Business

SMW 2023: Discussion held on emerging trends of piracy and sea robbery in Asia

‘In South East Asia, we are witnessing attacks to ships’ crew with the intention to steal cargo, stores or sometimes even the ship,’ says Ashok Srinivasan of BIMCO.

Published

1 year ago

May 2, 2023

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The ReCAAP Information Sharing Centre (ISC), together with the three co-organisers BIMCO, INTERTANKO and the S. Rajaratnam School of International Studies (RSIS), held an annual Piracy and Sea Robbery Conference on Thursday (27 April) in conjunction with Singapore Maritime Week 2023.

This year’s conference featured a two-part panel discussion where panellists deliberated on the importance of “Partnership” between the shipping industry and law enforcement agencies in combating piracy and armed robbery against ships, to ensure safe and secure seas for seafarers.

Dr Heike Deggim, Director of the Maritime Safety Division at the International Maritime Organization (IMO), in her keynote address, provided an update on the global situation of piracy and armed robbery against ships.

Dr Deggim expressed appreciation for the excellent work of ReCAAP ISC and the achievements of the organisation since 2006, in its mission to enhance regional cooperation through information sharing, capacity building and cooperative arrangements.

She urged the ReCAAP ISC to continue to organise the Piracy and Sea robbery conference aimed at building regional capacity to counter the menace of piracy and armed robbery against ships. In addition, she shared how States in Africa are working together and strengthening their capabilities to combat maritime crime and piracy in the Gulf of Aden and Gulf of Guinea.

Vice-Admiral (Indian Navy Retired) Pradeep Chauhan, Director of the National Maritime Foundation, India, shared how the Indian authorities work with stakeholders to combat maritime crimes.

CG Admiral Artemio M. Abu, Commandant of Philippine Coast Guard, and the Chairperson of ReCAAP ISC Governing Council, said: “From January to March 2023, 25 incidents of armed robbery against ships in Asia were reported to ReCAAP ISC. This is a 9% increase over the same period last year. Given the current inflationary pressures and uncertain economic outlook, many of the factors which drive individuals to commit piracy and sea robbery may return, and may lead to higher number of incidents this year. The shipping industry must continue to adopt best practices such as timely and accurate incident reporting and close collaboration with maritime authorities, to keep our sea lanes safe and protect crew and cargo.”

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In the first panel discussion, representatives from BIMCO, INTERTANKO, Singapore Shipping Association (SSA) discussed the emerging trends and modus operandi of piracy and sea robbery incidents in Asia.

Ashok Srinivasan, Manager of Maritime Safety and Security, BIMCO, said: “Piracy and armed robbery in any form is a threat to seafarers and shipping. In the Gulf of Guinea, we are beginning to see attacks again after a lull of 12 to 18 months. In South East Asia, we are witnessing attacks to ships' crew with the intention to steal cargo, stores or sometimes even the ship. Industry and authorities need to stay vigilant and not let their guard down. BIMCO will work tirelessly with relevant stakeholders to bring piracy problems under control.”

Mr Elfian Harun, Regional Manager (Southeast Asia) and Environment Manager, INTERTANKO, said: “Piracy and armed robbery are crimes that no seafarer should have to face. Fortunately, the armed robbery taking place in the Singapore Strait has, thus far, not resulted in injury to crew, but the situation remains a real concern due to its potential impact upon the safety of navigation. ReCAAP ISC and its partners have taken tremendous steps to eradicate these crimes and this coordinated response is an example the other regions should consider emulating.”

The second panel discussion saw representatives from the Maritime Security Task Force (Republic of Singapore Navy), BAKAMLA (Indonesian Maritime Security Agency) and the Philippine Coast Guard (PCG) share best practices which ship masters should adopt to engage littoral states and law enforcement agencies. The panellists also highlighted individual country’s initiatives and cooperative efforts undertaken to suppress piracy and sea robbery in their territorial waters.

Ambassador Ong Keng Yong, Executive Deputy Chairman of RSIS, said, “The number of incidents of piracy and armed robbery against ships in the region continues to be a reference point to which the international community assesses the safety and security of regional waters. This conference gathers stakeholders and serves as a reminder on the importance of sustaining collective efforts and to always remain vigilant.”

