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Monday, July 15, 2019

Philippines News

Pic: MOL

MOL Sets Terms of Green Bonds

Japanese shipping major Mitsui OSK Lines (MOL), the first company in Japan to issue sustainability bonds aimed at individual investors, has revealed interest and investor details of its new JPY 20bn ($185.7 million) “sustainability bonds” to fund its latest green initiatives.The funds raised will be used for several purposes, including establishing a maritime academy in the Philippines and installation of environmentally friendly equipment or scrubbers on board its vessels. The new bonds will be offered to both institutional and individual investors.

Captain Andrew Kinsey, Senior Risk Marine Consultant with Allianz Risk Consultant (ARC)

Shipping Losses Lowest This Century as New Dangers Emerge

The Allianz Global Corporate & Specialty AGCS) Safety & Shipping Review 2019 provides a unique and in-depth look at the emerging risks facing international shipping stakeholders.Large shipping losses are now at their lowest level this century having declined by over 50% year-on-year, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2019. The annual study analyzes reported shipping losses over 100 gross tons (GT). AGCS provides global marine and shipping insurance for all types of marine risk…

Image: Oceana

30% of Sea Needs Protection by 2030

To keep the planet flourishing, 30 percent of Earth needs protection by 2030. Today about eight percent of the ocean and 15 percent of land is protected."We’re on track to reach a global goal of protecting 10 percent of the ocean and 17 percent of the land by 2020, but world leaders need to dramatically boost ambition if we are to protect our natural resources and the people and wildlife that depend on them," said Oceana, an ocean conservation and advocacy organization.Oceana has joined the world’s leading philanthropists and ocean conservation organizations…

Manila International Container Terminal, Philippines.  Photo: ICTSI

ICTSI Manila Yard Utilization Falls Again

The global port management company International Container Terminal Services Inc.(ICTSI) said yard utilization at its Manila port dropped 58 percent in June despite a series of holiday periods and low trucking activity.The Manila International Container Terminal (MICT), ICTSI flagship, recorded the drop in utilization rates despite recording its all-time highest throughput over a four-month period.Philippines-headquartered port and terminal operator said that this follows the 70 percent utilization rate recorded in April…

Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS Nitze (DDG 94) prepare to receive cargo for off load during a replenishment-at-sea with the fleet replenishment oiler USNS Big Horn (T-AO 198). Nitze is deployed to the U.S. 5th Fleet areas of operations in support of naval operations to ensure maritime stability and security in the Central Region, connecting the Mediterranean and Pacific through the western Indian Ocean and three strategic choke points.) (U.S. Navy photo b

Delivering parts, fuel, mail over 52 million square miles

In Port and at Sea: NAVSUP Fleet Logistics Center Yokosuka Supports Navy Ships and Crews. Understanding how that happens can benefit commercial stakeholders, as well.As the post-Cold War Navy once again faces near-peer competitors at sea, it must reposition itself and step up sustainment of ships at home and abroad. While admittedly a goal in logistics is to provide material and services in a stable and predictable fashion, so that operations can proceed unimpeded, that goal sometimes runs counter to the unpredictable nature of military operations.

Pic: Hanjin Heavy Industries & Construction – Philippines (HHIC-Phil Inc.)

Hanjin Heavy, EEI Team Up

South Korea’s Hanjin Heavy Industries & Construction Co. Ltd. (HHIC) has partnered with Yuchengco group-led construction firm EEI Corp in Philippines.In a stock exchange announcement, EEI said that it formed a partnership with HHIC for upcoming construction projects. No other details were provided by both companies regarding the deal.The two companies have previously teamed up for local projects such as the Berth 6 Manila International Container Project.According to a report in Inquirer…

Pic: Dream Cruises

Dream Cruises Welcomes Third Ship

Dream Cruises, a luxury cruise line owned by Genting and based in China welcome “Explorer Dream” in Shanghai as the third ship in its Dream Cruises fleet.Dream Cruises held the christening ceremony for the former SuperStar Virgo at Shanghai Wusongkou International Cruise Terminal. Chinese designer Grace Chen served as the godmother and presented a fashion show with 18 models showcasing her 'Voyage' collection, walking a runway on the Palace Pool Deck."Formerly the “SuperStar Virgo” of sister brand Star Cruises…

