COS Weekly News - 25 December 2009
Thursday, 24 December 2009 11:27
COS News – Week ending 25 December 2009
Issue No. 87
BUNKER CONVENTION RATIFIED
Transport
From January 2, 2010 all ships over 1000 gross registered tonnage that are registered in Canada as well as foreign-registered ships entering Canadian ports and terminals will be required to possess a certificate of financial responsibility. Foreign-registered ships with a certificate from another state party to the Convention will be recognized by
PACIFIC PILOTAGE TARIFF PUBLISHED
The new tariff effective January 1, 2010 is published in the Canada Gazette Part II. The Pacific Pilotage Authority will increase its general tariff by 3%, increased the northern travel charge and implemented a new charge of $25 per boarding to fund portable Pilotage units for the pilots.
AMENDMENTS TO THE PACIFIC PILOTAGE REGULATIONS
The Amendments to the Pacific Pilotage Regulations passed without comment and are published in Part II of the Canada Gazette. Many of the changes bring the Regulations in line with recent legislative and regulatory reform brought about by the
NEW SEABUS FERRY TAKES MAIDEN VOYAGEVANCOUVER, BRITISH
Government News
DOMESTIC FERRIES SECURITY REGULATIONS
The Minister of Transport has announced new procedures for domestic ferries for detecting and preventing security threats. Published in Part II of the Canada Gazette – December 23, 2009, the Regulations cover 18 domestic ferry routes and 29 facilities and are in effect immediately in the Pacific region. In the
In accordance with the User Fee Act, the Minister of Public Works and Government Services has published a new tariff by under the Esquimalt Graving Dock Regulations.
Other News
COP15 – UNCERTAINTY FOR SHIPPING CONTINUES
Amidst the confusion surrounding the outcome of COP15, the Copenhagen Climate Change Conference, there was no concluding agreement to provide a road map for shipping. The International Chamber of Shipping has issued the attached press release to signify its concerns.
US EPA MAKES U TURN ON FUTURE ACCEPTANCE OF EXHAUST GAS SCRUBBERS
Despite proposals to the contrary in an initial rule making published in August, the U.S. Environmental Protection Agency (EPA) has now confirmed that exhaust cleaning systems will be accepted on ships calling US ports when the proposed North American Emissions Control Area (ECA) extending 200 miles off
A further U-turn is an exemption from ECA standards for ships trading in the Great Lakes and the
In a related move the Dutch ship owner Forestwave Navigation is to install the Ecospec exhaust gas scrubbing system on six new builds. Founded in 2003 ForestWave Navigation claims to distinguish itself from other shipping companies through its innovative approach to the shipping industry market, with “sustainability” and “customer-orientedness“, as its spearheads.
M.V. FLINTERFOREST built 2004
Live testing of the
Meanwhile, EU countries have been urged to be flexible over the application of a rule requiring vessels to burn only 0.1% sulphur content fuel effective January 1 2010 when at berth. It is recognized that many tankers have no technical ability to comply until complex modifications are
complete. A summary list of frequently asked questions on this topic is attached.
STATE OF
Owners and agents are advised to take note of two attachments detailing the Implementation of new rules in the State of
SUBSTANTIAL LINER SECTOR LOSSES Q1–Q3 21009
On account of a revenue drop averaging 40%, operating losses for the 16 major lines which release results amounted to $9bn in the period from January to the end of September this year, compared with an operating profit of $5.3bn last year. The remaining six major carriers which are not required to publish results are estimated to have lost $2bn in the same period.
There is more bad news for shipyards with CMA CGM having confirmed plans to negotiate the cancellation of orders for 15 vessels. In addition the company will seek to defer delivery of a further 15 units out of a total order book for 45 vessels. Orders for 8 units of a class of 13,800 TEU vessels, the first of which has been delivered, will still go ahead.
CONTAINER LEAGUE TABLE
Being the season of good cheer we share a historical note related to Christmas Island, an atoll first discovered by Captain Cook on his 3rd Voyage of Discovery to the Pacific on December 24 1777 which no doubt explains the origin of the name.
The island was annexed by
IMO SECRETARY GENERAL PAYS PERSONAL TRIBUTE TO SEAFARERS
In paying tribute to the world’s 1.5m seafarers the IMO has decreed 2010 as being dedicated to “The Year of the Seafarer in an effort to highlight the unique, and all too often over-looked, contribution seafarers make”. The Secretary General went on to say “we want to convey to you a clear message that the entire shipping community understands and cares for you and in so doing, we seek to reassure you, at the ‘sharp end’ of the industry, that we, who are responsible for the international regulatory regime and who serve shipping from ashore, do understand the extreme pressures that you face and that, as a result, we approach our own tasks with a genuine sympathy for the work that you carry out. We do so with deep appreciation, in recognition of the extraordinary service you render every day of your professional life, frequently under dangerous circumstances, in delivering, to the more than 6.5 billion people of the world, the wheat that makes our daily bread, the gas and oil that warms our homes or moves our vehicles and the gifts we will share and enjoy with our families and friends over this Festive Season.”
Market Update
Unfortunately, Father Christmas had no gifts for the Baltic Dry Index this week which again lead by weak demand for Capesizes, closed for the holiday period as soft as the snow which virtually shut down
Index 3887 3567 2224
Last week 4875 3436 2340
Spot time charter $49,300/day $27,600/day $23,200/day
Last week $37,200/day $28,600/day $24,500/day
Whilst not a great note to conclude the week before rushing out the door for last minute shopping, it’s perhaps worth reflecting that the BDI was sitting at only 1361 points on January 1 this year.
Upcoming Events
Dec 28 Boxing Day Holiday – COS Office Closed
Dec 31 New Year’s Eve – COS Offices Close @ 12:00
Jan 1 New Year’s Day – COS Offices Closed
Jan 6 COS Board of Directors Meeting @ 11:30
Jan 12 VMAA Board of Directors Meeting @ 12:00
Jan 12 COS Ship & Port Operations Committee @ 12:00
Jan 13 COS Liner Committee Meeting @ 11:30
Jan 13 Rail Services Review Discussions @ 13:00
Jan 14 COS Navigation Services Committee Meeting @ 10:30
Jan 19 CIABC Board of Directors Meeting @ 10:30
Jan 19 ICS Board of Directors Meeting @ 12:00
Jan 20 Plimsoll Club Pub Night @ 17:00 (tbc)
Jan 21 Business of Shipping Course
Jan 26 ISSC Board of Directors Meeting @ 12:00
Jan 27 PACMAR/NANS Meeting @ 10:30
Jan 28 COS Owners Committee Meeting @ 12:00
Jan 28 VMAA Seminar on Bill C-7 @ 12:00
Ship of the Week
We cannot offer you a white Christmas on the west coast but we can offer a white ship – the traditional hull colour of the Safmarine fleet.
M.V. SAFMARINE NOKWANDA
LOA 264M
Beam 38.0m
Built 2005
DWT 62,994m
Speed 22 knots
Capacity 4500 TEU
Sisters: Leda Maersk, Laura Maersk, Laust Maersk, Lexa Maersk, Lica maersk, Luna Maersak, Dal Kalahari, Safmarine Nowazwe
Safmarine, established in
The infrastructure provided by Safmarine has been one of the essential elements which allowed
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