News

Chevron Indonesia signs up Technip for huge subsea contract

Chevron Indonesia signs up Technip for huge subsea contract

Jakarta: Chevron Indonesia has awarded a “substantial” subsea contract to Technip for the supply of engineering and equipment to its Bangka Development, located in the Rapak PSC area, approximately 70km offshore from East Kalimantan, Indonesia. The value of the deal has not been disclosed, but Technip says contracts of this kind are usually worth between €100m to...

Indonesia must reduce logistical costs, says new minister

Indonesia must reduce logistical costs, says new ministerJakarta: Reducing Indonesia’s high logistics costs is one of the main goals of the country’s new Transportation Minister, Ignasius Jonan. Jonan aims to bring costs down by increasing the number of vessels and developing interm...

WSS appoints new Ships Agency Manager for Singapore

WSS appoints new Ships Agency Manager for SingaporeSingapore: Wilhelmsen Ships Service (WSS) has appointed Jason Chin as Ships Agency Service Manager, Singapore. Chin has over 15 years’ experience in the maritime and shipping industry, and will lead a team carrying out over 3,70...

NOL’s sale process of APL Logistics underway

NOL’s sale process of APL Logistics underway Singapore: Neptune Orient Lines is looking to raise as much as $1bn from the sale of its supply chain subsidiary, APL Logistics, according to a report from newswire Bloomberg. NOL has sent out sale documents to a number of possible b...

Details emerge from fiery Malaysian collision

Details emerge from fiery Malaysian collisionKuala Lumpur: Investigations continue in to a very high profile and fiery collision between two big boxships at Westports in Port Klang on Tuesday. Initial reports suggest the 8,700 teu San Felipe vessel, managed by Bernhard Schulte,...

Former Sembcorp Marine finance director jailed for accounts fraud

Former Sembcorp Marine finance director jailed for accounts fraudSingapore: Sembcorp Marine’s former group finance director was today sentenced to 39 months in prison for falsifying the accounts of the group’s Jurong Shipyard. Wee Sing Guan used the accounts to cover up some S$300m in tradi...

Investigators chase bulk carrier accused of sinking fishing vessel

Investigators chase bulk carrier accused of sinking fishing vessel Hanoi: Vietnamese authorities are investigating an incident that took place off Danang on October 26 where a Liberian flagged ship is reported to have rammed and sunk a fishing boat and then fled the scene. Crew from the fishing v...

Perdana Neptune sells offshore support vessel

Perdana Neptune sells offshore support vesselKuala Lumpur: Perdana Neptune, a subsidiary of Malaysia-listed Perdana Petroleum, has sold an offshore support vessel (OSV) to Hauston Limited for RM 93.5m ($28.5m). The sale is part of Perdana Neptune’s fleet renewal programme.

Carnarvon Hibiscus signs rig-share for offshore Australia prospect

Carnarvon Hibiscus signs rig-share for offshore Australia prospectKuala Lumpur: Carnarvon Hibiscus has signed a rig-share agreement with Origin Energy Resources for the drilling of an exploration well located in VIC/P57, offshore Australia. Origin intends to drill two wells before handing over t...

Two containerships ablaze after collision at Westports Malaysia

Two containerships ablaze after collision at Westports Malaysia Kuala Lumpur: Reports are emerging that two fires broke out this evening due to a collision between two container vessels at Malaysia’s Westports terminal. Port Klang Fire and Rescue Services Department received an emergency cal...

Petredec to charter three vessels to Oriental Energy

Petredec to charter three vessels to Oriental EnergyShanghai: Chinese energy firm Oriental Energy has announced that it has signed a 10-year time charter contract with Singapore’s Petredec for three 84,000 cu m VLGCs, taking the company’s VLGC fleet to 13 vessels. The annual ch...

Marine Contracting moves into Australian offshore market

Singapore: Singapore-based offshore marine firm Marine Contracting has announced a move into the Australian market, opening an office in Perth and yard in Karratha. The new setup will be led by Petter Nilsen, formerly of Viking Moorings, and provi...

PVEP signs exploration MOU with ONGC

Hanoi: Petrovietnam Exploration Production Corporation (PVEP), a wholly-owned subsidiary of Petrovietnam, has signed a Memorandum of Understanding (MOU) with India's Oil and Natural Gas Corporation Limited (ONGC) for mutual cooperation on exploration...

