LAHAD DATU, Sep 5 — The maiden docking of container vessel 17224 DWT MV Danum 172 at the purpose-built Palm Oil Industrial Cluster (POIC) Container Terminal here today has raised Sabah’s hope of becoming the Rotterdam of the East

Deputy Chief Minister cum Trade and Industry Minister Datuk Seri Panglima Wilfred Madius Tangau said the POIC Container Terminal would propel Sabah to greater heights to become an industrialised state by 2030.

 
 

“The Sabah government had agreed for the POIC Lahad Datu to become a full-fledged port on Oct 23, 2018 but there were delays, mainly due to bureaucracy and resistance from within the government itself.

“This indeed is a small step for Lahad Datu, one giant leap for Sabah. I wish to say sorry because all seemed on track last year... But only now it is happening. It was too long a wait; all the facilities had been in place for more than a year,” he said in a statement here, today.

 

The vessel is owned by Shin Yang Shipping Corporation (SYSCorp), a Sarawak-based diversified shipping and logistics company. The vessel brought in nine 40-foot containers of cocoa shells and took out nine 20-foot containers of fertilizers.

 

Moreover, Madius said the ministry was expecting all the requirements needed by the POIC to be made available soon, especially the legal landing place licence, which was promised by the Finance Ministry in Putrajaya last week.

“We are all anxiously waiting for everything to be in place so that POIC can live up to its potential,” he added.

Meanwhile, the POIC Lahad Datu chief operating officer Datuk Dr Pang Teck Wai said, the creation of out-going cargo was important because Sabah has always been paying more for shipping as containers were going out empty.

He said the event today was an endorsement from a major shipper, while confirming that the port has connected all the dots in shipping and logistics required for industrialisation.

Besides, SYSCorp chief executive officer, Ting Hien Liong, said his company was proud to be the first to call at the POIC Container Terminal.

POIC Lahad Datu, a state-owned company, was set up in 2005 to spearhead palm oil-based downstream industry, and has been promoting its port as a logistics hub leveraging on the growth of global shipping via the Lombok-Makassar shipping route which passes by Lahad Datu. 

 

*Credit News from https://www.malaymail.com/news/money/2019/09/05/sabah-aims-to-become-rotterdam-of-the-east-with-maiden-docking-of-container/1787697

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Malaysia is bound to set a key milestone in the maritime industry as leading integrated ship management brand, Synergy Marine (M) Sdn Bhd recently unveiled its collaboration with Malaysian companies, MTCMS Design Sdn Bhd and Shin Yang Shipping Corporation Berhad (through their subsidiary Shin Yang Shipyards Sdn Bhd) to design, build and deliver Malaysia’s first LNG-Powered Vessel Shipbuilding - set to revolutionise the Malaysian maritime sector.

Not only is the vessel the first in Malaysia and across Asia, she will also be the first to be built on Malaysian shores. Synergy Marine has taken on the challenge to invest in doing research and development for the evolution in ship design to the most advanced and high technology in 3D, which include Digital Twin Technology for the new vessel, complete with virtual reality technology for maintenance, safety drills, and training purpose.

With this vessel, Synergy Marine intends to service various global Oil & Gas companies who will reap the benefits of this illustrious vessel that not only complies to IMO regulation, but with the adoption of Green and High Technology vessel in their Oil & Gas operations, this vessel will save the fuel consumption in any Oil & Gas operations.

Dato’ Roslan Ahmad, Managing Director of Synergy Marine said that using liquefied natural gas or LNG fuel engine system will greatly reduce the emissions of sulfur dioxide, nitrogen dioxide, carbon dioxide, and particulate matter - which will make the environment greener and, at the same time, still complies with international maritime organisation.

“With our vast experience in marine and offshore business and operations coupled with extensive knowledge, wide working network and strong capability, caring for the environment is one of our core values, and we are taking the proactive step to lead and pioneer the Green Technology in offshore support vessels sector,” said Dato’ Roslan.

“After a long economic recession and global oil prices slump since 2016, currently we can see most of the Oil & Gas companies restart their explorations and productions campaign globally. This is a good sign as it shows that the maritime and shipping industries will grow again. Thus following this observation, we take the next step in this journey to be the most preferred Offshore Support Vessels provider supporting the Oil & Gas exploration and production with high business ethics to meet our customers’ satisfaction.”

With this new vessel measured at a length of 76.8 meters, breadth 19 meters, a deck capacity of 600 square meters, equipped with dual fuel engine system that is LNG and diesel fuel, this collaboration proved to be a significant milestone between Synergy Marine, MTCMS Design Sdn Bhd and Shin Yang Shipping Corporation Berhad, with developments in both High Technology and Green Technology. The three highly-reputable companies had also signed a Memorandum of Understanding to combine their expertise in the development of Green Technology Vessel, witnessed by Tuan Hj. Ir. Ahmad Khairuddin Bin Ismail, Deputy Director General 2 (Operations) of Marine Department Malaysia.

