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.

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The bulker LAN MAY discharging at the EECV terminal in Rotterdam – Europoort Photo : Floor van Kleeff ©

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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

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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,”

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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.

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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 ©

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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

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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 ©

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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. Most patrol ships in Indonesia - including those in Yogyakarta - have stopped operating as Polair offices across the country are no longer able to bear fuel costs for their patrol operations. “For an eight hour patrol operation from Sadeng in Gunung Kidul to Congot in Kulonprogo, each patrol unit needs around 600 liters of fuel,” said Comr.Sugiarta of Yogyakarta Polair. The office, however, received only 1,400 liters of fuel per month to operate not only the patrol vessels, but also for several motorcycles, cars and trucks, as well as for conducting land operations. “To protect the patrol vessels’ machinery from any damage, we must regularly heat it. We need around 60 liters of fuel for each heating,” said Sugiarta. Since being handed over from the government in November 2012, the 12 meter-long, 2.5 meter-wide patrol vessels have engaged in patrol activities just once due to the costs involved.

As a result, maritime security activities conducted by the Yogyakarta Polair have been reduced. Due to the fuel shortage, for example, the office could not carry out security checks when a vessel violated a water zone and hit a fishing net assembled by local fishermen. Mugari, a fisherman from Samas beach in Srigading, Sanden, Bantul, said that with reduced maritime patrols, the system of water zones in the area could not be effectively implemented.

“Big fishing vessels have often entered coastal waters, affecting traditional fishermen,” said Mugari, adding that with such minimal sea patrols, illegal fishing continued to soar. Suwarman, the head of fisheries unit at the Yogyakarta Fisheries Agency, said that illegal fishing in waters to the south of the province had flared up due to the absence of the patrol vessels. As a result, foreign fishing vessels could reach as far as 60-80 miles to sea, while traditional fishing boats were only able to reach up to 20 miles. “We have operated patrol vessels to the south of the province only since the middle of 2012,” said Suwarman. (ebf) Source : Jakarta Post Project for a new container terminal in the Port of Rotterdam receives EU support The European Union will co-finance to the tune of €5 million from the TEN-T Programme a project to build a state-of- the-art multimodal container terminal at the Port of Rotterdam, The Netherlands. The future Rotterdam World Gateway (RWG) terminal will aim to have the highest modal shift ratio for a container terminal in Europe, said in a

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TEN-T's press release. The project, which was selected for funding under the 2011 TEN-T Annual Call, involves the construction of the new Rotterdam World Gateway (RWG) terminal at the Port of Rotterdam. Once completed, the terminal will use an optimal layout for processing high volumes of freight efficiently between all transport modes, focussing on the facilities needed for the transhipment of goods to/from the port by rail and inland waterways.

Concretely, the project will support the: - Construction of a barge stacking terminal with total stacking capacity of 9,616 Twenty-foot Equivalent Units (TEU) - Building of a dedicated barge terminal equipped with three barge quay cranes to service the water side, enabling a higher water-to-water transhipment capacity - Completion of a dedicated rail terminal expected to handle up to 246,750 TEU per year by the end of 2014.

The overall modal shift objective of project is to reduce the road share of hinterland transport to and from RWG from 50% to 35% by 2016. The project is set to be completed by the end of 2014.

Several SMIT-LAMNALCO tugs moored in Sierra Leone – Photo : Jeroen de Gans © China ships in disputed Diaoyu waters as tension runs high

Four Chinese ships were spotted on Sunday in disputed East China Sea waters, Japanese officials said, as Tokyo considered disclosing video footage and pictures as evidence of a Chinese frigate’s alleged radar-lock incident. For the first time after Tokyo made the allegation last week, China sent maritime surveillance vessels near Japanese-controlled islands in the East China Sea, known as Senkaku in Tokyo and Diaoyu by Beijing, which also claims them.

They were seen sailing in the contiguous waters near one of the outcrops as of 9am, the Japan Coast Guard said. Tokyo accused a Chinese frigate of locking its weapons-tracking radar on a Japanese destroyer – the first time the two

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nations’ navies have locked horns in the territorial dispute that has provoked fears of armed conflict breaking out between the two. Japan’s Prime Minister Shinzo Abe on Friday demanded Beijing apologise and admit to the incident, which occurred late January, after Chinese authorities flatly denied Tokyo’s accusation.

