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increase the moisture content of the car$o to le'els where li7uefaction can occur" This can result in se'ere loss of a ship1s stability8 in extreme cases to the 'essel sinkin$" Other car$oes such as nickel ore are also prone to li7uefaction,4 the 56I 3lub bulletin noted" The (ondon 56I 3lub warnin$s for carria$e of iron ore fines and nickel ore is also applicable for loadin$ such car$o from India, !ierra (eone, %uatemala, Indonesia and the 5hilippines" The warnin$ said9 4%reat care must be taken when handlin$ these car$oes and the rules $o'ernin$ them under the IM!03 3ode must be closely obser'ed" !hips can be offered car$o which is unsafe due to their moisture content bein$ abo'e the Transportable Moisture (imit"4 4Owners who are considerin$ carryin$ iron ore fines or nickel ore are stron$ly ad'ised to contact the club early on, before concludin$ a fixture, to ensure that the risks and associated precautions are fully explored,4 it added" !ource9 (ondon 56I 3lub
4This authorisation reco$nises :I;#1s expertise with $as and will allow us to assist owners in =enmark who are acti'ely considerin$ con'ersions to and newbuildin$s with (;% fuel,4 3o$liolo said" 4&e belie'e there will be a rapid and acceleratin$ switch to (;% as a fuel in north >uropean waters, but the mo'e to $as must be done safely and with $ood mana$ement of all the risks in'ol'ed" That is where we can make a real difference, by helpin$ owners and yards to adopt new fuel solutions in a safe and timely manner,4 he added" ?essels that will use (;% or compressed natural $as will need to meet the rules and re7uirements set up by :I;#" 4&e are helpin$ owners mo'e to $as, and we are makin$ sure they a'oid the pitfalls as well $ainin$ the benefits,4 3o$liolo stressed"
The crew is scheduled to participate in a ran$e of acti'ities such as a friendly 'olleyball $ame with the ?ietnamese ;a'y, bilateral exercises at sea and 'isits to the city and other destinations in the central re$ion of ?iet ;am" (ast October, the !in$apore ;a'y1s ship, :!! 5ersistence, also 'isited the city on the occasion of the 40th anni'ersary of theestablishment of diplomatic ties between ?ietnam and !in$apore, 5;# reported"
and it is about time the $o'ernment further extend a hand to help them rebuild their li'es,4 Ila$an said" Ila$an said the Maritime Industry #uthority ,M#:I;#-, an attached a$ency of the Office of the 5resident ,O5-, collects fees like, !eafarer1s :e$istration 3ertificate at 525*0 , !=1"11- for new re$istrants and 5251*0 , !=+"+*- for lost !:3s" 4M#:I;# also collects 525.00 , !=1/"<- for the three)day processin$ or 5251*00 , !=++"*- for one day processin$ of the !eaman1s 0ook,4 Ila$an said"
M#T>! was sponsored by the Malaysian International !hippin$ 3orporation 0erhad ,MI!3-, International !hippin$ 3arriers, 2on$ Fon$ and the Malaysian Ministry of Transport" The 'enture resulted in the establishment of the Maritime Trainin$ 3entre in 1<//" On 1* #u$ust 1<.1, MT3 was up$raded to academy status with a $o'ernment charter, by 5rime Minister Tun =r Mahathir Mohamad" The school was named #kademi (aut Malaysia" On 1 @anuary 1<</, #(#M was pri'atised to the Malaysian Maritime #cademy !dn 0hd ,MM#-, a consortium comprisin$ the state)owned institutions Malaysia International !hippin$ 3orporation, 5etroliam ;asional 0erhad ,5>T:O;#!-, 5enan$ !hipbuildin$ and 3onstruction !dn 0hd and Flan$ 5ort Mana$ement !dn 0hd" 5resently, #(#M sits in a well)de'eloped /4 acre campus at the pristine Fuala (in$$i, Melaka o'erlookin$ the busy !traits of Melaka" #(#M is committed towards bein$ a reco$nised leader in re$ional maritime trainin$ excellence" The school has $ained reco$nition as a reputable $lobal M>T institution" #(#M has 42 classrooms on campus and an array of workshops for de'elopin$ its students1 technical, mechanical and electrical skills" There is also a modern steam power plant, diesel power plant, plant maintenance workshop, bench fittin$ and machinin$ workshop, seamanship workshop, weldin$ workshop, electrical and electronic lab, control lab, material testin$ lab and sectional models of machineries"
SHIPPING DATA
.#L&IC /0CH#%G/
Market snapshot: (March 3) Dry Index BDI 1276 Capesi e Index BCI 218! #ana$ax Index B#I 1!8! &'pra$ax Index B&I 11!7 )andysi e Index B)&I 666 +18 +"6 %1" +( %3
/0CH#%G/ $#&/S
*e+ ,ork (Mon C-s) ./n C'rrency in 0&D Britain (#o'nd) 11662" Canada (Do--ar) !1"!2( China (,'an) !11627 3'ro 11373( India (4'pee) !1!161 Indonesia (4'piah) !1!!!!86 5apan (,en) !1!!"82" *or+ay (6rone) !11623 0&D in ./n C'rrency !16!!3 111!82 611(6( !17281 621!(2! 112"21!! 1!11(3!! 61!(8!
#hi-ippines (#eso) #o-and (7-oty) 4'ssia (4'8-e) &in/apore (Do--ar) 0kraine ()ry9nia)