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China's Oresome Appetite THE INTERNATIONAL SHIPPING WEEKLY August 21, 2003 - Published weekly since 1883 - Price £7.00 China’s oresome appetite FRPED030821011.indd 1 18/8/03, 12:00:31 FRPed030821p1002.qxd 15_8_03 4:36 pm Page 1002 NOW AVAILABLE from Lloyd’s Register - Fairplay The latest Statistical Publications presented in easy-to-read tables and charts World Shipbuilding Statistics Providing a quarterly summary of the shipbuilding activity for propelled, sea-going merchant ships of 100 GT and above. World Fleet Statistics World Casualty Statistics Shows the composition of the propelled sea-going An annual summary of all merchant fleet of 100 GT vessels removed from and above, including the propelled sea-going completions, losses and merchant fleet of 100 GT the current fleet, as at and above as actual total year-end. losses, constructive total losses or disposals. Our commitment to quality is reflected in For further information contact: Lloyd’s Register - Fairplay, our BS EN ISO 9001:2000 certification for Lombard House, 3 Princess Way, Redhill, Surrey, RH1 1UP, United Kingdom the provision of publishing and information Tel: +44 1737 379000 Fax: +44 1737 379001 Web: www.lrfairplay.com services to the shipping industry Email: [email protected] SP/HA/2003 The International Shipping Weekly Contents Head Office: Lombard House, 3 Princess Way, Redhill, Surrey, RH1 1UP United Kingdom LOOK OUT __________3-6 Tel: +44 1737 379000 Fax: +44 1737 379001 Web: www.fairplay.co.uk Publisher: John Prime NEWS _____________ 7-14 Editorial: Tel: +44 1737 379140 Fax: +44 1737 379007 Email: [email protected] Managing Editor: G Paul Gunton COVER STORY ____ 15-17 Editor: Patrick Neylan-Francis Senior Editor: Richard Clayton Editors: David Hooper, Rob Willmington Joanna Mortimer, Richard Meade, NEWS FO CUS_____ 18-25 Iain Kingsley, Catherine Rowley, Chris Tomlinson, Damien Carr EMSA delayed by politics________ 18 Law: Ann Moore Let the bidding begin ___________ 19 Asia Editor: Ramadas Rao Email: [email protected] China-India distort copper market __ 20 Far East Sales Manager: Mark Windle Email: [email protected] Kembla copper bottomed out_______ 21 Tel: +65 6 292 7430 Fax: +65 6 292 7431 Handling hike fallout hits St Pete ___ 22 Asia Office: 7500 A Beach Road, 13-323 The Plaza, Singapore 199591, The worst time to start a business? __ 23 Republic of Singapore Tel: +65 6 292 7951 Fax: +65 6 296 2335 UK ready for 10M TEU expansion __ 24 Americas Editor: Michelle Wiese Bockmann High hopes for new Djibouti port ___ 25 Email:[email protected] Americas Office: Fairplay Publications Inc Front Cover: The bulk trades are 5201 Blue Lagoon Drive, Suite 530, Miami, FL 33126, United States struggling to keep up as China Tel: +1 305 262 4070 FEATURE _______________26-33 Fax: +1 305 262 2006 devours all the raw materials it Email: [email protected] Black Sea _______________________ Middle East Editor: Tom Hussain can swallow (photo: FotoFlite) Email: [email protected] Correspondents: International correspondents can be contacted via the editorial office ìThere is so little fairplay in the world. If our own Head of Production: Louisa Swaden MARKETS_________ 34-43 efforts succeed, we shall have taken the fi rst steps Email: [email protected] towards promoting the habit of calling things by Advertising Sales: Tel: +44 1737 379700 their right name and of looking at them Fax: +44 1737 379001 through uncoloured spectacles.î Email: [email protected] SHOES & SHIPS ______44 FAIRPLAY, MAY 18, 1883 Subscriptions: Tel: +44 1737 379705 Printed by Holbrooks Printers Ltd, Hilsea, Portsmouth, Hampshire, England Company Index Aker Group 30 Emeraude Lines 13 Maersk Sealand 3, 14, 41 Romanian Shipbuildersí Association 30 Astillero del Caribe (Asticar) 9 Emirates National Oil Corp 25 Malta Drydocks 13 Santierul Naval Constanta 30 BAM 13 European Community Shipownersí Association 7 Maritime Strategies International 17 Severstaltrans 22, 28 Bank Line 13 European Maritime Safety Agency 18 Medfin 33 Shell 24 Batumi Merchant Sea Port 27 First Container Terminal St Petersburg 14, 22 National Container Co (Russia) 14, 22 Shipping Corp of India 12 BHP Billiton 8, 20 Frontline 41 Navi Chartering 23 Shiprepair yard 30 Bockstiegel Reederei 35 Frontline 37 New Century Cruise 11 SKS 10 Braemar-Seascope 37 Grindrod 19 Novorossiysk Sea Trade Port 32 Smit Pentow 3 Bremer Vulkan 14 Hamilton Port Authority 25 Novorossiysk Shipping Co 28 Sovcomflot 28 Centre for Global Energy Studies 43 Hanjin Shipping 10 NYK Star Reefers 22 Stolt-Nielsen Transportation Group 8 China Navigation 13 Hutchison Ports 24 Oil Companies International Marine Forum 7 Tangguh LNG 39 China Shipbuilding Industry Corp 35 Hyundai Merchant Marine 39 P&O Nedlloyd 13 TBWA \ BASELine 13 China Shipping Container Lines 41 Indian National Shipowners Association 12 