Singapore Shipping Association ANNUAL REVIEW 2011/12 Towards a Brighter Future Contents SINGAPORE SHIPPING ASSOCIATION 03 President’s Report 59 Tras Street Singapore 078998 06 Council Members 2011/2013 Telephone: (65) 6222 5238 Facsimile: (65) 6222 5527 Email: [email protected] 07 Organisational Structure Website: www.ssa.org.sg 08 SSA Committees 2011/2013 Activities Report 39 Port and Shipping Statistics 40 Membership Summary 46 Membership Particulars & Fleet Statistics • Fleet Statistics Summary • Ordinary Members • Associate Members Special thanks to our statistics contributors, advertisers, and the following companies for granting us the permission to use their photographs: AET Tankers Pte Ltd, BW Maritime Pte Ltd, EU NAVFOR, Hong Lam Marine Pte Ltd, Jurong Port Pte Ltd, Masterbulk Pte Ltd, NYK Bulkship (Asia) Pte. Ltd., PACC Offshore Services Holdings Pte Ltd, PSA Corporation Limited, Rickmers Trust Management Pte Ltd, Singapore Tourism Board, Smithsonian Environmental Research Center, Swire Pacific Offshore Operations (Pte) Ltd. 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) 043/07/2012 SSA The Mission President’s Statement Report Mr. Patrick Phoon, President, Singapore Shipping Association As an Association 2011 has been a very difficult year for the shipping 2012 as long-overdue, but a step in the right direction. industry. The second half of 2011 saw a slight recovery in The effort must be sustained, however! Furthermore, The Association will protect and promote the interests of the shipping market but this was short-lived. Soaring oil any effective strategy must also address the root causes its members. It will undertake activities on shipping matters prices, turmoil in global financial markets and the threat of the piracy problem. Establishing a stable and credible which are beneficial to its members. of overcapacity have dampened any prospects of recovery. government in Somalia will help provide job security and As a result, these developments have adversely affected employment for young Somalis, keeping them off such the whole shipping industry. Shipping rates have dropped illegal activities. For the Industry substantially, services reduced and vessels laid up. Many shipping companies consequentially have suffered hefty In the absence of any long-term solution, however, SSA The Association will take the view of the shipping industry losses whilst some others have regretfully gone under. members whose ships are transiting the treacherous as a whole. It will play its due role to promote the interests waters have been strongly advised to comply fully with of shipping in Singapore, ASEAN, Asia and the world. To New signs of economic weakness are surfacing in Brazil, the 4th Edition of the Best Management Practices for China, the EU, India, South Africa and the United States, protection against Somalia based piracy developed by do so, the Association will co-operate with other shipping and are darkening the economic outlook for 2012. These various industry organisations. organisations, in ASEAN, Asia and elsewhere. developments have prompted the Organisation for Economic Co-operation and Development (OECD) to cut its SSA’s owners and managers have also expressed great growth forecast for developed economies. The International concern at increased instances of pirate attacks and ship For Singapore Monetary Fund (IMF) also sees the global economy growing hijacks in the waters off the coasts of Benin and Nigeria. The Association will work closely with the government of more slowly than last year’s rate of 3.9%. It was extremely unfortunate that a ship belonging to one of our members was attacked recently. Singapore to protect the extensive maritime interests of Our industry is a cyclical one, however – we have all Singapore and to promote Singapore as a major port and weathered rough seas before, and I am confident that we Closer to home, the Association has developed very strong international maritime centre. will emerge from the current turbulence stronger and more relationships with the Regional Cooperation Agreement resilient to seize the abundant opportunities that await us. on Combating Piracy & Armed Robbery against Ships in Asia (ReCAAP) Information Sharing Centre (ISC) and the For International Shipping International Maritime Developments The Association will co-operate with governmental and non- Shipping is a global industry. Besides the depressed global “Our industry is a cyclical governmental organisations to promote freedom of the sea, economy and freight market, our Association has focused on a number of other issues in the past year. one, however – we have all safety at sea and to protect the marine environment. Piracy and Armed Robbery weathered rough seas before, The ongoing threat of pirate attacks off the coast of Somalia and I am confident that we and in the Gulf of Aden continues to remain a topic of real concern. For over half a decade, these criminals have held will emerge from the current the world economy and international shipping hostage and