Deltamarin to design Libra FPSO

Singapore: Deltamarin has signed a contract to undertake the basic engineering of the FPSO conversion project for OOGTK Libra at Singapore’s Jurong Shipyard. Deltamarin’s scope of work covers the marine part of the Navion Norvegia shuttle tank...

KrisEnergy expects to double production

Singapore: Singapore-based KrisEnergy expects its production to almost double to the equivalent of 15,000 barrels a day in 2015 from the current 8,000 barrels. The company expects that figure to reach 35,000 by 2017 as new fields come online. "We ...

Lundin Petroleum starts Kitabu exploration well in Malaysia

Kula Lumpur: Lundin Petroleum has announced that it has commenced the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia. Lundin Petroleum estimates the Kitabu prospect to have the potential to contain unrisked, grossprospectiv...

Eni finds gas offshore Indonesia

Jarkata: Italian oil and gas firm Eni has made an important gas finding in the Merakes exploration prospect, in the East Sepinggan Block, where it holds a 100% stake. The Block is located in the offshore East Kalimantan, 170 kilometres south of the B...

Kulim Energy Nusantara signs JOA to explore Indonesian oil field

Kuala Lumpur: Kulim Energy Nusantara (KENSB) has signed a joint operating agreement (JOA) to participate in the exploration and development of an oil and gas field in South West Bukit Barisan Block (SWBB), Central Sumatera, Indonesia. The three pa...

Tanjung Offshore Services and Drilltec Offshore form new drilling rig business

Kuala Lumpur: Tanjung Offshore Services and Drilltec Offshore have entered into a joint-venture (JV) agreement to market and operate drilling rigs and provide ancillary services to Malaysia’s oil and gas industry. Under the JV, the two companies...

Site Sponsor

Introduction

SeaShipNews is the leading site covering maritime and offshore developments across Southeast Asia.

With correspondents in Singapore, Manila, Bangkok, Ho Chi Minh City, Kuala Lumpur and Jakarta SeaShipNews is the best placed media source to report on the region's fast evolving shipping scene.

SeaShipNews is a subsidiary of Singapore-registered Asia Shipping Media. As well as a daily news wrap, this site contains a weekly 'In Focus' section which is a more in depth feature plus you can read our Singapore Market Report and other publications by clicking the magazine covers below. On top of that readers can subscribe for a free weekly newsletter. 

All editorial submissions should be sent to:

Read Our Latest Magazines

SG Bunkering
Singapore Annual

In Focus

Go with the flow? No way!

As part of SeaShip News’s just published bunkering magazine a man tasked with buying ship fuel for a large fleet reveals his gripes about the bunkering industry

Go with the flow? No way!

We have come a long way from the gun slinging days of bunkering. Or have we? Gangsterism. Steal for pleasure. Entrap the engineer. Fool the naive ship owner. 

The new global structure of supply and demand, quality and quantity focus, regulatory compliance, environmental pressure have all resulted in an industry that is increasing complex yet offers a control mechanism if you are willing to pay for it. It gives operators the choice we need. We understand Caveat Emptor.

But the recent chatter on mass flow metering seems to have taken a demonic life of its own. Like as if we have suddenly been visited by God Himself to solve this issue with His own God flow meter which measures everything perfectly. Hail God flow meter.

When once we all believed in good ol’ fashioned measurements, suddenly the whole world is denouncing this as an epidemic. How do you pour yourself the correct quantity of a glass of wine? Want to use a complicated piece of vibrating technology to measure it? Keep it simple I say.

Our good oil companies, who have used this simple and tested method of human touch for decades, are now out in force denouncing it. I wonder if this is purely to seek the economic advantage of selling us more for the same old bunker fuel? Make hay while the sun shines. Go with the flow.

Don’t get me wrong. Support technology, I will. Fit mass flow meters on my ships I may. But to tell me my ship tank measurements do not matter is forgetting that it is I who is doing the buying. It is I who have the foresight of experience. It is I who have the dollars. I will most surely insist that my ships check their bunker fuel quantities received every time. Now and in the distant future. When I am paying one million bucks for refueling my ship every time, please don’t tell me how I should measure this or that or not. You do your check, I do mine. It is my dollars. It is my decision. I am the buyer. More>>