The vessel, MSV Al Rafiquei, was hijacked 10:30 Indian time (0500 GMT Saturday) but was released eight hours later, said the directorate of the Indian shipping authority. Before releasing them, the pirates beat up the crew and took away their mobile phones, petrol and diesel, it said. The vessel was sailing from Dubai to Mogadishu when it was hijacked. It was carrying rice, refined oil, wheat and general cargo.
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Monday, March 23, 2009
Indian vessel freed by pirates after just eight hour
Mumbai: Somali pirates have freed the Indian vessel along with 16 crew on board, which was hijacked off Somalian coast Saturday, said the Mumbai-based Director General of Shipping.
Port awaits liquid gas delivery
The first giant tanker carrying super-cooled gas from the Middle East to one of two new terminals in Pembrokeshire is waiting for high tide to dock.
Once fully operational, the liquefied natural gas plants at Milford Haven will be capable of meeting up to 25% of the UK's current gas requirements. The Tembek, which had been expected at lunchtime, will be met by protesters who have fought the £13bn projects. Milford Haven Port Authority said it could handle LNG shipping safely. The tanker, which has sailed from Qatar, had been moored off Pembrokeshire waiting for the tide to allow it to berth at the newly built South Hook deep water terminal. It is the largest LNG plant in Europe and is a joint venture between Qatar Petroleum, ExxonMobil and Total. LNG is natural gas which has been converted to a liquid by cooling it to a temperature of -160°C. In its liquid form, it occupies much less space than gas, making it easier and more cost-effective to transport. It will be turned back into gas at the terminals and pumped into the UK network along a specially constructed pipeline running from Milford to Gloucestershire. South Hook is the larger of two terminals built at the port. The other, Dragon LNG, a partnership between Malaysia's state oil firm Petronas, BG and the Netherland's 4Gas, is expected to become operational later in the year.Read More
Once fully operational, the liquefied natural gas plants at Milford Haven will be capable of meeting up to 25% of the UK's current gas requirements. The Tembek, which had been expected at lunchtime, will be met by protesters who have fought the £13bn projects. Milford Haven Port Authority said it could handle LNG shipping safely. The tanker, which has sailed from Qatar, had been moored off Pembrokeshire waiting for the tide to allow it to berth at the newly built South Hook deep water terminal. It is the largest LNG plant in Europe and is a joint venture between Qatar Petroleum, ExxonMobil and Total. LNG is natural gas which has been converted to a liquid by cooling it to a temperature of -160°C. In its liquid form, it occupies much less space than gas, making it easier and more cost-effective to transport. It will be turned back into gas at the terminals and pumped into the UK network along a specially constructed pipeline running from Milford to Gloucestershire. South Hook is the larger of two terminals built at the port. The other, Dragon LNG, a partnership between Malaysia's state oil firm Petronas, BG and the Netherland's 4Gas, is expected to become operational later in the year.
Santos strikes off Indonesia
Australian gas major Santos has made a shallow-water gas discovery in Indonesia near its producing Maleo field.
The Peluang-1 exploration well has been plugged and abandoned as a "new field gas discovery", said Santos. The well reached total depth of 1126 metres on 14 March and was drilled using Apexindo's jack-up rig Raniworo in 64 metres of water. No further details on the discovery were immediately available. Peluang-1 lies in the Madura Offshore production sharing contract off East Java, and is owned by operator Santos (67.5%), Malaysia's Petronas Carigali (22.5%) and Indonesia's Pantai Madura (10%). Santos said recently that production from the Maleo field "continues to be impacted by capacity restrictions in the East Java gas pipeline (operated by Pertamina) following a rupture of this line during November 2006. However, the situation continues to improve." Gross production from Maleo during the fourth quarter of 2008 averaged 98 million cubic feet per day, slightly up on the two previous quarters.Read More
The Peluang-1 exploration well has been plugged and abandoned as a "new field gas discovery", said Santos. The well reached total depth of 1126 metres on 14 March and was drilled using Apexindo's jack-up rig Raniworo in 64 metres of water. No further details on the discovery were immediately available. Peluang-1 lies in the Madura Offshore production sharing contract off East Java, and is owned by operator Santos (67.5%), Malaysia's Petronas Carigali (22.5%) and Indonesia's Pantai Madura (10%). Santos said recently that production from the Maleo field "continues to be impacted by capacity restrictions in the East Java gas pipeline (operated by Pertamina) following a rupture of this line during November 2006. However, the situation continues to improve." Gross production from Maleo during the fourth quarter of 2008 averaged 98 million cubic feet per day, slightly up on the two previous quarters.
