THE MARITIME LABOUR CONVENTION 2006 IS ENTERING INTO FORCE

The Philippines has become the 30th country to ratify the Maritime Labour Convention and therefore, MLC 2006 will enter into force on August 20, 2013. The Convention provides comprehensive rights and protection for more than 1.2 million seafarers worldwide.

The MLC 2006 includes more than 65 ILO Conventions and is intended to become a global instrument as the “fourth” pillar of the international regulatory regime for quality shipping, together with the key Conventions of the International Maritime Organization (IMO).
On August 20 the ILO has announced the 30th ratification of the MLC 2006 and since the 33 per cent of world gross tonnage has been fulfilled the MLC, 2006 is coming in force on August 20, 2013. The ILO Members that have ratified the Convention are Liberia, Marshall Islands, Bahamas, Panama, Norway,
Bosnia and Herzegovina, Spain, Croatia, Bulgaria, Canada, Saint Vincent and the Grenadines,
Switzerland, Benin, Singapore, Denmark, Antigua and Barbuda, Latvia, Luxembourg, Kiribati, Australia,
Netherlands, Tuvalu, St Kitts & Nevis, Togo, Poland, Palau, Sweden, Cyprus, Russian Federation,
Philippines.
Ship Owners, Managers, Yards and Crew Manning Agencies have to comply with the requirements of the Convention and obtain certification for ships flagged by the above mentioned ILO Members. The applicability of the MLC, 2006 is as outlined below:
 Ships of 500 gross tonnage or above, engaged in international voyages; and
 Ships of 500 gross tonnage or above, flying the flag of a member and operating from a port,
or between ports, in another country.
The Convention requirements are very detailed and cover an extensive range of topics. Ship Owners
and Managers must develop and implement procedures immediately to ensure ongoing compliance
with the requirements of MLC, 2006. Ships that may be delayed for inspection and certification may risk detentions.


THE CERTIFICATION PROCESS


The MLC, 2006 certification process is identical to ISM and ISPS for ships. The certificate validity will

The Daily Fixture/Index List of 19th October, 2012.

FIXTURES - 19/OCT/2012



Baltic Exchange Daily Fixture/Index List 19/10/2012


BDI 1010 (UP 21) BCI 2217 (UP 82) BPI 879 (DOWN 16)

BSI 732 (DOWN 8) BHSI 445 (UP 1)

Last published BDTI 672 (UP 2) BCTI 651 (UP 9)


TIMECHARTER





'Stella Ada' 2011 180233 dwt dely Dalian 24/26 Oct trip via
Australia redel Singapore-Japan $17000 daily - STX Pan Ocean
'Navios Helios' 2005 77075 dwt dely Port Said spot trip via Black
Sea redel Egyptian Med $6250 daily - Mina Shipping
'Fortune East' 2000 75615 dwt dely Cigading spot trip via Indonesia
redel India $10750 daily - Panacore
'Primrose' 2001 74700 dwt dely Fos 22/24 Oct transatlantic round
redel Skaw-Cape Passero $6250 daily - cnr
'Apostolos' 1995 70119 dwt dely psg Keelung 20/25 Oct trip via
Indonesia redel S.China $7000 daily - COSCO
'Agapi S' 2012 62000 dwt dely passing Skaw spot trip via USGulf
redel Singapore-Japan $10350 daily - Oldendorff
'Lowlands Beacon' 2011 61400 dwt dely Nemrut spot trip via Black Sea
redel Egyptian Med $7000 daily - Mina Shipping
'Marylaki' 2010 58114 dwt dely Singapore spot trip via Indonesia
redel India $8500 daily - Bulk Marine
'Smarty' 2000 45499 dwt dely Praia Mole spot trip redel
Singapore-Japan $12750 daily - MUR

PERIOD




'Rosco Maple' 2010 179764 dwt dely China 1/5 Nov abt 11/13 months
trading redel worldwide $13000 daily - cnr
'Gotia' 2012 178000 dwt dely N.China in d/c 26/28 Oct 4/8 months
trading redel worldwide $13500 daily - Oldendorff
'Rosco Cypress' 2004 76801 dwt dely CJK 20/25 Oct 4/6 months trading
redel worldwide $7750 daily - cnr
'Densa Lion' 2010 55092 dwt dely passing Singapore spot 3/5 months
trading redel worldwide $9000 daily - Oldendorff

ORE




'Iron Baron' 1999 160000/10 Dampier/Qingdao 28 Oct/1 Nov $9.95 fio
scale/30000shinc - Rio Tinto -