Japan’s Defence Minister Itsunori Onodera said on Fuji TV on Sunday that Tokyo was carefully studying whether or how to disclose military data as evidence. However he also said he did not think China would “admit to it even if Japan discloses a variety of evidence, because it is trying to protect its national interest”. Onodera on Saturday told the Yomiuri Shimbun newspaper that Tokyo had “evidence to show the fire-control radar chased after the ship [of Japan’s Self-Defence Forces] for some time. The visual evidence would convince many of those who watch it”.

The long-running row over the islands intensified in September when Tokyo nationalised part of the chain, triggering fury in Beijing and huge anti-Japan demonstrations across China. Beijing has repeatedly sent ships and aircraft near the islands and both sides have scrambled fighter jets, though there have been no clashes. Source : South China Morning Post

The MSC ARICA enroute Antwerp – photo : Henk de Winde ©

IMCA publishes guidance on safety in shipyards Safety lies at the heart of the vast majority of the guidelines published by the International Marine Contractors Association (IMCA), said in a press release.

The latest ‘Guidance on Safety in Shipyards’ (IMCA SEL 032/M 221) is certainly no exception to the rule. Offshore vessels are the platform from which offshore project operations are undertaken. Consequently vessel owners will take a dry-docking opportunity to undertake maintenance or modification works to diving, pipelay or seismic systems, and parallel works should be anticipated when planning a docking project.

As IMCA’s Technical Director, Jane Bugler explained: “The purpose of this new document is to provide guidance to vessel owners and/or operators when preparing contracts and procedures for vessel dry-docking, or extended maintenance periods, alongside in a repair facility.

“Most dry dockings are undertaken on a regular basis according to class requirements, and vessel operators can pre- plan for these events. However, it is sometimes necessary for a vessel to be dry-cocked at short notice and this guidance is equally applicable in those circumstances.

“The main focus is, as the title implies, on safety in shipyards. However, a quality-based approach is used to underpin safe operations. It is recognised that vessels can visit repair yards anywhere in the world, and this new document is not restricted by any geographical boundaries or country-specific regulations.”

The guidance document adopts a staged approach to the management aspects of a docking project, including pre- qualification, setting expectations; scope of work, form of contract, site visits; pre-docking phase, detailed expectations; kick-off; implementation phase; and project close-out, and vessel handover. A number of relevant appendices are also provided which can be used as the starting point for developing in-house documentation for planning and undertaking docking projects. Some vessel owners and/or operators have their own repair facilities, and it is expected that specific processes will be in place which are particular to those facilities. However, IMCA’s new guidance can be used as a checklist for their internal procedures, and will be equally useful if their own facility is not available and a commercial shipyard is required for a periodical or emergency docking.

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09-02-2013 - The topsite for the RIFFGAT jacket passing Rotterdam Brienenoord outbound Photo Michael van der Meer © CASUALTY REPORTING

Cinco tripulantes de un crucero mueren en un simulacro de salvamento en Palma La rotura del cabo que sujetaba el bote salvavidas, la causa del accidente La rotura del cabo de proa del bote salvavidas accidentado este domingo en el Puerto de Santa Cruz de La Palma fue lo que hizo que cayera al mar verticalmente, quedando la embarcación boca abajo con los cinco fallecidos en su interior.

Así lo manifestó el responsable del área de Explotación de la Autoridad Portuaria de Santa Cruz de Tenerife, Leandro Melgar, en una rueda de prensa para explicar el accidente ocurrido durante unas prácticas de salvamento del crucero Thomson Majesty en la que fallecieron cinco tripulantes y otros tres resultaron heridos.

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"El tender [que es como se denomina a la embarcación] tiene unos sistemas que permiten la subida y la bajada de los aparatos. El cable de la parte delantera [de proa] se partió. En la parte de atrás fue el gancho lo que falló e hizo que el tender se desplomara en vertical al agua. Al caer se giró -quedando boca abajo- y al tener el sistema de apertura por arriba no pudieron salir [los tripulantes]", dijo Melgar.

