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NEWSLETTERDECEMBER 2012

January 2013

Bank holidays:

1st : New Years Day4th: Angola, Congo (Dem.Rep)7th: Sudan10th: Benin11th: Morocco12th: Tanzania13th: Senegal, Togo16 & 17: Congo (Dem. Rep)

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Ports

HAPPY NEW YEAR 2013 !

Events January 28th, Maritime week in Africa, Durban, RSA

http://petrospot.com/events/2013/201301_MWAfrica/profile.asp

February 27th-28th, 7th Indian Ocean Ports and Logistics, Beira, Mozambique

http://www.transportevents.com/EventsDetails.aspx?EventID=EVE097

March 4th-5th, 4th Africa Ports, Logistics & Supply Chain Conference & Expo, Accra, Ghana

http://www.magenta-global.com.sg/africaportslogistics2013/

March 12th-15th, Breakbulk China,Shanghai, China

http://breakbulkevents.com/index.php?section=bb_china2013

March 19th-20th, World Ports & Trade Summit 2013, Abu Dhabi, United Arab Emirates

http://www.worldportsandtrade.com

Kenya ambitious plans

Kenya is to launch the construction of a second container terminal at the Port of Mombasa. The project is expected to cost $327-million. Financed by the Japanese and Kenyan governments, the new terminal will have a capacity of 1.2-million TEUs (20 foot eq units) a year and will have three berths that measure 230 m, 320 m and 350 m. The Kenya Ports Authority (KPA) is spending $87.5 million to deepen and widen berths and the ship-turning basin to accommodate bigger vessels. The current container terminal was built in 1980 with a designed capacity of 250 000 TEUs and container traffic through the port is projected to reach 960 000 TEUs by 2015. To ease the cargo traffic at the port of

Mombasa, the Lamu Port project is on the government schedule. The Lamu Port Southern Sudan Ethiopia Transport Corridor (LAPSSET) also known as the Second Transport Corridor, comprises the Lamu port at Manda Bay, a railway line, highway, oil refinery, oil pipeline and airports at Isiolo, Lamu and Lodwar. The project is to cost $23.4 billion and the aim is to enhance trade between Kenya, South Sudan, Ethiopia and the rest of the East African region. Soon, in Lamu, the final phase of the underwater excavation of a Chinese ship sunk over 100 years ago will start. The Chinese and Kenyan archeologists will do the Sh200 million excavation agreement signed four years ago between the two governments.

Liberia to improve its ports

National Ports Authority of Liberia is to set an ambitious planning process by preparing a National Ports Master Plan for the development of the port sector for the next 25 years. The master plan is due for presentation in the first quarter of

2013. Moreover, on December 7th, 2012, the Government of Kuwait has loaned the Government of Liberia US$14m to rehabilitate the port of Gren-ville in Sinoe County.

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Energy,

Oil & Gas

Industry

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The Pan African port conference

The 9th Pan African port conference opened early December in Brazzaville, Congo, to review the relations between the state and the ports across Africa. Organized by the Port Authority of Pointe-Noire, under the Pan African Association for Port Cooperation (APCP), the aim was to highlight the challenges and issues related to the rela-tionship in the implementation of their respective development plans. The mee-ting has been attended by representa-

tives of states, port Chief Executive Officers, urban administration officials and international experts: “…port autho-rities today face a number of challenges, one of which is the urgent need for more modern port infrastructure to accommo-date and process increasingly larger vessels,” declared the Director General of the Port Authority of Lomé, Fogan Kogjo Adegnon, who is also president of the APCP.

Mozambique & RSA partnership

This year, the Maputo Port Development Co (MPDC) expects total cargo handled by the port to reach 15 million tonnes, largely due to campaigns promoting the port among clients in South Africa, the market which provides 80% of the port’s cargo. The Maputo Port Development Co signed a memorandum of understanding with Transnet National Ports Authority (TNPA) for a better cooperation. Under the mantle of the Port Management Association of Eastern & Southern Africa, relationships will be set up with other regional ports, including

Beira and Mombasa. With terminals for the export of cars, grain, coal, containers, sugar, citrus, cold storage, ferrochrome and liquids like oil, Maputo’s growth will benefit from its proximity to South Africa, particularly the Gauteng region. The port handled 12Mt of cargo in 2011. By 2016, the MPDC will target 36Mt, though this will depend on a more effective rail system. To address this, the MPDC recently signed an agreement with Mozambican Ports & Rail, Transnet Freight Rail and Swaziland Railway.

