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China's 'Teapot' Refiners Mop Up Swelling Iranian Crude, Defying US Curbs
Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices, while Tehran is stepping up output and exports despite U.S. sanctions.Although China's "teapots", or small independent refiners, are stocking up on Iran's discounted oil as they exploit robust margins to fill strong seasonal demand, big…
CO2 Shipping on the Rise
The transportation of CO2 is taking to the seas as emitters look for flexible ways to move captured carbon to offshore storage projects, with a fleet of 55 carriers required by 2030, according to Rystad Energy research.Based on planned carbon capture projects, Rystad predicts that more than 90 million tonnes per annum (tpa) of CO2 will be shipped by the end of the decade, volumes requiring 48 terminals to handle the import and export of the gas.As the global carbon capture…
Samsung Heavy and MISC Develop Floating CO2 Storage Unit
Samsung Heavy Industries has received basic certification for a floating CO2 storage unit (FCSU) from DNV.The FCSU, jointly developed by Samsung Heavy Industries and MISC, is 330 meters long and 64 meters wide, and has a high-pressure tank capacity that can store 100,000 cubic meters of liquefied CO2 at -50 degrees Celsius or less.The injection module mounted on the upper part of the hull secures the ability to send five million tons (MTPA) of CO2 per year to the depths of the seabed.
AET Delivers LNG Dual-Fuel VLCC to Shell
AET delivered its newest vessel, the first of three Very Large Crude Carrier (VLCC) powered by dual-fuel liquefied natural gas (LNG) engines, on long-term charter to Shell Tankers (Singapore) Private Limited.The Malaysian-flagged Eagle Vellore was named at a ceremony at the MMHE Pasir Gudang yard, attended by the Deputy Minister of Transport, Malaysia and other Malaysian government officials. The naming of the 300…
China's Behaviour in South China Sea must be Challenged - U.S. Navy Official
China's "aggressive behaviour" in the South China Sea, including the use of water canon by its coast guard against a Philippine vessel, must be challenged and checked, the commander of the U.S. Navy's Seventh Fleet said on Sunday.Vice Admiral Karl Thomas assured the Philippines of U.S. backing in the face of "shared challenges" in the region, saying: "My forces are out here for a reason."The largest of the U.S.
Malaysia Concerned About Disease in Australian Cattle
Malaysia has paused the import of all live cattle and buffalo from Australia citing concern about lumpy skin disease (LSD).The move follows a decision last month by Indonesia to halt live cattle imports from four locations in Australia after 13 cattle were found to have the disease.Australia’s Chief Veterinary Officer Mark Schipp has released a statement saying that Australia is urgently engaging with…
China, Philippines' Dispute over Grounded Warship Heats Up
China again asked the Philippines to tow away a grounded warship - a World War Two-era vessel now used as a military outpost - from a disputed shoal on Tuesday, after Manila rejected Beijing's earlier demand.Tensions have soared between the two neighbours over the South China Sea under Philippine President Ferdinand Marcos Jr, with Manila pivoting back to the United States, which supports the Southeast…
Indonesia Finds Disease in Cows Shipped from Australia
Indonesia has informed Australia’s Department of Agriculture, Fisheries and Forestry (DAFF) that lumpy skin disease (LSD) has been detected in Australian cattle exported to Indonesia by sea.Indonesia has now suspended cattle imports from four Australian pre-export quarantine facilities.Australia’s Chief Veterinary Officer, Dr Mark Schipp, issued a statement saying that the finding came after those cattle had arrived and spent some time in Indonesia.“As Australia’s Chief Veterinary Officer…
Perdana Nautika Wins AHTS Vessel Contract
Malaysia's Perdana Petroleum's subsidiary, Perdana Nautika, has secured a contract for the provision of an anchor handling, Tug, and Supply (“AHTS”) vessel to RMS…
Siem Offshore's AHTS Vessels Win Work in Australia
Norwegian offshore vessel operator Siem Offshore has secured a medium-term contract for two AHTS vessels.Siem Offshore said Tuesday that the contracts were for its…
WinGD to Deliver Ammonia Engines in 2025
Swiss marine power company WinGD is on track to deliver its first X-DF-A dual-fuel ammonia engines by the first quarter of 2025, with the first X-DF-A powered vessels in service from 2026.The confirmation follows combustion tests at WinGD research facilities in December 2022 and is backed by concrete orders. Last month WinGD signed an agreement with AET Tankers and sister company Akademi Laut Malaysia to develop crew training on ammonia engines.
