Vietnam Orders Vessels Back to Port ahead of Tropical Storm
Vietnam has ordered vessels back to port and prepared evacuation plans in flood-prone northern provinces as tropical storm "Son Tinh" was expected to make landfall later on Wednesday.Son Tinh, which soaked parts of the Philippines on Tuesday, had reached sustained wind speeds of up to 90 km (56 miles) per hour, the National Centre for Hydro-Meteorological Forecasting said in a statement on Wednesday.The storm was expected to dump up to 350 mm (13.8 inches) of heavy rains on Vietnam's northern provinces and could trigger floods and landslides…
U.S. Yards: Competing – and Winning – Here and Across the Big Pond
Louisiana-based Metal Shark powers into the second half of 2018 with a healthy backlog, multiple recent deliveries into foreign markets, and a portfolio of patrol craft that has attracted multiple clients – here and abroad. Key patrol boat contracts for this rapidly expanding builder include the U.S. Coast Guard Response Boat – Small (RB-S). Over 300 of these units are service since the award of the contract in 2012 and, says Metal Shark, new units are in production and shipping weekly. Separately, over 50 of the U.S.
Marine Environment Protection for Southeast Asia Seas Project Launched
Seven ASEAN countries have formally launched an ambitious initiative aimed at improving the environmental health of the seas in the region, through the implementation of key International Maritime Organization (IMO) marine environment protection treaties. Senior decisions makers of maritime administrations of the beneficiary ASEAN countries (Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam) met for their first high-level regional meeting in Bali, Indonesia (25-27 June), to kick-start the “Marine Environment Protection for Southeast Asia Seas (MEPSEAS) Project”.
MISC Bags USD 441mln 16-year Charter Contract from Hess
Malayasia-based MISC Berhad has secured a long-term charter contract from Hess Exploration and Production Malaysia for the lease of a floating, storage and offloading facility (FSO) known as FSO Mekar Bergading on a bareboat basis. The long-term charter contract is pursuant to a sale and charter agreement between MISC and HESS in respect of the FSO, which also resulted in MISC acquiring ownership of the FSO. The investment is consistent with the MISC2020 strategy of which one…
New Tug Delivered to Svitzer Australia
Damen Shipyards Group has delivered a new ASD Tug 3212, Svitzer Glenrock, as the second part of a two-vessel order placed by Svitzer Australia.The tug sailed on its own keel from Damen Song Cam Shipyard, Vietnam to Newcastle, NSW, where it will work in the world’s busiest coal port, handling Cape-class bulk carriers and petroleum tankers as they enter and leave the confines of the harbor.Svitzer operates one of Australia’s largest fleets of tugs, comprised of more than 85 vessels.
ASEAN Members Strengthen Oil Spill Preparedness
Oil spill contingency planning is in the spotlight at an IMO regional workshop in Pulau Indah, Malaysia (2-6 July). The workshop is helping countries (ASEAN Member States: Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Thailand, Vietnam and Singapore.) in South East Asia become more familiar with the ASEAN Regional Oil Spill Contingency Plan - designed to enhance cooperation between States. Participants are reviewing a number of aspects of the plan and exercising its communication procedures.