Nigeria to develop a deep sea port

The Federal Government is to develop the Ibaka Deep Sea Port. According to the Minister of Transport, Senator Idris Umar, the existing ports have been overstretched. The ports and facilities designed to handle 60 million metric tons annually have now to handle over 100 million tons annually. The next port's location will offer opportunities to maritime and oil and gas related productions. It will also accommodate dry docking facilities for super tanker

vessels and offer low cost access to off shore oil/gas fields. Foreign investors recently show their interest. The US Ambassador to Nigeria, Mr. Terrence P. McCulley, addressed the Nigerian delegation to the International Workboat Show, in New Orleans, Louisiana, USA. He officially introduced promoters of some American companies wishing to invest in Nigeria's maritime, oil and gas sectors, as a mark of his "faith in the in the development process in Nigeria".

Ghana : The project

Blue Energy, a UK-based renewable energy investment company, has announced plans to build the biggest photovoltaic (PV) solar power plant in Africa. Construction work on the $400m (£248m) plant is due to start within 12 months and the 155MW solar photovol-taic (PV) plant will be fully operational by October 2015. Construction on the Nzema project is due to begin near the village of Aiwiaso in western Ghana with the installation of some 630,000 PV

modules. The Nzema project will be able to provide electricity to more than 100,000 homes. Dozens of solar projects have been announced across Africa in recent years but few have been on this ambi-tious scale, according to industry ana-lyst Ash Sharma at the IMS Research. The 155 megawatt plant that will increase Ghana's generating capacity by 6%, would be the fourth biggest of its kind in the world. It will be the first major scheme to claim payments from Ghana's

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Ghana : The project (followed)

feed-in tariff incentive scheme, created by the government in 2011. Douglas Coleman, the project's director at Blue Energy, told "the Guardian" that the com-pany was using solar PV instead of the distinctive 'troughs' used in concentrated solar power technology seen in North Africa and the Middle East in part because PV only requires light, not direct sunlight. The choice of PV means the farm will still generate electricity during the more than 100 cloudy days Ghana experiences each year. Ghana has a target of increasing renewable energy capacity from its current 1% of the

country's energy mix to 10% by 2020. Ash Sharma, at IMS Research delared that "the costs of solar have decreased dramatically in the last two years ... fallen by 40% plus, and this has really enabled it to be used in emerging regions in Africa and Asia." Moreover, Ghana recorded the fastest growth in Sub-Saharan Africa last year, with GDP growing at 14.3%, driven by oil production. Ghana's petroleum revenue accruing to the state this year has hit USD340 million following the announce-ment of a third quarter receipt of USD 64.91 million.

Angola : a new refinery in Lobito

The Angolan State-run Oil Company (SONANGOL) announced early Decem-ber the formal start of construction of the Lobito Refinery with a capacity to process 200,000 barrels of crude oil a day. According to the Governor of Cen-tral Benguela province, Armando da Cruz Neto, the construction of the refinery adds to a number of structuring investments including the rehabilitation, expansion and modernisation of the Lobito Port, Catumbela International

Airport, the construction of the Mining Terminal, the rehabilitation of the Ben-guela Railway and now the refinery that will together lead the province into a stra-tegic development within the context of Angola and Southern Africa. The project is located ten kilometres from Lobito port, 150 metres above the sea level, city, over an area of 3,805 hectares, on the north-south axis and will allow the supply of oil derivatives to all provinces of Angola and neighbouring countries.

Equatorial Guinea & Gabon crude

exports

According to two loading programs obtai-ned by Bloomberg News, Equatorial Guinea is set to increase exports of Zafiro crude in February while Gabon is scheduled to ship two lots of its Rabi Light grade. Three 950,000 barrel consi-gnments of Zafiro are to be shipped in February, two more than next month, the

plan showed. Exports of Gabon’s Rabi Light are set to be two lots of 650,000 barrels, unchanged from January, accor-ding to a second schedule. Loading programs are monthly drafts of crude shipments compiled by field ope-rators to allow buyers and sellers to plan their supply and trading activities.

