2011 SINGAPORE SHIPPING ASSOCIATION / ANNUAL REVIEW 2010 Serving & Upholding SSA Annual Review 2010/2011 1 CONTENTS www.swire.com.sg Headquartered in Singapore - President’s Report - 3 Providing Integrated Services to Global Clients Council Members 2011/2013 - 7 Organisational Structure - 8 SSA Committees 2011/2013 - 9 Activities Report - 13 Port Statistics - 37 SSA Members - 38 Membership Particulars & Fleet Statistics - 42 - Listing of Ordinary Members - 43 - Listing of Associate Members - 89 Offshore Support SINGAPORE SHIPPING ASSOCIATION 59 Tras Street, Singapore 078998 Tel 6222 5238 I Fax 6222 5527 Email [email protected] Environmental Solutions Salvage Web www.ssa.org .sg Special thanks to our statistics contributors, advertisers, and the following companies for giving us permission to use their photographs: AET Tankers Pte Ltd, BW Maritime Pte Ltd, Epic Shipping (Singapore) Pte Ltd, Hong Lam Marine Pte Ltd, Jaya Holdings, Jurong Port Pte Ltd, Mentum.no, NTUC, Rickmers Trust Management Pte Ltd, Rickmers Shipmanagement (Singapore) Pte Ltd, Singapore Tourism Board, Swire Pacific Offshore Operations (Pte) Ltd, U.S. Naval Forces Central Command. This publication is published by the Singapore Shipping Association. No contents may be reproduced in part or in whole without the prior consent of the publisher. MICA (P) 054/07/2011 Wind Farm Installation Marine Seismic Support 2 SSA Annual Review 2010/2011 SSA Annual Review 2010/2011 3 PRESIDENT’S REPORT 2010/2011 ur he global economic climate today is very much an improved one as compared with the global economic recession experienced in 2009. Continued rapid OMission T economic developments and expansion in countries, such as China, India and Vietnam, have largely played key roles in maintaining buoyancy in the supply AS AN ASSOCIATION and demand of shipping services, particularly in Asia in the last one and a half years. The Association will protect and promote the interests of its For the most part of 2010, the shipping industry and seaborne trade have members. It will undertake activities on shipping matters which are beneficial to its members. recovered some of the lost grounds. Whilst many had assumed that the worst was over, we should be mindful that the global economy on the whole is still in a fragile FOR THE INDUSTRY state. Prospects for shipping in the near term remain difficult and uncertain, due The Association will take the view of the shipping industry as a whole. in particular to the significant size of the ship supply capacity and the impact of It will play its due role to promote the interests of shipping in Singapore, the demand/supply mismatch in the shipping markets. There are also many other ASEAN, Asia and the world. To do so, the Association will co-operate challenges looming in the horizon. with other shipping organisations, in ASEAN, Asia and elsewhere. The economic and debt situation in the US and some EU countries is still far from over. If this problem continues to be unresolved and soon, economists have forewarned that it may lead to another global downturn. Besides, we are also MR. S. S. TEO coming to grips with the tragic effects of the devastating earthquake and tsunami President which hit Japan in March this year. The ongoing political upheaval in the Middle East Singapore Shipping Association and North Africa is also another area of concern, especially if it brings disruption to East – West trade passing through the Red Sea. Already, we have witnessed higher commodity and energy prices. Crude oil prices were also exceptionally volatile over The shipping the past year. industry should Generally, the shipping industry is facing a period of substantial adjustment in ” maintain its the wake of the downturn in the world economy and slump in world trade, due course on an largely to events and developments not within our control. The shipping industry even keel and should maintain its course on an even keel and weather the rough seas as they weather the come. I am confident that we are well-placed to seize the opportunities that await rough seas as us. they come. ” THE INTERNAtiONAL SCENE Shipping is a global industry. Besides the depressed freight market, a number of issues have arisen which the Association had to pay full attention to in the past year. FOR SINGAPORE In particular, the Association has been very concerned with the ever-growing threat The Association will work closely with the government of Singapore of pirate attacks and ship hijacks by Somali pirates. We were also actively engaged in to protect the extensive maritime interests of Singapore and to issues relating to ongoing debates at the International Maritime Organisation (IMO) promote Singapore as a major port and international maritime centre. relating to the reduction of Greenhouse Gas (GHG) emission from ships. FOR INTERNATIONAL SHIPPING Our Association has expressed grave concern and great alarm at the ever- The