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Saturday, August 8, 2020

Southeast Asia News

Dennis de Bruin (Photo: BMT)

BMT Names de Bruin Managing Director for Europe

BMT announced Dennis de Bruin has been appointed Managing Director for BMT’s Commercial Shipping Europe business, with immediate effect.A BMT employee since 2004, de Bruin has more than 20 years of experience in the maritime industry. He has served for the last seven years as Marine Director for BMT's nautical and cargo department of the Rotterdam office.He will succeed Jeroen de Haas as Managing Director of our European offices in the Netherlands, Belgium and Switzerland, who has been at the helm of Commercial Shipping Europe since 2001…

Fraserborg loading wheat bound for Italy at the Riverland Ag Corp. terminal in Duluth, Minnesota, on June 15, 2020. (Photo: Duluth Seaway Port Authority)

US Great Lakes Ports See Mixed Impacts from COVID-19

U.S. Great Lakes ports reported mixed results in June with aluminum, road salt and grain shipments holding strong despite the coronavirus pandemic, while shipments of commodities related to steel production and manufacturing have continued to slide.Additionally, the St. Lawrence Seaway reported that from April 1 to June 30, nearly 11.7 million metric tons of cargo was shipped via the bi-national trade corridor. While these volumes were down 8% compared to the same time period in 2019, cargo shipments improved in June narrowing the year-over-year decline.Craig H.

(Photo: DP World)

DP World Completes Integration of Unifeeder and Feedertech

DP World announce Tuesday it has finished integrating its recent acquisitions Unifeeder and Feedertech, creating a feedering and shortsea network serving hundreds of ports across the globe.Unifeeder, which recently acquired Feedertech, operates feeder and shortsea services around northern Europe and throughout the Mediterranean and Northern Africa regions. Feedertech provides similar services connecting ports in Southeast Asia, the Indian subcontinent and the Middle East. The…

© Alex Ruhl / Adobe Stock

Parched Parana River Likely to Hit Argentine Grain Exports through September

Shallow water in Argentina's Parana River will slow exports and hurt the country's soy crushing margins at least through September, officials said, as more cargo ships are needed to carry the same amount of commodities.Drought has pushed the Parana to its lowest level in decades, complicating transportation and soymeal production.An increasing number of ships are running aground and higher costs are pressuring margins at the giant soy crushing plants that make Argentina the world's top exporter of livestock feed…

© Alex Ruhl / Adobe Stock

Collapsed Riverbank Disrupts Argentina's Exports

Ships transporting cargo from Argentina's Rosario grain hub through the Parana River are having to reduce their cargoes after a bank collapse obstructed the navigation channel, exporters told Reuters.Dredgers are working in the Parana to the south of the Rosario complex to try to restore the necessary depth of water for export traffic, but at present have no estimate of when normal operations on the grains superhighway can resume."Ships cannot leave because they do not have the adequate safety margin…

(Photo: APM Terminals)

Port Improvements Continue in Mobile

The Alabama Port Authority completed its 400-foot container dock extension at the APM Terminals Mobile facility on March 20, and three days later, the terminal for the first time simultaneously handled two containerships at the newly expanded berth.Part of Alabama’s seaport modernization program to accommodate larger vessels, the berth extension enables two x 8,000-10,000 TEU be handled simultaneously. The quay extension was part of a $50 million Phase 3 expansion that increased…

© Leo Lintang / Adobe Stock

Indonesia Posts Biggest Trade Surplus Since 2011

Indonesia posted a larger-than-expected trade surplus in February with exports surging and imports contracting amid disruptions in global supply chains due to the coronavirus outbreak, data from the statistics bureau showed.Southeast Asia's largest economy had a $2.34 billion surplus in February, compared with the $90 million surplus expected in a Reuters poll.The surplus was the first in four months and the biggest since September 2011, according to data from Refinitiv. There was a deficit of around $870 million in January.Exports surged 11% from a year earlier to $13.94 billion…

imon R. James (Photo: James Fisher Marine Services)

James Fisher Appoints Subsea Ops Director

James Fisher Marine Services appointed Simon R. James as its new Subsea Operations Director effective February 2020.James joins with more than 25 years’ of experience in the marine, offshore and subsea service sectors, having held director-level roles at DeepOcean, Fugro and Iremis.In his career to date, Simon has worked with large and prestigious companies, both in the UK and abroad. Most recently, he held the position of Director of Operations at EM&I Group where he improved effectiveness and drove efficiency across operations in the Americas, Africa, Canada and Southeast Asia.

