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.
NYK has been selected as the recipient of the 2016 Best Container Liner Award sponsored by the Thai National Shippers' Council (TNSC). NYK, which was evaluated highly for its services, was the only Japanese company to be recognized. This award is given to container liners that are recognized as the best in each route by Thai exporters who evaluate the liners on 14 criteria — including schedule frequency, transit time, on-time delivery, container condition
CP Ships has finalized plans for the most comprehensive and competitive choice of services available linking Australia and New Zealand with Europe, South East Asia, West Asia and North America. CP Ships has agreed with CMA CGM and Marfret to co-operate in a vessel sharing agreement between Australia, New Zealand, Pacific Islands, US East Coast and North Europe via the Panama Canal starting in February 2006. The
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.
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
In recent years, the speed with which newbuild vessels have entered the market has amplified the subsea vessel demand/supply imbalance, says a report by Douglas-Westwood London. This has been further exacerbated by sustained low oil prices
The NG-5500X-LD is the latest design in GustoMSC’s series of self-propelled jack-up designs, the NG series. Based on the NG-2500X and NG-1800X designs, the NG-5500X-LD is a solution for light drilling and well intervention in a large number of mature fields in the Southern North Sea
The government of India is working on a policy to make India a global destination for cruise shipping and efforts are on to identify such circuits, besides a slew of steps, to boost infrastructure, Shipping Minister Nitin Gadkari has said.
The Competition Commission of Singapore (CCS) has given the nod to a proposed joint venture between three Japanese shipping lines. Japan’s big three shipping groups, Kawasaki Kisen Kaisha (K Line), Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK)
French container shipping major CMA CGM has upgraded its SEAS1 and SEAS2 services, now providing two departures per week between Asia and the East Coast of South America. The group will thus provide two departures per week between Asia and the East Coast of South America
The new U.S. administration of President Donald Trump vowed on Monday that the United States would prevent China from taking over territory in international waters in the South China Sea, something Chinese state media has said would require Washington to "wage war."
Container shippers Maersk Line and Hamburg Süd announced a slot purchase agreement for Hamburg Süd’s volumes on the East–West trades to be shipped on vessels in the 2M network. Maersk Line acquired Hamburg Süd in December 2016
New research by DNV GL, the technical advisor to the oil and gas industry, has revealed that more oil and gas professionals in Singapore (46%) than globally (31%) are looking for new gas projects. Nearly nine out of ten respondents (87%) believe that gas will become an
Jakarta, Indonesia-based maritime training center PT Azureus Simulator Asia has chosen KONGSBERG’s Dynamic Positioning (DP) simulators to help it meet significant growth in regional demand for offshore operational training. Due for delivery in June 2017
Mitsui O.S.K. Lines, Ltd. today announced the completion, on Friday, February 10, of this year’s Project Based Learning (“PBL”) program at the University of Tokyo Graduate Program for Mechanical Systems Innovation (GMSI), Research and Education Consortium for Innovation of
Darlington based product manufacturer and global supplier of fire, blast and heat protection systems Mech-Tool Engineering Ltd (MTE) said it has delivered a fully certified ABS fire rated wall system for a Chinese turnkey EPC contractor in offshore construction.
Mitsui O.S.K. Lines (MOL) has announced the completion of this year's Project Based Learning (PBL) program at the University of Tokyo Graduate Program for Mechanical Systems Innovation (GMSI), Research and Education Consortium for Innovation of Advanced Integrated Science (CIAiS) and Global
Container trade on intra-Asian routes accounts for a significant proportion of global seaborne container trade, and in 2016, growth in intra-Asian box trade accelerated notably, helping to generate a healthier demand environment in the boxship sector, says a report in Clarksons Research.
Dry bulk shipping company Pacific Basin Shipping Limited has deployed KVH’s mini-VSAT Broadband solution on its entire fleet of 99 owned ships as part of its effort to modernize ship-shore communications. “Satellite communications continue to become more cost-effective over
Number of spot capesize cargoes double from January levels; Pacific capesize earnings now around $14,000 per day. Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-month highs this week, are set to jump further next week on tight tonnage supply and