Oil & environment : Congo basin

At a time when offshore oil drilling imposes certain environmental constraints, the oil company Tullow Oil has mounted an innovative research project on the marine environment. Developed and funded by Tullow Oil to the tune of $ 1.5 million, or more than 770 million CFA francs, the project includes a program to offset the impacts of the oil industry, which collects scientific data base in the region coastal Congo Basin for the sustainable management of this important marine ecosystem.

It is run by the Wildlife Conservation Society (WCS). This project, launched in July 2012 for a period of two years, is the first marine environmental research and the first comprehensive program of compensation related to the oil industry in the coastal region of the Congo Basin. The program covers the coasts of Gabon, Equatorial Guinea and Congo and will deliver biodiversity data to help quantify and qualify the rich offshore habitats of the region, including those in and around offshore oil installations.

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Energy,

Oil & Gas

Industry

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Raw

Materials

&

Agriculture

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Tanzania : the flower country

The horticulture industry has seen between 8 and 10 % increase in growth, making it the fastest growing sub sector of the national economy. It has been singled out as the main contributor to foreign earnings in the agricultural sector, thanks to the increase of private investments of the sector in the country. Flower production is mainly concentra-ted in Arusha and Kilimanjaro in the Northern part of Tanzania and few varie-ties are produced in Zanzibar and Sou-thern Highlands. The plan is to develop the Southern corridor of the country, area chosen by the government for local horti-culture business. Recently, the horticulture sector has received a grant of 6.4bn (US 4 million

dollar) from the United States Agency for International Development (USAID) to help small farmers. The European Union (EU) has also announced that it will spend Euro 4.5m ($5.88m) to support horticulture sector to increase smallhol-der farmers income through better access to markets.According to TAHA's Policy Analyst, Mr Anthony Chamanga flowers are expor-ted mainly to Netherlands, Germany and Scandinavian countries. The horticulture industry offers direct employment to about 350,000 Tanzanians and contribu-tion of horticulture to the forex earnings in the country has now reached to 35% which is equivalent to $389m from a mere 3% in 2000.

Rice in Africa

The Food and Agriculture Organization (FAO) acknowledged the increased rice output in Nigeria and Ghana and that the global rice production for 2012 "will outpace consumption in 2012/13, resul-ting in an upward revision of five million tonnes in 2013 closing inventories".In Nigeria, the Federal Government revealed that $150 billion (N23.4 trillion) will be spent to meet Nigeria's annual rice demand by 2050 as the nation's nee-ding for imported rice keeps rising. Nige-ria currently imports 5 million metric tonnes of rice and the figure will increase to an estimated 36 million metric tonnes by 2050. According to the minister of Agriculture and Rural Development, Dr Akinwunmi Adesina: "Nigeria is now the largest importer of rice in the world... Unless Nigeria begins an aggressive import substitution programme for rice, it will spend $150 billion annually importing rice by 2050". The Federal Government has inaugurated a special intervention programme aimed at boosting rice production in ten states of the federation, to scale up rice production in 2013. In Gambia, rice is also a concern. A two-day capacity building training has equipped rural farmers with skills in rice production, post harvest loss on rice development, seed multiplication, use of chemicals and its impacts on crops, amongst others. Created by the Participatory Integrated Watershed Management Project (PIWAMP), the

training has been organised by the National Coordinating Organization of Farmers Association of The Gambia (NACOFAG). In Sub Saharan Africa, weeds cause estimated annual rice production losses of at least 2.2 million tonnes and US$1.45 billion, equivalent to 10 million hectares of rice annually, according to Rodenburg. Researchers have launched a free interactive tool that can be used to identify nearly 200 weeds that harm rice production in Africa. Launched by agri-cultural research institutions AfricaRice and the Centre for International Coope-ration in Agronomic Research for Deve-lopment (CIRAD), it can be accessed online and offline on laptops and CD-ROMs or as an application on smart-tphones and tablet computers.The weed identification tool is the product of a 3-year project on “African Weeds of Rice” (AFROweeds), coordina-ted by the Centre de coopération interna-tionale en recherche agronomique pour le développement (CIRAD) and Africa-Rice with support from the European Union (EU) Africa, Carribean, Pacific (ACP) Science and Technology Program. After identifying the specific weed, users can use a database to select appropriate interventions.

