• 2019 June 18 18:06

    Kim Heng Offshore & Marine Holdings signs MoU with HHC and Thaitan

    Kim Heng Offshore & Marine Holdings Limited, an established integrated offshore and marine value chain services provider, has announced that its wholly owned subsidiary KimHeng Marine & Oilfield Pte Ltd (“KHMO”) had signed a Memorandum of Understanding (“MOU”) with Hung Hua Construction Co. (“HHC”) and Thaitan Drilling Co. Ltd (“Thaitan”) to establish a long term business cooperation.

    HHC  is  a  marine  construction  company participating  in dredging and maritime construction projects. For  more  than  30  years,  HHC  has  been  engaging  in  dredging  of  waterways,  navigation channels,  constructing of  dykes,  foundation  piles,  breakwaters,  projects  of  large  reclamation and port construction.

    Thaitan is a company specialisingin the provision of leading Horizontal Directional Drilling (“HDD”) services.

    The  MOU  is  in  relation  to  the  operations  between  KHMO,  HHC  and  Thaitan  relating  to  HDD projects and marine construction projects.

    KHMO and Thaitan will, as a consortium or joint venture,provide design, engineering, drilling equipment and project technical support to HHC’s HDD projects onshore and offshore.

    KHMO  and  Thaitan will  support  HHC  technically  and  operationally  as  a  preferred  sub-contractor for its future projects in Taiwan.

    HHC will tender for future HDD projects and marine construction projects in Taiwan on behalf of KHMO and Thaitan.

    HHC, KHMO and Thaitan will explore forming a joint venture through a subsidiary registered in Taiwan for future HDD projects and marine construction projects. KHMO,HHC and  Thaitan will  work  towards  signinga  formal  contractual  agreementand  charter party agreements.The MOU will remain in force for a period of one year, and renewable as mutually agreed by the parties.

    About Kim Heng Offshore & Marine Holdings Limited

    With  50  years  of  experience  and  listed  on  the  Catalist  Board  of  the  Singapore  Exchange  Securities  on  the 22nd of  January  2014,  Kim  Heng  Offshore  &  Marine  Holdings  Limited is  an established  integrated  offshore and  marine value  chain services  provider,  engages  in different  stages  of offshore oil and gas projects from oil exploration to field development and oil production. Kim Heng has built its brand over the years and currently caters to world renowned customers from over 25 countries in the regions of Southeast Asia, USA, Latin America, Australasia, Middle East and Europe. TheGroup’s operations are strategically located in Singapore, with two shipyards at 9 Pandan Crescent and 48 Penjuru Road. The shipyards, consists of a combined water front of 205 metres, enable the Group to carry out afloat repairs, fabrication, newbuild, painting and blasting works.


2019 October 13

16:12 DHS, USCG extend limited contract relief for Offshore Patrol Cutter
15:39 CMA CGM to implement PSS for Douala, Cameroon
14:33 Okeanis Eco Tankers announces acquisition of Suezmax newbuilding duo
13:42 Pentland Ferries' new ship arrives to deliver most environmentally-friendly ferry service in Scontland
11:22 Global Energy to take over long-term operation of Nigg Oil Terminal
10:56 ICE announces new milestones in TTF and JKM trading

2019 October 12

16:35 HII expands Shipbuilder Academy program
14:29 Robert Allan design of two fire-floats delivered to Bangladesh shipyard
12:23 POSH announces acquisition of equity stake in Dolphin's Pacific Workboats
11:41 Sea trials begin for the second CCG's Offshore Fisheries Science Vessel built at Seaspan's Vancouver Shipyards
10:52 DHS extends contract relief for Offshore Patrol Cutter

