Intertek invested £900,000 (4,143,720 Malaysian Ringgit) in a new Malaysian regional center which will bring enhanced services to the exploration and production (E&P) sector in the region. Based in Kuala Lumpur, the facility boasts two laboratories and will allow Intertek to significantly expand its locally delivered services for its existing E&P business in the region. It will be also be a focal point for the provision of local expertise through consultancy, technical support and testing services for the South East Asia region. The office has capacity for 30 people and recruitment plans are underway to increase the workforce by a third. The three-floor, 10,000-sq.-foot facility which has been operational since November 2012 and was officially opened yesterday is furnished with the latest technology and equipment. It will include two laboratories, one specifically for oil and gas analysis and the other to provide production chemistry, microbiology and corrosion testing services to South East Asia; a new offering from Intertek in the region. The office will also host training courses in its purpose built meeting and conference room. The company said it has been growing its business in the region over the past two years through a number of significant contract wins, particularly in production chemistry, corrosion and chemical testing
Miclyn Express Offshore takes delivery of 2011 built 70m Maintenance Support Vessel, renamed “MEO Galaxy”. Headquartered in Singapore Miclyn Express Offshore group of companies is a leading provider of service vessels to the expanding offshore oil and gas industry, across South East Asia, Australia and the Middle East. MEO Galaxy is an ideal vessel to provide support for platform maintenance, as well as HUC operations
Swee Joo Bhd, a Kuching-based shipping company, will receive the first of its two 7,000-ton product tankers next week. The $12m Asia Star, built in China, will be deployed on the company's South-East Asia routes covering Vietnam, southern China and east Malaysia. The second tanker, Asia Bright, will be delivered in the first half next year. The company has 14 container ships, three general cargo vessels, seven barges and seven tugboats
Abraaj Capital and Waha Capital backed Gulf Marine Maintenance and Offshore Service Company (GMMOS), an United Arab Emirates based provider of marine services to the offshore oil & gas industry, has secured a $100m term loan facility from Standard Chartered Bank, Abu Dhabi Commercial Bank, Credit Suisse and Deutsche Bank to refinance existing debt and fund acquisitions in the offshore supply vessel (OSV) sector, with a focus on the GCC and South East Asia markets.
Enhanced service network between Japan and South East Asia / Port rotation includes four Japanese ports / First sailing mid of March. Hapag-Lloyd is launching the new Japan-Singapore-Jakarta service (JSJ) which will commence on March 12 from Singapore. The new service will further enhance Hapag-Lloyd’s service network between Japan and South East Asia, and offer fast and reliable transit between Japan, Singapore and Jakarta.
Following a presence through official sales representative Kongsberg Geoacoustics, MacArtney Singapore Pte. Ltd. is now open for business. Local access to global support Located in the major offshore hub of South East Asia, MacArtney Singapore provides an increased regional sales base, offering local access to stock and capacity, resulting in efficient service and prompt delivery to underwater technology customers in Singapore, Malaysia, Thailand, Cambodia, Vietnam, Brunei
CMA CGM announced a peak season surcharge from all Asian ports (including Japan, South East Asia and Bangladesh) to West Mediterranean, Adriatic, East Mediterranean, Black Sea and North Africa. The surcharge, which will take effect January 6, 2014, is $300 (USD) per TEU (Dry cargo, OOG’S, Paying empties, Break-bulk and Reefer cargo). cma-cgm.com
Wilhelmsen Ships Service (WSS) has reported year-on-year growth in South East Asia, despite what WSS Area Director Niall Denholm describes as a ‘stressed market’ for the shipping industry. “Our products and services portfolio is expanding, and we see that our business within the region has continued to grow, largely due to the investment we have made across Asia Pac in terms of capability, network offices and staffing”, he said.
