IPA Opens New Container Route
Incheon Port Authority (IPA) announced that a regular container route ‘Thailand-Vietnam Services (TVX)’ launched by five shipping companies – Namsung Shipping, Dongjin Shipping, Pan Continental Shipping, Pan Ocean and CK Line – was newly opened. Starship Pegasus (1,800 TEU) provided for the TVX entered the Incheon New Port SNCT early in the morning on August 16 for the first time. Starship Pegasus is one of the three ships operated for the TVX. The three ships (1,800 TEU) will be operated by Namsung Shipping, Dongjin Shipping and Pan Continental Shipping for 9 months.
Repsol Suspends Drilling on Vietnam Oil Block Disputed by China
Spain's Repsol said it had suspended oil drilling in a block off Vietnam, where the prospecting in South China Sea waters claimed by China had infuriated Beijing and brought Chinese pressure on Vietnam to stop. Tension has been growing between Vietnam and China over energy development in the waterway, where extensive Chinese claims are challenged by five Southeast Asian countries and disputed by the United States. Repsol's chief financial officer, Miguel Martinez, said work had been suspended off Vietnam, according to the transcript of a conference call with analysts last week. "We are working with the PetroVietnam and with the Vietnamese authorities and the only comment is that right now, operations have been suspended," he said.
Damen Stock Tugs Shipped to Rotterdam
Shipbuilder Damen said its latest transport of newbuild vessels has arrived in the Port of Rotterdam in the Netherlands. The multiple vessel shipment carried on board the SAL Heavy Lift vessel MV Lone comprises various Damen Tugs and one Multi Cat that have been constructed at Damen’s yards in Vietnam. Consisting of two Stan Tugs 2608, three ASD Tugs 2411, four ASD Tugs 2810, two ASD Tugs 3212 and a Multi Cat 1908, the shipment is a strategic positioning of built-for-stock vessels in Europe, the shipbuilder said.
Vietnam asks Indonesia to Investigate South China Sea Shooting
Vietnam's foreign minister has asked his Indonesian counterpart to investigate and clarify reports that the Indonesian navy shot and wounded two Vietnamese fishermen in the South China Sea, the foreign ministry said on Friday. Pham Binh Minh told Indonesian foreign minister Retno Marsudi by telephone that the reported incident was "very serious ... and not appropriate with the strategic partnership relationship between Vietnam and Indonesia," the Vietnamese foreign ministry said in a statement. "Vietnam is deeply concerned about this incident and proposes Indonesia to quickly investigate and clarify the incident and inform Vietnam of the results and to stop repeating similar acts," Minh was quoting as saying.
US Destroyer Challenges China's Claims in South China Sea
A U.S. Navy destroyer carried out a "freedom of navigation operation" on Thursday, coming within 12 nautical miles of an artificial island built up by China in the South China Sea, U.S. officials told Reuters. The operation came as President Donald Trump's administration seeks Chinese cooperation in dealing with North Korea's missile and nuclear programs and could complicate efforts to secure a common stance. The officials, speaking on condition of anonymity, said the USS John S. McCain traveled close to Mischief Reef in the Spratly Islands, among a string of islets, reefs and shoals.
14 South Korean Ship Owners Form Alliance
A group of 14 South Korean shippers are joining forces to form the first domestic alliance, aiming to restore the country’s shipping sector, reported Yonhap. Under the name “Korea Shipping Partnership (KSP)”, the new shipping consortium will be led by Hyundai Merchant Marine (HMM) and supported by Korea Shipowners Association (KSA). HMM, Pan Ocean Co. and 12 other shipping companies that are mainly involved in routes in the Asian region will cooperate to boost their profitability on routes to Vietnam, Indonesia and other countries through restructuring efforts.
ASEAN, China Adopt Framework for Code on South China Sea
Foreign ministers of Southeast Asia and China adopted on Sunday a negotiating framework for a code of conduct in the South China Sea, a move they hailed as progress but seen by critics as tactic to buy China time to consolidate its maritime power. The framework seeks to advance a 2002 Declaration of Conduct (DOC) of Parties in the South China Sea, which has mostly been ignored by claimant states, particularly China, which has built seven manmade islands in disputed waters, three of which are equipped with runways, surface-to-air missiles and radars. All parties say the framework is only an outline for how the code will be established but critics say the failure to outline as an initial objective the need to make the code legally binding and enforceable…
Denmark Promises Vietnam for Strong Support on Development
The Danish government was committed to implementing the Denmark-Vietnam Cooperation Development Strategy for 2006-2010,said Danish Prime Minister at a meeting in Hanoi. During the period, Denmark's aid projects and programs for Vietnam would give priority to trade, investment, agriculture, fisheries, environment, and administrative reform. “They would focus especially on socio-economic development and poverty reduction in remote areas,” Bendtsen continued. Hung hailed the tangible benefits Danish assistance had brought, helping Vietnam achieve its socio-economic development targets. He expected bilateral trade to go up and Denmark's direct investment in Vietnam to exceed $1b.