turbulence stronger and more putting the lives of our seafarers at risk. resilient to seize the abundant The Association welcomed the EU Naval Forces’ strike opportunities that await us. ” against Somali pirate logistics base ashore on 15 May 2 SINGAPORE SHIPPING ASSOCIATION ANNUAL REVIEW 2011/12 SINGAPORE SHIPPING ASSOCIATION ANNUAL REVIEW 2011/12 3 Information Fusion Centre (IFC) as part of our strong Our Association commitment to enhance safety and security for ships “In spite of the global economic I am very encouraged that many shipping and related companies still operating in Asian waters. We are pleased to note that downturn, Singapore’s maritime find the SSA a very useful Association to join for networking and to there had been a significant drop in piracy incidents in enhance their businesses. Our membership has grown very impressively South-East Asian waters. The ongoing sea and air patrols, industry continued to grow, in the past year. As of 1 June 2012, the SSA membership stood at 433 and the vigorous prosecution of captured pirates by the member companies, 255 of which are Ordinary Members, 178 are enforcement agencies in neighbouring countries have supported by strong intra – Asia Associate Members and 2 Individual Members. To all our new members, worked well to ensure the safety and security of passing trade. Singapore has remained I warmly welcome them aboard! ships in the Straits of Malacca and Singapore. a major hub port with 127,000 The Association’s Young Executives Group (YEG), which celebrated its 6th Atmospheric Emission From Ships ships totaling over 2 billion gross anniversary in March this year, attracted a membership of over 800 members. Focusing on environmental issues, I would like to emphasise We have placed a lot of emphasis and hope in these young once again that ships emit less than 4% of the CO2 emission tons (GT) calling in 2011.” professionals by encouraging them to participate and make globally as compared with other industries. Nevertheless, positive contributions to the Association. shipping is strongly committed to the protection of life and Ballast Water Management (BWM) Convention property at sea, and to the preservation of a pollution-free Our Association’s newsletter, “Waves”, has entered its Our Association is also monitoring very closely the marine and atmospheric environment. 5th year of publication in May this year. You may have developments on the Ballast Water Management (BWM) noticed that we have adopted a new look since November Convention. Many SSA members have cast serious doubts In June last year, the IMO adopted amendments to last year. I hope your continued advertising support in on the availability of ballast water treatment systems MARPOL Annex VI which will give effect to mandatory the “Waves” is a sign that the publication has met with which can be universally applicable for all ship types measures to be implemented by shipowners to reduce your expectations! and operating patterns. The current systems have only emissions of greenhouse gases (GHGs) from international been tested under controlled laboratory conditions, and shipping. SSA welcomed the adoption of these measures The SSA continues to maintain close working relationships uncertainties still exist with regard to sampling, testing which represent the first ever mandatory global GHG with various industry stakeholders such as the MPA, the methodologies and procedures. This, as a result, has reduction regime for an international industry sector. SSA Singapore Maritime Academy (SMA), the Singapore made it difficult for operators to train ships’ crew in their also welcomed the IMO’s adoption of guidelines intended Maritime Foundation (SMF) and the two seafarers’ unions. SSA regularly use. The installation of these treatment systems may also to assist in the implementation of these measures, which met and engaged these stakeholders in fruitful and productive discussions, have the unintended consequence of increasing a vessel’s will enter into force on 1 January 2013. These decisions addressing industry concerns. In light of current economic conditions, I carbon footprint. by the IMO demonstrate that the IMO is eminently wish to inform that SSA will pursue very active discussions with some of capable of delivering a global solution for shipping that Maritime Labour Convention 2006 them to address the costs of doing shipping business in Singapore. has clearly defined short and long term goals that are Expectations are that the Maritime Labour Convention realistic, pragmatic and implementable. (MLC 2006) will meet its entry into force requirements by SSA remains strongly committed towards the training of Singaporeans for the end of 2012, which will effectively put it into force a seafaring career. In this connection, we have worked very closely with SSA also maintains that the IMO should continue one year later. the MPA, the SMA and the Singapore Maritime Officers’ Union (SMOU) “The SSA continues to to serve as the only forum to discuss any regulatory to promote careers at sea.