© Carsten Reisinger / Adobe Stock

Philippines Greenlights LNG Terminal Project

Philippine power producer First Gen Corp said on Friday it has learned that the Department of Energy has approved its application for a Notice to Proceed (NTP) for the construction of its FGEN Batangas LNG Terminal Project.First Gen, which operates four power plants with a combined capacity of 2,000 megawatts running on the Philippines' Malampaya natural gas, said it has yet to received a formal notice from the DOE on the issuance of NTP.First Gen, with Tokyo Gas Co Ltd as its LNG partner, is seeking to ensure availability of imported gas for its power plants ahead of Malampaya's depletion pos

APL Enhances Japan Thailand Vietnam Service

APL has announced that the Japan Thailand Vietnam (JTV) service is extending its port rotation to the Philippines and within South China. The refined service will be calling three additional ports in Manila, Shekou and Nansha as part of its service rotation.The enhanced JTV service is primed to facilitate direct shipments from the load ports in South China to the Philippines, promising a fast 3-day Shekou-Manila transit time. The weekly service will also provide direct access to Laem Chabang in Thailand from Manila.

File Image: a thwarted pirate attack (CREDIT: IMB)

'ReCAAPing' April's Asian Piracy, Sea Robbery SITREP

Appended are highlights of the piracy and sea robbery situation in Asia in April 2019.

Basra Gateway Terminal. Photo: ICTSI

ICTSI Net Income Up 22% in 2018

Manila-head quartered port and terminal operator International Container Terminal Services (ICTSI) has released solid results for 2018. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.The port operator said in a stock exchange annoucement that its consolidated volume higher by six percent to 9,736,621 twenty-foot equivalent units (TEUs) (FY2017: 9,153,458 TEUs) and revenue from port operations increased 11 percent to US$1.4 billion (FY2017…

APL Enhances China Southeast Asia Service

APL added Ho Chi Minh City as a port of call by its China Southeast Asia Service (CSE). This will extend the market coverage of the weekly service which currently connects Central China to the Southeast Asian markets of Thailand and the Philippines. The refined CSE will open up a route from Ho Chi Minh City to Manila with a direct sailing. Primed to be an express service from Central China to Southern Vietnam, the enhanced CSE will offer shippers an alternative ocean freight from Shanghai and Ningbo to Ho Chi Minh City.

File Image: EU NavFor

ReCAAP Asia Piracy, Sea Robbery Report

Piracy and Sea Robbery Situation in Asia in February 2019A total of three incidents of armed robbery against ships were reported in Asia in February 2019There was no report of abduction of crew in the Sulu-Celebes Seas and waters off Eastern SabahThere was no report of hijacking of ships for theft of oil cargoHowever, the abduction of crew for ransom in the Sulu-Celebes Seas and waters off Eastern Sabah remains a serious concernOf the three incidents reported in February 2019, one incident occurred on board ship anchored at Caofeidian anchorage in China, one incident on board ship anchored at

Pic: Norwegian Cruise Line Holdings.

NCL Plans Crew Training facility in Manila

The third-largest cruise line in the world Norwegian Cruise Line (NCL)  announced plans for the development and construction of the Norwegian Cruise Line Center of Excellence, a new shipboard seafarer training facility near Manila in the Philippines.The Center, which will serve both new and existing crew and provide training for various service-related jobs, is due to open in late 2020, said a press release from Norwegian Cruise Line Holdings.Norwegian said the facility will be "designed to provide trainees with realistic work and living experiences aboard a cruise ship…

Arrival of the four hybrid RTGs at MICT’s Berth 5. Photo: International Container Terminal Services, Inc.

MICT Gets Eco-Friendly RTGs

International Container Terminal Services, Inc.'s (ICTSI) flagship Manila International Container Terminal (MICT) has received four of 16 new hybrid rubber-tired gantries (RTG) as part of the Company’s long-term investment in capacity enhancement and environmental efficiency."A first in Philippines and Manufactured by Mitsui Engineering & Shipbuilding Co. Ltd. (MES) of Japan, the Mitsui Li-ion Hybrid RTG is equipped with a 200kVA Li-ion battery and a smaller diesel engine that dramatically improves the carbon footprint of the terminal…

Pic: Phoenix Petroleum

Phoenix Petroleum to Build Philippines First LNG Terminal

Philippines fuel retailing firm Phoenix Petroleum said it won government approval to build the country’s first liquefied natural gas (LNG) import terminal in partnership with China National Offshore Oil Corp (CNOOC).The Department of Energy (DOE) has granted notice to proceed (NTP) to their joint venture firm Tanglawan Philippines LNG Inc. to build an LNG terminal in Batangas.Phoenix Petroleum said in a stock exchange annoucement that it plans to break ground on the facility within the year.

International Container Terminal Services, Inc.