US Eases Arms Embargo Against Vietnam for Maritime Security
The United States on Thursday partially lifted a long-time ban on lethal weapon sales to Vietnam to help it improve maritime security, a historic move that comes nearly 40 years after the end of the Vietnam War. "The State Department has taken steps to allow for the future transfer of maritime security-related defense articles to Vietnam," State Department spokeswoman Jen Psaki told a briefing. State Department officials told a separate briefing that sales of any specific weapons would be evaluated on a case-by-case basis as requests came in from Vietnam. They said the focus would be on helping Vietnam patrol and defend itself in the South China Sea, amid growing naval challenges from China, but said weapons sales could potentially include airborne systems as well as ships.
Vietnam's Submarines to Counter China?
Vietnam's new submarines could alter the balance in the South China Sea quite dramatically, say maritime security analysts. Vietnam and China have long contested claims over the Spratly and Paracel islands, including last year's dispute over China's attempted oil drilling and clashes between Vietnamese fishermen and Chinese boats. As Beijing presses territorial claims in the South China Sea, Vietnam is arming itself for a potential air and sea confrontation with its larger neighbor.
APL, Direct Vietnam to North America Service
Global shipping leader APL announced the launch of a new weekly direct container shipping service linking Vietnam and the West Coast of North America. Previously, Vietnam’s exporters have had to rely on small feeder vessels to connect with larger ships to gain access to the world’s major consuming markets. The first departure of the APL-operated service on 4 June will directly link Vietnam’s exporters to the Transpacific routes, which are among the world’s largest and most dynamic trade lanes. “This is the beginning of a new era for trade with Vietnam and marks its increased importance as a manufacturing and export centre,” said Eng Aik Meng, President of APL. In early 2007, APL co-authored research examining Vietnam’s transportation and logistics environment.
Vietnam Seeking Private Investment in Ports
Vietnam's Ministry of Transport is seeking private sector investment for construction of seaports, Vietnam Briefing reported last week. The Vietnam Maritime Administration will announce a list of 42 maritime infrastructure projects, including 18 seaports, looking for private investment, said Do Duc Tien, Deputy Chief of the Vietnam Maritime Administration. The privatization of Vietnam's ports is part of an initiative launched in April 2014 to privatize an estimated 432 state-owned enterprises between 2014 and 2015.
China, Vietnam Pledge Peaceful Resolution of S.China Sea Spat
China and Vietnam have pledged to look for a peaceful resolution to their dispute in the South China Sea via talks, following a meeting between China's president and the head of Vietnam's Communist Party, state news agency Xinhua said on Wednesday. A joint communique carried by Xinhua said that both countries had a "candid" exchange of views on their maritime spat. But the two countries agreed to "use well the Sino-Vietnam government border negotiation mechanism, uphold friendly consultations and negotiations to look for a basic and lasting resolution both countries can accept", the statement said. China and Vietnam should also "proactively look for transitional resolution methods which do not affect either side's position, including looking at and discussing joint development".
Vietnam to China: Shift Rig, Abandon Drilling Plans
Vietnam demanded China move a controversial oil rig on Thursday and abandon plans to start drilling in waters where jurisdiction is unclear, the latest sign of festering unease among the two communist neighbours. The $1 billion rig, which was at the centre of a fierce diplomatic stand-off between the countries in 2014, had moved into an area of the Gulf of Tonkin in the South China Sea about which Vietnam said the two countries were still "executing delineation discussions". China calls the rig Haiyang Shiyou 981. Vietnam refers to it as Hai Duong 981. "Vietnam resolutely opposes and demands China cancel its plan to drill and immediately remove the Hai Duong 981 oil rig out of this area," Foreign Ministry spokesman Le Hai Binh said in a statement on the government's news website.
China Rebuffs Vietnam Criticism of Rig Move
China's Foreign Ministry on Friday rebuffed Vietnam's second demand this year to move a controversial oil rig and drop plans to drill in South China Sea waters where jurisdiction is unclear, saying it was engaging in normal exploration activity. The $1-billion rig, which was at the centre of a fierce diplomatic stand-off between the countries in 2014, had moved into an area of the Gulf of Tonkin over which, Vietnam said, the two countries were still "executing delineation discussions". "The relevant work is in undisputed Chinese waters, and it is normal commercial exploration," Chinese Foreign Ministry spokesman Hong Lei told a daily news briefing. He did not elaborate.
