Metal Structure Design and Fabrication Services Available

Find Us For Metal Structure Design and Fabrication Services! (Miri Based)

It is at no big surprise that here at TKR Engineering we provide metal structure design and fabrication services. Metal structure design and fabrication services are an important part of civil engineering. It is one of our services that we are really proud of providing for our client base.

We have previously touched on metal structure design and fabrication before. Structural steel fabrication is a process used by civil engineers when it comes to building constructions. The process includes bending, cutting, and shaping steel to make a steel product. Fabricated structural steel is not your regular kind of welding where the steel is strengthened and repaired. That’s not what steel fabrication is meant to do. It simply means that engineers use several pieces of steel are combined together to form different structures of pre-established shapes and sizes.

Not every engineer is skilled in structural steel fabrication. The process of structural steel fabrication needs well-trained and experienced technicians who are able to take raw elements and turn them into marketable products. You may really need help and assistance from structural steel fabricators at home. Especially when let’s say, you want to build a staircase made of structural steel.

Here at TKR Engineering, we focus on three (3) basic steps. Here they are:

Design Process
Steel Structure Fabrication
Blasting and Painting Work

Read on to find out how we handle each step here.

Design Process

This is the very first step in metal structure design and fabrication services. This is where we come up with the building structure’s blueprint and planning.

Step 1 – Ideation

The ideation stage can be as creative or as standard as the client wants it to be. When you team up with a fabricator who provides custom structural steel solutions, you have the freedom to order unique pieces that are specific to your project. Whether you need beautiful, handcrafted ornamental rails or straightforward caged ladders, a custom fabricator can stick to your exact needs.

Step 2 – Blueprint or Drawing Creation

During the ideation stage, your vendor will listen to you and draw up blueprints using specialized engineering software. You can come prepared with your own blueprints or drawings for this stage too if you wish. Review your vendor’s blueprints to authenticate correct requirements, code compliance, and specifications.

Step 3 – Convert Blueprints into Building Drawings

Your vendor will convert project blueprints into building drawings for the completion of the order. The building drawings and plans will follow the logistics of your project, such as deadlines and budget. Shop drawings are what the manufacturer uses to bring the blueprints to life.

Step 4 – Cut and Drill Steel Beams

The vendor will usually have special tools, such as saws, shears, lasers, punches, notches, and plasmas to cut and drill the steel beams according to project blueprints. Engineering companies can use tools such as the Ficep 1003 DDVD VanGuard Drill Line for this stage of the process. This advanced equipment produces higher quality results and are usually faster.

Step 5 – Piece Etching

Your vendor will engrave each piece with a unique part number and plate location. This makes the final assembly on site fast, convenient, and accurate. It also helps eliminate any costly mix-ups and project delays.

Step 6 – Component Assembly

As soon as your vendor finishes cutting and forming the components of your project, the team will weld and assemble the pieces. During this stage, the fabrication team will check regularly to ensure all pieces assemble correctly and match order specifications.

Step 7 – Custom Part Machination

If you request any custom metal fabrication, your vendor will create custom parts during this stage. Custom parts are superlative when you need components to fit a specific structure or product. You may need custom part machination if standard looks or sizes aren’t appropriate for your project, either in function or aesthetics.

Step 8 – Complete Assembly

Your organisation will complete a full assembly of your project, if possible. In some cases, the partial assembly may be applicable. Complete assembly ensures all parts of the order are present and working well. Changes at this stage are quite rare and only occur if there has been a mistake in one of its previous steps.

Step 9 – Shipping Preparation

After a successful complete assembly, the team will disassemble the project and prepare mechanisms for either finishing or direct shipment. Your organisation should do this as quickly and efficiently as possible, packing the components in a way that makes project erection at the site easy.

Step 10 – Component Finishing

If you request special paint, powder coat, sandblasting, or another finish, your organisation will apply this last. Industrial assemblies often need a certain finish to comply with federal regulations and compliance codes. Your vendor should have some of the latest technology to apply the finish of your option with ease and finesse.

Step 11 – Project Ships to Site

At this point, your project should be complete! Your vendor will follow your previously agreed-upon shipping procedure, sending your completed, disassembled components directly to your site location. Ask for tracking details to make sure that your project arrives on time.

Step 12 – Erection of Final Project

As soon as the components arrive, your construction team erects the final project. Your vendor will have made assembly easy, with manufactured components that fit together with minimal labour needed.

Steel Structure Fabrication

After the design process comes the structure fabrication part. We have invested in high tech CNC types of machinery to increase production efficiency, productivity, and accuracy in structural steel products fabrication. At the same time, we also own a CNC machine, high-tech drilling machine, plasma cutting machine, arc welding machine, and software for drawing.

Some manufacturing workers like their jobs mega-sized. Structural metal fabricators and fitters build enormous metal objects, from tanks and water towers to frames for buildings and bridges. Though the projects may be massive, the work is quite precise.

Following blueprints or drawings, they come up with patterns to build metal parts. They use a wide array of hand, electric, and hydraulic tools to align and fit parts to specifications. They also use special machinery to cut the metal into the needed pieces or plates. Other equipment is used to punch, roll, or straighten the pieces before they are put together.

After defining the sequence of tasks needed to fit all the parts together, they weld, bolt, or nail the units to assemble parts into a whole. They may operate hoists or cranes to move big parts. Fabricators and fitters often work indoors in huge, loud environments. Installation at outdoor construction sites may need work in extreme temperatures.

Common Process of Metal/Steel Structure Fabrication

Fabrication is a term used for several different methods of operating metals into different shapes. Metal fabrication is the process of turning the raw materials such as metals or alloys like structural steel into determined shapes. Those shapes are for assembling to erect a custom prefabricated building to meet the demands of any commercial and industrial projects. Metal fabrication helps bring any kind of customisation in a prefabricated building. Here are some different fabrication processes or systems usually used by engineering firms.

Cutting

Cutting is one of the most common process in the fabrication process. The raw material such as structural steel is taken and split into the needed amount (halves, thirds, or smaller sections). The most primogenital method to cut the raw materials is using a saw. However, now there are new methods such as powerful corded drills, plasma, water jets, or laser cutters, to slice the metals and create new shapes out of the raw materials.

Machining

This is a kind of fabrication process that involves removing the excess material until the final anticipated shape is achieved. There are many machining types, such as:

Drilling– It involves the process of making cylindrical holes in a metal piece using a drill bit.
Turning– It involves the removal of extra material from a workpiece that is spun by the lathe.
Milling– It involves the use of a revolving cutting surface comprised of several blades that create non-circular holes or unique designs in a workpiece.

Punching

The process of punching involves the development of holes in a piece of metal. That piece of metal is placed under the die and acquiesced by a punch-through by a drill. The circumference of the drill must slot appropriately through the die to get the correct size of the punch. Sometimes the holes are used to fasten while other times the portion detached is the needed product (blanking).

Shearing

Shearing is a process where the metal sheet needs a long cut. In some cases, the sheet is applied horizontally via a metal-cutting machine. In some cases, a cutting tool is applied vertically against the length of the metal sheet. It is usually applied to trim down the edge of a metal sheet.