Al romperse el cabo, los tres supervivientes, que se encontraban de la parte trasera del tender consiguieron salir, aunque resultaron heridos con diferentes contusiones. Dos de ellos están aún en el Hospital General de La Palma , mientras que el tercero regresó al barco y se encuentra fuera de peligro. Tristemente -prosiguió-, los otros cinco quedaron atrapados en el interior, que permaneció boca abajo, de tal manera que los tripulantes no pudieron salir del bote".

Melgar explicó que a las 11.54 horas, el capitán del crucero avisó a los medios de Salvamento Marítimo, quienes enviaron una embarcación Salvamar. Ya a las 12.10 horas se solicitó la asistencia de los buzos voluntarios de bomberos y de Ayuda en Emergencias Anaga (AEA), que recuperaron cuatro cadáveres.

Intentaron reanimar al quinto fallecido durante 45 minutos

Por su parte, el quinto tripulante fallecido se encontraba en parada cardiorrespiratoria, aunque tras 45 minutos intentando reanimarlo se confirmó su muerte.

Más tarde, el juez de guardia y la forense se personaron en la zona y a las 16.45 horas llegó al lugar la policía científica procedente de la isla de Tenerife para realizar inspecciones e informes de lo ocurrido. "Este tipo de ejercicios se realiza de manera regular. Prácticamente todos los cruceros que vienen a los puertos de la Autoridad Portuaria lo hacen y se realiza una coordinación muy sencilla, de manera que no se produzca incompatibilidad con la operativa portuaria. Por desgracia [en esta ocasión] el bote ha caído, se ha dado la vuelta y los tripulantes no pudieron salir", dijo.

Un incidente "raro" que "no ha pasado nunca"

Por su parte, el responsable del Departamento Comercial de la Autoridad Portuaria, Airam Ruiz, comentó que se trata de un incidente "raro" y matizó que nunca había pasado nada similar en ninguno de los puertos que dependen de la Institución. ecordó también que Thomson lleva operando con la Autoridad desde hace muchos años y que tiene escala cerrada con Canarias hasta el año 2018. NAVY NEWS

Pakistan to showcase submarine at UAE defence expo Pakistan will, for the first time, showcase its indigenously-modified and upgraded submarine called ‘Khalid’ at the IDEX 2013 exhibition in the United Arab Emirates. Besides the submarine, a Multi-Purpose Auxiliary Craft called Jurrat, fabricated in Pakistan with full integration of weaponry, and destroyer Shah Jahan, modified as per Pakistan’s requirements, will be on display. Some of the companies participating in the exhibition include the Pakistan Ordnance Factories with three auxiliary companies, Defence Export Promotion Organisation, Global Industries and Defence Solutions, with seven auxiliary companies, Heavy Industries Taxila, Embroidery Export Corp, and Karachi Shipyard and Engineering Works. Source : Internews

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Indian Navy submarine Sinduranshak, enroute from Russia to India after the large overhaul, visited the arctic port ofTromso Norway Photo : Richard © US Navy pushes back USS Guardian salvage ops due to rough seas Poor sea conditions forced the US Navy on Sunday to push back the operation to dismantle USS Guardian, a minesweeper ship, to pull it out from the Tubbataha Reef where it has been grounded since Jan. 17. The US Navy team would continue the salvage operation when the bigger crane ship Jackson 25 arrives, said Coast Guard Palawan District chief Commodore Enrico Efren Evangelista.

Earlier reports said the first crane ship Smit Borneo from Singapore encountered anchoring problems last Saturday, causing a delay in the start of the salvage operation.

“Smit Borneo is there but could not anchor due to weather. Its anchoring should be precise. It tried (to anchor) but so far, out of the four anchors, only one had a good bite at seabed,” said Evangelista. After the Tubbataha Protected Area Management Board approved the salvage plan crafted by the US Navy, Coast Guard commandant Rear Adm. Rodolfo Isorena announced on Wednesday the dismantling of the USS Guardian may start Sunday or Monday.

However, the operation hit a snag due to anchoring problem. Citing information from US Navy officials, Evangelista said Jascon 25 departed Singapore around 4 p.m. Saturday and is due to sail directly to Tubbataha Reef.

He said the bigger crane ship is expected to arrive around 9 p.m. Friday.