According to Reuters, Israeli shipping firm Zim, a unit of holding company Israel Corp., has received the first of 12 vessels it had ordered to meet an anticipated surge in demand as the global economy recovers. Zim said the new ship, Zim Los Angeles, had a capacity of 8,400 containers, and that a second ship with a capacity of 10,000 containers, Zim Djibouti, would be delivered in two weeks. Zim said the two vessels, built by Hyundai Heavy Industries
CapRock Communications expanded its international presence into Perth, Australia. The expansion extends CapRock’s turnkey managed services to energy, maritime and mining customers operating in the region. The Australian facility includes a regional support center to provide local service and support. The company appointed Ian Ford as general manager of South East Asia.
Semco Maritime and PetroVietnam Marine Shipyard join forces to establish high class rig upgrade player in South East Asia - Vung Tau Rig Services. The initiative shall tap into the growing market for rig upgrades in the region. Semco Maritime opens new office at the PetroVietnam Marine
Mitsui O.S.K. Lines (MOL) says its joint venture with China Shipping (Group) Company has signed shipbuilding contracts with Daewoo Shipbuilding & Marine Engineering (DSME) in Korea to build three ice class LNG carriers for the [Russian] Yamal LNG project.
Peak Reinsurance Company Limited (“Peak Re”), the fast growing Hong Kong based reinsurer announced the appointment of Kathleen Koh as Senior Vice President to underwrite credit and surety business. Ms. Koh will be responsible for developing and growing Peak Re’s credit
OW Bunker announced it is organizing its Asia business into three regional centers of operation: Greater China, East Asia and Korea/Japan. The move is part of the company’s strategy to deliver further growth in Asia and to provide more support to customers in key local markets within the
The Australian Defence Force informs that military strength and diplomatic might will come together in the coming weeks in Malaysia for Exercise Bersama Shield during one of South East Asia’s most significant regional exercises involving Australia and its regional security partners.
Growing Paraxylene (PX) exports from North East Asia to China are contributing to the fast growth of intra-Asia coastal trade, but they are undermining long-haul seaborne trade, according to Drewry's recently published 'Chemical Forecaster' report.
Over the past couple of decades, natural gas (NG) has become a fuel of choice for power generation. One way of increasing the availability of NG is through the use of liquefied natural gas (LNG). Global LNG trade is expected to grow by 30% in the coming few years
Asset integrity management specialist XPD8 Solutions said it has continued its recent success in West Africa for work off the coast of Ghana. Over an 18-month period, the company will develop the maintenance program and inventory data for MODEC’s TEN MV25 floating production
UASC has introduced its new Asia – Europe Network with three new services (AEC1, AEC3, AEC4), and two enhanced services (AEC8, AEC9). These services will broaden UASC’s market coverage providing direct services to additional Asian and North European ports whereby UASC will
Incat Crowther announced that construction has commenced on a 28m Catamaran Utility Vessel. Under construction at Marine Diesel Services, the vessel will be delivered to Nordic Maritime. The new vessel will build on the expertise and experience Incat Crowther demonstrated by vessels such as
Silver Discoverer, Silversea's latest addition to its award-winning expedition fleet, welcomes her first guests today, exactly 20 years to the day since the company launched its first ultra-luxury cruise ship. Setting sail at 4:30 p.m. on her inaugural voyage from the port city of Broome
The U.S. Shale Gas Revolution continues to drive orders for some of the world’s largest, most sophisticated tonnage. Mitsubishi Heavy Industries, Ltd. (MHI) received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier
Hyundai Heavy Industries (HHI), claimed to be the world’s biggest shipbuilder, and the only one in Korea capable of constructing both Membrane type and Moss type LNG carriers, informs it will exhibit at the upcoming Gastech 2014 show in Gyeonggi Province, South Korea.
The recently published annual review of trends and developments in shipping losses and safety – 'Allianz Global Corporate & Specialty Safety and Shipping Review' – indicates that world-wide ship losses declined by 20% compared with 2012.
With Asia’s dynamic, robust and increasingly affluent economies helping to keep the international shipping industry buoyant, “the need for a unified Asian voice has never been more important”, Esben Poulsson, Honorary Secretary of the Singapore Shipping Association told delegates