Sea Dispute Sparks China Diplomat to Vietnam Visit
China's top diplomat will visit Vietnam next week, China said on Friday, five months after he last visited during a period of tension over a Chinese oil drilling rig working in part of the South China Sea both countries claim. State Councillor Yang Jiechi, who outranks the foreign minister, will arrive in Vietnam on Monday for meetings with Vietnam Foreign Minister Pham Binh Minh, China's foreign ministry said in a statement. The two would discuss "Sino-Vietnam bilateral cooperation", the ministry said. It did not elaborate.
Chinese South China Sea Drilling Illegal Says Vietnam
Vietnam says China's plan to move its first deep-water drilling rig into the disputed South China Sea, one of Asia's most volatile hotspots, is illegal and has called for the rig to be removed from what it says is Vietnam's territorial waters. The $1 billion offshore oil rig called Haiyang Shiyou 981 owned by the China's state-run CNOOC oil company has been drilling south of Hong Kong. Maritime Safety Administration of China (MSAC) on Saturday published an announcement on its…
Maritime Vietnam 2006 Ready for November
With a few months to the show, Maritime Vietnam 2006 has lined up a range of special events. Organised by HQ Link Pte Ltd, Maritime Vietnam 2006 will take place in Ho Chi Minh City International Exhibition & Convention Centre (HIECC), Ho Chi Minh City, Vietnam, from 7 – 9 November 2006. Themed “Meeting Global Challenges in Vietnam’s Maritime Industry”, a one-day conference will take place to complement the exhibition by providing an insight on the new era of Vietnam’s maritime industry. Leading industry players have been invited to share their views on Vietnam’s shipbuilding industry, shipping facilities, innovative equipment & services that are required for the shipbuilding and ports development as well as the latest state-of-the-art navigational aids for harbors and channels use.
Wärtsilä Opens Office in Hanoi
Wärtsilä Corporation is expanding its representation in Vietnam by opening a branch office in Hanoi. Vietnam is a growing market for Wärtsilä's products and services to the shipping, shipbuilding and power industries. Wärtsilä has had a permanent presence in Vietnam since 1994 when it set up a representative office in Ho Chi Minh City. In 1998 Wärtsilä obtained a business license to operate as a 100% foreign-owned service company and founded Wärtsilä Vietnam Co. Ltd. The recent growth in world shipbuilding demand has led to the rise of Vietnam as a shipbuilding country and thus as a market for Wärtsilä products and services. Wärtsilä is already supplying engines and propulsion systems from its wide range of products for newbuildings at shipyards in Vietnam.
MOL Starts Vietnam Tugboat Business
Mitsui O.S.K. Lines, Ltd. announced that the company has established a joint venture with two local companies in Vietnam and started a tugboat business. The joint company will allocate high-powered, high-performance tugboats in Vietnam's Cai Mep/Thi Vai area, where deepwater container terminals are now under developing. It will offer safe, high-quality support services for vessels calling at ports in the region, helping meet the needs of Vietnam's shipping industry and international shipping lines. (1) Company name Tan Cang-Cai Mep Towage Services Co., Ltd. (5) Investors Mitsui O.S.K. Lines, Ltd.
Admiralty Provides New ENC Coverage of Vietnam
The United Kingdom Hydrographic Office (UKHO) has announced new ENC (Electronic Navigational Chart) coverage of a key shipping route in Vietnam, providing greater navigational detail of the region. The three new ENCs cover the ports and approaches to Vung Tau, which includes the main container port of Cai Mep, and are only available through the Admiralty Vector Chart Service. The new ENCs have been produced in response to increasing demand from shipping companies for fully compliant chart data for the region, which has seen significant economic development in the last decade. “Vietnam continues to outperform many economies around the world,” said Guy Edwards, Head of Admiralty Asia Pacific, Singapore.
Vietnamese Boat Collides with Hong Kong Cargo Ship
Hong Kong-flagged cargo ship, Rich Better, collided with and sank Vietnamese squid boat BD 96660 in the East Vietnam Sea on August 2, 2016. According to Tuoi Tre News, six Vietnamese sailors are safe and being taken to mainland China to await pick-up by Vietnam’s authorities. The Vietnam Maritime Search and Rescue Coordination Center (MRCC) confirmed the six aboard boat BD 96660, which was hit and submerged by Hong Kong cargo ship Rich Better in the East Vietnam Sea, had been rescued by the Hong Kong vessel and were on the way to Shanghai.
APL: Vietnam Seaport Master Plan Must Have Long-Term Focus
Vietnam must better coordinate the planning and construction of an integrated seaport network to handle the country’s rapid trade growth, according to container transportation leader APL. The company was providing an update of the findings outlined in a research paper, entitled: “Vietnam Transportation and Logistics: Challenges and Opportunities”, developed earlier this year by the NOL Group, the Singapore-based parent company of APL, to examine Vietnam’s transportation and logistics environment. “Vietnam’s cargo growth potential is tremendous. Average historical growth of containerised cargo of 20% could rise to 25% per year. Previous government forecasts have underestimated actual growth of container volumes…