Folding

Folding is a complex process in metal fabrication where a metal surface is wrought to shape to a certain angle. The purpose of folding metal is to offer a blunt surface to the metal surface. Folding is performed in facilities that are equipped with specific and high-tech equipment due to the complex process.

Stamping

Stamping helps to convert the flat metal sheeting into different shapes. Although the process is similar to the process of punching, stamping does not cut the material. Stamping uses the die that causes the material to be raised instead of cutting the metal. For example, metal stamping is used on coins where you get to see the words, currency amounts, and face of presidents stamped on it.

The fabrication processes are the most common processes used during prefabricated building construction. The option of the fabrication process depends on the needs of a particular application and will often vary especially when you require customised prefabricated solutions.

Blasting And Painting Works

Blasting and painting works is the third and final part of the metal structure design and fabrication process.

Blasting is the operation of forcibly pushing a stream of abrasive material against a surface under high pressure to smooth a rough surface. It can also help to roughen a smooth surface, shape a surface, or remove surface contaminants. A pressurized fluid, usually compressed air, or a centrifugal wheel is used to propel the blasting material (often called the media).

There are several types of the process, using various media; some are highly abrasive, whereas some others are milder. The most abrasive ones are shot blasting (with metal shot) and sandblasting (with sand). Moderately abrasive types include glass bead blasting (with glass beads) and media blasting with ground-up plastic stock or walnut shells and corncobs.

The milder version is soda-blasting (with baking soda). At the same time, there are alternatives that are barely abrasive or nonabrasive, such as ice blasting and dry-ice blasting. We have an in-house painting specialist team to ensure top blast and paint quality in the market that complies with the major Oil & Gas industry standard requirements.

Conclusion

These are the metal structure design and fabrication steps we take. If you ever need metal structure design and fabrication services, we are more than happy to help. We are mainly based in Miri, Sarawak (East Malaysia), but we do have offices based in Bintulu, Sarawak and Kuala Lumpur. If you ever need metal structure design and fabrication services, do not hesitate to contact us.

Articles That May Interest You

Common Types of Engineering Services You Can Find With TKR Engineering

Customizable Lifting Services Available At TKR Engineering

New Service in Town: Prokil Pest (Pest Control Service)

Common Types of Engineering You Can Find

11 November, 2020

By Lydia0civil engineering, east malaysia, malaysia, mechanical engineering, miri, sarawak, TKR engineering, types of engineering

A Quick Guide of the Kinds of Engineering Services We Provide

There are a huge variety of engineering you can find. Different types of engineering usually provide different kinds of services in different sectors. In all its essence, engineering basically means:

Engineering is the application of science and math to solve problems. Engineers figure out how things work and find practical uses for scientific discoveries. Scientists and inventors often get the credit for innovations that advance the human condition, but it is engineers who are instrumental in making those innovations available to the world.

Source: Live Science

We live on a planet that is filled with different kinds of engineering. It’s pretty telling as buildings require civil engineering. Boats and marine vessels require some form of mechanical engineering and marine engineering. Cars require mechanical engineering as much as roads require civil engineering. The things we use on a daily basis require some form of engineering.

Here are some of the most common engineering types you can find:

Mechanical engineering
Electrical engineering
Civil engineering
Chemical engineering
Industrial engineering
Marine engineering

There are many more kinds of engineering that you can find. Each engineering serves their respective fields accordingly. Some engineering types are needed more than the others. Whereas some others do not.

Common Types of Engineering

TKR Types of Engineering — Infographics copyrighted for TKR ENGINEERING

Let’s have a look at some of the most common, if not more popular kinds of engineering.

Civil Engineering

Civil engineering is perhaps the most popular and common engineering types you can ever find.

TKR Engineering is one of the engineering firms in Miri that provides civil engineering services. Civil engineering is definitely one of the most common engineering services you can find. Many industries need civil engineering for various reasons.

You can find industries that commonly need civil engineers and their services. Especially in the oil and gas sector, construction sector, and many more. It’s one of the most sought-after engineering categories across many industries.

However, keep in mind that the supply and demand of each engineering categories differ from country to country. It also depends on the supply and demand internationally, regionally, and locally. That means, sometimes there may be a spike in needing a civil engineer. Some other time, the country or region may not need any civil engineers at all.

What Do Civil Engineers Usually Do?

Civil engineering is not all about fancy buildings. Although it’s true that civil engineers are responsible for some of the most jaw-dropping infrastructures in the world. Infrastructures such as the Sydney Opera House, The Shard, among other famous landmarks.

However, civil engineering is also about maintaining and adapting the infrastructure that we use on a daily basis – our roads, railways and bridges; energy and water supply; waste networks and flood defences. Civil engineers have to maintain those infrastructures running effectively and adapt it to meet challenges, such as population growth, climate change and natural disasters.

They must also find creative ways to deliver the infrastructure as needed when there is little money in the bank to pay for it. In simple words, civil engineers have to come up with solid solutions to complex problems and implement them accordingly. They literally shape the planet we live in. There are many different specializations within civil engineering, including environmental, structural, municipal, transport and geotechnical.

There are two kinds of civil engineering within the various specialisms:

Civil engineering consultants who emphasise on design work and generally spend more time in the office or working with their clients.
Civil engineer contractors who are more involved with keeping an eye on the physical construction and are usually based on-site.

Both are challenging environments, and all civil engineers are needed to be innovative and logical individuals. Other indispensable attributes civil engineers need include: creativity, versatility, a problem-solving mind, and the ability to understand the bigger picture and to cooperate with a number of other professionals.

Characteristics of Civil Engineering

Civil engineers need a broad skill set. One of the most critical rudiments to succeeding is project management. Some plans can be drawn in relative remoteness; however, it is bringing plans to life that needs a team. A civil engineer is the leader of such a team. Where team members’ individual work encounters with that of others, the civil engineer makes sure it all fits together.

All the skills that have to be taken to any project have to be applied to public works projects. Civil engineers hold others accountable while making sure that a public works project is completed on time, on budget and up to quality expectations.

Civil engineers are supposed to be great problem solvers. When documented plans do not go hand in hand with reality, civil engineers will then devise solutions that keep within a project’s framework. They answer questions about the ongoing project when those performing parts of the project need clarification.

Skills That Civil Engineers Need

The ability of advanced mathematics is essential to civil engineering. Geometry and calculus are clear necessities. For obvious reasons, computer programs can solve equations in a matter of a few seconds. However, civil engineers must know what those figures entail and apply them to plans. Laymen and regular people outside the core group working on a public works project do not understand these mathematical areas to the extent any civil engineers do. However, those who make conclusions about a public works project’s direction understand business math.

Civil engineers offer cost estimates and devise budgets. They need acceptance from decision-makers on the finance side of things. This is so that they can actually put their geometry and calculus skills to creative use.

Designated officials and public administrators pay more attention to projects they support financially than to those merely occurring in their geographical proximity. For example, a city council is aware of road projects going on in the county, however, they are involved in road projects within the city limits.

Mechanical Engineering

One of the most miscellaneous and versatile engineering fields, mechanical engineering is the study of objects and systems in motion. That being said, the field of mechanical engineering touches virtually on every aspect of modern life, including the human body.