http://www.afroweeds.org/en.html

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Industry

Rail & Road

Projects

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Green shipping recycling

Pressure for green ship recycling in Europe Ship recyclers based in the EU are concerned that the future European regulation on ship recycling will divert even more end of life vessels to Asia. Every year, about 1,000 ocean going

ships are sent for recycling, most of which end up on the beaches of South Asia, leading to disastrous environmental pollution. Patrizia Heidegger, Executive Director of Shipbreaking Platform, a global coalition of 18 environmental, human and labour rights organisations

Railways between Angola & Namibia

The construction of the railway line connecting Angola and Namibia, through the Moçamedes Railway Company (CFM), may start in 2013. According to the chairman of CFM's board, Daniel

Paxe, the Angolan Executive intends to extend its line over 300 kilometres which will link Tchamutete (Huila), Santa Clara (Cunene) that borders with the Northern area of Namibia.

More roads for Nigeria

Earlier this year, Nigerian Minister of Transport, Senator Idris Umar, quoted the Badagry Port project as an example of a public-private partnership develop-ment which would help to address congestion and establish Nigeria as a maritime trading hub for West and Cen-tral Africa. The Benin-Lagos Expressway is currently being upgraded to a 10-lane highway which will facilitate cargo move-

ments to and from inland destinations in the region. To be among the first top 20 economies in the world, the road infrastructure must grow from 194,000km to about 300,000km. And road works need N500 billion every year until 2016, if they are to reach international standards, according to the Works Minister Mike Onoleme-men.

VLCC second hand tankers cost

According to a recent report from US based consulting firm, Mcquilling Services, a five year-old VLCC had an average price of US $58 million year-to-date, down about 40% for the same timeriod in 2010. This has occurred despite the robust trading activity of clean petroleum products and highlights the potential pressure facing this sector from a large orderbook and the expectation of future deliveries. It added that "given the current pressure facing the global economy, any support for tanker prices will be contingent on the return of a balance between supply and demand”. Mcquilling Services predicted that one of the critical issues of restructurings will be the resolution of intercreditor terms and finding a way to reach an agreement over future cash flow expectations. For many ship owners, the problem of low charter rates, that are not enough to cover operational cash flow requirements much less financing, will remain an issue. As a result, asset markets will continue to be challenged until enough industry consolidation occurs to put a floor under prices. Tanker owners with a healthy balance sheet are likely to continue

seeking bargain priced assets to expand their fleets. Meanwhile, those requiring restructured loans will need to find increasingly innovative ways to extend conditions or face difficult decisions. Intermodal's Panos Makrinos noted that "taking the case however that asset prices may drop further, it makes fair reason for any prospective buyer who currently has serious interest in buying new vessels, to wait for some time before taking any decisive action. All that being said, such a decision may well be within minimal risk of an upward swing in asset prices but always entailing some. The question that arises here is whether this common thinking is indeed reasonable and able in itself to persuade all these prospective buyers to wait despite the discounted prices offered. In essence, their choice to wait means that they would forgo any potential gains that could be succeeded from acquiring modern second hand or newbuilding vessels at current levels. The question is to what extent should owners be chasing the market bottom, especially in the case were they are planning to make more than one vessel acquisition”.

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Industry

Economics

& Politics

Economics

& Politics

Green ship recycling (followed)

declared: “We expect the EU to create sustainable jobs in green ship recycling facilities in Europe by guaranteeing a steady supply of end of life vessels to European ship recyclers”. In its proposal for a regulation on ship recycling, the European Commission argued that European end of life vessels were exported to South Asia because capacities within the EU and the OECD were not sufficient. However, the Commission failed to take into account facilities in Canada, the US, Mexico, and Turkey. A recent report published by the Platform shows that all EU flagged ships could be recycled in OECD facilities. The European Parliament’s Environment Committee is debating the Commission Proposal and the draft report by rapporteur Carl Schlyter MEP. Schlyter’s

draft report supports the development of EU ship recycling capacity through a funding mechanism. This would be an incentive for shipowners calling at EU ports to recycle their ships in an environmentally sound and safe manner. Currently, European facilities can hardly compete with the prices offered to shipowners by sub-standard shipbreaking yards in India, Bangladesh, and Pakistan. The NGO Shipbreaking Platform and Greenpeace EU Unit support this funding mechanism in their joint position paper on the European Commission Proposal. The Platform is currently working on a survey that will detail how such a mechanism could work. http://www.shipbreakingplatform.org/

