LATEST NEWS AND UPDATES
September 16 News
Published September 16, 2021
* Image Credits: www.pna.gov.ph
Malampaya’s looming shutdown accelerates LNG investments in PH
Published August 18, 2021 by Kris Crismundo
MANILA – Investments for liquefied natural gas (LNG) projects in the country have been accelerated with the looming shutdown of the Malampaya gas field, with the Department of Energy (DOE) giving a green light to seven LNG projects.
Fitch Solutions, the research arm of Fitch Group, said the Philippines becomes a “highly interesting” area for energy investments with its “energy hungry domestic market and ample trade opportunities throughout the region”.
Philippines to start importing LNG next year
Published August 13, 2021 by Danessa Rivera
In a virtual forum organized by the Economic Journalists Association of the Philippines, DOE Undersecretary Felix William Fuentebella said the AG&P terminal is going to be completed by the second quarter of 2022 to be followed by First Gen’s LNG terminal by the end of September that year.
Philippines foreign crew change ban extended to 31 January
Published January 15, 2021 by Bernila Andal
The Philippine Port Authority (PPA) said that a memo from the Philippines government Department of Transport had extended the temporary ban due to expire today, 15 January, had been extended until the 31 January.
* Image Credits: DFA Philippines – Twitter
Philippines Suspends Crew Change From 20 Countries Till Jan 15
Published January 4, 2021 by MI News Network
As the pandemic rages all over the world, the life of seafarers trapped in their ships beyond their term of the contract is becoming more and more difficult. Some of them have served for more than 18 months yet no reprieve as crew change crisis has made their release impossible. In the new year, this crisis has deepened as the new strain of coronavirus has posed fresh problems.
* IT IS SAID THERE HAVE BEEN RECENT CASES WHERE THE COST TO GET SIX MEN OFF AND ANOTHER SIX MEN ON A SHIP CAME TO $60,000, COMPARED TO NORMAL COSTS OF ABOUT $10,000.
Cost of repatriation is deterring crew changes, say seafarers
Published August 05, 2020 by Michelle Wiese Bockmann
3 ports in Luzon activated to serve as crew change hubs
Published August 22, 2020, 6:18 PM by Betheena Kae Unite
Three ports in Luzon were activated to serve as crew change hubs to address the global need for fresh crew of ships in the middle of the coronavirus pandemic. Through the maritime sector of the Department of Transportation (DOTr), the Port of Manila, Port of Capinpin in Bataan, and the Subic Bay Freeport Zone have been activated as crew change hubs.
* The Shell Tabangao refinery that will be converted into world-class import terminal
Shell shuts down refining to convert into world-class import terminal
Published August 13, 2020, 8:00 AM by Myrna M. Velasco
As a tough yet strategic choice to sustain its downstream oil market operations and to withstand the disruptive impact of the coronavirus pandemic, Pilipinas Shell Petroleum Corporation has decided this week to permanently shut down its refining operations in the country — that’s after 58 long years of business presence.