The role of a mechanical engineer is to take a product from an idea to the market. To achieve this, the mechanical engineer must be able to determine the forces and thermal environment that the product, its parts, or its sub-systems will experience. They are to design them for functionality, aesthetics, and durability. Mechanical engineers also have to determine the best manufacturing approach that will ensure operation without catastrophe.

Mechanical engineers play important roles in a wide range of industries including the following:

Automotive
Aerospace
Biotechnology
Computers
Electronics
Microelectromechanical systems
Energy conversion
Robotics and automation
Manufacturing

The American Society of Mechanical Engineers (ASME) currently lists up to 36 different technical divisions, from advanced energy systems and aerospace engineering to solid-waste engineering and textile engineering.

The breadth of mechanical engineering chastisement allows students a variety of career choices beyond the industries listed above. Regardless of the precise path, they envisage for themselves, a mechanical engineering education authorizes students with creative thinking skills to design an exciting product or system. They have analytical tools to attain their design goals. They also have the ability to overcome all restrictions. At the same time, they also have the teamwork needed to design, market, and yield a system. These valuable skills can be used to launch careers in many other fields, such as medicine, law, consulting, management, banking, and finance.

What Exactly is Mechanical Engineering?

Technically, mechanical engineering is the application of the principles and problem-solving techniques from design to manufacturing to the marketplace for any object. Mechanical engineers assess their work using the principles of motion, energy, and force, making sure that designs function safely, efficiently, and reliably, all at a competitive cost.

Mechanical engineers do make a difference. That’s because of mechanical engineering careers centre around creating technologies to meet your everyday human needs. Virtually every product or service in modern society has probably been touched in some way by a mechanical engineer to help us. This includes solving today’s problems and creating future resolutions in health care, energy, transportation, space exploration, climate change, and more.

Being deep-seated in many challenges and innovations across many fields means a mechanical engineering education is versatile. To meet this broad request, mechanical engineers may design a module, a machine, a system, or a process. This ranges from the macro to the micro, from the largest systems like cars and satellites to the smallest components like sensors and switches. Anything that requires to be manufactured – anything with moving parts – needs the knowledge of a mechanical engineer.

What Do They Do?

Mechanical engineering syndicates creativity, knowledge and analytical tools to complete the difficult task in shaping an idea into realism. This alteration happens at a personal scale, affecting human lives on a level we can reach out and touch like robotic prosthetic devices. It happens on a resident scale, affecting people in community-level spaces, like with nimble unified microgrids. And it happens on much larger scales, like with advanced power systems, through engineering that operates nationwide or across the planet.

Mechanical engineers have a massive range of opportunity and their education reflects this breadth of subjects. Students concentrate on one area while consolidating analytical and problem-solving skills applicable to any engineering situation.

Disciplines within mechanical engineering include the following:

Acoustics
Aerospace
Automation
Automotive
Autonomous Systems
Biotechnology
Composites
Computer-Aided Design (CAD)
Control Systems
Cybersecurity
Design
Energy
Ergonomics
Human health
Manufacturing and additive manufacturing
Mechanics
Nanotechnology
Production planning
Robotics
Structural analysis

Technology itself has also shaped how mechanical engineers’ function and the suite of tools have grown quite powerful in recent years. Computer-aided engineering (CAE) is a broad term that covers anything from typical CAD methods to computer-aided manufacturing to computer-aided engineering, involving limited element analysis (FEA) and computational fluid dynamics (CFD). These tools and others have additionally broadened the horizons of mechanical engineering.

A Career in Mechanical Engineering

Society pretty much depends on mechanical engineering. The need for this knowledge is great in so many fields and there is no real limit for the freshly graduated mechanical engineer. Jobs are often in demand, particularly in the automotive, aerospace, electronics, biotechnology, and energy businesses.

In statics, research focuses on how forces are spread to and throughout a structure. As soon a system is in motion, mechanical engineers look at subtleties, or what speeds, accelerations and resulting forces come into play. Kinematics then scrutinizes how a mechanism behaves as it moves through its range of movement.

Resources science delves into defining the best materials for different usages. A part of that is its strength, which is indispensable for many construction, automobile, and medical materials.

How energy gets transformed into useful power is the heart of thermodynamics, as well as determining what energy is lost in the procedure. One specific kind of energy, heat transfer, is crucial in many usages and need gathering and analysing temperature data and deliveries. Fluid mechanics, which also has a diversity of applications, look at many properties including pressure reduction from fluid flow and aerodynamic drag forces.

Manufacturing is an imperative step in mechanical engineering. Within the field, researchers examine the best processes to make manufacturing more effectual. Laboratory methods focus on refining how to measure both thermal and mechanical engineering products and processes. At the same time, machine design grows equipment-scale processes while electrical engineering focuses on circuitry. All this equipment provides vibrations, another field of mechanical engineering, in which researchers find out how to predict and control vibrations.

Engineering economics makes mechanical designs pertinent and usable in the real world by guesstimating manufacturing and life cycle costs of materials, designs, and other engineered products.

Skills Needed for Mechanical Engineering

The core of engineering is problem-solving. With this at its core, mechanical engineering also needs applied creativity – a hands-on understanding of the work involved. All that along with strong interpersonal skills like networking, leadership, and conflict organization. Creating a product is only part of the calculation; knowing how to work with people, ideas, data, and economics completely make a mechanical engineer.

Key Takeaway for Mechanical Engineering

Breakthroughs in materials and analytical tools have made way for new frontiers for mechanical engineers. Nanotechnology, biotechnology, amalgams, computational fluid dynamics (CFD), and acoustic engineering have all extended the mechanical engineering toolbox.

Nanotechnology allows for the engineering of materials on the tiniest of scales. With the ability to design and manufacture down to the rudimentary level, the likelihoods for objects grows immensely. Composites are another area where the operation of materials allows for new manufacturing opportunities. By uniting materials with different characteristics in ground-breaking ways, the best of each material can be employed and new answers found for different types of engineering.

CFD provides mechanical engineers with the opportunity to study multifaceted fluid flows analysed with procedures. This allows for the modelling of circumstances that would previously have been impossible. Acoustical engineering inspects vibration and sound, providing the opportunity to decrease noise in devices and increase competence in everything from biotechnology to architecture.

Marine Engineering

Marine engineering is perhaps one of the less-talked-about engineering categories. However, that does not mean it does not exist as types of engineering. A lot of people may think that marine engineering isn’t as important or common as some other engineering categories. Well, they are obviously wrong when it comes to different types of engineering!

Marine engineering has played many vital and substantial roles across many sectors. We are here to enlighten you on what marine engineering is, and what it is for. Read on to find out what it is.

Why You Need Marine Engineers

Marine engineers are people who make and repair boats, underwater crafts, offshore platforms, and drilling equipment. They also design, build, and test ships, boats, and other marine entities.

At the same time, it is normal for them to work closely with naval architects to design small yachts, fishing boats, submarines, and aircraft carriers.

They may sometimes even have to work closely with ocean engineers. In quick summary, marine engineering is a lot like ocean engineering, but with a mix of other engineering types. It is a combination of classical engineering types like civil engineering, mechanical engineering, and electrical engineering. What separates marine engineers is their ability to solve complicated problems. These include hydrodynamics, marine acoustics, offshore engineering, marine robotics and naval architecture.