The USS Guardian ran aground on Tubbataha Reef last Jan. 17, after a port call at Subic Bay, a former base of the US Navy. Latest estimate showed that the grounding of the ship has damaged 4,000 square meters of reef, from the initial 1,000 square meters. Pending the start of the cutting operations, Evangelista said, the Americans are to continue with the removal of small items aboard the USS Guardian. Source : LBG, GMA News

Bijzonder nieuw stationsschip in Caribisch gebied

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Een maritiem historische gebeurtenis vindt vandaag maandag 11 februari plaats in de haven van Willemstad. Hr.Ms. Friesland, één van de nieuwste schepen van de Koninklijke Marine, vaart voor het eerst Curaçao binnen.

Het fonkelnieuwe schip wordt tussen 11.30 en 12.00 uur militair ceremonieel ontvangen in de haven van Willemstad. Dat gebeurt met 21 kanonschoten in totaal. Dit saluut wordt gedeeltelijk afgevuurd vanaf Fort Krommelijn door de aldaar opgestelde kanons. Om 12.00 uur vuurt het schip tussen de havenhoofden de laatste kanonschoten af als eerbetoon aan de Gouverneur van Curaçao en het Koninkrijk der Nederlanden. De waarnemend Gouverneur, mw. Adèle van der Pluijm-Vrede, neemt samen met de Commandant Zeemacht Caribisch gebied, op het bordes van het Fort Amsterdam het saluut in ontvangst. Een gewapende wacht, verzorgd door een peloton van de Curaçaose Militie, brengt het eerbewijs. Dit wordt muzikaal ondersteund door een Pijper van het Korps Mariniers.

Alles bij elkaar is de ceremoniële binnenkomst een indrukwekkende traditionele marinetraditie die dit keer extra waarde krijgt door een ander historisch feit. In 2013 viert de Koninklijke Marine haar 525 jarig bestaan. Het thema van deze viering is innovatie, dat in het Caribisch gebied met de binnenkomst van het allernieuwste marineschip nog eens extra wordt benadrukt.

The disposal of the three frigates, of the Niels Juels-class, began 6 February at the Lindø shipyard in Odense. The above photo was on 8 February. With the OLFERT FISCHER and NIELS JUEL aft. Photo : Per Körnefeldt ©

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SHIPYARD NEWS

ASL Marine’s 2QFY2013 earnings rise 39.8% y-o-y to S$10.6 million

ASL Marine Holdings Ltd. (“ASL Marine” or the “Group”), an integrated marine company offering comprehensive services in shipbuilding, shiprepair and conversion and shipchartering, reported revenue of S$83.0 million and net profit attributable to shareholders of S$10.6 million for the three months ended 31 December 2012 (“2QFY2013”), said in a press release.

In 2QFY2013, broad based revenue growth across all three business segments, i.e. shipbuilding, shiprepair and conversion, and shipchartering, pushed revenue higher by 7.3% year-on-year (y-o-y) to S$83.0 million. Revenue from the shipbuilding segment increased slightly by 3.4% y-o-y to S$49.9 million in 2QFY2013 due to higher revenue recognition from the construction of more vessels during the quarter. The Group worked on 23 vessels in 2QFY2013 as compared to 17 vessels in 2QFY2012, with more focus on Offshore Support Vessels. Gross profit margin for the shipbuilding segment was boosted from 11.7% in 2QFY2012 to 17.5% in 2QFY2013 due to the construction of two units of high value Platform Supply Vessels and reversal of unrequired construction costs provisions. Top : The DMS DUNNOCK te be renamed in COASTAL VICTORY for ACTA Marine at the slip of ASL shipyard in Singapore - Photo : Tycho Sta ©

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Revenue from the shiprepair and conversion segment increased 17.3% y-o-y to S$10.7 million in 2QFY2013 due to an increase in larger docking repairs jobs undertaken during 2QFY2013. Gross profit margin benefited from a write-back of sub-contractor costs for completed jobs from prior years in 2QFY2013, which surged from 30.1% in 2QFY2012 to 39.2% in 2QFY2013.

