Adani to Develop Container Port in Myanmar
India’s largest private multi-port operator Adani Ports and Special Economic Zone (APSEZ) will set up its first container terminal outside India in Myanmar at an estimated cost of US$ 290 million.Adani Group said that all requisite permissions have been received in the form of Myanmar Investment Commission permit, to build and run a container terminal along the Yangon river for 50-years.APSEZ would be the first Indian company to set up a container terminal outside India, CEO Karan Adani said.Construction for phase one of the project will commence next month and will be completed by June 2021.
Seoul Connects Maritime Capacity-building Activities with IMO
The first regional donor/recipient workshop on maritime Technical Cooperation activities held in Seoul, the Republic of Korea (26-30 November). The workshop built on the long-term resource mobilization strategy for International Maritime Organization (IMO)'s Technical Cooperation activities, approved at the sixty-eighth session of the IMO Technical Cooperation Committee (TCC).According to a release from IMO, this strategy identified a more proactive and methodical approach with regard to generating new resources by encouraging the development of partnerships with Member States…
Singapore Hosts ASEAN Ports Association Meeting
The Maritime and Port Authority of Singapore (MPA) has hosted the 44th ASEAN Ports Association (APA) Meeting on 27 and 28 November 2018. The annual meeting was officially opened by the Chairman of MPA, Niam Chiang Meng, at the Conrad Centennial Hotel.About 100 key port executives and decision-makers from the nine member nations of the APA attended the event, which serves as a platform for ASEAN ports to cooperate in areas such as port development, operations and management.The nine member nations of the APA are Brunei Darussalam…
China to Develop Multi Billion Dollar Deep Sea Port In Myanmar
China and Myanmar are moving ahead with a China-backed deep-sea port project in Kyauk Phyu Special Economic Zone (SEZ) , 250 miles northwest of Yangon.The framework agreement was signed by Myanmar's Deputy Minister of Planning and Finance and Chairperson of the Management Committee of the Kyaukphyu SEZ U Set Aung and President of CITIC Group Chang Zhenming, stated Chinese state media.This is the third port in India’s vicinity. China is also developing deepwater strategic Gwadar port in Pakistan in the Arabian Sea which faces the Mumbai coast.
Da Nang Upgrades Tien Sa Port
Da Nang Port Joint Stock Company (DNPJSC) has started the second stage of Tien Sa port after two years of construction, bringing its total capacity to 12 million tonnes of cargo per year.The national radio broadcaster Voice of Vietnam quoted General Director of DNPJSC Nguyen Huu Sia saying that the second stage at Tien Sa Port had cost more than 1 trillion VND (44.2 million USD), of which 36 percent was funded by the company.Tien Sa Port is expected to be able to handle 70,000 DWT vessels and 10 million tonnes of cargo a year.The expansion project will cover an area of 60…
Marine Environment Protection for Southeast Asia Seas Project Launched
Seven ASEAN countries have formally launched an ambitious initiative aimed at improving the environmental health of the seas in the region, through the implementation of key International Maritime Organization (IMO) marine environment protection treaties. Senior decisions makers of maritime administrations of the beneficiary ASEAN countries (Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam) met for their first high-level regional meeting in Bali, Indonesia (25-27 June), to kick-start the “Marine Environment Protection for Southeast Asia Seas (MEPSEAS) Project”.
Tanker Market Grappling with More Uncertainty
Tanker shipping: Added uncertainty is not helpful to the struggling tankersDemandJust when you thought it could not get any worse for the tanker shipping industry, the U.S. is reimposing sanctions on Iran coming into force after a six months wind-down period ending on November 4, 2018. The immediate effects are less tangible but sure to add more uncertainty to the whole shipping industry that has plenty of uncertainty to deal with already.At the same time, freight rates for both crude oil tankers and oil product tankers are mostly in loss making territory.
Germany and Greece: Worst Vessel Dumpers
As in 2016, Germany and Greece top the list of country dumpers in 2017, according to new data released today by the NGO Shipbreaking Platform. German owners, including banks and ship funds, beached 50 vessels out of a total of 53 sold for demolition. Greek owners were responsible for the highest absolute number of ships sold to South Asian shipbreaking yards in 2017: 51 ships in total. Since the Platform’s first compilation of data in 2009, Greek shipping companies have unceasingly topped the list of owners that opt for dirty and dangerous shipbreaking.