Common Skills Used By Marine Engineers

Marine engineers are expected to know and learn a wide range of skills to stay relevant in the market. Here are some of the core skills your typical marine engineer should have:

Science
Physics
Chemistry
Math
IT skills (so they can use AutoCAD design software)
Soft skills that are good for marine engineers to have to stay in their field:
Problem-solving
Communication
Time management
Leadership

Where Do Marine Engineers Usually Work At?

upstream downstream oil and gas industry — Images via Pixabay

Marine Engineers stereotypically work offshore – oilrigs and ships mostly. That stereotype may be true, but it doesn’t mean that there are no offshore jobs for them. Here are some common marine engineering jobs you can find:

Merchant vessels
Navy vessels where you are able to combine your naval career with your technical experiences
Shipping equipment manufacturers
Oil industries

People generally can understand that not everyone wants to work offshore. To some people, going offshore is a complete put off to them. That being said, here are some onshore jobs that marine engineers can work at:

Hotels that have sea vessels in their services
Government organizations
Shipping companies
Training other marine engineers
Marine engineering firms
Boatbuilders

Key Takeaway For Marine Engineering

Marine engineering is an important aspect of engineering. It may not be the most popular aspect but still is important nonetheless. Its salary is relatively high, albeit not as high as what some other types of engineering.

The demand for marine engineering isn’t exactly as popular or high. Compared to civil engineering and mechanical engineering, marine engineering is moderate in demands. However, you will need to assess the market for marine engineering too. Like every market demand for professionals, not every country will need marine engineers. You will need to see for yourself if your country has a need for marine engineers.

Conclusion

The bottom line is that there are so many kinds of engineering you can find. Each has varying degrees of importance and usefulness to our society. The key takeaway is that civil engineering and mechanical engineering are some of the most common types of engineering. You can commonly find them in many sectors across many sectors.

If you ever need engineering services, do not hesitate to contact us. We will be happy to help and provide you with the necessary engineering services you need.

Articles That May Interest You

Custom Fabricated Lifting Services With TKR Engineering

Why You Need Container Rental Services!

Upstream and Downstream Oil and Gas Production

Custom Fabricated Lifting Services - A Mini Info Article

06 November, 2020

By Lydia0Custom Fabricated Lifting Service, malaysia, miri, sarawak, TKR engineering

Custom Fabricated Lifting Services Readily Available

Lifting Services with TKR Engineering — Image via Canva/Pixabay

Lifting services is pretty much an essential service for a lot of industries with heavy item movement. Many shipping companies will find itself needing such lifting services. Lifting super heavy items can be dangerous. However, it’s more dangerous that you use the wrong lifting gears when transporting large loads.

TKR Engineering is here to provide you with the relevant and correct lifting services. Our wire rope slings are tested foolproof. It is able to lift twice the safe working load limit upon fabrication. Our lifting services is certifiable through a quality control system. Those met the ISO standards for lifting equipment. Among the machines used are clamping machines and test benches.

Lifting Gear Supply

We provide several kinds of lifting gear supplies. Here are some of the varieties we offer.

Wire Rope Sling

Wire rope sling is perhaps a common lifting entity found across many, if not all lifting service companies. Slings often use wire ropes because of its strength, durability, abrasion resistance. Also, for its ability to conform to the shape of the loads people use it for. In addition, wire rope slings are able to lift hot items.

Wire rope slings can be made of ropes with either Independent Wire Rope Core (IWRC) or a fibre-core. You should know that a fibre-core sling is usually more flexible. However, it is less impervious to environmental damage. Contrarywise, a core that is made of a wire rope strand tends to have superior strength. They are more resistant to heat damage.

Wire rope may be factory-made using different rope lays. The lay of a wire rope describes the direction the wires and strands are twisted during the building of the rope. Most wire rope is right lay or regular lay. This type of rope has the broadest range of applications. Wire rope slings may be factory-made. Other wire rope lays at the recommendation of the sling manufacturer or a capable person.

Wire rope slings are made from numerous grades of wire rope. However, the most common grades in use are Extra Improved Plow Steel (EIPS) and Extra Extra Improved Plow Steel (EEIPS). These wire ropes are manufactured and tested in unity with ASTM guidelines. If other grades of wire rope are perused, use them in agreement with the manufacturer’s recommendations and guidance.

When selecting a wire rope sling to give the best service, consider four characteristics. They are: strength, ability to bend without distortion, ability to withstand abrasive wear, and ability to withstand abuse.

Other Common Lifting Gear Supply

Chain Links TKR Engineering — Image via Canva/Pixabay

Besides providing wire rope slings, we also supply a comprehensive range of high-quality lifting equipment to fit every imaginable purpose. Most of our product are available for buying such as:

Webbing Sling: Webbing slings are usually made of polyester. They are made to lift heavy loads. Many polyester webbing slings are suitable to lift loads from 0 tonnes to 6 tonnes. Webbing slings are flexible, lightweight and have a wide bearing surface. Which is good because it helps protect the load you are lifting. Webbing slings are the most popular variety of slings. Their stretchy characteristics help reduce shock loading problems.

Masterlink: Also known as a masterlink or masterlink assembly. A masterlink are usually used as end piece on a sling or to amass a 2, 3 or 4-leg sling construction.

Chain Blocks: Chain block is a device used to lift and lower heavy loads using a chain. Chain blocks contain 2 wheels which the chain is coiled around. When the chain is pulled, it winds around the wheels and begins to lift the element that is attached to the rope or chain. They did it by using a hook. Chain Blocks can also be attached to lifting slings or chain bags to boost the load more evenly.

Level Blocks: A levelling block is like a mini ramp for your tires to take a breather. Most are stereotypically made of plastic. Many are intended to stack up and connect with each other to form a graduated series of flat surfaces for parking a tire. Some people use wood or concrete blocks for levelling. However, both are porous materials that can break when they come in contact with moisture. Furthermore, plastic blocks are often easier to store, clean, and carry.

We also provide chains, thimbles, ferrule, shackles and many other lifting aids.

Testing and Inspection

TKR Engineering Lifting Gear Supply — Images copyright for TKR Engineering

Lifting equipment means nothing without testing and inspection. Safe and successful lifting operations mostly depend on the safety of lifting equipment used. Non-destructive test (NDT) and load test can be done on containers, equipment and structure.

Conclusion

The bottom line is that we do indeed provide custom fabricated lifting services. In conclusion, we provide custom fabricated lifting services to whoever needs it. We made sure that the custom fabricated lifting services ropes we made are thoroughly tested for safety. Should you ever need custom lifting services, feel free to give us a call.

Articles That May Interest You

Marine and Offshore Safety With TKR Engineering

Mechanical Engineering with TKR Engineering

Civil Engineering with TKR Engineering

Marine And Offshore Safety: TKR Engineering

22 October, 2020

By Lydia0east malaysia, malaysia, Marine And Offshore Safety, maritime, miri, offshore, PPE, procedures, safety, sarawak, SOP, TKR engineering

.Marine and offshore safety are perhaps one of those areas that aren’t talked about a lot. Perhaps it’s one of those “less glam” parts of the industry. But it’s needed nonetheless. We are here to talk about safety in marine and offshore rigs.