Groundbreaking ceremony at Gensan Shipyard
The Philippines: Gensan Shipyard, a member company of the RD Group, will host a ground breaking ceremony for a new shipbuilding facility, with President Gloria Macapagal-Arroyo as its invited principal sponsor.
When completed and fully operational, the US$5.18 million facility is set to be the biggest in Mindanao. It will host twin slipways with a combined capacity of 10,000GT. The railways measures 345 metres by 33 metres. When the facilities open in the fourth quarter of this year, Gensan expects to employ over 700 workers. Gensan Shipyard is strategically located in the regional “MAKIMA” (Maasim-Kiamba-Maitum) growth area near the BIMP- EAGA (Brunei-Indonesia-Malaysia-Philippines East-Asian Growth Area). “The Philippines and most of the ASEAN countries need ships and vessels to transport their products. Gensan Shipyard is paving the way for other investors, both local and foreign, to come and invest in the province of Sarangani,” said Rodrigo E Rivera, Sr, RD Group Chairman and CEO. The Municipality of Maasim in the Province of Sarangani is one of the poorest in the country, but the facility is hoped to be a catalyst in the BIMP-EAGA trade development. The project will play a key role in the Ro-Ro sea transport program of the government.Read More
When completed and fully operational, the US$5.18 million facility is set to be the biggest in Mindanao. It will host twin slipways with a combined capacity of 10,000GT. The railways measures 345 metres by 33 metres. When the facilities open in the fourth quarter of this year, Gensan expects to employ over 700 workers. Gensan Shipyard is strategically located in the regional “MAKIMA” (Maasim-Kiamba-Maitum) growth area near the BIMP- EAGA (Brunei-Indonesia-Malaysia-Philippines East-Asian Growth Area). “The Philippines and most of the ASEAN countries need ships and vessels to transport their products. Gensan Shipyard is paving the way for other investors, both local and foreign, to come and invest in the province of Sarangani,” said Rodrigo E Rivera, Sr, RD Group Chairman and CEO. The Municipality of Maasim in the Province of Sarangani is one of the poorest in the country, but the facility is hoped to be a catalyst in the BIMP-EAGA trade development. The project will play a key role in the Ro-Ro sea transport program of the government.
World bulker and general cargo fleets to grow
The world fleet of dry bulk and general cargo vessels is expected to continue growing through 2012, in spite of weak freight rates and general overcapacity of tonnage, as new ships on order are delivered from shipyards, according to the latest Shipbuilding Market Forecast from Lloyd’s Register - Fairplay Research.
While scrapping of existing ships will also increase, it will not be sufficient to offset the massive influx of new ships, resulting in a net growth of tonnage in most segments of this market, which includes dry bulk carriers, general cargo ships, refrigerated cargo ships and dry cargo barges. The report notes that much of the current capacity consists of relatively new tonnage with plenty of years left in their service life, thereby slowing the removals to the scrap yards. The newbuilding orderbook for dry bulk carriers now comprises 3,359 ships totaling 292 million DWT, equal to 70 percent of existing fleet capacity. Even though bulk ship orders are highly exposed to cancellations and delayed delivery, this is accounted for in the forecast. “Even if deliveries were to be cut by half, bulk supply growth is still expected to outpace demand growth in 2009 and 2010, which will affect freight rate development trends negatively,” said Niklas Bengtsson, Project Manager and Senior Consultant, Lloyd’s Register - Fairplay Research. Likewise, the general cargo segment is expected to continue growing at 3.5 percent annually through 2012.
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