SHIPYARD NEWS ASL Marine's 2QFY2013 Earnings Rise 39.8

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SHIPYARD NEWS ASL Marine's 2QFY2013 Earnings Rise 39.8 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2013 – 042 Number 042 *** COLLECTION OF MARITIME PRESS CLIPPINGS *** Monday 11-02-2013 News reports received from readers and Internet News articles copied from various news sites. * EPIC DIVISION *OFFSHORE CONSTRUCTION SUPPORT *24 HOURS EMERGENCY RESPONSE *DEEPWATER SERVICES www.poshsemco.com.sg *HARBOUR SERVICES [email protected] The bulker LAN MAY discharging at the EECV terminal in Rotterdam – Europoort Photo : Floor van Kleeff © Distribution : daily to 250250+ active addresses 11-02-2013 Page 1 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2013 – 042 EVENTS, INCIDENTS & OPERATIONS The super yacht OCTOPUS inbound for Dunedin – Photo : Ross Walker © Oil-Tanker Returns Are Worst Since August as Cargo Supply Drops Returns for oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, reached the lowest level since August as the number of cargoes declined amid an ample supply of ships. Very large crude carriers are losing $6,761 daily on the benchmark Saudi Arabia-to-Japan voyage, more than yesterday’s $6,482, figures from the Baltic Exchange in London showed. The current return is the worst since Aug. 31. Lower Middle East oil production reduced VLCC cargoes by as many as 12 a month, London-based shipbroker E.A. Gibson said in an e-mailed report. Still, the combined carrying capacity of the world VLCC fleet will expand 5.3 percent this year, below demand growth of 5.9 percent, according to Clarkson Plc, the biggest shipbroker. “Tonnage is in plentiful supply for the remaining February program” of cargoes, Gibson said. There’s “not a sign of any recovery for owners.” VLCCs began losing money on the benchmark voyage on Jan. 24, the exchange’s figures showed. The ships, each able to hold 2 million barrels of crude, earned money in only four sessions in the third quarter on the journey. The exchange’s assessments fail to account for owners’ efforts to improve returns by securing cargoes for a voyage’s return leg or by reducing speed to burn less fuel, known as slow-steaming. The price of fuel, or bunkers, the industry’s biggest expense, gained 0.4 percent to $654.77 a metric ton, staying at the highest since Oct. 2, figures compiled by Bloomberg from 25 ports showed. Fourth Decline Charter rates for VLCCs on the benchmark route slipped 0.2 percent to 31.19 Worldscale points, the exchange’s figures showed. That was the fourth drop in a row. The Worldscale system is a method for pricing oil cargoes on thousands Distribution : daily to 250250+ active addresses 11-02-2013 Page 2 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2013 – 042 of trade routes. Each individual voyage’s flat rate, expressed in dollars a ton, is set once a year. Today’s level means hire costs on the benchmark route are 31.19 percent of the nominal Worldscale rate for that voyage. The Baltic Dirty Tanker Index, a broader measure of oil- shipping costs that includes vessels smaller than VLCCs, rose 0.3 percent to 640, according to the exchange. It stayed at the highest since Jan. 25. Source: Bloomberg The MAERSK KLAIPEDA moored in Rotterdam Caland canal with the repair vessel EL BOTALO DOS near the bow from which divers were working on the bow of MAERSK KLAIPEDA – Photo : Jan Oosterboer © Lloyd’s Register: Class mergers and acquisitions will continue British classification society Lloyd’s Register (LR) is determined to continue its acquisition streak. Speaking exclusively to Maritime CEO, Richard Sadler, the ceo of the 252-year-old institution, said: “We intend to continue to aggressively pursue suitable acquisitions.” In the past four years LR has spent £170m acquiring specialist energy companies. Sadler is aware of “significant” changes coming to the classification business in the coming years. “The recent merger of DNV and GL just reinforces that view,” he said. LR’s focus, Sadler said, “will be on providing leading-edge technology advice and solutions at a competitive price”. With green technology to the fore in shipping at the moment, Sadler echoed recent comments made by LR’s marine director, Tom Boardley, that it is important not to mix facts with ambition. “There is no doubt,” Sadler said, “that the fuel efficiency of vessels is being improved and emissions are being reduced by using different fuels. We have leading expertise in all these areas.” To this end, in the past two years, LR has announced the creation of two global technology centres – in Southampton and Singapore – which represent a commitment of more than £120m. LR is actively looking into the use of methane, fuel cells, the next generation of LNG fuelled-ships and other innovations as shipowners and regulators alike increasingly clamour for eco solutions to shipping. “It is an exciting time,” Sadler said, “a time that is reinforcing why technology and our new technology centres are critical to