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Sunday, July 22, 2018

Australia News

Photo: Transocean

Transocean Signs 11 Well Contract with Chevron Australia

The international provider of offshore contract drilling services for oil and gas wells Transocean announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing offshore Australia in the first half of 2019 with Chevron Australia.The estimated firm contract backlog, excluding integrated services, is approximately USD 158 million. Additionally, the contract includes four one-well options.Two days ago…

The Hvalur 8 bringing in a Fin whale (right) and a Blue whale (left). Image Credit: Sea Shepherd.

Sea Shepherd Says Endangered Blue Whale Killed in Iceland

An endangered Blue whale has been killed by an Icelandic whaling company Hvalur hf to be sold for export to Japan, a conservationist organization Sea Shepherd said. "Sea Shepherd volunteers monitoring the Hvalur hf whaling station in Hvalfjordur Iceland have documented the slaughter of an endangered Blue whale on the night of July 7th, the 22nd endangered whale killed and butchered for export to Japan by Kristján Loftsson’s commercial whaling company since June 20, 2018," said a press release.

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China's Export Growth Steady, Import Growth Faster

China maintained solid export growth of 12.6 percent in May, slightly slower than in April, but still providing good news for Beijing's policymakers as they deal with tough trade negotiations with Washington.Imports also rose more than anticipated in May and at the fastest pace since January, with the data coming at a time when China has pledged to its trade partners - including the United States - that steps would be taken to increase imports.China, the world's largest exporter…

Photo: Kalmar

A World-first Intermodal Automation Solution is on the Way

Kalmar, part of Cargotec, and Navis, part of Kalmar Business Area within Cargotec, have been awarded the contract to supply a state-of-the-art, fully automated intermodal terminal solution for Qube's Moorebank Logistics Park (MLP) in south-western Sydney. The order, valued at approximately EUR 80 million, includes the supply of the OneTerminal solution comprising Kalmar's automated train handling, automated yard crane and automated horizontal transportation equipment and the Navis N4 terminal operating system (TOS). It was booked into Cargotec's 2018 second quarter order intake.

Australia No.1 Express. Map: Australia No.1 Express

Hyundai Merchant Marine Launches China-Australia Express Service

Hyundai Merchant Marine (HMM) announced that it is launching a new China-Australia express service, under the name ‘A1X (Australia No.1 Express) with carriers Evergreen and APL. The A1X service covers the ports of Ningbo-Shanghai-Yantian-Sydney-Melbourne-Brisbane from August 17 starting its first service at Ningbo on the vessel Hyundai Supreme.Previously, HMM provided the service through a slot purchase from Maersk, MSC, ONE and Hamburg Süd.For the new service, a total of five Panamax (4,600TEU) vessels will be deployed.

© victor217 / Adobe Stock

Asian Shares, Oil Fall as US-China Trade Spat Escalates

Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.Fears of a global trade war added to pressure on oil prices, which extended Friday's big fall, while the dollar retreated from near 3-week highs against the safe haven yen.Spreadbetters suggested a subdued start for European shares, with FTSE futures off about 0.1 percent. U.S.

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ExxonMobil Considers Importing LNG to Australia

ExxonMobil Corp, southeastern Australia's biggest gas supplier, is considering importing liquefied natural gas (LNG) to help plug a looming gas shortage from 2021 and protect its market share.The move would compete with plans by both Australia's no.2 energy retailer AGL Energy to start importing LNG by 2021 and a consortium involving Japan's JERA to start imports from 2020.ExxonMobil is also stepping up exploration off the coast of Victoria and considering developing a gas field called West Barracouta close to an existing field…

BAE $26B Frigate Deal: Local University Sees Opportunity

The University of Tasmania welcomed the announcement of BAE Systems as the successful tender for $25.8 billion SEA 5000 Future Frigate program. Deputy Vice-Chancellor (Research) Professor Brigid Heywood said enormous benefits would flow to Australian industry as a result of the deal to build a new fleet of nine navy frigates, particularly with a 65 to 70 per cent Australian industry content target in the contract. “The University of Tasmania, primarily through our specialist institute the Australian Maritime College…

Photo: Liebherr

Another Liebherr Mobile Harbor Crane for Qube Ports

The Australian port solution provider Qube Ports will shortly receive its eighth mobile harbour crane from Liebherr. Now they also placed an order for their ninth LHM. Qube, the giant Australian logistics supplier with services and facilities in 28 Australian ports, have ordered a LHM 550 for its operations in Whyalla with SIMEC. This will be the ninth mobile harbor crane Qube have ordered from Liebherr in the last five years, with an LHM 420 also currently on its way to Bell Bay in Tasmania.