© Jub / Adobe Stock

Coronavirus Slows China's Belt and Road Push

When President Xi Jinping made his first state visit this year to Myanmar and signed new infrastructure contracts, there was no indication of the obstacle about to trip up China's plan for railways, ports and highways around the world: the coronavirus.Travel restrictions to prevent the spread of the disease, which has now killed more than 1,800 people, have idled much of the world's second-largest economy and choked key elements of Xi's signature Belt and Road Initiative (BRI).Chinese workers cannot get to overseas projects…

Image: Pacific International Lines

PIL Exits Transpacific Market

Singapore shipping company Pacific International Lines (PIL) has announced that it is quitting the Transpacific market as part of an optimization strategy. The shipping line has been participating in a half-dozen trans-Pacific services, mostly in slot-charter arrangements.PIL’s last Transpacific sailing will be in March 2020.The company said it has taken the decision as part of a wider strategic review of its business. Henceforth, PIL will focus on further strengthening its position in the North-South Trade such as Africa…

© Brad Nixon / Adobe Stock

Port of LA Exec Says US Tariff Tiffs Could Be 'New Normal'

The executive overseeing the busiest U.S. gateway for ocean trade with China on Thursday said the "weaponization of tariffs" to advance U.S. policy interests may now be the "new normal."The comments from Port of Los Angeles Executive Director Gene Seroka came just a day after U.S. President Donald Trump and Chinese Vice Premier Liu signed a Phase 1 agreement to defuse their 18-month-long trade war.The partial pact will cut some U.S. tariffs on Chinese goods in exchange for Chinese pledges to purchase more American farm…

Ethan Edson of Ocean Diagnostics demonstrates some of his microplastic sensors. Credit: Ocean Diagnostics.

SMTP Helps to Power Future Ocean Tech

On an unseasonably warm October day in San Francisco, hundreds gather in the Dogpatch district to hear about the latest innovations in ocean conservation and science. Bubble barriers to trap plastic in river mouths and portable DNA scanners preventing illegal wildlife trafficking are just a few of the ground-breaking tools and technologies that are transitioning from dream to reality. And the unifying factor amongst these groups is support from Schmidt Marine Technology Partners (SMTP).SMTP is a relatively new program of the Schmidt Family Foundation…

Pic: ChartCo

ChartCo Opens New Office in Greece

ChartCo, the global provider of digital navigation and compliance solutions, has expanded its global network of offices to Piraeus, Greece to help provide dedicated support for customers in this region for the shipping industries.The global leader in digital navigation services is currently supplying and supporting customers in commercial shipping, offshore, cruising and superyachts all around the world and has a prominent presence of offices in the UK, Europe and Southeast Asia.Over the past decade…

Image: T.S. Lines

TS Lines Adds Pan Asia Service Loop

Taiwanese ocean carrier TS Lines (TSL)  has announced the launch of the Pan Asia 1(PA1) Service that provides weekly connectively between China and Southeast Asia.The PA1 service offers one of the most comprehensive Northern China market coverage comprising seven China main ports as well as Hong Kong, Singapore and Malaysia, said a press release.The PA1 service commenced sailing from Shanghai on 30th , August with the following port rotation: Shanghai -Dalian – Xingang – Qingdao…

Image: Yang Ming

Yang Ming to Launch New ITS Service

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that encouraged by the steady economic growth and foreign trade in between Indonesia, Singapore, Malaysia and Thailand, it  continues to enhance its Southeast Asia deployment with the new ITS service (Indonesia - Singapore/Malaysia - Thailand Service).The ITS service is set to be launched on November 12th, 2019, Yang Ming said.A total of three container ships with loadable capacity of 1,180 TEU each will be deployed for ITS service, of which one is contributed by Yang Ming.

Photo: ADNOC

BP, Total Pact for Adnoc LNG Supply

The state oil giant Abu Dhabi National Oil Company (ADNOC) signed agreements with BP and Total to book the majority of its liquefied natural gas (LNG) production up to the first quarter of 2022.With the transactions, ADNOC LNG has continued to expand its footprint into new regions and markets, said a press release.“With these new supply agreements, ADNOC LNG has shown that it can react quickly and decisively to changing market conditions while ensuring the security and quality of delivery,’’ said ADNOC LNG CEO, Fatema Al Nuaimi.

© Igor Groshev / Adobe Stock

Malaysia Bans Open-loop Ship Scrubbers

Malaysia has prohibited the use of open-loop scrubbers by ships plying Malaysian waters, as Southeast Asia's third-largest economy joins the growing number of nations adopting new industry guidelines on reducing sea pollution.New regulations from the International Maritime Organisation (IMO) will require shippers to adopt more environmentally-friendly measures to manage their fleets, including reducing the sulphur content in fuels used in their vessels from Jan. 1 2020.In a notice issued to the shipping industry…

AdobeStock / © Renaschild

Singapore Jails Tanker Captain in Shell Theft Case

The captain of a Vietnamese oil tanker has been jailed for over five years in Singapore for his role in a scheme that saw around $150 million of oil stolen from Shell's biggest refinery over several years.Doan Xuan Than, 47, was sentenced to 66 months in prison on Thursday, a spokesman for the State Courts of Singapore said, becoming the second person jailed in a case that also involves former employees of Royal Dutch Shell who allegedly conspired to siphon oil from the firm's Singapore refinery.The theft…

(Photo: Dachser)

Can the New Silk Road Compete with the Maritime Silk Road?