Last year 2^nd September 2019, a 75 feet long diving vessel Conception anchored in Platts harbour, Santa Cruz Island. On it was 33 passengers and 6 crew members. The boat caught fire in the early hours of the morning. All passengers and 1 crewmember died of smoke inhalation after being trapped in the berthing area.

Somehow the smoke and heat detectors are not interconnected on the boat. Not especially across all its passenger areas.

“The Conception may have passed all Coast Guard inspections, but that did not make it safe,” said NTSB Chairman Robert L. Sumwalt, whose team investigated the burned boat. “Our new recommendations will make these vessels safer, but there is no rule change that can replace human vigilance.”

The NTSB has later on called for all vessels similar to the Conception with overnight accommodations to be required to have interconnected smoke detectors installed in all passenger areas. It also recommended that a secondary means of escape lead into a different space than the primary exit, just in case a single fire blocks both escape paths. The NTSB also called on the U.S. Coast Guard to come up with and implement an inspection program to verify that roving patrols are conducted – as needed – for the safety of sleeping passengers and crew.

Call For Better Offshore Safety Efforts

NTSB investigators found the non-appearance of a required roving patrol on the Conception that has most likely delayed the initial detection of the fire. This further allowed for its growth, precluded firefighting and evacuation efforts. It also directly led to the high number of fatalities in the accident.

Having said all that, it simply means that safety precautions have to be taken on your boats, ships, offshore rigs, etc. It does not limit to just one entity, but a few. At the same time, even though the above incident happens at a private boat does not mean it will not happen on industrial ones.

Role of International Marine Contractors Association (IMCA)

The International Marine Contractors Association (IMCA), based in London, has published Basic Safety Training Requirements for Personnel Employed in the Offshore Renewable Energy Sector.

It provides standard basic safety training requirements for enclosure at contract awards stage. It covers those who are employed on-board vessels during the construction and maintenance support phases of offshore renewable energy projects. The new guidance document includes a vital matrix to aid precision and concise information for the sector.

The ‘Basic Safety Training Matrix’ outlines the minimum level of health and safety training, and medical fitness that is needed to work on (and from) vessels engaged on an offshore renewable energy project. It was designed by a working group of IMCA’s Marine Renewable Energy Committee chaired by Marc van Dorth from Seaway 7. The group also comprised of members from IMCA’s Diving, Marine, ROV and Offshore Survey Committees and the document is published as an IMCA Competence & Training Guideline.

Need For Standardised Basic Level of Safety Training

Captain Andy Goldsmith, Technical Adviser – Marine at IMCA explained, “All workers and mariners require a basic level of training prior to the commencement of work in the offshore renewable energy industry. The new document is designed to eliminate confusion and duplication of basic training. It can be costly in terms of both time and financial investment. It also affects the morale of marine contractor personnel.”

He further states, “The matrix, which was finalised in consultation with major developers such as Ørsted and Vattenfall greatly aids clarity for the sector. It ensures that clearly defined safety measures can be put in place right at the start of every offshore renewable energy project. This is by showing the basic safety training requirements depending on where an offshore worker is located.

“The working patterns and environment for personnel employed in a vessel are significantly different from personnel deployed directly from onshore to an offshore structure. Therefore, basic safety training requirements cannot be generalised and are different for both groups of personnel.”

IMCA stresses that the basic safety training is only one component of an individual’s competency requirement. The matrix does not detail training needed by individuals to be competent in the role for which they have been employed.

Ways You Can Prevent Offshore Hazards

Here are some ways that you can help prevent offshore hazards at oil rigs and/or boats (industrial or private, otherwise). Even though you may not be a professionally trained safety officer, you can still follow these few safety simple steps.

a. Actively peruse PPE that is provided

If your job is a high-risk job, and it requires PPE, then you should be using your PPE were provided (by your company). If your company does not provide the right PPE sets, then do so by pressuring your company in providing the right ones. Anything for keeping your safety at your work stations in regular check.

b. Follow workplace safety operation procedure (SOP)

Every company, work stations, offices usually have their own safety SOPs in place. Having said that, it’ll be wise to follow accordingly. It’ll be advisable for companies to run safety training from time to time. Just in case workplace accidents happen suddenly.

c. Keeping your workplace as hazard-free as possible

Sometimes it’s following the simplest rule or keeping your workplace clean and tidy that helps. Things like keeping flammable items away from fire or high heat, placing liquids in proper containers/bottles, and more that helps.

Conclusion

The bottom line is that safety in the maritime and offshore locations are just as important. It may be talked about a lot, but it really is as important.

Articles That May Interest You

Mechanical Engineering with TKR Engineering

Civil Engineering with TKR Engineering

Marine Engineering with TKR Engineering

Mechanical Engineering With TKR Engineering

15 October, 2020

By Lydia0mechanical engineering, TKR engineering

One of the most miscellaneous and versatile engineering fields, mechanical engineering is the study of objects and systems in motion. That being said, the field of mechanical engineering touches virtually on every aspect of modern life, including the human body.

The role of a mechanical engineer is to take a product from an idea to the market. To achieve this, the mechanical engineer must be able to determine the forces and thermal environment that the product, its parts, or its sub-systems will experience. They are to design them for functionality, aesthetics, and durability. Mechanical engineers also have to determine the best manufacturing approach that will ensure operation without catastrophe.

Mechanical engineers play important roles in a wide range of industries including the following:

Automotive
Aerospace
Biotechnology
Computers
Electronics
Microelectromechanical systems
Energy conversion
Robotics and automation
Manufacturing

The breadth of mechanical engineering chastisement allows students a variety of career choices beyond the industries listed above. Regardless of the precise path, they envisage for themselves, a mechanical engineering education authorizes students with creative thinking skills to design an exciting product or system; analytical tools to attain their design goals; the ability to overcome all restrictions; and the teamwork needed to design, market, and yield a system. These valuable skills can be used to launch careers in many other fields, such as medicine, law, consulting, management, banking, and finance.

What Exactly is Mechanical Engineering?

Buildings - Civil Engineering Services - TKR Engineering — Images via Canva

Technically, mechanical engineering is the application of the principles and problem-solving techniques from design to manufacturing to the marketplace for any object. Mechanical engineers assess their work using the principles of motion, energy, and force, making sure that designs function safely, efficiently, and reliably, all at a competitive cost.

Mechanical engineers do make a difference. That’s because of mechanical engineering careers centre around creating technologies to meet your everyday human needs. Virtually every product or service in modern society has probably been touched in some way by a mechanical engineer to help us. This includes solving today’s problems and creating future resolutions in health care, energy, transportation, space exploration, climate change, and more.

Being deep-seated in many challenges and innovations across many fields means a mechanical engineering education is versatile. To meet this broad request, mechanical engineers may design a module, a machine, a system, or a process. This ranges from the macro to the micro, from the largest systems like cars and satellites to the smallest components like sensors and switches. Anything that requires to be manufactured – anything with moving parts – needs the knowledge of a mechanical engineer.

What Do They Do?