Executive Director ReCAAP ISC, Krishnaswamy Natarajan, in his closing remarks, said: “Combating piracy and armed robbery against ships in Asia is not the sole responsibility of the coastal States or the shipping industry, but a common responsibility shared by all stakeholders since it is a transnational maritime crime. Building trust and confidence among stakeholders is necessary to promote cooperation, collaboration and information sharing, and to reduce piracy and armed robbery incidents against ships in Asia.”

Manifold Times previously reported global oil and shipping group Monjasa stating pirates boarded Liberia-flagged oil tanker Monjasa Reformer on 25 March off Congo in West Africa. The pirates then abandoned the vessel and ‘brought part of the crew members with them’.

In another incident, the Maritime and Port Authority of Singapore (MPA) received a report that the Singapore-registered Success 9 was boarded by unidentified persons at about 300 nautical miles off the Abidjan Coast, Cote d’lvoire at about 10 pm (Singapore time) on 10 April.

Manifold Times then reported MPA was updated that Success 9 has been located off the coast of Abidjan, Côte d’Ivoire. All crew, including the Singaporean crew, were safe and in good health. The ship safely arrived at Abidjan port.

In April, Information Fusion Centre IFC provided an infographic on recommended measures for ship transiting in areas of concerns especially Singapore Strait in light of increased theft, robbery and piracy at sea.

Photo credit: ReCAAP Information Sharing Centre
Published: 2 May, 2023

Biofuel

Argus Media: Bunkering sector needs deeper dive into B24 bio bunker fuel market

‘As we advance into 2025, the need to understand how B24 matures in terms of market fundamentals, pricing and dynamics will be a key indicator for the marine sector,’ says Mahua Chakravarty of Argus.

Published

20 hours ago

October 4, 2024

Admin

Argus Media organises free admission ‘Argus Asia B24 Forum’ for bunkering sector

Ahead of Argus Asia B24 Forum, Manifold Times interviewed Mahua Chakravarty, Head of Marine Fuels Pricing (Asia) of independent global energy and commodity market intelligence provider Argus Media; she explains the growing prominence of B24 bunker fuel in the marine sector and believes it is imperative for the bunkering sector to deepen its knowledge on it:

MT: Why is it important for the bunkering sector to know more about the B24 bunker fuel market?

B24 has emerged as the first alternative marine fuel that allows ship-owners and charterers a drop-in fuel option, and make greenhouse gas (GHG) savings, for their voyages into EU and territorial waters.

It has proved to be the most practical solution for ship-owners that eliminates costly retrofitting charges. The easy availability of used cooking oil methyl ester (UCOME) as a blendstock from China and southeast Asia, also adds to its overall attractiveness as an alternative fuel.

B24 consumption in the port of Singapore recorded multi-fold jumps to touch 518,000t in 2023 as ship-owners fuelled for trials in preparation for the implementation of EU-led mandates like the EU Emissions Trading Scheme (ETS) and the Carbon Intensity Index (CII) rating. In 2024, B24 demand has continued to grow with 377,800t of consumption seen up to August, according to statistics from the Maritime and Port Authority of Singapore (MPA).

As we advance into 2025, the need to understand how B24 matures in terms of market fundamentals, pricing and dynamics will be a key indicator for the marine sector. Being the first generation of new marine fuels, B24 has shown the way that biofuel blends can provide a solution for ship-owners/charterers to meet compliance mandates set by the EU and IMO.

MT: Why has Argus developed its own B24 Singapore price index? What's so special about it and why should the industry adopt it as a benchmark?

Argus was the first to launch its spot B24 delivered on board (DOB) Singapore assessment in January 2023, thus introducing price discovery for this market at its point of inception. The past 1.5 years of daily price assessments of B24, using a robust market survey approach, has built Argus’ understanding of this market from the start.

We have seen the growth of liquidity and the quest among refiners, traders, ship-owners to find pricing solutions for a nascent market. We have been at the forefront of capturing spot liquidity growth and in assessing prices for this market.

This index is now considered a key price assessment by key refiners, traders, ship-owners and other stakeholders in the market.