2019 October 11

18:09 IMO took part in the Global Maritime Security Conference held in Nigeria
17:50 KN engaged in negotiations regarding operation of LNG terminal in Brazil
17:28 Throughput of Russian seaports in 9M'2019 grew by 2.8% to 626.8 million tonnes of cargo (detalization)
17:03 One Sea adds Awake.AI to autonomous ship ecosystem
16:42 BFC sold over 50,000 tonnes of bunker fuel to cruise ships in navigation season of 2019
16:23 Eagle Bulk Shipping takes delivery of M/V Santos Eagle
16:01 Cedrob Porty and Port of Gdansk Authority sign preliminary agreement for construction of high-storage cold store
15:27 ASPA launches non-self-propelled cargo pontoon of Project GRPN
15:00 Diana Shipping announces time charter contract for m/v Polymnia
14:44 Jan De Nul supports 7th International Forum of Dredging Companies as its Sponsor
14:36 New productivity records set at APM Terminals Barcelona
14:34 Wärtsilä Hybrid upgrades will save fuel and reduce greenhouse gas emissions for two offshore supply vessels
14:31 Operator named for the Port of Gothenburg’s new major terminal investment
14:09 Pa-X-ell2 research project enters the next phase with a consortium of eight project partners
13:32 Vopak concludes an agreement with First State Investments for the sale of 100% of the shares in Vopak Terminal Algeciras
13:09 APM Terminals announces new management structure in Scandinavia
12:40 MISC secures 15-year charter deals with ExxonMobil for two new LNG carriers
12:09 Jan De Nul successfully completes Port Hedland dredging
11:09 Port of Los Angeles handles 779,903 TEUs in September 2019
10:47 Sevmorzavod shipyard launched non-self-propelled floating crane 'Sevastopol'
10:28 Cooperation with Belarus offers good prospects to Latvian transit sector
10:09 Ocean Yield announces acquisition of a gas carrier with long-term charter
09:50 Ust-Luga Oil to build up its light oil products transshipment capacity by 2-4 million tonnes by 2022
09:39 Baltic Dry Index is up to 1,929 points
09:23 Brent Crude futures price is up 0.52% to $59.41, Light Sweet Crude – up 0.54% to $53.84
09:19 MABUX: Bunker market this morning, Oct 11
09:13 MOL and OKI to launch joint study of bird's-eye view monitoring system on tugboat
08:31 Republic of the Marshall Islands removed from EU list of non-cooperative jurisdictions

2019 October 10

18:01 Ports of Rotterdam and Amsterdam prepare for a possible no-deal Brexit on 31 October 2019
17:37 Freight turnover of Neva-Metal (Saint-Petersburg) in 9M’19 fell by 4% Y-o-Y to 2.33 million tonnes
17:16 Krajowa Spolka Cukrowa hosts ribbon-cutting ceremony for its sugar terminal in the Port of Gdansk
17:14 No rate adjustment in Hamburg port dues
17:00 NOVATEK’s hydrocarbon production totaled 441.3 million boe in 9M’19, up 9.7% YoY
16:31 Naples Boat Show and Docktail Party to feature high-end lineup
16:12 Hapag-Lloyd announces rates from North Europe to Middle East & Indian Subcontinent
15:53 Polskie LNG and Selas-Linde sign contract on delivery of equipment for expansion of LNG Terminal in Świnoujście
15:31 Aker Arctic to supply propellers and shaft lines to new Finnish Navy multi-role corvettes
15:09 Murmansk Sea Fishing Port handled 191,100 tonnes of cargo in 9M’2019, down 25.6% Y-o-Y
14:34 Throughput of Russian seaports in 9M’19 grew by 2.8% to 626.78 million tonnes
14:12 Hapag-Lloyd implements service changes on the Transpacific
13:55 Bunker prices are down at the Far East ports of Russia (graph)
13:33 Port of Liepaja (Latvia) handled 5.31 million tonnes of cargo in 9M'2019, down 3.8% Y-o-Y
13:11 Port of Virginia posts 9% growth in September 2019
13:00 Damen Shipyards Group supports Hydraulic Engineering Structures and Dredging Congress as its General Sponsor
12:38 RF Ministry of Energy expects no deficit of low-sulphur fuel from 2020 but forecasts rise in prices
12:02 Panama Canal tonnage up 6.2 percent in 2019 Fiscal Year
11:45 WMU Contributes to Cyber-MAR project to prepare for emerging and future cyber-attacks
11:24 Throughput of port Riga (Latvia) in 9M’2019 fell by 10.5% Y-o-Y to 23.9 million tonnes
11:02 MAN Energy Solutions and KONGSBERG sign MoU for collaboration on common data infrastructure for maritime sector