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March 2011 | nautilusint.org | telegraph | 15<br />

INTERNATIONAL<br />

French port<br />

strikes are<br />

suspended<br />

French dock workers last month<br />

Aagreed to suspend a series of<br />

stoppages that have severely affected<br />

shipping movements in many of the<br />

country’s key ports.<br />

The powerful FNPD-CGT union said<br />

it had decided to halt the programme<br />

of strikes to allow an intensive round<br />

of negotiations with employers in a<br />

bid to ensure that an agreement<br />

reached with the government is<br />

observed by all parties.<br />

The protests have been staged in a<br />

dispute over early retirement<br />

provisions for dock workers, with the<br />

union arguing that its members<br />

should have special rights because of<br />

the arduous nature of their<br />

employment.<br />

The action has disrupted the flow<br />

of containers and bulk cargoes in<br />

many ports, and has particularly<br />

affected the loading and discharge of<br />

oil products at the Fos-Lavera oil<br />

terminal.<br />

The union warned that the<br />

weekend stoppages and work to rule<br />

— which began in January — will<br />

resume if no agreement could be<br />

reached in the two days of talks.<br />

The Dutch shipping company Euro Marine Carrier<br />

D(EMC) is operating the first of two pioneering new<br />

‘green’ car carriers for the Japanese firm Nissan.<br />

EMC last month began services with the 22,500gt<br />

City of St Petersburg, pictured above, which features a<br />

semi-spherical ‘bubble bow’ that is capable of cutting<br />

wind resistance by 50% compared with conventional<br />

vessels.<br />

Based on calculations for average conditions in the<br />

North Atlantic, the new design is said to be able to save<br />

up to 800 tonnes of fuel a year — equivalent to a<br />

saving of some 2,500 tons of CO2 emissions.<br />

EMC — a Dutch company owned by Nissan Motor<br />

Car Carrier — is using the Panama-flagged City of St<br />

Petersburg to transport Nissan vehicles to Northern<br />

Europe and Russia.<br />

Of 140m loa, City of St Petersburg is the first of two<br />

sisterships built by the Kyokuyo Shipyard Corporation.<br />

The vessels have a service speed of 16.9 knots and a<br />

capacity for up to 2,000 cars. Picture: Nissan<br />

Fresh doubts over<br />

SeaFrance future<br />

Ferry firm struggling to find cash injection to avoid threat of liquidation<br />