Intermodal Terminal to Come Up in Uttar Pradesh
Inland Waterways Authority of India (IWAI) will construct Intermodal Terminal at Uttar Pradesh's Ghazipur and will be linked to both National Waterways-I (NW-1) or river Ganga and National Highway-19 - connecting Ghazipur to Patna - and help in movement of cargo, with options for both land and water transportation. Union Minister for Shipping Nitin Gadkari, will lay the foundation stone for an Intermodal Terminal at Ghazipur in Uttar Pradesh today (25 January). The intermodal terminal at Ghazipur will have linkage to both NW-I or River Ganga and NH-19 which is just 650 metres away.
G2 Ocean Names Wallem
Wallem Ship Agency has been appointed by G2 Ocean to provide Ship Agency services to all their vessels calling in ports in SE Asia. The agreement has been made with Wallem Ship Agency in Singapore, Malaysia, Thailand, Philippines, Vietnam, and Myanmar. This news comes after Wallem was appointed by G2 Ocean back in July of 2017 for calls to China, totaling an estimated number of 700 calls per year. Managing Director of Wallem Ship Agency Dickson Chin says, “We are delighted to extend our relationship with G2 Ocean to handle their vessels calling throughout Southeast Asia.
ReCAAP, India Coast Guard Conduct Workshop
The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) Information Sharing Centre and the Indian Coast Guard have commenced the 2017 Capacity Building Workshop in New Delhi, India. Themed “Striding Over Domestic Challenges,” this year’s workshop draws ReCAAP Focal Points from maritime enforcement and government agencies across Australia, Bangladesh, Brunei, Cambodia, China, Japan, Korea, Laos, Myanmar, the Netherlands, Norway, the Philippines, Singapore, Sri Lanka, Thailand, and the United States.
Spot LNG Shiping Fleet's Operating Loss US$230m in 2017
The pressure on LNG shipping spot rates will continue for another year on account of strong fleet growth. However, rates should strengthen from 2019 as fleet growth slows and trade remains strong, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry. Spot rates (East of Suez) for modern LNG vessels averaged $33,000pd in the nine months to September 2017, an increase of 5% compared with the same period last year. While current spot rates are enough to cover operating costs of around $15…
China to Take 70% Stake Myanmar Port
China has agreed take a 70 percent stake in a strategically important sea port in Myanmar, at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the country, a senior government official said. Oo Maung, vice chairman of a government-led committee overseeing the project, said Myanmar had pushed for a bigger slice of the roughly $7.2 billion deep sea port, in western Rakhine state, in negotiations with a consortium led by China's CITIC Group. Agreement was reached in September, he said.
MPA, ReCAAP Join in Combating Piracy
The Ministry of Foreign Affairs of Japan (MOFA Japan) and the Maritime and Port Authority of Singapore (MPA), in cooperation with the ReCAAP Information Sharing Centre (ReCAAP ISC), jointly launched the inaugural Capacity Building Executive Programme on combating piracy and armed robbery against ships in Asia in Singapore. The Capacity Building Executive Programme—targeted at senior-level personnel with 10 to 15 years of experience and above in maritime enforcement—will see ReCAAP Contracting Parties from ASEAN (Cambodia…
IRClass, Indian Navy Deepen Relationship
Indian Register of Shipping (IRClass) strengthened its growing relationship with the defence sector by actively participating in the Maritime Exhibition (MAREX) during the high profile International Fleet Review 2016, organised by the Indian Navy at Visakhapatnam. MAREX focussed on the ‘Make in India’ initiative by showcasing indigenous maritime capabilities. The IRClass stall, which was located adjacent to the stalls of Defence Public Sector Shipyards, was visited by the Prime Minister of India…
Indian naval ship INS Darshak to Take up Hydrographic Survey for Sri Lanka
INS Darshak, a Hydrographic Survey ship of Eastern Naval Command (ENC), India departed on a two-month long deployment for undertaking two Joint Hydrographic surveys along with the Sri Lankan Navy on 03 March 2017. The pioneer surveys will be conducted with Sri Lankan Naval personnel embarked on board INS Darshak. During the course of survey training of Sri Lankan personnel will also be undertaken on advanced hydrographic practices. The ship will visit Colombo and Galle harbours and undertake several joint exercises with Sri Lankan Navy.
SCI’s Worldwide Agents’ Meet 2016
The Shipping Corporation of India’s (SCI) Worldwide Agents' Meet 2016 held on March 2nd, 2016 drew 88 agents from across the world to participate in the Meet. There were representatives from Far East, Indian Subcontinent, Persian Gulf, Western Europe, Mediterranean, Black Sea, East and South Africa, Red Sea, Myanmar, USA, etc. The Chairman & Managing Director (CMD) Capt. B.B. Sinha, CMD, SCI, while delivering the keynote address welcomed the Agents who had gathered from around the world. He gave a brief about the Global shipping scenario.