A new container ship

A new container ship design featuring LNG-fuelled propulsion, optimised hull and efficient cargo handling demons-trates that vessels can be both environ-ment-friendly and economic to operate. Ari Viitanen, Dry Cargo Sales Director at Cargotec declared " we are excited to be involved with the STREAM development concept, which is initially for a 4,200 TEU and a wide-bodied 5,000 TEU fully cellu-lar, open-top, LNG fuelled container vessel.” The design was developed by IPP Ingenieur Partner Pool in Germany and the innovative container stowing

concept was developed jointly by experts from Cargotec and TECHNOLOG, which is part of the German engineering alliance. It has been approved by Germa-nischer Lloyd. The design can be confi-gured to suit multiple shipping routes. Mr Viitanen delclared: "While this design features market leading levels of opera-tional flexibility, we would always recom-mend that owners and yards consult us at an early stage to ensure that a new vessel is fully optimised for its specific routes and trading patterns” .http://www.gl-group.com/en/group/24330.php

Canada in Africa

With an initial focus on oil-producing Nigeria and mineral-rich Ghana, Ottawa is bolstering its trade strategy in Africa. The fledgling Nigerian Canadian Business Association aims to assist Canadian and Nigerian companies in doubling trade to 6 billion dollars by 2015. Without a doubt, there is growing attention on "the very interesting economic growth rates in Africa and also the wealth of natural resources that is very attractive for Canadian companies," acknowledged Sylvie Perras, the Africa-Canada Forum coordinator at the

Canadian Council for International Cooperation in Ottawa. Last month, Canada concluded an investment promotion deal with Tanzania in mining, oil and gas and transportation. Ottawa has also forged trade and investment initiatives with Benin, Burkina Faso, Cameroon, Côte d'Ivoire, Ghana, Tunisia, Zambia and Senegal. Canada's bilateral trade with Africa jumped from an annual 2 billion dollars at the beginning of the 21st century to 13 billion dollars, but it would be feasible to increase these numbers by 15 % to 20 % a year.

Mozambique growth rate

The Mozambican economy continues to “expand at a rapid rate,” bucking the global trend and may soon become one

of the most dynamic in the world, even outperforming rates of growth in China according to Portuguese bank BPI. “In its latest assessment of the Mozambican

Economics

& Politics

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Mozambique growth rate (followed)

economy, the International Monetary Fund (IMF) raised its forecast for econo-mic growth to 7.5 % in 2012 and 8.4 % in 2013. 40 % of current exports are alumi-nium but with coal, which began to be exported in 2011, accounting for an increasingly significant share. A chal-lenge for the authorities is to reduce foreign aid, which still makes up almost 30 % of public revenue. Portugal was the country whose companies invested most in Mozambique in the first half of this year with a total of 5 projects and one joint investment of US$116 million, according to figures from the Centre for Investment Promotion (CPI) to which

Macauhub had access in Maputo. In second and third places were South Africa and Mauritius, which respectively invested US$56 million and US$30 million, and China was ranked fourth with seven investment projects jointly valued at US$24 million. Regarding China, South Africa's biggest bank Standard Bank revealed that trade between Africa and China this year is likely to surpass 200 billion U.S. dollars from 166 billion U.S. dollars last year. Today China accounts for 20 % of Africa's trade and Africa has become China's faste-growing export destination and trade partner.