“We are very proud to collaborate with both MTCMS Design and Shin Yang Shipping for our first LNG-powered vessel. For our new ship, the vessel propulsion system is designed using energy-saving engine, machinery and equipment for energy efficiency. Therefore, based on their expertise in ship design and using advanced Digital Twin Technology, we decided to engage MTMCS Design to be our ship designer, and to work with Shin Yang Shipping to build the vessel based on their expertise in shipbuilding of many Offshore Support Vessels (OSV) and their high capabilities and capacities in this area.

“With these track records strong in their profile combined with our robust historical activity in the shipping maritime sector, this pioneer agreement offers a major contribution to the development of a revolutionary LNG-powered vessel,” said Dato’ Roslan.

The schedule of keel laying will be in January 2019 and expecting to be completed by the fourth quarter of year 2020. After completion, this vessel would be available for contract charter from any Oil & Gas contractors and she will be used in particular for operations in the global market.

 

Credit news article from: http://www.focusmalaysia.my/Snippets/malaysia-s-first-lng-powered-vessel-shipbuilding 

 

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Three Malaysian companies have reportedly signed a memorandum of understanding (MoU) that would see the first LNG-powered ship built and operating in Malaysian waters by the end of 2020.

The contract for a dual-fuel platform support vessel (PSV) is estimated to be worth US$45M, according to multiple reports in Malaysian publications from an MoU signing ceremony between Synergy Marine ship operators, designers MCTMS and Shin Yang Shipyard.

In a speech at the event, Synergy Marine’s managing director Dato’ Roslan Ahmad reportedly said the move to build an LNG-fuelled vessel was driven by environmental concerns.

Mr Ahmad said the 77-m vessel matched the company’s core value of ‘caring for the environment’ while also meeting IMO’s global cap on sulphur in marine fuel.

With the company active in offshore oil and gas, Mr Ahmad cited the recent recovery of oil prices as a precursor to increased activity in the sector and said the move was intended to position the company as a preferred provider in offshore exploration because of its ‘high business ethics’.

The vessel’s keel laying will be in January 2019 and it is expected to be delivered in Q4 2020. Upon completion, the vessel will be open for charter on the global market, according to reports.

*Credit News article from https://www.lngworldshipping.com/news/view,malaysia-steps-into-lng-sector-with-shipbuilding-mou_55906.html

Shin Yang Shipping Corporation acquired another 2 units of container vessels - Danum 171 and Danum 172  in month July and August 2018 to expand container ship fleet services.

 

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Shin Yang Shipping Corporation Bhd acquired a 1600TEU Container Vessel - Danum 168 recently in month of December 2017 to enhance our shipping capabilities.

 

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KUALA LUMPUR: Northport (Malaysia) Bhd, Shin Yang Shipping Sdn Bhd and Harbour-Link Group Berhad have signed a memorandum of understanding (MoU) to firm a strategic alliance called The East Malaysia Network or TEAM Network.
 
MMC Corporation Bhd said in a statement the MoU was aimed at achieving economies of scale through the sharing of resources such as vessels, terminals arrangements and networks.

“It is also expected to increase shipping service frequency through a scheduled alignment between Shin Yang and Harbour-Link.

“With the consolidation of vessel capacity between the two lines, the pact will create greater economies of scale with the optimised deployment of vessels and a wider port coverage. 

"It will also result in a reduction of operating expenses as well as optimisation of capital expenditures for both shipping lines,” it added.

Northport chief executive officer Datuk Azman Shah Mohd Yusof said the strength of Northport, Shin Yang and Harbour-Link would be consolidated to jointly and effectively manage the shipping industry demands through strategic planning of resources.

“”Under the TEAM Network strategic alliance, Northport is expected to provide an efficient and effective port service and high terminal productivity. 

"The alliance is also expected to benefit significantly from the synergies derived from within the MMC Ports' group through its integrated logistics value proposition,” he added.

Northport, a subsidiary of MMC Port Holdings Bhd (a wholly-owned subsidiary of MMC Corp) is involved in managing, developing and operating container ports and terminals in Malaysia.  

Shin Yang Shipping is part of Shin Yang Group, a conglomerate based in Miri, Sarawak, which is involved in the domestic and international shipping, ship building, timber, property development, port to door logistics, haulage, warehouse, container depot, hotel, marine engineering, civil engineering and plantation.

Harbour-Link Group is a Bintulu, Sarawak-based conglomerate involved in integrated logistics, shipping and marine, engineering and construction, heavy lifting and haulage, and property development. - Bernama