The shipchartering segment recorded revenue of S$22.3 million in 2QFY2013, an improvement of 12.1% y-o-y due to higher utilisation rate from charter of tugs, and charter income received from 2 Anchor Handling Tugs (AHT) and one Anchor Handling Towing / Supply Vessel (AHTS) acquired after 2QFY2012. Apart from these factors, a higher proportion of time charter and the absence of additional depreciation of S$0.7 million back charged from cancellation of vessels held for sale in 1QFY2012, contributed to higher gross profit margin of 31.0% in 1HFY2013 as compared to 20.1% in 1HFY2012. Other operating income decreased 80.4% y-o-y to S$0.3 million, mainly due to the absence of unrealised foreign exchange gain and significantly lesser gain on disposal of plant and equipment. Meanwhile, other operating expenses increased by S$2.5 million to S$2.9 million largely due to S$2.5 million of allowance for impairment of doubtful debts, and foreign exchange loss amounting to S$0.5 million.

The Group recorded a strong increase in net profit attributable to shareholders as the revenue and gross profit margin improvements made in the core business segments significantly outpaces the decline in other operating income and higher operating expenses. Net profit attributable to shareholders was reported at S$10.6 million in 2QFY2013, a 39.8% increase over the S$7.6 million for 2QFY2012.

The Group’s shipbuilding order book from external customers stood at approximately S$528 million as at 31 December 2012, which comprised of 34 vessels including Offshore Support Vessels, AHTS, self-propelled cutter suction dredger, tugs and barges. These vessels have progressive deliveries up to 4QFY2014. The Group’s shipchartering fleet comprised of 202 vessels as at 31 December 2012 (31 December 2011: 194 vessels). Meanwhile, the Group’s shipchartering operations have a total outstanding delivery order of 25 vessels worth approximately S$138 million, comprising AHT, AHTS, ROV Support Vessel, landing crafts, tugs and barges. With the exception of 3 vessels worth a total of S$8 million, these vessels are being built internally by the Group.

Approximately 30% of the Group’s shipchartering revenue in 1HFY2013 was contributed by long-term chartering contracts. As at 31 December 2012, the Group had an outstanding order book of approximately $83 million with respect to long-term shipchartering contracts. ASL Marine Holdings Ltd. is a dynamic marine group principally engaged in shipbuilding, shiprepair and conversion, shipchartering and other marine related services, catering to customers from Asia Pacific, South Asia, the Middle East, Europe and Australia. ASL Marine owns and operates shipyards in Singapore, Batam (Indonesia) and Guangdong (China), providing a comprehensive range of marine engineering services spanning myriad sectors/ industries. The Group’s 300,000 dwt graving dry dock in Batam is one of the few docks in the region capable of repairing Capesize vessels. It has a young fleet of about 202 vessels comprising barges, towing tugs, Anchor Handling Tugs, Anchor Handling Towing/ Supply vessels and other vessels for its shipchartering operation.

Sembcorp Marine unit wins North Sea topsides contract

Singapore's Sembcorp Marine says that its wholly-owned SMOE subsidiary has secured a contract worth about Singapore $900 million (about US$ 727 million) from Det norske oljeselskap ASA, Norway. It covers engineering, procurement and construction of the Process, Drilling and Quarters Platform (pdQ) Topsides to be installed at a water depth of 112 m for the Ivar Aasen development in the North Sea.

The Ivar Aasen project is situated west of the Johan Sverdrup-field in the Norwegian Continental Shelf, 180km west of Stavanger, containing approximately 150 million barrels of oil equivalents. The contract covers the provision of engineering, procurement and construction of the topside. SMOE will be working with its engineering partner Wood Group Mustang in executing this project. Facilities on the 13,700-tonne topsides, which are integrated with a 70-man living quarters/helideck module, will include modules for process, gas compression, separation, water injection, flare boom, metering and utilities. Construction is expected to commence in December 2013 with sail-away scheduled in March 2016. First oil is expected in the fourth quarter of 2016.Source : Marinelog

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ROUTE, PORTS & SERVICES

08-02-2013 At the ORANJE WERF in Amsterdam the VOS SWEET was christened followed by a Rolling Stones" party afterwards in Restaurant Stork en the ex-premises of the Stork Workshops in Amsterdam North. Photo : Gerard Borst - www.navcom.org ©

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MOL starts new China - Middle East service

MOL Liner Ltd. (MOL) today announces its new China – Middle East Express, departing Ningbo on 11th March 2013. MOL will offer an additional weekly service by joining the existing service operated by APL (American President Lines). The service will be operated by 6 vessels and MOL will provide one (1) Post Panamax ship (Mv. “MOL Tyne”).

