DP World to Strengthen Ties with Thailand
DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation Sultan Ahmed bin Sulayem has met the Deputy Prime Minister of Thailand, Somkid Jatusripitak, who is responsible for seven ministries including Finance and Investments. During the meeting, which was held in Bangkok, Thailand, discussions revolved around the future prospects of cooperation between Thailand and DP World, exploring the potential for DP World to contribute in the country’s economic growth, especially in areas of ports, trade, shipping, and logistics industries.
Vietnam to Build Seaport Eyeing Kra Canal
A report in the Straits Times Vietnam is set to build a US$2.5 billion seaport in Ca Mau, its southernmost province, hoping to steal some spotlight away from the more popular regional hubs Singapore and Malaysia and could be a clue to Kra Canal. Vietnam announced that it would build a US$2.5 billion deep-water seaport, named Hon Khoai Port, on an island 17km off the coast of Ca Mau, Vietnam's southern-most province. The project was approved by Vietnamese Prime Minister Nguyen Tan Dung.
Thai Navy Lobbies for More Submarines
The Royal Thai Navy claims it urgently needs more submarines to compete with other Asian countries. The assistant commander made the claim aimed at persuading a skeptical public that the nation should invest in its military in a white paper sent to reporters, the Bangkok Post reported. The nine-page document detailing what it says are the reasons why the country needs to spend Bt24 trillion on buying three submarines from China. It could take up to eight years for Thailand to acquire a new submarine.
Ross to Drive New Business Lines at LOC Singapore
Rutger Bierman, Managing Director at London Offshore Consultants (LOC) Singapore, has confirmed that Don Ross, who previously established and headed LOC Thailand, is stepping up to assume responsibility for the Group’s Fixed Object Damage and Port Development business lines in Singapore, including surveys and audits. "Don’s 40 years in engineering and construction on international, multi-disciplinarymarine projects, driving improvements in technical, safety and quality,make him uniquely qualified for the role,”Captain Bierman confirmed.
Thailand $1 bln Submarine Deal with China
Thailand’s navy has approved a 36 billion baht ($1.1 billion) plan to buy three submarines from China, reports local media. Royal Thai navy officials selected China over competing bids from Russia, Sweden, France, Germany and South Korea. Leading members of the ruling military junta and the Royal Thai Navy have insisted that a plan to buy three submarines from China is necessary to augment Thailand’s national defense capabilities. Although Thailand’s navy has maintained a submarine division, it has lacked a single vessel for the last 63 years.
China Denies Kra Canal Deal
China has denied it is involved in work on the Kra canal, defusing hype over a project that purportedly lets ships bypass the Strait of Malacca and Singapore's port, reports Strait Times. There are no plans by the Chinese government to participate, Foreign Ministry spokesman Hong Lei told a regular press briefing. Earlier, Chinese embassy in Thailand, which said that China has not taken part in any study or co-operation on the matter. This comes after Chinese media recently reported…
Chevron Hires Norce Endeavour for Thailand Ops
Solstad Offshore ASA (SOFF) has fixed the 2011-built 18,000 dwt crane barge Norce Endeavour to Chevron for work in Thailand next year for around 200 days. Solstad has received confirmation from Chevron in Thailand for the 2016 Offshore Installation Campaign utilizing its Derrick Lay Barge (DLB) Norce Endeavour. Norce Endeavour, which can accommodate 256 people, will install multiple new wellhead platforms and subsea pipelines for Chevron in the Gulf of Thailand. DLB “Norce Endeavour”…
Mermaid Wins Subsea Contract in Gulf of Thailand
Mermaid has secured a 2-year contract for its dive support vessel, ‘Mermaid Commander’, to provide subsea construction support in the Gulf of Thailand for a repeat international fabrication and installation contractor whose end customer is a major international upstream oil and gas operator. The contract has an estimated value of USD 50 million. The 2-year contract will be for subsea construction and will be performed using saturation diving and will include the installation of numerous spool pieces, risers, wyes, tees, etc.
Salamander Energy Updates on SONA Transaction
Salamander Energy said it has submitted a draft shareholder circular to the Financial Conduct Authority in relation to previously stated plans to divest of an interest in the Greater Bualuang Area. Salamander had announced on July 21 the signing of an agreement under which Sona Petroleum Berhard (SONA) would acquire an effective 40% working interest in the B8/38 concession (containing the Bualuang oil field) and the surrounding G4/50 concession, both located in the Gulf of Thailand (together the Transaction).
S.P. Inter Marine Expands Cargo Handling
Long established in the trucking, warehousing, cargo transfer and barging industry of Thailand, S.P. Inter Marine can be described as a broadly horizontally integrated firm. With a well constructed presence at Ayutthaya, about 80 kmup the Chao Phrya River from the Gulf of Thailand; it continues to expand its warehousing capacities for Thai agricultural cargos like tapioca. Its barge loading facility can handle a wide range of products from domestic aggregate to export agriculture products.
BOS Completes Short Notice Call Out Contract
Bibby Offshore Singapore (BOS) said it has successfully completed a call out contract with PTT Exploration & Production Co Ltd (PTTEP). The project involved a short notice mobilization, and saw the BOS-operated DP2 ROV Support Vessel, the Bibby Spring perform subsea inspection services to PTTEP’s Bongkot Field assets in the Gulf of Thailand. The work was successfully completed within PTTEP’s restricted timeframe. Darren Morgan, Managing Director of Bibby Offshore Singapore,said, “The team work tirelessly to ensure we deliver on time and within budget.