Asian Piracy Drop to 10-Year Low, Says ReCAAP
A total of 40 incidents of piracy and armed robbery against ships (comprising 29 actual incidents and 11 attempted incidents) were reported in Asia during January-June 2018 compared to 47 incidents (comprising 40 actual incidents and seven attempted incidents) during January-June 2017.ReCAAP Information Sharing Centre (ISC) in its Half-Yearly (January to June 2018) Report said that it was the lowest number of incidents reported among the 10-year reporting period of January-June…
Vinalines Mulls USD 210mln IPO
Vietnam’s government is targeting to raise VND4.89 trillion ($210 million) from an initial public offering (IPO) of Vietnam National Shipping Lines (Vinalines) scheduled on September 5, 2018.According to an official release on Hanoi Stock Exchange (HNX), Vinalines will auction 488.82 million shares, or a 34.8 per cent stake at the price of VND10,000 ($0.4) apiece at the HNX. Its charter capital is estimated at approximately VND14 trillion ($616.7 million).The IPO is part of Vietnam’s broader privatisation programme to increase the efficiency and performance of state-owned firms…
Houlder Joins Sir David Attenborough Celebrations
Naval architect and marine engineering firm Houlder has played a key role in the development of the U.K.’s new polar research vessel, RRS Sir David Attenborough, since it was first conceived by the British Antarctic Survey.CEO Rupert Hare will join members of the project team as hull number 1390, comprising 10,000t of steel, is launched at Cammell Laird Shipyard on July 14.As experts in ship construction, and ice class design in particular, Houlder worked with the British Antarctic…
Damen Delivers Tug Pair to Smit Lamnalco
Netherlands based shipbuilder Damen said it has delivered two of four ASD 3212 tugs to towage and related marine services’ company Smit Lamnalco.Arriving in Oman on July 10, the two new tugs, each with a bollard pull of 80 metric tons, will be directly deployed at a Oman India Fertilizer Company S.A.O.C (OMIFCO) dedicated terminal in the Port of Sur and will be owned and operated by the joint venture Bahwan Lamnalco Company (BLC).In November 2017, Smit Lamnalco announced that it had decided to order four Damen ASD 3212 tugs following an award of two major contracts…
De-risking the FPSO Renaissance
Floating production, storage and offloading vessels (FPSOs) are in the ascendancy. The total FPSO market is now expected to grow to over $117 billion by 2024. A combination of factors, such as the recovered oil price and renewed interest in deeper, more marginal new reserves, have made these vessels the understandable choice for an industry that still remembers the travails of 2014.But nothing can be taken for granted. With an uptick in activity, operators need to be wary of supply-chain risks. Valves are a critical component of any new project and they must adhere to strict standards.
ZIM Annouces New Asia - America Network with 2M
Zim Integrated Shipping Services (ZIM) has announced the new Strategic Partnership Agreement with the 2M alliance, details of the new improved Asia - U.S. East Coast – Asia network that are now available.Nissim Yochai, ZIM EVP Trans Pacific Trade, said: "The new alignment will enable ZIM customers to enjoy the best of both worlds: ZIM’s highly reputed personalized service, along with the best-in-market infrastructure and product.”The new upgraded network includes 5 services under the ZIM+2M cooperation…
MarAd: Buzby in Hanoi for Meetings
On July 11-12, 2018, Maritime Administrator Mark Buzby met with the Vietnam Maritime Administration\\'s (VINAMARINE) Administrator Dr. Nguyen Xuan Sang and Deputy Administrator Dr. Bui Thien Thu in Hanoi, Vietnam. This meeting, under the implementation of the US-Vietnam Bilateral Agreement, included discussions on the topics of maritime policy, vessels safety and security, port infrastructure development, maritime workforce and mariner training. On July 12th, Administrator Buzby visited the ports of Hai Phong and Lach Huyen. The US Coast Guard and US Department of State also participated.
Chinese Imports to US Ports Peaking Early
Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.Retailers such as Walmart Inc and Amazon.com face uncertainty due to U.S. President Donald Trump's threat to impose more tariffs on Chinese goods, and the jump in imports from the country was likely because of "pre-emptive buying in anticipation of the tariffs"…
Torqeedo Powers Electric Passenger Vessels
Torqeedo is supplying electric propulsion systems for a fleet of 15 new passenger excursion boats recently delivered to Vinpearl’s newest resort development at Hoi An, Vietnam.The nine-meter FRP displacement craft, built by Song Lo Shipbuilding in Nha Trang, are powered by Torqeedo Deep Blue 80 inboard electric motors with BMW i3 lithium batteries. “We are very happy with the performance of the Deep Blue system for these boats,” said Nguyen Van Thanh, Director of Song Lo Shipbuilding Company. “They are very quiet and provide a smooth ride.
