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Tuesday, July 16, 2024
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Asia News

12 Jul 2024

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

© piter2121 / Adobe Stock

Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals.The Vizhinjam deep-sea port at the southern tip of the country is of strategic importance due to its proximity to international shipping routes and will help India rival Dubai, Singapore and Sri Lanka.Adani Ports, a part of billionaire Gautam Adani's ports-to-power conglomerate…

04 Jul 2024

Louis Dreyfus Orders Pair of New CTVs from Strategic Marine

(Credit: Strategic Marine)

Singaporean shipbuilder Strategic Marine has secured an order from Louis Dreyfus Amateurs for an additional pair of crew transfer vessels (CTVs) to expand its fleet from five to seven high-specification vessels.The 27-meter CTVs represent sister ships to Acti’Vent and Esti’Vent, and will be able to transport 24 passengers each.The two new CTVs, of StratCat 27 design, are expected to be delivered early in 2025. “These new orders are part of our strategy to expand our Offshore Renewables business in France and in Europe.

01 Jul 2024

Jan de Nul Gets Export Cables Installation Job for Taiwanese Offshore Wind Farm

Willem de Vlamingh vessel (Credit: Jan de Nul)

Belgium-based offshore installation contractor Jan De Nul has signed preferred supplier agreement with Copenhagen Infrastructure Partners (CIP) for the installation of subsea high-voltage export cable for Fengmiao I offshore wind farm in Taiwan.The subsea cables, about 90 km long, will bring the wind energy generated at the 500 MW Fengmiao I wind farm ashore to Taichung City.Fengmiao I will provide power for about half a million households, and is part of the larger Fengmiao wind project.The wind farm is located approximately 35 km off the coast of Taichung and has a total capacity of 1…

28 Jun 2024

Damen Books New SOV Oder for Taiwanese Offshore Wind Market

(Credit: MOL)

Dutch shipbuilder Damen has signed a deal with Ta San Shang Marine (TSSM) for the construction of new service operation vessel (SOV) for Taiwanese offshore wind operations.This is the third newbuilding SOV for TSSM, a joint venture between Mitsui O.S.K. Lines (MOL) and Ta Tong Marine (TSS), following the first newly built SOV in Asia the TSS Pioneer, delivered in 2022, and the TSS Cruiser, which was ordered in November 2023 and is scheduled for delivery at the end of 2025.The third vessel is designed to be methanol-ready as a future fuel…

26 Jun 2024

Venture Global Launches First LNG Vessel from Planned Nine-Strong Fleet

The Venture Gator vessel (Credit: Venture Global)

U.S. liquefied natural gas (LNG) exporter Venture Global has launched its first LNG vessel, the Venture Gator, at the Samsung Heavy Industries shipyard in Geoji-si, South Korea.The Venture Gator is the first of nine LNG carriers in the Venture Global fleet to be completed in quick succession across three shipyards in South Korea over the coming 24 months, which will transport LNG from the U.S. to multiple global partners and destinations.The ship is said to deploy best-in-class environmental and efficiency technology and will be primarily fueled by Venture Global’s LNG.

25 Jun 2024

China Cracks Down on Shipping of Illicit Drugs at Ports

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Chinese authorities have seized 4.5 tons of illicit drugs at border ports so far this year leading to 381 arrests, state media said on Tuesday, amid new efforts to fight trafficking and high-level counternarcotics talks between Washington and Beijing.The United States, where fentanyl abuse has been a major cause of death, has pushed China for deeper law enforcement cooperation, including further controls on the chemicals used to make fentanyl and which are often shipped from China, experts say.Washington and Beijing recently joined forces to investigate a major drug-linked money laundering ope

20 Jun 2024

Singapore to Seek Compensation from Shipowner for Oil Spill

(Photo: Maritime and Port Authority of Singapore)

Singapore will seek compensation for the costs incurred in an oil spill last week from the owners of the stationary vessel that discharged the oil, local media CNA reported on Thursday.The Maritime and Port Authority told CNA that the shipowner of Singapore-flagged Marine Honour - which was hit by Netherlands-flagged dredger Vox Maxima - is liable for costs incurred in containing and cleaning the oil spill and damage to infrastructure.Reuters has reached out to the port authority for comment.Earlier…