China's Shandong Starts Releasing Oil Stranded at Ports after Inspections, Sources Say
China's Shandong refining hub has begun releasing millions of barrels of oil that were stuck at ports after inspections curbed imports into the province, trading sources said following a meeting this week between officials and refiners.The easing of curbs placed on China's top oil importing province in mid-April will help free up inflows of heavy crude from Venezuela and Iran, they said. In a meeting hosted by the Shandong government on Tuesday between customs officials and independent refiners…
Mitsui OSK Gets AiP for Liquefied CO2 Vessel, Floating Storage Unit
Japanese shipping company Mitsui O.S.K Lines (MOL) 9104.T has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit (FSO) from the American Bureau of Shipping, its Chief Executive Takeshi Hashimoto said on Wednesday.The vessel and the FSO were developed by the company along with Malaysia's state-run oil company Petronas and Shanghai Merchant Ship Design and Research Institute…
Northern Lights CCS: Trailblazing the Path to Europe’s Net Zero Emissions
In the global quest for achieving net zero emissions and slowing down global warming, carbon capture and storage (CCUS) technology has emerged as an important solution. Among the notable projects being developed in the field is the Northern Lights offshore carbon capture and storage project in Norway, a country with long experience with offshore CO2 storage.The transition to a sustainable energy future requires innovative solutions that go beyond simply halting fossil fuel projects.
MISC Group, WinGD Ink Deal on Ammonia Engines
Malaysia's MISC Group signed an agreement to develop ammonia engines for ships, marking a step towards zero-emission shipping operations, the company said.MISC-owned AET and Akademi Laut Malaysia (ALAM) have signed an agreement with WinGD to develop engines for ammonia dual-fuelled vessels, a first for deep-sea vessels, MISC said in a statement.ALAM also signed an agreement with shipping classification society DNV for the training…
China's Largest Naval Training Ship Heads for Philippines in 'Friendly' Tour
China's largest naval training ship sailed for the Philippines on Friday, its last stop of a regional "friendly" tour, amid growing unease over Chinese maritime activities in the South China Sea.The giant training vessel, Qijiguang, bigger than a typical destroyer, left Brunei on Thursday for the Philippines as part of an around 40-day trip which has included stops in Vietnam and Thailand before Brunei.At the end of its trip…
Singapore Detained Gatik Tanker in May Over Safety Issues
Singapore authorities detained one of the oil tankers from Gatik Ship Management's fleet, a major carrier of Russian oil to India, for three days last month over safety issues…
Malaysia Detains Chinese Ship Linked to Suspected Illegal Salvage of British WW2 Wrecks
Malaysia's maritime authorities on Monday said cannon shells believed to be from World War Two have been found on a China-registered bulk carrier ship detained at the weekend for anchoring in its waters without permission.The discovery comes amid reports this month that scavengers have targeted two British World War Two wrecks off the coast of Malaysia - the HMS Prince of Wales and HMS Repulse - which were sunk by Japanese torpedoes in 1941…
Chinese Ships Ignore Vietnam Demand to Leave Area Close to Russian-run Offshore Gas Fields
A Chinese research ship and five escort vessels were in Vietnam's exclusive economic zone (EEZ) on Friday, close to gas blocks operated by Russian firms in the South China Sea…
Asia Gets Most of Russian Dark Fuels after EU Embargo
Asian countries remain the lead destinations for Russian vacuum gasoil (VGO) and fuel oil exports after the European Union's embargo, traders said and Refinitiv data showed. "Pretty stable flows for refining and bunkering", one trader said. According to Refinitiv data, China and India, which became main importers of embargoed Russian oil, were respectively accounting for about 2.6 million tonnes and…