In addition to the present services, MOL will be able to enrich service coverage as well as frequency between China and Middle East.

CMX Port Rotation: Ningbo - Shanghai – Hong Kong – Chiwan – Singapore – Jebel Ali – Abu Dhabi – Sohar – Singapore – Nansha - Xiamen – Ningbo Frequency: Weekly (turn round 42days by 6 vessels). Commencement: Mv ”APL Minneapolis” 025W calling at Ningbo on 11th March, 2013.

09-02-2013 RAF Search and Rescue helicopter during an exercise near Swansea (in the Bristol Channel) hovering over the LADY ANNA Photo : Sjoerd van der Sluis © Orlova goes A.W.O.L. Ship's location unknown The location of the MV Lyubov Orlova is unknown and it hasn’t been for over four days, says the ship’s owner Reza Shoeybi.

Shoeybi has been contacting Transport Canada and the Canadian Coast Guard since February 4 to try and get an update on the location of his vessel but with no luck.“I call them every morning, they tell me to call back. They don’t know,” he says. The last update he was given on the vessel’s location was February 4 and all he knows for sure is there is no way it’s still in that location now. He says the vessel was equipped with tracking beacons but those beacons have failed and right now nobody knows the exact location of the Orlova. He’s hoping they will send out a plane to look for the drifting ship. He adds that if the coast guard does come in contact with the Orlova, they are planning on dropping another tracking beacon on board.

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The last update from Transport Canada on February 4 put the ship at approximately 330 nautical miles northeast of St. John’s. They could not be reached for comment on the current status of the vessel. The original plan was to tow the dead ship from St. John’s harbour to a scrap yard in the Dominican Republic. Shoeybi says now his plan, given this unexpected final voyage of the Orlova, is to tow the vessel to a scrap yard in Turkey. That’s if he can find it, of course. Source : the telegram

09-02-2013 : The STX PSV 08 CD design FAR SPICA was christened in Alesund (Norway) Photo : Oddgeir Refvik © Gaslog Ltd. Announces New Orders and Charters GasLog Ltd. announced that it has ordered two new 174,000 cbm Tri-Fuel Diesel Electric LNG carriers from Samsung Heavy Industries Co., Ltd. ("Samsung") in South Korea. The vessels are expected to be delivered in Q1 and Q2 2016, respectively, and upon delivery will commence firm ten-year charters with a subsidiary of BG Group plc ("BG Group"). The two vessels are expected to have a combined fully delivered cost of approximately US$410- $420million and are expected to generate a combined annualized EBITDA1 of approximately US$47-$48million over the first twelve months of operation. In addition, GasLog has secured a total of four options from Samsung at similar prices and terms until the end of July 2013. GasLog has also agreed to modify and extend the charter currently in place for its Hull Number 2017, chartered to a subsidiary of BG Group and scheduled for delivery in Q3 2013. Under the new arrangement the ship will deliver into an eight year charter in which the first three years remain as previously contracted. The subsequent five years are a seasonal charter under which the ship is committed to BG Group for seven consecutive months for which it will pay a fixed monthly charter hire and available to accept other charters for the remaining five months. This seasonal charter is expected to generate approximately US$14-16 million of EBITDA1 during the seven months on hire and will provide GasLog with the opportunity to secure additional upside in a period of potentially strong demand. Following the successful delivery of the GasLog Shanghai into a BG Group charter on January 29, 2013, GasLog now has a twelve-ship fully owned fleet, of which three ships have been delivered and are on charter and nine ships are either under construction or to be constructed through Q2 2016. The strength of GasLog's existing fleet commitments and the addition of these new long term charters allow GasLog to look at a range of charter periods for its two open vessels, scheduled for delivery at the end of 2014 and beginning of 2015. In particular, these factors allow GasLog to be opportunistic in placing these vessels into shorter-term charters if the Company determines such charters would be beneficial to the overall earnings of the fleet.

