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Petronas' Floating LNG Facility PFLNG Dua Produces First LNG
Malaysian oil and gas giant Petronas said Monday that its PFLNG Dua floating LNG facility has recently produced its first LNG. This is the company's second FLNG Unit, and its first deepwater FLNG facility.The PFLNG Dua is located at the Rotan gas field, 140km off Kota Kinabalu, Sabah, Malaysia. "In collaboration with its upstream Production Sharing Contract partner, PTT Exploration and Production…
Petronas Launches Tender for 16 Offshore Support Vessels
Malaysia's state energy firm Petronas recently launched a tender for the construction of 16 offshore support vessels (OSV), The Edge Weekly reported on Saturday.The newspaper reported, citing sources, that the invitation to bid is for the first batch of contracts and Petronas has plans to build 100 vessels in four years as it phases out its old vessels.The sources said Petronas has set a few requirements for the new OSV contracts, among them that the vessels will have to be built in local shipya
Fueltrax Announces Expansion in Asia
Maritime fuel management systems provider Fueltrax said it is expanding its representation in Asia in response to growing demand for its solutions in Southeast Asia and Asia Pacific regions. Joining the company is Faiz Azani, Director of Operations – Southeast Asia, and Chris Pemberton, Regional Representative – Asia PacificAzani joined the FUELTRAX team last month and brings 11 years of experience in the oil and gas…
UK, Japan Concerned Over East, South China Seas Situation
Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion.The joint statement was issued after an online meeting of Foreign Minister Toshimitsu Motegi and Defense Minister Nobuo Kishi of Japan, and their respective British…
China Says US Military in South China Sea Not Good for Peace
The United States often sends ships and aircraft into the South China Sea to “flex its muscles” and this is not good for peace, China’s Foreign Ministry said on Monday, after a U.S. aircraft carrier group sailed into the disputed waterway.The strategic South China Sea, through which trillions of dollars in trade flows each year, has long been a focus of contention between Beijing and Washington, with China particularly angered by U.S. military activity there.The U.S.
UAE Emerges as Hub for Companies Helping Venezuela Avoid US Oil Sanctions
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts to…
Cargo Ship Capsizes off Vietnam, 15 Sailors Missing
At least 15 sailors were missing on Thursday after a Panama-flagged cargo ship capsized in rough seas off Vietnam, Vietnamese state media said.The incident happened off the central province of Binh Th
Top Maritime Trends of 2020: Captain Andrew Kinsey, Allianz, Examines Logistics Challenges
Captain Andrew Kinsey, Senior Marine Risk Consultant, Allianz Global Corporate & Specialty, recently discussed some of the trends that will shape 2021 for the maritime, ports and logistics world.MR TV: As we come to the end of 2020, talk now turns not simply to COVID-19 and a potential vaccine, but to the supply chain logistics and challenges that come with distributing those vaccines. How does the picture look from where you sit?Andrew Kinsey: The picture looks complicated.
China's Exports Pinched by Global Shortage of Shipping Containers
China's world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.Exports from China surged 21% in November from a year ago as the country's mammoth industrial engine cranked out mountains of appliances, toys, clothes, personal protective equipment…
Vietnam: FSO Golden Star Receives First Condensate
Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC). The condensate delivery milestone was achieved on November 16, 2020, MISC said Friday. FSO Golden Star with a storage capacity of about 700,000…
Report: Venezuela Resumes Oil Shipments to China Despite U.S. Sanctions
Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel…
Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions
On Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s coast in the Caribbean to load 1.82 million barrels of heavy crude, according…
Malaysia Starts LNG Bunkering Ops. Makes First Delivery
Malaysia, through state oil firm Petronas, has ventured into the liquefied natural gas (LNG) bunkering business and made its first delivery in the southern state of Johor this week, the country's marine department said on Tuesday.The maiden operation involved supplying 1,150 tonnes of LNG from bunkering vessel MV Avenir Advantage, which Petronas leased from Future Horizon, to vehicle transport vessel Siem Aristotle at the Pasir Gudang port on Monday."This makes Malaysia among a few first-mover c
Malaysia: Petronas Launches Investigation into Fatal Offshore Incident
Malaysian oil and gas giant said Thursday it was investigating the cause behind the incident that happened earlier this week when the Dayang Topaz offshore vessel crashed into its platform at the Baram field, off Sarawak."A thorough assessment of the platform structures is being carried out. Petronas is committed to undertaking all the necessary measures to ensure that the platform structures remain safe and secure…
Malaysia: Two Dead After Offshore Vessel Rams into Oil Platform
Two crew of a Malaysian offshore support vessel died on Tuesday after their ship hit a [platform] operated by state oil firm Petronas off the state of Sarawak on Borneo island.The Dayang Topaz rammed into the Baram B oil platform after its anchor cable broke in bad weather, Petronas and marine authorities said in separate statements.The ship was carrying 187 crew, 125 of whom jumped into the sea when the accident happened, about 7.7 nautical miles (14.3 km) offshore, marine authorities said.
Keppel Delivers Its First LNG Carrier Avenir Advantage
Keppel Offshore & Marine has delivered its first liquefied natural gas (LNG) carrier, Avenir Advantage, to Avenir LNG. The vessel also functions as an LNG bunkering vessel (LBV), making it the first in South East Asia to do so, Keppel said.Avenir Advantage is the first of two such vessels that Keppel O&M is building for Avenir LNG. The 7,500m3 LBV was built at Keppel Nantong Shipyard in China and is equipped with engines that can run on both diesel and LNG.
China Asks Malaysia to Safeguard Detained Sailors' Rights
China’s foreign ministry said Monday the country had asked Malaysia to safeguard the rights of Chinese nationals it had detained for trespassing in its waters, and investigate the case according to the law.Malaysia’s maritime authorities said on Saturday they had detained 60 Chinese nationals and six Chinese-registered fishing vessels.Chinese foreign ministry spokesperson Zhao Lijian said at a daily news briefing in Beijing that officials from China’s embassy in Malaysia have visited the sailors
CMA CGM's New LNG Flagship Takes on Record Container Load
The world’s largest liquefied natural gas (LNG)-powered containership, CMA CGM Jacques Saade, has set a new world record for the most full containers loaded on a single vessel.On her Monday departure from Singapore, the CMA CGM Group’s new flagship was carrying a record 20,723 full containers, according to French shipping company CMA CGM.After joining CMA CGM’s fleet in September, the new record-breaking containership is now on her maiden voyage on the CMA CGM Group’s French Asia Line (FAL 1)…
Malaysia Detains Chinese Vessels for Trespassing
Malaysia’s maritime authorities said on Saturday they had detained 60 Chinese nationals and six Chinese-registered fishing vessels they said were trespassing into the Southeast Asian country’s waters.Malaysia reported 89 intrusions by Chinese coastguard and navy ships between 2016 and 2019, amid escalating tensions between the United States and China over Beijing’s claims to most of the resource-rich South China Sea, which is also a major trade route.The Malaysian Maritime Enforcement Agency (MM
Golar Unit Names New Boss as Former CEO Steps Down Amid Bribery Probe in Brazil
Golar LNG said on Monday Hygo Energy Transition Ltd, a joint venture between Golar and U.S. private equity firm Stonepeak Infrastructure Partners, has appointed…