vietnam, the Damen built 70 tonne bollard pull, 2441 tug, was welcomed by the Port's existing tug fleet as well as the pilot and harbour master boats.Pilot John Tregidga was aboard the Huria Matenga II, 35 years and 7 months since the Huria Matenga arrived at Port Nelson from Japan. John was part of the crew who sailed the Huria Matenga from Japan back in 1983.A small blessing ceremony…

11 Jun 2019

GAC Mulls Expansion

Pic: GAC

The shipping & logistics company GAC is tapping into the growing contract logistics business potential of the Asia Pacific, Indian Subcontinent and Middle East, with plans to further develop and expand in its operations in the regions.That was the message Lars Bergström, GAC’s Group Vice President for Asia Pacific & Indian Subcontinent, had for the Group’s Contract Logistics Solutions experts who gathered in Colombo, Sri Lanka, to chart GAC’s strategy to increase its share of the business in their regions.

10 Jun 2019

Partnership for Vietnam LNG-to-Power Project

Image: Total EP

Russia’s largest private gas producer Novatek will work alongside French multinational integrated oil and gas company Total, state-controlled compatriot oil company Zarubezhneft and Germany's Siemens on Vietnamese LNG-to-power project.The partners signed a Memorandum of Understanding (MOU) on cooperation in Vietnam.The MOU envisages developing of an integrated energy-generating project with the use of liquefied natural gas (LNG) within the Socialist Republic of Vietnam.“The Vietnamese…

05 Jun 2019

Vard to Build Another for Coral Expeditions

Photo courtesy of Fincantieri

Fincantieri’s subsidiary Vard Holdings Limited (Vard), one of the major global designers and shipbuilders of specialized vessels, signed a contract with the Australian cruise operator Coral Expeditions for the design and construction of a second expedition cruise vessel. The unit will be named “Coral Geographer”, sister ship of “Coral Adventurer” which entered the owner’s fleet last April.As for the first vessel of the class, “Coral Geographer” will be 93.4 meters long, will have a guest accommodation capacity of 120…

31 May 2019

IMO Training on Healthy Seas in SE Asia

 Pic: International Maritime Organization (IMO)

Seven developing countries -Cambodia, Indonesia, Malaysia, Myanmar, Philippine, Thailand and Vietnam - in South-East Asia has received training to help implement key IMO marine environment protection treaties at a workshop in Singapore (28-30 May).Under the Marine Environment Protection for Southeast Asia Seas (MEPSEAS) Project project, launched last year, participants are gaining the skills to train others in their countries on how to apply IMO measures to protect seas in the region.Through the MEPSEAS Project…

29 May 2019

CMA CGM Upbeat Despite China-U.S. spat

File Image: CREDIT CMA CGM

Shipping giant CMA CGM expects to see further growth in its volumes this year as increasing activity from southeast Asia towards the United States helps make up for slowing China-U.S. flows that were a drag on its first quarter.French-based CMA CGM, the world's fourth-largest containing shipping firm, reported on Wednesday a first-quarter net loss of $43 million, compared with a $77 million loss in the same period last year."We are very confident about seeing our volumes grow in 2019, regardless of the geopolitical climate," Chief Financial Officer Michel Sirat said.Brisk China-U.S.

21 May 2019

USN Ship sails in Disputed South China Sea

SOUTH CHINA SEA (May 7, 2019) An MH-60R Sea Hawk helicopter assigned to the "Easyriders" of Helicopter Maritime Strike Squadron (HSM) 37, Detachment 1, picks up pallets from the Military Sealift Command fleet replenishment oiler USNS Guadalupe (T-AO 200) during a replenishment-at-sea with the Arleigh Burke-class guided-missile destroyer USS Preble (DDG 88). Preble is deployed to the U.S 7th Fleet area of operations in support of security and stability in the Indo-Pacific region. (U.S. Navy photo

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.