19 Jun 2024

India Approves $9-billion Port to Boost Trade with Europe

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India's cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to connect the Asian country with Europe by sea and rail links through the Middle East.The Vadhavan port will be built on India's western coast, about 150 km (93 miles) from financial capital Mumbai, for 762 billion Indian rupees ($9.14 billion), Information Minister Ashwini Vaishnaw told reporters.The port will include terminals to accommodate "mega vessels" and terminals for petroleum…

19 Jun 2024

Mooreast to Quadruple Production Capacity with Seatrium Facility Purchase

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Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector.The SGX Catalist-listed specialist in total mooring solutions catering to the renewable sector has been granted an option to purchase 60 Shipyard Crescent by Seatrium New Energy, which is a wholly-owned subsidiary of Seatrium, a leading provider of engineering solutions to the global offshore…

18 Jun 2024

Singapore’s Joint Oil Spill Clean-Up Ops Enter Next Phase

(Credit: Maritime and Port Authority of Singapore)

The authorities in Singapore have started the next phase of an oil spill clean-up operation, caused by the allision of a dredger and a bunker vessel, with the additional deployment of various booms and oil recovery systems.The Maritime and Port Authority of Singapore (MPA) said that 1500 meters of booms have been deployed, and an additional 1600 meters will be deployed over the next few days in designated sites to support the containment of accumulated oil to facilitate the clean…

18 Jun 2024

Shell to Buy Singapore’s Pavilion Energy

© Mike Mareen / Adobe Stock

Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy, a Singapore-based global liquefied natural gas (LNG) trading business.Pavilion Energy is an LNG business with a contracted supply volume comprising about 6.5 million tonnes per annum (mtpa).Headquartered in Singapore, Pavilion Energy’s global energy business encompasses LNG trading, shipping, natural gas supply and marketing activities in Asia and Europe.“The acquisition of Pavilion Energy will strengthen Shell’s leadership position in LNG…

13 Jun 2024

Strategic Marine Inks MoU with Mainprize Offshore for Six New Supa Swath CTVs

(Credit: Strategic Marine)

Singaporean shipbuilder Strategic Marine has signed a memorandum of understanding (MoU) with Mainprize Offshore for the delivery of six new Supa Swath crew transfer vessels (CTVs) with options for six additional ones.Following the recent successful delivery of two Supa Swath Vessels to the UK based operator Mainprize Offshore, the two companies signed the MoU for the acquisition of six Supa Swath vessels, with an option for an additional six vessels.This strategic agreement looks…

10 Jun 2024

Cambodia Set to Break Ground on Contentious Techo Funan Canal

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Cambodia will begin construction of its Chinese-backed $1.7 billion Techo Funan canal this August, Prime Minister Hun Manet said, describing the development as a "historic project".The 180-km (112-mile) canal that will connect the Mekong River basin to the Cambodian coast has caused tension between Cambodia and neighboring Vietnam, and sparked fears that it could be used by Chinese warships. Cambodia has dismissed those claims as baseless.Acknowledging concerns about the project…

10 Jun 2024

Strategic Marine Inks Four CTVs Construction Contract with Venus Marine

(Credit: Strategic Marine)

Singaporean shipbuilder Strategic Marine has signed a contract with Venus Marine for the construction of four Crew Transfer Vessels (CTVs) for operations in Europe and Taiwan.This project is the result of a collaborative effort with renowned design firm BMT Limited, showcasing the latest advancements in marine engineering and technology.The design of the four 27-meter CTVs makes them suitable for challenging operating environments.Key features of these innovative vessels include propulsion systems CPP and IPS propulsions…

07 Jun 2024

Jumbo Offshore Completes Monopile Removal Job in Taiwan

(Credit: Jumbo Offshore)

Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has completed the removal of two monopiles on the Yunlin offshore wind farm in Taiwan.The Jumbo Offshore crew carried out the work by deploying its DP2 heavy lift crane vessel Fairplayer from Europe to support the onsite operations.Jumbo Offshore was awarded the contract by Yunneng Wind Power (YWPC) earlier in 2024 for the removal of monopiles at the Yunlin offshore wind farm.The contract award represented an expansion of Jumbo Offshore’s existing scope…

05 Jun 2024

SHI's Ammonia Fuel Cell Powered VLAC Gets Lloyd’s Register’s Blessing

(Credit: SHI)