Review of maritime transport

World seaborne trade climbed by 4 % in 2011, reaching a record high of 8.7 billion tons. But over the same year, world ship supply capacity expanded much faster, at a rate of 10 %, reaching for the first time a total of 1.5 billion deadweight tons, according to the UNCTAD's annual survey of the shipping industry,The freight transport faces a dual chal-lenge. On one hand, it must reduce its high rate of energy use and curb its GHG emissions so that it becomes environ-mentally sustainable and can help to control climate change. At the same time, the Intergovernmental Panel on Climate Change estimated in its Fourth Assessment Report that 13 % of world GHG emissions were transport-related. On the other hand, the transport sector needs to adapt and build its climate

resilience in the face of adverse climate change impacts, especially in ports. While ports are at the heart of internatio-nal trade and are key nodes of global supply chains, they are also exposed to such climate change impacts as rising sea levels, floods, storm surges and strong winds. The report states that a shift to more sustainable and resilient freight transport systems is necessary. Relevant strategies include adopting more energy efficient transport systems, promoting the use of cleaner fuels, shifting to cleaner modes of transport, and adjusting logistics operation processes. Assessing the potential impacts of climate change on transporta-tion systems and adopting appropriate adaptation measures are key for climate resilience.

The Manila Amendments

The STCW (Standard of Training Certifi-cation & Watchkeeping) Convention and Code as amended by the Manila amend-ments (2010) contains new requirements regarding security training. This training is required by all personnel employed or engaged on board ships to which the ISPS Code applies. These Regulations came into force on January 1st, 2012. (MCA instructions dated 31st July 2012). Simply complying with statu-tory regulations is only the beginning of ensuring an effective security regime on board a ship. “The ship is a seafarer’s home and needs to be protected as such. All involved in the enterprise of

shipping -ashore and on board- have a role to play and a right to live and work within a secure environment. Com-pliance with international, national and company regulations is not the end of the process, rather the beginning.” The Manila Amendments have been intro-duced on the back of increased piracy and violence against seafarers around the world. The international community have put into place certain measures to combat this menace in the Indian Ocean and Gulf of Guinea, but ships and their crews remain vulnerable in many other parts of the world. The Manila Amend-ments are an opportunity for shipping companies to improve their security

Risks & Piracy

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Sources:

www.afp.comwww.allafrica.comwww.bbcnews.comwww.macauhub.comwww.reuters.comwww.guardian.co.ukwww.economist.comwww.Maasmond.comlocal African newspapers The Maritime executiveNewspapersWikipedia

8AFRITRAMP cannot guarantee that the information made available on this newsletter is correct, accurate or exhaus-tive. It is therefore recommended that readers check the information by other means.

Risks & Piracy

The Manila Amendments (followed)

culture, and achieve a consistency of security on their ships. Companies need to provide personnel with the skills to perform a security role, whether by external training or shipboard drills. There are new security training require-ments: these are mandatory and CSO’s need to ensure that the ships they are responsible for are fully compliant with the ISPS Code.The ISPS Code Part A 11.2 states that in addition to those specified elsewhere in this part of the code, the duties of the Company Secu-rity Officer shall include, but are not limited to: - Enhancing security awareness and vigilance - Ensuring adequate training for person-

nel responsible for the security of the ship - Ensuring consistency between security requirements and safety requirements.In addition to the existing Ship Secu-rity Officer (SSO) training (which is unchanged) the amendments to the STCW Convention brings in three new levels of security training: -Security related familiarisation; -Proficiency in security awareness (PSA); -Proficiency in designated security duties (PDSD)

http://www.imsaltd.com/training/pdsd

General

NewsLife of Pi

Life of Pi is a fantasy adventure novel by Yann Martel published in 2001. The protagonist, Piscine Molitor "Pi" Patel, an Indian boy from Pondicherry, explores issues of spirituality and practicality from an early age. He survives 227 days after a shipwreck while stranded on a boat in the Pacific Ocean with a Bengal tiger named Richard Parker. The novel was rejected by at least five London publishing houses before being accepted by Knopf Canada, which published it in September 2001. The UK edition won the Man Booker Prize for Fiction the following year. It was also chosen for CBC Radio's Canada Reads 2003, where it was championed by author Nancy Lee. The French translation, L'histoire de Pi, was chosen in the French version of the contest, Le combat des livres, where it was championed by Louise Forestier. The novel won the 2003 Boeke Prize, a

South African novel award. In 2004, it won the Asian/Pacific American Award for Literature in Best Adult Fiction for years 2001–2003.A 2012 adaptation directed by Ang Lee and based on an adapted screenplay by David Magee was given a wide release in the United States on 21 November 2012.