14 May 2019

PIL Enhances Transpacific Services

Pic: PIL Shipping

The Singapore-based family-owned shipping company Pacific International Lines (PIL)  announced that PIL will be enhancing our Transpacific service by offering direct services from Vietnam to the U.S West Coast, with effect from end April 2019.America China Service 5 (AC5) will be adding Haiphong as first port of call with effect from 30th April 2019.Full rotation of America China Service 5 (AC5): Haiphong - Nansha - Hong Kong - Yantian - Long Beach - Oakland - Yantian - HaiphongPIL also launched a new string…

14 May 2019

N.Korea Protests U.S. Ship Seizure

The bulk carrier WISE HONEST (CREDIT: MarineTraffic.com / © Sergei Skriabin

North Korea said on Tuesday the seizure of one of its cargo ships by the United States was an illegal act that violated the spirit of a summit between the two countries' leaders, and demanded the return of the vessel without delay.The North's foreign ministry said in a statement that it rejected U.N. Security Council resolutions against it which the United States cited in impounding the vessel, as a violation of its sovereignty."The United States committed an unlawful and outrageous act of dispossessing our cargo ship…

13 May 2019

Second Damen ASD Tug for Rimorchiatori

Photo: Damen

Damen Shipyards Group  signed a contract with Rimorchiatori Mediterranei, a subsidiary of Rimorchiatori Riuniti of Genoa, Italy, for a Damen ASD Tug 2810. The vessel will be operated in Sicily by Rimorchiatori Augusta and is due for delivery in December this year sailing on her own keel from Damen Song Cam Shipyard in Vietnam.The new vessel, to be named Capo Peloro after one of Sicily’s major capes near Messina, will be the second Damen ASD Tug 2810 to join the Rimorchiatori Mediterranei fleet. The first was the Capo Boeo, which arrived in Sicily in December 2016.

02 May 2019

VARD Signs MOU with ASFAT

Photo: Vard Marine

Vard Marine (VARD), a naval architecture and marine engineering company, announced that a memorandum of understanding (MoU) has been signed with Askeri Fabrika ve Tersane Ä°Ĺźletme A.Ĺž. (ASFAT) in Turkey to promote  strategic partnership.As per MoU, Vard Marine provides the design of a wide range of paramilitary vessels and ASFAT coordinates construction of select projects at their approved naval shipyards in Turkey.The MOU provides an opportunity for Vard Marine to expand operations…

26 Apr 2019

Philippines Shipyard Sale Open to All

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.

26 Apr 2019

US Oil Sees Growing Reach

© Hans Fairhurst / MarineTraffic.com

Two cargoes of U.S. crude oil have been booked to sail to Australia, trade sources and data companies said, highlighting the increasing global reach of exports from the United States.Aframax tanker Esther Spirit loaded U.S. oil in early April at Enterprise Houston Terminal and is scheduled to discharge at Kwinana in Western Australia on May 20, ship-tracking data from Refinitiv and Vortexa showed.BP Plc chartered the Silver Sun, an Aframax, to load from the U.S. Gulf Coast this week to Kwinana for $2.35 million, according to a shipbroker and Refinitiv data.

24 Apr 2019

Iran, Vietnam to Improve Maritime Co-op

Photo: IRNA

Iran's Deputy Minister of Roads and Urban Development Mohammad Rastad is in talks with Vietnamese officials with the aim of improving trade and connectivity capacities between the two countries.According to Islamic Republic News Agency, the managing director of the Ports and Maritime Organization met Vietnamese national shipping authorities during a visit to Vietnam and discussed the trade and communications capacities of the two countries. The discussions focused on the launch…

18 Apr 2019

Keppel Posts Lower Profits

Pic: Keppel Corporation

The Singaporean offshore and marine conglomerate Keppel Corporation reported a net profit of S$203 million (USD 150mln) for the first three months of 2019, 40% below that of S$337 million for 1Q 2018.In 1Q 2018, the Group benefitted from a S$289 million gain arising from the en-bloc sale of Keppel Cove in Zhongshan, China as compared to gains of S$174 million in the current period from the divestment of a 70% interest in Dong Nai Waterfront City, Vietnam and the re-measurement of previously held interests in M1 Limited (M1) at acquisition date.The Group achieved revenue of S$1…

16 Apr 2019

Asia: Robbery Reduced by 52% in Q1

Map: ReCAAP ISC

A total of 10 incidents of armed robbery against ships (comprising nine actual incidents and one attempted incident) were reported in Asia during January-March 2019 compared to 21 incidents (comprising 15 actual incidents and six attempted incidents) during January-March 2018.This accounts for a 52% decrease in the total number of incidents reported during January-March 2019 compared to the same period in 2018, said ReCAAP ISC's Piracy and Armed Robbery against Ships in Asia for the 1st Quarter Report…

Maritime Reporter Magazine Cover Jul 2019 - Cruise Vessel Design & Outfit

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