Vincent Wee

Vincent Wee

Hong Kong and SE Asia Correspondent, Seatrade Maritime News

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

Malaysian energy shipping company MISC could see contributions from its floating production storage and offloading (FPSO) business rise by a third if the deals it is pursuing flow through, local reports said.

In further signs of optimism for the Malaysian oil and gas (O&G) industry, Malaysia Marine and Heavy Engineering Holdings (MMHE) has said it is aiming to secure some MYR4bn ($908.6m) in new contracts this year.

Indonesia continues to make progress, albeit convoluted, towards getting its logistics infrastructure into shape, with local media reporting that approvals to build a canal linking industrial areas to the main Tanjung Priok Port could be given by mid-year.

Cosco Shipping Ports continues to rack up good growth in throughput, with overall volumes rising 9.5% to 8.60m teu in March from 7.85m teu in the previous corresponding period.

Malaysia Marine and Heavy Engineering (MMHE) has won its first major contract for some time, securing a MYR1bn ($226.8m) processing platform construction job from Petronas Carigali.

Industry leaders Wärtsilä and Cosco Shipping Heavy Industry Co (CHI) are pushing the envelope for LNG use applications with the joint development of a natural gas operating fleet concept.

Apparently allaying fears of any nickel export squeeze from major exporter Philippines, listed miner Global Ferronickel Holdings Inc (FNI) said it has started nickel ore shipments to China with volume coming to about 550,000 wet metric tons (wmt) so far.

Troubles are mounting for Malaysian feeder line PDZ Holdings as more creditors start to get their hands on its ships.

The new Tok Bali Supply Base in the northern part of Peninsula Malaysia has secured it first major client, paving the way for more business ahead.

Malaysian shipping company MISC has chosen eMaritime Group's ACAT online courses as their electronic chart display and information system (ECDIS) type-specific continuous personal development training solution.

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