by Jeff Apter<br />

PFresh questions over the<br />

future of the cross-channel<br />

ferry operator<br />

SeaFrance were raised last month<br />

after the board admitted that it<br />

still had not received an ‘acceptable,<br />

firm and committed’ offer<br />

to get the company back on its<br />

feet by the end of April.<br />

SeaFrance — which is 100%<br />

owned by the national rail company<br />

SNCF — has been under the<br />

control of the Paris commercial<br />

court since 16 June last year, a<br />

move that protects it from a hostile<br />

takeover and one that is<br />

backed by the unions.<br />

The operator’s ‘recovery plan’<br />

AShipowners managed to minimise the<br />

threat of a squeeze on freight rates last<br />

year by averting a glut of newbuilding<br />

deliveries.<br />

A new report from the London-based shipbroker<br />

Braemar Seascope reveals that the gap between<br />

anticipated deliveries and what was actually<br />

delivered last year totalled more than 35% in some<br />

sectors.<br />

Dry bulk deliveries were scheduled to total 1,400<br />

ships of 113m dwt last year, the report notes, but in<br />

the event 950 ships of 78m dwt were delivered.<br />

Crude oil and oil products tanker deliveries were<br />

due to total nearly 400 ships of 51m dwt last year,<br />

Dutch operator runs ‘green’ car carrier<br />

— which has included 725 job<br />

losses and cutting the fleet to just<br />

four ships — came into full effect<br />

in January.<br />

But the period of court protection<br />

is due to end on 28 April and<br />

the company is seeking an urgent<br />

injection of fresh capital. Under a<br />

European Union agreement,<br />

SeaFrance is meant to pay back<br />

€50m lent to it by SNCF last year,<br />

but French newspapers reported<br />

the company’s deputy director<br />

Vincent Launay stating that it is<br />

presently not able to make the<br />

repayment.<br />

As a result, the company will<br />

seek approval from Brussels to<br />

postpone the 18 February payment<br />

deadline.<br />

However, refusal by the European<br />

Commission would leave<br />

the company facing liquidation.<br />

Any other measures to recapitalise<br />

SeaFrance will also need to<br />

have the approval of the Commission.<br />

A provisional solution may be<br />

found in talks between the SNCF<br />

and the European Commission.<br />

Mr Launay said the ‘continuation<br />

of SeaFrance’s activity has always<br />

been its priority’ and it is continuing<br />

its quest for an injection of<br />

fresh capital, possibly from one<br />

or more new investors.<br />

However, although Brittany<br />

Ferries, LD Lines, Veolia Transport<br />

and DFDS were all reported to<br />

have shown interest in SeaFrance,<br />

the company said it had been<br />

unable to fund a buyer.<br />

Meanwhile, SeaFrance confirmed<br />

that last year it lost market<br />

shares in a depressed market —<br />

which it blamed on a weak pound<br />

and a reduced number of sailings.<br />

In 2010 SeaFrance lost 12.3% of<br />

its year-on-year freight volumes,<br />

while the number of coaches carried<br />

fell 23% and passenger loads<br />

were down 6% to 2.94m.<br />

The situation improved in January<br />

with a 9% increase in freight<br />

volumes and an 18% leap in<br />

tourist cars — even though the<br />

company had only two ferries<br />

operating with two in dry-dock<br />

for seasonal repairs, one in Falmouth<br />

and the other in Dunkirk.<br />

Owners ease rates squeeze<br />

but just 290 ships of 37m dwt were delivered. The<br />

biggest shortfall among crude tankers was in the<br />

Suezmax segment, where 36 out of an expected<br />

57 ships were delivered — a shortfall of 37%.<br />

Braemar Seascope said deliveries in the<br />

container shipping sector were 27% less than<br />

expected — with 290 ships of 1.35m TEU delivered<br />

against 350 ships of 1.7m TEU planned.<br />

The difference between the orderbook schedule<br />

and actuality in 2010 was a function of technical<br />

underperformance at certain shipyards and the fallout<br />

of the credit crunch, the brokers pointed out.<br />

Some orders were cancelled while, in many cases,<br />

shipowners renegotiated delivery dates.<br />

Braemar Seascope points out that these raw<br />

supply figures do not account for slow steaming,<br />

lay-up and other forms of supply management<br />

which continue to support freight rates in the<br />

boxship sector.<br />

Research manager Mark Williams added: ‘It’s<br />

quite likely that the freight market outlook will<br />

encourage further delays in deliveries. It will not<br />

surprise us if as many as a quarter of this year’s<br />

anticipated deliveries don’t turn up by December<br />

this year. The delays may prolong the downturn, but<br />

equally they could allow demand to catch up with<br />

supply during the recovery from the 2009<br />

recession.’<br />

shortreports<br />

FINE PROTEST: an environmental group has<br />

protested after the owners of a Lithuanian-flagged<br />

cargoship accused of pollution off the French coast used<br />

a section of the Montego Bay Convention to pay a<br />

€23.000 fine in Lithuania instead of the €700,000<br />

penalty imposed by the Brest maritime court. The<br />

Surfrider Foundation said the Lithuanian fine barely<br />

totalled the cost of using port waste reception facilities.<br />

ROYAL ORDER: the US operator Royal Caribbean<br />

Cruises has announced plans for a 158,000gt ‘new<br />

generation’ vessel capable of carrying up to 4,100<br />

passengers. The ship is due to be delivered in late 2014<br />

from the Meyer Werft yard in Germany, and Royal<br />

Caribbean has an option for a second ship to be<br />

completed in the first half of 2015.<br />

ITALIAN STOPPAGES: unions representing<br />

seafarers serving with the Italian ferry firm Tirrenia di<br />

Navigazione announced a series of fresh stoppages last<br />

month in a long-running dispute over the privatisation<br />

of the company. They have warned that jobs are at risk<br />

because of the government’s failure to handle the selloff<br />

process properly.<br />

SCRAPPING DOWN: the number of ships<br />

broken up last year fell 5% to 952 — down from a<br />

record 1,006 in 2009, according to the French<br />

ecological organisation Robin des Bois (Robin Hood).<br />

Some 44% of the ships were demolished in India, 14%<br />

in Turkey, 13% in China, 11% in Bangladesh and 10% in<br />

Pakistan.<br />

SIZE MATTERS: only a handful of operators will<br />

be interested in running 18,000TEU-plus<br />

containerships, a German port manager says. Stefan<br />

Behn, of Hamburg’s HHLA terminal, said ships of such<br />

capacity will make sense only when fully loaded, used<br />

constantly and able to access ports with suitable<br />

facilities.<br />

GALILEO COSTS: Europe’s Galileo satellite<br />

navigation system is now expected to cost nearly €2bn<br />

more than expected, the European Commission has<br />

revealed. The system — which is due to be 100%<br />

operational by 2020 — will now cost an estimated<br />

€5.3bn.<br />

WIND SITES: the French government has given<br />

the go-ahead for a series of offshore windfarms in five<br />

defined zones in the western Channel and Atlantic. The<br />

sites involve the Dieppe-Le Tréport area, Fécamp,<br />

Courseulles-sur-Mer, Saint Brieuc and Saint Nazaire.<br />

CALAIS FALL: freight traffic through the French<br />

port of Calais fell by 7.4% last year, with the number of<br />

lorries handled down by 10.36%. But passenger<br />

volumes increased by 0.3% to 10.23m, and the number<br />

of tourist cars using the port rose 2.27% to 1.94m.<br />

SHANGHAI LEAD: China’s continuing strong<br />

economic growth helped Shanghai overtake Singapore<br />

as the world’s busiest container port in 2010, handling<br />

29m TEU against the island nation’s 26.4m TEU.<br />

Come to Hull for all your<br />

STCW95 short courses<br />

plus<br />

Ship Security Officer, PSCRB,<br />

Efficient Deck Hand,<br />

Crowd Management,<br />

Crisis Management and Human Behaviour<br />

Dates available throughout 2011<br />

Tel: 01482 820567<br />

Fax: 01482 823202<br />

Email: bookings@hota.org<br />

Website: www.hota.org

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