The Federation of ASEAN Shipowners" Associations (FASA) says it will continue to urge the Asian Shipowners Forum to seek representation at the IMO to speak up on Asian shipowner"s interests.
The Federation of ASEAN Shipowners" Associations (FASA), which met in Hanoi, Vietnam, last week, says it will continue to urge the Asian Shipowners Forum to seek representation at the IMO and other international organizations to speak up on Asian shipowner"s interests. The Meeting was chaired by Duong Chi Dzung who told assembled national representatives: ?The past year has been a particularly challenging one for ASEAN shipowners following the global financial crisis. I would expect shipping conditions to gradually improve as the world economy slowly recovers in 2010.?
But he also warned: ?We are not fully out of the woods yet. Even if trade should rebound, the shipping industry is expected to face a massive overcapacity, which was ordered during the pre ? crisis/boom years. Therefore we can expect the shipping market to stay depressed for a while longer in the near future.?
On piracy the meeting acknowledged that it would not be sustainable for any government or coalition of governments to provide comprehensive naval coverage of the vast area threatened by the pirates. As the lives and safety of seafarers are seriously threatened, and in view of the concerns and anxieties suffered by their families, the Meeting therefore urged the ASEAN governments to appeal to the United Nations, as a matter of urgency, to adopt an aggressive approach to deal with this piracy problem.