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operational committee's reports - Singapore Shipping Association

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world’s governments must exercise strong political will to<br />

address the root causes of the problem in Somalia itself.<br />

Meanwhile, SSA members whose ships are transiting<br />

the Gulf have been strongly advised to adopt the Best<br />

Management Practices issued by industry organizations.<br />

In this regard, ship masters should make full use of the<br />

voluntary reporting systems implemented<br />

by the naval forces operating in the region.<br />

SSA also acknowledges that individual<br />

SSA Member companies should adopt<br />

additional safety measures to protect the<br />

lives and well-being of their seafarers. The<br />

<strong>Association</strong> wishes to caution that the use<br />

of security service providers is, however,<br />

subject to individual company’s policy and<br />

risk assessment.<br />

In South-East Asia, we are pleased to<br />

note a significant drop in piracy incidents,<br />

due in no small part to the ongoing sea<br />

and air patrols in the Straits of Malacca and <strong>Singapore</strong>.<br />

Nevertheless, SSA is monitoring the situation closely as a<br />

number of slow moving tugs towing barges were attacked<br />

in the South China Sea last year and early this year. We urge<br />

our members to remain vigilant when transiting the straits,<br />

especially during the hours of darkness.<br />

The continued debate on global warming and climatic<br />

changes at international fora is putting extra pressure on<br />

the shipping industry to develop mitigation and adaptation<br />

imperatives to reduce its carbon footprints. It should be<br />

noted that shipping, which carries 90% of the world trade,<br />

accounts for only 1.5% of the world’s carbon emissions.<br />

Without shipping, the import and export of goods on<br />

4 SSA Annual Review 2010/2011<br />

On global warming... the SSA<br />

is strongly committed towards<br />

further reducing the emission<br />

of greenhouse gases from<br />

<strong>Singapore</strong>-registered ships<br />

the scale necessary for the modern world would not be<br />

possible. On its part, the SSA is strongly committed towards<br />

further reducing the emission of greenhouse gases from<br />

<strong>Singapore</strong>-registered ships, and is strongly committed<br />

towards promoting sustainable, environmentally-friendly<br />

shipping. As such, SSA continues to contribute to the<br />

intense debate taking place at the IMO, with every intention<br />

of promoting <strong>operational</strong> measures and<br />

Market Based Instruments (MBI) that will be<br />

realistic, pragmatic and effective.<br />

The <strong>Association</strong> continues to maintain<br />

that the IMO should serve as the leading<br />

forum to develop pro-active and practical<br />

regulatory measures aimed at further<br />

reducing Greenhouse Gas emissions<br />

from ships. Provisions should also be<br />

made to recognize and reward operators<br />

who voluntarily deploy sustainable and<br />

environmentally friendly technology for their<br />

ships.<br />

The SIngapore Scene<br />

In spite of the shocks of the past two years, <strong>Singapore</strong>’s<br />

maritime industry has continued to grow from strength to<br />

strength. Aided by the government’s ongoing efforts to<br />

provide a conducive and business-friendly environment<br />

for international shipping companies and other maritimerelated<br />

companies, <strong>Singapore</strong> has maintained its position<br />

as an important global hub port with vessel arrivals of just<br />

over 1.92 billion GT and 503.3 million tonnes of seaborne<br />

cargo carried, an increase of 6.57% from 2009.<br />

The Port of <strong>Singapore</strong> also maintained its position as one of the world’s<br />

busiest container ports, handling more than 28.4 million TEUs in 2010, showing a<br />

strong recovery of almost 10% from 2009.<br />

The <strong>Singapore</strong> Registry of Ships (SRS) is among the top ten registries in the<br />

world with a fleet of more than 3,950 vessels totaling 48.7 million gross tonnes.<br />

Besides having a young fleet, the SRS is well known as a quality registry with high<br />

standards.<br />

The bunkering industry in <strong>Singapore</strong> also performed relatively well, with more<br />

than 40.8 million tonnes of bunkers delivered in 2010, a 12% increase from 2009.<br />

Collectively, <strong>Singapore</strong>’s achievements have reinforced <strong>Singapore</strong>’s role as an<br />

International Maritime Centre (IMC).<br />

Your aSSocIaTIon<br />

Over the past year, the SSA has been very active, and despite an increasingly<br />

difficult market, the <strong>Association</strong>’s membership saw an increase of 41 new members.<br />

Whilst the <strong>Association</strong>’s membership roll also saw 16 members resigning, as at 15<br />

June 2011, the <strong>Association</strong>’s membership has grown to a total of 401 members,<br />

up from 376 members as reported at the last AGM.<br />

The <strong>Association</strong>’s Young Executives Group (YEG), which celebrated its 5th anniversary in April this year as part of the <strong>Singapore</strong> Maritime Week festivities,<br />

now stands at over 780 members. A group of 10 Young Shipowners also joined<br />

the 27–member SSA delegation to the 20th Asian Shipowners Forum in Bali,<br />

Indonesia from 23-25 May 2011. We hope that these young members of our<br />

<strong>Association</strong> will continue to make enthusiastic and positive contributions to<br />

<strong>Singapore</strong>’s shipping industry.<br />

Also celebrating its 5th anniversary was the <strong>Association</strong>’s eNewsletter,<br />

“Waves”, with the 30th issue being published in June this year.<br />

Photo courtesy of Jurong Port Pte Ltd<br />

The Port of <strong>Singapore</strong><br />

also maintained its<br />

position as one of the<br />

world’s busiest container<br />

ports, handling more<br />

than 28.4 million TEUs in<br />

2010, showing a strong<br />

recovery of almost 10%<br />

from 2009.<br />

SSA Annual Review 2010/2011<br />

5

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