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NARRAT VE
%urin" a re"ular, scheduled crossin", a lar"e hi"h speed craft hit a series of wa(es while tra(ellin" at a speed of 99 +nots to 9' +nots& *he slammin" caused se(ere indentations in the bow area of the ship& Followin" the slammin", the speed was immediatelyreduced to about 21 +nots to 29 +nots& At this speed, the (oya"e to its port of destination was continued without further incident& $i2 passen"ers and one crew member were in1ured when the (essel hit the wa(es& #pon arri(al, two of the si2 in1ured passen"ers had to be treated at the local hospital& *he most se(ere in1ury was a bro+en hip&
C!NC"#$ !N
*he speed reduction from 41 42 +nots to 99 9' +nots was insufficient to ensure a safe crossin" "i(en the actual weather and wa(e conditions& When choosin" the speed he considered safe, the master did not pay sufficient attention to the weather, the sea state and the possibilities for obser(in" the wa(es and the "eo"raphic conditions in the area& *he %,AI3 reported that the operations manual for the hi"h speed ferry did not pro(ide the (essel4s master with sufficient information re"ardin" safe speed in hea(y weather&
REC!MMENDAT !N$
All the in1ured passen"ers were in1ured when they were thrown out of the fi2ed chairs in which they were sittin" or lyin"& It is recommended that the ship owner consider the appropriate means which will pre(ent passen"ers from bein" in1ured in similar incidents in the future& *he e2istin" 0ser(ice restrictions0 for the (essel stated in the appro(ed 0Craft -perational ,anual0 is considered insufficient as a tool for decidin" a safe speed in a "i(en condition in the actual "eo"raphic area& It is recommended that the ship owner de(elop a decision support system for assistance when decidin" on a safe speed in a "i(en condition& $uch a support system should consider local as well as actual conditions and, in this way, assist in ensurin" the safety of passen"ers and crew as well as in pre(entin" structural dama"es to the (essel& It is recommended that this support system be inte"rated in the e2istin" I$,:$,$ system for the (essel& $ource; %anish ,AI3
I,- is hostin" an /2pert Wor+shop on #nderwater <oise and its Impacts on ,arine and Coastal 3iodi(ersity from February 2' to February 2=, 20148& *he wor+shop is bein" or"anised by the $ecretariat of the Con(ention on 3iodi(ersity 7C3%8 with financial support from the /uropean Commission& I,-4s ,/)C 66th session, which will be held from ,arch 91 to 4 April, will consider draft >uidelines for the reduction of underwater noise from commercial shippin"& Wor+shop participants will share, throu"h open discussions, their "lobal, re"ional and national e2periences and +nowled"e on underwater noise and its impacts on marine and coastal biodi(ersity, includin" information on short and lon" term ne"ati(e conse6uences for marine animals and other biota in the marine en(ironment, I,reported& )articipants will also focus on the de(elopment of practical "uidance and tool +its to minimise and miti"ate the si"nificant ad(erse impacts of anthropo"enic underwater noise on marine and coastal biodi(ersity, includin" marine mammals, in order to assist )arties and other "o(ernments in applyin" mana"ement measures&
$in"apore is plannin" to build a second ?i6uefied <atural >as 7?<>8 recei(in" terminal, followin" its lon" term strate"y to become Asia4s ?<> tradin" hub& )rime ,inister ?ee .sien ?oon", who inau"urated $in"apore4s first terminal on *uesday, said that the city state had already started a feasible study to find out suitable locations on the eastern part of the country to construct a new facility& $in"apore4s "eo"raphical ad(anta"es and its stature as Asia4s oil tradin" centre will support it to become an ?<> leader& *he International /ner"y A"ency un(eiled that Asia, with 46@ of "lobal trade, has already o(erta+en /urope as the world4s bi""est "as importer& *he a"ency has also rated $in"apore as the best place to be the hub for ?<>&
ENVIRONMENT
0And we +now that there4s no way that "o(ernments are "oin" to tac+le this enormous challen"e, fran+ly, without si"nificant impetus from the pri(ate sector, the <>community, academia, media and others&0 A note struc+ time and a"ain at the meetin", which continues throu"h Wednesday, was the need to translate the destruction of seas and marine life into economic (alues that e(eryone, from world leaders to fishermen, can ta+e to heart& 0/(ery human on /arth depends on the oceans for the food we eat and the air we breathe,0 Eerry said& 7AF)8
SHIPPING DATA
6A"T C E7CHANGE
Market snapshot: 1100 GMT Dry Index BDI 1197 Capesize Index BCI 177 #ana$ax Index B#I 11"7 &'pra$ax Index B&I 109! (andysize Index B(&I !79 +23 +!" %3 0 0
E7CHANGE RATE$
)e* +ork ,T'e C-s. /0n C'rren1y in 2&D Britain ,#o'nd. 13!!77 Canada ,Do--ar. 039024 China ,+'an. 031!33 5'ro 133743 India ,6'pee. 0301!1 Indonesia ,6'piah. 030000"! 7apan ,+en. 030097"" )or*ay ,8rone. 031! ! #hi-ippines ,#eso. 030224 #o-and ,9-oty. 033309 6'ssia ,6':-e. 0302"0 &in0apore ,Do--ar. 037917 2kraine ,(ry;nia. 031030
2&D in /0n C'rren1y 03 99! 1310"2 !31247 037277 !139" 0 11!! 300 10231!00 !303"9 443!100 330200 3 3720 132!30 9370 0