Mechanical engineering syndicates creativity, knowledge and analytical tools to complete the difficult task in shaping an idea into realism. This alteration happens at the personal scale, affecting human lives on a level we can reach out and touch like robotic prosthetic devices. It happens on the resident scale, affecting people in community-level spaces, like with nimble unified microgrids. And it happens on much larger scales, like with advanced power systems, through engineering that operates nationwide or across the planet.

Mechanical engineers have a massive range of opportunity and their education reflects this breadth of subjects. Students concentrate on one area while consolidating analytical and problem-solving skills applicable to any engineering situation.

Disciplines within mechanical engineering include the following:

Acoustics
Aerospace
Automation
Automotive
Autonomous Systems
Biotechnology
Composites
Computer-Aided Design (CAD)
Control Systems
Cybersecurity
Design
Energy
Ergonomics
Human health
Manufacturing and additive manufacturing
Mechanics
Nanotechnology
Production planning
Robotics
Structural analysis

Technology itself has also shaped how mechanical engineers’ function and the suite of tools have grown quite powerful in recent years. Computer-aided engineering (CAE) is a broad term that covers anything from typical CAD methods to computer-aided manufacturing to computer-aided engineering, involving limited element analysis (FEA) and computational fluid dynamics (CFD). These tools and others have additionally broadened the horizons of mechanical engineering.

A Career in Mechanical Engineering

Society pretty much depends on mechanical engineering. The need for this knowledge is great in so many fields and there is no real limit for the freshly graduated mechanical engineer. Jobs are often in demand, particularly in the automotive, aerospace, electronics, biotechnology, and energy businesses.

In statics, research focuses on how forces are spread to and throughout a structure. As soon a system is in motion, mechanical engineers look at subtleties, or what speeds, accelerations and resulting forces come into play. Kinematics then scrutinizes how a mechanism behaves as it moves through its range of movement.

Resources science delves into defining the best materials for different usages. A part of that is its strength, which is indispensable for many construction, automobile, and medical materials.

How energy gets transformed into useful power is the heart of thermodynamics, as well as determining what energy is lost in the procedure. One specific kind of energy, heat transfer, is crucial in many usages and need gathering and analysing temperature data and deliveries. Fluid mechanics, which also has a diversity of applications, look at many properties including pressure reduction from fluid flow and aerodynamic drag forces.

Manufacturing is an imperative step in mechanical engineering. Within the field, researchers examine the best processes to make manufacturing more effectual. Laboratory methods focus on refining how to measure both thermal and mechanical engineering products and processes. At the same time, machine design grows equipment-scale processes while electrical engineering focuses on circuitry. All this equipment provides vibrations, another field of mechanical engineering, in which researchers find out how to predict and control vibrations.

Engineering economics makes mechanical designs pertinent and usable in the real world by guesstimating manufacturing and life cycle costs of materials, designs, and other engineered products.

Skills Needed

The core of engineering is problem-solving. With this at its core, mechanical engineering also needs applied creativity – a hands-on understanding of the work involved. All that along with strong interpersonal skills like networking, leadership, and conflict organization. Creating a product is only part of the calculation; knowing how to work with people, ideas, data, and economics completely make a mechanical engineer.

Conclusion

Breakthroughs in materials and analytical tools have made way for new frontiers for mechanical engineers. Nanotechnology, biotechnology, amalgams, computational fluid dynamics (CFD), and acoustic engineering have all extended the mechanical engineering toolbox.

Nanotechnology allows for the engineering of materials on the tiniest of scales. With the ability to design and manufacture down to the rudimentary level, the likelihoods for objects grows immensely. Composites are another area where the operation of materials allows for new manufacturing opportunities. By uniting materials with different characteristics in ground-breaking ways, the best of each material can be employed and new answers found.

CFD provides mechanical engineers with the opportunity to study multifaceted fluid flows analysed with procedures. This allows for the modelling of circumstances that would previously have been impossible. Acoustical engineering inspects vibration and sound, providing the opportunity to decrease noise in devices and increase competence in everything from biotechnology to architecture.

Articles That May Interest You

Civil Engineering Services in Miri

Marine Engineering Services in Miri

[Infographics] Types of Engineering

Civil Engineering Services Miri

08 October, 2020

By Lydia0borneo, civil engineering, civil engineering services miri, malaysia, miri, sarawak, TKR engineering

TKR Engineering is one of the engineering firms in Miri that provides civil engineering services. Civil engineering is definitely one of the most common engineering services you can find. Many industries need civil engineering for various reasons.

You can find industries that commonly need civil engineers and their services. Especially in the oil and gas sector, construction sector, and many more. It’s one of the most sought-after engineering categories across many industries.

However, keep in mind that the supply and demand of each engineering categories differ from country to country. It also depends on the supply and demand internationally, regionally, and locally. That means, sometimes there may be a spike in needing a civil engineer. Some other time, the country or region may not need any civil engineers at all.

What Civil Engineers Do

Civil engineering is not all about fancy buildings. Although it’s true that civil engineers are responsible for some of the most jaw-dropping infrastructures in the world. Infrastructures such as the Sydney Opera House, The Shard, among other famous landmarks.

However, civil engineering is also about maintaining and adapting the infrastructure that we use on a daily basis – our roads, railways and bridges; energy and water supply; waste networks and flood defences. Civil engineers have to maintain those infrastructures running effectively and adapt it to meet challenges, such as population growth, climate change and natural disasters.

They must also find creative ways to deliver the infrastructure as needed when there is little money in the bank to pay for it. In simple words, civil engineers have to come up with solid solutions to complex problems and implement them accordingly. They literally shape the planet we live in. There are many different specializations within civil engineering, including environmental, structural, municipal, transport and geotechnical.

There are two kinds of civil engineering within the various specialisms:

Civil engineering consultants who emphasise on design work and generally spend more time in the office or working with their clients.
Civil engineer contractors who are more involved with keeping an eye on the physical construction and are usually based on-site.

Both are challenging environments, and all civil engineers are needed to be innovative and logical individuals. Other indispensable attributes civil engineers need include: creativity, versatility, a problem-solving mind, and the ability to understand the bigger picture and to cooperate with a number of other professionals.

Civil Engineering Characteristics

Civil engineers need a broad skill set. One of the most critical rudiments to succeeding is project management. Some plans can be drawn in relative remoteness; however, it is bringing plans to life that needs a team. A civil engineer is the leader of such a team. Where team members’ individual work encounters with that of others, the civil engineer makes sure it all fits together.

All the skills that have to be taken to any project have to be applied to public works projects. Civil engineers hold others accountable while making sure that a public works project is completed on time, on budget and up to quality expectations.

Civil engineers are supposed to be good problem solvers. When documented plans do not go hand in hand with reality, civil engineers will then devise solutions that keep within a project’s framework. They answer questions about the ongoing project when those performing parts of the project need clarification.

Civil Engineering Services: In Need of Solid Skills

The ability of advanced mathematics is essential to civil engineering. Geometry and calculus are clear necessities. For obvious reasons, computer programs can solve equations in a matter of a few seconds. However, civil engineers must know what those figures entail and apply them to plans. Laymen and regular people outside the core group working on a public works project do not understand these mathematical areas to the extent any civil engineers do. However, those who make conclusions about a public works project’s direction understand business math.