Kerry Announces U.S. Assistance for Maritime Capacity in SE Asia
On December 16, Secretary of State John Kerry announced an initial commitment of $32.5 million in new regional and bilateral assistance to advance maritime capacity building in Southeast Asia. Including this new funding, our planned region-wide funding support for maritime capacity building exceeds $156 million for the next two years. As an example of our commitment to strengthen maritime capacities in Southeast Asia, the United States intends to provide up to $18 million in new assistance to Vietnam to enhance the capacity of coastal patrol units to deploy rapidly for search and rescue…
Deepwater Jack-up Rig Contract for PPL Shipyard, Singapore
Sembcorp Marine's PPL Shipyard secures US$220.5-million contract to construct a jack-up rig for Bot Lease Co. BOT Lease Co., Ltd. is a leasing company of The Bank of Tokyo-Mitsubishi UFJ which is under the umbrella of Mitsubishi UFJ Financial Group. The contract price is US$220.5 million (excluding cost of BOTL’s project management team and pre-operations cost). Scheduled for delivery at end January 2015, the new rig will be built based on PPL Shipyard’s established proprietary Pacific Class 400 design.
Gulf of Thailand Oil Smugglers Caught
Police in Prachuap Khiri Khan arrest 4 crew of a fishing boat modified to carry 100,000 ltrs of untaxed diesel oil. The men confessed that the oil was provided by the vessel's owner, who ordered them to sell it while at sea, which they had been doing in that area of the Gulf of Thailand for about two months, reports the Bangkok Post. A team led by Nimit Saengampai, director of the Investigation and Suppression Bureau of the Customs Department, tracked down the vessel and arrested the captain, Panat Chaengsawang, and three crewmen near Koh Rad.
ITF Asia-Pacific Ship Swoop Uncovers 'Ghost Ship'
ITF carried out 67 ship inspections in one week in Thailand, Singapore, Indonesia & Philippines. Uncover a 'ghost ship'. The inspections led notices of warning being issued to errant companies and concerning unpaid wage claims. Described by ITF as a 'ghost ship', conditions aboard the Chinese owned, Togo flagged, Ocean Dream were particularly shocking. Official port records at Laem Chabang, Thailand showed the vessel had left on 19 October 2012 but it remains illegally in Thai…
Subsea Contracts Galore for Ezra
Ezra Holdings announces multiple contracts, worth + US$160-million, for its subsea, offshore & energy services divisions. Ezra divisions, EMAS AMC, EMAS Marine and EMAS Energy have been awarded multiple contracts for projects in the North Sea and Asia Pacific. The average tenor for all contracts is approximately 2.6 years including options. EMAS AMC has been awarded several new contracts and options worth up to US$85 million in aggregate for several projects in the North Sea and Asia. This includes a project with an oil major in the Asia Pacific region worth up to US$45-million.
Gulf of Thailand PSV Charter Fixed
Miclyn Express Offshore's Thai J/V has taken delivery of the PSV 'UM Supporter' from Poet Shipbuilding & Engineering. The vessel immediately entered into a 3 year firm contract, plus two 1 year extension options, to provide coil tubing support services to a major oil and gas company’s activities in the Gulf of Thailand. This new contract is a continuation of a long standing relationship with between the two companies in this region. The fully SPS 2008-compliant vessel has total accommodation for 50 people and 500m2 of clear deck area space.
Coastal Energy Charters Atwood Manta Rig
Coastal Energy Company contracts 'Manta' jackup drilling rig from an Atwood Oceanics subsidiary for operations in the Gulf of Thailand & offshore Malaysia. In accordance with the contract, US-based Coastal will pay a $145,000 day rate throughout the 12 month firm duration. The Company anticipates delivery of the Manta by late November. "We are pleased to announce the signing of this contract with Atwood and are eager to commence drilling with the Manta later this year. The addition of a second drilling rig is an important milestone for Coastal…
Thai Navy Looking to Buy Two Warships
The Thai governmen approves the purchase of two medium-sized frigates with a budget of US$1-billion. The ships are needed to beef up the capability of the Thai maritime force in patrolling the country's territorial waters in the Gulf of Thailand and Andaman Sea. The US$1-billion dollar fund, approved by Thailand's Yingluck Cabinet for the procurement of the frigates, is to be spent for a 10-year period, beginning from current fiscal year. The navy is reportedly looking for boats with an approximate 4…
Thai Cruises Set Up by New Chinese Venture
Hong Kong-based Profit Summit Deluxe Cruise partner with Thailand's Eastime Shipping for China – Thai cruises. China’s rapidly increasing involvement in cruise shipping investment has been underlined by a recently completed first cruise voyage in the Gulf of Thailand, the first since Star Cruises pulled out of the market in 2002. The first cruise aboard the 1,000 passenger 'Ocean Dream' was from Laem Chabang to Samui Island and on to Sihanoukville in Cambodia for a four day, three night trip.
EMAS Wins Chevron Contract
EMAS' Offshore Construction division, EMAS AMC, was awarded a contract by Chevron Thailand Exploration and Production Ltd, Chevron Offshore (Thailand) Ltd and Chevron Pattani Ltd. This award will see EMAS AMC installing a number of wellhead platforms and associated pipelines in the Gulf of Thailand. This project is expected to commence in early 2012 for a three year firm period (2012 – 2014) with an option period for an additional two years (2015 – 2016), which in aggregate is estimated to increase the orderbook for EMAS AMC to over $600m.