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Port Hedland Iron Ore Shipments to China Climb in June

Iron ore shipments to China from Australia's Port Hedland terminal rose 7 percent to 39.69 million tonnes in June from a month earlier, port data released on Tuesday showed.Total June iron ore shipments from the world's biggest export terminal for the steelmaking raw material totalled 47.29 million tonnes, compared with 44.97 million tonnes in May, according to the Pilbara Ports Authority.Port Hedland is used by three of Australia's top four iron ore miners, BHP Billiton , Fortescue Metals Group and Gina Rinehart's Hancock Prospecting.Rio Tinto uses the nearby Dampier and Cape Lambert ports to

Photo: Damen

Damen Delivers Tug Pair to Smit Lamnalco

Netherlands based shipbuilder Damen said it has delivered two of four ASD 3212 tugs to towage and related marine services’ company Smit Lamnalco.Arriving in Oman on July 10, the two new tugs, each with a bollard pull of 80 metric tons, will be directly deployed at a Oman India Fertilizer Company S.A.O.C (OMIFCO) dedicated terminal in the Port of Sur and will be owned and operated by the joint venture Bahwan Lamnalco Company (BLC).In November 2017, Smit Lamnalco announced that it had decided to order four Damen ASD 3212 tugs following an award of two major contracts…

(Photo: BP Shipping)

First of Six New LNG Carriers Delivered to BP

BP Shipping has taken delivery of British Partner, the first of a half dozen new 173,400 cubic meter capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea.BP Shipping, which launched a fleet rejuvenation program in 2016 that includes 32 new vessels for delivery over a three-year period, says the six new Partnership class ships will increase its ability to transport LNG in emerging new markets, such as Pakistan, Jordan, Egypt and Bangladesh, in addition to established markets, such as India, China, the U.S.

Photo: Wallem

Bulk Carrier Crew Rescues Six Fishermen

On Saturday, June 9, the captain and crew of the Wallem-managed vessel the bulk carrier KSL Seoul rescued six fishermen after their boat was involved in an accident and subsequently capsized.The KSL Seoul was passing through the Mindoro Strait en route to Port Walcott in West Australia when they spotted the capsized fishing boat, the Sister Reds with six Filipino fishermen clinging onto its hull.The KSL Seoul immediately notified the Philippine coastguard and the local Maritime Rescue Coordinating Council (MRCC) and changed course to approach the boat.

(File photo: APL)

APL Launches New Container Services

Ocean carrier APL announced today it will introduce two new weekly services from central and southern China connecting to Indonesia and Australia respectively.APL's new China Southeast Asia Service 8 (CS8) set to commence on June 30 will provide direct access from Shanghai, Ningbo and Shekou to Indonesia’s Jakarta and Surabaya. Its service rotation is Shanghai – Ningbo – Shekou – Jakarta – Surabaya – Kaohsiung – Shanghai.Shipments from Shanghai will arrive in Jakarta and Surabaya in as soon as eight and 11 days respectively.

AGL Decision on LNG Import Terminal Expected in FY2019

AGL Energy Ltd, Australia's biggest power producer, expects to make a final investment decision on the country's first liquefied natural gas (LNG) import terminal in the financial year of 2019, a company official said on Friday.The A$250 million ($189 million) project will consist of a leased floating storage and regasification unit (FSRU) and jetty at Crib Point in the southeastern state of Victoria. The terminal will handle up to 130 to 140 petajoules a year, or 2.6 million tonnes of LNG…

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Baltic Index Slips to Two-week Low

The Baltic Exchange's main sea freight index on Thursday fell to its lowest level in two weeks, pulled down by falling rates for capesize and panamax vessels.The overall index, which tracks rates for ships carrying dry bulk commodities, slid 26 points, or 1.9 percent, to 1,347 points.The capesize index lost 52 points, or 2.5 percent, to end at 2,038 points."Extremely few cargoes out of west Australia, hence the general activity level for Pacific market this week been very low," ship broker Fearnleys said in a weekly report on Wednesday referring to the capesize segment.Average daily earnings f

© jovannig / Adobe Stock

Cruise Industry Beat 2017 Passenger Projections

The ocean cruise ship industry surpassed 2017 passenger projections, reaching 26.7 million cruise passengers globally up from a projection of 25.8 million, according to the Cruise Lines International Association (CLIA).For 2018, based on the new vessel launch schedule and expected regional deployment, CLIA is projecting another positive year-over-year growth for the industry with a passenger forecast of 28 million.“Once again, the cruise industry has raised the bar and exceeded projections and expectations…

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Dry Bulk Shipping: No Room for Newbuilds

DemandThe improved fundamentals during 2017 are clearly seen in the freight rate levels during the first four months of 2018. Freight rates for Handysize, Supramax and Panamax went up by 25-27 percent as compared to the same period of last year. All three sectors moved from loss-making average earnings in the full year of 2017 to a profitable level in first four months of 2018.Meanwhile, capesize freight rates improved by only 5 percent as compared to the same period last year…