Engineering projects often have many governmental units involved. Work on an interstate highway can involve entities in federal, state and local governments. On some projects, there can be more than one government organization that provides financial support. Designated officials and public administrators pay more attention to projects they support financially than to those merely occurring in their geographical proximity. For example, a city council is aware of road projects going on in the county, however, they are involved in road projects within the city limits.

Conclusion

Civil engineering is definitely one of the most important engineering branches in the engineering sector. People need them to build infrastructures, buildings, and much other construction works. If you ever need civil engineering services in Miri, TKR Engineering is ready to help, provide, and work with you accordingly.

Articles That May Interest You

Types of Engineering

Steel Maintenance and Engineering

Marine Engineering and What It Is

[INFOGRAPHICS] Types of Engineering

05 October, 2020

By Lydia0infographics, malaysia, miri, sarawak, TKR engineering, types of engineering

Here are some common types of engineering you can find.

Articles That May Interest You

Container Rental is Bound to Make an Impact on Your Business

Fabricated Life Boat Cradle Services

How Well is Oil and Gas Prices Doing in Malaysia

Marine Engineering with TKR Engineering

24 September, 2020

By Lydia0borneo, engineering, engineering aspects, malaysia, marine engineering, miri, offshore, offshore life, onshore, sarawak, sea life, TKR engineering

Is Marine Engineering Ever Important?

Marine engineering is perhaps one of the less-talked-about engineering categories. However, that does not mean it does not exist. A lot of people may think that marine engineering isn’t as important or common as some other engineering categories. Well, they are obviously wrong!

Marine engineering has played many vital and substantial roles across many sectors. We are here to enlighten you on what marine engineering is, and what it is for. Read on to find out what it is.

Why You Need Marine Engineers

Marine engineers are people who make and repair boats, underwater crafts, offshore platforms, and drilling equipment. They also design, build, and test ships, boats, and other marine entities.

At the same time, it is normal for them to work closely with naval architects to design small yachts, fishing boats, submarines, and aircraft carriers.

They may sometimes even have to work closely with ocean engineers. In quick summary, marine engineering is a lot like ocean engineering, but with a mix of other engineering types. It is a combination of classical engineering types like civil engineering, mechanical engineering, and electrical engineering. What separates marine engineers is their ability to solve complicated problems. These include hydrodynamics, marine acoustics, offshore engineering, marine robotics and naval architecture.

Common Skills Used By Marine Engineers

Marine engineers are expected to know and learn a wide range of skills to stay relevant in the market. Here are some of the core skills your typical marine engineer should have:

Science
Physics
Chemistry
Math
IT skills (so they can use AutoCAD design software)

Soft skills that are good for marine engineers to have to stay in their field:

Problem-solving
Communication
Time management
Leadership

Where Do Marine Engineers Usually Work At?

Marine Engineering - TKR Engineering — Images via Pixabay

Marine Engineers stereotypically work offshore – oilrigs and ships mostly. That stereotype may be true, but it doesn’t mean that there are no offshore jobs for them.

Here are some common marine engineering jobs you can find:

Merchant vessels
Navy vessels where you are able to combine your naval career with your technical experiences
Shipping equipment manufacturers
Oil industries

People generally can understand that not everyone wants to work offshore. To some people, going offshore is a complete put off to them. That being said, here are some onshore jobs that marine engineers can work at:

Hotels that have sea vessels in their services
Government organizations
Shipping companies
Training other marine engineers
Marine engineering firms
Boatbuilders

Conclusion

Marine engineering is an important aspect of engineering. It may not be the most popular aspect, but still is important nonetheless. Its salary is relatively high, albeit not as high as what some other engineering aspects.

If you ever need any engineering services, we have them right here for you. Do not hesitate to contact us for any engineering services!

Articles That May Interest You

Container Rental is Bound to Make an Impact on Your Business

Fabricated Life Boat Cradle Services

How Well is Oil and Gas Prices Doing in Malaysia

Container Rental Service is Bound to Make an Impact on Your Business!

18 September, 2020

By Lydia0container rental services, customisation, engineering, exim, export import, shipping, TKR engineering, trade

TKR Engineering’s Mini-Guide to Getting The Best Container Rental Services

Most leading container shipping lines have their global network of services connecting some of the major international trade routes. They own sizeable fleet of containers of their own to meet their global business needs. However, it is neither practically acceptable nor cost-effective to maintain 100% own containers to do business for shipping purposes. Many shipping companies ensure pliability and the quickest access to container units in the anticipated location at the right time on demand. As such, many shipping companies prefer to keep a blend of owned and leased container that is available to them at that point in time.

The carriers may face a state of affairs where they have a shortage of containers at some locations or they may have a need of certain types of containers (Flat Racks, Open Tops, high cube GP 45ft/48ft etc) at other locations. The necessity to ensure the availability of container units as and when required is the leading consideration for many shipping companies to go for leasing. Having said that, leasing may be a suitable choice for the carriers to avoid the costs and problem of re-positioning their own units and also capital investment in container rental service. To respond to the unpredictable and multifaceted shipping market conditions, many company rental services try to maintain their own container stock in the range of 40% to 60% out of their clients’ total container fleet.

In all honesty, leasing is approximately 60 to 70% more expensive compared to ownership from an operational point of view. On the other hand, the size of container fleet handled by the pioneer Leasing companies like Textainer, Pacific Tycoon, CAI International, Triton, Florens, and among others, show their growing market share in the container leasing business internationally. This is because of the comparative business advantage of different lease choices provided by the world-class container rental service companies. Statistics show that in 2019, container rental service companies owned approximately 41% of the global container fleet. The remaining 59% are under the ownership of ocean carriers and other transport operatives.

Different Kinds of Container Rental Services

There are several kinds of container rental services. Here are the few main ones.

Master Lease

Master lease agreement is exclusive among the leasing choices as it permits a great amount of flexibility to the shipping line or other renters. A master lease is designed for a range of containers (maximum and minimum), the duration of the term is flexible (usually short to medium). Furthermore, the collection and return locations are generally more flexible and based on credits.

The leasing company is accountable for the full management of the container fleet (maintenance and repair) and for re-positioning following off-hire and contract conclusion. Under this agreement, the container rental service company acts as a logistics service provider as it has to allocate the distribution of its container assets in line with the container service renters’ transport strategies. This type of agreement permits full flexibility with respects to the location of the containers and as such helps the shipping line to plan and estimate their costs accordingly.

Long Term Lease

Long term rent (sometimes referred to as dry lease), is implemented for longer periods of time which varies between 5 to 8 years. The duration of the lease is equivalent to about 1/2 of the useful life of a container. Unlike a master lease, it does not include any management service by the container renting company. Long term leasing comes with a fixed number of containers and has a predetermined re-delivery timetable. Under this agreement, the container renter is responsible for all kinds of management of the containers during the contractual period. This includes maintenance and repairs and re-positioning. At the end of the schedule, the container renter can either renegotiate the terms for the lease’s extension or deliver the container to an agreed location.

Short Term Lease

Short term container renting (sometimes referred to as ad hoc or spot lease) is generally related with the renter’s temporary need for equipment. Its time frame may be for one way or round-trip service of a vessel. The prearrangement normally takes place when there is a provisional surge in demand either cyclical or unforeseen. Container rental service companies try to avoid having a large share of their equipment on the spot market as container rental fees are unpredictable and strongly influenced by the current global market conditions. During low demand periods, the risk exposure of short-term lease is high due to expected increase in the capacity of indolent equipment. The renter is responsible for re-positioning and repair of the equipment.