P&O Ports 24 TMM 8 China State Shipbuilding Corp 35 Indian Register of Shipping 12 Pacific International Lines 25 Tongfang Weishi 11 Chokwang Yo Turn 10 International Chamber of Shipping 7, 18 Pakistan National Shipping Corp 7, 37 Tordenskjˆld 14 Constantza, port of 27, 31 International Maritime Bureau 10 Panama Canal Authority 9 Tsakos 37 Crescent Tankship 30 International Tanker Owners Pollution Federation 7 Panama Maritime Authority 21 Tsavliris 7 CRU Group 15 Intertanko 7 PDV Marina 9 Turkish Shipbuildersí Association 30 CSL Australia 11 Jiangdong Changjiang 35 Phoenix Management Services Group 21 Turkon Line 32 CSX World Terminals 19 Karachi Port Trust 7 Polembros 7 Ukrferry 27 Damen Galati 30 Kotug 6 Port Kembla Copper 20, 21 US Coast Guard 8 Doraleh, port of 25 Koyo Kaiun 37 Posco 35, 39 US Customs and Border Protection 9 Drewry Shipping Consultants 41 Kumgang Korea Chemical 10 PSA Corp 11 Varna Shipyard 30 Dubai Ports International 25 LibÊk, O-J 37 Raw Materials Group 15 Viking River Cruises 11 Durban Container Terminal 19 Macquarie Research Metals & Mining 15 Rickmers Linie 5 World Vision 7 Volume 348 - Issue 6239, August 21, 2003 Web: www.fairplay.co.uk 1 FRPED030821035.indd 1 19/8/03, 16:50:25 FRPed030821p2.qxd 19-08-03 3:21 PM Page 2 Look Out The jokeís over Piracy must be a priority TíS ìa dazzling and entertaining comic adventureî and ìthe from the secure, dense foliage of the Sumatran forests to prey most fun youíll have at a movie this summerî. Those are just on small ships steaming through the Malacca Straits. Itwo quotes from the official website of this summerís ëmust- seeí movie, Pirates of the Caribbean, produced by Walt Disney Until now, the incidents consisted mainly of hit-and-run and released to coincide with the Northern Hemisphereís long incidents, boarding vessels at night and making away with school summer holidays. valuables and equipment. There were extreme cases of murder of crew members and hijacking of ships, but mercifully these Pirates are entertainment; children make their own skull-and- were rare. crossbones hats, put on their eye patches and clash swords in the garden. It is unlikely that many of those children or their Now, however, things are getting serious. In just two months parents who take them to see the film have any concept of the there have been more than half a dozen cases of vessels being reality of piracy or know that it is a current and growing menace. chased by armed gangs using bursts of fire from automatic rifl es But until they do, and until that concern becomes a global issue, to stop ships. In back-to-back incidents on successive days, a seafarersí lives will remain in danger. shipís captain has been injured while another was stopped, three hostages taken and released only after the payment of ransom The International Maritime Bureau reported earlier this year that money said to be about $50,000 (see page 10). pirate attacks had tripled in a decade; in the fi rst three months of this year alone, 145 seafarers were reported killed, assaulted, All but the latest kidnapping incident aboard the Malaysian ves- kidnapped or had gone missing; hardly the ìhumour, action and sel Penrider took place in the relatively less heavily patrolled thrillsî of the big screen. Militant groups, perhaps even terrorists, northern portion of strife-torn Indonesian province of Aceh. seem to have infiltrated scattered pirate gangs operating mostly But the fact that piracy has resurfaced in the guarded southern portion striking close to Malaysian waters is worrying observ- ers such as IMB Piracy Reporting Centreís regional manager Everyoneís doing it Noel Choong. While the Tasman Spirit disgraces itself off Karachi and ships The organised nature of the attacks, the use of automatic weap- collide in the Schelde, the Southern Hemisphere is getting ons and the smooth planning of the raids point to the hand in on the act. First the small box ship Spirit of Enterprise damaged its rudder near Auckland. Then on Tuesday this week, the Sealand Express dragged its anchor in bad weather at Dolphin Beach Cape Town. Two harbour tugs and a salvage tug went to give assistance but by the time they arrived 20 minutes later the vessel’s bows were aground onto sand. One of the tugs managed to secure a cable but this broke, and the US-flagged ship then swung to and grounded firmly onto sand where a heavy swell began pounding the vessel beam-on. As Fairplay went to press, Salvor Smit Pentow had gone on board the vessel to secure the safety of the crew and to attempt salvage. August 21, 2003 www.fairplay.co.uk Email: [email protected] 3 FRPED030821033.indd 3 19/8/03, 17:14:10 Look Out of professional groups. Suspicions are centred on rebel Aceh militants, who are well versed in armed attacks using sophisti- A bull in Chinaís shops cated weapons.
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