(Photo courtesy Photo: Fire and Rescue NSW)

Australia's Port Kembla Reopens after Bulker Fire

A fire in the hold of a bulker ship on Monday briefly closed Australia's Port Kembla, the second-largest coal export port in New South Wales state, stopping shipping for eight hours.The port was shut soon after the blaze began before dawn on the MV Iron Chieftain as it unloaded dolomite, a mineral used in steelmaking which was destined for BlueScope Steel Ltd's nearby blast furnace. No injuries were reported."Shipping recommenced and the port reopened at 1130 (0130 GMT) and is expected to be back on schedule by around 1700…

CESI Lianyungang. Photo: Mitsui O.S.K. Lines, Ltd.

LNG Carrier CESI Lianyungang Delivered

Mitsui O.S.K. Lines (MOL) announced the delivery of the LNG carrier CESI Lianyungang, which was ordered by the joint venture of China COSCO Shipping Corporation Limited (CCSC) and China Petroleum & Chemical Corporation (SINOPEC), at Hudong-Zhonghua Shipbuilding (Hudong) on May 31. The CESI Lianyungang is the sixth vessel in the China LNG Transportation Project announced in April 2013, and will sail under a long-term charter transporting LNG that SINOPEC purchases from the Australia Pacific LNG Project.

© vladsv / Adobe Stock

New LNG Import Terminal Planned at Port Kembla

A consortium including Japan's JERA Co and Marubeni Corp aiming to ship liquefied natural gas (LNG) to Australia's east coast has chosen a site south of Sydney at Port Kembla for an import terminal, it said on Monday.The project will allow access to a new gas supply for local industries in New South Wales state by 2020, the consortium, Australian Industrial Energy (AIE), said in a statement.AIE also includes iron ore magnate Andrew Forrest's Squadron Energy. Top global LNG buyer…

© Graham Flett / MarineTraffic.com

Cargo Ship Loses 83 Containers off Australia

A cargo ship lost 83 containers over-board during heavy seas off Australia and items including nappies and sanitary pads are washing up on beaches while there are fears the ill-fated containers will pose a hazard for shipping and whales.The YM Efficiency, operated by Taiwan shipping company Yang Ming Marine Transport Corporation, was sailing from Taiwan to Sydney when it encountered 5-metre swells in the Tasman Sea, about 30 km off Australia's east coast late on Thursday."They're 40-foot containers, they sit about a foot or two off the water ...

© V. Tonic / MarineTraffic.com

YM Efficiency Docks in Sydney after Losing 83 Containers at Sea

A Taiwan-owned cargo ship docked safely in Sydney on Wednesday after losing 83 containers off the coast of Australia during a massive storm which saw the ship battered by five metre (15 feet) swells.The YM Efficiency limped into Sydney with a container hanging halfway off its side. It had arrived off Sydney four days earlier but was kept out at sea because the city's main port was closed due to bad weather.The challenge for port operators is to unload the remaining 26 damaged…

Moorebank Graphic View. Photo: Kalmar

Kalmar-Navis Intermodal Automation Solution for Moorebank Logistics Park

Kalmar, part of Cargotec, and Navis, part of Kalmar Business Area within Cargotec, have been awarded the contract to supply a state-of-the-art, fully automated intermodal terminal solution for Qube's Moorebank Logistics Park (MLP) in south-western Sydney. The order, valued at approximately EUR 80 million, includes the supply of the OneTerminal solution comprising Kalmar's automated train handling, automated yard crane and automated horizontal transportation equipment and the Navis N4 terminal operating system (TOS). It was booked into Cargotec's 2018 second quarter order intake.

© Adwo / Adobe Stock

Port Hedland Iron Ore Shipments to China Rise 2.4% in May

Iron ore shipments to China from Australia's Port Hedland terminal in May rose 2.4 percent from a month earlier to 37 million tonnes, port data released on Monday showed.Iron ore shipments to China in April stood at 36.1 million tonnes.Overall iron ore shipments from the world's biggest export terminal rose to 45 million tonnes in May from 42.6 million tonnes in the previous month, the Pilbara Ports Authority said.Port Hedland is used by three of Australia's top four iron ore miners - BHP Billiton , Fortescue Metals Group and Gina Rinehart's Hancock Prospecting.(Reporting by Tom Westbrook; Edi

© Wojciech Wrzesien / Adobe Stock

LNG Trade Grew 10% in 2017 -EIA

Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said on Monday.LNG trade reached 38.2 billion cubic feet per day (bcfd) in 2017, up 3.5 bcfd from 2016 and the largest annual volume increase on record, the EIA said, citing the Annual Report on LNG trade by the International Association of Liquefied Natural Gas Importers (GIIGNL).New liquefaction export capacity commissioned in Australia…