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Due to the support of Samsung Heavy Industries and the consequently attractive terms achieved, GasLog does not currently foresee the need to raise new equity within the next few years to fund these two new orders. In addition, as previously announced, we are currently reviewing our capital structure to ensure that we are able to finance these vessels in a way that maximizes shareholder value. Paul Wogan, CEO, said "It is very pleasing to be able to conclude these significant contracts with our largest customer. These contracts reinforce our strategy of building high quality ships at competitive prices for charter to strong, creditworthy customers. The seasonal charter also demonstrates our flexibility in meeting customer needs whilst also being able to capitalize on opportunities in the LNG spot market during a period where we expect increased demand for shipping from planned liquefaction projects. We are very pleased to be building the new vessels at Samsung as they have a solid track record for delivering vessels on time and on budget for GasLog and the options we have secured show a strong commitment between GasLog and Samsung to continue to support each other's growth ambitions. We believe that these new orders further enhance our position as one of the worlds leading LNG ship owners." Source: GasLog Ltd.

The UNION MANTA departed with the BALDER from Rotterdam-Caland canal - Photo : Elroy van Wijngaarden ©

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The ARBOL GRANDE arriving in Willemstad Curacao with on the left seen hal’s NIEUW AMSTERDAM Photo : Rutger – Nieuw Amsterdam ©

CMV announces charter of 600- passenger ship A three-year season charter of the 600-passeneger ship Astor has been unveiled by ex-UK cruise specialist Cruise & Maritime Voyages. The company is to open a sales office in Sydney to support the vessel’s twice yearly sailings between the UK, South Africa and Australia and cruises from Fremantle from December 13.

The vessel, which originally entered service in 1987, joins the CMV fleet in November alongside the 800-passenger Marco Polo and the 700-passenger Discovery. Fares start at ￡2,399 for the inaugural 36-night southbound voyage to Australia departing on November 5. Astor’s inaugural 10,000 capacity programme will increase CMV’s overall 2014 global capacity to almost 62,000 passengers. A ￡14 million upgrade to the ship was carried out in 2010. Astor has been operating summer cruises in Europe for German passengers. The ship is managed and marketed by the Munich-based Premicon Group that also oversees a fleet of 22 river vessels on the Rhine, Main, Moselle and Danube.

The river cruise operations also present new marketing opportunities between Premicon and CMV, according to the UK company. A dedicated CMV Astor Voyages brochure will be released later this month Australia and a 24-night Far East sailing.

The opening of a sales office in Sydney follows the creation of a dedicated North American sales office in Fort Lauderdale in 2011. Commercial director Chris Coates said: “Astor is indeed a beautiful ocean going vessel with a proud heritage and we are delighted that Astor will be part of our international development plans as we establish a strong presence on the Australasian cruise market. “We believe that Astor will become a firm favourite alongside Marco Polo and Discovery and a perfect match for the mid-sized more traditional business model we have developed since CMV’s launch in 2009.

“Despite the continued growth of mega resort-style mass market vessels, the success and growing interest in the CMV product demonstrates that this niche sector has a significant role to play not only in the UK but also in the wider international English speaking markets and global arena. “This new initiative also offers the travel industry an exciting new niche premium cruise product that lends itself to packaging opportunities”. He added: “Britain’s historic and cultural ties with both Australia and South Africa and the feedback received and research undertaken has inspired us to introduce interesting voyages between the UK via the Cape to the Antipodes recreating the bygone halcyon days of long distance sea travel as a serious alternative to the aviation option.” Source : Travel Weekly UK

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The SANTA ROSA enroute Rotterdam – Photo : Lex Keasberry ©

OLDIE – FROM THE SHOEBOX

The mini coastal liner CALABAR of 1930 gross tons was built at Harland & Wolff in 1935 for Elder Dempster Lines. She traded mainly around West Africa and as far south as Cape Town. Sold to Epirotiki in 1953, her passenger capacity was increased from around 40 to more than 300 in 1969. Under the name SEMIRAMIS she was scrapped in 1980. (Photo: Robert Pabst Collection)

…. PHOTO OF THE DAY …..

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Superjacht Lady Q passing the Lelystad locks Photo : Tom van Oossanen – www.tomvano.com ©

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