Association will co-operate with governmental and non- increasing threat of attacks by Somali pirates as they extend their reach into the governmental organisations to promote freedom of the sea, safety at Arabian Gulf and greater Indian Ocean. Currently, whilst we are having our meeting, sea and to protect the marine environment. there are 14 merchant ships, 5 fishing vessels and 2 yachts with about 445 seafarers still held in captivity by armed gangs of Somali pirates, in appalling conditions, and subject to physical and psychological abuse. One of the victims, unfortunately, is a Singapore flag ship. Whilst the SSA is pleased that the Singapore government and other governments have contributed ships, personnel and air assets to the naval forces stationed in the region, the SSA continues to maintain that these are temporary stop-gap measures and are not sustainable in the longer term. Instead, the SSA is of the view that the 2 SSA Annual Review 2010/2011 SSA Annual Review 2010/2011 3 Photo courtesy of Jurong Port Pte Ltd On global warming... the SSA is strongly committed towards further reducing the emission of greenhouse gases from Singapore-registered ships world’s governments must exercise strong political will to the scale necessary for the modern world would not be address the root causes of the problem in Somalia itself. possible. On its part, the SSA is strongly committed towards further reducing the emission of greenhouse gases from Meanwhile, SSA members whose ships are transiting Singapore-registered ships, and is strongly committed the Gulf have been strongly advised to adopt the Best towards promoting sustainable, environmentally-friendly The Port of Singapore also maintained its position as one of the world’s The Port of Singapore Management Practices issued by industry organizations. shipping. As such, SSA continues to contribute to the busiest container ports, handling more than 28.4 million TEUs in 2010, showing a also maintained its In this regard, ship masters should make full use of the intense debate taking place at the IMO, with every intention strong recovery of almost 10% from 2009. position as one of the voluntary reporting systems implemented of promoting operational measures and by the naval forces operating in the region. The Singapore Registry of Ships (SRS) is among the top ten registries in the world’s busiest container Market Based Instruments (MBI) that will be SSA also acknowledges that individual world with a fleet of more than 3,950 vessels totaling 48.7 million gross tonnes. ports, handling more realistic, pragmatic and effective. SSA Member companies should adopt Besides having a young fleet, the SRS is well known as a quality registry with high than 28.4 million TEUs in standards. additional safety measures to protect the The Association continues to maintain 2010, showing a strong lives and well-being of their seafarers. The that the IMO should serve as the leading The bunkering industry in Singapore also performed relatively well, with more recovery of almost 10% Association wishes to caution that the use forum to develop pro-active and practical than 40.8 million tonnes of bunkers delivered in 2010, a 12% increase from 2009. from 2009. of security service providers is, however, regulatory measures aimed at further Collectively, Singapore’s achievements have reinforced Singapore’s role as an subject to individual company’s policy and reducing Greenhouse Gas emissions International Maritime Centre (IMC). risk assessment. from ships. Provisions should also be made to recognize and reward operators In South-East Asia, we are pleased to OUR ssOCIAtiON who voluntarily deploy sustainable and Y A note a significant drop in piracy incidents, environmentally friendly technology for their Over the past year, the SSA has been very active, and despite an increasingly due in no small part to the ongoing sea ships. difficult market, the Association’s membership saw an increase of 41 new members. and air patrols in the Straits of Malacca and Singapore. Whilst the Association’s membership roll also saw 16 members resigning, as at 15 Nevertheless, SSA is monitoring the situation closely as a June 2011, the Association’s membership has grown to a total of 401 members, number of slow moving tugs towing barges were attacked up from 376 members as reported at the last AGM. in the South China Sea last year and early this year. We urge THE SINGAPORE SCENE our members to remain vigilant when transiting the straits, The Association’s Young Executives Group (YEG), which celebrated its 5th In spite of the shocks of the past two years, Singapore’s especially during the hours of darkness. anniversary in April this year as part of the Singapore Maritime Week festivities, maritime industry has continued to grow from strength to now stands at over 780 members. A group of 10 Young Shipowners also joined The continued debate on global warming and climatic strength.