our future business success.” On growing the group’s revenues, Sadler said: “We have plans to grow our business everywhere,” Distribution : daily to 250250+ active addresses 11-02-2013 Page 3 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2013 – 042 citing the group’s latest financial figures which show the growing importance of the Americas and Asia as a balance to LR’s strong Europe, Middle East and Africa bases. Specifically, Sadler spoke of his hopes for Brazil. “We are conscious of opportunities in Latin America, particularly Brazil, where I have just joined a UK government trade delegation, reinforcing our commitment to that country,” he said. Despite the bullishness for LR’s own global expansion, the classification boss was honest in his assessment for the immediate outlook for the shipping industry. “For shipping,” he concluded, “the next 12 months at least will see vessel supply exceed any increased demand from a rising global economy.” Source: Maritime-CEO The JOHN P LABORDE anchored off Haifa – Photo : Peter Szamosi © PLEASE MAINTAIN YOUR MAILBOX, DUE TO NEW POLICY OF THE PROVIDER, YOUR ADDRESS WILL BE “DEACTIVATED” AUTOMATICALLY IF THE MAIL IS BOUNCED BACK TO OUR SERVER If this happens to you please send me a mail at [email protected] to reactivate your address again, please do not write this in the guestbook because I am not checking this guest book daily. The AIDA STELLA outbound from Emden – Photo : Kees de Vries © Daily icebreaking service covers 45 vessels in the Gulf of Finland During the past 24 hours, 13 icebreakers of Rosmorport FSUE provided icebreaking assistance for 45 vessels in the Gulf of Finland, PortNews IAA learnt from the press service of Rosmorport. From the very beginning of the winter navigation, icebreaking service was provided to 1356 vessels. The following vessels are currently engaged in icebreaking: Captain Izmailov, Captain Plakhin, Captain Zarubin, Semen Dezhnev, Ivan Kruzenshtern, Sankt-Petersburg, Yuri Lisyanski, Ermak, Karu, Tor, Captain Sorokin, Captain Nikolayev and Rossija. Distribution : daily to 250250+ active addresses 11-02-2013 Page 4 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2013 – 042 We remind that additional ice restrictions were introduced in Big Port St. Petersburg from February 4, 2013 according to the Harbor Master’s order. Ice I vessels are allowed to carry out ice navigation only with the assistance of icebreakers, vessels with Ice2 class and over are allowed to carry out non-escorted voyages upon icebreaker’s permission and recommendation or with icebreaker’s assistance. Tug and tow vessels or non-reinforced vessels are not permitted to ice navigation. 15 icebreakers are deployed for operation in Russian part of the Gulf of Finland in winter navigation of 2012-2013, including 14 diesel-electric icebreakers of Rosmorport FSUE and one nuclear icebreaker of Atomflot FSUE. The HAPPY DRAGON arriving in Gladstone (Australia) as seen from the CSD CASTOR - Photo : Pier Prins © 09-02-2013 : The bulker LISSA TOPIC inbound to Vancouver harbour Photo : Robert Etchell © Distribution : daily to 250250+ active addresses 11-02-2013 Page 5 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2013 – 042 Benoa receives another cruise liner SEVEN SEAS VOYAGER, a six-star cruise ship, became the sixth cruise liner to lay anchor at Benoa port in Bali. The cruise arrived Thursday morning after visiting Komodo Island and Lombok. Upon leaving Benoa, the cruise is to sail to Semarang and Singapore. “This is the sixth cruise ship we have received in 2013,” Benoa port general manager Iwan Sabatini said. Benoa is expected to be visited by 10 cruises this February. “Our 2013 target is 35 cruises with 32,000 passengers,” he said. – Source : Jakarta Post Your feedback is important to me so please drop me an email if you have any photos or articles that may be of interest to the maritime interested people at sea and ashore PLEASE SEND ALL PHOTOS / ARTICLES TO : [email protected] If you don't like to receive this bulletin anymore : To unsubscribe click here (English version) or visit the subscription page on our website. http://www.maasmondmaritime.com/uitschrijven.aspx?lan=en-US The CSD ATHENA built from LEGO in Scale 1:100 by Arie van Heteren , the model will be on display at the Van Oord office in Rotterdam – Photo : Jan van Heteren © Distribution : daily to 250250+ active addresses 11-02-2013 Page 6 DAILY COLLECTION OF MARITIME PRESS CLIPPINGS 2013 – 042 The EVITA moored in Risavika Norway – Photo : Wouter van der Veen © Patrol ships stop operations due to soaring fuel prices Indonesia’s inability to curb to illegal fishing should come as no surprise, with water patrol units finding it increasingly difficult to operate due to skyrocketing fuel costs. With continuous increases in gas prices, two patrol vessels that belong to the Yogyakarta Water Police Security Agency (Polair) currently find themselves stationery at Sadeng Port, Gunung Kidul, Yogyakarta.
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