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MISC scores FSO contract in Vietnam
Monday, 12 November 2018 01:30

MISC, through its 51%-owned Malaysia Vietnam Offshore Terminal (MVOT), has landed a time charter contract by Idemitsu Kosan for the conversion and provision of a FSO in Vietnam.

The contract, valued at approximately $176m, marks MISC’s first venture with Idemitsu Kosan.

MVOT will be responsible for the engineering, procurement, construction, installation, commissioning, lease and operations of the FSO.

MVOT is 49%-owned by PetroVietnam Technical Services Corporation (PTSC), which has a longstanding partnership with MISC in Vietnam.

Upon its conversion, the FSO will be deployed for the Sao Vang and Dai Nguyet Development Project offshore Vietnam, and it will be leased for a duration of seven years. The contract and charter are expected to commence by mid-2020.

“With our broad spectrum of energy related maritime solutions and services, be it in energy shipping or offshore solutions, MISC is confident of our ability to serve the various needs of the global oil and gas industry,” said Yee Yang Chien, president and group ceo of MISC.

MISC has close to 10 years of experience in Vietnam’s offshore development in its partnership with PTSC and currently operates two floating assets – the FSO Orkid and the FPSO Ruby II.

 
MCI takes 78% of Hapag-Lloyd reefer orderMCI takes 78% of Hapag-Lloyd reefer order
Friday, 09 November 2018 01:14

The huge reefer order, initially reported on 16 August, was the latest in a procurement programme that has seen Hapag-Lloyd add 30,550 new reefers since 2015. MCI has now announced that 8,600 of the 11,100 new reefers will be its Star Cool Integrated reefers, of which 2,000 will be MCI Controlled Atmosphere (CA) units.

The entire order will be capable of using the lower Global Warming Potential (GWP) R513A refrigerant blend now offered by MCI as an alternative to R134A, and first used by Hapag-Lloyd in 1,000 Star Cool units last year. The GWP of R134a is 1360, and switching to R513A lowers that figure to 573, a 56% reduction. “The operational experience gained so far by Hapag-Lloyd with the environmentally friendly refrigerants has been ‘eventless’ and without any obstacles,” said MCI.

Niklas Ohling, senior director at Hapag-Lloyd, welcomed having R513A as a drop-in option: “It is reassuring to know that we have the ability to fully convert a large part of our reefer fleet to a lower GWP refrigerant solution, without having to make any modifications to the machines or compromise on performance.” All Star Cool units produced since July 2017 can be charged with either R513A or R134a, while those manufactured earlier can also be adapted to run on R513A “with only minor modifications”.

“We deeply value the trust shown in us by Hapag-Lloyd, which is founded on 18 years of experience in supplying reefer containers to them,” said Søren Leth Johannsen, Chief Commercial Officer at MCI. “This close cooperation led Hapag-Lloyd to order their first batch of Star Cool units in 2012, since when the proportion of these cutting-edge reefers in the Hapag-Lloyd fleet has steadily grown over the years. The 8,600-reefer order from Hapag-Lloyd obviously marks a further milestone for MCI and Star Cool”.

Hapag-Lloyd’s CA products include ExtraFresh and ExtraFresh Plus. ExtraFresh takes advantage of natural fruit respiration using passive CA technology, while ExtraFresh Plus controls the atmosphere with additional nitrogen injection (Active CA). MCI’s Star Cool CA technology is a passive system, and the 2,000 new MCI CA units will take the total number of units in Hapag-Lloyd’s ExtraFresh fleet up to 5,000.

MCI claims its Star Cool reefer is the most energy efficient in the market, which it adds can now be proved in real time thanks to the built-in energy meter, which MCI was the first in the industry to offer. This will help Hapag-Lloyd measure its environmental performance: “Our aim is to cut Hapag-Lloyd’s total carbon footprint by a further 20% by 2020 and efficient reefer containers will play a significant role in achieving this goal,” Niklas Ohling concluded.

MCI has already begun manufacturing the 8,600 units at its Qingdao plant in China.

 
Vinalines and Erria extend cooperation
Wednesday, 07 November 2018 04:07

Vinalines and Erria have today signed a MOU at the headquarter of the Danish Shipowners´ Association in Copenhagen, Denmark.

Vinalines & Erria will, with the agreement, extend the existing cooperation in North Vietnam to include the new port project in Dinh Vu, which is currently under development. When fully finished, the port will offer 3 berths with space for both container and bulk ships.

Erria Container Services (ECS) will collaborate with Vinalines to provide container repair services and other related logistics and depot services such as reefer monitoring, mobile repair, etc. ECS will also assist with commercializing barge operation from Dinh Vu to other ports and ICDs in North Vietnam, which ECS has experience with from South Vietnam.

ECS is currently in collaboration with Vinalines in the North-Vietnamese port of Haiphong, where ECS provides container repair and maintenance services to shipping lines and leasing companies.

 

Vinalines: Vinalines is a leading, Vietnamese state-owned shipping company and port operator who operates a large fleet of bulk, tank and container ships in both domestic and international trades. Within the port operation, Vinalines is both alone and together with JV partners operator of bulk and container terminals in all Vietnamese ports. Partners include Singapore-based PSA, US SSA and Danish AP Moller/APMT. www.vinalines.com.vn

Erria: Founded in 1992, Erria is today a maritime `one stop shop` with internationally offered services from departments in several countries around the world. Activities within Ship Management, Container Services, Offshore Personal Services and Container Sales. Listed on NASDAQ First North Copenhagen in 2007
 
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