Sri Lankan Minister Visits Goa Shipyard
Sri Lanka's Minister of State for Defence Ruwan Wijewardene visited the Goa Shipyard Limited (GSL) at the Vasco town, located around 40 kms from Panaji in India and inspected Sri Lankan ships under construction, the Press Trust of India reported. He inspected the progress of the two Advanced Offshore Patrol Vessels (AOPV) being built for Sri Lanka Navy at Goa Shipyards. Wijewardene held discussion with GSL Chairman and Managing Rear Admiral Shekhar Mital along with the shipyard officials on the progress of the ship building process.
Explosion Aboard Tanker Kills One
An explosion aboard a Korean-registered vessel Heung-A Pioneer killed one person and injured five others during its voyage down the the Tanjung Dawai coast, Malacca Strait, Malaysia near Kedah waters last night. The explosion was preceded by a fire, which broke out in the middle of the ship’s deck. The deceased has been identified as Myanmar national Tha Tun while the victims are aged between 28 and 58. Penang Port received the ship’s mayday call and informed the relevant authorities, including the fire and rescue department and the police station, of the incident.
India to Take Part in Maritime Drill in South China Sea
India will join US and Japan conduct joint naval exercises in the northern waters of the Philippine Sea, an area close to the East and South China Seas where Beijing is locked in an increasingly tense standoff with other countries. The multinational maritime exercise in the strategically important South China Sea, which will also have the Japan, Russia, Australia and China along with other countries as participants. IANS quoted an official statement said it is part of the Indian Navy’s endeavour to "enhance maritime security in the Indo-Pacific".
Emas Reels in $32m Contract
Singapore-listed offshore firm EMAS Offshore Limited wins $32m of new business has secured new awards and letter of intents for charters amounting to approximately US$32 million, including options. These new charters will see EMAS Offshore’s Anchor Handling Tug (AHT), Anchor Handling Tug and Supply (AHTS) and Platform Supply (PSV) vessels supporting National Oil companies (NOCs), International Oil companies (IOCs) and other offshore contractors on drilling operations and cargo supply runs for offshore oil field projects in their production phases.
CEVA Opens Office in Myanmar
As part of its strategic expansion in the Mekong markets, upply chain management company CEVA Logistics has opened its office in Myanmar's capital, Yangon. For the last five years, CEVA has been operational in the country through a network partner, providing freight management services to a number of multinational and local customers. Effective June 2017, the company now has its own office, offering the full spectrum of air and ocean freight services with access to the CEVA network using One Freight System (OFS) – CEVA’s glvobal system which manages all freight movements worldwide.
Indonesia to Sink 30 Illegal Fishing Boats
Indonesian Maritime Affairs and Fisheries Minister Susi Pudjiastuti has said Jakarta was ready to sink 30 foreign-flagged vessels caught fishing illegally in Indonesian waters, following a schedule being arranged by the authorities, says the Straits Times. "Indonesia will not compromise with, and will be very tough in taking action against and in arresting foreign vessels caught fishing illegally in Indonesian waters. The violation committed by the 30 vessels is illegal fishing," she said.
Myanmar Scrambles to Clear Port Jam
The weeks-long traffic jam of cargo ships at the Myanmar’sbiggest port threatens to scare potential investors away and choke off nascent economic growth, says a report in Reuters. The bottleneck at the dilapidated port was caused by a spike in demand for goods as the opening up of the economy accelerates following a historic election win by Aung San Suu Kyi’s National League for Democracy (NLD) in November. “Because of the general growth of the economy we are packed. The ships have nowhere to go…
Myanmar accedes to CLC Protocol
Myanmar has deposited its instrument of accession to the 1992 Protocol to the International Convention on Civil Liability for Oil Pollution Damage (CLC). The efforts to bring the legislation into national law followed the participation of Myanmar at a five-day workshop hosted by International Maritime Organization (IMO) in November 2015, during which Government officials from Myanmar gained insight into IMO treaties on liability and compensation and the benefits, rights and obligations of Parties to these conventions.
UN Security Council Imposes New Sanctions on North Korea
The United Nations Security Council imposed new sanctions on North Korea on Wednesday that aim to cut the Asian country's annual export revenue by more than a quarter in response to Pyongyang's fifth and largest nuclear test in September. The 15-member council unanimously adopted a resolution to slash North Korea's biggest export, coal, by about 60 percent with an annual sales cap of $400.9 million or 7.5 million metric tonnes, whichever is lower. The resolution also bans copper, nickel, silver and zinc exports and the sale of statues by Pyongyang. North Korea has been under U.N.