MT: What takeaways can each segment of the bunkering sector such as bunker buyers, bunker traders, and shipowners receive from the upcoming Argus B24 forum?

The Argus B24 Asia Forum is aimed at showcasing some of these learnings by a global team that covers key markets like Singapore, China and Europe. Our global team will present their insights on the key trends driving demand for marine biodiesel globally.

As the marine sector marches onwards with the bunkering of higher biofuel blends, this forum will allow the audience to reflect on the key factors that have driven the marine biodiesel sector. It will provide insights to make better decisions about infrastructure, pricing, feedstock-related issues and what blends are likely to be prevalent in the coming year.

We will be hosting a panel discussion at this forum that will include key players driving the marine biodiesel space in Singapore and other regions.

The Argus Asia B24 Forum will be held in The Village Hotel (The Events Centre by Far East Hospitality), Sentosa, Singapore (Google Maps) on 8 October between 4.00pm to 7.00pm Singapore Time.

Participants are encouraged to register for the free event via the custom link here.

Photo credit: Argus Media
Published: 4 October 2024

Bunker Fuel

Brazil: Raízen launches new bunkering operation in Itaqui

Operation will support both coastal and oceangoing vessels at Off Port Limits, allowing the firm’s customers to avoid full port call fees and unnecessary deviations, says Paula Georgopoulos Tinoco.

Published

20 hours ago

October 4, 2024

Admin

Brazil: Raízen launches new bunkering operation in Itaqui

Brazilian energy firm Raízen has launched its new bunkering operation in Itaqui at the Outer Anchorage Area, according to Paula Georgopoulos Tinoco, Bunker Sales Coordinator at Raízen on Wednesday (3 October).

The firm is providing local supplies for the grades VLSFO380 (max. 0.5%S) and LSMGO DMA (max. 0.1%S).

“The new bunkering operation will support both coastal and oceangoing vessels with different sizes and class at the Off Port Limits, allowing our customers to avoid full port call fees and unnecessary deviations at different bunkering ports,” she said in a social media post.

In September last year, Bunker Holding subsidiary Bunker One announced that it partnered with Acelen, the largest bunker producer in the Brazilian state of Bahia, to offer the only outer anchorage bunkering operation in Brazil at the time.

Starting September 2023, vessels such as large cargo ships and tankers can be supplied in the anchorage area of the Port of Itaqui in São Marcos Bay (MA).

Photo credit: Raízen
Published: 4 October, 2024

Business

Rahim Oberholtzer named as new Infineum Chief Financial and Strategy Officer

Oberholtzer, a finance executive with over 25 years of experience, joins Infineum from Shell, where he has held various senior positions including Senior Vice President of Shell Finance for Chemicals and Products.

Published

20 hours ago

October 4, 2024

Admin

Rahim Oberholtzer named as new Infineum Chief Financial and Strategy Officer

International fuel additives company Infineum on Thursday (3 October) announced the appointment of Mr. Rahim Oberholtzer as the new Chief Financial and Strategy Officer, effective 1 October.

Oberholtzer will succeed Mr. Philippe Creteur, who has retired at the end of September 2024, after 18 years of dedicated service to Infineum.

Oberholtzer, a seasoned finance executive with over 25 years of diverse experience, joins Infineum from Shell, where he has held various senior positions. His most recent role was Senior Vice President of Shell Finance for Chemicals and Products.

During his career, Oberholtzer has acquired extensive expertise in public accounting, investment banking, and trading. He began his professional journey at KPMG in San Francisco as an auditor. He then moved on to Merrill Lynch, focusing on mergers and acquisitions and equity offerings within the energy sector, ultimately serving as Head of Structured Finance at Merrill Lynch Commodities.

In 2011, he joined Shell’s Mergers and Acquisitions team in the U.S., leading key projects such as the launch of Shell Midstream Partners and the Eagle Ford divestment. He subsequently managed finance teams in Trading & Supply, covering European Gas & Power, Global Crude, and Global Products & Operations.

Infineum CEO Aldo Govi, said: “We are deeply grateful for Philippe’s years of dedication and excellent contribution to Infineum. At the same time, I am thrilled to welcome Rahim to our corporate leadership team.”

Photo credit: Infineum
Published: 4 October, 2024