Container shipping companies need to build up a container inventory having a suitable blend of owned and leased containers which can help maximize utilization of the equipment for fulfilment of its growing business obligation. At the same time container units to be hired under a combined policy of master lease and long-term lease to get optimal flexibility for maximum utilization of the units as per the business plan of the container rental company.

Conclusion

Container Rental Services is definitely an important aspect when you are looking to transport items long-range by sea. If you ever need such services, do not hesitate to contact us. We are willing to accommodate your container rental service needs accordingly.

Articles That May Interest You

We Do Fabricated Life Boat Cradle!

How Well Is Oil and Gas Price Doing in Malaysia?

[News Rehash] Marine Link: Shipbreaking and Recycling a Ship Safely

How Well Is Oil and Gas Price Doing in Malaysia?

10 September, 2020

By Lydia02020 oil and gas price, coronavirus, news rehash, oil and gas industry, oil and gas price, oil and gas sector, pandemic, TKR engineering

Everyone knows that the oil and gas sector tend to be volatile. Its pricing is no different. We will often hear of the oil and gas sector staffs getting laid off. Or how the prices plunge to an all-time low. It’s volatile just like that.

Regardless of whichever industries, it tends to pick up. That is no exception to the oil and gas industry.

The novel Coronavirus has some hand in crashing the already-drowning oil prices. It has weakened not just the ever-tardy world economy, but it’ll certainly impact countries where they largely rely on oil and gas exports.

Oil and gas price has been running for less than US$100 per barrel since last year. As of 1 January 2020, this year gas price per litre only costs US$67.05. After the Coronavirus outbreak, prices dropped dramatically to US$30 per barrel. At one point it has even plunged to below US$0 per barrel. Imagine the huge loss the majority of oil and gas sectors and countries have suffered just from this.

Demand Shock Curtailed From The Oil and Gas Sector

Oil and Gas Sector Pricing 2020 TKR Blog post image — Images via Pixabay

To make matters worse, countries running on an oil and gas-dependent industry are also living a demand shock. Already at the beginning of the year, there were signs of an oil surplus – excess capacity in comparison to slower demand growth.

After the Covid-19 outbreak, the situation only worsens. The International Energy Agency estimates that, for the first time since 2009, the oil demand will fall compared to the previous year.

The Covid-19 has been showing to be not just highly contagious for human health, but also to the globalized economy. Countries and firms are reacting to the virus by quarantining people, getting staffs to work from home, cancelling events, among other things. These decisions are a direct hit to the transportation sector – which is the most oil intensive.

Approximately 29% of all energy consumption is used by the transportation sector and almost all of it (about 96%) comes from oil. The longer the virus is among people and social distancing measures are adopted, then oil price will still see an all-time low. It is one of the greatest impacts as a key consuming sector of the oil industry.

Helima Croft, global head of commodity strategy at RBC Capital Markets, talks about excess oil and gas storages in North America. She suggests keeping an eye on global oil and gas demands:

This is a really sort of interesting, unique story to the oil market. I mean, what has been hit the hardest by this pandemic has been vehicle traffic use. I mean, people are not flying. They are not driving. And so, this is a real story about storage filling up. … We’re expecting Cushing to reach tank tops by mid-May. I mean, there are other places that you can store this crude, potentially in, like, Louisiana, but until we get signs that U.S. gasoline demand is improving, that people are going to drive again, we are continuing to be very, very bearish on the demand outlook for oil. Now, there was this OPEC cut last week, this historic cut. There was a lot of focus on that. And that’s really sort of turning off the tap in the bathtub that’s overflowing, and so the situation would be far worse. But the problem is those cuts don’t take effect until May 1. There is still a lot of crude that is on the water right now that is going to refineries that do not need it. And so that is the challenge right now: Those OPEC cuts are not coming until May, a ton of crude on the water and demand continuing to collapse.

At the same time, Jonathan Golub, chief U.S. equity strategist for Credit Suisse, cautioned that some of the action-driving oil prices below zero were unreasonable:

There are some technical things going on with the futures contracts because they’re expiring and rolling over tomorrow, which makes this a little bit of an unreasonable read. If you look out further into the June contract or even the contracts that go out a year, they’re off, but they’re not off nearly as much. My concern, though, is that in general, lower oil — it’s not only about the energy sector, which is small, but it’s the impact that this is going to have on credit and banks and other sectors that lose money when these energy companies can’t pay their loans.

Will Oil Price Ever Recover? What Does That Mean For Malaysia?

Optimistically yes, but we should not raise our hopes. According to Bridget Welsh and Calvin Cheng, oil and gas price has been in deficit for the last few years. Even if it did raise, it does not mean it will reach beyond deficit numbers.

oil and gas deficit chart — Table credits to Bridget Welsh and Calvin Cheng. The same table can be seen on Malaysia Kini.

Perfecting Existing Problems

As a small producer and consumer of oil and gas, Malaysia has limited control to take on shifts in the oil and gas sector. It can be pro-active in using this crisis as an opportunity to re-equilibrate its economy, strengthen revenues, build stronger political cooperation over managing oil and gas, and offset the negative effects of the global pandemic and economic slowdown.

Malaysia Kini has offered three concrete suggestions for Malaysia to move forward:

1. Improve governance:Strengthen Petronas’ management by supporting leadership decisions that improves its capacity to be able to tackle economic difficulties ahead. A critical component of this is to improve Petronas’ transparency and public accountability. At the same time, it’s good for the entity to increase the professional oversight over the management of political funds beyond what the prime minister has to provide. It is significant to bring in more non-partisan professionals into oversight.
2. Increase engagement with stakeholders:Reach out to the states and vicinities that are in the front line of the negative effects of a contraction in oil and gas, assuring that they are appreciated stakeholders in the economic recovery process and will also receive their fair share of available profits. Using oil-related funds as a political tool will only escalate tensions and splinter politics further. Given the high level of poverty and tenacious infrastructure needs in the states with oil and gas, there has to be more presence and fairness in revenue distribution.
The federal government should evocatively engage in dialogue and consultations and respect all state governments to prevent further undercutting the economy and assuring political stability to manage continuing headwinds. Given the fractious nature of politics at both the federal and state level, it is vital to have broad discussions on deals made to include the opposition and public, as segregation will inevitably only serve to disseminate tensions over oil revenues.
3. Enhance revenue sustainability:To strengthen government revenues and reduce dependence on oil-related revenues including Petronas, the government needs to consider new procedures and revamp its fiscal system. Revenue sustainability strategies will ultimately pivot on broadening the tax base through increasing tax compliance, while increasing the coverage of existing indirect taxes. New kinds of taxes on capital gains, wealth, or the restoration of a consumption tax may eventually need to be considered – all keeping in mind that the recovery ahead for businesses and workers will be exciting and takes arduous time.

Conclusion

With all that being said, the oil and gas industry may see an increase in its price. However, do not expect to see it going beyond its sluggish deficits anytime soon.