China’s president Xi Jinping refers the Belt and Road Initiative, aka the New Silk Road, as the “Project of the Century” and according to a recent Bloomberg article, Morgan Stanley anticipates Chinese investments will total $1.3 trillion by 2027. In addition, more than 150 countries and international organizations have committed to invest in the project as well with infrastructure enhancements, such as roadways and power plants. But will this New Silk Road ever really compete with the firmly established Maritime Silk Road?Bernhard Simon…

File Photo: MOL

MOL Secures Green Loan for LNGBV

Japanese shipping giant Mitsui O.S.K. Lines has signed its first green loan, which it plans to use to partially finance the construction of the world's largest liquefied natural gas bunkering vessel (LNGBV).The 18,600 cubic meters (cbm) LNGBV for Total will be owned and operated by MOL. Last year, Total and MOLsigned a long-term charter contract for a pioneer LNG bunker vessel.The loan is provided by BNP Paribas (BNPP) and the Export-Import Bank of China (CEXIM), with both banks acting as Mandated Lead Arrangers and BNPP acting as Sole Green Structuring Advisor.

Boskalis Hopper at work. Photo: Royal Boskalis Westminster N.V.

Boskalis Bags Pasay Reclamation Project

Dutch dredging and heavylift company Royal Boskalis Westminster N.V. (Boskalis) has received the Provisional Letter of Acceptance for the Design and Construction contract for the Pasay Reclamation Development Project in Manila Bay, Philippines in cooperation with CHEC from China.The award was made by the publicly listed company SM Prime Holdings Inc. (SMPHI), one of the largest property developers in Southeast Asia. The development will create a new commercial and residential area in a densely populated part of Manila.

Konecranes Acquires MHE-Demag

Konecranes said on Thursday it has completed the acquisition of Jebsen & Jessen’s 50% stake in MHE-Demag, as announced on December 5, 2019.The combined operations of Konecranes and MHE-Demag start on January 2, 2020.With the acquisition, Konecranes increases its presence and market coverage in strategically important and fast-growing Southeast Asia, the Finnish company said. In addition, the acquisition allows Konecranes to target total annual synergies of approximately EUR 10 million at the EBITA level by 2022, it added.

Image: Mainstream Renewable Power

Eni, Mainstream Eye UK Offshore Wind

Italian oil and gas giant to collaborate with global wind and solar developer Mainstream Renewable Power (MRP) for an offshore wind campaign that will begin in the UK.The Eni partnership will focus on clean energy projects in the UK, as well as Africa and Southeast Asia. The agreement will see Italian firm Eni and MRP collaborate to develop “large-scale renewable assets” in “high-growth markets”.Luca Cosentino, Executive Vice President of Energy Solutions department in Eni said…

Photo: NYK

NYK Celebrates O3 Challenge

The “Ocean of Opportunities Challenge”  (O3 Challenge), a worldwide contest aimed at creating new value through open innovation in the maritime industry, has been successfully celebrated by NYK Group.This was the second consecutive year for the challenge, which is planned and conducted by NYK Group companies Symphony Creative Solutions Pte. Ltd. (SCS) and Ocean Network Express Pte. Ltd. (ONE), together with NUS Enterprise.The contest began in February with ONE issuing six challenges related to its work processes.

A CMA CGM boxship underway in a file image (CREDIT: CMA CGM)

2Q Red Ink for CMA CGM Again

CMA CGM, the world's fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but said its business volumes remained strong thanks to growth in the U.S. economy.The French-based group said on Friday that it expected a better second half of the year, supported by previously announced plans to reduce costs and reorganise its shipping services.CMA CGM said it made a second-quarter net loss of $109 million…

A five-member team from NUS Engineering, Keppel Data Centres and SLNG will jointly develop a prototype to demonstrate the novel, energy-efficient and cost-effective cooling technology for data centres. Photo:  National University of Singapore

Singapore: LNG Terminal to Develop Data Center

The National University of Singapore's Faculty of Engineering (NUS), Singapore LNG Corporation (SLNG) and Keppel Data Centers Holdings join forces to develop new energy-efficient cooling technology for data centers.This innovation could further pave the way for more sustainable and compact data centers, said Singaporean conglomerate Keppel Corporation.With the rapid expansion of cloud-based services, AI, the Internet of Things and big data analytics, there has been an exponential demand across the globe for data centers in recent years.