ICTSI Appoints Andrew Dawes as Asia-Pacific Head

Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has appointed Andrew Dawes as Senior Vice President and Regional Head of Asia Pacific, replacing Christian R. Gonzalez, who has been named Global Corporate Head.Dawes will be directly responsible for the management and development of ICTSI’s Asia Pacific portfolio outside of the Philippines.With over 20 years in the port industry, Mr. Dawes has significant experience from senior roles in multinational port management companies in Europe, the Middle East, Africa and the Americas.

Fred Jeeninga, Cluster Managing Director, Continental Europe (Photo: Svitzer)

Svitzer Appoints Jeeninga, McKeating as Cluster Managers

Svitzer, aprovider of harbor and terminal towage to the global shipping industry, has recently appointed Fred Jeeninga as Cluster Managing Director, Continental Europe (Netherlands, Belgium, Georgia) and Maurice McKeating as Cluster Managing Director, UK South.Fred Jeeninga holds nearly 20 years of experience from the marine service industry. His work has taken him to Russia, Germany, Denmark, Brazil, and the Caribbean. He has been with Svitzer since 2009, most recently as Operations…

Photo: NYK-TDG Maritime Academy

NYK-TDG Maritime Academy Graduates Its Class of 2018

On November 16, the NYK-TDG Maritime Academy (NTMA), which is located in the suburbs of Manila and jointly run by NYK and the Transnational Diversified Group (TDG),* proudly graduated the 171 students comprising the academy’s Class of 2018.NYK president Tadaaki Naito and TDG chairman J. Roberto C. Delgado, in addition to invited guests that included Philippines Bureau of Customs Commissioner Rey Leonardo B. Guerrero, participated in the graduation ceremony for the students, all of whom had enrolled in 2014.President Naito encouraged the students in his commencement address by saying…

Group photo of MPA Chairman, APA Chairman with member country representatives. Photo: Maritime and Port Authority of Singapore

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…

Image:  Hanjin Heavy Industries and Construction

Chinese Eye Philippines Hanjin Shipyard

Two Chinese shipbuilding companies have expressed intent to invest in the largest Philippine shipyard, debt-riddled Hanjin Heavy Industries and Construction Philippines, the Department of Trade Industry (DTI) said.Drowning in debt,  the Philippine business of the Hanjin Group of South Korea, has asked the government for help in search of an investor who would take over the business and save the troubled shipbuilder.Philippines Rodrigo Duterte administration has stepped in to help save the troubled investor in Subic.According to local media reports…

Pic: ATI

Philippine's Batangas Port Hits Record Cargo Volume in November

The Batangas International Port or locally known as the Batangas Pier in Philippines said that  Batangas Container Terminal (BCT), managed by listed Asian Terminals Inc.(ATI), has continuously stepped up its role as international trade facilitator in Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon) and has effectively helped decongest Metro Manila roads.Early in November, BCT achieved a new operations milestone as it broke through the 200,000-TEU (twenty-foot equivalent…

Pic: International Maritime Organization (IMO)

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…

Branton B. "Bal" Dreyfus (Photo: Matson)

Matson Names Dreyfus VP, Alaska

Matson has announced that Branton B. "Bal" Dreyfus has been appointed vice president, Alaska, succeeding Kenny Gill, who has resigned from the company.In his new role, Dreyfus has management responsibility for all Matson operations in Alaska, including terminal operations, customer service, sales, and financial performance of the company's terminals in Anchorage, Kodiak, and Dutch Harbor. Dreyfus reports directly to Chairman and CEO Matt Cox.Dreyfus joined Matson in 1993 as General Manager…

V. Group Acquires Global Marine Travel

V.Group  acquired Global Marine Travel (ISS GMT) from Inchcape Shipping Services.The addition of GMT to V.Group’s travel portfolio doubles ticketing volumes, strengthens the management team and will enable the creation of a combined operational hub in the Philippines. At the same time, it bolsters existing travel operations with two additional International Air Transport Association licences. Both businesses will eventually operate under the GMT brand.Last year, V.Group outlined a strategy of focusing on developing its six key services lines…

During the ribbon cutting ceremony marking the formal inauguration of BICT’s multifaceted expansion program. Photo: ICTSI

ICTSI Expands Batumi Container Terminal

Philippines-based port operator International Container Terminal Services, Inc. (ICTSI) has inaugurated the newly-expanded Batumi International Container Terminal (BICT) in Georgia.The expansion encompasses both the waterside and landside areas of the multipurpose terminal, intended to optimize the processing of existing cargo flows and install additional capacity to accommodate new business.Marking the importance of the occasion, the inauguration was attended by Giorgi Kobulia…