Samsung Heavy Industries (SHI) has received an approval in principle (AiP) from Lloyd’s Register for the design of its ammonia fuel cell-powered very large ammonia carrier (VLAC).Ammonia fuel cell-powered VLAC, developed by SHI with the US-based fuel cell system developer Amogy, is an emission-free and eco-friendly vessel, which does not produce any sulfur oxides (SOx), nitrogen oxides (NOx), or carbon dioxide (CO2) with both of its main engines for propulsion and power generation…

04 Jun 2024

Maersk Skips Sailings Due to Significant Port Congestion in Asia, Mediterranean

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Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish shipping group said in a statement on Monday.As a result of that congestion, the world's second-largest container shipping company, will skip two westbound sailings from China and South Korea that had been planned to depart in early July, it added.The notice from Maersk comes as global supply chains are suffering cascading delays and higher costs due to the Yemen's Houthi militant attacks on commercial vessels near the Suez Canal.

04 Jun 2024

Strategic Marine Delivers Two Offshore Wind CTVs to Mainprize Offshore

(Credit: Strategic Marine)

Singaporean shipbuilder Strategic Marine has delivered two offshore wind Crew Transfer Vessels (CTVs) to UK-based Mainprize Offshore.The two 27-meter vessels are part of the UK-based CTV owner and operator’s ongoing fleet expansion and will add to its current fleet of 11 vessels.Scheduled for operations in European waters from July 2024 onwards, both vessels will be carrying out crew transfers in Europe.The vessels feature Supa-SWATH hull design for enhanced seakeeping with reduced…

03 Jun 2024

First Korean-built Geophysical Exploration Vessel Commissioned

(Photo: South Korea Ministry of Trade, Industry and Energy)

South Korea's first domestically built geophysical exploration research vessel was commissioned during a ceremony at Pohang Yeongilman Port on May 31.The 92-meter Tamhae 3 is a fully state-funded research vessel owned by the Korea Institute of Geoscience and Mineral Resources (KIGAM). The KRW 181 billion (US$132 million) newbuild replaces its 1996-built predecessor, Tamhae 2, for geophysical explorations in domestic and foreign waters, starting with Korea’s continental shelves…

31 May 2024

Extreme Asian Heat Spurs LNG Demand Ahead of Summer Months

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Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April, with heatwaves across South and Southeast Asia boosting air-conditioner use and other cooling demand. Prices are now at a near six-month peak at $12 per million British thermal units (mmBtu) and are expected to remain elevated."Spot prices are now driven by Asian demand.

31 May 2024

Saipem Adds Heavy-Lift Pipelay Vessel JSD6000 to Its Fleet

JSD6000 vessel (Credit: Saipem)

Italian offshore energy services firm Saipem has signed a long-term charter contract with Chinese state-owned port and naval machinery manufacturer ZPMC for the JSD6000, a latest generation ship for offshore heavy lifting, construction and pipelaying.The signed contract provides for the bareboat charter of the ship for a five-year duration, plus two extension options of one year each.The vessel will be delivered to Saipem in June 2024 and will become part of the company’s fleet.Equipped with a DP3 dynamic positioning system and a heavy-lift capacity of up to 5…

29 May 2024

Wärtsilä to Provide Operational Support for Two Japanese Ferries

(Credit: Shin Nihonkai Ferry)

Technology group Wärtsilä has signed two Lifecycle Agreements covering two ferries owned by Japanese operator Shin Nihonkai Ferry (SNF).The agreements are designed to provide optimal operational support in ensuring reliable and efficient performance for the ferries, each powered by four Wärtsilä 31 engines, which serve the Yokosuka and Shinmoji route.The two five-year agreements cover the ‘Hamayu’ and ‘Soleil’ ferries and provide remote 24/7 support in case of need.The scope of…

29 May 2024

Huisman Inks Deepwater Crane Supply Deal with Malaysia’s Oilfield Services Firm

(Credit: Huisman)

Dutch company Huisman has secured its first contract from Coastal International Marine, part of Malaysia-based oil and gas services company Coastal Contracts, for the supply of deepwater Knuckle Boom Crane.The Knuckle Boom Crane has a lifting capacity of 100 mt and features a deepwater winch and active heave compensation.Huisman recently introduced its optimised KBC series, designed specifically for the offshore subsea construction market.The optimised models align with the latest trends in offshore construction vessels…