Asian Cruise Market Growth Continues -Report
Cruise vacations are growing increasingly popular in Asian markets, according to the latest report from trade association Cruise Lines International Association (CLIA).Asian-sourced ocean cruise passenger numbers hit another record high in 2017 with more than 4 million taking an ocean cruise (up 20.6 percent), CLIA’s 2018 Asia Cruise Trends report revealed.Asia accounted for about 15 percent of total global ocean passenger volume in 2017 as mainland China maintained its dominance as a key source market…
Guided Missile Destroyer Frank E. Petersen Jr. Launched
Huntington Ingalls Industries’ Ingalls Shipbuilding division launched the Arleigh Burke-class (DDG 51) guided missile destroyer Frank E. Petersen Jr. (DDG 121) on Friday.Frank E. Petersen Jr. was translated via Ingalls’ rail car system to a floating dry dock. Once on, the dry dock was moved away from the pier, and it was ballasted down to float the ship.“This is the one of the most significant milestones in the life of any ship,” said Ingalls Shipbuilding President Brian Cuccias.
Lim Joins ST Engineering Board
Singapore Technologies Engineering Ltd (ST Engineering) announced Lim Chin Hu has been appointed as an independent nonexecutive director of the company with effect from July 16, 2018.Lim is currently the Managing Partner of Stream Global Pte Ltd, an incubator for info-com startups. He has over 30 years of experience in the Info-communications industry. His past working experience includes various management positions in Hewlett Packard as well as key positions in Sun Microsystems Singapore (now Oracle) and Sun in Thailand, Philippines and Vietnam.
Ready Reserve Force Vessels Stand Ready
Merchant mariner numbers may be at a low in the U.S., but the men and women of the Ready Reserve Force (RRF) have increased their operating days by 245 percent from Fiscal Year (FY) 2016 to FY 2017.This year’s missions have included some of the largest ammunition movements since the Vietnam War – which the RRF crane ships are exceptionally cut out for; unit resupply to various theaters around the world, and movement of rotating forces including supporting the Canadian military.
Coast Guard Cutter Nathan Bruckenthal Commissioned
The U.S. Coast Guard commissioned North Carolina’s second Fast Response Cutter, the Coast Guard Cutter Nathan Bruckenthal, during a ceremony in Alexandria, Va., today.The 154-foot vessel was built by Bollinger Shipyards and is based on the Damen Stan Patrol Boat 4708. It was delivered to the Coast Guard in Key West, Fla. earlier this year.FRCs feature advanced command, control, communications, computers, intelligence, surveillance and reconnaissance equipment that allow their…
Contaminated Fuels Clog Ship Engines in Singapore
Contaminated marine fuel that clogs and damages ship engines has been found in Singapore, the world's largest ship refuelling hub, according to sources and an alert sent to clients by a marine fuel surveying company.Singapore-based marine fuel surveyor and consulting firm Maritec Pte Ltd warned clients this week that six samples of ship fuel sold in Singapore had "resulted in severe sludging at centrifuges, clogged pipelines, overwhelmed fuel filters".The Singapore findings follow reports of more than 100 vessels that loaded similarly contaminated fuel in the U.S.
Da Nang Upgrades Tien Sa Port
Da Nang Port Joint Stock Company (DNPJSC) has started the second stage of Tien Sa port after two years of construction, bringing its total capacity to 12 million tonnes of cargo per year.The national radio broadcaster Voice of Vietnam quoted General Director of DNPJSC Nguyen Huu Sia saying that the second stage at Tien Sa Port had cost more than 1 trillion VND (44.2 million USD), of which 36 percent was funded by the company.Tien Sa Port is expected to be able to handle 70,000 DWT vessels and 10 million tonnes of cargo a year.The expansion project will cover an area of 60…
Metal Shark is Competing - and Winning - Here and Oversees
U.S. shipbuilder Metal Shark powers into the second half of 2018 with a healthy backlog, multiple recent deliveries into foreign markets, and a portfolio of patrol craft that has attracted multiple clients – here and abroad.At a time when more than a few workboat builders are feeling the pain of lingering offshore malaise and an oversupplied inland market that no longer needs large quantities of barges, Louisiana-based Metal Shark has found its groove in a suddenly active and highly competitive niche market.